Oct

6

PoohAmazing Bear Rescue

A bear was walking across Rainbow Bridge (Old Hwy 40 at Donner Summit, Truckee) on Saturday when two cars also crossing the bridge scared the bear into jumping off the bridge. Somehow the bear caught himself on a ledge and was able to pull itself to safety. Authorities decided that nothing could be done…

There is a distribution of intelligence in wild animals, just as in humans, and increasingly there is evidence intelligence is partly inherited. Now in this case the authorities gave the bear a night to either fall off the bridge and perish or figure his own way out. It wasn't until the next day that for public safety reasons (onlookers) they decided to rescue the bear. And I don't have a problem with that. However, if we rescue every whale that swims up the Sacramento River or every bear that walks onto a bridge then we circumvent the natural order of things — which is that in the wild, the stupid animals perish and the smart ones propagate. The net effect of protecting the animals from every dumb move they make is Eloi-like wild animal populations. They are wild animals and not domesticated pets and they have to be allowed to fail. Otherwise as a species they will not be able to learn and adapt to the changing circumstances of the world in which they live.

Alston Mabry haikus:

Bridge-bound bear is saved.
Sunbaked berates bold rescue.
Which is more foolish?

Having been stuck on
a few high bridges myself,
I feel for the bear.

Dean Parisian extends:

I am a waterfowl hunter. Geese and ducks. I have killed lots of smart geese and lots of dumb geese. What kills the smart ones is their relationship with their life-long mates, causing them to fly back into the goose decoy spreads looking for the mate that just dropped out of the sky. Most geese killed over decoys are responding to the greed factor that the geese on the ground (the decoys) are feeding on food the geese in the air want.

These two basic goose-killing methodologies have significant lessons for market players. One, don’t fall in love with your positions because you can be gunned down at any time if they get you into strange territory. Two, don’t get yourself into situations where you “need” to be in the trade with everyone else who is feeding at the trough. That will get you killed faster than anything. One more thing, when you exit a position where shots were fired and you escaped, don’t come back and visit any time soon. There are lots of greenbacks in other places. Just keep looking until you find them.


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