Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Wednesday, April 30, 2008

LSD Inventor On His Final Trip

"Albert Hofmann, who died on Tuesday aged 102, synthesised lysergic acid diethylamide (LSD) in 1938 and became the first person in the world to experience a full-blown acid trip.... Hofmann was disappointed when his discovery was removed from commercial distribution. He remained convinced that the drug had the potential to counter the psychological problems induced by 'materialism, alienation from nature through industrialisation and increasing urbanisation, lack of satisfaction in professional employment in a mechanised, lifeless working world, ennui and purposelessness in wealthy, saturated society, and lack of a religious, nurturing, and meaningful philosophical foundation of life.'

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