Health Benefits Of Alcohol Questioned
I’ve seen tons of things on red wine and resveratrol. The Science Times of the NYT just ran an article on alcohol and health.
“The moderate drinkers tend to do everything right — they exercise, they don’t smoke, they eat right and they drink moderately,” said Kaye Middleton Fillmore, a retired sociologist from the University of California, San Francisco, who has criticized the research. “It’s very hard to disentangle all of that, and that’s a real problem.”
This article points out something that happens in investment research all the time: causation or causality. Warren Buffett is rich because he is lucky, not necessarily smart. Popular wisdom concludes that “because he is enormously wealthy, it must be b/c he’s made prescient investment decisions.”
As the song goes, “It Ain’t necessarily So…”
Moderate drinkers might live longer b/c they spend xyz amount of time doing light aerobic activity for example and they “happen to drink in moderation.”
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