Australian (ASX) Stock Market Forum

The Conspiracy Theory thread

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SirRumpole said:
I think it's a bit pie in the sky to expect mums and dads to become share market experts, they are too busy earning a living and raising families. The bulk of the investment should come by pension funds, the Future Fund for example.

So the Superannuation guarantee levy and such provides the finance for these funds and they should be using their expertise to invest it wisely.
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We already have the future fund and superannuation, we need more capital than that, mums and dads don't need to be share market experts, just be willing to put a few hundred thousand into an index or managed investment fund rather than always get tunnel vision and only think about owning more city real estate.
 
Value Collector,

You seem like a very learned individual, why do you respond to quote unquote conspiracy theories, do you find them interesting at all?

Further I do not have to post links, I just like to cite my work, however being an open forum perhaps credibility is not your main concern, I have noticed rather many individuals pushing their own agendas on these forums, respectfully.

Back on topic, what would you consider a good news site, Value Collector?

Clearly you are the smartest person on this forum value collector please give some advice on how to post better on this forum.

Further value collector with all our wealth how can we make the world a better place?
I consider anyone who is willing to listen a friend personally.
 
sr20de said:
Value Collector,

You seem like a very learned individual, why do you respond to quote unquote conspiracy theories, do you find them interesting at all?

Further I do not have to post links, I just like to cite my work, however being an open forum perhaps credibility is not your main concern, I have noticed rather many individuals pushing their own agendas on these forums, respectfully.

Back on topic, what would you consider a good news site, Value Collector?

Clearly you are the smartest person on this forum value collector please give some advice on how to post better on this forum.

Further value collector with all our wealth how can we make the world a better place?
I consider anyone who is willing to listen a friend personally.
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Oi!

I object to VC being the "smartest person on this forum". He's maybe the 10th :D
 
sr20de said:
why do you respond to quote unquote conspiracy theories, do you find them interesting at all?

.
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No conspiracy theories are not generally interesting, though I can see people love to feel like they have inside information, so love conspiracy theories, it makes them feel important.

Personally I want to believe as many true things as few false things as possible, I think a lot of other people do to, so sometimes you will see me addressing misconceptions or mistruths, I think getting at the truth is an important part of being an investor.

Further I do not have to post links, I just like to cite my work,
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Have you heard of confirmation bias?

Rather than looking for examples that prove your idea, you should look for examples that disprove it you will learn more that way, I think people that are heavy into conspiracy theories suffer from confirmation bias.


Back on topic, what would you consider a good news site, Value Collector?
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There are lots of news sites, the most important thing is not the actual news site itself, the news site is a starting point, it gives you an idea of something you might like to research further, you have to check the facts of any news site against other sources.


If you are interested in learning more about avoiding confirmation bias here is a short video, you will see the people in the video keep getting the wrong answer because they are only trying to confirm pre existing ideas, its not until they try and disprove themselves they get to the right answer.
 
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Value Collector said:
No conspiracy theories are not generally interesting, though I can see people love to feel like they have inside information, so love conspiracy theories, it makes them feel important.

Personally I want to believe as many true things as few false things as possible, I think a lot of other people do to, so sometimes you will see me addressing misconceptions or mistruths, I think getting at the truth is an important part of being an investor.



Have you heard of confirmation bias?

Rather than looking for examples that prove your idea, you should look for examples that disprove it you will learn more that way, I think people that are heavy into conspiracy theories suffer from confirmation bias.




There are lots of news sites, the most important thing is not the actual news site itself, the news site is a starting point, it gives you an idea of something you might like to research further, you have to check the facts of any news site against other sources.


If you are interested in learning more about avoiding confirmation bias here is a short video, you will see the people in the video keep getting the wrong answer because they are only trying to confirm pre existing ideas, its not until they try and disprove themselves they get to the right answer.
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Funny you present me that video,

I have seen it closer to when it was released.

In response I present this.

Cognitive Dissonance & Confirmation Bias

https://www.youtube.com/watch?v=NqONzcNbzh8
 
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Previous years we have relied on Alexa.com; however, camouflaged under the guise of a new-and-improved, more accurate algorithm, Alexa.com was caught ‘redhanded’ providing alternative news site deception. The company, owned by Amazon.com, instituted a new system that has precipitated plunges in the positions of FoxNews.com, the DrudgeReport, Breitbart.com, DailyCaller.com, Infowars.com, NewsMax.com, WND.com, RedFlagNews.com and many other “alternative” Internet news sites – or those which, like RedFlagNews.com, are, in one way or another, attempting to serve the role of government watchdog. We encourage you to read the detailed article below by our friend Joseph Farah at WND.com.

http://megynkelly.org/100-best-conservative-news-sites/


I was using Alexa.com as an example of where the websites were ranked. I came across this and thought I should point this out.
 
SirRumpole said:
Of course not, but that doesn't mean that the wacky theories are true, although they might be. It all comes down to evidence doesn't it ?
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I never said you have to listen to me, I merely point out there are other sources of information, and you are right you have to decide, after critically evaluating what you can find.

So far I have just been called names, I doubt anyone will spare the time to read an article or to in the quest for knowledge. Its ok I close with this.

https://www.youtube.com/watch?v=z2UHLMVr4vg

All I ask is you question mainstream medias narrative, if you can see it.
 
sr20de said:
.

Cognitive Dissonance & Confirmation Bias

https://www.youtube.com/watch?v=NqONzcNbzh8
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That's a good video, But you know when he talks about people taking disparate facts that confirm a position and linking them together, that's what the conspiracy theorists do, they ignore all the bits that don't go along with their theory and spout the things they think do.

Look at the people that claim the moon landing was faked, all their "Evidence" can be debunked, but they carry on claiming it is a hoax, same with the 911 truthers.
 
Value Collector said:
That's a good video, But you know when he talks about people taking disparate facts that confirm a position and linking them together, that's what the conspiracy theorists do, they ignore all the bits that don't go along with their theory and spout the things they think do.

Look at the people that claim the moon landing was faked, all their "Evidence" can be debunked, but they carry on claiming it is a hoax, same with the 911 truthers.
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This guy worked on the challenger program, I believe as humans we did go to the moon,

I am assuming you have come across this monetary policy, or is this but more conspiracy theories?

https://www.youtube.com/watch?v=8PIcJWDjmOw&list=PL23dknu-qdb50xGIFlto_I-5fuLRqoIWC&index=159

https://www.youtube.com/watch?v=jmiVwSFrDMY&list=PL23dknu-qdb50xGIFlto_I-5fuLRqoIWC&index=160

https://www.youtube.com/watch?v=Pjj99hnyvio&list=PL23dknu-qdb50xGIFlto_I-5fuLRqoIWC&index=161

9/11 truthers, I won't cite infowars.com news site, because I now how you do not consider it a news site, hence - you ignore all the bits that don't go along with your theory and spout the things you think does.

GOV’T RELEASES [REDACTED] 28 PAGES FROM 9/11 REPORT
Report specifically mentions concerns of Saudi involvement

the link provides the a
https://www.scribd.com/document/318...er-the-Terrorist-Attacks-of-September-11-2001

&

Dem : FBI strong-armed former senator on 9/11 pages
http://www.thehill.com/video/in-the-news/279214-dem-fbi-strong-armed-former-senator-on-9-11-pages

Probably not the best examples to choose, when it come to analysing facts.
 
sr20de said:
What do you call the main stream media then?
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Main Stream Media is the Fifth Estate; the Fourth Pillar of our great democracies - being free and fearless, its owners fund its journalists and investigators to bring truth to the light; to bring corruption to the fore; to speak truth to power; to unmask the political spin corporations and politicians and its henchmen concocts to delude the masses... and thus preserve our way of life and enrich us all with freedom and knowledge and only some ads here and there to make money.

That or it's just there to sell ads. And you cannot sell ads if you upset the corporation who buy most of the space and the airtime; you cannot ads if you upset politicians and billionaires who can direct those streams of gold to your competitors.

And this is assuming the editors and owners of these media are neutral and would be conflicted about truth or income to keep the company going to fight a better bigger fight.

Hence, our country is awesome; our culture the bestest; all our policies awesome; the poor are lazy and strange even when not beating up their wife and kids on welfare sucking the country dry; the rich and corporation works hard, should get more breaks and public servants lazy and fat...
 
luutzu said:
Main Stream Media is the Fifth Estate; the Fourth Pillar of our great democracies - being free and fearless, its owners fund its journalists and investigators to bring truth to the light; to bring corruption to the fore; to speak truth to power; to unmask the political spin corporations and politicians and its henchmen concocts to delude the masses... and thus preserve our way of life and enrich us all with freedom and knowledge and only some ads here and there to make money.

That or it's just there to sell ads. And you cannot sell ads if you upset the corporation who buy most of the space and the airtime; you cannot ads if you upset politicians and billionaires who can direct those streams of gold to your competitors.

And this is assuming the editors and owners of these media are neutral and would be conflicted about truth or income to keep the company going to fight a better bigger fight.

Hence, our country is awesome; our culture the bestest; all our policies awesome; the poor are lazy and strange even when not beating up their wife and kids on welfare sucking the country dry; the rich and corporation works hard, should get more breaks and public servants lazy and fat...
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My god you're a drag Lu, can we crowd fund a one way ticket to Mars for you?
 
sr20de said:
What do you call the main stream media then?
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Well Fox is a good mainstream example about how to make money by telling half the story and avoiding things that their followers don't want to hear e.g. Trumps wife story about how she got into the USA and that degree she claimed (but didn't do).If you want to find out you need to go to another site.

If you go to the site right now you can see everything Trump is saying with no reporting of Clinton. Yes, I would say that is an example that proves your point.

Free media shows all the news. Unfortunately people are becoming more partisan and just want to see their bias confirmed. That goes for the left wing publications also. Forutantely there are still enough people who want to know the truth.
 
CanOz said:
My god you're a drag Lu, can we crowd fund a one way ticket to Mars for you?
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Disneyland or lifetime subscription to Netflix would be fine too :D

I'm not depressed or anything, so can say these things and watch YouTube comedies right after :xyxthumbs

It actually bring me smiles and chuckles when reading business biographies... most recently one of Murdoch's retelling of Ruby's adventures and sell out in China. I mean, the guy didn't sellout per se, that's how he work so yea.

Got a few chuckles when Dover said Murdoch never told his editors to be nice to Beijing, has no editorial influence to serve his own interests at all.
 
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