The Five Commandments of Aussie Stock Forums

[SirRumpole]

The big silent issue here is climate change. It is starting to effect business enormously and though few here, including our Captain do not want it discussed how can we stop it creeping in more and more.

There is a lot of good stuff on alternatives and perhaps if there was more acceptance of the reality we could turn it into the sites favour.

I agree with you plod, but it's getting a bit off topic for this thread. There are other threads for it, or you could start one about the investment implications of climate change.

Good to see you back btw.

 

[explod]

I agree with you plod, but it's getting a bit off topic for this thread. There are other threads for it, or you could start one about the investment implications of climate change.

Good to see you back btw.

I was thinking of this statement of Joe from yesterday when I wrote the above.:-

"The discussion in political and religious threads (and threads on global warming) reminds me of banging one's head against a brick wall. Unpleasant and something I can do without."

Unfortunately, maybe not here but I feel compelled that we must do something about it.

 

[Smurf1976]

I was thinking of this statement of Joe from yesterday when I wrote the above

A lot of these issues have common themes but those focused on any one issue tend to not see that.

Denial of science, obviously fake news from leaders, political conflict over trade, punishing those with dissenting views or who blow the whisle on wrongdoing and so on.

They all point to a world that’s becoming a much darker place in which to live but ultimately we’re not going to change that on ASF so may as well focus on something we can improve.

 

[jbocker]

I agree with you plod, but it's getting a bit off topic for this thread. There are other threads for it, or you could start one about the investment implications of climate change.
...

I guess the 'point of the argument' is the what makes it a suitable or not suitable ASF subject. As you have said investment implications of climate change is a valid and worthwhile discussion. Having a to/fro argument about what we should(n't) be doing and melting this rising lowering that blah blah is far less relevant, becomes argumentative, divisive... maybe not a ASF topic.
But how do you keep them separate. As soon as a slant is applied someone will argue against and it is off...topic.

 

[Zaxon]

melting this rising lowering that blah blah is far less relevant, becomes argumentative, divisive... maybe not a ASF topic.
But how do you keep them separate.

Personally, I think a climate change topic on ASF should be: these are the stocks I own that are being affected by climate change, and the action they're taking. I'm going to change how I allocate my capital, to take into account the change. So show from an investing point of view, why climate change matters to you.

By contrast, if it is a philosophical discussion about climate change, that could take place on Facebook, or any generic forum.

 

[basilio]

Personally, I think a climate change topic on ASF should be: these are the stocks I own that are being affected by climate change, and the action they're taking. I'm going to change how I allocate my capital, to take into account the change. So show from an investing point of view, why climate change matters to you.

By contrast, if it is a philosophical discussion about climate change, that could take place on Facebook, or any generic forum.

I suggest the issue around CC and its impact on the world is far bigger than just looking at individual stocks. In fact if we just reference some world leaders in money markets we would recognise that the effects of business as usual operations will destroy our current systems within the life time of most people on this forum - let alone their children and grandchildren.

From an investment point of view there are big questions around

1) How do we deal with practices and industries that continue to pour Greenhouse gases into the atmosphere and deepen the crisis ?

2) How long can our Insurance industry survive ever increasing disasters around floods, fire and extreme weather conditions ?

3) At what point do rising sea levels have an undeniable impact on the viability of coastal developments let along whole countries ?

4) At what point do rising temperatures make large areas of land including whole countries virtually uninhabitable ?
At this stage these aren't certainties. But they are significant risks and business and investors need to deal with risk management.
So I agree with the premise that the effects of CC needs its own forum - but not one where the first impulse is to just rubbish the reality of what is happening.

https://www.theguardian.com/environ...nks-they-cannot-ignore-climate-change-dangers
https://www.bloomberg.com/news/arti...hinking-greener-as-climate-change-hits-policy
http://fortune.com/2019/04/26/climate-change-central-banks/

 

[SirRumpole]

Good points bas.

Number 2 is a biggie in my opinion, insurance rates have skyrocketed and are well on the way to becoming unaffordable.

It could be that the whole insurance industry is in peril, it should be a major red flag for investors.

 

[Dark Knight 2.0]

At least once a day, sometimes more there's a post in the General Chat that is great comedy. Laughter is the best medicine boys and girls.

 

[sptrawler]

And here we go sliding off topic once again.lol

 

[Smurf1976]

On the climate issue my understanding is very much that it is a real issue but as a subject for debate it has a lot of difficulties.

First is that it takes on a very religious like nature and is framed around “belief” in the issue rather than any actual science. Almost always the question arises “do you believe in climate change?”.

People tend to have very strong views and critically, both sides argue that failing to adhere to their view will be met with drastic consequences.

Those attributes all have a lot in common with religion.

Israel Falou tells us that gays, drunks and indeed most of us are destined for some place called Hell. That’s standard religious stuff that’s been around forever.

Climate change advocates tell us that the coal industry is sending us all to hell and those on the other side warn of an economic hell.

If Hell was listed on the ASX then I’d be invested for sure. It’s a can’t lose business when there’s no competitor and it seems pretty much everyone’s going to be a customer.

Personally I’m an atheist and take a purely scientific approach to things like climate change with no “belief” involved. Hell is, in my view, a purely fictional place considerably less real than Mickey Mouse (since Disneyland most certainly does exist and Walt Disney was most certainly a real person) but there’s the trouble in all of this.

You might be able to get a classical music fan to accept heavy metal or electronic dance music as legitimate albeit not to their personal liking but there’s no chance of doing that when it comes to religion.

Real military wars get fought over this stuff so not a lot of chance we’re going to resolve it here.

May as well focus on making money out of it all then. It’s a stock market forum after all.

As for how to make that money, well it seems that there’s no Hell listed on the ASX so may have to look a bit deeper.

 

[SirRumpole]

May as well focus on making money out of it all then. It’s a stock market forum after all.

Then I suggest investing in companies providing home insulation services, air conditioning and sunshades.

CSR perhaps ?

 

[Smurf1976]

Is this the latest advertising Joe?

Spotted today on a pole in SA:

 

[Joe Blow]

Is this the latest advertising Joe?

Spotted today on a pole in SA:

Yeah, I've been doing a bit of guerilla marketing recently. I should have added the URL though.

 

[Logique]

The OP by Joe in 2004 is still relevant, I'm not sure I could improve on it.
Pretty sure I've breached Commandant 5 more than once :

..1. Thou shalt treat other ASF members with respect.
2. Thou shalt not ramp.
3. Thou shalt not ask for, nor offer, specific financial advice.
4. Thou shalt not spam your product, service or website.
5. Think before thou posteth! ..Joe Blow

 

[Joe Blow]

The OP by Joe in 2004 is still relevant, I'm not sure I could improve on it.
Pretty sure I've breached Commandant 5 more than once :

..1. Thou shalt treat other ASF members with respect.
2. Thou shalt not ramp.
3. Thou shalt not ask for, nor offer, specific financial advice.
4. Thou shalt not spam your product, service or website.
5. Think before thou posteth! ..Joe Blow

I think most people have violated the fifth commandment at least once, myself included. But there is a reason the first commandment is first. It is the most important and determines the overall mood and atmosphere of ASF. There is no excuse for violating it, yet it is violated on an almost daily basis, usually in political threads.

Always treat others with respect, irrespective of whether you like or agree with them or their views. Respect and courtesy is the lynchpin of any successful online community.

 

[Trav.]

But there is a reason the first commandment is first. It is the most important and determines the overall mood and atmosphere of ASF. There is no excuse for violating it, yet it is violated on an almost daily basis

I dont normally buy into this type of issue but I believe that the site has let down @Ann as she was targeted by a few memebers and now she has not posted for a few months.

Regardless whether you agreed with the person or post or style I feel that all should be welcomed and that is why we have the ignore feature.

 

[Joe Blow]

I dont normally buy into this type of issue but I believe that the site has let down @Ann as she was targeted by a few memebers and now she has not posted for a few months.

Regardless whether you agreed with the person or post or style I feel that all should be welcomed and that is why we have the ignore feature.

Fair point Trav. It can sometimes be a fine line between criticism of someone's methodology or approach and bullying. I think the difference is in the way people conduct themselves. Nobody should be targeted and made to feel unwelcome under any circumstances. As you say, the ignore feature is there for a reason. People should use it rather than let others get under their skin.

 

[tech/a]

Fair point Trav. It can sometimes be a fine line between criticism of someone's methodology or approach and bullying. I think the difference is in the way people conduct themselves. Nobody should be targeted and made to feel unwelcome under any circumstances. As you say, the ignore feature is there for a reason. People should use it rather than let others get under their skin.

Ill put my hand up on this one.

Anne refused to simply show what she espoused.
Tech analysis gets a bum wrap all the time and
That's one reason why it does. People with lots
of theory and no practical application.

Lots of babble about Money Flow Oscillators and
Moving Averages which are simply reflections on past
price action. You or I can come up with a myriad of
oscillators which simply reflect whats happened
What we all want to know is what is likely to happen
going forward and if it doesn't then what!

Take someone like Pete or Boggo.
Both are very clear in application.
Its not hard!