Wooden spoon award

[johenmo]

....perhaps the worst stirrers are those who make strong value judgements on a legitimate market activity without a shred of intellectual integrity or reasoning.

To paraphrase the above, an opinion without fact is only an opinion. So why get upset? I don't. A few issues in life sorts out the trivial from the important - like burying your child. So having said that I suggest some of us in the world take a deep breath and relax.

But there are definitely some strong opinions (did I mention that word!! LOL) on here.

Cheers and have a great evening all........

 

[springhill]

Collaberate?

Oh for Christs sake.... collabOrate then

Or was it the use of the word that is the problem?

Collaborate - to work jointly with others or together especially in an intellectual endeavor

Redback certainly never posted anything on this forum to help anyone and there was never anything terribly intellectual about his posts

 

[wayneL]

To paraphrase the above, an opinion without fact is only an opinion. So why get upset? I don't. A few issues in life sorts out the trivial from the important - like burying your child. So having said that I suggest some of us in the world take a deep breath and relax.

But there are definitely some strong opinions (did I mention that word!! LOL) on here.

Cheers and have a great evening all........

Why do people think robust debate is getting upset? You yet to see what upset means.

Do you suggest we relax and refuse to participate in major social issues in order to "relax"? That's how "they" take over and change our lives.

This issue is important as it will be part of what shapes the world we live in from now on.

"Burying a child" is agonizing, my folks had to do so, my brother, yep it ****ed me up for ages. A friend of mine had to do the same just recently, but life goes on and I'm damned if I'm going to let the Paulsons of the world screw it for the those of us left, if I can help it.

 

[nioka]

Why do people think robust debate is getting upset? You yet to see what upset means.

Do you suggest we relax and refuse to participate in major social issues in order to "relax"? That's how "they" take over and change our lives.

This issue is important as it will be part of what shapes the world we live in from now on.

Good to hear you say that. I feel the very same way, especially towards hedge funds and traders that target legitimate companies with the main interest being to force down the SP so they can profit at the expense of genuine investors. At the same time they are happy to be part of the nonproductive society and live off the productivity of those they target.

 

[johenmo]

Why do people think robust debate is getting upset?

Life does go on. Robust debate isn't getting upset. But some of the exchanges can hardly be considered robust debate. I because of the debate and opinions that I like ASF. There will always be differing opinions for we know that not everything is black and white.

As for this issue, my original quote of you is one of agreement. As for stirring, everything needs stirring every now and then. Keep going wayneL.

 

[Julia]

W
Do you suggest we relax and refuse to participate in major social issues in order to "relax"? That's how "they" take over and change our lives.

Oh so true. If I may have one wish it is never to sink into apathy and inertia.

 

[chops_a_must]

But they think you are wrong. Stalemate.

Never.

They are matters of fact anyway.

Good to hear you say that. I feel the very same way, especially towards hedge funds and traders that target legitimate companies with the main interest being to force down the SP so they can profit at the expense of genuine investors. At the same time they are happy to be part of the nonproductive society and live off the productivity of those they target.

Communist.

 

[nioka]

Never.

They are matters of fact anyway.


Communist.

Never wrong? You will be the first one to never be wrong if you can manage it. I'm often wrong and will change if you can prove me wrong. So far you haven't gone there. Resorting to name calling means your argument sucks.

Communist ????????????????????????????? Do you mean "communist moron" or is this a reclassification? I must discuss this with my business friends. (Next time we are meeting under the bed.)

 

[chops_a_must]

Never wrong? You will be the first one to never be wrong if you can manage it. I'm often wrong and will change if you can prove me wrong. So far you haven't gone there. Resorting to name calling means your argument sucks.

It was in jest bud.

I remember writing a drunk message to UF for example some time ago about how wrong I was in some vigorous debate some time beforehand.

It's certainly not the only time I've admitted to being wrong. You certainly can't survive with women if you take that attitude, after all, they are always right. Isn't that correct Julia? Or are you going to say that's wrong. :

Communist ????????????????????????????? Do you mean "communist moron" or is this a reclassification? I must discuss this with my business friends. (Next time we are meeting under the bed.)

It was to do with this comment:

At the same time they are happy to be part of the nonproductive society and live off the productivity of those they target.

I don't disagree with what you say here, but in part it definitely makes you a socialist.

To me, the financial industry as a whole is generally a non-productive part of society.

But it isn't the problem in itself, it is just the symptom of the complete misallocation of wealth in the western world. It doesn't work for the most important aspects of society, it just works for maximum possible numerical wealth gain. And when it's like that (in a societal outlook in priority, i.e. individual over the whole), there needs to be intervention to re-direct that. Reducing capital gains on all but stocks and individual property would be my initial quick thought.

But personally, I like gaining the trading wealth over a lot of others, because I know that it is being distributed in a much better way than it otherwise would. I was buying a fair amount of art from struggling artists when trading a lot, and Prawn knows where I put a lot of my trading profits last year, which I deem to be a more productive and positive use than doing what most others would.

But coming back to it, profiting from the productive masses in society, whilst largely contributing nothing back, is really the basis of socialism.

 

[Whiskers]

I could be very very wrong.... but either Whiskers is the biggest stirrer or let's just say I'm very very wrong.

I've been pretending to understand EWave stuff, still don't.

lol the problem is Whiskers doesn't understand it either:



(before anyone gets upset it's a joke - Sorry Whiskers couldn't resist)

Hmmm... well lets just say I'm a passionate devils advocate.

Make it a 'silver' spoon and I'll take... to go with my engraved silver birth mug.

 

[nioka]

It was in jest bud.
To me, the financial industry as a whole is generally a non-productive part of society.

To suggest to someone, who joined the services as a volunteer and served a lot of their time as a youth during the Korean war, is a communist is probably the most insulting remark you have made so far. Jest?

If you think the financial industry is a non productive part of society you need to go to a business school and put arts on the back burner. As I said before, the three Ms, Men, Machinery, Money. They must be in sync for a business to succeed.

 

[chops_a_must]

To suggest to someone, who joined the services as a volunteer and served a lot of their time as a youth during the Korean war, is a communist is probably the most insulting remark you have made so far. Jest?

If you think the financial industry is a non productive part of society you need to go to a business school and put arts on the back burner. As I said before, the three Ms, Men, Machinery, Money. They must be in sync for a business to succeed.

Mmm... yeah you really shouldn't selectively quote my posts and manipulate what I have said. Or at least realise what I have responded to with what.

Your outward opinions certainly do share common themes with socialist undercurrents. Like it or not, that is the way it is.

And why would I need to go to business school? I run my own business. Have interests in another. And I have to study certain aspects of it in my studies anyway.

I never said the whole financial industry is non-productive. Tell me where I said that? But a lot of it seems to be purely about making money off the necessities of the market, rather than the essentials themselves. You and I both seem to be in agreeance there. I said "generally" non-productive. Certainly, what it has evolved into is a long way from what is essential, and a lot seems to be quite superfluous. It really would be interesting to see what the secondary financial industry is worth compared to the primary.

 

[Julia]

It
It's certainly not the only time I've admitted to being wrong. You certainly can't survive with women if you take that attitude, after all, they are always right. Isn't that correct Julia? Or are you going to say that's wrong. :

(a) Don't know why you're asking me.
(b) Since you have, no, it's only a fool who considers he/she is always right.
The willingness to apologise and say "I was wrong" is an indicator of maturity.

 

[It's Snake Pliskin]

Well, it's a more difficult word than astronaught ...:

LOL. I thought something looked weird when writing it. Thanks for the pick up.

 

[It's Snake Pliskin]

To suggest to someone, who joined the services as a volunteer and served a lot of their time as a youth during the Korean war, is a communist is probably the most insulting remark you have made so far. Jest?

If you think the financial industry is a non productive part of society you need to go to a business school and put arts on the back burner. As I said before, the three Ms, Men, Machinery, Money. They must be in sync for a business to succeed.

Nioka,

The way you invest, would you consider that OK for a fulltime business person to earn an income from? (Considering that could have the 3 M's.)

 

[nioka]

Nioka,

The way you invest, would you consider that OK for a fulltime business person to earn an income from? (Considering that could have the 3 M's.)

I have a feeling that you have given me a loaded question. However.

Yes.

A company needs capital ( money) to start and to grow. The first investors in a new company put up the money. To keep that money in the company when an individual needs their investment back he/she sells those shares to someone else who is prepared to put their money in the company.

If the company is profitable, the money can be distributed, some to the shareholders as dividend and some to be spent by the company to grow the company. The money kept within the company then adds value to the shares.

An investors market should be based on these fundamental values. The investor provides the Money part of the 3 Ms.

So yes it is reasonable for the money to be a working partner.