Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Autumn Henry who wrote (33969)	11/26/1999 6:43:00 PM
From: stan s.	Read Replies (1) of 108040

>>> Then what is the satisfaction of that--just the money? <<< ...Autumn, I think it depends on how you live your life and what you do with "just the money." For some on these threads, this is a living, for some a way to supplement an income and help fulfill unrealized dreams. For others it's the thrill of competition, a giant electronic board game where wits, courage and quickness are matched up on a daily basis. Should a car salesman angst over the fact that every time he makes a sale...another salesman loses out? Should an accomplished artist not endeavor to do his best and thrill over public acclimation of his good work for fear a starving artist is not receiving due recognition? The hope is (as in any occupation) that those who succeed, willingly and graciously share with others, be it family members, friends or unknown unfortunates. My guess is that generosity is rampant amongst those that prevail in these pursuits of excellence. Partly because of the ephemeral nature of these "good times" and circumstance that allow these gains to be made. People who do well at this realize how fortunate they are to be able to do this. In my three years on SI I've had occasion to share stories with many investors here via pm's and with very few exceptions they have shown themselves to be some of the most generous people I know.... invariably, they seem to be going out of their way to help others. As far as the gloating and derision that seems to be aimed at the shorts. Think about the psychology involved, think about the phrasing the better known shorts on SI have used about their "targets".Of course a little "payback" mentality enters into it...brought on by a combination of the arrogant rhetoric of the professional shorts and by their announced intentions and their goals. Shorting is rarely done with altruistic intent. Don't be fooled but the guileless protestations of professional shorts...they are empty words. It's a competitive society and that spills over into these environs, people win and lose. Hopefully we learn with every win and loss. Frankly I would love to have gotten into ADSP at 10 and sold at 50...and no I don't care whether they have the fundamentals to sustain that. There are investments and there are trades and I don't let the psychology of one influence the other. If you want to survive at this you have to be able to anticipate and then act on...the fear and greed of others, else you won't survive. Take care and thanks for a thought provoking post...just don't do it again. lol...just kidding. Stan

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