Mindmeld, there was a great double standard on SI during the tech bubble days. Contrarians who made reasoned, substantive arguments, such as Bambs did in the aforementioned example, were generally met with ridicule, rudeness and non substantive responses by the perma bulls. Then, when contrarians were finally goaded in to responding with rudeness in kind, the threads gleefully agreed to put these people on ignore, or labeled them as paid bashers or thread morons.
Thank god the days of perma bull hype on SI are slowly drawing to a close. Remnants of this kind of behavior still continue at the Qualcom threads---the last of the formerly prevalent SI "hear no evil, speak no evil, see no evil" investment threads. The funny thing is that the market doesn’t give a damn what people on SI think, (although I suspect during the bubble days, conversation on SI threads may have actually, briefly influenced short term stock prices from time to time.) If well-protected bullishness on SI threads actually influenced stock prices today, QCOM would be selling at $300, not $36. So rather than dismiss those with viewpoints different than ours as fools, idiots or fudsters, we may as well exchange substantive ideas and see if we can learn something from each other---as you have been doing as of late. Chasing away those with opposing viewpoints with derogatory lables isn’t going to change our investment results one way or another.
Best, Huey |
