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Strategies & Market Trends : Take the Money and Run

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To: ChrisJP who wrote (6357)	6/27/2002 3:54:29 PM
From: Augustus Gloop	Read Replies (3) of 17639

<<Is it parasitic to borrow a house from someone and sell it (meaning you never owned it in the first place) versus buying one ?" My answer: Yes. :-))>> I see. So your problem is with profit not actually long or short. That would mean the person who takes a job with a company (that he or she never owned in the first place)is a parasite for taking wages from that company instead of buying it and making money. See....in both cases profit is made as a result of time and risk. The person taking on a job gives their time for earnings or profits (as we are all working for our own personal profit in one way shape or form) and runs the risk of not being paid enough or at all - just ask people who worked at enron! In the very same way the person who buys a home with the intention to sell it is also investing time and runs the risk that they may not command as much money for the property if any as the property may not sell. So when you break it down.......you're issue is with profits. Maybe you think it would be better if we all built things and traded beaver pelts for product.

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