FTJoe:
I guess we'll have to disagree.
Your thesis is basically that anything said by you should have more weight because you are not vested. That is ridiculous.
My thesis is that because I'm not vested it's easier to be more objective, particularly in this issue.
You obviously have an opinion and a bias in the subject, to state that not being vested makes you more objective is simply silly.
You may think it's silly. I think your assertion is what's silly. It contradicts human nature and a history of 30,000+ posts from both sides.
FTJoe, we're not talking about an investment in IBM. We're talking about RMIL, an emotionally charged BB stock with promises of returns over 1000%. Added to the fear and greed from potential loses and gains of the investor, and in many cases friends and relatives of the investor, is the history of posts on this board in which the investor has put his/her ego on the line.
As I said earlier, to be objective in spite of one's biases takes great mental discipline. When your biases have been amplified by the emotions of fear, greed, and pride it becomes even more difficult. I submit there are some yeahs and some nays on the board that have been able to do that. The vast majority, IMO, have not.
The first step in recognizing what is right and what is wrong, what is fact or fiction, is to acknowledge one's biases and work with them.
I don't disagree with that at all. I'll add that I feel that is what I've done which enables me to be objective.
Cheers,
KMT |
