SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: haqihana who wrote (16904)4/12/2000 9:47:00 PM
From: Dayuhan  Read Replies (1) | Respond to of 769667
 
Movie icons, professional sports figures, rock stars, software geeks, etc. who happened to be in the right place at the right time and raked in the dough with a minimum of effort on their part

I'd agree on some of those, but I balk at the software geeks. Have you ever tried to write software? Have you tried to write better software than the million other software geeks that are out there trying to do it? It is an intensely competitive business, and I don't think anyone gets to the top of it without plenty of hard work and a good bit of smarts.

How about the investors? I have a neighbor who, six years ago, was persuaded by a friend to put his life's savings into a small tech company. Dumb move, except that the company was QCOM. How much hard work went into that one?



To: haqihana who wrote (16904)4/12/2000 10:03:00 PM
From: PartyTime  Read Replies (2) | Respond to of 769667
 
I agree with much of what you wrote. I did not mean to bog the debate into an issue of rich vs. poor. I've proven by my own experiences each can get along quite nicely with the other. They simply have to know that they can. But it remains my belief George W. Bush, Jr. doesn't have a clue when it comes to this. Al Gore does a little bit. Not much. But enough to give him an edge, in my book, in a two-person race.

Perhaps I'll revisit this thread from time to time. But please understand doing so is time consuming, and I really do have to stay on top of my investments. I gotta. Right now they're keeping me from the need to play my guitar again in Harvard Square.

Hope you all come through these bad market days in good shape.

Best to all!
PartyTime



To: haqihana who wrote (16904)4/13/2000 2:15:00 AM
From: bumn4qrtrs  Read Replies (1) | Respond to of 769667
 
well said..great post...main thing is alan greenspan can relax now...the so called "wealth effect" has quickly vanished...can't have too many hardworking americans thinking of retiring within the next few decades...mcdonalds needs you to flip burgers till your 80..