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To: waverider who wrote (80918)	9/20/2000 12:25:45 PM
From: Bux	Read Replies (1) \| Respond to of 152472

Rick, I was surprised to hear you think MarginMike comes off as a "pompous ass quite often". I've known Mike here for what, two or three years and I can honestly say that is not my impression of him. He seems to be a genuinely sincere and generous person. If you are referring to his recent flame of the person who corrected his split number for the fourth time, so what? We all get tired of repeat posts, what's wrong with that. Personally, I try to let the peronal stuff go by the wayside so we can focus on things that really matter but your attack on Mike was uncalled for. Enough, Bux

To: waverider who wrote (80918)	9/20/2000 3:26:46 PM
From: Maurice Winn	Read Replies (4) \| Respond to of 152472

Rick, sometimes people don't get what they sow, they get what other people throw for no good reason. I heard there used to be slaves who didn't sow anything apart from cotton seeds and were whipped if they didn't sow. Blaming slaves for the cotton and for being slaves is not strictly correct. I think you are wrong about MarginMike and wrong about Ramsey Su and wrong about the Elitist High IQ Stream [and so was Keith Feral]. MarginMike is an intuitive investor who can't spell and can't count; he's in good company. There are many ways of looking at the world and the number of ways is exactly as many ways as there are eyes on earth. That's about 10 billion just in the human division. 5 billion of those eyes have largely the same point of view and thinking as the other 5 billion, but there the similarity ends! Behind each eye is a muddled mind, trying to figure out what the hell is going on by using extremely limited, often wrong and ambiguous information. A bit like the apocryphal elephant being touched by several blind people to see what it is really like, but each only able to touch a small piece. By communicating, we can get a better understanding of what we are dealing with. Yes, it's good to count properly, but I got confused with the Q! splits too - I think I've got 130 Q! shares and Ramsey has 160. Somebody did the mathematics for me but my rotten memory can't recall just how many it was. Yes, there is some boasting [from most of us] about 'Hey, I got it right'. But there is an element of surprise in such boasts [I know I feel pleasantly surprised when I think I got it right because of great figuring out]. Some people also like to boast about their fortune and that's okay - it's just like the Olympic winners jumping up and down, shaking fists and shouting at the crowd and standing on the Olympic winner's dais and being draped in a gold medal [but without the same level of adulation]. Okay, my 140 Q! shares aren't going to impress everybody here, but it's impressive in NZ which now has a world-record low dollar versus the US$. US40c gets you $1. Three or four years ago it was about US70c gets you $1. Take it easy on your friends Rick. They're only people. MarginMike might not be able to do a linear regression analysis of balance sheet data over the past 10 years for Q! but maybe he is good at understanding people and all he knows is that Irwin is a great person. There isn't really a lot more he needs to know! Somebody here the other day called Irwin a knucklehead when his ThinkPad puter was stolen. There was some other person, Frank somebody [or nobody] who abused Irwin for using the word slump then threatened to attack people who objected. Do you think that the one who understands that Irwin is a great person will do better than the ones who figure he's a jerk and threaten to attack people? Yes, MarginMike is boastful about his financial success and that's not my style [maybe because I can't impress enough people with my Tonka-Truck], but that's his choice. It's good to succeed and I don't see why he shouldn't be happy and want people to know, just like the Olympic athletes. It doesn't attack somebody else, take their property, insult them or otherwise hurt them. They might even think to emulate the success. But pride comes before a fall. Success is a very seductive mind tricker - it's easy to start to think that because we think something, we are therefore correct simply by virtue of our great thinking power, which has been demonstrated by previously being right, so there isn't even a need to use it any more! Black Scholes and Long Term Capital Management thought they were pretty damn smart until the Globalstar Zenit bit the dust and took them with it in the Great Financial Panic of 1998. Their fancy models didn't include superposition of financial wave functions and a butterfly crashing instead of taking off in a Russian forest. They whined that it was a 100 year financial storm. I'd have thought long term capital management should cope with a 100 year storm. Mqurice PS: There is a story that Kerry Packer, Australia's richest person who loves gambling at casinos, was listening to somebody nearby boasting that they were worth $250 million to his companions. Kerry turned to him and asked "Are you REALLY worth $25Om?" The guy confirmed how good he was. Kerry said "Okay, I'll toss you for it". [which means flip a coin - I doubt the offer was taken up].