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 : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Razorbak who wrote (1558)3/14/2001 12:32:16 AM
From: chowder  Read Replies (1) | Respond to of 23153
 
Hi Razor! >> Back to #3 on the Hot Subjects List <<

Yup, Ed let the secret out. People want to know more about Californee-i-a.

Gottfried, I spent a week at the Hotel Del Coronado. It was one of my best vacations ever, I even drove out into the desert from Dan Diego.

I recall sitting on the patio at the hotel, drinking a cold beverage, and watching all these military people march up and down the beach. Being a former Marine, I recalled there was a Marine base nearby, as well as a large Navy base, and I mentioned to friends that those guys had to be Marines, and not Navy personnel.

My friends asked me how I could tell because you couldn't identify them by their uniforms. I told them the military personnel had to be Marines because they were all marching in step. I later learned they were Navy Seals. Ha! I never knew the Navy could muster a group of guys that could march in step with each other. (Sorry Que, no offense meant here.) lol

Next party is at Ed's house!

dabum



To: Razorbak who wrote (1558)3/14/2001 1:30:56 AM
From: kodiak_bull  Respond to of 23153
 
Razor OT

"- Back to #3 on the Hot Subjects List"

This, too, shall pass. We've settled pretty much into a pace and, since the Hot Subjects idea is based on weekly percentage growth, we will soon disappear into a minor galaxy on the edge of the universe.

I am very gratified by the quality and perceptions posted here, as well as the good fellowship and humor. It always surprised me on another thread how some people took it upon themselves to prophesy the future, and to make it so personal. I'm reminded of that wonderful moment in Superman II when Terence Stamp subdues some human (was it the prez?) and his vamp says, "Kneel before Zod." If I gamble the right way on FGH (so far, so good), should I now dance in the end zone and taunt the rest of the thread? Quel fou.

Like any investors, we're always willing to talk about the great trades we made, the times when we got it just right. I personally find it difficult to go back through all the mistakes I made and continue to make. I prefer to learn from them, cut them loose, and move on. But this investment business is different from the practice of law. In law, you have to be right 100% of the time, or your client pays big time with a faulty contract, a lousy defense or life in prison without parole. In this business, if you're right 55% of the time, and wrong 45% of the time, as long as you control the depth of your "wrongness" (to wit, trailing stops, mental stops, etc.) you can make a decent living. Just rambling here.

Does anyone else find it astounding that the Democrats who have been happy for 60 years to tax and spend and run deficits for all sorts of things (the Vietnam War comes to mind) have suddenly wrapped themselves in the flag over this proposed tax cut and are out to protect us from our potentially profligate ways--that is, what we might do if we kept a leeeetle beeet more of our incomes? I personally don't care if we continue to run a small deficit for a little longer, sell a few hundred billion more T-bills to Belgian dentists, although I'm convinced that this mid to back end loaded tax cut won't make a difference in either (a) our current economic situation or (b) the amount of the surplus/deficit. A bigger tax cut would result in, yes, more tax revenues and a bigger surplus sooner.