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Strategies & Market Trends : ZenWarrior's Trading Paradise -- Ignore unavailable to you. Want to Upgrade?

To: TimbaBear who wrote (375)	4/4/2001 9:33:22 PM
From: p40warhawk	Respond to of 2462

TimbaBear What Marx would love is the vulnerability in the capitalist argument exposed by your examples. Additionally (not related to Marx), you said, "If the bank you have your CD with offers a rate significantly below an equally sound bank down the street, when redemption time comes, wouldn't you possibly change banks?" I probably would. I would also sell a stock if I thought there was a better investment elsewhere. I don't see a problem here. I don't marry a company just because I invest in it. As I said in the earlier post, my loyalty to that company ends when I sell my stock. I may be stretching here, but, in my mind, there is a difference in investing in a company, and in availing yourself of that company's services. The bank where my CD is invested (in your example. I don't have any CD's) I am more interested in the bank's service to me than I am in the future of that bank. I haven't invested in that bank in the same way I would if I have bought stock in it. Not real comfortable with this argument, but I DO believe there is a difference between a CD and a stock. You say, "....objectivity must be exercised throughout the selection, analysis, decision where to employ capital, evaluation of results, and all other decisions." Couldn't agree more. But you don't have to ditch "nobility" or "moral values" to do that. Really appreciate your sharing your thoughts on these matters. They ARE important, and they deserve our best scrutiny. Who we are is determined an awful lot by what we do. Or, more accurately, we do what we do because of who we are. I try not to lose sight of who I am. Not always successful. Best, p40warhawk