Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (12970)	1/9/2002 10:05:18 AM
From: Stock Farmer	Read Replies (1) \| Respond to of 74559

On moving and storing money. I started up a company in the business of "moving and storing money". At least it started out that way. Or more accurately, the moving and storing of promises, and then translating promises into money somewhere else, pocketing a smidgen along the way. So I know first hand that as you say, "moving and storing money is a lot of fun", plus poorly understood and (more important) obscenely profitable. You wouldn't begin to guess how many smidgens can be carved out along the way; or who will pay how much for the rights to stand in an established smidgenful value chain; or the degree of jungle ferocity with which the existing smidgen-seekers jostle for their itsy-bitsy piece of the action. Where "itsy bitsy" relative to the term "trillions" turns out to be not so small after all. If done right. Easy to do wrong though. And, as it turns out, best left to the banksters - who will take it over anyway in the end. Resistance is futile. It's the golden rule: he who has the gold makes the rules! Perhaps some day if you're right, we'll speak of the Q'en rule. Which this thread can call Maurice's Law and we could add it to Jay's list of laws. Any ideas what that would be? On disintermediation? Well, not really. Perhaps there is an initial disintermediation of players. But things exist for a purpose, and thus it is not too soon thereafter that we see reintermediation. It's the same play. The script doesn't change. The actors do. The clever actors leave the stage gracefully and return in a change of costume. John