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To: Moominoid who wrote (65976)7/6/2005 1:28:45 AM
From: energyplay  Read Replies (1) | Respond to of 74559
 
People in the public eye often hide their ownership in various shell corporations, or use LLCs to segregate assets from lawsuits.



To: Moominoid who wrote (65976)7/6/2005 1:28:53 AM
From: energyplay  Respond to of 74559
 
People in the public eye often hide their ownership in various shell corporations, or use LLCs to segregate assets from lawsuits.



To: Moominoid who wrote (65976)7/6/2005 6:21:13 AM
From: shades  Read Replies (1) | Respond to of 74559
 
Yah he is a good salesman if nothing else - hehe.

My old chess teacher used to tell me shades, the most important way to play this game is don't PLAY TO WIN, only play NOT TO LOSE PIECES - hehe. It was a strategy that later helped me to beat many opponents - they would do that bobby fischer wild and crazy creative stuff to find all these patterns and setups - sometimes it worked. Most of the time it just got them into trouble because I didn't take the bait and then they had a weakend position when thier trap didn't spring. Much better to just stick to your fundamentals and stay safe and NOT LOSE PIECES - hehe. It was a loser's game - just sit back and let them make an unforced error. I hated those people that played like I did though, games took much longer and I didn't win as much when we both were playing strong defense. As I went up in rankings people played more and more this way - so it became harder to really move up after a certain level. I used to have these air force colonels come to the chess club and they would read all these books on strategy and setting up traps and being agressive and they just kept losing and losing. I let one win once (unrated of course) cause I knew it would make him happy to finally have a victory and he always seemed so emotionally beat down each time he would lose - well after that he never came back to the club - this guy was taking major time out of his life and career to come beat one person in a silly board game. I saw far too many smart people get way too emotionally involved in the outcomes of thier game playing.

I guess the same is true for stocks in many ways - you don't have to play to win - the most important thing is to play to NOT LOSE MONEY. Tight stops and removing emotion from your system seems to be effective for the good traders. Diversify your risk and make it as minimal as possible and long term you are gonna beat most and never let your emotions rob you of profit - or like Tayaki - become a good salesman - hehe -

I totally disagree with what he says about hawaii - when I was there, it was so fun just hanging out on the beach with the jimmy buffet parrothead types and eating a plate and watching Pele - I miss it a lot - but certainly a materialistc power hungry money grubber like he seems to have become would find little opportunity there - hehe There was some article just posted on one of the other threads about australians lack of happiness cause they don't have enough money - hehe.