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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (28505)	1/27/2008 1:53:04 PM
From: oldirtybastard	Read Replies (1) \| Respond to of 217671

When you are betting the market you're a counterparty, that is a useful function and a "true value" as well. Things can't be weighed in emotions, ethics, or ideals - those are all derivatives created in people's minds and based on subjective thinking. As the saying goes, the business of business is business

To: Cogito Ergo Sum who wrote (28505)	1/27/2008 4:53:05 PM
From: Maurice Winn	Read Replies (2) \| Respond to of 217671

BS, that's not so. Speculators are also contributing. Their mission in life is to predict the future and smooth the financial bumps which reduces financial entropy in financial relativity theory. < ultimately your fertilizer profits as are mine are coming out of someone else's pocket.. That's the market. Anyone that doesn't understand this is deluding themselves IMVHO. It's certainly not like you are going out, building a business and adding true value to the system.. > The financial system is not a zero sum game. That zero sum idea is atavistic thinking of hunter gatherers for whom loss of territory is a gain to the other tribe and if somebody else gets the banana then that's a banana that they don't get. Humans have largely moved beyond that chimpanzee way of life though many people remain more like chimps than humans. In my opinion, TJ is one of the heroes of the financial world [and therefore the world]. He has moved beyond stealing his neighbour's carrots, beyond growing his own crops, beyond arranging factories to make things and beyond investing for dividends. He has entered the daring realm of financial system market smoothing which is not for the faint-hearted. He is up against the most talented people with powerful computers, PhDs in mathematics, $billions and operating in teams. He is Bobby Fischer vs the USSR Chess Federation and the USA. [Though he will only know he is as good as Bobby Fischer AFTER the event, just as Uncle Al KBE explains how we only know we are in a bubble AFTER it has burst]. By speculating, TJ is smoothing the financial system and correctly allocating capital so that profits overall are increased meaning his returns will be probabilistically improved as the companies he is backing will do better and the currencies and companies he is shorting [even indirectly by voting capital to go eleswhere] will not attract investment. He also gets the capital transferred from failed speculators. Those who are not good speculators will lose their money and have to get something to do more matched to their talents leaving the hard work for the lucky or talented monkeys [luck and talent are the same thing because it is only the result which matters, not the process]. Hooray for that courageous financial relativity theory hero TJ. Mqurice

To: Cogito Ergo Sum who wrote (28505)	1/27/2008 10:34:55 PM
From: TobagoJack	Read Replies (1) \| Respond to of 217671

MacRolla Coasta looted via shit and pigs out of nobility, and believes he is doing socially relevant stuff :0) i am at least cognizant of the nature of the sport for what it actually is ... unreal last man standing death match tournament ;0)