Hi E. Graphs,
Please forgive me for butting in here, being a newbie and all, but I would like to put my 2 cents worth in [never noticed before - - the key board doesn't have a cents key].
In one sense, you are right, no one cares who K or anyone really is, we all have the right to be anonymous, and I am, but everyone must care about the other person's agenda.
After only a few days of reading Silicon Investor posts, it is clear to me that some members are liars, some are plain crazy, some are stupid, some are mean, some are scam artists, and some, probably most, really really really know what they are talking about. What is most confusing is when there is an impassioned back and forth debate between two people who seem to really really really know what they are talking about, but, not only do they disagree, which would be normal, but their view of the facts are so far apart that it seems that at least one of them is either a liar or has a hidden agenda. And how am I supposed to know who?
I know, I know, do my own due diligence, but the truth is that part of my due diligence consists of reading posts to SI.
This place(?) is incredible. You guys are incredible. I have never seen anything like it in my life.
Well, that's not quite true. I have to admit that I am a lawyer, and we do make a practice of calling on other people we respect for advice with tough problems. I guess other professions do too, doctors come to mind. But not in such a forum as this, open to all, including nuts, kooks, and freaks. So caveat emptor is the way to go, and who better than an educated buyer to warn others?
For what it is worth, my opinion is that the argument is kind of strange if you accept the fact that it is not about a zero-sum game. Not to bore you with the obvious, but in a zero-sum game, there can be only one winner. But in the stock market, there are literally hundreds of winners, just some are bigger than others.
Of course, if your stock goes down to less than you paid for it, and stays there, it is a zero-sum game to you, I guess, but if you pick good companies and are patient, you could go long some in Intel, some in LSI, some in Micron, etc., and you would probably come out ahead overall in the long run, maybe quite handsomely. But if you short LSI, for example, and it goes up, you lose. Right? So, I am hypothesizing that if someone really badmouths a decent stock, he or she has taken a short position. Otherwise, why would he/she care?
By the way, I really like the drawing in your profile. Did you do it? If so, you are really good.
See you,
CobaltBlue |
