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“By donatella on October 4, 2010 2:55 PM
The herd can trample you, Lech.”
I remember hearing hundreds of reasons why I was wrong when I said throughout 1999 and into early 2000 that tech stocks were going to crash. Some people got pretty emotional about it.
And my comments about the NYC real estate market in 2007 / 2008 (particularly new construction condos in fringe areas) on this site are a matter of public record. For what it’s worth, I was making similar comments about the national real estate market starting in about 2006.
And the herd can’t trample me. It can only trample the money I choose to bet.
L, and since a lot of smart people are telling you not to short gold (I’m keeping my position since I have a lot of profit in it and so time to get out) you could maybe view that as a contrarian indicator.
Just be prepared to get your balls busted every day re the price of gold. lol.
These discussions regarding evolution on the OT are about as trite as those regarding global warming. Many folks would like to boil it down to a sample question of “Do you believe in global warming”? In doing so, they don’t seem to realize that they are reducing the topic down to a religion.
It is the mark of a good scientist to be skeptical, to probe the shortcomings of a theory. Newtonian physics was perfectly fine as long as one was examining basic matter on the earth’s surface. “F=ma” could explain alot of things, as well as a model of a constant gravitational oull. It totally fails when one examines space and sub-atomic realms.
It is almost downright silly to create some type of conflict between science and religion.
if anyone wants to see me rant for real, just come and try to convince me genuinely how averaging down is such a great idea. I would like someone strong to hold me back though as I would have huge urge to slap that person saying that to me.
Lech, it depends on how you are going to MAKE the bet. (haha minor detail)”
Yes, obviously. I haven’t decided that yet. Not going to do it today in any event, not enough time to make a good decision about how to do it. Unlikely that I’ll be interested in something that protects my downside if it also limits my upside. I can deal with margin calls. This is pure speculation; you don’t speculate with money you can’t lose.
“By donatella on October 4, 2010 2:55 PM
The herd can trample you, Lech.”
I remember hearing hundreds of reasons why I was wrong when I said throughout 1999 and into early 2000 that tech stocks were going to crash. Some people got pretty emotional about it.
And my comments about the NYC real estate market in 2007 / 2008 (particularly new construction condos in fringe areas) on this site are a matter of public record. For what it’s worth, I was making similar comments about the national real estate market starting in about 2006.
And the herd can’t trample me. It can only trample the money I choose to bet.
L, and since a lot of smart people are telling you not to short gold (I’m keeping my position since I have a lot of profit in it and so time to get out) you could maybe view that as a contrarian indicator.
Just be prepared to get your balls busted every day re the price of gold. lol.
These discussions regarding evolution on the OT are about as trite as those regarding global warming. Many folks would like to boil it down to a sample question of “Do you believe in global warming”? In doing so, they don’t seem to realize that they are reducing the topic down to a religion.
It is the mark of a good scientist to be skeptical, to probe the shortcomings of a theory. Newtonian physics was perfectly fine as long as one was examining basic matter on the earth’s surface. “F=ma” could explain alot of things, as well as a model of a constant gravitational oull. It totally fails when one examines space and sub-atomic realms.
It is almost downright silly to create some type of conflict between science and religion.
Off to another meeting in Silicon Valley.
if anyone wants to see me rant for real, just come and try to convince me genuinely how averaging down is such a great idea. I would like someone strong to hold me back though as I would have huge urge to slap that person saying that to me.
Speaking of finance tips, the new Wall Street sequel is quithe entertaining.
Lech, next time I’m going to AC, I’ll extend invite to you.
A Jewish friend of mine has a saying: “Averaging down has taken out more Jews than Hitler.”
“By donatella on October 4, 2010 2:45 PM
Lech, it depends on how you are going to MAKE the bet. (haha minor detail)”
Yes, obviously. I haven’t decided that yet. Not going to do it today in any event, not enough time to make a good decision about how to do it. Unlikely that I’ll be interested in something that protects my downside if it also limits my upside. I can deal with margin calls. This is pure speculation; you don’t speculate with money you can’t lose.
The herd can trample you, Lech.