truedelphi
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Thu Nov-27-08 01:20 PM
Response to Reply #46 |
| 64. Here's the difference in one short sentence: |
|
In a casino - they provide you with free drinks and cheap tasty food.
|
| -I Just Realized That I'm Smarter Than I Think I Am... Probably You Are, Too |
TygrBright |
Nov-26-08 02:19 AM |
#0 |
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Reading your thread just made me wish I could rec it several dozen times |
truedelphi |
Nov-26-08 02:36 AM |
#1 |
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Yeah, that was fun, and true. |
napoleon_in_rags |
Nov-26-08 02:43 AM |
#3 |
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I'm Willing to Bet They Can't Even Cook or Clean for Themselves |
Demeter |
Nov-26-08 03:58 AM |
#6 |
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haha, you are so right! |
Lucky Luciano |
Nov-26-08 11:05 AM |
#22 |
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One: I'm not a he. Two: Google "Steve Eisman" |
TygrBright |
Nov-26-08 11:27 AM |
#25 |
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Was Eisman an early warner, or part of the problem? My problem is that |
truedelphi |
Nov-26-08 12:13 PM |
#29 |
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Steve Eisman FrontPoint. |
TygrBright |
Nov-26-08 12:17 PM |
#31 |
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One thing that is very sad about all this is when you have |
truedelphi |
Nov-26-08 01:32 PM |
#45 |
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Of course someone shorted the top of the market |
Lucky Luciano |
Nov-26-08 12:28 PM |
#33 |
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How is playing the market different from gambling in a casino? |
BrklynLiberal |
Nov-26-08 02:25 PM |
#46 |
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Here's the difference in one short sentence: |
truedelphi |
Nov-27-08 01:20 PM |
#64 |
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You are playing for postive expected values |
Lucky Luciano |
Nov-27-08 09:41 PM |
#68 |
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Based on this and your previous post... |
progressive_realist |
Nov-26-08 06:05 PM |
#53 |
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Do you mean John Paulson or Hank Paulson?? n/t |
truedelphi |
Nov-27-08 01:15 PM |
#63 |
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Hank is not shorting the top of the market. John Paulson owns Paulson & Co. |
Lucky Luciano |
Nov-27-08 03:35 PM |
#65 |
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Eisman figures in this article by Michael Lewis, who apparently wrote a book called "Liar's Poker": |
KCabotDullesMarxIII |
Nov-26-08 12:20 PM |
#32 |
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Liar's poker is a great book and required reading for traders. nt |
Lucky Luciano |
Nov-26-08 12:29 PM |
#34 |
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I expect it helps you to keep your sanity, confirming that your intelligence and |
KCabotDullesMarxIII |
Nov-26-08 01:12 PM |
#42 |
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Or wipe thenselves. Just sayin |
rhett o rick |
Nov-26-08 11:03 PM |
#56 |
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Not me. |
GoesTo11 |
Nov-26-08 02:41 AM |
#2 |
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mmmm.... I love the smell of anti-intellectualism in the morning. |
BlooInBloo |
Nov-26-08 03:01 AM |
#4 |
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have i told you lately that you're a fucking genius? |
unblock |
Nov-26-08 05:18 AM |
#9 |
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Great post K&R |
RandomThoughts |
Nov-26-08 03:33 AM |
#5 |
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It's the Ethics, as Well as the Intelligence |
Demeter |
Nov-26-08 04:01 AM |
#7 |
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well golly gee. try explaining "money" in simple terms. terms you can understand. |
unblock |
Nov-26-08 05:16 AM |
#8 |
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Just....? under(-regulated)....? some.....? Move over Karl Rove. Your time is up. |
KCabotDullesMarxIII |
Nov-26-08 05:56 AM |
#10 |
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lol and look who's using rovian debate tactics! |
unblock |
Nov-26-08 06:20 AM |
#11 |
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Since when did Rove speak the truth? Tell me more. I'm fascinated. Be back a bit later. |
KCabotDullesMarxIII |
Nov-26-08 06:37 AM |
#12 |
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Rove should be so lucky. He twists truth. I don't even have to rebut |
KCabotDullesMarxIII |
Nov-26-08 10:53 AM |
#20 |
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i see you've gone back and edited your post #10 |
unblock |
Nov-26-08 11:18 AM |
#24 |
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I'll do my best. Thanks for the encouragement. All the more noble for being |
KCabotDullesMarxIII |
Nov-26-08 12:08 PM |
#27 |
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So, there's no Ponzi scheme? Well that's a novel insight. Iconoclastic even. |
KCabotDullesMarxIII |
Nov-26-08 12:13 PM |
#30 |
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ah, if only sarcasm were a hard currency. |
unblock |
Nov-26-08 12:51 PM |
#37 |
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"ah, if only sarcasm were a hard currency." You leave an ugly suspicion that |
KCabotDullesMarxIII |
Nov-26-08 01:09 PM |
#40 |
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The truth of the global economy |
bongbong |
Nov-26-08 08:49 AM |
#13 |
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yup and yup. (nt) |
w4rma |
Nov-26-08 09:23 AM |
#14 |
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The idea was |
onlyadream |
Nov-26-08 09:38 AM |
#16 |
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There's no free lunch. |
jfkraus |
Nov-26-08 09:25 AM |
#15 |
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Bottom line--For over 30 years.... |
michigander3 |
Nov-26-08 10:12 AM |
#17 |
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I have a relative that works for Citibank |
wilsonbooks |
Nov-26-08 10:35 AM |
#18 |
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Only the top dogs know the overall risks at the bank...so |
Lucky Luciano |
Nov-26-08 11:11 AM |
#23 |
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Michael Lewis roundly rebuts your assertion, claiming instead that they. |
KCabotDullesMarxIII |
Nov-26-08 12:31 PM |
#35 |
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I was referring to Citibank, but Lewis was referring to some tiny dipshit financial inst. |
Lucky Luciano |
Nov-26-08 12:49 PM |
#36 |
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Thank you. That was very interesting. I'm just re-reading Michael |
KCabotDullesMarxIII |
Nov-26-08 12:52 PM |
#38 |
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you. are. brilliant. |
Left Brain |
Nov-26-08 10:41 AM |
#19 |
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aw, thanks... feel free! n/t |
TygrBright |
Nov-26-08 11:01 AM |
#21 |
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A letter by a Paul Sousek, in today's UK Daily Mail, with the heading, "Don't send good money |
KCabotDullesMarxIII |
Nov-26-08 12:07 PM |
#26 |
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Somewhere, someone is buying a lottery ticket right now. |
Gregorian |
Nov-26-08 12:11 PM |
#28 |
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Close but no cigar... |
ElboRuum |
Nov-26-08 01:05 PM |
#39 |
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PhDs are likely to have very high IQs |
Lucky Luciano |
Nov-26-08 01:09 PM |
#41 |
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Unfortunately, Lucky, even then most cerebral guys can have such half-witted |
KCabotDullesMarxIII |
Nov-26-08 01:27 PM |
#44 |
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You are right |
BrklynLiberal |
Nov-26-08 02:46 PM |
#47 |
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Thanks for those gems, Brklyn Liberal. Loved the opening sentences |
KCabotDullesMarxIII |
Nov-26-08 04:08 PM |
#48 |
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I cannot hlep but think that their inability to "look into" what was going on, was based on the |
BrklynLiberal |
Nov-26-08 05:20 PM |
#49 |
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You and the rest of us, I dare say. |
KCabotDullesMarxIII |
Nov-27-08 10:30 AM |
#62 |
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Who says Greenspan is among the "most cerebral guys"? |
dbmk |
Nov-26-08 05:37 PM |
#50 |
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Well, he appears to have a Phd and to have enjoyed high office |
KCabotDullesMarxIII |
Nov-26-08 05:47 PM |
#51 |
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Frickin Greenspan lives in a bubble. He needs a good dose of reality or the clap. Just sayin. nm |
rhett o rick |
Nov-26-08 11:02 PM |
#55 |
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".... or the clap." Now that's a riotous imagination! |
KCabotDullesMarxIII |
Nov-27-08 08:22 AM |
#60 |
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I hear a lot of what you are saying... |
Lucky Luciano |
Nov-28-08 08:30 AM |
#70 |
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And PHD's aren't necessarily Smart |
12string |
Nov-27-08 02:44 AM |
#58 |
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Almost all PhDs pay their own way. |
Lucky Luciano |
Nov-28-08 08:17 AM |
#69 |
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You are right!!! You are a g'damn genius! Not just because you figured that all out, but also |
BrklynLiberal |
Nov-26-08 01:18 PM |
#43 |
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My BIL tried explaining it all to me. |
knitter4democracy |
Nov-26-08 05:53 PM |
#52 |
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Damn you, I don't want to be smarter. I drink especially to help numb this schtuff. |
rhett o rick |
Nov-26-08 11:01 PM |
#54 |
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I would like to add a caveat..... |
OwnedByFerrets |
Nov-27-08 12:17 AM |
#57 |
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Wonderful its all one big Nigerian 419 scheme........ |
Historic NY |
Nov-27-08 07:08 AM |
#59 |
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I've pretty much lost faith with |
eilen |
Nov-27-08 08:59 AM |
#61 |
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I've been thinking about the new 8 trillion number for days now and I'm coming to a conclusion |
Joanne98 |
Nov-27-08 03:36 PM |
#66 |
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50 Trillion is not the amount of money various banks owe from CDS exposure |
Lucky Luciano |
Nov-28-08 08:39 AM |
#71 |
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You're right--I AM smarter than I think you are. |
Jackpine Radical |
Nov-27-08 03:40 PM |
#67 |