This is an interesting explanation of things that should have been made way more clear back in college economics class, the second semester. Sort of obvious when explained this way. THANKS!!
This problem clearly demonstrates at least one of the flaws of not following the practice of compensation in proportion to the value delivered. While indee quite brutal that practice is certainly fair.
The solution for the greed challenge is NOT to eliminate greed but rather to regulate it quite severely so that it is not able to do any serious damage. simply demanding that petroleum futures could only be purchased with cash, not borrowed credit, would have eliminated a lot of problems. Tighter regulation is the solution, not letting greed run rampant and out of control. Certainly there would be less profit for some, but far better that than disaster for many. ( I am well aware that such sound rather altruistic. Oh Well!)
The introduction lists the fears that are causing the actions that are causing the pull-back. The basis and motivation for fear is not being able to deal with the situation at hand. And the reason for being unable to deal with the situation is having made too many choices based on greed instead of wisdom and insight. Think carefully and you will see that I am correct.
The article was a lot shorter than I had expected, more like an obituary, actually. Except that there don't appear to be any survivors that would have been listed. But once again this shows that there is no business so great that a string of bad choices can't kill it.
The thoughts presented are quite disturbing as an unfortunate amount of my wealth is invested in other than gold. But the foolhardiness of the government keeping interests low so that fools may invest in projects that fail using cheap money is a big part of the problem. Fools always find that it is easy to be generous with other people's money, as well as less uncomfortable taking risks with cheap money.
It partly reduces to not understanding the secondary and tertiary results of one's actions, or possibly simply not caring. Greed is a very powerful motivator, and likely the biggest cause of many problems. AND, in other situations, the extreme growth rate is known as CANCER, always fatal if not cured.
This points once again at the unfortunate part that fears and emotions play in what ought to be a skill and data driven operation. Fear, especially, is a dangerous thing.
A text article able to be read in an analytic manner instead of a verbal presentation would have been FAR SUPERIOR as far as providing information. Text has a far more penetrating impact because it is read, not just heard. So please present things that are worthwhile as text, and save the verbal presentations for the drama realm.
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The Neglected Tool
This is an interesting explanation of things that should have been made way more clear back in college economics class, the second semester. Sort of obvious when explained this way. THANKS!!
Amazon Struggles To Get Things Right
This problem clearly demonstrates at least one of the flaws of not following the practice of compensation in proportion to the value delivered. While indee quite brutal that practice is certainly fair.
Markets Review: A Warning
The solution for the greed challenge is NOT to eliminate greed but rather to regulate it quite severely so that it is not able to do any serious damage. simply demanding that petroleum futures could only be purchased with cash, not borrowed credit, would have eliminated a lot of problems. Tighter regulation is the solution, not letting greed run rampant and out of control. Certainly there would be less profit for some, but far better that than disaster for many. ( I am well aware that such sound rather altruistic. Oh Well!)
Wading Through The Market During Earnings Season
The introduction lists the fears that are causing the actions that are causing the pull-back. The basis and motivation for fear is not being able to deal with the situation at hand. And the reason for being unable to deal with the situation is having made too many choices based on greed instead of wisdom and insight. Think carefully and you will see that I am correct.
Best And Worst ADRs - Monday, Oct. 15
Using acronyms or abbreviations as words may be easy but it is an effective way to reduce the impact of one's writings.
End Of An Era - Sears Declares Bankruptcy
The article was a lot shorter than I had expected, more like an obituary, actually. Except that there don't appear to be any survivors that would have been listed. But once again this shows that there is no business so great that a string of bad choices can't kill it.
The Credit Cycle Is On The Turn
The thoughts presented are quite disturbing as an unfortunate amount of my wealth is invested in other than gold. But the foolhardiness of the government keeping interests low so that fools may invest in projects that fail using cheap money is a big part of the problem. Fools always find that it is easy to be generous with other people's money, as well as less uncomfortable taking risks with cheap money.
It partly reduces to not understanding the secondary and tertiary results of one's actions, or possibly simply not caring. Greed is a very powerful motivator, and likely the biggest cause of many problems. AND, in other situations, the extreme growth rate is known as CANCER, always fatal if not cured.
Why The Stock Market Is Headed For Disaster
This points once again at the unfortunate part that fears and emotions play in what ought to be a skill and data driven operation. Fear, especially, is a dangerous thing.
Bitcoin ETF Is Dead - Fraud Everywhere
A text article able to be read in an analytic manner instead of a verbal presentation would have been FAR SUPERIOR as far as providing information. Text has a far more penetrating impact because it is read, not just heard. So please present things that are worthwhile as text, and save the verbal presentations for the drama realm.
Will NFLX Ever Pay A Dividend?
I had wondered about why there were no dividends, so thanks for the clear explanation. and the explanation makes complete sense.