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@pachman saidFunny that he will be gone until after Easter; and that you have all the sudden popped up in his place until then. Say hi to the little fella, and remind him daily that he is supposed to give up playing with himself until after Easter. Do you think he is gonna make it? I think he failed already the first day of Lent. lol... Tell him, the Lord will know. 🙂
Pretend?
Either way, I'm just happy he will be gone for at least another month. 🙂 Praise the Lord! 🙂
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@earl-of-trumps saidTrue, or I could have bet in PUTs and exorcised my contrarian demon that way.
Not totally so, mon Wolfie.
If you thought about it two months ago and realized that Apple, among many others, will be screwed because of the virus stopping production ion China, you would have been very wise to sell Apple stock then,, and wait until markets settle down. Then, buy back in. And Apple will rise back up and you will have made a tidy little fortune.
Some say the market was due for a correction anyway.
Those who accuse the market of being a mere gambling den are not far from the truth. However, unlike in Vegas, where "the house" always wins.
The Stock Market is an engine of economic capital and its "house" is our economy.
When the engine sputters or stops, the house loses power and all the food in the fridge goes to waste. That smell attracts bears.
I prefer to store my winter meat; smoked and in the cellar. That way, I'll remain nourished until spring brings the bulls back to pasture once again.
Long-term my man. Long-term.
Keep your eyes on the horizon and your mind on the...long-term
@shavixmir saidIf stock markets fall then flotations become less lucrative and so venture capitalists face lower returns, which starves start-ups of funding. Listed companies find it harder to raise debt because lenders take on more risk. The economy stalls and enters recession. It might all seem irrelevant and a poor basis for running an economy, but humanity is yet to think of a better way.
Quite right.
People want to gamble their money, fine by me.
Stock prices go up and they get rich... good for them.
Shyte plummets and they all want to jump out of high rises: good riddance.
The gambling has nothing to do with reality, the money they are gambling is worthless: most of it only exists in their own mental constructs.
Anyone thinking that’s a good bases ...[text shortened]... over again).
Nothing changes because of stock markets. They shouldn’t waste time reporting on it.
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@deepthought saidSo, take your apocalyptic vision and run with it:
If stock markets fall then flotations become less lucrative and so venture capitalists face lower returns, which starves start-ups of funding. Listed companies find it harder to raise debt because lenders take on more risk. The economy stalls and enters recession. It might all seem irrelevant and a poor basis for running an economy, but humanity is yet to think of a better way.
If people keep producing and transporting food... no problem.
It is fake. It’s a bubble set up to keep a system working. It’s based on the belief that non-existent money can double itself.
If that money becomes worth more than the produce and services it represents, then it’s completely pointless.
So the stock market can fall and fall and fall.. and a lot of people lose a lot of money... but products (like food) and services are worth just as much as they ever were*. Just nobody’s getting rich off them.
If companies need start up cash there’s a multitude of better ways of dealing with it.
*An apple is 50 kcal’s and a healthy snack. Whether it’s being eaten for free or someone’s making a 100 bucks off of it.
@shavixmir saidWhy should I loan the farmer money for a new orchard unless I have some return?
*An apple is 50 kcal’s and a healthy snack. Whether it’s being eaten for free or someone’s making a 100 bucks off of it.
And if I don't loan him the money it doesn't get planted.
(Sorry shav ... I agree with you on most things! ...)
@wolfgang59 saidIt doesn’t get planted, you don’t eat an apple.
Why should I loan the farmer money for a new orchard unless I have some return?
And if I don't loan him the money it doesn't get planted.
(Sorry shav ... I agree with you on most things! ...)
@shavixmir saidWhich is bad.
It doesn’t get planted, you don’t eat an apple.
An apple a day keeps the doctor away.
@shavixmir saidFinancial instruments are priced by adding current stock and future returns, the future returns are discounted by an interest rate. It is not based on "a belief that nonexistent money can double itself".
So, take your apocalyptic vision and run with it:
If people keep producing and transporting food... no problem.
It is fake. It’s a bubble set up to keep a system working. It’s based on the belief that non-existent money can double itself.
If that money becomes worth more than the produce and services it represents, then it’s completely pointless.
So the stock mark ...[text shortened]... ’s and a healthy snack. Whether it’s being eaten for free or someone’s making a 100 bucks off of it.
The services and commodities aren't worth a thing if no one is buying. Food might have a use value, but not after it's rotted because the transport companies that bring it to the shops have gone out of business. Services no one is buying don't even have a use value.
What are the multitude of ways of raising capital? Name them.
@deepthought saidNationalize banks and distribute money for start ups. What has to be paid backed is the sum that is loaned.
Financial instruments are priced by adding current stock and future returns, the future returns are discounted by an interest rate. It is not based on "a belief that nonexistent money can double itself".
The services and commodities aren't worth a thing if no one is buying. Food might have a use value, but not after it's rotted because the transport companies that br ...[text shortened]... uying don't even have a use value.
What are the multitude of ways of raising capital? Name them.
For example.
Stop defending hedge funds... they are the bane of society.