Comments on: Beaver talk

By: Soylent Green is People

Soylent Green is People — Mon, 02 Mar 2009 20:06:30 +0000

Re #53 Rick on 02.27.09 at 9:53 am Hi Mel (#32),

I hope to God you didn’t achieve your well-off financial status on the backs of your children! But I’m afraid it sounds like you threw them into institutional day care orphanage so she could make all that extra money.

If you did, shame on you; extra shame on your wife for abandoning her children to strangers so she could bring in more cash. Shame shame shame. Don’t be surprised when your children throw you into a daycare when you’re 88 and abandon your ass in spite.

Day care is used by morons and total jerks.

Please tell me a grandmother looked after them for you at least?????

By: R Alton

R Alton — Mon, 02 Mar 2009 18:49:40 +0000

I really think that people should be careful about money they might invest in equities. Much of the commentary about real estate also applies to equities.
Boomers drove up the price of real estate and they, through pension funds and RRSPs, other investment vehicles also drove up the price of equities and commodities, and a great deal of this is also delevaraging. Just as they canâ€™t eat their house, they canâ€™t eat their equity investments. They will need to cash out. We are entering a phase where an increasing segment of the population will be spending down the assets they have accumulated so far.

By: Grunt

Grunt — Sun, 01 Mar 2009 02:29:41 +0000

I would like to go on the record as being the first (and only?) poster to predict $5000 an ounce gold before 2011.

Id also like to predict the collapse of the American and Canadian dollar and a merger into the Amero, but I cant say exactly when.

For more on this, check out http://www.theinternationalforecaster.com/ and see its written by a guy that was “in the business” when Garth was chasing pimply fat chicks in high school.

I went to a private school for boys. — Garth

By: Pension Guy

Pension Guy — Sat, 28 Feb 2009 22:18:21 +0000

Mike B – Just about every decent investment manager in Canada were massively underweight Nortel at that time – hardly a great achievement.

Some opinion of myself? Hardly. I’m just saying I’ll take their opinions over your half-baked ideas. “Most people here” may have followed the markets for a long time but they don’t do it full-time and they aren’t trusted with tens of billions of dollars. Alpha is a zero-sum game, the reason institutional managers can make money is b/c of people like you who think they know more than they do. You can boast about predicting this and predicting that – you predict enough things and chances are you’ll be right sometimes – as they say, even a blind squirrel finds a nut once in awhile.

I just think it is silly to speak with confidence about the market going to 4000 because of quant/technical systems. If so confident, I hope you are leveraging up on index puts…