Investing

[Tiger337]

16 minutes ago, Screwball said:

Musk buying Twitter changed many things, but many have no idea because they live in their own created information bubble oblivious to what goes on outside that bubble. It's like the digital equivalent of parking your head up your ass, but they like it that way.

It probably pertains to you too.  

Edited November 20, 2024 by Tiger337

[Deleterious]

 

[gehringer_2]

16 minutes ago, Deleterious said:

 

For at least the time being, NVidia has transitioned from a value analysis type investment to a market psychology analysis investment. Once that happens to a stock, everyone and no-one is an expert.

[ben9753]

Basically no different than Bitcoin?

[gehringer_2]

6 minutes ago, ben9753 said:

Basically no different than Bitcoin?

no - still a big difference because NVidia does have a real value basis, it's just obscured for the present by the market froth around AI. Bitcoin might be the greatest 'greater fool' theory proposition in financial history. That's not to denigrate it really. For all I know, 'Greater Fool' dynamics may have made as many fortunes as value investing ever did.

[chasfh]

19 hours ago, gehringer_2 said:

no - still a big difference because NVidia does have a real value basis, it's just obscured for the present by the market froth around AI. Bitcoin might be the greatest 'greater fool' theory proposition in financial history. That's not to denigrate it really. For all I know, 'Greater Fool' dynamics may have made as many fortunes as value investing ever did.

Even greater than tulips?

[gehringer_2]

7 minutes ago, chasfh said:

Even greater than tulips?

At least with a Tulip you do get a flower - year after year even. There's definitely value in that after 12 weeks or so of winter.

[Screwball]

On 11/20/2024 at 3:12 PM, Tiger337 said:

It probably pertains to you too.  

Probably not.

[Tiger337]

26 minutes ago, Screwball said:

Probably not.

So, you know everything there is to know in the world?  

All I was doing was questioning Del.  He made some good points in reponse.

If you were referring to me blocking Musk and Trump, I'm sorry but Trump is an idiot and a fraud, no need to hear anymore from him.  Musk may be smart, but he was saying stupid stuff on Twitter so I blocked him.  

 

 

Edited November 22, 2024 by Tiger337

[Screwball]

8 minutes ago, Tiger337 said:

So, you know everything there is to know in the world?  

Which has nothing to do with what I said. I would expect more from you.

 

[Tiger337]

1 minute ago, Screwball said:

Which has nothing to do with what I said. I would expect more from you.

 

I assumed you were responding to my post and you were telling me that I lived in a bubble and had my head up my ass.  I try to be kind, but don't respond kindly to stuff like that.  

I think we all live in bubbles to some extent.  We all have different experiences and and learn things in different ways.  

[pfife]

what's wrong with living in a bubble?

[Deleterious]

I'm sorry.  The card says Moops.  

[Tiger337]

13 minutes ago, pfife said:

what's wrong with living in a bubble?

Nothing really.  Having my head up my ass would not be so good though.  

[Deleterious]

In case you heathens don't get the Seinfeld reference.  

 

[Screwball]

9 minutes ago, pfife said:

what's wrong with living in a bubble?

I kind of equate it to science. And maybe free speech too. Throw all the **** on the table and let's have an adult conversation about the pile in front of us. What is true, and what isn't. Pretty simple IMO. The KISS rule once again applies. And don't hide from what you don't want to hear.

Too bad it doesn't work that way today.

[Tiger337]

15 minutes ago, Screwball said:

I kind of equate it to science. And maybe free speech too. Throw all the **** on the table and let's have an adult conversation about the pile in front of us. What is true, and what isn't. Pretty simple IMO. The KISS rule once again applies. And don't hide from what you don't want to hear.

Too bad it doesn't work that way today.

There are 330 million people in this country who can't even come close to agreeing on what's true and what isn't. I even hear a lot of people saying that the truth doesn't matter to them.  I can't listen to 330 million people and a lot of them are not worth listening to.  I weed them out.  I like to hear views different from my own, but I don't need to hear lies and bull****.  So, I weed those people out.    

Edited November 22, 2024 by Tiger337

[pfife]

16 minutes ago, Screwball said:

I kind of equate it to science. And maybe free speech too. Throw all the **** on the table and let's have an adult conversation about the pile in front of us. What is true, and what isn't. Pretty simple IMO. The KISS rule once again applies. And don't hide from what you don't want to hear.

Too bad it doesn't work that way today.

I view it as a consumer in a free market.    I dont buy **** that sucks.  And I certainly dont do it repeatedly or brag that i buy crappy ****.

[gehringer_2]

I read an interesting book, one of the premises of which is that we too often make the incorrect assumption that if you put a lot of information out there, the good stuff (as in that which aligns with objective reality) will 'win out'. The author does of nice job of proving his case that historically it doesn't and technology doesn't help. It's usually the garbage which wins the day, which often leads to a lot of avoidable catastrophe and, leaves those trying to stay aligned with the objective world in the dust. He also wanders off into a lot of apocalyptic doomsaying about what happens when you add AI to that mix. I can take or leave the prognostications but his exposition about how information flows in a society food for thought.

'Nexus' - author is Harari.

Edited November 22, 2024 by gehringer_2

[Dan Gilmore]

It’s nothing like science. Richest man in the world buys a platform and the first thing he does is fire people trained to keep posts from spreading lies. Sure, they may not have done that anywhere near perfectly. The new setup made spreading disinformation a promoted goal and a chance to throw huge piles of money at influencing an election. Musk has zero interest in a open exchange. Truth not valued at all.

Edited November 22, 2024 by Dan Gilmore
Typo

[gehringer_2]

12 minutes ago, Dan Gilmore said:

Truth not valued at all

There was a reason - that we've pretty much forgotten,  that for a couple of thousand years we kept making a big deal about all those dead white Greek guys. They were the ones that pretty much put capital 'T' truth out there as something that is important in and of itself. The Western world has been trying to catch back up to their level of understanding ever since.

 

Edited November 22, 2024 by gehringer_2

[Tiger337]

In the modern world, whoever has the most money determines the "truth".  

[oblong]

9 hours ago, gehringer_2 said:

I read an interesting book, one of the premises of which is that we too often make the incorrect assumption that if you put a lot of information out there, the good stuff (as in that which aligns with objective reality) will 'win out'. The author does of nice job of proving his case that historically it doesn't and technology doesn't help. It's usually the garbage which wins the day, which often leads to a lot of avoidable catastrophe and, leaves those trying to stay aligned with the objective world in the dust. He also wanders off into a lot of apocalyptic doomsaying about what happens when you add AI to that mix. I can take or leave the prognostications but his exposition about how information flows in a society food for thought.

'Nexus' - author is Harari.

Today's the anniversary of the JFK assassination so the "common knowledge" around that is proof.  Also, too many people think moon landings were fake for me to assume that any kind of volume gives credence to the correctness of something

 

[The Ronz]

[1776]

I was in the 3rd grade when JFK was assassinated. Huge impression on me for life. I remember the days as being gray. Even as young as I was then, it was surreal.