Is it +ev for me for other people to lose money? - Page 2 - Business, Finances and Investing Forum

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Is it +ev for me for other people to lose money?

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10-10-2008 , 01:43 PM

#26

notuntrue

journeyman

Join Date: Jul 2008 Posts: 249

were going to hell imo

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10-10-2008 , 02:20 PM

#27

The Don

veteran

Join Date: Jun 2005 Posts: 3,362

Quote:

Originally Posted by Black Mamba

QFT. I am absolutely loving this. Ive been making so much $ lately its sick.

The morons get what they deserve.

If you don't know how to play these markets then you don't understand basic economics... plain and simple. As I have been saying, expect a return to fundamentals-based investing.

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10-10-2008 , 03:30 PM

#28

five4suited

Carpal \'Tunnel

Join Date: Jun 2005 Posts: 9,026

Quote:

Originally Posted by Black Mamba

QFT. I am absolutely loving this. Ive been making so much $ lately its sick.

The morons get what they deserve.

does the word "morons" above refer to the average wall street hack, or the average blue collar worker who has a family to support but scraped some money together to invest because our government/society promotes it?

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10-10-2008 , 10:41 PM

#29

shipitkthx

Pooh-Bah

Join Date: Feb 2007 Posts: 4,094

Quote:

Originally Posted by five4suited

My enjoyment from this comes from watching so many people I know who scoffed at my "gambling for a living", while at the same time blindly dumping money into the markets, fall flat on their ass. And call me sick but watching those same people lose half their net worth feels good b/c i can give them that "HOW DOES IT FEEL NOW BITCH??????" stare. Government/society has promoted investing in the markets as somehow being different than any other form of gambling and now its fun to watch them go through the sick variance that many of us deal with on a daily/weekly/monthly basis.

Quote

10-11-2008 , 01:19 AM

#30

anononon

Guest

Posts: n/a

Quote:

Originally Posted by shipitkthx

You, sir, are a total degenerate.

Correlated parlays FTW!

Anyway, I mostly feel the same way.

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10-11-2008 , 02:18 AM

#31

nuclear500

Carpal \'Tunnel

Join Date: Aug 2004 Posts: 10,515

Quote:

Originally Posted by shipitkthx

Yah, but when you lose 50% of your networth its GONE. At least investments have the potential to return all of the value lost without having to work for it.