CDZ Actual 1%/Mythical 1%/Wannabe 1%

Discussion in 'Clean Debate Zone' started by william the wie, Apr 25, 2017.

  1. JoeMoma
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    JoeMoma Gold Member

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    A millionaire is a person whose net assets are worth at least a million dollars.
     
  2. william the wie
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    william the wie Gold Member

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    The reason I'm no longer in Lever Brothers is exposure to currency fluctuations. Doing most of its business in Euros and 3rd world currencies I had trouble keeping up with my returns but it is a great company. what I like the best are companies like SDRL (SeaDrill) its PE is less than earnings growth and its price is less than net tangible assets. If the latest EO gets me called out before I can close out my calls my gain will be 125% and I will miss it when it is gone because my annualized returns on Calls is somewhat higher than that. But with the S&P 500, 400 and 600 to play with I can find replacements. Gail is all upset at the moment because she lost a decimal place recently but there was no advance word on the EO before the close so I could pull back, it happens.
     
  3. william the wie
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    william the wie Gold Member

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    Estimated to be worth more than a million, gigantic difference.
     
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  4. JoeMoma
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    JoeMoma Gold Member

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    There is a much higher percentage of Americans that are millionaires than 0.1% as you stated in your opening post. Now go find a sign post to argue with.
     
  5. william the wie
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    william the wie Gold Member

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    Thank you for leaving.
     
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  6. EverCurious
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    EverCurious Gold Member

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    A returned reflection on nerd-shaming. I too was made fun of for my intelligence as a child of the late 80s/early 90s, my saving grace was actually my bi-sexuality. (The Christian's at school simply couldn't get enough of the idea, and I not being at all shy about my love interests in the hallways, be them men or women, was irresistible to the masses of sexually repressed young men, and many women as well.) Now my son, with his high intelligence also finds himself popular, in his case due to his no nonsense debate skills.

    I think, ultimately, the quasi-bullying of intelligence cannot be blamed solely on the rejection of brains, but also, and perhaps to greater extent, the personality that oft accompanies it; the introvert destined for a lab or perhaps a teaching desk, does not seek out the circle of friends to buffer them from those who feel threatened by mental prowess. Where as the extrovert who intends to use their intelligence for more interactive careers, not only have a tight circle of geek friends, but they actively worm their ways into the heart and mind of the general public at school, and later in life as well. As a child, I sold myself as a respected opinion of open acceptance, my son sells himself as someone always open to debate the random concerns of the populace from a respectable and logical position. We both have "swaggering" personalities and self-confidence that led/will lead us down paths in the "thick" of public view and interaction. It is why I caution my LGBT circle not to fall into the trap of despair over the oft fickle and stupid allegations of their peers, because the people who matter are those who they keep close; myself and my social circle online included among the open armed "friends" they can always count on. And, too, I think such advice should go to those who are mentally gifted.

    So it is not a lie that intelligence can serve one well. I would argue also that it is not a rejection of intelligent people, but rather a failing on the part of intellectual self-confidence and level-headed self-reflection that denies us many brilliant minds. There will always be envy and jealousy to deal with, how one deals with it is the ultimate reflector of ones success as a "brainiac."
     
  7. william the wie
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    william the wie Gold Member

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    Why is the purchase of a million dollar diamond not seen as a reduction in wealth I do not understand.
     
  8. william the wie
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    william the wie Gold Member

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    It is also the type of intelligence that is important plumbers, car mechanics and so on have STEM intelligence and most degree program from places that lack the term technology in its name are generally worthless. A short review of the book "Chaos" will convince any and every one even with modest math skills that Climate Change is a crock yet many people do in fact believe in it.
     
  9. EverCurious
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    EverCurious Gold Member

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    Some might call it the indomitable spirit of mankind. Agnostic that I am, I choose to believe in the greatness of our achievements, rather than the temporary nature of fickle emotion. Progress is not merely a measure of 1's and 0's, but a timeline into the past and the core truths - that we are flawed, eternally flawed, but that such flaws are acceptable in the moment at which we exist. Transcendence from the singular mortality, and singular moment, into the vastness of existence itself and the infinitesimal iota of this world and the next. Life then is but a temporary gift, a lost breath in cold harsh reality; and we are answerable only to ourselves in our own worth as a mortal being. For there is no beginning, no end, only the now in which we must prevail, and the choice to be good, be moral, be at peace with ourselves through all impossibilities; to be that greatness we were born into and accept without condition that we are dust eternal with only the hand upon our own heart and mind to guide us through the meaninglessness of it all. It is not a punishment nor a reward, but a test we must take until finally we grasp it. A serene smile to your chaos. A patient sigh for the lies. Respect for passions ticking seconds. And the quiet amusement of fickle attractions and "meaning." If we humans should die, it will be by our own hands, no planetary warming, no nuclear fall-out, no asteroid, no loss of our atmosphere can defeat us - it is only our greed and our refusal to accept that the impossible can indeed happen that will be our undoing. We are life, and life has no purpose but to exist - we adapt, we conquer, and we will prevail though anything this cold expanse of the universe can throw at us - divine will is neither spiritual nor mere words, but the very action of breathing in the first place; suffocate us here and we will be reborn to try again until the end and the beginning become one circle and knowledge itself is laid bare as nothing more than the interpretation of today, this moment, this irrelevant life. That nothing is what we truly are, and there is nothing wrong with... nothing, because nothing exists, only something, sometime, in someway. When you can wrap your mind around such things you realize...


    The drive to be important is the pit of Hell that is the ultimate destruction of each and every one of us. A self-inflicted punishment for circular denial that even minds like my own fall prey to. If there is an original sin, it is ego heh Ah, that is the eternal dance we are locked into is it not; for why live at all if not to experience the selfish pleasures of our own oh so fickle passions... Viva la vida!


    EDIT - In other words; we all live merely to believe in a cause - for some it would be God, for others a belief that they can change the world for the better - and in the end, all are both right, and wrong, at the same time.
     
  10. The Sage of Main Street
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    The Sage of Main Street Silver Member

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    Education means nothing more than buying a job. That class-biased indentured servitude automatically puts inferior people in superior positions.
     
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