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Thread: The causes of the growing malaise in society today ...

  1. #81
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    Tahuyaman's Avatar Senior Member
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    Quote Originally Posted by Lummy View Post
    What other things? Those are the things we want to do. Oh, you mean like jerking off? What?...
    Really?

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    Captdon's Avatar Senior Member
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    Quote Originally Posted by Dr. Who View Post
    They are raising capital by hopefully trading at more money per share. What is the broker doing, other than advertising the merits of their corporate client? Otherwise they are predicting what stocks will perform well and which will tank based on analysis. Stock exchanges and casinos have much in common. Those who beat the odds are either better predictive analysts or possess inside information.
    You do understand that the price of a stock has no effect on the company once it is sold.

    I agree that Cotton1 is one of the greedy mothers who ruin everything he touches. He probably cheats in solitaire too.
    Liberals are a clear and present danger to our nation
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  3. #83
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    Lummy's Avatar Senior Member
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    Quote Originally Posted by Tahuyaman View Post
    Really?
    Yeah. You go to work to do your job and your boss tells you he now has a robot that can do everything you do -- or did -- and that that's a good thing because it will free you up to do other things. Somewhere else.

    But you liked doing what you do -- or did.

    See?

    So, you find something else to do, find you enjoy it, and boom! Here comes R2D2 again.

    That's what I mean. We're running out of other things to do, at least that pay money to do them.

    I'm making this up just based on the logic of it. I have no idea, really.
    Last edited by Lummy; 09-19-2019 at 10:33 PM.

  4. #84
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    Quote Originally Posted by Captdon View Post
    You do understand that the price of a stock has no effect on the company once it is sold.

    I agree that Cotton1 is one of the greedy mothers who ruin everything he touches. He probably cheats in solitaire too.
    How did you know I cheat in Solitaire? For the record brokers dont have to be " greedy". We get our cut regardless of how stupid the client is. Its a beautiful thing.
    I'm yo.
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  6. #85
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    Quote Originally Posted by Dr. Who View Post
    They are raising capital by hopefully trading at more money per share. What is the broker doing, other than advertising the merits of their corporate client? Otherwise they are predicting what stocks will perform well and which will tank based on analysis. Stock exchanges and casinos have much in common. Those who beat the odds are either better predictive analysts or possess inside information.
    Thats not 100% true. If my clients wanted to play the " greater fool game " (thinking someone will come along and pay more than you did, fine). In my managed accounts I played both sides against the middle by bending numeric values using a partnership of variables and constants, applying them to units (currency) , applying a parameter then shorting the instrument i just described against a diminishing certainty, time. That was my specialty. Betting directions is a sucker game full of taxable events for spec accts. Like taking candy from a baby. Which...i did once just to see what the little thing would do. Answer: not a dang thing. Just sat there drooling and looking at me. I was so dissapointed i gave it back.

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    Captdon (09-20-2019)

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    Quote Originally Posted by Lummy View Post
    Seriously, is there any profound science fiction left to write?
    Dont give me any ideas , my friend. I might be tempted to summon my old pal "Don-k-nauts". Last time he got loose he spent a month in "the hole" doing his " knock knock k-notts here" on my front door while i fought with a ditzy gf and Al Jolson sat in the corner of my living room laughing his as$ off. .. i had shoe polish everywhere
    I'm yo.
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  9. #87
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    Quote Originally Posted by Mister D View Post
    If we look at a region where youth unemployment is high, such as the E.U., we find mix of factors. For example, there appears to be some disconnect between institutions of higher learning and employers who complain about a lack of skills. There are also political policies that make hiring and terminating employees more difficult. Also, older workers are staying in the workforce longer. I don't think technology per se is playing a major role here.
    Part of the problem is that older workers are unable to retire for economic reasons. I agree. However great swaths of warehouse and manufacturing jobs have been replaced with robotics and older workers are often unable to switch gears and learn to do the kind of work that they were unable to learn how to do when their brains were young. Other such jobs have simply been offshored. I believe that you have even said that human beings are not all equally intellectually endowed. That is going to leave those on the bottom of the average in the ditch in today's economy.

    In my industry, there is a dearth of people who do what I do. Part of the problem is that younger workers jump around so much in a quest for higher salaries that they are not really learning the skills that you can only get by following difficult files to closure. Another part of the problem is that younger workers are often not invested in their jobs. It's just money. When money is the only motivator, and not sincere interest in the work, people don't develop the kind of skills that are needed. It plays havoc with succession planning.

    We are also faced with a much lower birth rate than in the past. These demographic changes have profound impacts on employers in a seller's market where there are fewer employees with the necessary skills than there are good jobs.

    My boss is in a panic, trying to pick my brain for the 30 plus years of information that he's not going to find anywhere else, because I'm probably the longest term employee in our organization. I've forgotten more about reinsurance than he will ever learn - he's 55 but a reinsurance neophyte.

    Skills and education in the white collar world are often two different things. Book learning is one thing and practical application is another. When employers complain about a lack of skills, they mean people who have real world experience. There are all manner of college grads who have academic qualifications, but those academic qualifications don't always translate to a useful employee. Some people are very adept at remembering data long enough to pass an exam, but beyond that, they are idiots or incapable of self direction. Employers would love to dump their more expensive senior employees, but there are often few people with the requisite skills to replace them.
    In quoting my post, you affirm and agree that you have not been goaded, provoked, emotionally manipulated or otherwise coerced into responding.



    "The difference between what we do and what we are capable of doing would suffice to solve most of the world’s problems.”
    Mahatma Gandhi

  10. The Following 2 Users Say Thank You to Dr. Who For This Useful Post:

    Cotton1 (09-19-2019),Peter1469 (09-20-2019)

  11. #88
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    Quote Originally Posted by Cotton1 View Post
    Thats not 100% true. If my clients wanted to play the " greater fool game " (thinking someone will come along and pay more than you did, fine). In my managed accounts I played both sides against the middle by bending numeric values using a partnership of variables and constants, applying them to units (currency) , applying a parameter then shorting the instrument i just described against a diminishing certainty, time. That was my specialty. Betting directions is a sucker game full of taxable events for spec accts. Like taking candy from a baby. Which...i did once just to see what the little thing would do. Answer: not a dang thing. Just sat there drooling and looking at me. I was so dissapointed i gave it back.
    So, you could sell your services to a company developing software for your industry and essentially teach a program to do what you were doing because it sounds like it is a combination of math and predictive analysis.
    In quoting my post, you affirm and agree that you have not been goaded, provoked, emotionally manipulated or otherwise coerced into responding.



    "The difference between what we do and what we are capable of doing would suffice to solve most of the world’s problems.”
    Mahatma Gandhi

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    Quote Originally Posted by Tahuyaman View Post
    That's a different subject. You said the state enables corpotation to move offshore. I said forcing isn't the same as enabling.
    Clearly, but one isn't that much better than the other.
    In quoting my post, you affirm and agree that you have not been goaded, provoked, emotionally manipulated or otherwise coerced into responding.



    "The difference between what we do and what we are capable of doing would suffice to solve most of the world’s problems.”
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  13. #90
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    Quote Originally Posted by Dr. Who View Post
    Clearly, but one isn't that much better than the other.
    Wrong. Forcing them to go offshore is worse.

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