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Originally posted by dreamingtree
What I don't understand is why he would tell people to save in a time of recession.
Originally posted by SkepticOverlord
We're attempting to get Peter on an ATS MIX interview, and are getting pretty close... essentially "our people are talking to his people" about a mutual time that will work. If we work out a good time, you'll be able to post your questions for him.
Stay tuned.
Originally posted by SkepticOverlord
We're attempting to get Peter on an ATS MIX interview, and are getting pretty close... essentially "our people are talking to his people" about a mutual time that will work. If we work out a good time, you'll be able to post your questions for him.
Stay tuned.
Originally posted by dreamingtree
I'm actually an undergrad in economics at the university of Wisconsin applying for grad school soon and I have yet to take one class that agrees with the some of the terrible and misleading/uneducated information that I read on this site.
Originally posted by pavil
Originally posted by dreamingtree
I'm actually an undergrad in economics at the university of Wisconsin applying for grad school soon and I have yet to take one class that agrees with the some of the terrible and misleading/uneducated information that I read on this site.
Sure, there is a lot of of bad advice EVERYWHERE, not just here at ATS. I was almost laughed at by about 55% of my clients when I told them to get completely out of the Market at the end of last year and just move to guaranteed vehicles for the next couple years. My favorite saying was "does anyone really think Google is worth $700 a share" (it's at $262 today)? I told them "better to make a little, than lose a lot". The other 45% listened to me either entirely or somewhat, guess which group is the one crying to me now? A good chunk of the 45% still have most their full portfolios intact (minus real estate of course, couldn't help them on that). The 55% are "revisiting their goals" to put it nicely.
Greed does funny things to one's perception of reality.
Originally posted by Gateway
reply to post by SkepticOverlord
I don't know if he has many fans here...all I see here being posted lately is nonsense about the greatness of Marxism and communism...Schiff is completely the opposite. (These latest postings by ATSers has turned me off from participating lately on this BB)
No offense, but it seems to me that perhaps ATSers, would be happier if you had a representative from the U.S. Communist Party speaking instead.
[edit on 24-11-2008 by Gateway]
Originally posted by Gateway
Your definition of greed is correct. (It is greed when companies ask for Bail-outs, subsidies, or protectionism) Unfortunately, people here are using the term greed loosely to mean anything that means profit taking. As if greed was synonymous with the word capitalism.