BP Shuts Down Oilfield

[CDB]

Look, obviously you don't understand how things are done in the real world. Sorry, but I don't know (and probably don't really care) how to say that nicely.

UInfortunately, Bio, the things you are paraphrasing are the end result of pie in the sky mathematical economists who rarely get their heads out of their theories long enough to see if their precious models actually work. And when they do thei either tweak the model and claim success or berate people for not acting in according with their model, the latter being the usual provice of game theorists. The Austrian school of economics is the only school of economics that has built its analysis of the economy soley on how people behave and act in "the real world."

I don't really care to argue point by point, as there is nothing in it for me. I tried but decided that it costs too much of my time. I am not getting any returns from it. I am fvcking spending effort to enlighten you so you may have a better understanding of the business and economy. Bad deal as there is nothing in it for me..

Last time you were in a position to have a network of informants that gave you mass access to foreign affairs information, now you're a CEO. Need a new tinfoil hat?

Just about everything you asserted, simply doesn't work that way in the business world. Don't take my words for it. Readers can go find out for themselves.

Actually, it does work that way in the real world. It is the cry of most modern economists that it doesn't work that way because if they admit it did work that it would severely hinder their ability to get cushy government jobs managing and predicting the economy. And so they forever tweak their models, forever missing the mark but always claiming success because every time they miss, they tweak and then, having perfectly 'predicted' the past, they claim success. A claim which holds until their next failure which is usually pretty quick.

When you have created your trading model, let us know how it goes. You are free to take this advice or ignore it. Don't waste time focusing on the money supply in the US. If you want to examine monetary factors, then look into the international arena. Its influence has long eclipsed that of US domestic MS. The FED is no longer running the show.

When did I say the money supply in the US is our only concern? Only dealing with domestic money supply was a currency school fallacy that Mises dealt with at the beginning of the last century. Finding reliable monetary figures is hard especially when half of them include nonmonetary factors. AMS is the only real measure and I can't find a reliable source for those figures right now that doesn't cost an arm and a leg. And that's for US figures. Good luck finding such information of foreign markets.

 

[BioHazzard]

Blahblahblah... Come and talk to me when you have actually put your perceived notions of how things work in the real world to work and actually make money. Then you can talk to me about tin foil hat.

I have made tens of millions for my previous employers and our clients, investing in technology and medical stocks. I have also lost millions of dollars in the stock market. Lucky for you, I happen to know a thing or two about making money (and losing money) In my not so humble opinions, there is absolutely nothing in anything you have written, has any use whatsoever, in helping anyone to make money.

One thing I do know is, I know what a fvcked up trading model is. lol I have researched a ton of them and I have blown a ton of money investing and speculating using them. I know what does not work. And your silly notion of how the world should work, does not work. No need to take my words. Go show your stuffs to anyone in the investment business. Gosh, I LOVE to see their facial expression when you do talk to them. :lol:

Prove me wrong. Prove me wrong. Open a futures account and speculate. It doesn't take a fortune. $5000 will get you started. Come back and flaunt, after you have made it to the big time. I will bow to you. If we never hear from you, then that's ok. I know what happens.

I am sure you have $5000 to spare. Even tin foil hat wearer like me, have that amount laying around at home.

So, c'mon. Prove me wrong ! Fame and fortune await you.

Who knows? May be even Jim Rogers would want to hire you and retain your wise consel. :lol: You can rub shoulders with your idol Sean Corrigan then.


P.S. For those who don't know. Making millions is not what it all cracks to be. It is just the job. When you work with hundreds of millions of OPM (Other People's Money), then making tens of millions is no big deal and is pretty much EXPECTED of you. lol . Losing millions is also not that big of a deal, just as long as your bosses lose even more than you did. They can't beat up on you when they sucked worse than you did.

 

[Jayhawkk]

5000 will get you started

Uhhh, the last time I had 5000 laying around was after I busted someone with it...I'm a couch invester. I deposit change and when I need gas I withdraw from the couch account.

 

[BioHazzard]

Money is like piss. The more you have, the greater the urge to piss it away.

That is the Bladder Theory of Money. :lol: It explains why we have such a low saving rate. :lol: I have no idea what the Austrian school of Economics calls it.

 

[Jayhawkk]

I wasted my fair share of money. I had a real problem with not buying crap on impulse. If I was a millionaire I would have a diamond encrusted jock strap.

 

[BioHazzard]

OUCH!! You must have brass balls.

 

[Jayhawkk]

Nah, they're nickle plated but you can sure as hell bet they would be platinum if I was wealthy!

 

[BioHazzard]

Then you are a true American!

 

[CDB]

Blahblahblah... Come and talk to me when you have actually put your perceived notions of how things work in the real world to work and actually make money. Then you can talk to me about tin foil hat.

I have.

I have made tens of millions for my previous employers and our clients, investing in technology and medical stocks. I have also lost millions of dollars in the stock market. Lucky for you, I happen to know a thing or two about making money (and losing money) In my not so humble opinions, there is absolutely nothing in anything you have written, has any use whatsoever, in helping anyone to make money.

Tell that to Corrigan and Austrians like him who use Austrian analysis to make money for others. Incidentally making money in the stock market no more makes you an expert in economics than being huge and muscular steroid user makes one an endocrinologist. By your standard the slin needles seen in Cutler's fridge in one of his videos make him as qualified to diagnose and treat a diabetic as an MD. Using the system and understanding how and why it works are two different things.

No need to take my words. Go show your stuffs to anyone in the investment business. Gosh, I LOVE to see their facial expression when you do talk to them. :lol:

See above. Specific to speculation I can understand why people don't like it, however their dislike does not change its nature anymore than people disliking high gas prices changes the nature of how prices are formed. Once more it's people trying to impose normative judgements on the positive. Far be it from me to suggest that people who make their living trading don't want clients to dwell on the uncertainty inherent in their undertakings.

Prove me wrong. Prove me wrong. Open a futures account and speculate. It doesn't take a fortune. $5000 will get you started. Come back and flaunt, after you have made it to the big time. I will bow to you. If we never hear from you, then that's ok. I know what happens.

I'm not living in one of the most expensive places on the planet to live because I'm broke.

Who knows? May be even Jim Rogers would want to hire you and retain your wise consel. :lol: You can rub shoulders with your idol Sean Corrigan then.

Corrigan is an Austrian economist who has made a lot of people a boat load of money in "the real world." What's more his success is provable and meets a much higher standard than your anonymous internet claim of success and superiority. Now you're an investor, before you were a spy. Stock market to deep cover CIA operative. Yup, seems like a honest to God career move. I find it somewhat hilarious that no matter what the topic of discussion is you turn out to be an expert and have a long and storied career to draw upon for ellucidation. Bottom line though is your posts have all the flair and depth of those of a fouteen year-old who did a minimum amount of studying to get a nice argument going.

Likely you only argue on the internet because you can't write letters to the editors of newspapers. Restricted access to sharp objects will do that. I must be crazy if I think arguing with someone for whom provable application of certain financial analysis in the real world that has made some very good money for a lot of people is an inferior standard of judgement than believing some anonymous internet freak who likely has a large collection of coloring books. Back on the ignore list you go, no idea why I took you off to begin with.

 

[BioHazzard]

I have.

In your dream.

Tell that to Corrigan and Austrians like him who use Austrian analysis to make money for others. Incidentally making money in the stock market no more makes you an expert in economics than being huge and muscular steroid user makes one an endocrinologist. By your standard the slin needles seen in Cutler's fridge in one of his videos make him as qualified to diagnose and treat a diabetic as an MD. Using the system and understanding how and why it works are two different things.

I love excuses. When you can't do it, then make excuses.

See above. Specific to speculation I can understand why people don't like it, however their dislike does not change its nature anymore than people disliking high gas prices changes the nature of how prices are formed. Once more it's people trying to impose normative judgements on the positive. Far be it from me to suggest that people who make their living trading don't want clients to dwell on the uncertainty inherent in their undertakings.

ehh... whatever.. Don't really care.

I'm not living in one of the most expensive places on the planet to live because I'm broke.

And yet, you just claimed to be making money putting your silly notions of how things work to work.

:nono: Liar! :nono:

Corrigan is an Austrian economist who has made a lot of people a boat load of money in "the real world." What's more his success is provable and meets a much higher standard than your anonymous internet claim of success and superiority.

You must not be intelligent enough to comprehend the Edelweiss Fund investment policy. I have high-lighted some of the key points in a post, just for your benefits. I have a feeling that you would not know anything about how Corrigan actually invests. So, I took the liberty. But, alas, I have failed. Kind of remind me of that movie Full Metal Jacket. Just like what Gny. Sgt. Hartman said. "I tried to help Gomer Pyle. But I have failed." :lol: :lol:

Oh...one more thing. I have researched Corrigan's investment. I know Corrigan's investment. You sir, is no Corrigan. :lol: :lol: Stop living vicariously through Corrigan's life.

Now you're an investor, before you were a spy. Stock market to deep cover CIA operative. Yup, seems like a honest to God career move. I find it somewhat hilarious that no matter what the topic of discussion is you turn out to be an expert and have a long and storied career to draw upon for ellucidation. Bottom line though is your posts have all the flair and depth of those of a fouteen year-old who did a minimum amount of studying to get a nice argument going.

The walls have really been closing in on you, haven't they, CDB? Because you are certainly hallucinating about me being a CIA spy. Have you heard black choppers hovering outside the window of your apartment too?

Don't worry about me. I have done things, being to places and know about things, that you cannot even begin to comprehend. Worry about yourself getting out more often. lol The walls are closing in on you, CDB. Oh yeah. Better stop stealing those copies of Foreign Policy Journal from the libraries. They have scrambled your brain.

Oh yeah. And stop reading up those crazy sites you put in your sig line. Look what they have done to you! Hope it isn't too late to go cold turkey now. We're all pulling for ya, CDB. Hold on strong now. :lol:

Likely you only argue on the internet because you can't write letters to the editors of newspapers.

There you go, Looking into the mirror and accusing people of what you see in it.

Oh wait, are you saying you can write letters to the editors of newspapers? :lol: :lol: :lol: How pathetic!

Restricted access to sharp objects will do that. I must be crazy if I think arguing with someone for whom provable application of certain financial analysis in the real world that has made some very good money for a lot of people is an inferior standard of judgement than believing some anonymous internet freak who likely has a large collection of coloring books. Back on the ignore list you go, no idea why I took you off to begin with.

Please don't ignore me. :lol: :lol:

Can I come by to your apartment to play in all the money you have been making by putting your silly notion of how things ought to work 'according to CDB and his take on Austrian School of Economics"?

I doubt you actually have an economics degree. Must be either a self taught garage armchair economist wannabe.

Is there some sort of corresponding degree for Economics by some Tennesse Hillbilly Online University or Sothern Bayou Swamp Corresponding School? :think:


P.S. I know you can't keep yourself from reading this. :lol: I doubt you can even keep yourself from responding neither. :lol: Prove me wrong! Prove me wrong!

 

[jmh80]

Alright Bio.
I take offense to that. I got my chemical engineering degree from Hillbilly U.

Just for that - I'm calling my boss right now to have gas prices raised in your area!!!!! :nutkick:

 

[Jayhawkk]

This has been reduced to a **** measuring contest. Thread closed.