ADO 0.00% 2.7¢ anteotech ltd

depth and volume, page-24

  1. 30,399 Posts.
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    F1 said he was bored and that's why he did the sell trade. Then he backs this up by showing how many shares he holds.

    Australia has a VERY low level of philanthropy and charitable donations. Here the people who donate tend to be the ones who are less affluent. Dick Smith has spoken about it recently with Philip Adams on Late Night Live, ABC Radio National.

    Anyone who thinks it's only about becoming rich has a lot to learn, IMO. That includes doing a cost/benefit assessment on donating which is SOLELY based on money.

    I'm impressed by Bill Gates, Buffett and another US philanthropist (whose name I now forget but has been very active in Australia), because of their immense wisdom in realizing that by giving it away in carefully considered moves they receive massive rewards on a personal level.

    Stephen King recently said of the rich they are quite boring, and I've personally found this to be true. Insular is another term I'd apply certainly to the ones in Australia. King was also advocating an increase in taxation of the rich, it might also help relieve them of some of their chronic boredom to see how useful their money can be.

    What I like about ADO, it's an ethical investment. Call me a bleeding heart, but I think the technology should not be locked up but widely distributed for maximum social and economic benefit. It's called win-win.

 
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