Share
22,029 Posts.
lightbulb Created with Sketch. 261
clock Created with Sketch.
29/05/21
03:59
Share
Originally posted by croasian1:
↑
Short of actually killing your customers, breaking their kneecaps for money like Cash Converters with payday loans at 180% interest per annum government does what business wants. I accept government regulation is a risk but I think they are not challenging the status quo on fossil fuel consumption. I wish they were and I was wrong about this and we didn't live in a world where humans are so stupid as to run this terrible experiment altering the climate of the earth's biosphere. It doesn't belong to this single generation of humans or to even to all future generations but to every living thing. The ultimate sacrilege at the capitalist altar of unrelenting and mindless consumption. Tell me what's happening, what the government may do? Look at the world around you, is a transition happening? I see increasing fossil fuel demand as India and China income and consumption increases. They want what the wealthy nations have - it's on us to show them that less is more. Everything is phrased in terms of business as usual, no-one is admitting the scale of the problem that it can't be solved by innovation or consumption. Renewable energy is great but it's still plundering the earth's "natural resources". The socialists 100 years ago promoted the working man's fight and the government responded with violence to the challenge to their authority. If we are to survive this we need a peaceful revolution like the Zapatistas - and the mirage of subcomandante Marco's. There are always risks to investments but they will be things unforeseen rather than anticipated. Things like COVID right, rather than predict outcomes I am looking to profit from excessive negative sentiment. By definition that means doing things which seem crazy, idiosyncratic. That's how a free-thinking individual can beat armies of full time intelligent analysts. In investing, weirdness is the greatest virtue - willingness to accept uncertainty and proceed anyway. Perhaps cartesian rationality has been taken too far in our society to become a mass-psychosis - the idea that everything can be analysed. Embracing uncertainty is an investing edge, where the political environment is seen as a risk it is priced in and no longer a risk. Does that make sense? With so many variables it's best to monitor what you know know and change in response to developments rather than attempt prediction. Of course I am not an advisor and have no horse in the race on your decision. I just laid out some thoughts here in a forum full of noise and shouting it'll be interesting to look back with the benefit of hindsight. If you don't buy that's more than OK; so many investments I have passed up on and it doesn't bother me at all. I was never short A2 milk but my uncle asked me when everyone was buying the bubble and I said it seems expensive, what's the barrier to entry and how's it really different? It's not a fraud though is it, I only short fraudsters like Elon and other assorted human filth I don't care if a real business is expensive or struggling I wish them well. I only bet against truly horrible scumbags.
Expand
You miss understood what i was saying, i didn't mean it to come accross as the political enviroment was a big risk i just see it as the biggest risk which isn't that big at all, like you say governments will do as they are told in the most part. I think RIG has got great potential from here. I can't believe you've become a greenie! LOL ...... Never heard of them Zapas, i'll read some more about them, it's a different approach but not for me, not at this stage anyway. lol A2, No it's no fraud, they are just morons and have been smashed up because of the China flu, i see they are starting to work out it was man made...poor Trumpy! " Embracing uncertainty is an investing edge, where the political environment is seen as a risk it is priced in and no longer a risk. Does that make sense? " Yes thats makes plenty of sense.