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Forums - Politics Discussion - WOW! In 8 hours people have become experts in global finance and economics. Lets talk facts.

Teeqoz on 25 June 2016
DonFerrari said:
Teeqoz said:

What you are talking about is speculation. If you want to gamble, go buy a lottery ticket.

The environment he works is partially speculation and gamble even if you don't want to admit. Lottery is completely random, while trade market is nothing like it even during instability, it's just that most aren't really capable of safely predict what will happen.

In an instable market, it is pretty much random. None of the best investors do speculation. They invest in sound companies that they believe will do well for a longer period of time.



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DonFerrari on 25 June 2016
Teeqoz said:
DonFerrari said:

The environment he works is partially speculation and gamble even if you don't want to admit. Lottery is completely random, while trade market is nothing like it even during instability, it's just that most aren't really capable of safely predict what will happen.

In an instable market, it is pretty much random. None of the best investors do speculation. They invest in sound companies that they believe will do well for a longer period of time.

Have I said the good investors don't buy the stocks they believe will do better in the long time? Nope, but do they stop investing during unstable periods? I pretty much doubt it. And again what I said about speculation is that stock trade have a lot of them, you wanting or not, and it isn't even close to lottery, not in the probability of getting right nor in the amount paid back. Your analogy to lottery is as bad as people that say penalty kicks are lottery.



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

Azzanation: "PS5 wouldn't sold out at launch without scalpers."

Teeqoz on 25 June 2016
DonFerrari said:
Teeqoz said:

In an instable market, it is pretty much random. None of the best investors do speculation. They invest in sound companies that they believe will do well for a longer period of time.

Have I said the good investors don't buy the stocks they believe will do better in the long time? Nope, but do they stop investing during unstable periods? I pretty much doubt it. And again what I said about speculation is that stock trade have a lot of them, you wanting or not, and it isn't even close to lottery, not in the probability of getting right nor in the amount paid back. Your analogy to lottery is as bad as people that say penalty kicks are lottery.

I never said that investors stop investing during unstable periods. It's quite the opposite, the best investors know that a crash is a splendid opportunity to buy. Stock trade has a lot of speculation, but it also has a lot of losers.

Okay, lottery was a bad analogy. Play poker instead.



Rab on 25 June 2016

Kick Greece to the curb, they are bleeding the EU, that should balance the financials nicely



d21lewis on 25 June 2016

The only i know about brexit is that it reminds me of eggs and breakfast and it made me hungry. I don't pretend to know more than I do.



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DonFerrari on 25 June 2016
Teeqoz said:
DonFerrari said:

Have I said the good investors don't buy the stocks they believe will do better in the long time? Nope, but do they stop investing during unstable periods? I pretty much doubt it. And again what I said about speculation is that stock trade have a lot of them, you wanting or not, and it isn't even close to lottery, not in the probability of getting right nor in the amount paid back. Your analogy to lottery is as bad as people that say penalty kicks are lottery.

I never said that investors stop investing during unstable periods. It's quite the opposite, the best investors know that a crash is a splendid opportunity to buy. Stock trade has a lot of speculation, but it also has a lot of losers.

Okay, lottery was a bad analogy. Play poker instead.

Yep so we come to agreement that this instability could bring more money to kowen than the calm period, that was my only point.



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

Azzanation: "PS5 wouldn't sold out at launch without scalpers."

ArnoldRimmer on 25 June 2016

I very much agree with you, kowenicki. In fact, just yesterday I created a thread with an almost identical headline in another forum, satirically claiming that the EU magically gained about 700 million experts in economics in a single night.



MoHasanie on 25 June 2016
JRPGfan said:
MoHasanie said:
Economically, Brexit is bad for everyone. Bad for Europe, bad for the rest of the world and especially bad for the UK, which is why everyone is shocked with the result. In the long run nobody knows what the effect will be (things will probably be back to normal, with trade levels between the UK and the EU similar to where they are now), but right now there is a lot of uncertainty among businesses and investors and that''s never good.

I dont think UK will go back to "normal" trade with EU.

EU simply cant appear to be so weak, as to let them off the hook basically scott free.

Its going to cost the UK.

If they manage to get almost the same deal as they have now, Id be amazed.

I think EU will make a signal out of the UK.... "this is what happends when you leave".

Its more than just "uncertainty", theres basically a certainty of things getting worse in the future.

I think it's in the best interest of both the EU and the UK for trade to remain the same. For the UK, the EU reperesents 47% of all exports so it's huge. And as Kowen pointed out, the EU has a huge trade surplus with the UK, which is a situation everyone wants to be in, so Europe would also want things to remain the same. 



    

NNID: FrequentFlyer54

JRPGfan on 25 June 2016
MoHasanie said:
JRPGfan said:

I think it's in the best interest of both the EU and the UK for trade to remain the same. For the UK, the EU reperesents 47% of all exports so it's huge. And as Kowen pointed out, the EU has a huge trade surplus with the UK, which is a situation everyone wants to be in, so Europe would also want things to remain the same. 

So basically the UK is dependent on the EU for almost 50% of its trade.

And now its going to end up paying more for that trade.

Ofc things will continue as they have, the thing is the UK is going to pay more for it.

I guess if EU decides to be too greedy, the UK could try and get its stuff from other places than europe.

Still shipping costs ect, things are going to get more expensive for the UK reguardless of who they end up doing bussiness with.



KLAMarine on 25 June 2016

Interesting.