Welcome Guest [Log In] [Register]


Reply
  • Pages:
  • 1
  • 2
  • 4
Luck: Mostly everything that you have is down to luck
Topic Started: 28 Nov 2013, 07:47 AM (4,382 Views)
Foxy
Member Avatar
Zero is coming...

barns
12 Dec 2013, 08:54 PM
* except where it's down to supply and demandâ„¢.
if you had a hotel in a town that opens a gold mine and you still own the pub, that is luck.
Supply is in your hands and you can meet the increased demand.
Peter
:pop:
Catweasel
28 Nov 2013, 11:41 AM
Catweasel say mouse measure its luck by its own the paradigm,

and base on its cultural struggles of its forefather and its geographic,

but if it can think a lateral,

it live in country,

where a people exist before it,

who the incredibly unlucky,

if it not want to live under same paradigm as flat screen TV mouse.
No i think the aboriginals are lucky, look at all the things they now have access to, they just had to wait, this abundant country produced it.
Peter
:pop:
Edited by Foxy, 12 Dec 2013, 09:48 PM.
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
Profile "REPLY WITH QUOTE" Go to top
 
Dr Kinetoscope
Member Avatar


foxbat101
12 Dec 2013, 09:46 PM
No i think the aboriginals are lucky, look at all the things they now have access to, they just had to wait, this abundant country produced it.
Peter
:pop:
You kidding right?

They were far better off before colonial settlement, to think otherwise is ridiculous. You must understand that their traditional culture is at odds with Anglo-Saxon culture, and hence the Koori definition of 'better off' is different to the Anglo definition. Material possessions had little to no significance.

Quote:
 
foxbat101
12 Dec 2013, 04:40 PM
everything is down to luck.
Peter
:pop:
* except where it's down to supply and demandâ„¢.
ROFL :lol
Architecture Porn
ShadBerg's torrid Macrobusiness love affair
Profile "REPLY WITH QUOTE" Go to top
 
Perthite
Member Avatar


Dr Kinetoscope
12 Dec 2013, 10:14 PM
You kidding right?

They were far better off before colonial settlement, to think otherwise is ridiculous. You must understand that their traditional culture is at odds with Anglo-Saxon culture, and hence the Koori definition of 'better off' is different to the Anglo definition. Material possessions had little to no significance.


ROFL :lol
If you are indigenous and can keep it together you have a massive advantage in a government or mining role.

I have seen it. It does happen.

Basically in all cases they where adopted or removed from their families almost permanently.

My parents have two such success stories. Twins.



Profile "REPLY WITH QUOTE" Go to top
 
Dr Kinetoscope
Member Avatar


Perthite
13 Dec 2013, 10:28 PM
If you are indigenous and can keep it together you have a massive advantage in a government or mining role.

I have seen it. It does happen.

Basically in all cases they where adopted or removed from their families almost permanently.

My parents have two such success stories. Twins.


For sure, I've met several as well.

As you have stated, almost all of them grew up in an Anglo family well removed from their culture. What do the twins do for a living?

Edited by Dr Kinetoscope, 14 Dec 2013, 10:29 AM.
Architecture Porn
ShadBerg's torrid Macrobusiness love affair
Profile "REPLY WITH QUOTE" Go to top
 
Foxy
Member Avatar
Zero is coming...

Dr Kinetoscope
12 Dec 2013, 10:14 PM
You kidding right?

They were far better off before colonial settlement, to think otherwise is ridiculous. You must understand that their traditional culture is at odds with Anglo-Saxon culture, and hence the Koori definition of 'better off' is different to the Anglo definition. Material possessions had little to no significance.


ROFL :lol
When i was up North i spent a lot of time talking to the Aboriginal people, i know or knew 1,000's of them.
One said to me one day you white fellas have made things better.
Now we have a road, a car and healthcare and other things.
So please don't just repeat your ignorant homogenised propaganda.
I never said they did not go to hell and back.
Peter
:pop:


foxbat101
14 Dec 2013, 11:21 AM
When i was up North i spent a lot of time talking to the Aboriginal people, i know or knew 1,000's of them.
One said to me one day you white fellas have made things better.
Now we have a road, a car and healthcare and other things.
So please don't just repeat your ignorant homogenised propaganda.
I never said they did not go to hell and back.
Peter
:pop:
If you want to argue this point please only play the ball.
I have a very long and respectful association with many aboriginal people.
If our augment can help there position please argue hard.
Just do not play the man.
Peter
:pop:
Edited by Foxy, 14 Dec 2013, 11:25 AM.
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
Profile "REPLY WITH QUOTE" Go to top
 
Dr Kinetoscope
Member Avatar


foxbat101
14 Dec 2013, 11:21 AM
When i was up North i spent a lot of time talking to the Aboriginal people, i know or knew 1,000's of them.
One said to me one day you white fellas have made things better.
Now we have a road, a car and healthcare and other things.
So out of your 1000's of aboriginal mates only one said things are better? Case closed then.
I'm talking about pre and post colonialism Peter, not the difference between having or not having material things like roads and cars. The state of Aboriginal health is a disgrace and I don't understand how you can see otherwise.

Quote:
 
So please don't just repeat your ignorant homogenised propaganda.
Quote:
 
If you want to argue this point please only play the ball. If our augment can help there position please argue hard.
Just do not play the man.
What on earth are you talking about? You just played the man by telling me I am spewing ignorant, homogenised propaganda! :lol :lol :lol
Edited by Dr Kinetoscope, 14 Dec 2013, 02:23 PM.
Architecture Porn
ShadBerg's torrid Macrobusiness love affair
Profile "REPLY WITH QUOTE" Go to top
 
Sober
Default APF Avatar


Trojan
28 Nov 2013, 01:02 PM
Not that long ago, ignoring starving children whilst lobbying the government to improve your own situation from the top 10% to the top 5% in the world was called greed ...
Oh, that's precious...

So civic-minded behaviour--in the Australian case, striving to improve local conditions within an already rich country--is greed?!?

Bullshit.
Profile "REPLY WITH QUOTE" Go to top
 
peter fraser
Member Avatar


Here is a video explanation from Michael Mauboussin explaining how much luck is involved in investment decisions, and other factors like the dumb money effect.


Any expressed market opinion is my own and is not to be taken as financial advice
Profile "REPLY WITH QUOTE" Go to top
 
Trojan
Default APF Avatar


Sober
14 Dec 2013, 05:06 PM
Oh, that's precious...

So civic-minded behaviour--in the Australian case, striving to improve local conditions within an already rich country--is greed?!?

Bullshit.
Lets not misquote people now. People are more than entitled to strive and improve their own situation ... I do it everyday.
By all means work harder to improve your own personal financial situation.

Its the lobbying the government to change the laws so you can get richer ... whilst there are more needy people around - that's greed.
Edited by Trojan, 18 Dec 2013, 01:22 PM.
I put trolls and time wasters on my ignore list so if I don't respond to you, you are probably on it ....
Profile "REPLY WITH QUOTE" Go to top
 
Foxy
Member Avatar
Zero is coming...

Dr Kinetoscope
14 Dec 2013, 02:22 PM
So out of your 1000's of aboriginal mates only one said things are better? Case closed then.
I'm talking about pre and post colonialism Peter, not the difference between having or not having material things like roads and cars. The state of Aboriginal health is a disgrace and I don't understand how you can see otherwise.



What on earth are you talking about? You just played the man by telling me I am spewing ignorant, homogenised propaganda! :lol :lol :lol
I never said it was easy.
Peter
:pop:
If i played the man, sorry. I retract that statement.

peter fraser
18 Dec 2013, 08:39 AM
Here is a video explanation from Michael Mauboussin explaining how much luck is involved in investment decisions, and other factors like the dumb money effect.


It is luck before you win, skill after you win.
Peter
:to:
Edited by Foxy, 19 Dec 2013, 05:15 AM.
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
Profile "REPLY WITH QUOTE" Go to top
 
1 user reading this topic (1 Guest and 0 Anonymous)
« Previous Topic · Australian Property Forum · Next Topic »
Reply
  • Pages:
  • 1
  • 2
  • 4



Australian Property Forum is an economics and finance forum dedicated to discussion of Australian and global real estate markets and macroeconomics, including house prices, housing affordability, and the likelihood of a property crash. Is there an Australian housing bubble? Will house prices crash, boom or stagnate? Is the Australian property market a pyramid scheme or Ponzi scheme? Can house prices really rise forever? These are the questions we address on Australian Property Forum, the premier real estate site for property bears, bulls, investors, and speculators. Members may also discuss matters related to finance, modern monetary theory (MMT), debt deflation, cryptocurrencies like Bitcoin Ethereum and Ripple, property investing, landlords, tenants, debt consolidation, reverse home equity loans, the housing shortage, negative gearing, capital gains tax, land tax and macro prudential regulation.

Forum Rules: The main forum may be used to discuss property, politics, economics and finance, precious metals, crypto currency, debt management, generational divides, climate change, sustainability, alternative energy, environmental topics, human rights or social justice issues, and other topics on a case by case basis. Topics unsuitable for the main forum may be discussed in the lounge. You agree you won't use this forum to post material that is illegal, private, defamatory, pornographic, excessively abusive or profane, threatening, or invasive of another forum member's privacy. Don't post NSFW content. Racist or ethnic slurs and homophobic comments aren't tolerated. Accusing forum members of serious crimes is not permitted. Accusations, attacks, abuse or threats, litigious or otherwise, directed against the forum or forum administrators aren't tolerated and will result in immediate suspension of your account for a number of days depending on the severity of the attack. No spamming or advertising in the main forum. Spamming includes repeating the same message over and over again within a short period of time. Don't post ALL CAPS thread titles. The Advertising and Promotion Subforum may be used to promote your Australian property related business or service. Active members of the forum who contribute regularly to main forum discussions may also include a link to their product or service in their signature block. Members are limited to one actively posting account each. A secondary account may be used solely for the purpose of maintaining a blog as long as that account no longer posts in threads. Any member who believes another member has violated these rules may report the offending post using the report button.

Australian Property Forum complies with ASIC Regulatory Guide 162 regarding Internet Discussion Sites. Australian Property Forum is not a provider of financial advice. Australian Property Forum does not in any way endorse the views and opinions of its members, nor does it vouch for for the accuracy or authenticity of their posts. It is not permitted for any Australian Property Forum member to post in the role of a licensed financial advisor or to post as the representative of a financial advisor. It is not permitted for Australian Property Forum members to ask for or offer specific buy, sell or hold recommendations on particular stocks, as a response to a request of this nature may be considered the provision of financial advice.

Views expressed on this forum are not representative of the forum owners. The forum owners are not liable or responsible for comments posted. Information posted does not constitute financial or legal advice. The forum owners accept no liability for information posted, nor for consequences of actions taken on the basis of that information. By visiting or using this forum, members and guests agree to be bound by the Zetaboards Terms of Use.

This site may contain copyright material (i.e. attributed snippets from online news reports), the use of which has not always been specifically authorized by the copyright owner. Such content is posted to advance understanding of environmental, political, human rights, economic, democratic, scientific, and social justice issues. This constitutes 'fair use' of such copyright material as provided for in section 107 of US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed for research and educational purposes only. If you wish to use this material for purposes that go beyond 'fair use', you must obtain permission from the copyright owner. Such material is credited to the true owner or licensee. We will remove from the forum any such material upon the request of the owners of the copyright of said material, as we claim no credit for such material.

For more information go to Limitations on Exclusive Rights: Fair Use

Privacy Policy: Australian Property Forum uses third party advertising companies to serve ads when you visit our site. These third party advertising companies may collect and use information about your visits to Australian Property Forum as well as other web sites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here: Google Advertising Privacy FAQ

Australian Property Forum is hosted by Zetaboards. Please refer also to the Zetaboards Privacy Policy