Some very basic human activities are #Hunting, #Fishing, #Trapping, and #Herding (it might stretch the metaphor to include #Farming). In all these activities #Humans are the #Predator and the rest of #Nature is the #Prey. The trouble with this is we don't very often get to think about some humans as the predators and other humans as the prey. I can guarantee Captains of Industry instinctively know that you are their prey and use it to their advantage; they also get away with it and get rewarded by society with respect and admiration. Think about this quote for a moment:
Eddie Izzard wrote:
Pol Pot killed 1.7 million people. We can't even deal with that! You know, we think if somebody kills someone, that's murder, you go to prison. You kill 10 people, you go to Texas, they hit you with a brick, that's what they do. 20 people, you go to a hospital, they look through a small window at you forever. And over that, we can't deal with it, you know?
Someone's killed 100,000 people. We're almost going, "Well done!
You killed 100,000 people? You must get up very early in the morning. I can't even get down the gym! Your diary must look odd: “Get up in the morning, death, death, death, death, death, death, death – lunch- death, death, death -afternoon tea - death, death, death - quick shower…"
So back to the main point. If you don't know what the warning signs are that you are the prey in the securities business, you will be somebody's dinner entrée. If you have no experience as a predator, you should watch a bunch of nature shows or search the Internet for hunting tips. In lieu of that and to get you started, here are a few scenarios.
When fishing, a common formula is a lure, a hook, and a line. The lure pretends to be easy food for the fish. In finance, the lure can be two businessmen in a public place acting as if they are having a private conversation about a stock that is about to go big. Instead, they are having a purposefully public conversation about a stock they need to get suckers to buy, and you are the audience. They don't know for sure, but they think when you take that bait and get on the hook by buying the stock, you will unwittingly volunteer yourself as bigger bait to hook more and/or bigger fish. They expect you to tell friends and loved ones about the "hot inside info" you got by being lucky.
When hunting there are callers for a variety of specific animals; mating calls. Their's nothing better for attracting mammals than shouting "Who wants to get laid?" in public places, am I right? Well, it works in general. So how does the finance community use mating calls? They do it by proxy. They know people thing having more money is a proxy for getting laid more often. Their mating call is to make you think you are in for a lot of money if you do something that they are broadcasting breathlessly to the public in an urgent voice. The last wave I recall with a massive push was for "Pot Stocks". It was because some of the States in the USA decided to decriminalize or even legalize marijuana possession and consumption. It's almost a given that everybody instinctively knows that the demand for cannabis is huge so it's woefully assumed that stocks which do work in that newly freed industry will all be very valuable. That kind of assumption is what makes a duck swim towards a gun. Most of the ticker symbols being hyped during the mating call cycle are dead & buried already. Some of them were thin-air type shell companies, others were ill-advised entrepreneurs who were "high on their own supply," or "believing their own fever dreams." One way or the other, they took a lot of money from people thinking they were going to get rich quick and probably get laid next. They spent that money and nobody is getting it back. That doesn't mean there aren't reasonable companies worth investing in within the cannabis industry. I'm in one myself. It just means that if you think you're investing "of your own free will" after a massive broadcasting campaign urging people to do it, it was NOT your own free will.
When herding, the Shepard typically employs trained dogs that get special treatment for convincing the herd to follow a predefined path which is best for the rancher, not for the herd. The dogs see the rancher/cowboy give signals on what to do, and they go out and deliver the message by barking at the herd along the edges where the ranchers chattel starts to try moving off the course. In finance, the barking dogs are all over the place. One of the most iconic characters I love to hate is Jim Cramer of the show Mad Money. He is perhaps the least refined of all the dogs. I cherish the time Jon Stewart showed the world that Jim Cramer is one of those shepherding dogs. (see full interviews part 1 and part 2 on Comedy Central) In the part 2 segment it's revealed that he was causing the owners of his own hedge fund (his herd) to act in a way to depress its value because he took a bet that it would go down. It's akin to shearing sheep. It's really hard to find people telling the public how to invest who aren't just shepherding dogs for some wealthy rancher trying to turn you into chattel on their ranch. You don't need to learn everything about finance to be safe, but you do have to really understand where you will wind up if you take somebody's advice.
I think I made my point here. I hope this helps you to stay safe in your investing endeavors, and always remember ... stay frosty.
This #Podcast is noteworthy, especially if you genuinely want to live in a more #Sustainable way with respect to the #Environment. It might mean you have to change the way you chose #Clothing and other #Apparel, but you'll be doing the right thing for the right reasons.
Next time you buy clothes, buy ones that will last longer, and keep them longer. Own fewer items. Consider getting and giving items at consignment shops. Look into repairing clothes instead of discarding them; all my childhood jeans had iron-on patches in the knees.
A great episode investigating #UnconsciousBias in #Academia (where they think they are imune). I didn't really have a clue what Unconscious #Bias was before hearing about it in this episode, but now I kind of know that I don't fully understand something I knew nothing about before.
I've often heard people hurry to inject the argument that we should select based on #Merit, not by skin color or sex-organs at birth, whenever #AffirmativeAction or some other hiring rules come to play and it sounds tempting to accept it despite that its usually angry white males who deliver that argument. This #Podcast delivers #objective, #empirical #evidence that refutes the idea that our current society can accurately perform #MeritBased #Hiring even when we are trying to do it. We must do some kind of skewing of our aim to be on the ideal target because our unconscious bias is making us perform consistently off target.
Screaming Into The Void: How Outrage Is Hijacking Our Culture, And Our Minds
[He said knowingly with a smug sense of #Outrage and #Righteous #Indignation.] The gist of this episode is that we have #Evolutionary reward systems to be outraged at a person's reprehensible actions, but that sub-system was developed with small groupings of humanoids in face-to-face interactions, not #Electronic #SocialMedia.
There are lots of things to say about this episode of the #HiddenBrain #Podcast, and I'll start with my own personal worry that I'm part of the problem. I feel like I'm posting important content that is worth people's time to think about and I'm convinced that it will lead to a better world, but...
I also have this #Hypothesis that EVERYBODY thinks they are doing the right thing for the right reasons at all times. If I scrutinize the state of affairs at the times in my past when I made regrettable mistakes, I could see how I was mistakenly doing wrong while thinking I was the hero doing the right thing, AND making the world a better or safer place! If I give a #Deplorable person's actions a charitable review, I can see how they are misguided and thought they were doing the right thing and were making the world a better place despite doing the opposite with their actions.
It seems like open-minded #Discourse with people who are #Disagreeable to your position (as opposed to you personally), is a great way to find out when your favorite idea isn't built on solid ground.
If you think you are an #Influencer somewhere on the #SurveillanceCapitalism #SocialMedia or on a #Federated system, I urge you to listen to this short and powerful podcast and reflect on yourself with unbiased scrutiny to see if you are part of the problem or part of the solution.
Turn on the news or look at Twitter, and it's likely you'll be bombarded by outrage. Many people have come to believe that the only way to spark change is to incite anger. This week on Hidden Brain, how outrage is hijacking our conversations, our communities, and our minds.
So why are #Bonds (or specifically #Treasuries), going in the @Stock Picking Discussionyou ask? Because their's very few long-range indicators of what the future will be like. (My personal favorite is population, but that will be another post because it's highly nuanced.)
Sean McHenry & Kai Ryssdal really condense a message and translate it well to normal language so that its obvious why you should care about the #BondMarket and #IntrestRates / #Yeild on a daily or weekly basis.
@Grant Rostig Hey, WTF are you doing with those weird email invitations for people to join this server then friend you? They went to my outbound mail handler at mailgun and bounced off the authentication wall. They landed in my servers rejected mail inbox. I just noticed them tonight after upgrading Friendica.
Why don't you just do regular eMail with whatever you used to sign up with?
Excuse me but I don't swear at people and don't expect to hear that from moderators. I used your built in software's functionality and wondered why I didn't get those emails. I determined that Friendica has at least one bug in that area, or the config was wrong. I'm a professional programmer and was not causing trouble. Also you might want to make such comments in private messages.
Also you might want to make such comments in private messages.
just let me know with a kill it reply and I'll go admin and delete the post and replies in reverse order.
A few nuances to go over first...
In my capacity as this account, I'm not a moderator, I'm a regular user. In the future, a different person may be managing the admin account, so I try to live philosophically the part in each account for future continuity. I can see how you would justifiably blend them since I, as a user, had privileged info of the admin. Usually, I don't because I rarely go on as admin.
Excuse me but I don't swear at people
Seriously? You're a Baptist or something? You would probably despise me in real life. I swear a lot, but almost always at inanimate objects that don't perform as expected. And how are you equating a "WTF" with a swear word? It's a colloquial thing that means extreme alarm and surprise. It's not an ad-hominem attack. I think you do know that though.
I determined that Friendica has at least one bug in that area, or the config was wrong. I'm a professional programmer and was not causing trouble.
Great, report it on GitHub. But why didn't you spin-up your own Friendica server to do that kind of testing? You could have even done it in some containerized environment or on a virtual box.
That's up to you if you want to take the worst possible reading of it. You're trying to be literal and not literal at the same time. "WTF" was an adverb attached to the action of what you were doing, not you as a human, but if you need this for a win, fine.
Also, the string literal "WTF" is different than the explicit "what the fuck" in a similar way as the expression "the N-word" is. You must get offended by the world very often.
I am evaluating Friendica, but using your installation. I did a simple "invite others" and it failed and it got me shouted at by you. At this point I don't think I want to take the time to actually install and test Friendica, nor attempt to write bug reports. I did however take the time to describe it to you so you would test it yourself.
This one I was totally ignorant about. I didn't even know that feature was a thing. I never noticed before today and apparently you are the first person to have used it. I'm going to have to see if I can turn it off. I don't think I can.
Getting shouted at? Weird flex but okay. I had monotone in my head when writing it, just like everything in this thread so far. Next time I'll send a video link.
Part of benefiting from open-source systems is being a good citizen and helping to improve it. You should have taken the time to report it. I will do your work for you.
It doesn't seem to be a configuration error. It does seem like when it was initially coded, it assumed too much about how eMail would be transported on a generalized system. I am behind a DHCP connection so have to use a service like MailGun to get my outbound eMail to work. Someday (maybe) I'll be able to afford a static IP.
As I posted the report (https://github.com/friendica/friendica/issues/7690), I realized that the link might only be visible in one of the themes, though it's directly available on any Friendica site because it's part of the core. I found no admin interface settings to tweak its content or turn it off.
I'm a #Skeptic because of my experiences in life. I'm an #Optimist about the nature of our collective #humanity being more #good than #bad. I'm a #Pessimist about the people in power being far more likely to be #sociopathic than the population at large. This new thing the Financial Times is doing, #TheNewAgenda, well, it seems genuine.
They are mumbling or at least saying quietly, "hey #Capitalism, you're we're doing it wrong." They seem to be reporting with a #perspective of #introspect and #reckoning of overdue #liability #accounts of industrial capitalism. Typically, big-capitalism doesn't do introspect, it only does short term plans to beat their competitors to death.
I know it's very easy to put on a false front and get people to think you're doing something good when the #hidden #agenda, the true goal, is bad for most people. I'm going to presume innocence on the #FT here until proven otherwise. The FT was really good before this new "New-Thing" so I'm optimistic about it.
The FT Newspodcast called News In Focus just recently reviewed that recent question of, "did #Iran do the damage to the #Saudi #oil production facility?" The FT talks about claims of where the weapons were launched from and who built them as well as other nations having a consensus building and decaying over who to blame.
I'm personally not convinced yet by any claims of who did it, but if the #USA (my home country) wants to claim that #Iranian looking #weapons means Iran did it, I'm gonna have to call bullshit and fuck-you. We never find the time to blame ourselves for all the #death and #carnage that our weapons do in the hands of others! I'm leaving Iran off the hook on this one so far.
Make sense of a disrupted world Your browser does not support playing this file but you can still download the MP3 file to play locally. A devastating missile and drone attack on Saudi oil installations last week highlighted the vulnerability of global oil supplies to the threat of regional unrest. The attack was claimed by Houthi rebels fighting ...
I just love this Jennifer Briney #Podcaster! From the April-2013 CD024: Let’s Gut the STOCK Act episode where she first—in a non-partisan way—"gives the game away" of how unethical our "elected" officials can be, to the latest show where she reveals where she's coming from personally and ethically. She turns Congressional Gruel into palatable delicacies for the hungry masses. A true #Journalist.
This is the online version of the Popular Information newsletter. You can get independent accountability journalism in your inbox every week. Sign up here: The "I Love America" Facebook page boasts 1.1 million fans, with viral content that reaches more Facebook users than some of the largest media outlets in the United States. A typical post is a celebration of the U.S. military and patriotism.
and it gave us a very foreboding message about one of the very real possibilities we are facing worldwide if my countries #Asshole in the #WhiteHouse continues making decisions to profit his ego and his massively wealthy donors bottom-lines.
The show paints a grim picture for the future, but it's not a dystopian fantasy, it's a likely outcome.
Because I tend to be a contrarian, I looked for a silver lining. This type of an economic downturn, while it's helping the rich, hurting the middle-class, and not affecting the poor, it will be helping the fight against #ClimateChange. We will be doing less of everything that releases carbons into the atmosphere, and less of everything that degrades the earth and sea.
This one is so new that the #Podcast isn't even available on the Gaslit Nation website yet. I used the Lybsyn podcast manager to get the content here.
Olga "knows where the bodies are buried" when it comes to #NYC #Mobsters. She's in the know with the #Jewish and #Russian #Mob's and she's naming names, and putting string from one person to another.
The #RudyGiuliani thing was amazing. #Giuliani as the NY State Prosecutor got famous for going after Organized Crime, but now I see that was just him using public funds to clear out the #Italians so that the #Russians he was connected to could have it easier.
If you are on Twitter, you know that there is no one more deeply versed on the Russian mafia’s incursion into American business and politics than New York’s Olga Lautman, a freelance researcher and analyst who worked on Craig Unger’s House of Trump, House of Putin and on Malcolm Nance’s The Plot to Betray America, among other projects. Raised on Brighton Beach and fluent in Russian, Lautman was wise to the danger of Donald Trump from the start.