Investment Talk

 

1. Be afraid—be very afraid…

   You’re thinking with your brain, not with your endocrine system.  I used to have a sheet explaining the significance of economic news.  They could be up or down: unemployment, interest rates, the deficit, the balance of trade, the dollar, etc. etc.
   In either case, up or down, this was a BAD THING and you ought to panic and sell immediately.

   Posted by Oink       02/23/2005  at  10:54 AM  



2. Oink, I think you are over-reacting.  Traditionally, those who panic, in any situation, economic or otherwise, do very poorly in life, generally speaking.  When the shit hits the fan I take the bull by the horns and kick its ass.  I say, “Act, but don’t react.”

   Yesterday was also a high water mark for the NZ dollar, but it fell back again.

   Like I said before, I’m no economic genius, but fluctuations are normal.  Let the Euro rise to 2:1 (EU$:US$) and things will change for the better.  In the end, buy some gold and save your money because the economy is FAKE!!!  I deal in the natural laws of physics, not the whims of man.

   Posted by Illegitimi Non Carborundum       02/23/2005  at  06:22 PM  



3. I prefer to invest in Brazilian Gold-Denominated Perpetual Zero Coupon Bonds. (think about it)

   Every intangible is based on a ‘whim’, or the valuation of the market if you please.  So is the value of tangible assets, come to think of it. Your house, your car is worth what someone is willing to pay for it.  The economy is no more a fake than the concept of “The Law” is a fake—both are human constructs. (sort of—actually they evolved) Our language is the same thing; it doesn’t obey the laws of physics.
   Welcome to the Wonderful World of Fuzzy Logic.
   P.S. Those imaginary perpetual bonds would never pay either principle or interest, but no cause for alarm, they’re based on gold! 

   Posted by Oink       02/23/2005  at  06:41 PM  

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