UNITED AIR LINES TO LAY OFF 950 PILOTS

gatt writes:

Ironically it's owned by a bunch of Russian immigrants. (Actually, it's
owned by their bank.)

Why is that ironic?

yedyegiss writes:

Explain how, in the current economic climate, American airlines can
increase revenue indefinitely.

It depends on the airline. Southwest is doing okay. United is not. They
both exist in the same climate. The difference between them is in management.

Mxsmanic wrote in
:

Dave Doe writes:

There ya go - yer wrong - you *are* arrogant.

Expressing an opinion is not arrogance, even if the opinion conflicts
with your own.


Nobody said it was.


You'd be right if the investor was ignorant. But most won't be -
they'll have a diverse range of investments that in most cases
provide a secure return well above bank interest rates.

Most investors are woefully ignorant, and trust others to manage their
investments. Often that trust is misplaced.

Sure there's risk, but to call it gambling is absolutely fallicious.

Or at least it seems that way until your luck runs out.



At last, speaking on a subject you know something about.


Being down and out.

Bertie

Mxsmanic wrote:
Dave Doe writes:

There ya go - yer wrong - you *are* arrogant.

Expressing an opinion is not arrogance, even if the opinion conflicts with
your own.

Irrelevant.

It is the opinions themselves that are arrogant.

You'd be right if the investor was ignorant. But most won't be -
they'll have a diverse range of investments that in most cases provide a
secure return well above bank interest rates.

Most investors are woefully ignorant, and trust others to manage their
investments. Often that trust is misplaced.

Irrelevant whether it is true or not.

Most invenstors don't do futures, i.e. the subject of this thread.

--
Jim Pennino

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Mxsmanic wrote:
writes:

A house has little or no intrinsic value?

The title to the house may have very little intrinsic value in comparison to
its apparent value on paper.

Ignorant blather.

A house, the legal ownership of which is determined by the title, is a
commodity item that has whatever value it has based on what the market
is willing to pay at any given time.

There is no such thing as "its apparent value on paper".

If I buy a bag of potatoes at $0.69/lb on Wednesday and they go on sale
for $0.49/lb on Friday, am I gambling when buying potatoes and have my
otatoes become basically worthless?


--
Jim Pennino

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Mxsmanic wrote:
gatt writes:

Ironically it's owned by a bunch of Russian immigrants. (Actually, it's
owned by their bank.)

Why is that ironic?

That's obvious to me.

Maybe you need to be an American to understand.


--
Jim Pennino

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writes:

Irrelevant.

It is the opinions themselves that are arrogant.

Only people can be arrogant; opinions cannot.

Irrelevant whether it is true or not.

Hmm.

Most invenstors don't do futures, i.e. the subject of this thread.

Several types of investment have been alluded to in this thread.

writes:

A house, the legal ownership of which is determined by the title, is a
commodity item that has whatever value it has based on what the market
is willing to pay at any given time.

That is not intrinsic value. Intrinsic value is the value of something
independent of its market value. You can live in a house, and that is part of
its intrinsic value. It retains this value even if nobody wants to buy it (a
market value of zero).

There is no such thing as "its apparent value on paper".

Its apparent value on paper is the nominal price that someone would be
expected to pay to buy it.

If I buy a bag of potatoes at $0.69/lb on Wednesday and they go on sale
for $0.49/lb on Friday, am I gambling when buying potatoes and have my
otatoes become basically worthless?

You're gambling if you buy them as a financial investment. They still have
intrinsic value because you can eat them.

writes:

That's obvious to me.

Then explain it to me.

Maybe you need to be an American to understand.

No, that's not it.

Mxsmanic wrote:
writes:

Irrelevant.

It is the opinions themselves that are arrogant.

Only people can be arrogant; opinions cannot.

It is only people that can express opinions.

Arrogant people express arrogant opinions.


--
Jim Pennino

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