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Grex > Agora46 > #15: Socially REsponsible Investing (long) | |
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| Author |
Message |
| 25 new of 104 responses total. |
rcurl
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response 65 of 104:
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Jun 27 16:07 UTC 2003 |
Insects have convulsions?
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mdw
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response 66 of 104:
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Jun 27 17:29 UTC 2003 |
Nicotine is a stimulant. Presumably it screws up insect nervous systems
in high enough concentrations. It screws up human nervous systems as
well, it's just that most people don't eat their cigarettes, but choose
other consumption methods that kill less efficiently.
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ruru
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response 67 of 104:
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Jul 4 04:36 UTC 2003 |
nothing
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pvn
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response 68 of 104:
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Jul 4 07:37 UTC 2003 |
"Socially Responsible Investing" in the stock market is an oxymoron.
Only a moron would invest in the stock market based on being "socially
responsible". The purpose of the stock market is to make money. What
you personally do with that money after you make it is up to you.
I admire charity and practice it personally but I personally think that
anyone who practices it as an investment strategy is an idiot - and I
encourage such from an investment strategy.
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mdw
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response 69 of 104:
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Jul 6 01:33 UTC 2003 |
Silly me, and I thought the purpose of a stock exchange was to encourage
*investment* and thereby facilitate the creation and expansion of group
enterprises.
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pvn
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response 70 of 104:
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Jul 6 04:47 UTC 2003 |
To make money. Commerce is the goal.
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rcurl
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response 71 of 104:
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Jul 6 17:19 UTC 2003 |
mdw is correct: the purpose of the stock exchange is to raise capital for
business ventures. However the stock exchange is then used by others for
earning money. The ventures for making money without supporting productive
business are called casinos.
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slynne
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response 72 of 104:
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Jul 6 17:30 UTC 2003 |
I think it is perfectly reasonable for people to have other
considerations besides just money. In fact, I think it would be pretty
unethical for a person to invest in a company they knew was doing
something morally repugnant to them.
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gregb
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response 73 of 104:
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Jul 6 23:23 UTC 2003 |
Anybody know what the state of day-trading is these days?
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mdw
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response 74 of 104:
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Jul 7 01:43 UTC 2003 |
Last I heard, the 'close your eyes and stick a pin in the newspaper"
stock investment strategy was still pretty good. Of course, everybody
likes to think there's more science to it than that.
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pvn
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response 75 of 104:
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Jul 7 06:10 UTC 2003 |
Yeah, some folk use a trained monkey.
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pvn
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response 76 of 104:
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Jul 7 06:10 UTC 2003 |
...but it has to be a borrowed monkey.
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gull
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response 77 of 104:
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Jul 7 14:33 UTC 2003 |
As one commentator put it, "if market timing worked, we'd all know it,
because the person who figured it out would own just about everything by
now."
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klg
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response 78 of 104:
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Jul 7 16:19 UTC 2003 |
re: "#71 (rcurl): mdw is correct: the purpose of the stock exchange
is to raise capital for business ventures..."
Which would be the case for initial offerings, but not for the buying &
selling of existing shares/bonds held by the public.
and: "The ventures for making money without supporting productive
business are called casinos."
Or, in many areas, public schools (and various other government
enterprises).
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tod
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response 79 of 104:
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Jul 7 16:51 UTC 2003 |
This response has been erased.
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tpryan
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response 80 of 104:
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Jul 7 17:55 UTC 2003 |
What, is EnRon really selling at 4 cents a share. Heck, buy
a 100 or so. YOu can only lose $400, unlike those that bought it
first low price of $19/share.
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janc
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response 81 of 104:
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Jul 7 18:45 UTC 2003 |
Dunno about the state of Washington. The state of Texas has no income tax
(I actually spent some time trying to figure out where to get state tax
forms the first year I lived there). They have high sales taxes and do
a crappy job of funding their schools, resulting in noticably crappy schools.
Sure was nice not having to file a tax return though.
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tod
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response 82 of 104:
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Jul 7 19:26 UTC 2003 |
This response has been erased.
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rcurl
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response 83 of 104:
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Jul 7 19:44 UTC 2003 |
klg is, as usual, confused and just shooting off his mouth. Schools and
government programs are *non-profit* and are not "ventures for making
money".
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tod
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response 84 of 104:
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Jul 7 19:49 UTC 2003 |
This response has been erased.
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slynne
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response 85 of 104:
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Jul 7 19:59 UTC 2003 |
I've heard that Washington's public schools are kind of crappy compared
to Michigan's. I have also heard that Washington has dismal public
services. Is that a good thing or a bad thing? It's hard to say.
Seattle is less of a hole than Detroit but that could have nothing to
do with public services or tax rates or whatever. *shrug*
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klg
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response 86 of 104:
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Jul 7 20:10 UTC 2003 |
Thank you, Mr. tod. We wonder why Mr. rcurl believes that schools and
other so-called governmental and non-profit organizations do not (in
his words) "make money." We seem to recall sending significant
payments to federal, state, and local governments on an all-too regular
basis. Also, when I was employed in a voluntary hospital there seemed
to be an obsession with "making money." Perhaps Mr. rcurl does not pay
taxes. Perhaps hospitals no longer have that concern. Perhaps we are
out of touch.
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rcurl
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response 87 of 104:
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Jul 7 20:30 UTC 2003 |
No, you are out of touch. Of course schools pay their faculty, who are
employees carrying out the non-profit functions. But the school makes no
profit from this. No one would buy stock from them on the stock exchange
as they pay no dividends (and of course don't even issue stock).
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tod
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response 88 of 104:
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Jul 7 21:30 UTC 2003 |
This response has been erased.
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rcurl
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response 89 of 104:
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Jul 8 00:34 UTC 2003 |
There is an actual bus service that works from Seattle and north.
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