May 29, 2006

Another thought of the day

From HP'er Itjusthitthefan:

The music just stopped. Did you get a chair?


Anonymous said...

I rent.


keith said...

the decisions people made will look so stupid years from now

goodness, what were we thinking?

greed got the best of us, so so many of us

uknowwhoiyam said...

greed got the best of us, so so many of us

I have no problem with greed, per se.

Isn't greed what's driving your gold investments, Keith? What drove you to sell your home in AZ?

Greed is right. Greed works. Greed clarifies, cuts through and captures the essence of the evolutionary spirit. Greed, in all of its forms - greed for life, for money, for knowledge - has marked the upward surge of mankind and greed is what drives us as human beings to better our lives.

(Partially plagiarized, but not from Mad Max)

keith said...

there's a difference, a fine line, between greed and sane investing

but greed is human nature. greed is good, as we've heard before. I'm as greedy as the next.

But I'm also smart enough to get out while the getting is good, hope you did too.

Anonymous said...

greed is believing you can put $10,000 down and make $500,000 in one year.

greed is not buying $10,000 worth of gold or google and getting a 20% return

Anonymous said...

Yes, I got a chair.

A nice house free and clear from all the real estate bubble profits.

Don't care what the market value of my primary domicile does...

In fact would like it to stay same or drop cause that would keep the property tax from being hiked!

Its amazing how clear you can think when you treat your own personal house like your car... a living expense period!

Anonymous said...

A few trend chasers got into GOLD for the "free money" thing... this is drivin by GREED.

But most long term gold bugs have been accumulating for years and will continue to buy the dips until the global trade imblances level out and long term political stability returns. This may not happen for 20+ years, and if the peak-oil guys are right, it may never happen again.

devestment said...

Housing panic, we got the couch!

Robert Coté said...

Never stood up outta my chair and I'm the guy that sold the next to last chair as well. Wait until we find out 40% of the people who got chairs when the music stopped were only holding places for a few flippers. When the music starts up again 10 chairs and 6 players.

Stuck in so Pa. said...

Own outright, no debts, owe nobody except for normal day to day. My chair is glued to my butt and will stay there. Never got up to play, never will. Feel sorry for those that did. (Well, NO, not really!!!)

zinger said...

"It's glued to my butt"

I LOVE IT!!!!!

Same thing here.