Re: UNCIVIL UNIONS
Lance McLain <lance-X3DuywwxauBWk0Htik3J/[email protected]>
| Newsgroups | gmane.music.dadl.ot |
|---|---|
| Message-ID | <[email protected]> |
On Mar 10, 2011, at 12:47 PM, Peter T. Chattaway wrote: > On Thu, 10 Mar 2011, Lance McLain wrote: >> On Mar 10, 2011, at 11:20 AM, Peter T. Chattaway wrote: >>> On Wed, 9 Mar 2011, nicholas a. evans wrote: > >>>> Not that all or even necessarily most rich fall into one those >>>> categories. But "working hard" is not a good enough justification >>>> for taking the lion's share of the profits. >>> "Taking the biggest risk" could be, though. >> >> How about taking none of the risk and all of the gain? That is the >> modus operandi of wall street. > > I wasn't thinking of Wall Street, but since you mention it, isn't > buying shares supposed to be something of a gamble? Buying shares is for the retail player like us. The big guys get you to buy the shares for them (through pension funds or mutual funds or crazy derivatives) then they structure the deal so you take the losses and they get the gains. regards, -Lance -- dadl-ot mailing list http://mail.thehood.us/mailman/listinfo/dadl-ot_thehood.us http://news.gmane.org/gmane.music.dadl.ot