2011-09-22, 15:20 | Link #16721 | ||
Knight Errant
Join Date: Dec 2007
Location: Dublin, Ireland
Age: 35
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The other problem with commodities is that if you're trying to actually make money off them (IE speculate), then you're basically playing the "who's the bigger fool" game. You can make money off it, sure, but I think the chances are that you're just going to get caught up in one of the many speculative bubbles that happen every 10 years or so and lose everything. Better to buy something because it makes money, and you think it will be making more money in the future. Inevitably stock prices end out following how well a company is doing after all... I don't know, I feel like making money off of speculating or day trading is ethically no better then gambling. In both cases you're making money by doing nothing productive, and in both cases it's very easy to get duped by better players. And in stock trading, the house always wins. How much are your underwriting costs guys? Quote:
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2011-09-22, 15:42 | Link #16724 | |
Senior Member
Join Date: Aug 2010
Location: Boston
Age: 34
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http://www.telegraph.co.uk/science/8...-of-light.html
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2011-09-22, 15:44 | Link #16725 |
Knight Errant
Join Date: Dec 2007
Location: Dublin, Ireland
Age: 35
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If I knew what, I'd be already doing it. I don't know how to even start a business, I've never had any significant kind of job. I know how to do engineering mathematics, and write eloquent forum posts, not much else.
It really is pretty bad here, only 1 of my friends managed to get a decent job after college. Another managed to get one through family connections. And I know 3 or 4 others who are doing Masters. The rest are unemployed, like me, or working at Dominoes. All college educated. Would you like me to talk about Thermodynamics while you wait for your order? I can analyse your car's fuel efficiency if you like... |
2011-09-22, 16:07 | Link #16727 |
Gamilas Falls
Join Date: Feb 2008
Location: Republic of California
Age: 46
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Time travel isn't what I would go for. Practical faster than light travel would be the angle of practical uses to get us to other worlds and actually remove our "limited" resources problem if we can get materials from other worlds in a practical and economic fashion.
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2011-09-22, 16:23 | Link #16728 |
Senior Member
Join Date: Dec 2005
Location: France
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They probably screwed up somewhere.
In this article, they sound super confident, but in the french articles I have read, they said that they were checking their measurements since the early results in march, and since they haven't found anything wrong yet and that the news was starting to leak, they published it. Well, there was not much emphasis on the second part, but it's not a very good sign for something that important. |
2011-09-22, 16:52 | Link #16729 | |
I disagree with you all.
Join Date: Dec 2005
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2011-09-22, 17:37 | Link #16730 | |
Obey the Darkly Cute ...
Author
Join Date: Dec 2005
Location: On the whole, I'd rather be in Kyoto ...
Age: 66
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http://www.pbs.org/wnet/need-to-know...t-apply/10736/ http://money.cnn.com/2010/06/16/news...pply/index.htm http://www.nytimes.com/2011/07/26/bu...m-jobless.html Good luck with that (at least in the US). Banks aren't lending, Large Corp. dominate nearly every "business space", and clients don't want you without ridiculous requirements that only Large Corp. can satisfy. If I were wearing a tin foil hat, I'd say its a conscious concerted effort to leave people no choice but be a serf for the Machine. I'm helping my son start his business but, its being done on a shoestring, our shoestring :P
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2011-09-22, 17:43 | Link #16731 | ||
Knight Errant
Join Date: Dec 2007
Location: Dublin, Ireland
Age: 35
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It makes it all feel rather futile. It's easy to become Nihilistic in those circumstances. |
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2011-09-22, 18:56 | Link #16732 |
I disagree with you all.
Join Date: Dec 2005
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Bit of a problem. Again, I don't know the Irish situation, but in France, we've got programs that let you alternate study and work. They're advantageous for the enterprises because they get a cheap worker and/or tax credits. Don't you have things like that? Of course, there's always the risk of the enterprise abusing the system and just using new interns instead of offering a permanent position to the one they allegedly trained.
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2011-09-22, 19:13 | Link #16733 | |
Senior Member
Join Date: Jan 2009
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2011-09-22, 19:45 | Link #16735 |
Gamilas Falls
Join Date: Feb 2008
Location: Republic of California
Age: 46
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I see relations with Iran are peachy as normal.
http://www.usatoday.com/news/world/s...p0hop6fnhCIEM4
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2011-09-22, 21:02 | Link #16738 | ||||||
NYAAAAHAAANNNNN~
Join Date: Nov 2007
Age: 35
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Personally I have never touched Honeywell, but I believe it is good enough as a tech stock to buy. IBM is probably a nice short term place to put your money, but with the advent of cloud computing Google might end up being a better choice; though I don't know when there will be a sell-off for us to buy. Though I am looking forward to HP being the uke in a M&A plan. Quote:
And it isn't helping that the government isn't encouraging enterprise in potential sectors like renewable energy, cloud computing and electronic distribution and transaction. They seemed more focus on helping their Big Corp political allies in generating more revenue rather than diversifying the market. The US of A is built on a culture of brand, which many people can use it to capitalise on, and thus it creates an easy market for those who do their homework and are willing to make mistakes. Donald Trump can tell you all about it in his books, but people just don't like to listen to "a real estate mogul cheating on his people" - sometimes the people you don't like dish out good advice. Quote:
With regards to commodities, 5 minutes ago as of this post it is taking a dive. CNOOC should be a good buy.....I am checking after I get back from the optometrist. Quote:
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2011-09-22, 22:32 | Link #16739 | |
books-eater youkai
Join Date: Dec 2007
Location: Betweem wisdom and insanity
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2011-09-23, 02:29 | Link #16740 | |
NYAAAAHAAANNNNN~
Join Date: Nov 2007
Age: 35
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As for the USDCAD exchange rate, you are right about it going down from 1.3 to 1.0 in a few years due to the lack of demand of the CAD, but I am more inclined to think that the Yanks are not really importing much from everywhere else, so their demand for foreign goods actually affected world currencies as an overall (USDSGD used to be 1.4, but now it is 1.2).
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current affairs, discussion, international |
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