You don't even have to look at large crowds. Since you wrote that you favor simplicity, you can just look at the one guy who shot a man in the back while he was lying on his stomach.
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Ayn Rand and trading...
- Thread starter Zachpence
- Start date
Quote from Thunderdog:
Isn't it way cool being righteously indignant and generally better than all the "masses?" (And just after reading one book and declaring, "It's all about me! Me, me, me!")
Paraphrasing Adam Smith on free markets: Each individual, in pursuing his own self interest, shall be led, as though by an invisible hand, to achieve the common good. (This from the other book I read, Wealth of Nations)
Quote from Zachpence:
I simply don't understand how one could trade without a "philosophy." The reason I asked the question was because I assumed that most good traders stick to a plan, which would be the equivalent of integrity in an abstract sense. It would seem that those with more "integrity" would make for much better traders -- regardless of the chosen moral code -- compared to those with more "cognitive dissonance," i.e. those more discretionary with their trading (averaging down poorly, removing stops, hoping, etc.). And of course, I use the term discetionary loosely, and I am by no means passing judgment or picking a fight; I raise a fair point.
Another reason I raised the question was because most "egotistical-son-of-a-b****-Ayn-Rand-worshipping-cult-members" have an outlook on money that is very appealing to me (as exemplified in Francisco's money speech in Atlas Shrugged), and since we are all obviously here to make money, I was hoping to find a few people who shared that "guiltless" love of it.
I also think it is fairly ridiculous to attack Ayn Rand personally as a means of arguing against her philosophy. Heidegger was a member of the NSDAP. Thomas Jefferson had sex with slaves. Lot... screwed his daughters... We have our good days and our bad.
I just wish people wouldn't turn to Wikipedia to form opinions about people and their ideas. If you've read her and don't like her, and hate her philosophy, cool. If you haven't, I have something for you:
It wasn't Wikipedia that formed my opinion of AR (invalid assumption which I addressed in my post in order to quell that issue), rather a a convenient vehicle for overview. Note the number of references there. I come across discussions that make me want to post--so I did. My opinion is my own and apologize for rancorous prose if perceived as such. I won't begin explicating my thoughts on AR as my interest in her is practically nill. I have been trading/investing for 30 years and don't understand the fascination with her and that is what caught my attention. Have at it.
Best of luck
Quote from Stosh:
Paraphrasing Adam Smith on free markets: Each individual, in pursuing his own self interest, shall be led, as though by an invisible hand, to achieve the common good. (This from the other book I read, Wealth of Nations)
Nonsense.
Since when do self-interests strive towards a common good?
Since when can anyone claim there is a clear path to the common good?
Israel and Hamas are both being self-interested, among many other political/economic examples, are their actions pursuing the common good? One would have to be a fool to answer in the affirmative.
On a side note, it's really sad when somebody reads one sided books and cherry picks philosophy to support their political beliefs. Unfortunately, I think that's what most people do.
Quote from stefan_777:
Nonsense.
Since when do self-interests strive towards a common good?
Since when can anyone claim there is a clear path to the common good?
Israel and Hamas are both being self-interested, among many other political/economic examples, are their actions pursuing the common good? One would have to be a fool to answer in the affirmative.
On a side note, it's really sad when somebody reads one sided books and cherry picks philosophy to support their political beliefs. Unfortunately, I think that's what most people do.
What is your point
regards
f9
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