is greed good???

[SilverBullet]

No. Greed is not good.

"The love of money is the root of all kinds of evil." --Jesus.

This from someone who at length on being wise with 'this worlds goods.'




----this forum should not involve religion, it only sets the stage for conflict.....we are all traders here, and we all do it for the money. The free capitalistic world was built on an inherent quest for money, were it not for this, markets would not exist, and neither would this forum.

 

[MrDinky]

Originally posted by DaqTrader

Originally posted by daniel_m


Yeah, well Jesus' understanding of money and economics was obviously zilch. This same moron also recommended giving away all your posessions to the poor - oblivious to the fact that you don't help the poor by becoming one of them.



What an Idiot you are Daniel_M(oron)

If I remember right, that story was about some rich young guy who thought he was ready to go to heaven because he didn't cheat, steal, or kill anyone. Jesus' recommendation (to this one individual) to give everything he had to the poor and the young man's inability to do this showed that his first love was money.

I'm listening to Radiomargaritaville as I'm writing this and Jimmy Buffett's singing "who's gonna save you, when you're a slave to, a diamond as big as the ritz..."

 

[Thug_Life]

"Times are rough, oh I got
too much stuff"

 

[Publias]

Originally posted by MrDinky

Jimmy Buffett's singing "who's gonna save you, when you're a slave to, a diamond as big as the ritz..."

Yes life is much more then just what your two hands can grab...

 

[Babak]

Chasinfla,

I thought that "the lack of money was the root of all evil".

 

[daniel_m]

Originally posted by rs7

But calling Jesus a "moron" is just intentionally looking for bad feelings. It is obvious to us all that Chasinfla takes his beliefs seriously, and is entitled to. To attack his beliefs in a mean-spirited way is not "right".

I won't get into a discussion on whether it is "right" or "wrong" rs7, but I long ago gave up sugar coating my reaction to religious nonsense. For my part, I, too, am offended when this Jesus character openly threatens me with eternal torment - for no malicious act, only for refusing to buy his tall story.

Why bring this up on a trading forum?
Isn't it reasonable to assume that a fear of making money (lest it be considered impiuos) could have a negative effect on trading results? Absolutely. Have I done wrong for arguing against what, in my opinion, is a ridiculous notion? I hope not.

 

[daniel_m]

Originally posted by Babak
Chasinfla,

I thought that "the lack of money was the root of all evil".

That's another thing I was gonna mention Babak.
Lack of money has been the cause of far more "evil" than the love of money. Anyway, it's not really the money itself that is desirable - the actual bills and coins or numbers in the bank - it's what money represents to you (freedom, power, prestige, whatever). It's just a means to an end, nothing more.

Furthermore, even the lack of money hasn't been the cause of all "evil". Was 9/11 motivated by lack/love of money? Pretty doubtful. (Was it an evil act? Surely) Timothy McVeigh? No.
Colombine massacre? No. And that's just a few examples.

 

[Thug_Life]

Originally posted by daniel_m
Isn't it reasonable to assume that a fear of making money (lest it be considered impiuos) could have a negative effect on trading results?

No.

 

[Andre]

Hmm. Tell you what, when I first was reading alot of the interviews with traders, they did talk about being worthy of such gains. I kind of bleeped over it. But to make money in the markets, someone is going to lose money. I now see this issue as something one must deal with, to be successful.

There are conflicting beliefs in our society. Rags to riches stories are idolized. Yet, wealthy people are ridiculed. In countless Hollywood stories the blue collar person innocently asks the trader or wealthy person... "But what do you do." There's something unethical cast upon trading for a living, when compared to someone who works with their hands.

But how many people push papers and market someone else's labor? There's a whole world of people sitting atop the laborer or craftsman in the food chain.

So yes, I think it's perfectly reasonable to suggest that discomfort in making money is very real and could have a negative effect on trading results. I think resolving the issue of making money in a market that usually means the person on the other side has lost money... needs to be reconciled in each person before real success can occur.

 

[illiquid]

Jesus is the root of all good threads going down the crapper. . .