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Porsche crashes into controversy in the ultimate 'short squeeze'

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    #71
    Originally posted by sasguru View Post
    Or spend years writing buggy software that no one wants or needs?
    This is acceptable too so long as it is self funded or funded without taxpayers unless it is sufficiently proven that such development can be in public interest.

    Either way such activity is what I call "self-contained", if it fails it does not affect others, unlike when hedge funds raping companies like VW at will - this negatively affects a lot of people for no good reason at all. Now if Hedge Funds invested long term into alternative fuels and their companies came up with new engines that totally kill VW, then it's fair play - but they don't do anything like it, in fact hedge funds don't invest anything - they just engage in rampart market manipulation.

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      #72
      Originally posted by AtW View Post
      This is acceptable too so long as it is self funded or funded without taxpayers unless it is sufficiently proven that such development can be in public interest.

      Either way such activity is what I call "self-contained", if it fails it does not affect others, unlike when hedge funds raping companies like VW at will - this negatively affects a lot of people for no good reason at all. Now if Hedge Funds invested long term into alternative fuels and their companies came up with new engines that totally kill VW, then it's fair play - but they don't do anything like it, in fact hedge funds don't invest anything - they just engage in rampart market manipulation.
      So what do you think of the fact that Porsche made most of its profits from market speculation and has been described as a "hedge fund with a car showroom"?
      Hard Brexit now!
      #prayfornodeal

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        #73
        Originally posted by sasguru View Post
        So what do you think of the fact that Porsche made most of its profits from market speculation and has been described as a "hedge fund with a car showroom"?
        They were defending their long term investment - if a robber is using a gun to mug you then it's only fair to use your own gun and defend yourself. If the robber gets shot in the process then he should not have been trying it.

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          #74
          Originally posted by AtW View Post
          .. if a robber is using a gun to mug you then it's only fair to use your own gun and defend yourself. If the robber gets shot in the process then he should not have been trying it.
          This simple, homespun wisdom sounds remarkably like the thoughts of Pol Pot:

          "The sick are as sly as rabbits, and can swallow a whole pot of rice."

          "If you do not complete your task during the day, you will complete it by night."

          "Work is a fight: you blaze like fire and reduce tree stumps to ashes."
          Hard Brexit now!
          #prayfornodeal

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