And another bear bites the dust... mbga9pgf's epiphany....

StevieJ

Graham_Devon wrote: »

I wonder what it's like in Hamish's world?

Jesus, he'd twist the three little pigs into the wolf being a saviour and not actually blowing the house down, but literally blowing the house up to make it worth more.

The Hamish analogy is pretty good description of attempted market timing in all its applications.

fc123

LydiaJ wrote: »

But I don't think it's supposed to be that at all.

Very briefly: Goats want to go to lush pasture but have to cross bridge with troll underneath. Smallest goat goes over. Troll threatens to eat. Goat says "I'm small, my brother's coming soon. You'll get more meat on him." Troll lets goat go over. Repeat with second goat. Third goat goes over. Troll tries to eat goat. Goat throws troll in river. Troll never seen again. Goats happy in pasture.

The troll isn't really a main character. He's a hazard, a standard "baddie". He's not supposed to want to eat the goats at all. One doesn't expect the moral to be drawn from his experience, any more than one expects the moral of "Snow White" to be about how the witch/queen/stepmother could have succeeded in killing Snow White. But I can't find a moral from the goats' point of view. "Make sure you have powerful allies"??? "Try to get your enemies to attack somebody else"???

....Thanks for the resume LJ.....saved me some prescious reading time for something else....maybe Noahs Castle/. I looked it up and I think it's a kids book published by Puffin. Amazon suggested some end of oil stuff too. Maybe I will get one of those too...to cheer myself up sometime.:D

I read the tale as 'waiting for something bigger/ better comes along' then,
by not compromising earlier on, it bit him on the a$$.

I do so hate to be personal but sometimes you meet/interreact with someone and you can almost guess their job before they tell you. Like Lemon jelly for example. I do feel safer knowing that mgjb**** is part of our national security team as, if it was me facing armed invaders, I would be a bit 'oh no, after you *steps aside* me kill? oh I don't think so, I am feeling very Buddhist today'' and so on. I had no idea it was so well paid though....but he may be very frugal so best not say anything. Sssshh.

Hamish, the board uber babe, is very corp and scary but I bet he get's things done on budget, to spec and on schedule...no early...bam bam bam. I am working with Hamish's at the mo..terrifying, utterly terrifying but, man, it's get's you raising your bar. A Good Discipline.

Cleaver

fc123 wrote: »

I do feel safer knowing that mgjb**** is part of our national security team as, if it was me facing armed invaders, I would be a bit 'oh no, after you *steps aside* me kill? oh I don't think so, I am feeling very Buddhist today'' and so on. I had no idea it was so well paid though....but he may be very frugal so best not say anything. Sssshh.

Maybe someone else can find it, but I'm sure he put up his budget once. From what I can remember he spent pretty much nothing every month, and I seem to remember him saying that he didn't ever buy anyone a gift, because it's a corporate way of wasting money, or something like that. I suppose we'd all have £100k if we never spent a penny more than we needed to.

Horses for courses I guess.

Edit: found the thread: http://forums.moneysavingexpert.com/showthread.html?t=1477277&highlight=soa

mbga9pgf wrote: »

Complete trot. Consumerism is a sickness in my mind, a weak trait in individual personalities. Having been to some of the most medieval countries on this planet, you get to appreciate what is important in life. And its not buying/receiving loads of presents. Its appreciating what you have got, who you have around you. Its really sad that people associate spending more money than they have as living.

Try seeing a family destroyed by war and you wake up pretty damn quickly into realizing what really is important in life. I will give you a clue. Its not the latest BMW or mobile phone. Having watched a father grieve his dying daughter in the back of an aircraft hammers that home.

I'm still slightly confused why you can't appreciate the situation of seeing someone grieve for their daughter and still buy people you love and like the odd prezzie, but there we go.

Rinoa

Graham_Devon wrote: »

It's this stuff which get's on my wick.

I'm simply not. What I am, is a person with an opinion. And what Rinoa stated about the road to nowhere, and laughing icons, annoyed me, as the poster, whether real or not, has made a plan and stuck to it, and achieved what he set out to do in terms of saving to buy.

Personally, I admire that.

Sadly, like many on HPC, mbga9pgf's plan was to cheer for a recession with base rates hiked to create mass unemployment.

With millions on the dole and sky high mortgage rates his plan was to hope for the upmost distress to hit the maximum number of families. With repossessed homes flooding the market he could then neatly step in and secure a property for a pitance. No doubt patting himself on the back for his brilliant strategy.

You may admire his plan, personally I'm overjoyed it failed miserably.

nearlynew

Rinoa wrote: »

Sadly, like many on HPC, mbga9pgf's plan was to cheer for a recession with base rates hiked to create mass unemployment.

With millions on the dole and sky high mortgage rates his plan was to hope for the upmost distress to hit the maximum number of families. With repossessed homes flooding the market he could then neatly step in and secure a property for a pitance. No doubt patting himself on the back for his brilliant strategy.

You may admire his plan, personally I'm overjoyed it failed miserably.

Hey coumbo-llox, have you heard ............?


Me and McTw@ish are mates now.

Graham_Devon

Rinoa wrote: »

Sadly, like many on HPC, mbga9pgf's plan was to cheer for a recession with base rates hiked to create mass unemployment.

With millions on the dole and sky high mortgage rates his plan was to hope for the upmost distress to hit the maximum number of families. With repossessed homes flooding the market he could then neatly step in and secure a property for a pitance. No doubt patting himself on the back for his brilliant strategy.

You may admire his plan, personally I'm overjoyed it failed miserably.

Oh stop twisting what I said. If you can't respond to what I have said without twisting it into me supporting his "plan" (Which is no different to you wanting prices to continue rising by the way, just a different effect), then don't bother responding at all.

As soon as something is twisted, and you have to imply that I'm supporting him merely because we disagree on this, you've lost any shred of credibility you had in the discussion in my view.

I actually said I admired him for setting himself a target and saving up.

Kohoutek

It's scary what percentage of the country's wealth must be tied up in property - it probably partly explains why 30% of UK government debt is foreign held, as opposed to 7% in Japan for example, and why companies like Cadbury were majority foreign owned.

I'm sure the liars loans culture of the 2000s managed to feed the bubble substantially too, at the cost of diverting a large proportion of the income of tens of thousands of people into mortgage payments.

FATBALLZ

Rinoa wrote: »

Sadly, like many on HPC, mbga9pgf's plan was to cheer for a recession with base rates hiked to create mass unemployment.

With millions on the dole and sky high mortgage rates his plan was to hope for the upmost distress to hit the maximum number of families. With repossessed homes flooding the market he could then neatly step in and secure a property for a pitance. No doubt patting himself on the back for his brilliant strategy.

You may admire his plan, personally I'm overjoyed it failed miserably.

Is it wrong to hope for a short-term recession to correct a long term economic & social problem? It is an ingrained problem with human nature, that few people are able to accept short-term pain for long term gain. Particularly if they aren't going to be around for the long term.

Rinoa

FATBALLZ wrote: »

Is it wrong to hope for a short-term recession to correct a long term economic & social problem? It is an ingrained problem with human nature, that few people are able to accept short-term pain for long term gain. Particularly if they aren't going to be around for the long term.

Certainly not. But i don't belive mbga9pgf's plan was instigated for the greater good. Like many on HPC his only concern was to secure a cheap property for himself at the expense and misery of others.

fc123

Cleaver wrote: »

Maybe someone else can find it, but I'm sure he put up his budget once. From what I can remember he spent pretty much nothing every month, and I seem to remember him saying that he didn't ever buy anyone a gift, because it's a corporate way of wasting money, or something like that. I suppose we'd all have £100k if we never spent a penny more than we needed to.

Horses for courses I guess.

Edit: found the thread: http://forums.moneysavingexpert.com/showthread.html?t=1477277&highlight=soa



I'm still slightly confused why you can't appreciate the situation of seeing someone grieve for their daughter and still buy people you love and like the odd prezzie, but there we go.

Originally Posted by mbga9pgf
Complete trot. Consumerism is a sickness in my mind, a weak trait in individual personalities. Having been to some of the most medieval countries on this planet, you get to appreciate what is important in life. And its not buying/receiving loads of presents. Its appreciating what you have got, who you have around you. Its really sad that people associate spending more money than they have as living.

Try seeing a family destroyed by war and you wake up pretty damn quickly into realizing what really is important in life. I will give you a clue. Its not the latest BMW or mobile phone. Having watched a father grieve his dying daughter in the back of an aircraft hammers that home.

Stuff like this as part of your everyday work is going to affect how you think...not saying bad or good....just saying ....so maybe we should give the guy a bit of slack? He's an angry soul and the anger is sometimes directed at old people who need to use the NHS and who have big houses that they bought for tuppence......but, maybe other stuff prompts the anger then it get's funnelled into a different thing. Like a kind of coping strategy?