Any opinions on my investment strategy

fairleads

gadgetmind wrote: »

Socialism is as socialism does. Even after it's crashed and burned, and nearly taken Europe and the ROW with it, some will still nail their colours to its mast.

Sad but true.

So Lehman Bros, Moodys and Greenspan are socialists?
Apologies for going off thread but ..........

gadgetmind

fairleads wrote: »

So Lehman Bros, Moodys and Greenspan are socialists?

Not in my book, but you seem to harbour unusual views on a variety of subjects, so why not this one?

Apologies for going off thread but ..........

I fear it was my fault and I've now given myself a stern talking to.

dunstonh

It's a very American thing to blame the recent economic disasters on 'socialism' but it couldn't be further from the truth.

although the Gordon Brown model of "if the private sector wont employ them then let the public sector do it and give the rest benefits whilst we borrow the money for everything we do" model does have more socialist roots than others.

Rollinghome

dunstonh wrote: »

although the Gordon Brown model of "if the private sector wont employ them then let the public sector do it and give the rest benefits whilst we borrow the money for everything we do" model does have more socialist roots than others.

Yep, if only we'd had more "financial advisers" flogging mortgages, unit trusts and investment bonds, things could have been so different.

fairleads

gadgetmind wrote: »

Not in my book, but you seem to harbour unusual views on a variety of subjects, so why not this one?

'fraid you missed the point, or maybe you didn't want to acknowledge that failed capitalists relied on the state (socialism) to bail them out.

gadgetmind

fairleads wrote: »

'fraid you missed the point

I suspect that even if I hit the point for a fleeting moment, you'd only go and change it.

Capitalism may not be perfect, particularly when coupled with weak or often even complicit government, but it's the best we've got.

fairleads

gadgetmind wrote: »

I suspect that even if I hit the point for a fleeting moment, you'd only go and change it.

Capitalism may not be perfect, particularly when coupled with weak or often even complicit government, but it's the best we've got.

In which case you'll probably only ever be able to suspect. (joke)

As to the second point, who gave us the NHS, and who, or rather which organisation did their best to scupper it?

gadgetmind

fairleads wrote: »

As to the second point, who gave us the NHS, and who, or rather which organisation did their best to scupper it?

A tangent off a tangent that's perpendicular to another tangent. Thinking in straight lines, and building solid arguments on solid foundations, isn't easy, but I've always found it worth that extra bit of effort.

fairleads

gadgetmind wrote: »

A tangent off a tangent that's perpendicular to another tangent. Thinking in straight lines, and building solid arguments on solid foundations, isn't easy, but I've always found it worth that extra bit of effort.

I was led to believe that tangents related to circles only, but maybe my memory is failing me. Solid arguments based on similar foundations is good. But thinking in straight lines sounds like herd mentality to me.

gadgetmind

fairleads wrote: »

I was led to believe that tangents related to circles only

Any curve can have a tangent, it's just the first differential; schoolboy maths, surely?

But thinking in straight lines sounds like herd mentality to me.

Really? Why? Clarity of thought is good, and also (it seems) lamentably rare.

Members of a herd just follow each other and there is little thinking involved. ("Herd mentality"; Oxymoron; Discuss) It's not for me, but I'm happy to observe where their footsteps thunder to see if it can suggest where I should circle next.