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11. Date: 2008-11-18 02:26:35
Subject: Re: A simple question concerning stock prices.
From: Stray Dog <s...@s...lonestar.org> Search message by this author


On Tue, 18 Nov 2008, Rod Speed wrote:

> Date: Tue, 18 Nov 2008 12:22:12 +1100
> From: Rod Speed <r...@g...com>
> Newsgroups: alt.politics.economics, misc.invest.stocks, sci.econ,
> talk.politics.misc, alt.politics
> Subject: Re: A simple question concerning stock prices.
>
> w...@y...com wrote:
>
>> Is it possible that stocks have been overpriced for several years?
>
> Nope.

Yep. Lots of things have been overpriced (oil, antiques, etc.). They are
all going into the toilet now.

>> Perhaps a DOW of 7,500 more closely represents the actual value of many equities.
>
> Or perhaps not.

How helpful is Rod Speed's answer. Not at all. DOW is not far from 7500,
just wait and see if Great Depression (slow continuous fall) starts next
year or two.

>> Maybe a depression of 3 to 5 years would restore sanity to the market.
>
> Taint gunna happen, you watch.

Idle boast made by one who really does not know shit. There is very little
clear consensus by economists on how long or how deep this recession will
be. If anything, this is the first world wide recession since the Great
Depression, and it is happening in the largest economy (US) not just some
small isolated area (like SE Asia, Argentina, Mexico, etc.,), so we're
talking major damage now.


Now, here is what you need to know about Rod Speed:


>
> "Rod Speed" <r...@g...com> wrote:
> >
> > I am a psychotic fuckwit with pathetic drug crazed delusions about
> > being hot shit on the internet, desperately cowering behind the name Rod
> > Speed <b...@i...outerspace.cranksgalore> and
> > desperately attempt to bullshit my way out of my predicament and
> > fooled only myself, as always. I also love to bully people around,
> > tell them they are liars even if they don't lie, bluff my way through
> > arguments, make idle boasts, call people names, play games like
> > "I'm-right-you're-wrong," and I love to act like an obnoxious 800 lb
> > gorilla.



Here is the Rod Speed FAQ, an antidote to Rod Speed. I didn't write it.

-------------



The "Rod Speed FAQ" read it below or at the URL for yourself.....
- - - - - - - - -
http://newsgroups.derkeiler.com/Archive/Alt/alt.inte
rnet.wireless/2006-07/ms
g00462.html
- - - - - - - - - -

After its recent emergence in the thread "How to calculate increase
of home wireless router range?", readers of this group may find
this useful. [based on a post in comp.sys.ibm.pc.hardware.storage]


Who or What is Rod Speed?

Rod Speed is an entirely modern phenomenon. Essentially, Rod
Speed is an insecure and worthless individual who has discovered
he can enhance his own self-esteem in his own eyes by playing "the
big, hard man" on the InterNet.

Rod is believed to be from Australia.


Rod certainly posts a lot. Why is that?

It relates back to the point about boosting his own self esteem by
what amounts to effectively having a wank in public. Rod's
personality, as exemplified by his posts, means he is practically
unemployable which means he sits around at home all day festering
away and getting worse and worse. This means he posts more and
more try and boost the old failing self esteem. Being unemployed
also means he as a lot of time on his hands to post in he first
place.


But maybe Rod really is a very clever and knowledgable person?

Clever? His posts wouldn't support that theory. As far as being
knowledgable, well, Rod has posted to various aus newsgroups
including invest, comms, and politics. He has posted to all as a
self professed "expert" and flames any and all who disagree with
him. Logically, here's no way any single individual could be
more than a jack of all trades across such a wide spread of
subject matter.


But maybe Rod really is an expert in some areas?

Possibly. However, his "bedside manner" prevents him from being
taken seriously by most normal people. Also, he has damaged his
credibility in areas where he might know what he's on about by
shooting his self in the foot in areas where he does not. For
example, in the case of subject matter such as politics, even a
view held by Albert Einstein cannot be little more than an
opinion and to vociferously denigrate an opposing opinion is
simply small mindedness and bigotry, the kind of which Einstein
himself fought against his whole life.


What is Rod Speed's main modus operandi?

Simple! He shoots off a half brained opinion in response to any
other post and touts that opinion as fact. When challenged, he
responds with vociferous and rabid denigration. He has an
instantly recognisable set of schoolboy put downs limited pretty
much to the following: "Pathetic, Puerile, Little Boy, try
harder, trivial, more lies, gutless wonder, wanker, etc etc".
The fact that Rod has been unable to come up with any new insults
says a lot about his outlook and intelligence.


But why do so many people respond to Rod in turn?

It has to do with effrontery and a lack of logic. Most people
who post have some basis of reason for what they write and when
Rod retorts with his usual denigration and derision they respond
emotionally rather than logically. It's like a teacher in a
class room who has a misbehaving pupil. The teacher challenges
the pupil to explain himself and the student responds with "***
off, Big Nose!" Even thought the teacher has a fairly normal
proboscis, he gets a dent in his self-esteem and might resort to
an emotional repsonse like "yeah? well your *** wouldn't fill a
pop rivet, punk", which merely invites some oneupmanship from the
naughty pupil. Of course, the teacher should not have justified
the initial comment with a response, especially in front of the
class. The correct response was "please report to the
headmaster's office right NOW!"


What is a "RodBot"?

Some respondents in aus.invest built a "virtual Rod" which was
indiscernable from the "real" Rod. Net users could enter an
opinion or even a fact and the RoDBot would tell them they were
pathetic lying schoolboys who should be able to do better or some
equally pithy Rod Speedism.


Are you saying that Rod Speed is a Troll?

You got it!


What is the best way to handle Rod Speed?

KillFile!

.





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12. Date: 2008-11-18 02:55:34
Subject: Re: A simple question concerning stock prices.
From: Baldin Lee Pramer <b...@y...com> Search message by this author

On Nov 17, 5:14 pm, Blash <b...@c...net> wrote:
> w...@y...com wrote on 11/17/08 6:43 PM:
>
> > Is it possible that stocks have been overpriced for several years?
> > Perhaps a DOW of 7,500 more closely represents the actual value
> > of many equities.
>
>     The actual value of anything is whatever someone will pay for it at a
> given moment.......

That is one way of looking at it. Another is that stock in a company
is worth the difference between its assets and its liabilities. Of
course, that depends on what people are willing to pay for its assets.
Some companies can be easily valued, like those whose assets are
buildings and equipment that is state of the art, and would be quickly
picked up by another firm in the same business, say, a CD pressing
plant.

Pramer

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13. Date: 2008-11-18 02:59:34
Subject: Re: A simple question concerning stock prices.
From: TigerLuck <TigerLuck@wild_kingdom.com> Search message by this author

Baldin Lee Pramer wrote:
> On Nov 17, 5:14 pm, Blash <b...@c...net> wrote:
>> w...@y...com wrote on 11/17/08 6:43 PM:
>>
>>> Is it possible that stocks have been overpriced for several years?
>>> Perhaps a DOW of 7,500 more closely represents the actual value
>>> of many equities.
>> The actual value of anything is whatever someone will pay for it at a
>> given moment.......
>
> That is one way of looking at it. Another is that stock in a company
> is worth the difference between its assets and its liabilities. Of
> course, that depends on what people are willing to pay for its assets.
> Some companies can be easily valued, like those whose assets are
> buildings and equipment that is state of the art, and would be quickly
> picked up by another firm in the same business, say, a CD pressing
> plant.
>
> Pramer

Assets minus liabilities is not a good measure of value.

Earning power must be taken into consideration.

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14. Date: 2008-11-18 03:05:30
Subject: Re: A simple question concerning stock prices.
From: "Rod Speed" <r...@g...com> Search message by this author

Harold Burton <h...@h...com> wrote
> Rod Speed <r...@g...com> wrote
>> w...@y...com wrote:

>>> Is it possible that stocks have been overpriced for several years?

>> Nope.

> Yep

Nope.


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Up
15. Date: 2008-11-18 03:07:04
Subject: Re: A simple question concerning stock prices.
From: Harold Burton <h...@h...com> Search message by this author

In article <ocqUk.8927$ZP4.5224@nlpi067.nbdc.sbc.com>,
TigerLuck <TigerLuck@wild_kingdom.com> wrote:

> Baldin Lee Pramer wrote:
> > On Nov 17, 5:14 pm, Blash <b...@c...net> wrote:
> >> w...@y...com wrote on 11/17/08 6:43 PM:
> >>
> >>> Is it possible that stocks have been overpriced for several years?
> >>> Perhaps a DOW of 7,500 more closely represents the actual value
> >>> of many equities.
> >> The actual value of anything is whatever someone will pay for it at a
> >> given moment.......
> >
> > That is one way of looking at it. Another is that stock in a company
> > is worth the difference between its assets and its liabilities. Of
> > course, that depends on what people are willing to pay for its assets.
> > Some companies can be easily valued, like those whose assets are
> > buildings and equipment that is state of the art, and would be quickly
> > picked up by another firm in the same business, say, a CD pressing
> > plant.
> >
> > Pramer
>
> Assets minus liabilities is not a good measure of value.
>
> Earning power must be taken into consideration.


Make that FUTURE earning power and you're on to something.

In the 60s Xerox stock was priced well above its current earning power,
but not above its future earning power.

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16. Date: 2008-11-18 03:07:31
Subject: Re: A simple question concerning stock prices.
From: "Rod Speed" <r...@g...com> Search message by this author

Some psychotic fuckwit with pathetic drug crazed delusions about
being a dog, desperately cowering behind the entirely appropriate
Stray Dog <s...@s...lonestar.org> desperately attempted to bullshit
its way out of its predicament and fooled absolutely no one at all, as always.


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Up
17. Date: 2008-11-18 03:10:25
Subject: Re: A simple question concerning stock prices.
From: Harold Burton <h...@h...com> Search message by this author

In article <6...@m...individual.net>,
"Rod Speed" <r...@g...com> wrote:

> Harold Burton <h...@h...com> wrote
> > Rod Speed <r...@g...com> wrote
> >> w...@y...com wrote:
>
> >>> Is it possible that stocks have been overpriced for several years?
>
> >> Nope.
>
> > Yep
>
> Nope.

Yep

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18. Date: 2008-11-18 03:50:13
Subject: Re: A simple question concerning stock prices.
From: Blash <b...@c...net> Search message by this author

Baldin Lee Pramer wrote on 11/17/08 9:55 PM:

> On Nov 17, 5:14 pm, Blash <b...@c...net> wrote:
>> w...@y...com wrote on 11/17/08 6:43 PM:
>>
>>> Is it possible that stocks have been overpriced for several years?
>>> Perhaps a DOW of 7,500 more closely represents the actual value
>>> of many equities.
>>
>>     The actual value of anything is whatever someone will pay for it at a
>> given moment.......
>
> That is one way of looking at it. Another is that stock in a company
> is worth the difference between its assets and its liabilities. Of
> course, that depends on what people are willing to pay for its assets.
> Some companies can be easily valued, like those whose assets are
> buildings and equipment that is state of the art, and would be quickly
> picked up by another firm in the same business, say, a CD pressing
> plant.
>
> Pramer

To illustrate the relativity of your point "in the real world", why
don't you list just 3(THREE) of the companies in the DJ30 that can be
accurately priced using your method???

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19. Date: 2008-11-18 06:16:03
Subject: Re: A simple question concerning stock prices.
From: Stray Dog <s...@s...lonestar.org> Search message by this author


On Tue, 18 Nov 2008, Rod Speed wrote:

> Date: Tue, 18 Nov 2008 14:07:31 +1100
> From: Rod Speed <r...@g...com>
> Newsgroups: alt.politics.economics, misc.invest.stocks, sci.econ,
> talk.politics.misc, alt.politics
> Subject: Re: A simple question concerning stock prices.
>
> Some psychotic fuckwit with pathetic drug crazed delusions about
> being a dog, desperately cowering behind the entirely appropriate
> Stray Dog <s...@s...lonestar.org> desperately attempted to bullshit
> its way out of its predicament and fooled absolutely no one at all, as always.


The following is more accurate....

>
> "Rod Speed" <r...@g...com> wrote:
> >
> > I am a psychotic fuckwit with pathetic drug crazed delusions about
> > being hot shit on the internet, desperately cowering behind the name Rod
> > Speed <b...@i...outerspace.cranksgalore> and
> > desperately attempt to bullshit my way out of my predicament and
> > fooled only myself, as always. I also love to bully people around,
> > tell them they are liars even if they don't lie, bluff my way through
> > arguments, make idle boasts, call people names, play games like
> > "I'm-right-you're-wrong," and I love to act like an obnoxious 800 lb
> > gorilla. And, I have an insuferable ego.



Here is the Rod Speed FAQ, an antidote to Rod Speed. I didn't write it.

-------------



The "Rod Speed FAQ" read it below or at the URL for yourself.....
- - - - - - - - -
http://newsgroups.derkeiler.com/Archive/Alt/alt.inte
rnet.wireless/2006-07/ms
g00462.html
- - - - - - - - - -

After its recent emergence in the thread "How to calculate increase
of home wireless router range?", readers of this group may find
this useful. [based on a post in comp.sys.ibm.pc.hardware.storage]


Who or What is Rod Speed?

Rod Speed is an entirely modern phenomenon. Essentially, Rod
Speed is an insecure and worthless individual who has discovered
he can enhance his own self-esteem in his own eyes by playing "the
big, hard man" on the InterNet.

Rod is believed to be from Australia.


Rod certainly posts a lot. Why is that?

It relates back to the point about boosting his own self esteem by
what amounts to effectively having a wank in public. Rod's
personality, as exemplified by his posts, means he is practically
unemployable which means he sits around at home all day festering
away and getting worse and worse. This means he posts more and
more try and boost the old failing self esteem. Being unemployed
also means he as a lot of time on his hands to post in he first
place.


But maybe Rod really is a very clever and knowledgable person?

Clever? His posts wouldn't support that theory. As far as being
knowledgable, well, Rod has posted to various aus newsgroups
including invest, comms, and politics. He has posted to all as a
self professed "expert" and flames any and all who disagree with
him. Logically, here's no way any single individual could be
more than a jack of all trades across such a wide spread of
subject matter.


But maybe Rod really is an expert in some areas?

Possibly. However, his "bedside manner" prevents him from being
taken seriously by most normal people. Also, he has damaged his
credibility in areas where he might know what he's on about by
shooting his self in the foot in areas where he does not. For
example, in the case of subject matter such as politics, even a
view held by Albert Einstein cannot be little more than an
opinion and to vociferously denigrate an opposing opinion is
simply small mindedness and bigotry, the kind of which Einstein
himself fought against his whole life.


What is Rod Speed's main modus operandi?

Simple! He shoots off a half brained opinion in response to any
other post and touts that opinion as fact. When challenged, he
responds with vociferous and rabid denigration. He has an
instantly recognisable set of schoolboy put downs limited pretty
much to the following: "Pathetic, Puerile, Little Boy, try
harder, trivial, more lies, gutless wonder, wanker, etc etc".
The fact that Rod has been unable to come up with any new insults
says a lot about his outlook and intelligence.


But why do so many people respond to Rod in turn?

It has to do with effrontery and a lack of logic. Most people
who post have some basis of reason for what they write and when
Rod retorts with his usual denigration and derision they respond
emotionally rather than logically. It's like a teacher in a
class room who has a misbehaving pupil. The teacher challenges
the pupil to explain himself and the student responds with "***
off, Big Nose!" Even thought the teacher has a fairly normal
proboscis, he gets a dent in his self-esteem and might resort to
an emotional repsonse like "yeah? well your *** wouldn't fill a
pop rivet, punk", which merely invites some oneupmanship from the
naughty pupil. Of course, the teacher should not have justified
the initial comment with a response, especially in front of the
class. The correct response was "please report to the
headmaster's office right NOW!"


What is a "RodBot"?

Some respondents in aus.invest built a "virtual Rod" which was
indiscernable from the "real" Rod. Net users could enter an
opinion or even a fact and the RoDBot would tell them they were
pathetic lying schoolboys who should be able to do better or some
equally pithy Rod Speedism.


Are you saying that Rod Speed is a Troll?

You got it!


What is the best way to handle Rod Speed?

KillFile!

.





Show messages with headings

Up
20. Date: 2008-11-18 08:27:08
Subject: Re: A simple question concerning stock prices.
From: Han de Bruijn <H...@D...TUDelft.NL> Search message by this author

w...@y...com wrote:

> Is it possible that stocks have been overpriced for several years?
> Perhaps a DOW of 7,500 more closely represents the actual value
> of many equities. Maybe a depression of 3 to 5 years would restore
> sanity to the market.

Duuhh ..

Han de Bruijn

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