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Still think TITNC3: Return of the Iceberg was peak

Discussion in 'Stocks & Investments' started by kairo, Oct 6, 2020.

  1. Jun 8, 2022 at 7:18 PM
    kairo

    kairo [OP] >_>

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    Psychopathy leads people to strive for roles to where they demand dominion over everyone else. I think it's pretty much just that. It's not money after a certain point, it's just power and neuroticism. Normal people do not seek to acquire billions of dollars and control the world. Normal people want to have a family and live quiet comfortable lives free from fearing if they have to use an ambulance to get a medical treatment taken care of it won't bankrupt them.

    Look at it from a very high macro level. We have plenty of resources to ensure that every person gets what they need. But the system is built around the most willing, most rich, and most arrogant stealing what they can get with no regard for everyone else.

    If you're born poor and stupid, fuck you, right? Shoulda learned how to stonk.
     
  2. Jun 8, 2022 at 7:26 PM
    kairo

    kairo [OP] >_>

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    Here's the other bone I have to pick with that argument.

    40 years in a GOOD career will do that. Which means: We don't need warehouse laborers, hotel staff, fast food workers, sanitation workers, clerks, retail cashiers, or the person that cleans your hospital bedsheets.

    None of those people can work for 40 years on their wages and retire in any way relative to what you or I can. Do we just say, "lol fuck you for being dumb and unmotivated"?

    "Well, get educated and get a better job!" is the response to all of that

    It's circular logic. If we as a society can't take care of the people that do the shitty jobs that none of us want to do, eventually the services stop.
     
  3. Jun 8, 2022 at 7:27 PM
    jandrews

    jandrews Hootin' and Hollerin'

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    The rest of your post, I'll just say a lot of times wealth is circumstantial. Buffet and Gates don't seem to have any interest in controlling the world. They made stuff that created a ton of value for a ton of people and it just adds up over decades.

    This however:

    It's a real issue. Our economy is essentially based on knowledge now and intelligence is earning power. We do NOT have a good answer, in the current model, for "how does our society provide a good life to someone not smart enough to be economically valuable?"

    I personally like Charles Murray's proposed solution:

    https://youtu.be/wjTq8EFiv6o
     
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  4. Jun 8, 2022 at 7:28 PM
    jandrews

    jandrews Hootin' and Hollerin'

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    See above.
     
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  5. Jun 8, 2022 at 7:28 PM
    theesotericone

    theesotericone Well-Known Member

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    I do.
     
  6. Jun 8, 2022 at 7:29 PM
    kairo

    kairo [OP] >_>

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    L M F A O

    Ok. Sure.
     
  7. Jun 8, 2022 at 7:29 PM
    kairo

    kairo [OP] >_>

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    You're an outlier. You know what the fuck options are, and you're smart enough to work a job that pays you well, even if it's sawing lumber. You're not underprivileged, and you have a brain that works.
     
  8. Jun 8, 2022 at 7:38 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    @kairo’s guest house having a water with @not_nick
    Under development
    His brain works, kinda. see BBIG :D
     
  9. Jun 8, 2022 at 7:38 PM
    kairo

    kairo [OP] >_>

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    That's just the biscuit joiner talking
     
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  10. Jun 8, 2022 at 7:43 PM
    BudFriendguy

    BudFriendguy TRD BRGLR

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    Based.
     
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  11. Jun 8, 2022 at 7:48 PM
    jandrews

    jandrews Hootin' and Hollerin'

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    Are you trying to increase your wealth so you can control the world?
     
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  12. Jun 8, 2022 at 7:51 PM
    cartter469

    cartter469 Professional Idiot

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    don't forget the part where he saws into his finger too
     
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  13. Jun 8, 2022 at 7:52 PM
    kairo

    kairo [OP] >_>

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    I just want to buy a house with ocean access and some property. I'll put an electrified barbed wire fence around it, and buy a 24' fishing boat so I can chill on the water all day.

    I've zero desire to tell any other person what they should do with their life. I'm interested in getting as far away from humanity as I can.
     
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  14. Jun 8, 2022 at 7:52 PM
    jandrews

    jandrews Hootin' and Hollerin'

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    I'm gonna nitpick this. He's not an outlier. He's a smart guy, figured out pathways to be properly compensated for what he does, which is real work that has real value. Ask the people livin' in his Folding Windows house.

    I have yet to meet a stupid tradesman. Plenty of stupid itinerant unlicensed unbonded uninsured meth heads. But not tradesmen.

    I really feel like we do the world a disservice by characterizing blue collar work as a "less than".
     
  15. Jun 8, 2022 at 7:53 PM
    jandrews

    jandrews Hootin' and Hollerin'

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    Alright. Relatedly: Has Warren Buffet personally forced you to do anything you didn't want to do in the past month?
     
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  16. Jun 8, 2022 at 7:54 PM
    kairo

    kairo [OP] >_>

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    He's an outlier. Ask him what the rest of his crew makes relative to him. Guarantee you he's got a bunch of $15/hr nail drivers working alongside him.

    Pinecone has had a very interesting life. He's choosing to do what he does now, not because he needs the money, but because he has skills where he can make money.
     
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  17. Jun 8, 2022 at 7:55 PM
    kairo

    kairo [OP] >_>

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    I work for a company owned by a holding corp under the BRK umbrella. So actually, yes lol

    I obviously won't go into details, but my end of June plans with my GF are cancelled that we had set months ago
     
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  18. Jun 8, 2022 at 7:56 PM
    jandrews

    jandrews Hootin' and Hollerin'

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    You can change jobs. Why do you choose not to?
     
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  19. Jun 8, 2022 at 7:57 PM
    kairo

    kairo [OP] >_>

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    Because I'm not one of the people that serves you fries at the Wendy's
     
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  20. Jun 8, 2022 at 7:58 PM
    jandrews

    jandrews Hootin' and Hollerin'

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    I'm sure I don't need to elucidate on skill and experience impacting pay. C'mon man. Good faith.
     
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