Monday, April 25, 2022 11:39:59 PM
frustration whose thesis depends on success but disappears when sucess comes is not usual and requires no faith
almost all exploration in terrestrial israel could be called a wildcat situation. there is no guarantee on any stock, especially a wildcat oil exploration.
many invest in penny stocks-which zn technically is now[though otcmarkets.com denotes zn with a penny stock exception] bc of the risk reward equation.
in blue chips we cannot compete w big investors, almost all of whom operate through inside information -hired hackers /investigators or simply bribery like the chinese do etc - such even buy land where the transatlantic cables come ashore, place their supercomputers there and trade via HFT before anybody else in the amercias even receive the info
but i will also note the whole world operates as if they deserve what they get-
that includes the most immoral sports heros who earn over 20 million per year for doing the only thing many of them are good at, whereas many with several doctors degrees who have merit but donate their services even as pioneers to serve mankind may receive peanuts
lawyers get paid even if they never achieve anything on behalf of their clients - the same for doctors etc
and what about kids who graduate high school who cant write anything except their name
-on and on it goes
Brown et al has also received a lot of abuse and its possible he wont reap in this lifetime - but he hasnt given up- he has given his life in the quest-if they have a commercial well many may hail him as a hero- if they go bust he may be hailed as the son of hitler - the result doesnt reflect the effort -the applause or opprobrium is entirely dependant on what he does for others finances-what does that say about those who depend merely on what he does for OUR finances - at the very least that we are in this solely for the monetary reward- the worst outcome is for those who in frustration switch eternal allegiance, as i've seen on many stock boards.
in law school when they asked ppl what their reasons for presumably becoming a lawyer were some said 'i want to earn as much as a plumber or electrician'
in the last few decades it seems all the world has embraced a philosophy of unbelievable unbridled greed which never fails to surprise me
Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts. They don't believe what they say, so why should you?
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