Trump Pal Sold Millions in Steel-Related Stock Days Before Tariff News

[juleswin]

What's wrong with that again? His job is to make money. And he made a fortune in Herbalife. Not to mention it just hit new all time highs. The Ponzi scheme allegation are five years old. At some point you have to admit you are wrong.

Good people are hurt by ponzi schemes and secondly there is more to life than making money. Integrity counts for something.

 

[timosman]

Good people are hurt by ponzi schemes and secondly there is more to life than making money. Integrity counts for something.

Nice try, Mr. Integrity.

Do not let them use your values against you.

 

[nikcers]

Nice try, Mr. Integrity.

Do not let them use your values against you.

That's not a joke, good natured people tend to get taken advantage of by people who use their empathy against them.

 

[nikcers]

Good people are hurt by ponzi schemes and secondly there is more to life than making money. Integrity counts for something.

We are all for free enterprise and greed that creates competing ideas and pits ambition against ambition which brings the best out of humanity and causes the least amount of people to go hungry. That doesn't mean someone is ethical because they did something unethical that was in their personal interests

 

[juleswin]

Nice try, Mr. Integrity.

Do not let them use your values against you.

Why are u trolling me? I never said I was Mr. Integrity. But I have some integrity and I will not engage in any money making venture that I believe hurts people. That means, no MLM ponzi schemes, 419 romance scams, will not sell hard drugs, will not pimp young women, work for the military or any MIC company etc etc no matter how bad I need the money.

Some people on the other hand don't care how the money comes in.

 

[juleswin]

We are all for free enterprise and greed that creates competing ideas and pits ambition against ambition which brings the best out of humanity and causes the least amount of people to go hungry. That doesn't mean someone is ethical because they did something unethical that was in their personal interests

Did u mean to say "someone is unethical" instead of ethical?

 

[Krugminator2]

Good people are hurt by ponzi schemes and secondly there is more to life than making money. Integrity counts for something.

1. It was ruled to not be a Ponzi scheme
2. The role of a market participant is to make money. I would consider passing on a good investment a lack of integrity from a public money manager like Icahn. His job isn't to be a moral arbiter.

 

[nikcers]

Why are u trolling me? I never said I was Mr. Integrity. But I have some integrity and I will not engage in any money making venture that I believe hurts people. That means, no MLM ponzi schemes, 419 romance scams, will not sell hard drugs, will not pimp young women, work for the military or any MIC company etc etc no matter how bad I need the money.

Some people on the other hand don't care how the money comes in.

What if the hard drugs were legal to sell to someone like alcohol is and it was someone who was already addicted to them and they would die from withdrawals, or is it ethically worse to sell hard drugs to someone who has never tried them knowing they will get addicted?

 

[juleswin]

1. It was ruled to not be a Ponzi scheme
2. The role of a market participant is to make money. I would consider passing on a good investment a lack of integrity from a public money manager like Icahn. His job isn't to be a moral arbiter.

I guess you are right, I guess it would also show lack of integrity if he passed on a money making investment dealing with the trade and experimentation of fetal tissues and organs procured from abortion clinics.

Some people have a moral compass that points to good vs bad, other have one that just points to profits vs loss. Not saying the man should go to prison, just not someone I will ever look up to.

 

[juleswin]

What if the hard drugs were legal to sell to someone like alcohol is and it was someone who was already addicted to them and they would die from withdrawals, or is it ethically worse to sell hard drugs to someone who has never tried them knowing they will get addicted?

Ofc, there are exceptions to every rule. I am sure if you try hard enough, u will find an exception to the rule for just about anything. I am not talking about the very rare exceptions. Also alcohol is not a hard drug.

 

[nikcers]

Ofc, there are exceptions to every rule. I am sure if you try hard enough, u will find an exception to the rule for just about anything. I am not talking about the very rare exceptions. Also alcohol is not a hard drug.

Well if you look hard enough you can "find" anything that's just humanity. I don't know how you can make exceptions on principles like non aggression or fraud being unethical.

 

[NorthCarolinaLiberty]

This argument is akin to progressives attacking the "rich" for paying few taxes. The progs neglect to mention that "rich" people actually pay attention to money instead of blowing it on lottery tickets and cigarettes.

If you're some Wall St guy, then you don't have to dig very deep to see something like this coming. While some are sitting on the couch watching tee vee, others are paying attention.


I once heard there are 3 types of people in the world:

1. Those who make things happen
2. Those who observe what happens
3. Those who wondered what happened


The people who fall into 2 and 3 always complain about this stuff.

 

[timosman]

That's not a joke, good natured people tend to get taken advantage of by people who use their empathy against them.

Only libertarians.

 

[juleswin]

Well if you look hard enough you can "find" anything that's just humanity. I don't know how you can make exceptions on principles like non aggression or fraud being unethical.

I really don't understand this post. Find anything that is just humanity? You make exception to rules because no principle covers every scenario in life. It is really that simple.

 

[nikcers]

I really don't understand this post. Find anything that is just humanity? You make exception to rules because no principle covers every scenario in life. It is really that simple.

see this: it's good to try to be aware of ones bias so you can't succumb to motivated reasoning, its a good way to logically construct things in your head.

Motivated reasoning is a form of reasoning in which people access, construct, and evaluate arguments in a biased fashion to arrive at or endorse a preferred conclusion. The term motivated in motivated reasoning refers to the fact that people use reasoning strategies that allow them to draw the conclusions they want to draw (i.e., are motivated to draw). Of course, people are not always motivated to confirm their preferred conclusions. Actually, they sometimes are motivated to draw accurate conclusions. However, the term motivated reasoning refers to situations in which people want to confirm their preferred conclusion rather than to situations in which people’s reasoning is driven by an accuracy motivation.

 

[nikcers]

I really don't understand this post. Find anything that is just humanity? You make exception to rules because no principle covers every scenario in life. It is really that simple.

No principle fits the definition of the word principle than. I guess words mean different things to different people.

 

[specsaregood]

If you are interested in reading about him, read King Icahn. Great read. A lot of the Gordon Gekko scenes like the shareholders scene were based on real life events from Icahn in the 80s. Just the stories in the book on how he negotiates are super entertaining and insightful. I use the Icahn method of wearing people down for everything now.

I really enjoyed the book, its a bit dated now but gave a lot of history and insight into the man. thanks.