07-06-2013, 09:24 AM
'admin' pid='25339' dateline='<a href="tel:1373050 Wrote:Sigh.
- I wanted Bonk here because I want an obviously intelligent person to look at every possible way where our investment thesis might be wrong or weak, whatever his motives. I know the long argument for IOC, I think it doesn't hurt to see, or engage in discussions about, counterarguments from people who are several cuts above the Minkows and Gefverts. I hope you know what a confirmation bias is.
- I don't see what this has to do with the 'discussion' at hand?
- A short position is borrowing shares and selling them with the aim of buying them back cheaper. The fact that you can recreate short positions with options, or whether you call some of these short positions as well is an interesting semantic discussion, but completely besides the point I am making
- That point is, that if you ascribe something to a person, especially one that can't defend himself here, you have to provide a link to where he said that. If not, this forum can quickly degenerate into a free for all where people ascribe all sorts of things to any person they feel fit. Not my kind of forum.
- To his credit, Bonk usually abides by that. To my irritation, you don't, and neither did Eric, with me almost invariably on the receiving end of that. Which is why it might seem curious I defend him on this, but it's simply a matter of principle. I want this to be a better forum than Yahoo.
You have yet to provide a link to Eric saying he shorted (whatever that means) when IOC was at $10.
STP, I agree with point one. As for JFT, it may be best to,let it rest at this point, I am not a referee but....

