Madness for Fund Managers to expect above average returns every quarter

[Crap Buddist]

Well thats what merv kings saying..... some bloke agrees with him , need to change human nature ? thats the cause they are saying......

ehh..... how does that sit with competing and being the best? what next, you can only earn 3% a quarter the rest will be seized or something ?

sick of them whinging about northen rock, let it collapse....... **** em..... **** em....

moan, moan, moan, moan moan...... **** em....

sorry...... but just get the sense these blokes and female are off the trolley if they think they need to change human nature to ease future banking and money issues.... would'nt be surprised if John Cleese stands up and says "Yes, change human nature with regards to money and throw in world peace while your at it "

Is it serious would it matter in the big scheme of things ??

 

[fibonelli]

Ecology.htm

"......The financial economy operates on the basis of compound interest, whilst nature works in harmony with simple interest: money deposited in a bank becomes more but it is difficult for an apple tree to produce a harvest with compound interest......"

".......In this way, there is disjuncture between the natural and financial economies, and the result is either the progressive destruction of nature or the absence of redistributive social justice, which has been at the root of financial crashes throughout history.......".

 

[Crap Buddist]

Dispense with your desires and limit your ambitions it is then..

nice one fib, thats that sorted, world peace next then.. hoorah for the gov. and BOE. I hope the BOE hands over any excess profits and leads by example.


http://www.bankofengland.co.uk/publications/annualreport/2007/financialstatements2007.pdf

 

[JTrader]

The BOE prints the money as & when it wants. So surely the notion of P/L is meaningless :?:

 

[Rhody Trader]

"......The financial economy operates on the basis of compound interest, whilst nature works in harmony with simple interest: money deposited in a bank becomes more but it is difficult for an apple tree to produce a harvest with compound interest......"

Actually, that's not true. Sure, if we humans consume all the apples from every tree, then there is no opportunity for compound interest. Left to it's own, however, the seeds in the apples with produce additional trees, which will then produce more apples. More trees = more seeds = more future trees = more future apples. Sounds like compounding to me.

 

[fibonelli]

Actually, that's not true. Sure, if we humans consume all the apples from every tree, then there is no opportunity for compound interest. Left to it's own, however, the seeds in the apples with produce additional trees, which will then produce more apples. More trees = more seeds = more future trees = more future apples. Sounds like compounding to me.

compound interest is consuming all the apples on every tree.

 

[Rhody Trader]

compound interest is consuming all the apples on every tree.

What? I'm not following.