Comments on: One finds one is Ethical after all http://ultimibarbarorum.com/2008/04/15/one-finds-one-is-ethical-after-all/ Thu, 26 Jan 2012 01:53:59 +0000 hourly 1 http://wordpress.com/ By: baruch http://ultimibarbarorum.com/2008/04/15/one-finds-one-is-ethical-after-all/comment-page-1/#comment-1845 Thu, 17 Apr 2008 15:30:32 +0000 http://ultimibarbarorum.wordpress.com/?p=161#comment-1845 wow that’s only sort of ethical — presumably the destitute tribes would exploit gambling addicts. Sorry phones are more ethical.

Don’t contragulate me. I should have been short or long puts.

]]> By: Byrne http://ultimibarbarorum.com/2008/04/15/one-finds-one-is-ethical-after-all/comment-page-1/#comment-1844 Thu, 17 Apr 2008 14:49:50 +0000 http://ultimibarbarorum.wordpress.com/?p=161#comment-1844 Yesterday I checked NOK’s price and considered congratulations, but decided it would be premature. Today I saw the headlines and considered condolences. Premature again!

It won’t do to let the Third World know that occasionally, first-world profits come from good luck and cold feet. I had a similar experience with Multimedia Gaming (MGAM) — the company was doing good of a sort by working with destitute tribes to make them a fortune from not-so-Native gamblers. But their business model was to basically finance their customers’ purchases, and hope for no bad debts. Bought at $20, got scared at $30, lucky enough not to jump back in since.

]]> By: baruch http://ultimibarbarorum.com/2008/04/15/one-finds-one-is-ethical-after-all/comment-page-1/#comment-1843 Thu, 17 Apr 2008 11:01:50 +0000 http://ultimibarbarorum.wordpress.com/?p=161#comment-1843 of course, this makes me less ethical.

]]> By: baruch http://ultimibarbarorum.com/2008/04/15/one-finds-one-is-ethical-after-all/comment-page-1/#comment-1842 Thu, 17 Apr 2008 11:01:07 +0000 http://ultimibarbarorum.wordpress.com/?p=161#comment-1842 whew. Got the willies this morning and sold all my calls for a profit before the quarter. Clever Baruch! Stock down gazillions.

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