Privileged by Kyle Korver

[silesian]

I think his point (and it's probably correct) is that the stock market has in fact been great since inauguration 2 years ago.

Just cause the stock market is less great in year 2 than year 1 doesn't mean year 2 isn't still great.

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“Less great” means both years were great, the first year was greater.

Losing 5% in year 2 is not great, it is bad.

 

[Alfalfa]

I was house hunting and a realtor who was selling for a new community told that there were none of the wrong type of people in this neighborhood. She gave me a white person club look and said she could not say any more without getting in legal trouble. I told her it is too bad that I preferred living in a diverse community and would never buy from her. Gee I wonder if she would discriminate against a black buyer who would undermine her sales pitch.

I had a contractor tell me about his workers and contrasted them to his competitors who hire (phonetically) “hose A” (Jose) and “hose B”. This was part of his rehearsed pitch. I told him I would never hire s racist and showed him the door.

I have personally experienced hundreds of other stories like this. I guess it is possible to say “there is no racism” and not be a racist, but given the OVERWHELMING amount of evidence, I find it hard to believe.

Yep, everything I said and much more is common and mainstream. I mean, one quick look at our society, and the difference in outcomes between whites and blacks should be enough evidence to convince anyone. But nah, out of sight, out of mind, ya know. Now let me tell you about this one black person I'm friendly with...

 

[fishonjazz]

“Less great” means both years were great, the first year was greater.

Losing 5% in year 2 is not great, it is bad.

Not necessarily.

If I made 10 millions dollars this year that would be great.
If next year I made 5% less than that then it would still be great.
However if I made 15,000 dollars the next year then that would be bad

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[silesian]

Isn't this cherry picking a stat? The stock market soared once Trump was elected and through the first year. So it dipped a little bit right because it got so high. Aren't I correct on that?

Since this is a Jazz forum, let me use this Jazz related hypothetical. If the Jazz defense was allowing 105 points per game before Rudy and then gave up 90ppg with Rudy, that's an amazing improvement correct? Then if we allowed 91ppg under year 2 of Rudy, sure it's a % drop from the year before, but the ppg is still massively ahead of where we were before Rudy got here right?

In my scenario, Rudy is Trump and the 105ppg is what we allowed under Obama.

Since the graphs did not work, let me use capitalized words.

STOCKS PERFORMED BETTER UNDER OBAMA THAN UNDER TRUMP.

Since the market went up 148% under Obama, I guess the Jazz defense would be awesome without Rudy?

Y’all need to stop reading Breitbart and just look at the numbers. These are just facts, there really is nothing to debate.

 

[silesian]

Not necessarily.

If I made 10 millions dollars this year that would be great.
If next year I made 5% less than that then it would still be great.
However if I made 15,000 dollars the next year then that would be bad

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The market went down. That means people lost money, not that they made less money

 

[fishonjazz]

The market went down. That means people lost money, not that they made less money

Again. If I made 10 million this year and next year only made 9 million then that would be I lost money in relation to the previous still but it would still be pretty great.

Unless you are trying to tell me that no one made any money when you market went down which I know is untrue.

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[silesian]

Again. If I made 10 million this year and next year only made 9 million then that would be I lost money in relation to the previous still but it would still be pretty great.

Unless you are trying to tell me that no one made any money when you market went down which I know is untrue.

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We are discussing market moves not personal finance.

And if we were talking about personal finance, people some people make money every year in history. Most stock investors lost money.

For example, I had short sales that payed off when the market fell in trump year 2. But most people who invest in stocks lose money when the market drops.

But all that is moot to this discussion.

 

[fishonjazz]

We are discussing market moves not personal finance.

And if we were talking about personal finance, people some people make money every year in history. Most stock investors lost money.

For example, I had short sales that payed off when the market fell in trump year 2. But most people who invest in stocks lose money when the market drops.

But all that is moot to this discussion.

For example I have money in the stock market. It continued to grow even during the 5% decrease you speak of. Just slower

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[Alfalfa]

For example I have money in the stock market. It continued to grow even during the 5% decrease you speak of. Just slower

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How so? If the stock market shrank by 5%, and your stocks did not outperform the market, that means you lost 5% of your money. How is it growth when the market lost 5% of its value?

 

[Joe Bagadonuts]

Proof? lol. I might get back to this and explain it for the benefit of those with actual intellectual curiosity. And you can read it and dismiss it then.

This is becoming a favorite tactic of some people making far left arguments around here. Make an outrageous claim and when asked to support it refuse on the basis that you don't agree with the position of the person asking for proof. Genius.

 

[fishonjazz]

How so? If the stock market shrank by 5%, and your stocks did not outperform the market, that means you lost 5% of your money. How is it growth when the market lost 5% of its value?

Just going off the information in my account. I'm certainly no finance expert. I just peek at my account balance every so often

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[Alfalfa]

This is becoming a favorite tactic of some people making far left arguments around here. Make an outrageous claim and when asked to support it refuse on the basis that you don't agree with the position of the person asking for proof. Genius.

Proof is everywhere. I posted an explanation on General. I know you're comfortable in your privilege and would rather things not change. But overwhelming proof would take you no more than 5 minutes of honest self-reflection. Or you can keep your head in the sand and cry about leftists.

Proof: black people aren't doing nearly as well as whites. There. Unquestionable proof.