High Level Value Extraction
We've been out and about since I've had some time off, and at one hotel stop I picked up a Wall Street Journal. I've never really read it before, but as I skimmed through this issue--this past Monday the 4th's, by the way--I was amazed at the breadth of material about the highest, greatest, deepest, and--as such, most repulsive value extraction there is.
Certainly a publication that goes into great detail about the goings-ons of the commercial and financial realm can't help but quite frequently elaborate on the most upscale human sacrifice practices of the day. Just wanted to briefly mention a couple of articles in the mix there, both in the "Money & Investing" section.
First there on the front was a story about how many hedge funds are taking a hit. Nothing really in it about how or why except that they simply guessed wrong about a number of things, like, for instance, the "unforeseen" jump in oil prices that hit some overseas stock markets.
Thing is, some funds that thought one way got whacked, but those that thought the other way made out like bandits (in a not-too-figurative sense). I'm not saying one thing or another about that situation.
It is just the way the World operates.
It lives by the law of Finders Keepers, and does so with billions of dollars.
What is interesting is that God allows it to happen. Short-selling is perfectly acceptable to God, who Himself commends the wealthy manager for yanking the talent from the one who buried it. Too fearful about the value God put in you? Don't think He did enough to make you His prized creation?
Sorry, but that value goes to someone else.
The other article in the WSJ, by the way, was about the SEC trying to work out how to jibe with international accounting practices. Seems everyone does value differently. The article mentions that the ensuing confusion will be a feeding ground for vultu--er-- hedge fund managers.
Ah joy. The joy of full World engagement.
Want out of this body of death?
Have I mentioned that Guy in this blog before?... The Guy who is completely not of this World?... The Guy who actually buys back those who'd like that, and as such would actually know their value (and that of others too)?...
For a tinch bit more on the whole value extraction thing, go here.
Certainly a publication that goes into great detail about the goings-ons of the commercial and financial realm can't help but quite frequently elaborate on the most upscale human sacrifice practices of the day. Just wanted to briefly mention a couple of articles in the mix there, both in the "Money & Investing" section.
First there on the front was a story about how many hedge funds are taking a hit. Nothing really in it about how or why except that they simply guessed wrong about a number of things, like, for instance, the "unforeseen" jump in oil prices that hit some overseas stock markets.
Thing is, some funds that thought one way got whacked, but those that thought the other way made out like bandits (in a not-too-figurative sense). I'm not saying one thing or another about that situation.
It is just the way the World operates.
It lives by the law of Finders Keepers, and does so with billions of dollars.
What is interesting is that God allows it to happen. Short-selling is perfectly acceptable to God, who Himself commends the wealthy manager for yanking the talent from the one who buried it. Too fearful about the value God put in you? Don't think He did enough to make you His prized creation?
Sorry, but that value goes to someone else.
The other article in the WSJ, by the way, was about the SEC trying to work out how to jibe with international accounting practices. Seems everyone does value differently. The article mentions that the ensuing confusion will be a feeding ground for vultu--er-- hedge fund managers.
Ah joy. The joy of full World engagement.
Want out of this body of death?
Have I mentioned that Guy in this blog before?... The Guy who is completely not of this World?... The Guy who actually buys back those who'd like that, and as such would actually know their value (and that of others too)?...
For a tinch bit more on the whole value extraction thing, go here.
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