Art Cashin

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Oct 22, 2009 8:44 pm

Back to Art…I’m marinating a few ice cubes tonight…he may be wrong for the moment on the markets, but he had a darn good suggestion there.

Oct 22, 2009 8:46 pm
howboutshoeshine:

EdMcmahon, your the idiot that still doesn’t know gold was valued at $850 in 1980 right? Who you calling an idiot, at least Moron can google



Why don't you tell the truth instead of talking in circles. You don't manage money. Know how I know? This is the third time I have pointed out, and you have yet to mention it. And because I know who you are, the little b!tch who cleans my toilets.
Oct 22, 2009 8:56 pm
howboutshoeshine:

[quote=Shania Twain] [quote=alwaysaguest] I’m so proud to be part of a profession where “you’re still gay” and “when you blow brokers in the park” are considered reasonable elements of debates over market direction and investing techniques.[/quote]

funny

  No it's not. This profession has deteriorated to used car salesman, but that will be over soon.[/quote] There was a book written in 1969 by Richard Nay called the Wall Street Jungle..the opening of that book starts..."people enter the investment profession who have no skills to do anything else, much like a prostitute."  That book was written 30 years ago and damn it is right on the money
Oct 22, 2009 9:09 pm
fritz:

[quote=howboutshoeshine][quote=Shania Twain] [quote=alwaysaguest] I’m so proud to be part of a profession where “you’re still gay” and “when you blow brokers in the park” are considered reasonable elements of debates over market direction and investing techniques.[/quote]

funny

  No it's not. This profession has deteriorated to used car salesman, but that will be over soon.[/quote] There was a book written in 1969 by Richard Nay called the Wall Street Jungle..the opening of that book starts..."people enter the investment profession who have no skills to do anything else, much like a prostitute."  That book was written 30 years ago and damn it is right on the money[/quote]   LIMT!!!  Great book!!
Oct 23, 2009 5:34 am
howboutshoeshine:

[quote=Shania Twain] [quote=alwaysaguest] I’m so proud to be part of a profession where “you’re still gay” and “when you blow brokers in the park” are considered reasonable elements of debates over market direction and investing techniques.[/quote] funny



No it’s not. This profession has deteriorated to used car salesman, but that will be over soon.[/quote]



Another brainless prediction. Are you going to be the one out of the job. Sorry that you can’t even answer the simplest of questions.



You want to have a market debate - I’m game. What would you like to start with? Basic quantitative analysis? Financial statement analysis? Equities? Hedge funds?



Keep in mind shoeshine - you started the vitriolic portion of the thread. I just decided to come down to your level. The fact that you think you know everything highlights just how much you don’t know. I figured out when I was 20 that I didn’t have all of the answers. And it becomes even more apparent when you’ve been to combat. And by the time you’ve finished the Level III CFA exam you realize you know even less.



Get a life. Quit posting crap.
Oct 23, 2009 7:22 am
howboutshoeshine:

[quote=alwaysaguest]I’m so proud to be part of a profession where “you’re still gay” and “when you blow brokers in the park” are considered reasonable elements of debates over market direction and investing techniques.



Believe me when I say that these guys are barely brokers. Most of them are within 2 years of their hire date. These guys are not professional and one way or another pulled me into their negativity. Anyone that reads this thinks exactly what you just said.



Redneck does not = black



oh ya… you’re the one that has NEVER answered a single question, so let’s get thta straight now![/quote]



What the hell are you talking about? Redneck does not = black. I said I wasn’t white. Didn’t say I was black. And even if I was your statement still doesn’t make sense. If I’m black, and you say “Redneck does not = black”, then I’m not a redneck and you contradicted yourself.



And you’re still so gay.



I have no problem entering a debate always. The problem is when pikers like shoeshine get on and start spouting off about how everybody but him is going to be out of a job because he is so smart. He can’t even answer simple questions. And then when he does, it takes him a week to answer with the WRONG answer.
Oct 23, 2009 7:23 am
fritz:

[quote=howboutshoeshine][quote=Shania Twain] [quote=alwaysaguest] I’m so proud to be part of a profession where “you’re still gay” and “when you blow brokers in the park” are considered reasonable elements of debates over market direction and investing techniques.[/quote] funny



No it’s not. This profession has deteriorated to used car salesman, but that will be over soon.[/quote]







There was a book written in 1969 by Richard Nay called the Wall Street Jungle…the opening of that book starts…“people enter the investment profession who have no skills to do anything else, much like a prostitute.” That book was written 30 years ago and damn it is right on the money[/quote]



Interesting post fritz - does that include everybody who started in this business, including you?



What about shoeshine? I guess he does have the skills to be either a shoeshiner or a gay prostitute.



Oct 23, 2009 2:14 pm

Interesting post fritz - does that include everybody who started in this business, including you?

What about shoeshine? I guess he does have the skills to be either a shoeshiner or a gay prostitute.

It does include me. I will leave the shoeshining to you, but this is the easiest job in the world to make the cash we make. Most spin a great web, market their ass off and hope for the best making 200k a year in the process. No talent, no skill, six figure job.  Not bad.

Please do not try to tell me how much you make. I don't care and don't beleive you. Also, I am surrounded by wealth and know how hard they work so please no diatribes about how hard you work. It isn't sht compared to a top exec. or biz owner.
Oct 23, 2009 2:18 pm

[quote=howboutshoeshine] Interesting post fritz - does that include everybody who started in this business, including you? What about shoeshine? I guess he does have the skills to be either a shoeshiner or a gay prostitute. It does include me. I will leave the shoeshining to you, but this is the easiest job in the world to make the cash we make. Most spin a great web, market their ass off and hope for the best making 200k a year in the process. No talent, no skill, six figure job. Not bad.

Please do not try to tell me how much you make. I don’t care and don’t beleive you.

Also, I am surrounded by wealth and know how hard they work so please no diatribes about how hard you work. It isn’t sht compared to a top exec. or biz owner.[/quote]



I am a business owner. Own an RIA firm. Don’t tell me how hard I work.



I don’t need to tell you how much I make. There are lots of people who make more than me.
Oct 23, 2009 5:18 pm

[quote=Moraen] [quote=fritz] [quote=howboutshoeshine][quote=Shania Twain] [quote=alwaysaguest] I’m so proud to be part of a profession where “you’re still gay” and “when you blow brokers in the park” are considered reasonable elements of debates over market direction and investing techniques.[/quote] funny[/quote]

 
No it's not. This profession has deteriorated to used car salesman, but that will be over soon.[/quote]



There was a book written in 1969 by Richard Nay called the Wall Street Jungle..the opening of that book starts..."people enter the investment profession who have no skills to do anything else, much like a prostitute."  That book was written 30 years ago and damn it is right on the money[/quote]

Interesting post fritz - does that include everybody who started in this business, including you?

What about shoeshine? I guess he does have the skills to be either a shoeshiner or a gay prostitute.

[/quote] Yes that includes me, or I would have left along time ago.   I have asked about 1/2 of office over the years when people bitch about stuff, "what else would you do?" and the faces go blank.  I do believe that most in this business are not able to do anything else.
Oct 24, 2009 6:13 pm

[quote=Moraen] [quote=howboutshoeshine] Interesting post fritz - does that include everybody who started in this business, including you? What about shoeshine? I guess he does have the skills to be either a shoeshiner or a gay prostitute. It does include me. I will leave the shoeshining to you, but this is the easiest job in the world to make the cash we make. Most spin a great web, market their ass off and hope for the best making 200k a year in the process. No talent, no skill, six figure job.  Not bad.

Please do not try to tell me how much you make. I don't care and don't beleive you.
Also, I am surrounded by wealth and know how hard they work so please no diatribes about how hard you work. It isn't sht compared to a top exec. or biz owner.[/quote]

I am a business owner. Own an RIA firm. Don't tell me how hard I work.

I don't need to tell you how much I make. There are lots of people who make more than me.[/quote]   This is just an observation, but how many biz owners or exec's spend all day in chat rooms?  You may have a reason such as recruiting, but the inability to know who you're speaking with ruins that.  I can't even get some of my successful friends to text during business hours, so I think you probably still have it pretty easy compared to most. I don't even have the time most people have here and I am a confessed lazy person when it comes to this biz!
Oct 26, 2009 7:59 am

shoeshine.



I do zero prospecting. I don’t need to do much. Plus, there is such a thing as multi-tasking. I come on here to get some good ideas (read: Economic forum). Some are good others aren’t. I also use it to blow off steam.



I have done a small amount of recruiting here, but nothing that has panned out. I have also gotten quite a few good business relationships out of it though and created a few strategic partnerships. Helps when you don’t insult everyone’s intelligence and try to piss everybody off.



This business is not just one thing (cold-calling and working with retail customers). It can be so much more in the RIA world. You just have to look. You can get paid for writing newsletters (and some of your research information can be things you’ve heard on here and then corroborated independently). You can get government contracts and be paid for education sessions. You simply set up a consulting business. Or, and here is the kicker - you can do all of these.



Like you described yourself. You are lazy. The busier I am the more things I can handle. The lazier I am… well, the more it seems like time gets away from me.



For instance, while I’m typing this email, I am also editing a commercial we use on GoogleTV. Sometimes there are load times. But it’s interesting, I can watch it and type at the same time.



When you talk about how a lot of people will be out of business, you may be right. But I’ve created a strong, diversified business model with several profitable lines of business and good people to work for me, so that in the next recession (or depression), I’ll be able to thrive.

Oct 26, 2009 7:49 pm

Surprised Shoeshine is not on here tooting his horn.