Bill Gates bets against the dollar

I wouldn't worry about Bill. His business acumen has proven to be pretty good.

bbking said:

Who hasn't been shorting the US dollar since 2003? If Billy is just starting he may get his head handed to him.


bbk

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Given that the statement was that he was "short" the dollar as opposed to "shorting" the dollar might indicate he's been short a while.


OTB

bbking said:

Shorting might mean he hasn't done it. I find that anyone who mentions they are *short* has just done that recently but you are right he could have done that in the past.

AS for Billy boy's business skills - if it concerns software and the future direction of that industry, I would never question him. I'm not to sure he has an overall track record I would hang my hat on.


bbk

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If he is as smart as we all think he is. I am sure he has some good advisors. At a net worth of 46 Billion dollars he can afford some good ones.
More power(and money) to him.

bbking said:

I'm not to sure he has an overall track record I would hang my hat on.

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Coming from YOU, I'm sure that bothers him to no end... LOL!


Seriously, how is that little Guatemalan nickel mining dog coming along? You know, the one you had going to U$2.40 by 12/04?

bbking said:

As for the current question, Forthead decided to make something personal when he had no business or concret and current knowledge. In regards to JNI, I do and like I said we will find out who is right in December/04.

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JNI (10/06/04 - time of your quote) - C$0.90
JNI (12/31/04) - C$0.60
JNI (02/01/05) - C$0.45


I know you're going to say that somehow I'm twisting things, but TRUTH is: your "pick". Your "business or concret and current knowledge". Your timeline.

You really showed us your superior business acumen... especially one of the (verifiably) richest men on the planet.


F.

P.S. acumen - n. Keen discernment, penetration.
P.P.S. discernment - n. Discerning; keenness of perception, penetration, insight.
....

bbking said:

You know Fort - coming from the jackass who said the US did not go into a recession in the early part of this decade despite the fact that the Bush himself said the US was in recession but of course you knew better.

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As opposed to the "jackass" who said they were in recession from 2001 - 2003 (which is wrong by all counts)? Besides, you have already conceded that technically they did not....

(...btw, it doesn't show well for your "opinion" when you defer to someone who is quite possibly the only dimmer intellect on the planet than yourself...)

bbking said:

As for shorting the US currency - hey go for it - I really don't give fuck what you think.

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I have no interest in either material short nor material long positions in the US dollar. But at least I know what it is.... and I'm pretty sure you don't (as evidenced by the "Who hasn't been shorting the US Dollar since 2003?" comment).

bbking said:

AS for JNI - what you forget to mention is that I called that a high risk investment.

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And I called it a "piece of crap". By your own test and criteria ("we'll see in December/04 who is right."), sure looks like you were wrong. Again.

bbking said:

As for anything else about it - I'm now considered an insider and can't say anything other than go to the Company for info.

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Sure you are. And what will "the company" say now? Offhand innuendo that "our partners speak Chinese"? Please.

bbking said:

Now Fort. I really am getting sick and tired of your bullshit. All I did was offer an opinion - very often when people move from their area of expertise they fuck up (like you) I only need to point to you not only Bill's partner but also Frank Stronach at Magna to show examples of this.

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And all I was doing is showing that your "opinions" are invariably wrong (well, that and pointing out how silly it looks for you to be criticising the business skills of anyone like Gates, or Stronach... or even the paperboy / kid with the lemonaide stand, come to think of it...).

bbking said:

However, there certainly are great reasons to short the US buck at this time - why not be a fucken man and list them, instead this ongoing personal attack you seem like jump in on any post.

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Because I wasn't arguing that one should be short or long the U.S. dollar. I was pointing out that you don't seem to know very much about... well, anything (let alone business), and that it's FUNNY to see YOU criticise one of the most successful business personalities of all time.

F-U-N-N-Y.

bbking said:

I really am getting sick and tired of jerks like you, Danmand some others who like to tag every post I do with some personal attack.

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Why is it a personal attack to remind everyone how... "unique"... an individual you are? You post these things... maybe if you'd concern yourself with why you say such things to begin with, as opposed to why we remind you....

(Kerry by how much?)

bbking said:

If I get banned for this post - I don't give fuck anymore.

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If only. You'd be SORELY missed.

bbking said:

So to recap, you fucken ahole - there a plenty of good reason to short the US why not list them, instead of a personal attack.

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Again... because that wasn't what I was saying. You have serious deficiencies in your reading comprehension skills. You should let your teacher know. Maybe she can help you with that....


F.

P.S. Not many who know the industry consider Gates a "visionary"... most see him as a tyrant and a pirate, who treated suppliers, customers and especially competitors with ruthelessness and contempt. One could easily argue that these are more relevant/transferable skills than your "magic mine model"....

bbking said:

I don't give fuck anymore.

So to recap, you fucken ahole - there a plenty of good reason to short the US why not list them, instead of a personal attack.





bbk

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Why do some members seem to beg for it? Really bbk, I don't see how you can bring up personal attack, you're becoming one of the biggest name callers on the board. Step back. I've found that if I give my opinion without savaging someone else, there's a pretty good chance they might actually listen. On the other hand, some here are getting you to dance just as they like.

Ignore List, don't log on without it!

danmand said:

Oh no, BB, we don't tag every one of your posts, only the very stupid ones. Wait a minute, you are right.

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Since I don't suffer bbk gladly, I have him on my ignore list.


!!!

Fuck you! No, fuck you! On the contrary, fuck you!

Meh.

http://www.spamvault.de/boardstuff/care2.jpg

bbking said:

You know Fort only a callous SOB like you would take great glee in someone losing money -

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Not true (again). If you remember, I told you that I have friends who own this piece of crap, and that I wished you well DESPITE knowing that it was a piece of crap (mostly for their sake... it doesn't bother me a lick that you lose money).

If you also remember WHY I posted my opinions to begin with... because YOU, as a piece of crap penny stock stock tout (and I mean the stock is a piece of crap... honestly), were in position to hurt others by promoting this thing.

I don't like to see good/innocent folks get fleeced; as for you... well....

bbking said:

remember Ahole you only lose when you sell.

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Hmmm. More brilliant investment advice. Like someone said before, you should explain that to those with Bre-X certificates....

Oh, and by the way... that's what they usually say in the Chop Houses....

bbking said:

BTW if you were any financial person, you would know how to make a buck here. As for my call - well certain things didn't happen and well we know the result. But Fort. your no different than the aholes I met who had all sorts of fun when I was bullish on NewBridge at it's IPO. In fact I looked very foolish as I continued to buy it down below 5.00 from it's 21.00 IPO.

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Sure you did. A nameless, faceless voice on a chat board, who can back up his claim. Like you made MILLIONS off AOL... and BILLIONS off Qualcom.

From what I've read, there are only two things you've said that people can evaluate your "prowess" in investing (i.e. not a braggartly tale of past conquests that cannot possibly be verified). 1 - Buy a real asset (gold) to hedge against currency deflation; and 2 - buy JNI, because your magic model took all of the non-existant "reserves" and gave you a price of U$3.40.

Neither strikes me as a good idea.

bbking said:

I listened to morons like you over and over and in the end I proved to be right. I believed in their product, and I believed in T. Matthews and was rewarded for my patience.

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Sure you were. And I bet you're even holding the imaginary trade slips in your hand right now that PROVE this....

bbking said:

You call JNI junk - then don't buy it, because I happen to believe in this project - it doesn't give you the right to be-little me for it.

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It is junk. And I'm not belittling you... You were the one who threw down the gauntlet last October, singing the praises and projecting the sky. It was YOUR price target. It was YOUR timeline. I'm just showing you, again (and again, and again) that YOU WERE WRONG. And I have every right (even obligation) to continue to show where you are WRONG, on the outside chance that someone might be silly enough to actually believe anything you write....

bbking said:

Again, as you have in the past you have taken a small portion of my post and ignored the rest.

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When? What? You say that an awful lot, but we've yet to see an example.

bbking said:

I did say it was speculative -

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Yes you did. I've never denied it. bbking said JNI is a speculative investment!!! And it still doesn't mean that (a) you weren't wrong (you were, by your own measures and timelines), and (b) it is STILL a touted, piece of crap penny stock.

bbking said:

it was on thread that asked about stock picks and JNI was one I liked - does Fort tell everyone about the number of picks by others that were Nortel?

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No. But they aren't prancing around, calling themselves financial geniuses, and (hilariously) criticising those who may well have a realistic claim that title.

bbking said:

No - as usual he decides to attack my post - go figure.

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Yes. Go figure. You say stupid things, and people call you on it. How unusual.

bbking said:

I would expect Fort does this because his ego gets bruised when his farked up notions on economics get questioned, I also mentioned that my avg cost for JNI was .08 so even a todays price I still am up a tidy sum of money,

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Good for you (and, btw, like I really believe that). And for all of the people whom you recommended it to... who are down a mere 50%.... I'm sure they find your windfall comforting.

And you question MY empathy....

Tout.

bbking said:

and lastly I mentioned that my JNI investment was less than 1% of my portfolio. Of course Fort called this unacceptable risk - but again he shows ignorance to investing.

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How does 1% DOG make for clever portfolio management. "Risk" capital does not REQUIRE one to buy crap. Once again, your logic is... "special".

bbking said:

There are plenty of terrific new Companies or mines that come up yearly. Some of the ones I had in that 1% catagory are Microsoft,

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Sure. Oh, and - to be clear... you think Microsoft had a similar risk profile to a penny Guatemalan nickel speculation. Ever???

bbking said:

AOL,

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Of course...

bbking said:

Diamond Fields,

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Right.

bbking said:

Bre-x,

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Ok... that one I believe.

bbking said:

Qualcom,

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Righto.

bbking said:

Magna.

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Absolutely. And didn't you forget JDS Uniphase (it's a MUST HAVE in the all-fantasy portfolio).

bbking said:

The trick is to manage risk ( and Bre-X was an easy one to manage) and in JNI's case getting my avg cost to .08 is how have done it.

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So... if your average cost was truly 8 cents... a price it hasn't seen since '01... you do realise that this means you had to be buying it... and buying a LOT of it... before the company was Jaguar Nickel (i.e. Chesbar resources). That is, before they even had the non-existant nickel "reserves" on Guatemalan property that you so "prize", and that your magic model spit out the U$3.40 for. Back when they were just a hopeful shell drilling randomly for gold. Back when they had different management. So all of your "investment analysis" about liking the specifics of the company is bbkrap.... and really, your "analysis" is buy a name and hope....

Freakin' tout.

bbking said:

BTW Magna nearly went broke so it was in my 1% area. Would I buy Nortel or Bombardier - nope way too much debt.

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If that's the only problem you have with these companies, again your analytical skills could use a little tune-up (read: overhaul).

bbking said:

Anyways this is just typical Fort BS - he comes with half the info and spins it his way.

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<sigh>..... Spins what, exactly?

bbking said:

Fort your classless jerk. As for people here like Danmand support this jerk - you thought I was bad before - you ain't seen nothing. Every ignornant, uniformed post will be challenge.

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Please. You should take your multi-billion dollar porfolio, sell it and buy yourself a clue....

bbking said:

This is the way you fools play - suit yourself. As for you Fort - your attempts at attack are foolish - they always include half truths

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<Sigh>.......... Which ones?

bbking said:

- if you have the courage of your convictions you would tell the whole truth - this truly is why your an asshat.

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And what "truth" have I missed?


It must make you feel better to say this kind of nonsense.

bbking said:

You have said your an FA - I can't believe you actually have a client.

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Yes, well... it appears (from your posts) that you wouldn't understand what real investors look for, anyways....

BBK and Fort

Fort,

I loved the example you provided with regard to how long ago BBK would have had to purchase the JNI stock in order to get an $.08 average cost. Excellent deduction and analysis.

BBK,

Instead of just name calling, which is all you seem to be doing, why don't you answer that specific analysis. That is you must have been buying this stock long before the information you are now basing your judgement on was even discovered.


I think its been proven here that you are either lying, full of sh#t or both. And your failure to even address these matters further highlights that point.

When you are wrong its best just to admit you are wrong. Investing should have taught you that at some point you simply have to sell and bailout before you are left holding nothing.

The nothing you will be left holding will be your credibility. .

Hugh Jorgan said:

Fort,

I loved the example you provided with regard to how long ago BBK would have had to purchase the JNI stock in order to get an $.08 average cost. Excellent deduction and analysis.

BBK,

Instead of just name calling, which is all you seem to be doing, why don't you answer that specific analysis. That is you must have been buying this stock long before the information you are now basing your judgement on was even discovered.


I think its been proven here that you are either lying, full of sh#t or both. And your failure to even address these matters further highlights that point.

When you are wrong its best just to admit you are wrong. Investing should have taught you that at some point you simply have to sell and bailout before you are left holding nothing.

The nothing you will be left holding will be your credibility. .

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Oh, it gets even better.... Remember how he claims he's now an "insider" of JNI since last October? (and, I quote before he goes back to change it... "I'm now considered an insider and can't say anything other than go to the Company for info."). Well, that's easy enough to check on SEDI... and guess what? No new insiders since then.

In fairness, two names (Hugh Duncan of Nanoose Bay, and Somerset Parker of Oakville) never had a beginning date to their insider records (peculiar), but their "opening balances" were back to May of last year.... and, besides, both of them are employees, and not "retired at 47"....

Seriously, this guy is more full of crap than he is full of himself... and that takes a LOT of doing....

Best regards,

F.

yychobbyist said:

My turn to pull up a chair, grab the popcorn and sit back and watch.......

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Hey, how about some chips and salsa??
I love to watch two stock brokers slugging it out. Both are very good in selling there side of the story.
The truth is that it is all a crap shoot anyway, unless you have some insider info. It is all about guessing and being lucky...period.
There is a lot of wannabes and very few know hows.

Just ask yourself that question..if you really are that good at it...how come you are still working???

BBKing

I'm still waiting for your response to Fort. analysis of your holdings in JNI?

Also, the claim that you are now an insider and there are no reports of new "insiders".?


Instead of just ignoring the questions, which if answered may actually clear your name and restore some credibility, why don't you just admit you're lying, full of sh#t, etc?