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This topic in Politics & Government is about Risk Equals Reward.

 
 
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Old Nov 7, 2003, 08:13 am   #1 (permalink) (top)
castille
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Its funny how people who refuse to take risks expect great rewards....


The wealthiest men (apart from the Sultan of Brunei) in the world got their riches through risk. Bill Gates took on contracts he couldn't fulfill....risking his entire financial future to gain rewards. Donald Trump invested into New York at its worst period, taking risks in order to gain rewards.

Or actors. You complain actors are paid too much....but do you know actors have a TINY chance of success? Its a huge risk being an actor, only a few make it.

Even in Third World nations, risk equals reward. You can risk your life by overthrowing the dictator and becoming the new dictator. You can risk your life by becoming a mercenary and looting art treasures (like that Iraqi who did the museum!). Ethiopia has a few businesses....they do business by sending hitman to kill each other, but their profits are great. Risk makes rewards.

In social situations....you talk to a girl, you "risk" your ego. Reward is you get laid. You dont take the risk, dont get laid.


Compare with a regular guy....works 8 hours a day, buys some beers, goes on a vacation every year to the Bahamas, then goes back to working 8 hours a day. He doesn't put his money at risk, he doesn't take risks.....so he gains very little rewards.


This is why some people are rich and powerful. This is why some people are poor and unsuccessful. Some people get laid more, others stare at porn.

Its simply about risk.


(Some play Tattslotto....but I dislike risk i dont control!).


Ideological loyalty is the act of giving your soul to a vague concept, to be manipulated by people smarter than you.
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Old Nov 7, 2003, 09:05 am   #2 (permalink) (top)
G. Adams
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Hey, once again Castille compares women and sex to property.

For most people on the planet its not about risk. There is no oppurtunity to make risky investments, unless murder, burglary and hit jobs are fine business's in your eyes.


Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.
Winston Churchill
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Old Nov 10, 2003, 12:02 am   #3 (permalink) (top)
castille
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Once again G Adams resorts to petty namecalling because he can't answer the question....


The fact is risk ALWAYS equals reward. In Zimbabwe, you can become dictator - the risk is high, but so is the reward. Or you can sit on your ass and starve. No risk, no reward.


Even theft is a risk investment. You happen to live in a poor Third World dictatorship...you decide to hijack the diamond convoy, and smuggle the diamonds to England to sell. If you get caught, you get executed by the militia. But if you suceed, you become rich. Risk is everywhere, we just dont choose to take it.


Ideological loyalty is the act of giving your soul to a vague concept, to be manipulated by people smarter than you.
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Old Nov 10, 2003, 10:28 am   #4 (permalink) (top)
G. Adams
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Where did I go to name calling? I highlighted that you once again made a comparison between women and property. I even refrained from drawing a conclusion from that, which would have been insulting if not an insult.

Risk always equals reward. If thats true then I should have won the lottert many times over. Oh thats right, because risk doesn't always equal reward, because its a risk. Risk can equal reward, but thats because its a risk. It can also equal devestation.


Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.
Winston Churchill
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Old Nov 12, 2003, 01:25 am   #5 (permalink) (top)
Bayou
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Quote
____________________________________________________________________

Even in Third World nations, risk equals reward. You can risk your life by overthrowing the dictator and becoming the new dictator. You can risk your life by becoming a mercenary and looting art treasures (like that Iraqi who did the museum!). Ethiopia has a few businesses....they do business by sending hitman to kill each other, but their profits are great. Risk makes rewards.
____________________________________________________________________


Wow thats a tottally revolting scenario, get rewards from other peoples suffering, your sensitivity fills my heart with warmth.
I have nothing against risk, but theres more predatory exploitation up there then risk.


<span style='font-size:16pt;line-height:100%'><span style='font-family:Impact'><span style='color:green'>Vote NDP
&quot;The independence of art for the revolution.

&quot;The revolution for the complete liberation of art!&quot;</span></span></span>
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Old Nov 16, 2003, 07:27 am   #6 (permalink) (top)
darwinist
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I risked my millions, my reward was to go Bankrupt.

I risked my ego, my reward was a slap in the face.

I risked my life, my reward was to be imprisioned.

Dare i risk sending this post.


What goes 'up', must come 'down', unless it goes around and round.
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Old Nov 16, 2003, 09:51 am   #7 (permalink) (top)
nature of reality
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risk does not equal reward.


they are not evern related, except in MMORPG :) .


They are simply two factors to consider. Risk vrs Reward.



but now that ive got done with the stupid anarchist, on to the stupid hater of man.


"There is no oppurtunity to make risky investments, unless murder, burglary and hit jobs are fine business's in your eyes"

what the hell are you talking about? there are tons of un-tried, un verified businesses popping up, that have a lot of risk SIMPLY BECAUSE THEY HAVEN"T BEEN TRIED BEFORE. not saying that simply because they are risky they have inherent rewards, but there are certainly high risk/high reward investments that aren't violence.


Also;

Once again G Adams compares MAKING money to CLUBBING people. I guess i won't make my obvious conclusions from this as well.


Whats wrong with Liberty?
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Old Nov 16, 2003, 10:40 am   #8 (permalink) (top)
G. Adams
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</span><blockquote><span class="smallfont">Quote:</span><hr size="1" />Originally Posted by (nature of reality,)
risk does not equal reward.


they are not evern related, except in MMORPG :) .


They are simply two factors to consider. Risk vrs Reward.



but now that ive got done with the stupid anarchist, on to the stupid hater of man.


"There is no oppurtunity to make risky investments, unless murder, burglary and hit jobs are fine business's in your eyes"

what the hell are you talking about? there are tons of un-tried, un verified businesses popping up, that have a lot of risk SIMPLY BECAUSE THEY HAVEN"T BEEN TRIED BEFORE. not saying that simply because they are risky they have inherent rewards, but there are certainly high risk/high reward investments that aren't violence.


Also;

Once again G Adams compares MAKING money to CLUBBING people. I guess i won't make my obvious conclusions from this as well.
<hr size="1" /></blockquote><span class='postcolor'>

What the hell am I talking about? Could you not understand the context of my writing from the preceding line? I was talking about the majority of people. they have no capital to start a business, and thus the only high risk/reward ventures they could make is as a merc or dealer.

And if your suggesting catille is an anarchist, I suggest you read his posts again.


Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.
Winston Churchill
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Old Nov 16, 2003, 06:57 pm   #9 (permalink) (top)
laserkid
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Yes, the Kennedy family that inherrited their mojney (admittedly from their forebearers who did manage to risk and work for it) took a LOT of risks to get their wealth, Im sure.

Feel free to exchange Kennedy out for any other rich family that is going through inheretence now.


&quot;That is a Secret.&quot;
-Xellos
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Old Nov 16, 2003, 07:46 pm   #10 (permalink) (top)
G. Adams
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The royal family. well, the 38 royal families of europe. the Bushes (prescott bush was involved in money laundering for the Nazi's), the Harrimans, the Russels, oh hell why don't I just go through all the families involved in Skull and Bones. The group was set up by opium smugglers, corrupted government to give themselves tax free status, established eugenics groups and funded hitler. the families involved in it are only interested in each others power, wealth and status, and as such, it isn't always hard work that gets them rich. Unless we are counting drug dealing, corruption and becoming president to further your own and the groups ends.


Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.
Winston Churchill
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Old Nov 16, 2003, 07:57 pm   #11 (permalink) (top)
laserkid
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and the list goes on and on (and I think this is the first area we've agreed on - did hell have a snowstorm?!)


&quot;That is a Secret.&quot;
-Xellos
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Old Nov 17, 2003, 05:39 am   #12 (permalink) (top)
white rice
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Risk is not synonymous with reward. It's ironic to use hindsight in order to glorify risk taking for future gain. Definitely not good for gambling.

I do think that risk increases awareness and experience in order to have a greater chance at reward or success. And I do like the point, but it's not as simple as it looks. Or is it?


Never underestimate the power of stupid people in large groups
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Old Nov 17, 2003, 07:21 am   #13 (permalink) (top)
castille
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I said nothing about hard work being equal to reward. Once again, the Left twists my words to fit into their "vision".

I simply said risk equals reward. Hard work combined with risk equals reward, but combined with fear creates nothing.


You will fail many times in taking risk - I've broken my arm, lost $4000 in 4 minutes, got alcohol poisoning, got a knife in my arm, did community service for a few months.


But in the end, if you don't take risk, you won't get rewards. Think of the drone-like worker going to work, refusing to take risks, doing what everybody else does, never actually going out and taking a risk.

Compare to the unemployed homeless man who takes risks daily, then 50 years from poverty, he becomes one of the wealthiest men in Asia. Think it won't happened? Its already happened - Li Ka Shing, Asia's richest man, gambled his entire future as a 24 year old factory worker.


Ideological loyalty is the act of giving your soul to a vague concept, to be manipulated by people smarter than you.
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Old Nov 17, 2003, 09:34 am   #14 (permalink) (top)
darwinist
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So Castille, are you saying if you risk enough. Tha you will receive a 'good' reward?

I risked my millions, my reward was to go bankrupt.


What goes 'up', must come 'down', unless it goes around and round.
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Old Nov 17, 2003, 04:37 pm   #15 (permalink) (top)
laserkid
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I think its very VERY funny that you think I'm leftist considering most of the left persuasion here have labeled me a "protected moron" of the right.

At any rate, risk does not equal sucess what I THINK you're trying to get at is hard work. "Nothing worth fighting for is easy."

I know this first hand by being an Eagle Scout - rewards and awards DO take hard work, but it does NOT NECESSARILY mean risks. I didnt risk being cut up and killed for working at it, I just worked at it.

I think the issue is this, not every one who risks to make money or even works hard is sucessful, nor is everyone who is sucessful a hard working risk taker, working hard and risk taking may or may not help.

We live in a coiuntry where you CAN climb the economic ladder, but doing so is not easy, and those born into the high end are not very likely to fall DOWN it, its a very much stay put system for most BECAUSE movement is generally not very easy - you can move down if you were to say waste all of your money but by nature of being in the old boys club you're going to get help if you do.

I am not one to go so far as to say the rich always get richer anjd the poor always get poorer - but it does happen. Personally speaking however I would say risk taking may help, but it isnt the key factor in whose riuch and whose not. Theres a LOT of poor risk takers (just take a look at Vegas) and a lot of rich people who took NO risks (as taking risks mean they're going to have tof ace the possibility of losing what they had from birth)


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Old Nov 18, 2003, 11:00 am   #16 (permalink) (top)
Impenitent
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</span><blockquote><span class="smallfont">Quote:</span><hr size="1" />Originally Posted by (laserkid,)
Yes, the Kennedy family that inherrited their mojney (admittedly from their forebearers who did manage to risk and work for it) took a LOT of risks to get their wealth, Im sure.

Feel free to exchange Kennedy out for any other rich family that is going through inheretence now.
<hr size="1" /></blockquote><span class='postcolor'>

no, they made their fortunes running alcohol during prohibition...

they were bootleggers and lawbreakers... that's where they get their fortune...

risks for wealth? sure, breaking the law is a risk... but if you can get away with it, you or your family may even become president...


&quot;I really like this jacket, but the sleeves are much too long...&quot;
insanity is doing the same thing over and over again, but expecting different results...
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Old Nov 18, 2003, 04:15 pm   #17 (permalink) (top)
laserkid
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You missed the point. Im sure the YOUNGER generations risks a hell of a lot for their inheretence.


&quot;That is a Secret.&quot;
-Xellos
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Old Nov 18, 2003, 04:59 pm   #18 (permalink) (top)
Impenitent
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I missed nothing... they risked what? being born a kennedy? ... that was all they had to do... inherited wealth is not risked except by an over taxing government...


&quot;I really like this jacket, but the sleeves are much too long...&quot;
insanity is doing the same thing over and over again, but expecting different results...
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Old Nov 18, 2003, 06:03 pm   #19 (permalink) (top)
G. Adams
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</span><blockquote><span class="smallfont">Quote:</span><hr size="1" />Originally Posted by (laserkid,)
I think its very VERY funny that you think I'm leftist considering most of the left persuasion here have labeled me a "protected moron" of the right.
<hr size="1" /></blockquote><span class='postcolor'>

Hey, don't tar the rest of the leftists here because of my opinion. I don't consider you of the right, right of me certainly but there are few that arn't, I havn't seen you as anything to put you further right of a social democrat.


Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.
Winston Churchill
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Old Nov 19, 2003, 06:57 am   #20 (permalink) (top)
castille
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Oh no, because one or two people inherited the wealth, this automatically means you can't be rich because an invisible force prevents you! The humiliation!


Why not just jump off the bridge? Being POOR should in fact be a greater incentive to become wealthy.

Next thing you know we'll be banning beauty because some people are born ugly and they whine about it too much....


We're all stuck in this shit together. Its your attitude that makes the difference.


Ideological loyalty is the act of giving your soul to a vague concept, to be manipulated by people smarter than you.
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