If you buy a security, the prices rises, you sell the security, you make
money.
You have not added anything of value to the world. Irrespective of the
nature of the company behind the security. Even if you are investing in a
company that rescues slave labor children from sweatshops, if it is traded
on an open exchange, the money you make or lost on the trade does not really
help the company.
The original point was revolving around adding value.
A mutual fund that includes in its portfolio a stock of a car company making
electrical vehicles does not make that investment any more of a value added
proposition than investing in the stock of a company that sets up payday
loan stores. The securities trading of a companies stock does little for a
company past the initial IPO. Unless you are an IPO buyer, all securities
are essentially tulip bulbs in holland in the 1637.
But getting back to the tangent that has nothing to do with WISPA or 3.65,
muddyfrog said that he does not believe in investments where there is no
added value. I proffered that precludes securities trading. With the
exception of IPOs and angel investment (I have done and continue to do both)
securities trading adds no value and is only a form of regulated gambling.
I have no problem with it. But one could extrapolate that muddyfrog
logically should.
----- Original Message -----
From: "Jack Unger" <[EMAIL PROTECTED]>
To: "WISPA General List" <wireless@wispa.org>
Sent: Saturday, July 05, 2008 11:49 AM
Subject: Re: [WISPA] Update from the FCC on 3.65Ghz and CBP
> Not really; it depends on what the mutual fund chooses to "invest" in.
> If the mutual fund invests in businesses that makes
> greenhouse-gas-reducing electric vehicles for example, that might be
> very acceptable ("ethical") to some. On the other hand, investing in a
> mutual fund that invests in finance companies that specialize in
> misleading homeowners into taking out home loans that result in draining
> the existing equity out of the home then throwing the homeowner out
> might be considered not-acceptable ("unethical") by others.
>
> Chuck McCown - 3 wrote:
>> Then I guess the precludes any participation in any mutual fund or almost
>> any type of broker investments.
>> Oh well...
>> ----- Original Message -----
>> From: <[EMAIL PROTECTED]>
>> To: "WISPA General List" <wireless@wispa.org>
>> Sent: Friday, July 04, 2008 8:56 PM
>> Subject: Re: [WISPA] Update from the FCC on 3.65Ghz and CBP
>>
>>
>>
>>> It does mine.
>>>
>>> Inflating the price of a needed commodity - that is, increasing it with
>>> no
>>> added value - is unethical, in my estimation.
>>>
>>>
>>>
>>>
>>> ++++++++++++++++++++++++++++++++
>>> <insert witty tagline here>
>>>
>>> ----- Original Message -----
>>> From: "Chuck McCown - 3" <[EMAIL PROTECTED]>
>>> To: "WISPA General List" <wireless@wispa.org>
>>> Sent: Thursday, July 03, 2008 4:41 PM
>>> Subject: Re: [WISPA] Update from the FCC on 3.65Ghz and CBP
>>>
>>>
>>>
>>>> Yeahbut,
>>>> recognizing an arbitrage opportunity does not trigger my ethical
>>>> shutdown
>>>> circuit.
>>>>
>>>> ----- Original Message -----
>>>> From: "Mike Hammett" <[EMAIL PROTECTED]>
>>>> To: "WISPA General List" <wireless@wispa.org>
>>>> Sent: Thursday, July 03, 2008 5:33 PM
>>>> Subject: Re: [WISPA] Update from the FCC on 3.65Ghz and CBP
>>>>
>>>>
>>>>
>>>>> A lot of times, flipping a house is nothing more than putting on a
>>>>> fresh
>>>>> coat of paint.
>>>>>
>>> <snip>
> --
> Jack Unger - President, Ask-Wi.Com, Inc.
> Serving the Broadband Wireless Industry Since 1993
> Cisco Press Author - "Deploying License-Free Wireless WANs"
> Vendor-Neutral Wireless Design-Training-Troubleshooting-Consulting
> FCC License # PG-12-25133 Profile <http://www.linkedin.com/in/jackunger>
> Phone 818-227-4220 Email <[EMAIL PROTECTED]>
>
>
>
>
>
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