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  1. #181
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    There is no real money in working for a living. Never had been.

    Real money is in owning something, but for that you expose your capital to risk. Risk, and reward.
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.

  2. #182
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    Quote Originally Posted by killramos View Post
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    There is no real money in working for a living. Never had been.

    Real money is in owning something, but for that you expose your capital to risk. Risk, and reward.
    Tell that to people who own multiple real estate in Calgary
    Where is the reward?

    Much rather own fake money, a.k.a. stonks.
    Last edited by Disoblige; 10-29-2020 at 10:49 AM.

  3. #183
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    So what was the main play for Cenovus buying Husky? The only thing I can see is the retail stream so it's full end-to-end, but I haven't been in the O&G industry in ages so it's definitely a short-sighted comment.


    Quote Originally Posted by Buster View Post
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    The benefit of masks is not known at this time. But we do know it is some non-trivial amount more than zero.

    We also know that the cost of mask use is, essentially, zero.

    So the cost:benefit of mask use is approaching infinity. I'll take that every time. And every time I see someone without a mask, I think they are stupid.

  4. #184
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    Quote Originally Posted by Disoblige View Post
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    Tell that to people who own multiple real estate in Calgary
    Where is the reward?

    Much rather own fake money, a.k.a. stonks.
    That’s the risk side of it, lots of business owners who don’t make shit.

    - - - Updated - - -

    Quote Originally Posted by flipstah View Post
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    So what was the main play for Cenovus buying Husky? The only thing I can see is the retail stream so it's full end-to-end, but I haven't been in the O&G industry in ages so it's definitely a short-sighted comment.
    The ability to generous free funds flow at 30-36 dollars. Great deal for their debt holders, keep at tow giant risk entities paying their bills.

    For their “equity” holders? I got nothing.
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.

  5. #185
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    Quote Originally Posted by flipstah View Post
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    So what was the main play for Cenovus buying Husky? The only thing I can see is the retail stream so it's full end-to-end, but I haven't been in the O&G industry in ages so it's definitely a short-sighted comment.
    https://www.cenovus.com/invest/docs/...ate-update.pdf

  6. #186
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    Quote Originally Posted by killramos View Post
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    There is no real money in working for a living. Never had been.
    Thank goodness you don't need "real money" to have a nice lifestyle and retire. That's all I aspire to.
    Quote Originally Posted by schurchill39 View Post
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    Oh god, don't get him started.

  7. #187
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    Quote Originally Posted by ThePenIsMightier View Post
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    You'd like to keep it to situations where you need to "call Mr. Wolf" from Pulp Fiction. "Time is of the essence".
    We have a Mr. Wolf on quick dial for ERP software. Yeah, he is in high demand and ain't cheap.

  8. #188
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    Quote Originally Posted by ExtraSlow View Post
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    Thank goodness you don't need "real money" to have a nice lifestyle and retire. That's all I aspire to.
    I just think it’s funny how people always seem to get all surprised at people who make fuck off money, and how they don’t make any of it by working for a salary.
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.

  9. #189
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    I tell people to fuck off all the time. #richlyfe
    Quote Originally Posted by schurchill39 View Post
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    Oh god, don't get him started.

  10. #190
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    Is it a sin to horde two years worth of annual household income in my account for JIC situation? #cashIsKing



    "There are known knowns. These are things we know that we know. There are known unknowns. That is to say, there are things that we know we don't know. But there are also unknown unknowns. There are things we don't know we don't know."
    -- Donald Rumsfeld

  11. #191
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    Quote Originally Posted by KLCC View Post
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    Is it a sin to horde two years worth of annual household income in my account for JIC situation? #cashIsKing
    Probably, since you could use at least 1 year's worth to make it work for you, even if it's a measly 3% return.

  12. #192
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    Quote Originally Posted by KLCC View Post
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    Is it a sin to horde two years worth of annual household income in my account for JIC situation? #cashIsKing
    You would get a better response humblebragging in a poor person's forum like r/Calgary.

  13. #193
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    Quote Originally Posted by KLCC View Post
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    Is it a sin to horde two years worth of annual household income in my account for JIC situation? #cashIsKing
    I wouldn’t call it a sin, but I’d say you’re slightly foolish to not have that money invested in TSLA or other incredible stonks.

    You’d likely have 7 years income by now if you listened to beyond financial advice.

  14. #194
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    Quote Originally Posted by KLCC View Post
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    Is it a sin to horde two years worth of annual household income in my account for JIC situation? #cashIsKing
    A sin? No. Capital inefficient? Probably.

  15. #195
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    Default deleted

    ---
    Last edited by KLCC; 10-29-2020 at 04:21 PM. Reason: deleted



    "There are known knowns. These are things we know that we know. There are known unknowns. That is to say, there are things that we know we don't know. But there are also unknown unknowns. There are things we don't know we don't know."
    -- Donald Rumsfeld

  16. #196
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    Quote Originally Posted by ExtraSlow View Post
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    Thank goodness you don't need "real money" to have a nice lifestyle and retire. That's all I aspire to.
    you kinda do now that real yields are a dirty anus shaped zero.

    save more, cuz you're spending your nut.

  17. #197
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    I actually missed the $140/hour details. If you guys want that hourly wage, teach English in HK. Its around 100-150CAD/hour if you are white haha..

    Ive met "English" teachers from czechoslovakia who could barely speak English and making decent bucks. God damn stupid.
    Originally posted by beyond_ban
    Yo Kanye, ima let you finish, but 50 Cent had the best concert cancellation of all time.

  18. #198
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    Quote Originally Posted by KLCC View Post
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    Is it a sin to horde two years worth of annual household income in my account for JIC situation? #cashIsKing
    Quarter of it should be in the bank account. Another quarter buried in the back yard. A quarter in gold. A quarter in crypto.

    Cover all the JIC bases.

    You could also sew diamonds into the kids clothing like the Romanov's did, though it didn't really work out well for them. But a handy trick if you need to make a quick getaway.

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    Quote Originally Posted by Power_Of_Rotary View Post
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    I actually missed the $140/hour details. If you guys want that hourly wage, teach English in HK. Its around 100-150CAD/hour if you are white haha..

    Ive met "English" teachers from czechoslovakia who could barely speak English and making decent bucks. God damn stupid.
    Does 40 hours a week even cover rent for a 100 sq ft apartment in HK?
    Follow me on Instagram and Facebook!

  20. #200
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    Quote Originally Posted by Power_Of_Rotary View Post
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    I actually missed the $140/hour details. If you guys want that hourly wage, teach English in HK. Its around 100-150CAD/hour if you are white haha..

    Ive met "English" teachers from czechoslovakia who could barely speak English and making decent bucks. God damn stupid.
    Is it respect thing or something? Hongers will respect whitie more in an english class than an Asian looking person, even if Asian person is just as qualified or better?

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