Quote from: Coin.Karma on September 05, 2012, 09:08:52 AM

Quote from: hgmichna on September 05, 2012, 06:14:40 AM

Quote from: Coin.Karma on August 06, 2012, 05:36:04 AM

Also for all the people who talk about pirate being a ponzi, just remember that, we as individuals are limited by our own intelligence. It allows us only to 'digest' whatever is within our own limited capacity to understand.....we only have the ability to think within our mind, if someone else is smarter, they just are....like pirate is....

This is an interesting and very true statement. It means that I have to consider the weakness of my own brain when I try to manage my investment risk. The human brain is generally weak and full of systematic flaws. There is some very interesting, recent research on this.

One of the more fundamental flaws is that emotions, like strong wishes and strong fears, impede rational thinking. When we fervently wish for something to be true, our rational judgment and reality check is clouded, if not entirely switched off.

Another basic flaw of the human brain is its general tendency for self-overestimation.

quoted just for the heck of it.......cheers buddy. We are all limited in some way or the other...we are just conditioned creatures since birth....just stuck with our perceptions....as shown to us since birth...if you were told something else right from the beginning, you would have believed something else totally.....so where does intelligence come in? but the realization on your part shows how far away people are in reference....cheers

The human will is free !

Pirate is just smarter.....as in "he deserves the loot"?

There is a proverb in german ..( freely translated in zykloogish ) :

Stupidity doesn´t protect you from punishment.

Don´t see any precedent in angloamerican jurisdiction, which contradicts the above statements....yet.....oh...no right in time there are coming at least 5 in my mind Angry

Cheers Zyk