Your key false assumption is that all people are fully rational and only hold logically consistent beliefs.
That's particularly....funny coming from the one and only person actually shown to hold logically inconsistent beliefs in this very thread. Repeatedly.
I believe at this point the only way forward is to place Joel Katz under the tutelage of some sane and respected community member for his own protection, seeing how he is either mentally ill or otherwise very, very confused.
It would be from now on at the very least immoral for anyone to engage in any sort of commerce or transaction with Joel Katz, given what we now know of his mental disabilities.
Where's even ONE thread where there's general consensus that PH's investments MUST have heavy pirate exposure?
There's a thread showing the general consensus the other way here.
Note the date of the first Joel Katz posts in there, and note what he bases his sudden knowledge of banking and finance on: some passing remark by Gavin. Apparently discovering in September what "everyone knew" before August is a-ok, and apparently the gospel words of Gavin (who is neither competent to discuss such things as contemplated in the agreement we have before us here, nor was in fact discussing such things as contemplated in the agreement we have before us here) can be bent so that 1.5 = 1 and so forth. Simply put Joel Katz is mentally ill.
The particularly offensive thing in all of this is that the mentally ill (as opposed to rational people) come to make completely irrational statements which, upon being proven both false and logically inconsistent are merely repeated, all this in what is declared to be a defense of reason. And then the poor idiot purports to have taken some sort of higher ground, in his own mind. Sad to watch, really.
Dont worry, I am sure someone will care enough to read all of that.
My general expectation is that those who cnat raed won't.
In other news, we've commissioned a little art piece to commemorate the ludicrous in this thread. Here it is:
Let us forever remember, aside from the quote starting this post, that computer programmers are not simply on the strength of that to be regarded as competent in any other field, including basic logic, basic law, basic finance or basic anything, in spite of an uncanny ability to produce text strings if given a keyboard - not the only characteristic they share with the proverbial monkeys.