Quote from: JoelKatz on November 17, 2012, 04:00:17 PM

Quote from: cunicula on November 16, 2012, 03:40:37 AM

Quote from: JoelKatz on November 16, 2012, 03:33:11 AM

Post Kraken, a scammer. Pre Kraken, incompetent.

You are suggesting he had a change of character? Doesn't it seem more likely that you just misjudged his character?

I don't think I ever outright said he was scamming -- only that he was either a scammer or a fool and that either way it was foolish to invest with him. But if he never intended to honor his personal guarantee with his personal funds, maybe he was a scammer all along.

I did think he was a scammer from the beginning. Now I'm not so sure he wasn't just deluded in the beginning, thinking the risk was low. And perhaps even intending to honor his personal guarantee at first and then not realizing that there was no way he could once the amounts started to increase. When things went bad, he sold out his investors to save his own funds.

Okay then. Either a scammer or a fool. Now we are really on the same page! I always described these types as "either a scammer or an idiot."

They are usually observationally equivalent.

Hmmm. I wonder why you choose "fool", while I choose "idiot." To me "fool" sounds slightly more polite.