OT: Things, stuff you were/are wrong about

[Song80s]

I get it. You are concerned about your rep of being perfect/great, whatever to whoever.

That can remain a 'secret'

 

Otherwise, it might be fun to own up here

 

Here is my #1 . #1 of several but who is keeping score ?

 

The stock market. WTF ??? 3 months ago, I was a nervous nellie.

 

Thinking for sure it was going to follow the economy into the toilet.

 

I know, who givesAsh&^ about the stock market ? Its personal since my retirement

is stashed in there.

 

Once I finish my morning coffee, I might think of other issues, or topics that I completely

guessed wrong, figured otherwise.

 

No politics or religion here. You know the deal

[Docbop]

I forget what musician said but..... if you're not making mistakes you're not trying hard enough.

 

Or Robben Ford to a new bass player after first night. He apologized to Robben for making a couple mistakes, Robben said.... If you're not making mistakes you're not having fun.

 

Miles Davis and Jimi Hendrix both said... they are transcribing everything I did including the mistakes.

 

I think it was Miles Davis who said.... What note you play next determines if you made a mistake.

 

When in bass school they taught us the worse thing bass players do is when they make a mistake they have bad habit of playing real quiet after that. First your signalling you make a mistake because the whole bottom of the band just disappeared. So "Wrong, but Strong" is the right way to play,

 

That's all I could think of this early in the morning.

[drawback]

"This is the last ... I will ever need."

 

"This sounds just like a B3!"

 

"Action, schmaction."

[KuruPrionz]

Stock market is important to me too. Currently all in cash and waiting. I don't see a "V shaped recovery", I see a "W shaped recovery".

 

That said, there are always some stocks that will do well under adverse conditions. Netflix comes to mind, more people staying home and they provide the entertainment. I missed that boat on the first go-round, they were down around $300 a couple of months ago and are up above $450 somewhere. In my current "twitchy" condition, I'd probably sell it all now and take the profit. Back to watching and waiting.

 

Don't be complacent!!! Things can happen quickly.

 

My favorite total hoser stories involve a certain "ability" I have to hear things in more than one key at a time. The two memorable times - a band I spent 9 years in started out a song in G, the singer/strummer knew it but nobody else did. Simple progression. I heard it in C and played all the changes correctly a 4th higher. It sounded sonorous and mysterious to me, I liked it. The others were twitching. We were pretty close to the end by the time I realized what I was doing.

 

The second time, I was a pick-up for a 3 piece combo backing a vocalist, got the call that afternoon, no charts, just show up and wing it. I did fine until we got to the Heart version of Led Zeppelin's Rock and Roll.

Wrong key again, sounded good to me, again. Much worse since there was only the bassist to play against.

 

The singer hated me with a thousand hates after that, they hired somebody else for Saturday. So it goes...

[Song80s]

I forget what musician said but..... if you're not making mistakes you're not trying hard enough.

 

Or Robben Ford to a new bass player after first night. He apologized to Robben for making a couple mistakes, Robben said.... If you're not making mistakes you're not having fun.

 

Miles Davis and Jimi Hendrix both said... they are transcribing everything I did including the mistakes.

 

I think it was Miles Davis who said.... What note you play next determines if you made a mistake.

 

When in bass school they taught us the worse thing bass players do is when they make a mistake they have bad habit of playing real quiet after that. First your signalling you make a mistake because the whole bottom of the band just disappeared. So "Wrong, but Strong" is the right way to play,

 

That's all I could think of this early in the morning.

 

I am glad you posted that. I was also thinking the value of making mistakes.

 

Without mistakes, we don't evolve creatively, for experimenting/developing.

use the word

experiment-- not much different in context.

[Song80s]

"This is the last ... I will ever need."

 

"This sounds just like a B3!"

 

"Action, schmaction."

 

 

LOL.

 

My desert island keyboards

[Song80s]

Stock market is important to me too. Currently all in cash and waiting. I don't see a "V shaped recovery", I see a "W shaped recovery".

 

That said, there are always some stocks that will do well under adverse conditions. Netflix comes to mind, more people staying home and they provide the entertainment. I missed that boat on the first go-round, they were down around $300 a couple of months ago and are up above $450 somewhere. In my current "twitchy" condition, I'd probably sell it all now and take the profit. Back to watching and waiting.

 

es...

 

cool, good to see a stock market person here.

 

I am in Vanguard, S & P Index fund. 70% invested

in that. The rest cash and some bonds.

 

I am older, 67, retired, so when the S & P plummited to 2500 in March, it was nerve rattling.

 

My wife , who knows little about the market, said to stick with it.

 

She was right. She's like that, 99.9% right about everything.

[David R]

I can do the publicity for my album myself. *facepalm*

[KuruPrionz]

Stock market is important to me too. Currently all in cash and waiting. I don't see a "V shaped recovery", I see a "W shaped recovery".

 

That said, there are always some stocks that will do well under adverse conditions. Netflix comes to mind, more people staying home and they provide the entertainment. I missed that boat on the first go-round, they were down around $300 a couple of months ago and are up above $450 somewhere. In my current "twitchy" condition, I'd probably sell it all now and take the profit. Back to watching and waiting.

 

es...

 

cool, good to see a stock market person here.

 

I am in Vanguard, S & P Index fund. 70% invested

in that. The rest cash and some bonds.

 

I am older, 67, retired, so when the S & P plummited to 2500 in March, it was nerve rattling.

 

My wife , who knows little about the market, said to stick with it.

 

She was right. She's like that, 99.9% right about everything.

 

I prefer to choose my own stocks. Long term - index funds will accrue, certainly better than investments that depend on interest rates.

That said, there are always some companies in the index fund portfolio that one would be better off not owning and some that will be better than the average by a considerable margin.

 

In Tech, I am keeping an eye on Nvidia. If my sense of what is going on is true, we've got another trough to get through. Staying clear of politics makes it impossible to explain, easy enough to do the research.

 

Some things end up needed a quick response - Tesla was way too cheap briefly, shot up much higher and now has become "interesting..."

If one has the stomach for it and the speed, one could do well with the occasional short term move on stocks like that. Risky so not something you put everything into.

 

I've really only daytraded once and it was stressful. Did very well with NIO on their IPO and got out with a nice little chunk in about 3 days. Not eager to do that again.

 

I agree with your wife that you should not panic and sell low. Index funds are a more peaceful, passive way of investing and for many that is a good thing.

 

Watching the news and interpreting the meaning is important, my brother and I were both holding Canadian National Railroad (forget the ticker now), when OPEC decided to run "full" and the market was flooded with affordable sweet crude. We decided it was time to bail on a railroad that was making a third of it's revenue transporting "frack oil" which is lower quality. We got out and the stock plummeted shortly thereafter.

Held that one for a few years and did well but time to run away!!!!

[RandyFF]

I have a good ear, can pick out melodies and basic chords. But as my jamming has demonstrated to me, I can never be complacent. Many times in a jam I thought I was playing the right chords, and as people occaisionally point out, I was wrong. This experience makes me question any song I'm not totally 100% sure about.

[KuruPrionz]

I have a good ear, can pick out melodies and basic chords. But as my jamming has demonstrated to me, I can never be complacent. Many times in a jam I thought I was playing the right chords, and as people occaisionally point out, I was wrong. This experience makes me question any song I'm not totally 100% sure about.

 

I've spent 9 years in one band and 5 years in another that between the two bands I remember ONE gig where we had a set list and stuck to it for more that a couple of songs.

Both of the singers knew lots of songs and are very good at finding what the audience wants. Both bands also take/took requests. Practice? Hah! Maybe a few but not many. Too busy gigging to practice.

 

More times than I can count, we've played a song - once.

 

Plenty of disasters, enough of them mine. Pretty rare that the audience noticed or cared.

The time we tried to play Maybelline as a request and the drummer played the worst possible thing and would not stop, that one was noticed. It was amazing but not in a good way.

 

I stopped worrying about it a long time ago. Too many repeat engagements, if it was that bad we would not have gotten them.

[Song80s]

I have a good ear, can pick out melodies and basic chords. But as my jamming has demonstrated to me, I can never be complacent. Many times in a jam I thought I was playing the right chords, and as people occaisionally point out, I was wrong. This experience makes me question any song I'm not totally 100% sure about.

 

I have a good ear, too.

 

I use to do covers, and started to put together a David Bowie tribute set, where I played all the instruments. Had Davids isolated vocal tracks.

 

3 songs in , I thought it was going good. My song 'jury' said it sounded good, but said the audience might not appreciate the effort, as they heard

the same songs and instruments +500 times. And when I added a variation to the song , it would challenge the causal listener.

 

Since I called it incorrectly, I bagged it. To this day I enjoy doing 99 % original stuff. Never looked back.

[Song80s]

Stock market is important to me too. Currently all in cash and waiting. I don't see a "V shaped recovery", I see a "W shaped recovery".

 

That said, there are always some stocks that will do well under adverse conditions. Netflix comes to mind, more people staying home and they provide the entertainment. I missed that boat on the first go-round, they were down around $300 a couple of months ago and are up above $450 somewhere. In my current "twitchy" condition, I'd probably sell it all now and take the profit. Back to watching and waiting.

 

es...

 

cool, good to see a stock market person here.

 

I am in Vanguard, S & P Index fund. 70% invested

in that. The rest cash and some bonds.

 

I am older, 67, retired, so when the S & P plummited to 2500 in March, it was nerve rattling.

 

My wife , who knows little about the market, said to stick with it.

 

She was right. She's like that, 99.9% right about everything.

 

I prefer to choose my own stocks. Long term - index funds will accrue, certainly better than investments that depend on interest rates.

That said, there are always some companies in the index fund portfolio that one would be better off not owning and some that will be better than the average by a considerable margin.

 

In Tech, I am keeping an eye on Nvidia. If my sense of what is going on is true, we've got another trough to get through. Staying clear of politics makes it impossible to explain, easy enough to do the research.

 

Some things end up needed a quick response - Tesla was way too cheap briefly, shot up much higher and now has become "interesting..."

If one has the stomach for it and the speed, one could do well with the occasional short term move on stocks like that. Risky so not something you put everything into.

 

I've really only daytraded once and it was stressful. Did very well with NIO on their IPO and got out with a nice little chunk in about 3 days. Not eager to do that again.

 

I agree with your wife that you should not panic and sell low. Index funds are a more peaceful, passive way of investing and for many that is a good thing.

 

Watching the news and interpreting the meaning is important, my brother and I were both holding Canadian National Railroad (forget the ticker now), when OPEC decided to run "full" and the market was flooded with affordable sweet crude. We decided it was time to bail on a railroad that was making a third of it's revenue transporting "frack oil" which is lower quality. We got out and the stock plummeted shortly thereafter.

Held that one for a few years and did well but time to run away!!!!

 

 

My older brother is like that- a stock picker.

 

To me, and I guess wrong on stocks, its too close to casino gambling.

 

Its hard to believe individual or small investors have a fair shot.

 

You are correct, I am a passive investor, with a Vanguard Index fund. I think corporate America is always

going to advance, quarter after quarter.

[Stokely]

Says something that in a time when millions of people are losing their jobs, and businesses are going under (and fellow musicians among the worst hit), stock traders are still able to do very well indeed. The ultra-rich for example would probably like to have a pandemic more often, their net worth has gone way up. Nice system we have here.

 

And I'm part of it too, my retirement is in there as well (though I'm not close to getting it just yet).

 

I've known a few day traders and full-time investors over the years and they've all had really bad times for all the good, one lost his shirt completely. Sure seems like a crap-shoot when even the people who study it can't choose right.

[KuruPrionz]

Says something that in a time when millions of people are losing their jobs, and businesses are going under (and fellow musicians among the worst hit), stock traders are still able to do very well indeed. The ultra-rich for example would probably like to have a pandemic more often, their net worth has gone way up. Nice system we have here.

 

And I'm part of it too, my retirement is in there as well (though I'm not close to getting it just yet).

 

I've known a few day traders and full-time investors over the years and they've all had really bad times for all the good, one lost his shirt completely. Sure seems like a crap-shoot when even the people who study it can't choose right.

 

I think too many get too far into the technical aspect and don't pay enough attention to the daily news. Others try to use options and short things, that's risky - a short has no bottom - you can lose every dime you put in.

 

I've certainly made mistakes but putting all my eggs in one basket is not one of them. Diversity does not mean buying a few different tech stocks either, it is important to have a few eggs in many baskets.

Gotta know when to hold 'em too, that's where I am at right now. I have my reasons. Could have done well recently if I had the stomach for it, I will get back in eventually. There will always be winners and losers. The trick is to win more than you lose. Balance...

[CEB]

Man who makes no mistakes doesn"t do very much.

[Song80s]

Says something that in a time when millions of people are losing their jobs, and businesses are going under (and fellow musicians among the worst hit), stock traders are still able to do very well indeed. The ultra-rich for example would probably like to have a pandemic more often, their net worth has gone way up. Nice system we have here.

 

And I'm part of it too, my retirement is in there as well (though I'm not close to getting it just yet).

 

I've known a few day traders and full-time investors over the years and they've all had really bad times for all the good, one lost his shirt completely. Sure seems like a crap-shoot when even the people who study it can't choose right.

 

The stock market is dominated by the wealthy , investment bankers, pension funds, etc.

 

My analogy is that the stock market is similar to an eBay auction.

 

Buying up perceived low share prices, undervalued sectors and so on.

 

Little connection with the common working man and his plight in the economy.

 

Its a head scratcher. I have a $20 bet with my older brother that the market would get severely

depressed by July 15. I am looking way off on that forecast.

[David Emm]

I scoffed at the debate over polyphonic analog synths, declaring it a pricey holy grail you'd only see in the hands of the Jarres & Schulzes.

 

Then things like Korg's 'logue series began popping up like weeds. I'm almost done spitting out the crow feathers.

[CowboyNQ]

I make plenty of mistakes on stage. I"ve played wrong keys, wrong chords wrong notes and even wrong songs. Haven"t played the wrong venue yet...

 

Most recent horrible mistake I made was leaving a cricket ball on the ground too close to a fielding drill I was running (as coach).

 

Sure enough my opening batter stepped on it and rolled her ankle, Ultimately wiping her out for three weeks. In that moment I felt almost physically ill and subsequently spend significant time quietly berating myself. I felt so bad for her and thought I"d cost our very good team a potential premiership. Obviously not a helpful or constructive mindset. These moments teach us it"s not all about ourselves and to get on with solving the issue rather than wallowing in self-pity, but I"ll be honest it took me a while to get to that point on this occasion.

 

To contribute to the side conversation about equities trading that has developed here, my wife day trades as a sideline and does quite well at it. She is pretty disciplined around what and when she buys and only tends to do it at times of extreme volatility.

[jazzpiano88]

The only time I was wrong was a few years ago when I thought I was wrong and turned out to be right.

[Tom Williams]

Most recent horrible mistake I made was leaving a cricket ball on the ground too close to a fielding drill I was running (as coach).

I think my most recent mistake was thinking "Wow, one of those would be tiny."

http://www.airnetworking.com/Pictures/Cricket.jpg

[CowboyNQ]

Tom - We have much larger insects here in Australia so you may be shocked to learn that the cricket ball in question weighed in at 142g.

[Song80s]

The only time I was wrong was a few years ago when I thought I was wrong and turned out to be right.

 

even a broken clock is correct twice per day

[Song80s]

Most recent horrible mistake I made was leaving a cricket ball on the ground too close to a fielding drill I was running (as coach).

I think my most recent mistake was thinking "Wow, one of those would be tiny."

http://www.airnetworking.com/Pictures/Cricket.jpg

 

 

just think, we are descended from crickets, bugs.

 

I know, not everyone agrees in evolution, but my kittens love crickets and say they love me.

 

Proof enough

[David Emm]

Tom - We have much larger insects here in Australia so you may be shocked to learn that the cricket ball in question weighed in at 142g.

 

Oh? I have a friend in the NSW there who swears he saw a horsefly the size of his fist. That may be due to global warming, but it may also simply be that he is a loony who builds his own microtonal mallet instruments, so his word is a bit suspect in these matters. I'm just praying that a murder hornet the size of a Leslie doesn't carry my dog away.

[Stokely]

Funny you say that actually. I was out for a walk a couple weeks ago during a light rain and came across a HUGE frog that caused me to stop in my tracks. It was so big I couldn't really grasp it and we just stared at each other for a bit. It didn't look like a bullfrog at all, and didn't look like those nasty cane toads that unfortunately are making their way up Florida (those are truly huge). I googled frogs in Florida afterward and it was certainly a southern leopard frog--but six or seven inches long and it's head was about three inches from the pavement. It jumped away from me with a mighty six foot leap into the bushes and I just backed slowly away. Wiki says they get 13cm (5 inches) but this looked bigger than that I swear. I told my kids and they just thought I was joking.

[Song80s]

Funny you say that actually. I was out for a walk a couple weeks ago during a light rain and came across a HUGE frog that caused me to stop in my tracks. It was so big I couldn't really grasp it and we just stared at each other for a bit. It didn't look like a bullfrog at all, and didn't look like those nasty cane toads that unfortunately are making their way up Florida (those are truly huge). I googled frogs in Florida afterward and it was certainly a southern leopard frog--but six or seven inches long and it's head was about three inches from the pavement. It jumped away from me with a mighty six foot leap into the bushes and I just backed slowly away. Wiki says they get 13cm (5 inches) but this looked bigger than that I swear. I told my kids and they just thought I was joking.

 

no frog selfie ?

[Outkaster]

Some of the purchases I made based on information I got here.

[Song80s]

Some of the purchases I made based on information I got here.

 

so you were not actually 'wrong '

 

I know you are joking.

 

Your perfect record is still safe

[Outkaster]

No I was wrong because I drank the Kool AId based on what people told me years ago about a certain keyboard or piece of equipment. In two cases it cost me money to get rid of it. I know what you mean. I have been wrong about a lot of stuff like my dad having to go into assisted living which I haven't wanted to face as he was so independent. He had a slight stroke and is OK but his short term memory was affected so it's for the best.