<div dir="auto">Yes, certain kinds of speculative and manipulative trading are prohibited except for entities that have traditionally done it.<div dir="auto"><br></div><div dir="auto">I am trying to take advantage of the Gamestop example by buying a small amount of stock in a similarly positioned firm. It's kind of a lottery ticket.<br><br><div data-smartmail="gmail_signature" dir="auto">---<br>Frank C. Wimberly<br>140 Calle Ojo Feliz, <br>Santa Fe, NM 87505<br><br>505 670-9918<br>Santa Fe, NM</div></div></div><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Sun, Jan 31, 2021, 11:15 AM Roger Critchlow <<a href="mailto:rec@elf.org">rec@elf.org</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div dir="ltr">But companies and mutual funds are collective investments. Hedge funds are collectives. They don't think of themselves that way, but even Elon Musk is a huge collective if you take into account everyone who holds some kind of stake in Tesla, Spacex, Boring, and so on.<div><br></div><div>Or are you invoking the collective than which none can be more collective?</div><div><br></div><div>Although the argument is made endlessly in terms of individuals versus collectives, isn't it really a battle by existing collectives to prevent the formation and growth of competitive collectives? The assertion that certain forms of "natural" collectives should be more privileged under the law and protected from competition from "unnatural" collectives?</div><div><br></div><div>-- rec --</div><div><br></div></div><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Sun, Jan 31, 2021 at 12:43 PM Marcus Daniels <<a href="mailto:marcus@snoutfarm.com" target="_blank" rel="noreferrer">marcus@snoutfarm.com</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex">
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<p class="MsoNormal">Eric writes:<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal">< The mechanics by which wealth skews place a spectrum of bets within or out of reach, and then the value judgments of the specific bets particular actors take, are both things to be understood. I find arguments frustrating in which one
tries to get a clear picture of the mechanics, and suddenly the conversation gets overwrought about valuations, as if the two were the same topic. ><u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal">One could imagine making the discretionary spending by the NIH opt-in on taxes. Since many pharmaceutical patents build on research funded by the NIH, the government could insist on a better rate on drugs than those that did not opt-in
to that taxation. Patents could be blocked without a convincing examination of supporting research. “Oh I see you opted-out on NIH research on your 1040, your chimeric antigen receptor treatment bill will be $500k. Here is a CareCredit application.”
(Sadly that’s the situation for most people, now.)<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal">If a large fraction of people don’t to even want to acknowledge the need for collective investments, it should be no surprise when the rest take matters in to their own hands, or use it as leverage to profit.
<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal">Marcus<u></u><u></u></p>
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