OFFICIAL Facebook IPO Thread
- Thread starter guerilla
- Start date
Just use deduction.
Oh wait...
You never use deduction.
http://en.wikipedia.org/wiki/Deductive_reasoning
Help me out then buddy. I don't believe my mind is capable of deducing the existence of God from available information. Looking forward to your guidance in this matter.
Guerilla never said he believes in God (maybe he does, I dunno). He could say something like "You can't bend steel with your bare hands, only Superman can do that." I don't think anyone would try to call him out on that logic.
Not as controversial though.
Not as controversial though.
Not trying to start a religious debate, just fascinated with this assertion:
I admit ignorance on this topic so I'm just patiently waiting for the explanation. I don't mind having it dumbed down for me either, since I never use deductive reasoning.
a deductive argument must consist entirely of a chain of factual statements (true assertions) that go from general to specific
Deductive reasoning - Wikipedia, the free encyclopedia
Keep waiting, I have to cook dinner.
Also, I wish you would admit ignorance more often.
This is fun reading:
Existence of God - Wikipedia, the free encyclopedia
It's little more than a primer to a primer on this stuff. But if you love philosophy and logic, there are lots of interesting rabbit holes to explore. Doing so is more fun with (smart) friends, of course.
Existence of God - Wikipedia, the free encyclopedia
It's little more than a primer to a primer on this stuff. But if you love philosophy and logic, there are lots of interesting rabbit holes to explore. Doing so is more fun with (smart) friends, of course.
I'm just dropping the definition of deduction in here. If you can prove that the statements "god exists" and "deities know the future" and "god is a deity" to be true, than you have deductively proven that god knows the future.
that's a mighty big "If" though
and as a clarification point, I follow this line of thought when it comes to god: Theological noncognitivism - Wikipedia, the free encyclopedia so that should clear up my thoughts on the tangent this thread is taking. (I don't actually enjoy debating over god, I find it pointless. Now religion I can go on and on about, but I digress)
Don't top up. There are more things going on affecting the markets than just Facebook's prospects. Most of the market practitioners are traders rather than investors, and when the entire market is going south, they sometimes have to liquidate stuff they'd rather hold just to pay margins on their other trades. Plus panic, long term world economic prospects etc all play their part.
Basically don't do anything till after the June 17th (the date of the Greek elections).
If they crash out of the euro (as is likely), it will affect all markets everywhere, as lots of banks are exposed worldwide. We don't know if it will cause a contagion to Italy, Spain and Portugal - the bond traders like to pick off economies one by one, especially if they are not protected by a determined central bank or strong federal presence (neither of which the EU has).
Not to mention all the outstanding CDS crap still sitting on the books of the likes of Deutche Bank, JP Morgan and Goldman Sachs.
The following article shows Goldman and JP Morgan have sold default insurance of $5 trillion on sovereign debt, they probably thought it was a nice earner with no prospect of paying out.
JPMorgan Joins Goldman Keeping Italy Derivatives Risk in Dark - Bloomberg
If it all unravels, they'll be liquidating all their other assets to raise cash, and all markets will tank. At that point some shares with some very strong fundamentals will become very cheap for those willing to invest for the long term...
P.S. This thread made me feel all nostalgic as it reminded me of the dot.com boom of the late 90's (before the time of most of you). The same willingness to believe blue-sky projections, the same irritation when people pointed out the flaws! The press now keep bringing up Amazon's IPO to "prove" that things work out even though the IPO may be initially overvalued. But for every Amazon, there were at least a thousand others that didn't make it - netscape, askjeeves, boo.com and many others.
I think Google's IPO was the only one that was reasonably priced and that was because a) it happened after the dot.com crash, and b) they didn't let underwriters or insiders set the price, they conducted an online auction, which no-one had attempted before or since (which annoyed Wall Street royally, they spent the entire time "warning" people that without the Wall Street setting the price it would all come unstuck - I think as a result people underbid, G wanted $115 per share and got $85 per share).
I'll dumb it down as much as I can.
God is defined as the all knowing creator.
Speculation is based on incomplete evidence
Therefore God does not speculate.
You're right.
I didn't aim for it to be controversial, in the realm of knowledge, the concept of God helps illustrate a state of understanding which man cannot achieve.
I don't believe in God btw.
I give you credit for at least presenting your argument with propositions, but one doesn't follow from the other because your initial proposition is incorrect. God can be (and has been) defined in many ways, and omniscience isn't always included in that definition. In other words, you can't deduce anything about "God" because there are no factual premises to base any assertions on, and therefore there are no factual conclusions that can be drawn.
If you really want a torturous, semantics-laden discussion about this though, I suggest we spare everyone else and move it over to a new thread.
The fact is not the existence of God, but rather the fact is the concept of God.
It's well accepted that casual use of "God" is the Christian God, and it is biblical fact that he is seen as the creator, and all knowing.
Better luck next time.
It's well accepted that casual use of "God" is the Christian God, and it is biblical fact that he is seen as the creator, and all knowing.
Not really. I think we all know that you're reaching for gotcha points.
Better luck next time.
