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August 4, 2006 at 3:06 AM #30639August 4, 2006 at 6:52 AM #30640hsParticipant
Powayseller, I hope I am not the one who got you in trouble.
Plus it is an internet discussion. Please do not take it too seriously. Please come back. 🙂August 4, 2006 at 7:17 AM #30644lindismithParticipantI know part of the reason I’m here is because Powayseller posts so much information that’s really provocative.
Without her on the board, the last couple of days were so boring.
I think we’re all leaning her way (well, 99% of us,) else we wouldn’t be here.
It’s great how much time she spends researching, and then pushing the envelope with people who try to refute her.
If I had more time, I’d be posting more, but I know she’s going to say exactly what I’m thinking. (Albeit a little more to the point/blunt, than I would. And that is the best part!!!!) Anyone agree with that?
August 4, 2006 at 7:32 AM #30646hsParticipantI totally agree.
We should appreciate the time and efforts she spent on this forum.August 4, 2006 at 11:00 AM #30685zkParticipantDocteur, “you bring around a bunch of BS”
“sdrealtor is a rude arrogant asshole”
“lack of intellectual capability on my questions”
Hoo! I’m pretty sure none of those powayseller quotes pass the lady/gentleman test that ps herself espoused. Heck, they’re not even true.
August 4, 2006 at 11:44 AM #30687AnonymousGuestPoway Seller posts some great information on the board. After monitoring the site for several months, however, I have to say much of the analysis aspect of the posts (in general, not just PS) has been overdone and are becoming reduandant. Today there is no debate that the market is crashing. Now it is just time to sit back and enjoy the show. Nobody can predict exacly how it will play out, that’s what makes this so fasinating.
August 4, 2006 at 12:03 PM #30690DoofratParticipantThe most important step to take is the first step —
admitting you have an addiction to Piggington.When asked why you post, you might have said, “I just like to post!” or “It’s my choice to post.”
Other posters have promoted the idea that posting is a matter of personal choice. As I see it, there really isn’t as much choice as they have suggested to the forum.
Ask yourself, and be totally honest: Am I addicted Piggington? Am I truly making a freely made choice when I post?
You might consider that you need to have a look at the forums or need to post. Studies have shown that Piggingotn addiction is as hard to break as heroin or cocaine addiction.
In Poster’s Anonymous’ 12 Step program, which sprang from the venerable Alcoholics Anonymous program, the first step is admitting to yourself, “I’m powerless over Piggington.”
Making this admission may seem trivial to you, but for many it is a very significant part of completing the journey to becoming a non-poster.
By telling posters that posting is a personal choice, Piggington has helped to keep its customers in denial about the true extent of their addiction to Piggington. If Posting or reading is a choice, then what’s the rush to quit? Piggington posters have used this spin to help keep millions of posters and lurkers posting and reading their topics and comments.
Admitting that you’re posting more out of addiction to Piggington than choice will help motivate you to go on to the next steps — taking control of yourself and becoming a non-poster.
This admission will further serve you by helping you stay free later. In the months and years after you quit, when temptations to post or read occasionally overpower you — and they will — remind yourself, “I have an addiction to Piggington and I’m powerless over Piggington.” Saying this to yourself in overwhelmed moments of desire will help give you the strength to say no to “just one” post.
If you can make it for just five minutes without giving in, the urge to post will be controllable or disappear. In this way, you’ll be able to stay post free for life.
August 4, 2006 at 12:07 PM #30691lindismithParticipantthat’s funny doofrat!
I am not afraid to admit, I AM A PIGGINGTON!
August 4, 2006 at 12:40 PM #30695anxvarietyParticipantTo whoever said that PowaySeller is the reason 90% of us are here.. I enjoy PowaySellers posts along with everyone elses – but the reason 100% of us are here is because Rich has invested a ton of time keeping this site up…
Anyone who hasn’t started a web-site before.. please know that it takes alot of effort to get to the point where Rich has this one.
Rich writes articles AND posts to the forum.. thats incredible. I’m sure most understand how hard it is to write an article – especially when you everyone is going to be going over with a fine toothed comb… that’s hard to do when you’re venturing into new territory like ‘housing bubble’ at the time when he started this site.. he has to make sure every sentence and every word checks out if he wants to keep his reputation as strong as it is.. then on top of that he’s responding to individual posts in the forums.. this is a big deal. I don’t know Rich personally and don’t have anything to gain, I just think people should focus on applauding his efforts more than anyone else.
I think people forget how much of their knowledge comes from Rich’s early independent thinking and data formation.. next time you’re firing off statistics and facts try and remember where you got them.. having loyalty and respect for pioneers is largely what keeps people pioneering in my opinion.
August 4, 2006 at 12:57 PM #30699PerryChaseParticipantI’ve read Piggington since the beginning and only posted recently. For sure, Rich was among the first to call the housing bubble. That was at a time when “investing” in real estate was the no brainer thing to do. Rich took a lot of personal risk developing this site. I’m sure he educated countless readers. Thanks Rich! I believe Professor Piggington is now tenured and chair of the department.
August 4, 2006 at 1:06 PM #30700CarlsbadlivingParticipantPowayseller,
Where on this website does it say that if you don’t believe in a 50% drop then don’t bother posting? You’re totally out of line. One of the things that makes this site so interesting is that we can have disagreements. One of my favorite forums was the guy from Amarillo who got on here and tried to sell us his overpriced Texas house.Who cares if some of use don’t believe in a 50% drop. I honestly don’t think things will fall that far. Does that mean I’m an idiot? We’ll all entitled to our own opinions. Who says that your opinion has to be right?
I deeply enjoy your posts but if you’re going to name call people on this board for their differing thoughts on the market, then it’s probably best you leave.
August 4, 2006 at 2:08 PM #30710smfjParticipantI am an addict. Add my boyfriend to the list of SOs who would fully agree with that statement.
A note on differing opinions:
The value of any data analysis is dependent on two things: a) the quality of the underlying data (garbage in, garbage out, as they say), and b) the relevence and accuracy the way you analyze this data, including your underlying assumptions. Both a & b are subject to examination and debate.
I love the different viewpoints on this board as they allow me to evaluate and refine my own arguments and analysis by offering alternative explanations, interpretations, and methods. I like the vibe here too – everyone’s usually respectful, analytical, non-emotional.
And yes, it’s a lot healthier than watching “So You Think You Can Dance”.
August 4, 2006 at 6:06 PM #30724powaysellerParticipantCarlsbadliving, I am honored to do my duty to educate the newbies, like our friend from Amarillo. When I must do this with a seasoned investors or long-time piggington readers, it’s just repetitive and I lose my patience.
August 4, 2006 at 6:43 PM #30726CarlsbadlivingParticipantPS,
I appreciate your efforts in educating all of us. I for one have learned a great deal from you. However, I don’t agree with 100% of everything you say. And I have yet to meet anyone who agrees with 100% of my thoughts. That’s human nature.If you find yourself losing your patience with someone or some topic maybe it’s just best to refrain from replying to that topic and saving your emotion for your thoughtful and insightful posts.
And please respect the seasoned investors and long-time readers, they may have differing thoughts than you but we are all here for the same reason and I’m sure we all have the same “general” feelings about San Diego real estate.
August 4, 2006 at 6:49 PM #30727zkParticipantPS,
I think part of the problem may be that you consider yourself to be “educating” anybody.
You’re offering your opinion. Your opinion may or may not be correct. But you think that anybody who disagrees with you displays a “lack of intellectual capability on my questions.” You’re so certain that your opinions are correct that you don’t perceive somebody who doesn’t listen to your “education” uncritically as merely someone who disagarees, you see them as an unruly student who refuses to agree that the Earth revolves around the Sun.
“When I must do this with a seasoned investors or long-time piggington readers, it’s just repetitive and I lose my patience.”
I can’t speak for any other long-time pigginton readers, but I don’t consider what you dole out here as education at all. Let alone something you need to repeat. I see it as lots of research followed by what its sometimes very questionable analysis. I, personally, am happy to read what everyone posts, including you, look at it as objectively as possible, try to analyze the strength or weakness of the argument, and see if there’s anything I can learn. Sometimes I learn from what you post. Sometimes it’s a waste of my time. Which is fine. Every poster here (I don’t count Rich as a poster), including me, posts both solid and questionable material. I’m willing to go through chaff to get wheat. The problem is when you consider everything you write to be golden wheat and start saying that a perfectly reasonable man like Docteur is “(bringing) around a bunch of BS.” All that does is expose your possible emotional issues with your position in both the housing market and this forum.
I’ve been suspicious of such issues for quite some time, and wasn’t going to say anything until you failed the lady test horribly and removed most of the remaining doubt that I had about your issues. So many people here, especially the women, defer to you so uncritically. And some of the men seem to be in a bit of a cat fight with you. I’m neither, and I thought I’d offer my perspective on the issue. Read every post I’ve ever posted, and you’ll see that I’ve never called anyone a name, nor have I gotten emotional about anything. I’m trying to offer you advice from a calm, hopefully rational place. Of course you can take it or leave it.
I think you need to take a deep, close, open-minded look at yourself and see exactly why this forum and your situation make you feel the way you do. Learn to meditate, if you haven’t already, and meditate on it. (Meditation, for anybody who reads this, is a relaxation technique that changed my life. Anyone can benefit from it, and everyone should, in my opinion. It will most likely make you a calmer, happier person.)
And I think you need to understand that you are not always right. Intellectually, you may already understand that you are not always right. But emotionally, it seems to me that you’re struggling with that issue. Perhaps its part of a larger issue involving your confidence. Perhaps you really are certain you’re always right, in which case you need to somehow learn, deep down inside, that you’re not. Or perhaps you’re actually insecure, and the thought of being wrong horrifies you.
Perhaps it’s none of the above. Perhaps it’s nothing at all. But, from my perspective, is seems like there are probably changes that could be made for the better.
If you’re not honest with yourself about all this, then you can’t help yourself. Keep that in mind.
Good luck.
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