Ferguson, MO

[inkybinky]

@rawraw

I studied under a professor who had a lot of experience with African American issues. One of the things I remember finding interesting was that there was a criticism from some African American academics on how African American’s as a whole reacted to their situation by basically just not participating in the system. This was juxtaposed with how the Jewish people responded. I’m positive that if a white professor informed us of these opinions he would have lost his job. At any rate, these things are very complicated and can’t be viewed in isolation of historical context. But I don’t think the blame for situations like this can ever be placed solely on one individual.

I don’t know many people who run their lives based on their “historical context”.

[rawraw]

@inkybinky

@rawraw

I studied under a professor who had a lot of experience with African American issues. One of the things I remember finding interesting was that there was a criticism from some African American academics on how African American’s as a whole reacted to their situation by basically just not participating in the system. This was juxtaposed with how the Jewish people responded. I’m positive that if a white professor informed us of these opinions he would have lost his job. At any rate, these things are very complicated and can’t be viewed in isolation of historical context. But I don’t think the blame for situations like this can ever be placed solely on one individual.

I don’t know many people who run their lives based on their “historical context”.

Everything your parents teach you about the world and how to percieve it come from that context.

[inkybinky]

@rawraw

Everything your parents teach you about the world and how to percieve it come from that context.

I think “poor upbringing” is probably better than “historical context”, if that’s what you’re going for. Also, in most of these cases, it’s “parent” (not “parents”).

[ohai]

At some point, this context becomes no longer relevant, and we are left with a bunch of people clinging to some notion of the past that did not really apply to them. What happened to your parents’ parents’ parents’ is not the same as what happened to you.

I agree that upbringing has many components, not just “historical context”. But in some cases, I believe throwing out this historical context is the first step to actually achieving better upbringing.

[Ghibli]

Yep, the people of Ferguson would do well in a black history class. Nope, don’t think so.

[Sweep_the_Leg]

@ohai

I agree that upbringing has many components, not just “historical context”. But in some cases, I believe throwing out this historical context is the first step to actually achieving better upbringing.

Let me turn this into a statement about performance:

I agree that past performance has many components, not just “historical returns”. But in some cases, I believe throwing out this past performance is the first step to actually achieving better returns.

Someone should put this on the Ameriprise daily AM call.

[system]

https://www.youtube.com/watch?feature=player_embedded&v=nGAeb9R_FFE

Just saw this too from a couple of weeks back. A black man chokes to death when police get unnecessarily aggressive with him.

[geo]

I don’t understand why one group thinks it has a monopoly on shitty historical context.

[Greenman72]

@Sweep_the_Leg

Someone should put this on the Ameriprise daily AM call.

Hatin’ on Ameriprise now? You defended them not long ago.

[Sweep_the_Leg]

@Greenman72

@Sweep_the_Leg

Someone should put this on the Ameriprise daily AM call.

Hatin’ on Ameriprise now? You defended them not long ago.

They’re just the low hanging fruit. There are plenty of very “sophisticated” RIAs out there that do the same thing. It’s a product of charging a fee instead of commissions. Everyone has the ability to change funds anytime for no cost so they’re always chasing something.

[Ghibli]

@Sweep_the_Leg

@Greenman72

@Sweep_the_Leg

Someone should put this on the Ameriprise daily AM call.

Hatin’ on Ameriprise now? You defended them not long ago.

They’re just the low hanging fruit. There are plenty of very “sophisticated” RIAs out there that do the same thing. It’s a product of charging a fee instead of commissions. Everyone has the ability to change funds anytime for no cost so they’re always chasing something.

I wish I could get clients out of some of their legacy held funds, but the tax hit would be enormous. The math says I can justify higher fees for a long while if the tax can be paid later. Count on the government to disincentivize switching to the newer better product.

[Greenman72]

^+1

“Uninvesting” a client’s money is harder than investing it.

[higgmond]

@Sweep_the_Leg

@ohai

I agree that upbringing has many components, not just “historical context”. But in some cases, I believe throwing out this historical context is the first step to actually achieving better upbringing.

Let me turn this into a statement about performance:

I agree that past performance has many components, not just “historical returns”. But in some cases, I believe throwing out this past performance is the first step to actually achieving better returns.

Someone should put this on the Ameriprise daily AM call.

Hatin’ on anything associated with Tommy Lee Jones will not be tolerated here.

[Sweep_the_Leg]

[higgmond]

No matter how he may age, this is the only TLJ my mind ever sees:

[Sweep_the_Leg]

[Greenman72]

I hate the town of San Saba and their graveyard football field with the hole in the middle of it. (I played against them in high school.)

[Greenman72]

Waitaminute. TLJ went to school at Lee High School in Midland, Texas? Now I really have a reason to hate him.

[higgmond]

The only reason to hate on TLJ is the fact that he introduced Al Gore at the DNC back in 2000. He has made up for that though by being a public supporter of fracing in TX.

[former_trader]

^ He more than made it up with No Country for Old Men.