Comments on: Bragging Rights – Have You Considered the Context? http://www.darwinsfinance.com/bragging-rights/ Financial Evolution: Education, Adaptation, Achievement Mon, 06 Feb 2012 15:43:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Budgeting in the Fun Stuffhttp://www.darwinsfinance.com/bragging-rights/#comment-4417 Budgeting in the Fun Stuff Tue, 23 Feb 2010 17:32:31 +0000 http://www.darwinsfinance.com/?p=1870#comment-4417 Yeah, it's annoying to have to weed through hype to get the real story. It's one reason I talk so much...I say something and then feel like I should explain the whole situation. I'm lucky to have a husband and friends that understand that I'm just being thorough and don't get too annoyed with me. :-) Yeah, it’s annoying to have to weed through hype to get the real story.

It’s one reason I talk so much…I say something and then feel like I should explain the whole situation. I’m lucky to have a husband and friends that understand that I’m just being thorough and don’t get too annoyed with me. :-)

]]> By: Weekly Wisdom: Insights That Go for the Gold » The Online Investing AI Bloghttp://www.darwinsfinance.com/bragging-rights/#comment-4359 Weekly Wisdom: Insights That Go for the Gold » The Online Investing AI Blog Sun, 21 Feb 2010 11:08:08 +0000 http://www.darwinsfinance.com/?p=1870#comment-4359 [...] To become money smart, you have to consider context. Darwin’s Finance considers context in this post on bragging rights. [...] [...] To become money smart, you have to consider context. Darwin’s Finance considers context in this post on bragging rights. [...]

]]> By: tim1198http://www.darwinsfinance.com/bragging-rights/#comment-4336 tim1198 Fri, 19 Feb 2010 12:23:59 +0000 http://www.darwinsfinance.com/?p=1870#comment-4336 I had a friend brag about how much money he won in Vegas. He hit the $2000 jackpot, won $600 at the blackjack table, had a great run at the craps table, etc.... I asked, "How much money did you have when you left Vegas?" Busted. People often remember all the winnings, but conveniently forget about the losses. Net winnings/losses would be a better indicator . Tim I had a friend brag about how much money he won in Vegas. He hit the $2000 jackpot, won $600 at the blackjack table, had a great run at the craps table, etc….
I asked, “How much money did you have when you left Vegas?” Busted.

People often remember all the winnings, but conveniently forget about the losses. Net winnings/losses would be a better indicator .
Tim

]]> By: LeanLifeCoachhttp://www.darwinsfinance.com/bragging-rights/#comment-4319 LeanLifeCoach Thu, 18 Feb 2010 11:02:33 +0000 http://www.darwinsfinance.com/?p=1870#comment-4319 I couldn't agree more, caveat emptor! Decades ago I went to work for a major corporation. At first it was a thrill to be a part of it an see all the success. As I spend more time with them and dug deeper into the real data I found more times than not the data was either inflated or manipulated to tell a good story. It's sad to think how much time the world wastes working with inaccurate information. How much more could we accomplish if we knew the real deal? I couldn’t agree more, caveat emptor!

Decades ago I went to work for a major corporation. At first it was a thrill to be a part of it an see all the success. As I spend more time with them and dug deeper into the real data I found more times than not the data was either inflated or manipulated to tell a good story. It’s sad to think how much time the world wastes working with inaccurate information. How much more could we accomplish if we knew the real deal?

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