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Author Topic: Vegas & The Aftermath - Diary  (Read 7881181 times)
tikay
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« Reply #24555 on: December 18, 2011, 05:29:09 PM »


I mentioned in that Interview the chap that valued himself, @ 1.8.

I'm pretty sure that, given the chance, I'd bite his hand off - this kid could be anything, as they say in horse racing circles.

(About 2mins, 18 secs in, to avoid my usual blathering).

http://www.youtube.com/watch?v=CwECkUxrzd8
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« Reply #24556 on: December 18, 2011, 05:38:53 PM »


.

Pretty cool looking piece of kit, huh?

PS - I stil owe you £500 Jim, & I can't see me getting to Luton this side of you-know what. Can you send me Bank Deets, or I could maybe pass it to an intermediary, some we can both trust, or even Chompy?
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« Reply #24557 on: December 18, 2011, 05:42:00 PM »


Thanks Tonji, keep them coming, please.

If only I could figure out how to resize them so I could Post on here, I could Post more Pics, & write less......gotta be win-win, yeah?

 
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« Reply #24558 on: December 18, 2011, 05:45:00 PM »


Tom, you often come up with these biblical references, Psalm #'s etc, & I'm pretty sure you don't gooogle them. How come you know them, what is the background? I was not aware that you had a religious bent.
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« Reply #24559 on: December 18, 2011, 05:47:32 PM »


I thought Mr Keys "auction" was interesting, but I'm still not sure the best way to approach it tactically. I asked one blonde - pro player - for advice, & he did me right, then another blonde "legend" wrote to me, & we sort of worked a few things out together.

But it's clear that James has cleverly led people away from the 'am I getting value' stance, and created a competitive arena, where winning appears more important, than getting a good price.

I paid the "highest" price at this auction, and as you have implied that the buyers were "mugs" (my implication) then i will bore you with my reasoning as to why it was a very good price for me.

Auctions allow a price to be set as a function of supply and demand.

On the supply side JK was lucky in that there are no other pieces for sale so anyone who wants to buy a bit of this event has to buy off him. But he was also very clever and only sold 30% - this limited the supply even further. And limited the time period on a novel proposal to limit the analysis of the correct "price". (although this was a function of the time left in the week more that anything else)

For me i wanted someone to "rail" as I had donated to the update, this increased the price I was prepared to pay. I am not going to play it as I have no chance. Another factor about the price is it also depends on the number of stakes made, if there is an intention to do this over a long time and many stakes then the price matters more, however for one off occasional purchases then the price paid is of less significance.

As to what JK is worth in that field, it is impossible to answer, as the long run equilibrium point will never be reached (as not enough Monte Carlo's will ever take place). However there are some players that would have an ROI of -50% and others at +100%, I think is safe to say JK is in the top end of that range.

Some bidders may not have understood the correct strategy in bidding on this type of auction, but i don't think that everyone fell into that camp.

Given the price paid, I think it was a good deal, it was much less than I was willing to pay and slightly more than JK would have been willing to sell, so win win.

</boredom>
anyway Macroeconomics>microeconomics

Yo neeko.

Well as you said, "your implication" ("mugs"), but just thought I'd make you aware, in case you did not know him, that Jakally does not have a bad bone in his body, & I'm sure he never intended it to be critical of you. He's one of the good guys, it's that Greeky you need to be careful of.
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« Reply #24560 on: December 18, 2011, 05:50:18 PM »


If we ever hold a QOTYA ("Quip Of The Year Award), Andrew would get all the nominations.

He owns, every damn time.
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« Reply #24561 on: December 18, 2011, 05:52:39 PM »


Amazing stuff, thank you.

These are my Christmas pressies, they are all I want.
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« Reply #24562 on: December 18, 2011, 05:54:11 PM »


I thought Mr Keys "auction" was interesting, but I'm still not sure the best way to approach it tactically. I asked one blonde - pro player - for advice, & he did me right, then another blonde "legend" wrote to me, & we sort of worked a few things out together.

But it's clear that James has cleverly led people away from the 'am I getting value' stance, and created a competitive arena, where winning appears more important, than getting a good price.

I paid the "highest" price at this auction, and as you have implied that the buyers were "mugs" (my implication) then i will bore you with my reasoning as to why it was a very good price for me.

Auctions allow a price to be set as a function of supply and demand.

On the supply side JK was lucky in that there are no other pieces for sale so anyone who wants to buy a bit of this event has to buy off him. But he was also very clever and only sold 30% - this limited the supply even further. And limited the time period on a novel proposal to limit the analysis of the correct "price". (although this was a function of the time left in the week more that anything else)

For me i wanted someone to "rail" as I had donated to the update, this increased the price I was prepared to pay. I am not going to play it as I have no chance. Another factor about the price is it also depends on the number of stakes made, if there is an intention to do this over a long time and many stakes then the price matters more, however for one off occasional purchases then the price paid is of less significance.

As to what JK is worth in that field, it is impossible to answer, as the long run equilibrium point will never be reached (as not enough Monte Carlo's will ever take place). However there are some players that would have an ROI of -50% and others at +100%, I think is safe to say JK is in the top end of that range.

Some bidders may not have understood the correct strategy in bidding on this type of auction, but i don't think that everyone fell into that camp.

Given the price paid, I think it was a good deal, it was much less than I was willing to pay and slightly more than JK would have been willing to sell, so win win.

</boredom>
anyway Macroeconomics>microeconomics

Yo neeko.

Well as you said, "your implication" ("mugs"), but just thought I'd make you aware, in case you did not know him, that Jakally does not have a bad bone in his body, & I'm sure he never intended it to be critical of you. He's one of the good guys, it's that Greeky you need to be careful of.

im non-confrontational all around nice guy.

Neil Giblin, the richest man in all of Belper is not. I took Jakally's post as a personal attack on neeko and other stakers. Bang out of order.
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« Reply #24563 on: December 18, 2011, 05:56:35 PM »

Errrrrrrr Sack Ryan pls. A set is a set and trips are trips

We had quite a debate about this. To me, as you say, a set is VERY different to trips.

I guess it's all semantics, & it matters not, unless you are on a poker forum.......
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« Reply #24564 on: December 18, 2011, 05:57:38 PM »


I thought Mr Keys "auction" was interesting, but I'm still not sure the best way to approach it tactically. I asked one blonde - pro player - for advice, & he did me right, then another blonde "legend" wrote to me, & we sort of worked a few things out together.

But it's clear that James has cleverly led people away from the 'am I getting value' stance, and created a competitive arena, where winning appears more important, than getting a good price.

I paid the "highest" price at this auction, and as you have implied that the buyers were "mugs" (my implication) then i will bore you with my reasoning as to why it was a very good price for me.

Auctions allow a price to be set as a function of supply and demand.

On the supply side JK was lucky in that there are no other pieces for sale so anyone who wants to buy a bit of this event has to buy off him. But he was also very clever and only sold 30% - this limited the supply even further. And limited the time period on a novel proposal to limit the analysis of the correct "price". (although this was a function of the time left in the week more that anything else)

For me i wanted someone to "rail" as I had donated to the update, this increased the price I was prepared to pay. I am not going to play it as I have no chance. Another factor about the price is it also depends on the number of stakes made, if there is an intention to do this over a long time and many stakes then the price matters more, however for one off occasional purchases then the price paid is of less significance.

As to what JK is worth in that field, it is impossible to answer, as the long run equilibrium point will never be reached (as not enough Monte Carlo's will ever take place). However there are some players that would have an ROI of -50% and others at +100%, I think is safe to say JK is in the top end of that range.

Some bidders may not have understood the correct strategy in bidding on this type of auction, but i don't think that everyone fell into that camp.

Given the price paid, I think it was a good deal, it was much less than I was willing to pay and slightly more than JK would have been willing to sell, so win win.

</boredom>
anyway Macroeconomics>microeconomics

Yo neeko.

Well as you said, "your implication" ("mugs"), but just thought I'd make you aware, in case you did not know him, that Jakally does not have a bad bone in his body, & I'm sure he never intended it to be critical of you. He's one of the good guys, it's that Greeky you need to be careful of.

im non-confrontational all around nice guy.

Neil Giblin, the richest man in all of Belper is not. I took Jakally's post as a personal attack on neeko and other stakers. Bang out of order.

Welcome back "old-style" Greeky.

Kinboishi - nick his stars, please.
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« Reply #24565 on: December 18, 2011, 06:06:43 PM »

There are several pictures of Scarabs with those indicators on the roof, which would suggest that they were a factory addition rather than a retro-fit

They were present on the one in this pic (Which I suspect is a later model) but they were fitted lower down.


Note the Wonderful J type Bedford in the background.


 Click to see full-size image.






What a GREAT photo, Tom, thank you.

Far left of photo, Austin (or Morris) 1100.

Then the Scarab, foreground.

Behind the scarab, going the other way, a London RT (bus), there were the predecessors to RM's (Routemasters), & were a much superior product, imo.

Then there is the parked J-type Bedford, long since out of use here, but still seen a-plenty in Africa, & used to this day in many third-world Armies.

And now we come to that wonderful Taxi, or Black Cab. That model is still in use today, all over the UK. Was there ever a more utterly reliable vehicle built than a traditional London Taxi?

http://en.wikipedia.org/wiki/Austin_FX4

Any REAL Taxi geeks here? Take a look at this, then......

http://www.london-taxi.co.uk/guides/taxi/index.htm
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« Reply #24566 on: December 18, 2011, 06:14:51 PM »


Congrats to Tom, on reaching 1,000 pages in his somewhat prosaic Diary. Oh, wait - he's STILL not there?
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« Reply #24567 on: December 18, 2011, 06:37:06 PM »


Tom, you often come up with these biblical references, Psalm #'s etc, & I'm pretty sure you don't gooogle them. How come you know them, what is the background? I was not aware that you had a religious bent.

I think I mentioned before that all sort of little sayings and bits of prose stick in my head when I read them, including bible quotes. I do have to use google to reference them, but that's easy if you type the quote in first.
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« Reply #24568 on: December 18, 2011, 08:18:10 PM »

When in Lomdon, I now live in an area known locally as "The Hamptons".

Here's it's Wiki page, which includes the derivation of "Hamptons", & a fascinating piece about the local & rather grand Victorian Water Treatment Works, including a photograpg of same.

http://en.wikipedia.org/wiki/Hampton,_London

Actually, even by my standards, that's rather dry, almost prosaic, (lword of the week), but Lord Channing told me he'll tell us one of his very long stories if I mentioned "The Hamptons".

Over to you, Neil.
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« Reply #24569 on: December 18, 2011, 08:39:22 PM »

When in Lomdon, I now live in an area known locally as "The Hamptons".

Here's it's Wiki page, which includes the derivation of "Hamptons", & a fascinating piece about the local & rather grand Victorian Water Treatment Works, including a photograpg of same.

http://en.wikipedia.org/wiki/Hampton,_London

Actually, even by my standards, that's rather dry, almost prosaic, (lword of the week), but Lord Channing told me he'll tell us one of his very long stories if I mentioned "The Hamptons".

Over to you, Neil.
wow tikay. my nut place to live is Collingham on the Trent (better fishing) but i am pretty sure The Hamptons would be on Keith Arthurs top 5 list.

remember seeing the James/rupert video in the summer. good stuff.
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