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Re: Uncertainty breeds fear

By: tkc in ALEA | Recommend this post (0)
Sun, 20 May 12 5:34 AM | 70 view(s)
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Msg. 07945 of 54959
(This msg. is a reply to 07944 by Cactus Flower)

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Hi CF, "The weird thing is the lack of acknowledgment."
It is indeed weird, even when they finally do acknowledge mistakes, massive screw-ups, they continue their unrelenting support. Could it be an ego thing, even subconscious? The inability to accept they've used bad judgement, made a big mistake. Especially those that have over invested. Unquestionably there is something psychological. There is the Wavoid leadership dynamic and a group dynamic. Then there is also the naive investor (several of those). I only had Psych 101, just enough to be a touch neurotic. Which I occasionally display. Pleasant evening CF.


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The above is a reply to the following message:
Re: Uncertainty breeds fear
By: Cactus Flower
in ALEA
Sun, 20 May 12 2:41 AM
Msg. 07944 of 54959

Hi tkc,

The weird thing is the lack of acknowledgment.

I might say - look, I understand that there are serious operational problems here, I understand that I have been misled, but the opportunity is so close and I've been pursuing it for so long that I'm going to opt for stability in spite of it. That's a sustainable position and you are acknowledging reality while adopting vision as a choice.

But instead you see from some what looks like deliberate blindness to operational deficiencies, from others justification out of fear suggesting a want of chutzpah, from others the grotesque rationalisation of dishonesty, and from yet others a willingness to be told what to think. I wouldn't want to stand on that ground.

It is what it is. The desire for conformity, reinforced by professions of adherence probably feels appealing if you are a true believer. But it looks weird and a wee bit repellant if you are on the fence, and might jump towards Wave if you could see a path to a changing governance environment. So the risk is that the visionistas exclude the fencers.

In my view, the folks Wave most needs to stop the price declining are those who observe all aspects of reality and might be persuaded not to sell. The Wave stalwarts hardly matter as they were not going to sell anyway. I'd have worked towards accommodation of people who are concerned, rather than setting up an iconic image of orthodoxy.


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