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  #189  
Old 06-22-2006, 03:01 PM
oracle80
 
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Quote:
Originally Posted by Exceller
I admit I am wrong when dealing with people that admit when they are wrong. Oracle has never been wrong about anything in his life. From the first time I posted here Oracle went off on how syndicate owners aren't really owners and how we think we are. Guy is a jealous jerk. Probably couldn't come up with the money to buy into a horse anyway.
Look, I never once said that, you are lying again. Go back and show me the post where I say that syndicate owners arent really owners. They damn sure are!!! I told you a funny story about syndicates(and I remember it well) and you have tried to twist that into me saying something else. The story was meant to be funny and believe me, it is funny if you are ever there.
The story I related was that ocsacionally up here you will run into two-three maybe four people in one night out that tell you that their horse is running tomorrow. YOu ask him who it is and they all say the same name. Its truly a funny story that actually has happened because to those hwo dont understand syndicates and how they work, they scratch their heads and say but we just met the guy who owns the horse at the last bar we were in. Its not a story that knocks syndicate owners, it was a story that shows how funny a night out here can be. Many owners(including Lans) start out as syndicate owners to get their feet wet and understand the business and the game. Its limited risk and by buying into a few of them at a smaller share you get to cover your ass better with less exposure, like a mutual fund as opposed to a single stock. Like a mutual fund the syndicate head acts as the fund manager acts. Selecting who to buy and sell, at what price, etc.
Now look, you can toss all the **** against the wall and hope thats oem it sticks, but the truth is I never said any such thing. Could we dispense with the bull**** and lies please?
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