Comments on: I am a Monkey

By: Posts I Enjoyed Last Week

Posts I Enjoyed Last Week — Fri, 14 Nov 2008 04:31:00 +0000

[...] Man at Lazy Man and Money declares “I am a monkey.” [...]

By: Q at $1 Million to My Name

Q at $1 Million to My Name — Sun, 17 Jun 2007 12:46:15 +0000

ooohh-ooohh-ooohh-ooohh-aaaahh-aaaahh-aaaahh-aaaahh!!!

By: Tim

Tim — Sat, 16 Jun 2007 18:30:32 +0000

all this monkey business made me want a banana.

By: Tim

Tim — Sat, 16 Jun 2007 15:53:23 +0000

i guess for someone that doesn’t want to take the risk on penny stocks, shorting, or margins, investing in the market loaning what is a less riskier and less heart wrenching daily experience is better. the guy stands to make much more than 13%, and i can’t see a person borrowing money at that rate and investing in the market if he wasn’t investing in higher risk stocks or shorting stocks.

By: The Financial Blogger

The Financial Blogger — Fri, 15 Jun 2007 23:55:20 +0000

“Lazy Man (blog author) says:
Added on June 15th, 2007 at 8:19 am

THR: I have read stories of people doing that kind of arbitrage.”

And were the results good? I mean, I guess that “C” and above people would not necessarily pay you back completely.

Thx.
FB.

By: Jonathan

Jonathan — Fri, 15 Jun 2007 22:36:45 +0000

As long as you don’t throw any feces at others, I’m cool with you being a monkey ;)

By: Steve

Steve — Fri, 15 Jun 2007 19:06:54 +0000

Thanks for the positive and insightful take on prosper. Since it’s launch I have been intrigued about loaning some money on there but the recent stream of negative articles I’ve seen was making me hesitant to.

Your article provided some much needed perspective on building a prosper portfolio in a rational manner that makes financial sense.

By: Golbguru

Golbguru — Fri, 15 Jun 2007 17:08:29 +0000

Forgive me for this, but yesterday you claimed to be a material “Man”. ;)

“It’s very dangerous to take one example and generalize it for the whole group or sector.” – This thing plagues a whole lot of us now-a-days. Take a case and flavor it up to suit your needs – that seems to be the trend.

By: Lazy Man

Lazy Man — Fri, 15 Jun 2007 16:19:56 +0000

THR: I have read stories of people doing that kind of arbitrage.

By: The Happy Rock

The Happy Rock — Fri, 15 Jun 2007 16:10:46 +0000

I am surprised we haven’t heard stories of people with good credit taking loans on prosper only to lend money on prosper to people with higher interest rates.

By: MillionDollarJourney.com

MillionDollarJourney.com — Fri, 15 Jun 2007 16:07:31 +0000

The borrower would be much better off saving his $1500 surplus for a year and using that as startup investment capital. At least then he doesn’t have the added risk of leverage.

By: Susan

Susan — Fri, 15 Jun 2007 14:56:40 +0000

Your very last point of taking one example and then generalizing (or not doing so, as the case may be), remindes me of my favorite new quote, “The plural of ‘anecdote’ is not ‘data.’” I found it in a book “un-Spun: finding facts in a world of disinformation” by Brooks Jackson and Kathleen Hall Jamieson. It has apparently been attibuted to a variety of economists.

Great blog, by the way. Thanks for all the info on Proper.com — it’s very helpful.

Susan