Anyone felt the pinch yet?

Notice a good proportion of my hotels are quiet this week. But with the jubilee round the corner and pride the week after maybe folk are simply saving their trips for that.

Cant help but feel the media are driving a lot of it. They seem hell bent on us heading into a recession. Making people panic and stop spending.

They should be telling everyone its all gravy.

Only area Ive felt it is diesel. £154 to fill my van the other day. That's taking the piss.

5 minutes ago, gonzo said:

Think BD is desperate 😕 

 

though im sure he could try to explain why their profits are so high?

The writing is on the wall for oil.

They have 15/20 years to really cash in. Sounds a long time but isn't.

Don't be expecting cheap fuel ever again. It'll fall here and there but always keep heading north over time.

Renewables is the future. Which is a good thing but the corruption will elbow its way in there too eventually.

Life, innit.

1 hour ago, royal white said:

If you’re that desperate send me your number and I’ll get someone (with no shame) to bell you. You won’t though because you know what I’m saying is true, you’re just being the usual fucktard you are 👍

Just block the antagonistic asshole.

He’s not worth your energy.

 

Edited February 2, 20233 yr by captainmed

54 minutes ago, globaldiver said:

In 1833, in Houndsditch in the City of London, a small antique shop, founded by Iraqi Jewish emigrees became a pioneer in a new trade, imported seashells. Nearly 200 years later the successor business, Shell Plc has posted record annual profits of £32.2bn, and paid £10.5bn in global taxes.

Brilliant stuff, this is a tale of entrepreneurial immigrants finding refuge in this fair isle, taking risks, then using both their skill and the UK’s global trading reach to create a lion of enterprise. They were adventurers, they were pioneering techniques in engineering still in use today, they took the risks and reaped the rewards. They co-operated with our European neighbours, using a Dutch merger to take on the American monopolists of Standard Oil. Today’s Eurocrats love talking about making national champions, Shell did it by themselves.

Their products, oil and then gas, have helped create the modern world. They ensure we live longer, healthier lives through affordable access to heat, light, transport, and products refined from fossil fuels such as plastics and pharmaceuticals.

Now with climate change and environmental stewardship high priorities for all of us they are reinvesting the dividends of the oil age in the low carbon technologies of the future.

Shell is also a Brexit success story, as the dual entity completed its move to London last year, a vote of confidence in the City that started the journey, and country that made it possible. Their taxes pay for our public services, and their shares provide reliable returns to pension funds that support millions of people’s retirement.

Irrelevant all that. 

They're just greedy cunts, with no value to society. 

They don't set the price for the oil they sell, so when it's low, they must suck it up.

When it's high they’re cunts and they must cough up. 

Bastards the lot of them. Should be shot...

 

Interesting that a top bod in BP is disappointed in the return on their green investments, and they're having a review and might stop.

No doubt the oil price and earnings may play a part in that, but I can't help thinking that may be a bit short-termist.

36 minutes ago, Spider said:

1) Changed a shit decision to a better one (albeit was forced into that by family as a kid)

2) changed a shit decision to a better one

3) changed a shit decision to a better one

 

I take it folk who make a decision and never ever change their minds would happily continue to stand in a bucket of shit, just in case the bucket they can’t see is also full of shit?

 

Now, stop it.

You make a decision and then stick by it until the bitter end despite everything else.

You know that.

Voted Liberal when Corbyn was in charge of Labour, I've voted tory once in local council elections, a mix of Labour and Liberal in mayoral elections...

True visionary.....

The old BD spirit lives strong in the new GD

32 minutes ago, captainmed said:

Just block the antagonistic asshole.

He’s not worth your energy.

😭

58 minutes ago, Spider said:

1) Changed a shit decision to a better one (albeit was forced into that by family as a kid)

2) changed a shit decision to a better one

3) changed a shit decision to a better one

 

I take it folk who make a decision and never ever change their minds would happily continue to stand in a bucket of shit, just in case the bucket they can’t see is also full of shit?

 

Depends how many times you change it and whatover

22 minutes ago, Tonge moor green jacket said:

Irrelevant all that. 

They're just greedy cunts, with no value to society. 

They don't set the price for the oil they sell, so when it's low, they must suck it up.

When it's high they’re cunts and they must cough up. 

Bastards the lot of them. Should be shot...

 

Interesting that a top bod in BP is disappointed in the return on their green investments, and they're having a review and might stop.

No doubt the oil price and earnings may play a part in that, but I can't help thinking that may be a bit short-termist.

Interesting about BP, I guess that they can only deploy so much capital and are electing to utilise it most efficiently. Which it was it should!

Just now, DirtySanchez said:

Depends how many times you change it and whatover

1) Once. And that’s it. Football innit.

2) I’ll gladly vote Tory again when they aren’t a shower of incompetent, corrupt narcissists 

3) I’ve changed my opinion, not my decision. So I can’t change it again.

Are you telling me you’ve never changed your mind about anything?

2 minutes ago, Spider said:

1) Once. And that’s it. Football innit.

2) I’ll gladly vote Tory again when they aren’t a shower of incompetent, corrupt narcissists 

3) I’ve changed my opinion, not my decision. So I can’t change it again.

Are you telling me you’ve never changed your mind about anything?

As long as you treat people of all walks of life who change their mind in the same mind 

Just now, DirtySanchez said:

As long as you treat people of all walks of life who change their mind in the same mind 

I’ll do as I fucking well please

4 minutes ago, Spider said:

I’ll do as I fucking well please

Good on you 

1 hour ago, DirtySanchez said:

He used to support Man Utd then swapped 

He used to vote Tory then swapped 

He voted for Brexit then swapped 

It explains a lot. He does seem a tad confused 

Just now, royal white said:

It explains a lot. He does seem a tad confused 

Ah, you've confused confused with critical reasoning there.

Easily done.

1 hour ago, Spider said:

The writing is on the wall for oil.

They have 15/20 years to really cash in. Sounds a long time but isn't.

Don't be expecting cheap fuel ever again. It'll fall here and there but always keep heading north over time.

Renewables is the future. Which is a good thing but the corruption will elbow its way in there too eventually.

Life, innit.

not really, for cars and heating then yes, but and its a big but, we live in world whether we like it or not in a hydrocarbon world.

I suggest where you are sat, all most 100% of what you can touch comes from a hydrocarbon source ( or has a covering of hydrocarbons) and there lies the issues. 

When you brushed your teeth, hydrocarbons, what you are wearing, hydrocarbons etc.

Worked of a few Per-feeds for alternatives fuels, but nothing as every come of them, the economics are not there yet.

Edited February 2, 20233 yr by tyldesley_white

1 minute ago, royal white said:

It explains a lot. He does seem a tad confused 

Capable of analytical thought.

A lifetime of blindly following other people’s instructions wasn’t for me

You’re a military man - on the battlefield, aren’t the top level soldiers trained to analyse and make decisions based on what’s happening in the here and now?

for example - a platoon of lads has chosen to walk down a street but after 10 minutes it becomes clear that there may be land mines. You don’t have time to clear them or risk stepping on one. Do you carry on and hope for the best, or stop and try and find another route?

4 hours ago, Tonge moor green jacket said:

Magnificent. 

All those who voted for brexit have no idea of economics.

Goon.

Are you talking about all who voted brexit 6 years ago had no idea then or now?

Just now, MickyD said:

Are you talking about all who voted brexit 6 years ago had no idea then or now?

both

6 minutes ago, Spider said:

Capable of analytical thought.

A lifetime of blindly following other people’s instructions wasn’t for me

You’re a military man - on the battlefield, aren’t the top level soldiers trained to analyse and make decisions based on what’s happening in the here and now?

for example - a platoon of lads has chosen to walk down a street but after 10 minutes it becomes clear that there may be land mines. You don’t have time to clear them or risk stepping on one. Do you carry on and hope for the best, or stop and try and find another route?

Don’t over complicate things cocker 

You had a choice of ticking one of 2 boxes and picked the wrong one.

Couldn't think of the name of the psychological effect that causes people to stick rigidly to their opinions so I asked ChatGPT - amazing responses. 

---------------------------------

 

What is the name of the psychological effect that causes people to stick more stringently to non mainstream opinions?

 

 

The psychological effect you are referring to is called "confirmation bias." It refers to the tendency for people to favor information that supports their existing beliefs or opinions, and to ignore or dismiss information that contradicts them. Confirmation bias leads people to cling more strongly to non-mainstream opinions, because it reinforces the idea that their opinions are unique and special.

Was there a study undertaken using financial analysts?

 

 

Yes, there have been several studies that have investigated the confirmation bias among financial analysts. One study found that financial analysts are susceptible to confirmation bias and that their forecasts are influenced by their prior beliefs and opinions. This can lead to overconfidence in their predictions and a reluctance to revise their forecasts, even in the face of new information. Other studies have also found that financial analysts often exhibit a strong preference for information that confirms their existing views, and that this can affect the accuracy and objectivity of their assessments.

Is the confirmation bias effect stronger where the analysts opinion is not mainstream?

 

 

Yes, the confirmation bias effect is often stronger when an analyst's opinion is not mainstream, as individuals tend to hold more strongly to non-mainstream opinions that deviate from the majority. In these cases, the confirmation bias can lead to even greater resistance to accepting new information that contradicts their existing views, as they see it as a threat to their unique perspective. This can lead to overconfidence in their non-mainstream opinions and a failure to update their views in light of new information. It's important for financial analysts to be aware of their own biases and to strive for objectivity and impartiality in their assessments and forecasts.

 

ChatGPT Jan 30 Version. Free Research Preview. Our 

2 minutes ago, royal white said:

Don’t over complicate things cocker 

You had a choice of ticking one of 2 boxes and picked the wrong one.

So Brexit was wrong.

Thank you very much.

 

3 minutes ago, royal white said:

Don’t over complicate things cocker 

You had a choice of ticking one of 2 boxes and picked the wrong one.

And decisions are never binary, let’s be honest.

I’ll chalk this one up as a win given your response.

1 minute ago, Spider said:

And decisions are never binary, let’s be honest.

I’ll chalk this one up as a win given your response.

The fact you’re more concerned about your Brexit fuck up over the claims you used to be a united fan tells me all I need to know about you.