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I won't do it because, at a purely personal level, I consider it morally wrong. Should I care whether you consider this to be good or not? Why do I need your moral approval? Or care whether you disapprove? I would act the same way if you considered this to be a great strategy to make money. Does...

Odious, yes. I certainly wouldn't do it. Am I just very, very jaded? There are so many things that happen in the world that I find morally wrong, but are nevertheless legal, or at least not illegal until a lengthy court case. Often, justice in a court of law is a matter of who has the deeper...

Ok, but then that's a matter of law. If the strategy is illegal, than the moral question is irrelevant. The legal issue is one to be decided by the courts. Morally, I do consider it wrong by my own moral code. But morals are never objective, because they're different for each person. Yes, I...

No, I am not prepare to do these deals, because it goes against my morals. However, I would not automatically condemn who does.

My point is that it's all subjective. According to you, this strategy is unethical. I agree, and I wouldn't use it. But where does one draw the line? If preying on the elderly who don't know any better is off limits, is taking advantage of a clueless younger seller who doesn't know the value of...

Sash, what if someone said to you that taking advantage of some 'idiot' (your term) is disgraceful and immoral? Would you not consider a person's lack of knowledge and lack of negotiation skills as a vulnerability? Even more generally, hatred for investors as a group is hardly rare. The fact...