Forum Topics Down votes should be public and require a reason
Chalky1610
2 weeks ago

Well responded Noddy, Seems like the snowflakes smelt very easy in this day and age I wonder if those snowflakes are woke in nature as well. By the way I do down vote but what the snowflakes and the woke seem to forget is that whether a snowflake received a vote up or a down vote, the action of the vote still adds to their contribution. A snowflake or awoke individual was always most likely to bring an apple to the teacher in grade 2 as for me I bought Whoopie cushions and a playboy magazine with Elle McPherson. As for the snowflakes, well some mothers just do have them unfortunately. Hey Noddyol boy, I up voted your post. Back to my hustler magazine my bottle of Jamesons and my Cuban cigar. 

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edgescape
2 weeks ago

As I just received a downvote for my latest valuation update, it would be good if it was accompanied by a reason or a private message note by the user.

I also don't mind if the user keeps themselves anonymous after posting the note.

At the end of the day, people make mistakes in their valuation but also you need to consider the amount of time I spent doing it. This included downloading the financial data, doing a rough balance sheet/income statement forecast and "plugging" the numbers and revalidating the figures while correcting mistakes. It was also part of my assessment which I spent a few weeks on and then spent another 2 days revising it after the latest company results.

Hence it would be good to get a little feedback on what went wrong and why I deserve a downvote.

And I would also mention if the downvote should be ruled invalid because I didn't put the full balance sheet/income statement data in (this is actually the norm in most DCF reports).

I do put my hand up for my initial valuation mistake but that doesn't deserve a downvote either.

I also have a IT background so going back to mathematics after more than a decade has been a real challenge for me especially in an area not familiar to me (financial maths) and I'm bound to make mistakes as I learn along the way.

Sorry for the rant!

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Mark1
2 weeks ago

Remember, there far more that appreciate your posts, straws and valuations than downvote.So you must be doing a lot right.Its easy to say 'igore the downvoter' but I know thats difficult.Fortunaetley Andrew is changing it and removing downvotes.  Yay!BTW my maths sux too. I havent even attempted a proper valuation here! LOLOLOLOL 

Mark  

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edgescape
2 weeks ago

Thanks Mark. I'm also looking forward to the upcoming changes to the site so will leave it as it is for now.

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Noddy74
2 weeks ago

Edgescape, the haters are always going to hate and as Mark said that functionality is being taken away imminently.

If you put up a valuation backed up by a solid DCF you're already miles ahead of the pack in my view.  The quality of some of the crap that gets put up here is abysmal - and they're just my posts! 

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Chalky1610
a month ago

Well done strawman, the decision made is progressive and as stated in line social media and other such platforms, well done. 

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Strawman
a month ago

It's been really informative to get everyone's perspectives on the voting system, and it's prompted us to reconsider how it works.

After a lot of careful thought, we've decided to remove downvotes altogether. This aligns us with the standard among most social platforms and will prevent the trolling we see from a very small minority of users.

As with twitter, if you don't like a post you can just ignore it. We're also looking to add a mute function which will hide posts from contributors that you don't find valuable.

We'll hopefully have this delivered soon.

The best way to ensure you see the content that is most valuable to you is to follow users and companies that you are interested in, and then configure the filter settings (located at the top right of the newsfeed). For example, you could select to see only the content from those you are following only, and turn off forum posts and trade notifications. Remember too, that you can drill into all the content from a particular user by going to their profile page and clicking on the 'Activity' tab.

Also, on a Company page, you can sort Straws according to votes so as to easily find the most endorsed material. We're also going to add valuations to this feed so you dont have to scroll through users individually.

Down the track, we're hoping to develop a smarter newsfeed which will prioritise the most valuable content (this is actually a lot harder than it sounds, and is something the big tech companies have spent millions on refining).

With Strawman, we're hoping to avoid the clutter and noise (and frankly the hostility) that is typical of most stock forums. Our approach is to give every user their own personal company report for every company, on which they can post whatever content they want without having to get drawn into long debates.

If someone has different perspectives, they can post their own insights (Straws) and Valuations. The community will decide what is best via the voting system, which will influence the ranking of content and contributors. And, as Bear77 says, the forums are there if people want to have a discussion.

As always, we're looking to continually refine the platform and are very much guided by community feedback.

Onward and upward!

 

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