The devil you say! What does The devil you say! Expression mean? Definitions by the largest Idiom Dictionary. The devil you say! - Idioms by The Free Dictionary. Jan 13, 2021 The Devil, You Say! By Tim Knight - 1 week ago (13, Jan 2021 11:06:02 AM) In late May of last year, I did a post called The DMC Challenge which had a very simple premise: I would take a hypothetical $ 500,000 wad of cash and put all of it into my best long ideas and best short ideas, evenly distributed among every symbol, and see what happens. If you really fulfill the royal law stated in Scripture, 'Love your neighbor as yourself,' you are doing well. Treasury of Scripture You believe that there is one God; you do well: the devils also believe, and tremble. YOU ARE LOST IN SIN.' Points for spelling if not knowledge of where the Caps-Lock key is. The citation checks out, too. Revelations 12:9: 'And the great dragon was cast out, that old serpent, called the Devil, and Satan, which deceiveth the whole world: he was cast out into the earth, and his angels were cast out with him.'
The Devil You Say
What attitude do we take as faithful Catholics when the headlines periodically swell with tales of credulity and incredulity over such matters as demons and exorcists?
The first thing to remember is St. Paul’s counsel that we “may no longer be infants, tossed by waves and swept along by every wind of teaching arising from human trickery, from their cunning in the interests of deceitful scheming” (Ephesians 4:14). Paul has in mind the various fashions and fads that whip people up with excitement about the Latest Thing.
Sometimes such fads are conscious deceptions by people out for power or a buck. But more often we are faced with people who think they are telling the truth. So, for instance, while Dan Brown was clearly lying when he told us that The Da Vinci Code was based on fact and careful research, it is not at all clear that the millions of suckers who bought the hype were lying when they repeated it around millions of water coolers. (“Joe thinks that there Da Vinci thing is a pretty good read. Says he learned a lot about the Catholic Church. I think I’ll read it.”)
Much the same goes on in the periodic enthusiasms over other spiritual matters. Your friend Bob reads a book about exorcism by an enthusiastic priest. Bob’s a good guy, you figure, and smart, so it must be worth a look. Because Bob’s your pal, you’re already predisposed to trust and defend the book, even when the priest claims to have performed 30,000 exorcisms in a nine-year period. In case you are counting, that’s nine exorcisms per day for nine years. Later, he ups the count to 50,000 exorcisms. This seems rather a stretch, and your atheist co-worker snorts at the book and at your friend. So you get defensive for Bob and for the priest, as though some sacred part of Holy Church is under threat if you don’t buy that 30,000-to-50,000 exorcisms claim, sight unseen.
In fact, it’s okay to listen when your skepticism bells go off, just so long as you are clear about what’s in doubt. The 30,000 exorcisms claim, if shown to be false, doesn’t mean the Church’s teaching is wrong. It doesn’t mean the priest knows nothing about exorcism. It doesn’t even mean Bob is a liar or a fool. There’s only one thing it certainly does mean, if shown to be false. It means that that claim is false, and it suggests that the priest making the claim is human and may not be altogether reliable. Further evidence may come to light showing the priest to be completely unreliable, but until you have the facts, you are getting ahead of yourself. It does not in the slightest mean that demons do not exist and the power of Christ cannot expel them.
In all this, my point is to stress the need for prudence and sound judgment in discussing the demonic. The trouble is: Prudence and sound judgment are in short supply in modern media — which is why I think it inadvisable for Catholics to spend too much time discussing the demonic in the public square. Such discussions tend to generate far more heat than light.
In this, I think I have the backing of Tradition, which tends to give short shrift to Satan, not parade him in lurid tales. Jesus’ exorcisms more or less consist of advising possessors to buzz off. The Lord’s Prayer shunts Old Scratch to the final line and addresses not him, but God the Father (“Deliver us from the evil one.”). Paul scarcely mentions him at all, and only in passing as a hindrance and as a thing Jesus is about to tread underfoot.
In short: If you want to drive Satan nuts, keep your eyes on Jesus.
Mark Shea, content editor at CatholicExchange.com,
blogs at NCRegister.com.
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In late May of last year, I did a post called The DMC Challenge which had a very simple premise: I would take a hypothetical $500,000 wad of cash and put all of it into my best long ideas and best short ideas, evenly distributed among every symbol, and see what happens. When I did the post, the first comment was:
The Devil You Say
Well, it’s been almost eight months, so let’s check in on the Devil May Care portfolios!
Since the time of the post, the S&P 500 is up a little more than 30% and the small caps are up almost 60%. It will come as a shock to absolutely nobody that the DMC Longvastly outperformed the DMC Short portfolio, but I find the results fascinating nonetheless.
The DMC long started like this, with $20,000 in each position…….
As of this moment, one-fifth of the longs yielded a loss, with the worst one being down almost 18%. However, this is utterly dwarfed by the gains, three of which are triple-digit percentages and one of which is a quadruple-digit percentage.
Plug Power yielded profits of almost a third of a million dollars from its original $20,000 position. Overall, there is a gain of 112%, which is three times what the S&P 500 has gained. Simply stated, Tim the Permabear didn’t do a bad job picking out longs.
There were far more short candidates – – five times as many, in fact, so the starting positions were only $4,000 each.
Keep in mind, the whole idea of “devil may care” was that there would be no stop losses. And, thus, some of the losses in these short positions are monstrous, such as the nearly 300% loss with CLF. No sane person would ever endure this, but the portfolio suffered a loss of about 51%.
What’s kind of interesting is that if you started with a million dollars and allocated it the way I did above, your combined portfolio would be worth about about $1.3 million right now, matching the S&P 500’s.
Big deal, right? But it is kind of a big deal, because you started off with a totally balanced portfolio, and even though this hypothetical person can absolutely ravaged by huge losses in the short portfolio, in the end, he produced a return every bit as good as the S&P (although, let’s face it, just owning the SPY would be less stressful!) If the market had gone into a tailspin, I doubt the portfolio would be down nearly as much as the market overall.
Here, finally, is the champion of DMC Long, which has made a habit of going up basically every single weekday, and whose gains single-handedly would have wiped out all the losses from the DMC Short portfolio and still have yielded a triple-digit cash profit.
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