The Official Fire Feaster Thread

[moon]

Originally Posted by Street Pharmacist

Bombshell from Millions. Iginla family knew Pittsburgh was destination at 530MT. Chiarelli pulls Khokhlachev, Bartowski off ice after that, meaning they thought they were still in. Sounds like Feaster played Boston to drive price.

Change anyone's opinion of the deal now?

Nope

If anything looks worse on Feaster but thought it was a bad deal before still looks bad if this is the truth and this was "driving up the price" that is awful.

[kipperfan]

[QUOTE=Street Pharmacist;4164232]Bombshell from Millions. Iginla family knew Pittsburgh was destination at 530MT. Chiarelli pulls Khokhlachev, Bartowski off ice after that, meaning they thought they were still in. Sounds like Feaster played Boston to drive price.

Change anyone's opinion of the deal now?[/QUOTE]

Yes, not only is Feaster a bad GM who makes bad trades he is also an unethical one that seems to believe there is no issue pissing off every executive in this league...and then trying to do buisness with all of them.

[rubecube]

Originally Posted by Tinordi

The analogy is that you've bought a house and it's going down in price, all signs in the market are that the price declines will continue. For a rational agent the proper decision would be to sell the house immediately and cut your losses. For a human decision maker they will most likely choose to hold onto the house and hope that house prices turn around, or they spend more money to renovate the house and try to increase it's resale value. This behaviour is widely observed in behavioural studies and it's what has afflicted the Flames management.

Why the hell do I need to read an entire book for that? I'm pretty sure most people are familiar with the "sunk cost" fallacy.

[bomba]

from TSN preamble in Iginla presser:

"Feaster called Shero and told him that Iggy wanted to go to Pitt"

Seems like that's a good way to ensure you get the highest trade value!

[Cowboy89]

Originally Posted by Tinordi

The analogy is that you've bought a house and it's going down in price, all signs in the market are that the price declines will continue. For a rational agent the proper decision would be to sell the house immediately and cut your losses. For a human decision maker they will most likely choose to hold onto the house and hope that house prices turn around, or they spend more money to renovate the house and try to increase it's resale value. This behaviour is widely observed in behavioural studies and it's what has afflicted the Flames management.

Definately prospect theory. Although the house in your analogy should probably be replaced with a car. Reason being is that a car is expected to depreciate in value much like Iginla as he ages.

Those pissed off that the Flames traded Iginla can no more be pissed at Feaster than they can be at father time. I would like nothing more than to turn back the clock to 2006 and have Iginla in Rocket Richard trophy winning form combined with Kipper in Vezina trophy form again, but alas nothing gold can stay and move on we must.

[Reign of Fire]

Originally Posted by bomba

from TSN preamble in Iginla presser:

"Feaster called Shero and told him that Iggy wanted to go to Pitt"

Seems like that's a good way to ensure you get the highest trade value!

Feaster has gots to go

[Tinordi]

Originally Posted by rubecube

Why the hell do I need to read an entire book for that? I'm pretty sure most people are familiar with the "sunk cost" fallacy.

Because it's an incredibly interesting and relevant book and this is only one point that he raises among many others to explain oddities of human decision making?

Jeez louise

[Tinordi]

Originally Posted by Cowboy89

Definately prospect theory. Although the house in your analogy should probably be replaced with a car. Reason being is that a car is expected to depreciate in value much like Iginla as he ages.

Those pissed off that the Flames traded Iginla can no more be pissed at Feaster than they can be at father time. I would like nothing more than to turn back the clock to 2006 and have Iginla in Rocket Richard trophy winning form combined with Kipper in Vezina trophy form again, but alas nothing gold can stay and move on we must.

That's more relevant but the more important point is the decision making parameters under conditions of 'no-win.'

[l33t_hax0r]

Originally Posted by Tinordi

The Flames organization needs to read Kahneman's book THinking Fast and Slow, explaining the senescence that has happened to this organization is explained by prospect theory.

Flames were bad 3 years ago, noticeably bad, they only really had bad options at that point, ride it out and hope the team somehow turns it around or sell off your players and take the bitter pill. There were no good options.

When a decision maker is in this situation they to become MORE risk seeking. Instead of cutting their losses and minimizing their pain, the agent will actually pursue less likely riskier scenarios that have higher payoffs.

The analogy is that you've bought a house and it's going down in price, all signs in the market are that the price declines will continue. For a rational agent the proper decision would be to sell the house immediately and cut your losses. For a human decision maker they will most likely choose to hold onto the house and hope that house prices turn around, or they spend more money to renovate the house and try to increase it's resale value. This behaviour is widely observed in behavioural studies and it's what has afflicted the Flames management.

My favourite book in the last five years. Every few pages there's another epiphany about human behaviour.

[Phanuthier]

Originally Posted by bomba

from TSN preamble in Iginla presser:

"Feaster called Shero and told him that Iggy wanted to go to Pitt"

Seems like that's a good way to ensure you get the highest trade value!

Sounds like crap Craig Button / Kevin Lowe used to try and pull.

[kyuss275]

Originally Posted by bomba

from TSN preamble in Iginla presser:

"Feaster called Shero and told him that Iggy wanted to go to Pitt"

Seems like that's a good way to ensure you get the highest trade value!

Pathetic. He does not know how to negotiate trades or signings.

[Cowboy89]

Originally Posted by Tinordi

That's more relevant but the more important point is the decision making parameters under conditions of 'no-win.'

I agree. That's why Iginla needed to be traded to allow the organization reset their mandates to progress forward and that might turn out to be more important in the long run than the return on the trade.

[Jebus]

Originally Posted by Hemi-Cuda

not just this trade in particular, but has Feaster EVER been on the winning side in a deal? he inherited a Stanley Cup team in Tampa then proceeded to cripple them for years to come, and every move he's made as the Flames GM has been neutral at best and full ###### at worst

the man is just not a hockey guy. i don't care how many people he surrounds himself with, if the GM of your team doesn't have a mind for the game and a good eye for talent you're going nowhere

The link to tradetracker was posted in the speculation thread.

Looking it over, show me a trade that Feaster lost in the Flames org?
and don't say this one, as it has been stated Jarome held the keys to this trade.

[davidus_49]

I liked feaster before this. But I am now on board for him to go. He will not fix this franchise, only set it back more.

[Badgers Nose]

Originally Posted by l33t_hax0r

My favourite book in the last five years. Every few pages there's another epiphany about human behaviour.

CRappy trade and adding to my reading list.

Being a Flames fan = fail

[Badgers Nose]

all the flames picks in 2013 and 2014 for Derek Roy. Do it!

[MoneyGuy]

I think Feaster must do the bidding of those above him, King et al. If so, he's not responsible for this trade. Can you fire a guy in this situation? Eventually he will be the fall guy when they feel they have to fire someone, but GMs and coaches are fired all the time for that reason.

[Hemi-Cuda]

Originally Posted by Jebus

The link to tradetracker was posted in the speculation thread.

Looking it over, show me a trade that Feaster lost in the Flames org?
and don't say this one, as it has been stated Jarome held the keys to this trade.

did you forget the Regehr trade so quickly? wasting a pick on Modin, blowing a 2nd rounder on an underachieving Cammalleri . the best move he's made was getting anything in return for the whining baby Erixon, but everything else has been a wash

[kipperfan]

Am at work and on a Webex meeting right now with a guy from outside Philly (but he is a Pens fan). He says "sorry about Iggy" I say "I was pretty shocked" him "really?" me " yeah just by the crap return" him "lol I follow the Pens fairly close and I have never heard of those two guys, you guys got fleeced"

Edit: This post might've work better in another thread, oh well.

[Brannigans Law]

The problem isnt that this deal is horrible, it's that the deal wasn't done 2 years ago. Pretty cut and dry. Iggy dictated this thing and Feaster didn't have a lot of great options. I don't like Feaster, don't get me wrong. He's a talker and talk is cheap.