March 20, 2025 • 8 mins
Chris explores lost values in language, spotlighting Greek words like philotimo (love of honor) and parisia (fearless speech). He urges frankness for the common good, not tribal loyalty, praising rare honesty from figures like Ro Khanna. www.watchdogonwallstreet.com
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Episode Transcript
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Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst and trader Chris Markowski.
Speaker 2 (00:16):
Values and traits that we have lost and language? How
many people remember? Back again, I'm dating myself going back
to the school library. For whatever reason it may be,
I remember this from middle school, going into the school
library and spidy. I don't remember all the card catalogs
and Dewey decimal system. They would always have an Unabridged
(00:38):
English Dictionary, huge, massive dictionary, Unabridged English Dictionary, every single word. Again,
I don't know why this popped into my head today,
but a few years ago, actually going back in a
few years twenty sixteen, almost ten years ago, I remember
doing a radio show and they were making I was
(01:00):
making fun of the new words that they were adding
to the dictionary, which they do every year, and I
think one word was a moji and in twenty sixteen,
be ancer. I didn't know what it was. I didn't
know what it was, and it was explained to me
on air, and I'm like, wait a second, didn't the
Egyptians used to do that. Inn't that like basically hieroglyphics.
But anyway, either here nor there. You know, it's amazing.
(01:23):
We have a massive dictionary English language and other languages,
languages that most certainly predate English. They have words that
we don't have, even though that their their their dictionaries
are much smaller, but words that have meaning meaning. I've
(01:50):
gone over a word here on the programs. You know,
a Greek word and I didn't learn this from my
mother in law was doing some studying and some reading.
Talked about this several occasions here on the program. It's
called philotimo, and this word means in essence. There's a
little bit more than that, love of honor or sense
(02:13):
of honor. Again, it is it's hard. There's actually philotimo's societies,
and I know you want to go on YouTube and
watch a little bit and learn about it. It's very,
very difficult to translate. It is an all encompassing word
that encompasses virtues such as pride in one's actions, the
(02:36):
people around them, your community, having a deep rooted belief system,
and doing what is honorable at all times, how you
treat other human beings. It's it's really kind of a
(02:57):
neat word. And you can go try to find in
English words in the Unabridged English Dictionary this big and
you're not going to find it. You're not going to
find it. Now. Again, this is an ancient word. I
learned another one yesterday. I learned another one yesterday. It's
another Greek word. And again I didn't learn this one
(03:18):
from my mother in law. I was doing a little reading. Uh, parasia.
I want to talk about that today, and I like
this word a lot. It's can be translated as frank speech,
or courage of speech, or freedom of speech, but it's
(03:40):
kind of like all three. It's basically going out and
speaking without fear, even at personal risk, because guess what
you're doing what is right? It is for this sake
of truth. It is for the sake of the common good. Again,
(04:05):
the word is parisia something we try to engage you know, again,
I'm human. I maybe fall short from time to time.
Something I tried to do and we've engaged in on
the air for twenty five plus years. It's unfortunate. It's
(04:27):
unfortunate because again, you know, we live with so many
people that that the way that they phrased their speech.
It's engineered to get, you know, a certain reaction, whatever
it may be. Speech writers, all of this stuff. When
more oftanon people just don't speak frankly and from their
heart and what they should be doing or what they
should be saying. You know, Talib mentions this, and I've
(04:51):
said it before here on the program. If you see
a fraud or you see something that's wrong sense, and
you don't say anything, you don't speak your mind, well
then you're a fraud too.
Speaker 3 (05:08):
Well, you know it might hurt my family, It might
hurt my What about what about your neighbor? What about
the people around you? You're not You're not going to
warn them or alert them.
Speaker 2 (05:18):
You're not going to speak frankly because you're Your only
concern is me, myself and I as song song from
Basically Day Lot Soul nineteen eighty nine, Me myself and
I and too many people in today's day and age.
That's all I care about. Me myself and I. Oh,
(05:40):
I can't speak out. I can't say that might that
comes at great personal risk. Well, Dan, you're a bit
of a coward, aren't you. You okay with that? We're
supposed to put ourselves at risk for others? Are we
(06:03):
not that we're called to do? To be honest, to
speak frankly, to live a life of which involves Parisia
speaking frankly. That's why I find it very, very difficult
to watch watch many of these these you know, cable
(06:24):
news programs. I know, gut Field's funny, this one's funny
that way. I find it difficult simply because I know
how many of these places operate. You know, it's okay
to have differing opinions, right, so it's okay to have that.
It's okay to have debate. But when you are assigned
(06:45):
a team and you're there to defend your team, your side,
your tribe, whatever you want to call it, even when
they're wrong, I can't listen to you. I really can't
listen to you. I'm gonna actually give some kudos out to,
(07:10):
you know, people that are technically not they're not conservatives,
Harold for Junior for example, this guy that another guy recently,
I've criticized him in regards to I don't agree with
his policies and many of his ideas, but at least
he came out Rocanna from California. At least he came
out and said, what we're going after Tesla, We're trying
(07:32):
to destroy it? Are you crazy? You have to be
able to do that. I do it here on the program,
and people get very angry vitriolic. Okay, you had a
lot of Trump supporters. They ain't getting nasty too. How
(07:53):
dare you you? You go after their profit? I do
it all the time. I'm here to be honest with you.
And we should all speak frankly and think clearly what
is the best thing for uh everyone, the entire country,
and you know what? You should speak your mind. You
(08:15):
shouldn't be afraid, well, what are they going to think
of me? Who cares? Who cares? Again, the place you
want to get to in life is that you know what?
You don't care? You don't you know, it's between you,
your family, people you care, and God. You don't care
what other people? What are they going to say if
(08:36):
you say such a thing. Well, I don't care. If
it's truthful, if it's honest, I'm going to I'm going
to say it. And too many people shy away from
that in today's day and age. So that's your vocab
word for the day. Parisia Look it Up. Watch dog
on Wall street dot Com
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst and trader Chris Markowski.
Speaker 2 (00:16):
Values and traits that we have lost and language? How
many people remember? Back again, I'm dating myself going back
to the school library. For whatever reason it may be,
I remember this from middle school, going into the school
library and spidy. I don't remember all the card catalogs
and Dewey decimal system. They would always have an Unabridged
(00:38):
English Dictionary, huge, massive dictionary, Unabridged English Dictionary, every single word. Again,
I don't know why this popped into my head today,
but a few years ago, actually going back in a
few years twenty sixteen, almost ten years ago, I remember
doing a radio show and they were making I was
(01:00):
making fun of the new words that they were adding
to the dictionary, which they do every year, and I
think one word was a moji and in twenty sixteen,
be ancer. I didn't know what it was. I didn't
know what it was, and it was explained to me
on air, and I'm like, wait a second, didn't the
Egyptians used to do that. Inn't that like basically hieroglyphics.
But anyway, either here nor there. You know, it's amazing.
(01:23):
We have a massive dictionary English language and other languages,
languages that most certainly predate English. They have words that
we don't have, even though that their their their dictionaries
are much smaller, but words that have meaning meaning. I've
(01:50):
gone over a word here on the programs. You know,
a Greek word and I didn't learn this from my
mother in law was doing some studying and some reading.
Talked about this several occasions here on the program. It's
called philotimo, and this word means in essence. There's a
little bit more than that, love of honor or sense
(02:13):
of honor. Again, it is it's hard. There's actually philotimo's societies,
and I know you want to go on YouTube and
watch a little bit and learn about it. It's very,
very difficult to translate. It is an all encompassing word
that encompasses virtues such as pride in one's actions, the
(02:36):
people around them, your community, having a deep rooted belief system,
and doing what is honorable at all times, how you
treat other human beings. It's it's really kind of a
(02:57):
neat word. And you can go try to find in
English words in the Unabridged English Dictionary this big and
you're not going to find it. You're not going to
find it. Now. Again, this is an ancient word. I
learned another one yesterday. I learned another one yesterday. It's
another Greek word. And again I didn't learn this one
(03:18):
from my mother in law. I was doing a little reading. Uh, parasia.
I want to talk about that today, and I like
this word a lot. It's can be translated as frank speech,
or courage of speech, or freedom of speech, but it's
(03:40):
kind of like all three. It's basically going out and
speaking without fear, even at personal risk, because guess what
you're doing what is right? It is for this sake
of truth. It is for the sake of the common good. Again,
(04:05):
the word is parisia something we try to engage you know, again,
I'm human. I maybe fall short from time to time.
Something I tried to do and we've engaged in on
the air for twenty five plus years. It's unfortunate. It's
(04:27):
unfortunate because again, you know, we live with so many
people that that the way that they phrased their speech.
It's engineered to get, you know, a certain reaction, whatever
it may be. Speech writers, all of this stuff. When
more oftanon people just don't speak frankly and from their
heart and what they should be doing or what they
should be saying. You know, Talib mentions this, and I've
(04:51):
said it before here on the program. If you see
a fraud or you see something that's wrong sense, and
you don't say anything, you don't speak your mind, well
then you're a fraud too.
Speaker 3 (05:08):
Well, you know it might hurt my family, It might
hurt my What about what about your neighbor? What about
the people around you? You're not You're not going to
warn them or alert them.
Speaker 2 (05:18):
You're not going to speak frankly because you're Your only
concern is me, myself and I as song song from
Basically Day Lot Soul nineteen eighty nine, Me myself and
I and too many people in today's day and age.
That's all I care about. Me myself and I. Oh,
(05:40):
I can't speak out. I can't say that might that
comes at great personal risk. Well, Dan, you're a bit
of a coward, aren't you. You okay with that? We're
supposed to put ourselves at risk for others? Are we
(06:03):
not that we're called to do? To be honest, to
speak frankly, to live a life of which involves Parisia
speaking frankly. That's why I find it very, very difficult
to watch watch many of these these you know, cable
(06:24):
news programs. I know, gut Field's funny, this one's funny
that way. I find it difficult simply because I know
how many of these places operate. You know, it's okay
to have differing opinions, right, so it's okay to have that.
It's okay to have debate. But when you are assigned
(06:45):
a team and you're there to defend your team, your side,
your tribe, whatever you want to call it, even when
they're wrong, I can't listen to you. I really can't
listen to you. I'm gonna actually give some kudos out to,
(07:10):
you know, people that are technically not they're not conservatives,
Harold for Junior for example, this guy that another guy recently,
I've criticized him in regards to I don't agree with
his policies and many of his ideas, but at least
he came out Rocanna from California. At least he came
out and said, what we're going after Tesla, We're trying
(07:32):
to destroy it? Are you crazy? You have to be
able to do that. I do it here on the program,
and people get very angry vitriolic. Okay, you had a
lot of Trump supporters. They ain't getting nasty too. How
(07:53):
dare you you? You go after their profit? I do
it all the time. I'm here to be honest with you.
And we should all speak frankly and think clearly what
is the best thing for uh everyone, the entire country,
and you know what? You should speak your mind. You
(08:15):
shouldn't be afraid, well, what are they going to think
of me? Who cares? Who cares? Again, the place you
want to get to in life is that you know what?
You don't care? You don't you know, it's between you,
your family, people you care, and God. You don't care
what other people? What are they going to say if
(08:36):
you say such a thing. Well, I don't care. If
it's truthful, if it's honest, I'm going to I'm going
to say it. And too many people shy away from
that in today's day and age. So that's your vocab
word for the day. Parisia Look it Up. Watch dog
on Wall street dot Com
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