nandemo

206 ms·

1741.
by nandemo 18y ago
The efficient market hypothesis says that you cannot predict stock returns using past prices and indicators; future price movements are due to news. Since news are unpredictable (by definition), returns are random. In October 2008 there wer
1742.
by nandemo 18y ago
Thanks. Every article I read mentioning the Porsche/VW affair simply said Germany didn't require large shareholders to disclosure their ownership, which surprised me. Now it makes a little more sense. I figure one could buy deep in-the-mone
1743.
by nandemo 18y ago
I'm not sure if they're a 100% Windows shop. In any case, if you think of it as a sort of modified version of the "Python paradox" for sysadmin, then it makes sense. You can probably get better Windows admins if you look for people who can
1744.
by nandemo 18y ago
I don't know that his job is to predict the future. He's an economist, not a fortune teller. Of course, science can help us to "predict the future", in the sense that we know the sun will rise tomorrow and so on. But economics is not a natu
1745.
by nandemo 18y ago
In the ideal world we'd see only comments like this: "Hi, congratulations for the acquisition. I've been using I Want Sandy and I really regret you've chosen to close it down. I hope you reconsider your decision. Some people pay $x for ser
1746.
by nandemo 18y ago
Yeah, but then it wouldn't be called an anchor. Just as we reasonably assume the anchor is heavier than water, we can assume it will hit the bottom.
1747.
by nandemo 18y ago
Your parody (?) doesn't work. For one, as far I as know there was never a group of "flightists" crying over the fate of non-flying humanity, blaming God or Mother Nature, talking about foolish non-flightists... There's a big difference. Avo
1748.
by nandemo 18y ago
Granted, it's painful to lose a dear one. But there are so many wrong things with this article, it's difficult to know where to start. Angry at the "way-things-are"? Does that even make sense? It feels like he's saying "everyone is dying, a
1749.
by nandemo 18y ago
"[A]nyone smart enough to make it as a computer scientist can make it with less work and risk as an MD, MBA, or JD." This is odd for at least 2 reasons: 1) It's really hard to believe that getting a MD is "less work and risk" than getting a
1750.
by nandemo 18y ago
Well, a good college education is not for everyone. And not everyone wants to college anyway.
1751.
by nandemo 18y ago
No, 2.4% is just a relative return. In your example, the absolute return is -17.6% so the hedge fund managers won't gain anything beyond the 2% or so administration fee. This is not a success for them or for their clients (and that is the p
1752.
by nandemo 18y ago
I beg to differ. As far as recent financial reporting goes, this is a pretty fair account. Although the financial system in general is regulated, hedge funds are unregulated as compared to mutual funds. If you want to know more about a giv
1753.
by nandemo 18y ago
You do have to worry about missing the boat. Historically, there are a few days in the year for which the daily return is huge, say 4 or 5%. You cannot guess in advance. If you miss a couple of very good days, your return might be much lowe
1754.
by nandemo 18y ago
People who support themselves by trading successfully are likely working for a company (bank or hedge fund, etc). Often they are dealers, who make money on the bid-ask spread, so they don't bear as much risk as (say) traders working on prop
1755.
by nandemo 18y ago
Something like this? http://www.addins4outlook.com/sendguard/ I've never tried it, though.
1756.
by nandemo 18y ago
Ah, hindsight. I doubt that many people actually predicted exactly what and when it would happen. Just saying "mortgage-based securities will fall" or "the market will go down in 2007/2008" doesn't count. Of course, I don't doubt that some