Recent content by drtomaso

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    Intelligent Design is not creationism

    Why is this a bad thing? How science responds to anti-intellectual pseudo-scientific, and I am sorry, but fraudulent and dishonest attacks is very much a hot topic for discussion within the scientific community. Put it another way: should geologists have to invite flat-earthers to their...
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    Stanford MBA vs Berkeley Financial Engineering

    I suspect what we are seeing now is actually more "loose" than previous- which isnt a good thing ;) Remember these degree's are relatively recent developments. It may also be a function of how tight the labor market is- when the good times are nigh, better opportunities being available in...
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    Stanford MBA vs Berkeley Financial Engineering

    I wouldnt say that the CFA has the same degree of respect that a PhD has, but it certainly is a valued designation. My alma mater's night school offers a MS in "Investment Management" that focuses on the CFA curriculum, up to level II I believe. Thus the full CFA can be argued to be somewhere...
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    Stanford MBA vs Berkeley Financial Engineering

    It can- but isnt required for that sort of work. A degree in computer science is better suited to such roles as the business/product knowledge isnt as pressing a need as the systems/design knowledge. I work in IT on the street, and you would be shocked how many candidates I interview for such...
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    The Truth About Commodities, including Oil - Complete Speculation

    I don't understand your argument at all. Please explain how it is possible to manipulate the market using unregulated exchanges? I'm not saying its not possible, but so far I have not seen a decent explanation of how its being done. Links, please.
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    The Truth About Commodities, including Oil - Complete Speculation

    Those same nations then send their oil ministers on whatever TV news program is convenient to claim that there is no fundamental support for the current price, and it all must be market manipulation from NY and London.
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    The Truth About Commodities, including Oil - Complete Speculation

    While you are at it, please post charts showing where speculators are stock piling all the oil that they refuse to sell to consumers at lower prices, and thus must take delivery of. Or maybe its that there isnt enough to meet demand, so they have no trouble finding buyers even at $130+...
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    Boone Pickens & Those Stealing From Consumers (& Investors/Traders) Should Be Hung

    Just because you are unwilling to pay it doesn't mean others aren't. Again, these "speculators", at the end of the contract period, are having no trouble finding consumers willing to buy out their contracts. If they did have trouble, prices would fall or speculators would start taking...
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    Boone Pickens & Those Stealing From Consumers (& Investors/Traders) Should Be Hung

    Yes, because members of the US House of Representatives are bastions of honesty and fonts of both financial and legal wisdom. Again, if traders were "Gaming" the market, we would see stock piling. Why is it so hard to believe that production simply hasn't kept pace with demand due to under...
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    Boone Pickens & Those Stealing From Consumers (& Investors/Traders) Should Be Hung

    Correct me if I am wrong, but at the expiry of the futures contract, the speculator holding a contract has two choices- take delivery of X barrels of oil or sell the contract to someone who will, possibly at a loss if they aren't willing to meet their price. If you want to claim that rampant...
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    Intelligent Design is not creationism

    You might check out this site by the National Center For Science Education - http://www.expelledexposed.com/ Basically, this movie is full of outright fabrications and already discredited lies.
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    Greenspan Says U.S. Home Prices May Stabilize in 2008

    I wish this were true, but I think the recent bounce in the homies has more to due with the tax bill that would allow them to "carry-back" taxes paid up to 4 years ago when posting a loss. This will help them to "smooth-out" their balance sheets. What does this do for inventory? Nothing...
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    How much will real estate go down?

    Is this the same Alan Greenspan who thought creative mortgage products would be of benefit to consumers? The same guy who didn't see a housing bubble? And then when things started getting bad, admitted he didnt get it til it was too late, and finally admitted there was, in fact, a bubble...
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    how long will a recession last?

    Barry over at bigpicture.typepad.com has a good discussion of these very statistics. The way the NFP numbers are calculated changed between 2001 and 2008. Basically, prior to 2002 the birth-death model was not a significant contributor of jobs growth. This model accounts for jobs created...
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    Why is JP Morgan Chase such a beast?

    The hilarity is that at $2/shr, they probably could. They didnt even pay cash- it was something like 0.05 of a share of JPM per BSC. Throw in the fed quaranteeing BSC's bad paper pool to the tune of 30B, and its really a win for JPM (hence their stock being up over 8% right now). My...
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