Recent content by itsame

He probably did what most college students who have tons of guns do...sold drugs.

I can't remember where its from but I've heard that 3 or 4 out of the top 4 or 5 hedge funds are strictly algo driven mean reversion strategies.

You start with $100 and you arbitrarily start with 10 shares. Each equal to $10 ($100/10 = $10 per share) you make 50% so $150/10 =$15 per share You take out $30 You redeem 2 shares ($30/$15=2 shares) $120/8 = $15 you make 50% so $180/8 = $22.50 per share You take out...

1. This would be a mismatch in terms of matching long term assets with short term liabilities. Companies (not just banks) that do this are setting themselves up for a world of hurt. 2. This is a common misconception among the public. Banks DO NOT borrow at the discount window. The discount...

This kind of question really doesn't belong here. The only people who believe this or even have this way of thinking are the newest of retail daytraders and people with no idea about the industry at all. They are making most of this money through commissions (spreads) from order flow. People...

I wonder what the deals will look like on stocks during "cyber monday"?

work full-time trade on the side

for their own books!!

LOL. Another conspiracy theory from zerohedge after their initial articles have been completely blown out of the water Jefferies net exposure to PIIG debt via CDS and unworthy credit counterparties - WRONG MF Global stealing money - WRONG JPM short 100 quadrillion billion ounces of...

I wouldn't cal it as "THE MSM is pretending nothing happened" the truth is, you can just spit out articles on loose facts and opinions. Real Journalist get burned for this. You need to base an article on full facts. In the blog world.. You can write all the bullcrap you want and if its...

Please tell me this is sarcasm. I read Zero Hedge and think they do a good job at a lot of things but you have to take them for what they really are, a bias and at times, rumor mongering site. They are so incorrect on so many different posts that it actually baffles my mind. Take this...

I'm not in fixed income but know a couple of people that do trade taxable fixed income (corporate bonds) for investment banks. Here are their secrets: They make almost all of their money on the spread. They buy from the client and then sell it pocketing the difference When they do prop...

yes

LOL. At least people pay for football and they are self sufficient What is f*ed up in this country is Union workers claiming they should make more than $14 an hour on an assembly line putting tires on a truck when they don't even have a high school education. Then everyone has to bail...

Thats the problem with gold companies, You are not buying the goose that lays golden eggs, you are buying (incompetent) managers who are paying people to walk around looking for golden eggs.