Recent content by LivingInVol

e121c, I have never understood the level of jealously and the amount of misinformed people on this board. I'm a very infrequent poster, but I just had to make an exception and thank you for sharing as this was an interesting post. I would advise that you stop wasting your time responding to...

Absolute last time to exercise is 1.5 hours after close, even for MM right? http://www.888options.com/help/faq/exercise.jsp#1

I apologize for the initial incorrect wording of the problem and wasting your precious time. English is not my native tongue. Here is another problem for you. Who is most likely correct: 1. A poster that has over 2500 posts on ET and spends his time getting immediately annoyed and pissed...

And maybe to make things a little clearer... The max bet for all games is $1000 in both scenarios and let's assume that that is an insignificant portion of your bank. It is irrelevant that kelly or optimal f tells you to wager any portion of your bankroll because the bet amount is a very low...

Actually, ralph is closer than you are... Mean-variance is to decide asset allocation and I was posing the question more along the lines of evaluating two bets that that have two different time frames in paying out. One is paid immediately and repeatable 1000 times in a year and the other takes...

Appreciate your help gmst. Quickly simulating it in excel does show some patterns. I'll have to figure it out over the weekend and follow up later. This ralph vince guy looks like he has some interesting stuff on his website too which I"ll have to check out. Thanks.

It's good advice you have provided but I am looking for something formulaic. Maybe some numbers would help. I'm offering you two bets for a max of $1000 : A) You have calculated kelly on this to be 60%. But I only offer it once per year and it takes a year to know if you've won and get...

If you don't know what Kelly Criterion is: http://en.wikipedia.org/wiki/Kelly_criterion Essentially my question is: How do you convert kelly between bets that have different time frames? Let's say somehow you have figured out an edge in all the casino games...blackjack, roulette, sports...

Anyone know of a reliable source for future dividend estimates? I'm really only needing forecasts for 3 months out and mostly for ETFs. Willing to pay but looking for the cheapest. I know markit does this (I can't find any pricing on their website so assuming they will try to sell some...

That's a good point. If you can't afford the 30 year fixed you shouldn't be buying the house in the first place... The lure of these artificially cheap loans is one of the root causes of the whole mortgage crisis. Asking the wife is always highly advisable...

Alrightly, I used the methodology I described earlier and have come to the following conclusions. Looking at the current low interest rate environment and what the eurodollar futures imply as the future path of rates, fixed loans are superior if you plan to pay-off the entire mortgage. But...

Anyone looked into ereaders? I want to get one but I can't tell if I'd actually make use of it (I mean besides being a paper weight...). Just something about have a real book in your hands.

I'm not very knowledgeable about FI products/mortgages and was hoping someone with more experience could verify my thinking here. What I want to do is compare a current day fixed versus ARM mortgage. For a fair comparison I want to keep <b> fixed payments on <u>both </u> loans the same </B>...