Recent content by miscsales

Yes, I must've been thinking about the other side of the bet. That's why one should always check the math before posting. :D Regardless, the Kelly criterion is based on certain odds of the game so that is not analogous to stock market, as odds are constantly fluctuating. However, for a dice...

Are you sure about R in this case? Double or nothing is 1 to 1 payout or 2 for 1, not 2 to 1. i.e. R should be 1, and based on Kelly criterion the fraction would be 33%

Just to add.. the prospectus page 139 "In order to facilitate the offering of the Class A common stock, the underwriters may engage in transactions that stabilize, maintain or otherwise affect the price of the Class A common stock. Specifically, the underwriters may sell more shares than they...

http://www.fin.gc.ca/n08/09-099-eng.asp Under the proposed amendments, any income reasonably attributable to deliberate overcontributions will be made subject to the existing advantage rules (as described above) and taxed accordingly. Pursuant to the advantage rules, the tax payable on the...

http://dallasfed.org/news/speeches/fisher/2006/fs061102.cfm "In retrospect, the real fed funds rate turned out to be lower than what was deemed appropriate at the time and was held lower longer that it should have been. In this case, poor data led to a policy action that amplified speculative...

"Dr. Bernanke – The Housing Market Needs an Orderly!" by ML http://rsch1.ml.com/9093/24013/ds/07045450.PDF

From National Association of Realtors Leadership summit, Aug 17-18. http://www.realtor.org/Research.nsf/files/Leadership%20Summit%20(August%202006).ppt/$FILE/Leadership%20Summit%20(August%202006).ppt Wonder what presentation we're in for come November's NARdi Gras

http://www.idorfman.com/Charts/

http://simulator.investopedia.com/home.aspx

Anyone else think it is a coincidence that 3 and 6 month charts comparing TOL and other builders' with INTC, AAPL, AMD, DELL and numerous other techs show similar decline - some even moving in lock-step? I'd argue that some of the recent decline may not necessarily be due to the RE market...