Recent content by MK90210

  1. M

    Zero Sum Theory.

    pchan, no reason to fire it away. Just some minor points: Whether there are locals or not, it is pit traded or not, market makers do something or do not that something does not matter. The only difference that matters --- and you can read it in my first post: Assets traded (stocks, houses, gold...
  2. M

    Zero Sum Theory.

    volente, how much asset value had been in the balance sheets of all the stock holders when it was priced at $5 and how much asset value is there when it is priced at $10? Got a sum or got a zero-sum? My valued friends, you make my day. MK
  3. M

    Zero Sum Theory.

    Bolimomo, >It doesn't seem like you understand what the term "zero sum game" means. It's a different context. No, it is not a different context. It is exactly as failed_trad3r said. MK
  4. M

    Zero Sum Theory.

    Hi Tryk, maybe you or your good ol' friend Gekko can tell me where the 'another's equivalent losses' is in following example exactly as I am not able to locate: t[0]: AAPL priced at $220 while one mill. shares outstanding - market value of $220mm all owned by you. t[1]: I am bidding for...
  5. M

    Zero Sum Theory.

    Hey Bolimomo, concerning fractional reserve banking theory: Theory is that the bank receives $100 holds reserve of $10 and lends the $90 left ad infinitum. Great. Just, wait. One second. Where come the initial $100 from? Some one paid as salary to me. Sure. But where did he get it from...
  6. M

    Zero Sum Theory.

    > Market values are not tied to currency or gold. They are made up based on the perception of what one is willing to pay for that asset. First sentence and done: And what is the one paying with when not money denominated in a currency? Clay plates? Eggs or straw? Also, please let me...
  7. M

    Zero Sum Theory.

    I tought we got it. We dont. I will just go on "Housing Market Is Different" (Bolimomo): > the "value" of a house, or all houses, is created through credits. The value (Why the quote signs, Sir? Is a house of no value or is it no REAL value?) is not created through credits. It is an asset...
  8. M

    Zero Sum Theory.

    Jes's: No matter whether there is one bid and one offer or none of both or trillions of both. What matters to the asset value is the market price which can be derived from a historical transaction price in absence of an actual bid / offer. MK
  9. M

    Zero Sum Theory.

    Buzz, just one addition: Of course there can be another guy who is buying another ones property in our beautiful street for just $50 since two people want to sell aggresively and so destroying our wealth back to ten times $50, which is less than what we had initially. So back to the initial...
  10. M

    Zero Sum Theory.

    Buzz, once more for you, Sir. YOu live in a street where ten others live. Each one of you got the same house and property so the value is equal ($100). Now your neighbor sells his property to me for $300 and I become your neighbor. Now, you got a friendly neighbor and guess what: Your...
  11. M

    Zero Sum Theory.

    Hey Dude, > Examples from real life... Well trillions were lost during the latest financial crisis so where is the transfer of wealth? Who took the other side of the housing crash? Where did that money go? Any trillionaires out there? Yes Sir! Mille Gracie. Very good. Thank you for that...
  12. M

    Zero Sum Theory.

    Bolimomo, the awareness that a simple transaction involves a buyer and a seller and thus a price which is paid and received is great (Honour goes to economics esp. "Institutional Economics" and esp. "Game Theory", bravissimo! Truly.). Of course both sums (money paid by buyer and thus money...
  13. M

    Zero Sum Theory.

    Scata, will eb great if you do not edit your posts as it makes my replies look curious and the thread becomes unreadable for others. Concerning the added lines: Of course there are thousands of bankrupts in history. I did not deny. Never. Again: Question was whether trading is zero sum...
  14. M

    Zero Sum Theory.

    > You've obviously been introduced to a concept new to you. Suggest you put on your thinking cap and marinate on it rather than trying to defend your current, flawed perception... >> the law of "entropy" Scata, please do you and me a favour and do not become impolite and do not try to...
  15. M

    Zero Sum Theory.

    Scata, after the quote is $19 to $20 maybe nothing happens. Maybe the quote stays that for eternity. Maybe it is changed anytime or not. Completely irrelevant for our example as there exists no "law" that it has to be zero in future. Yes, maybe it will be zero in the future, and maybe in the...
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