Recent content by pikachu9

People who keep saying we have to raise wages should try starting a business. Like mentioned in chit chat, restaurant workers are unrealistic about increasing wages to $15/hr when average restaurant margins are only 2.4% while labor already consumes 32% of...

Indeed. :cool:

fwiw, analysis by Citibank. http://www.zerohedge.com/news/2013-08-28/war-effect

It's just like the girls that go wild for gamers. Of course, the game makers have to pay models to be there in what otherwise would be a ball park franks sausagefest.

"Shorting Stocks On These POMO Days May Be Hazardous To Your Health" http://www.zerohedge.com/news/2013-08-30/shorting-stocks-these-pomo-days-may-be-hazardous-your-health

Worked 10 years ago for the early birds.

Maybe not in SF, Los Angeles or Orange County. If you're willing to locate to the desert area of Cali, 500k will get you "a mansion."

There's good reason people rent apartments rather than homes. Problem with owning and renting homes is lack of scale, which means expenses too high combined with more difficulty leasing, managing, and collecting rent from house renters all miles apart from each other. How many property managers...

Here is an idea. Maybe instead of the underlying, it should be based on your option entry price. Why? This is not a stock. Options suffer massive decay. Does you no good if the underlying doesn't go against you, but time goes against you. With a 3 day weekend, it may have been wise to exit...

omg ... Jack ... Hershey. The man. The legend. The one who almost toppled Soros. The trader who beat Icahn playing poker before Icahn was ICAHN. We here at ET are truly blessed to be graced with the presence of Mr. Hershey.:D

Marijuana advocates cheer Obama administration stand http://www.latimes.com/local/lanow/la-me-ln-marijuana-advocates-cheer-20130829,0,6309953.story

Only McDonald's is very profitable. Restaurants making up 90% of the space get by with slim profit margins averaging 2.4%. Average restaurant spends 32% of expenses on labor. Double the wage? Forgetaboutit...

Gundlach thinks 10 year is headed to 3.10% by year end, being lead by EM currencies continuing to spiral lower. http://www.zerohedge.com/news/2013-08-29/gundlachs-year-end-bond-forecast-revised

From above video: "Gill dropped out of Cal State Chico ... Paredes graduated from Harvard." And the guy that can least afford to lose ends up losing on "a sure thing." http://www.pokercurious.com/interviews/view/david-gaucho2121-paredes-interview/ Paredes used to work at a hedge fund...