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The man who pleases himself is only happy for the next 10 min or so :D

Obviously I don't know what he's paying so this was an approximation. My assumption was a 1.5 million apartment that a 2k-2.5k a month maintenance and taxes; with a 4.5% mortgage, he'd be paying 8.5k a month.

https://www.bloomberg.com/opinion/articles/2019-03-28/living-on-500-000-a-year-in-income-can-seem-hard If you are too lazy to read, the gist of the article is "people with an income of 500k are doing ok" and they should have nothing to complain about (the underlying implication is that we can...

LOL. Another celebrity trader in the making :D

Ok, so you are assuming some path approaching a Nash equilibrium and trying to solve for it? I am not great specialist but I'd think it should be hard to do for a card game given the combinatorial explosion, no?

Do you mind elaborating on the process a little?

It's not really true, though. Many of the top notch investing/trading people are card players. Both poker (lowbrow, so it's mostly for equity traders) and bridge (highbrow, so you see fixed income and other exalted types there) are wildly popular. PS. You should read a book by Aaron Brown (he...

LOL :P

Are we talking about the same thing? According to Wikipedia, there was an airstrip shooting by the Red Brigade (there would be NO way that would be thought a suicide) and the suicides were voluntary. Here is the link, knock yourself out...

In the US male population, the suicide rate in the US is over 20 per 100,000. So it is a pretty normal behavior, unfortunately. Combine it with selection bias from the media attention and there is literally nothing statistically improbable about it. I don't remember the details, but I think...

But of course you did come up with a "theory", it would be not like you if you did not. Quoting from you: In this particular case, I did think about it, being a suicide survivor myself. I suspect my conclusions are very different from the lunacy you would come up with and I am very happy it's so.

What paper is that? I have some event studies that I use but in my experience the statistical significance of these things is relatively low. My prior would be that in any given point in time you get a different "market setup" and the resulting reaction could be different. Some of the more...

It happen recently in smaller economies (Israel and their Lira/debt debacle years ago, for example). Most of the recent credibility losses are in the emerging markets and relate to currencies, of course, where it is usually shaky to begin with.

Well, I am pretty certain you are not either :) Whatever, dude. Spinning up a conspiracy theory from a suicide (or any tragedy like a mass shooting) deserves a four letter word and then some. You want to know why I am angry at the idiots like yourself? Well, until very recently, I used to vote...

It's not really an auction, it's a computer process so there is nothing to actually watch. It's not like there is a dude on a podium with a hammer :) Usually, you know the yield of the WI before the time and then you get the results (the yield placed, the tail etc). There was a time when you...

Definitely looks spurious. It might not be overfit, might be just a result of a family-wise error - do you correct for that?

I rarely do this but... you are an unbelievable tool. Fuck you!

(a) What do we think for the GDP numbers on Thursday morning? (b) Also, what about 'em Brits heading for the exits?

I think whenever people look at the Libor scandal or the futures spoofing, they wildly overestimate the magnitude of the cheating. The manipulation in LIBOR was changing the level of the rate by several basis points and the spoofing in the S&P futures was moving the market intermittently by a...

Why would you want to give up optionality from current ex-date to the next one if it costs more than the expected dividend? PS. In some exotic circumstances there are all sorts of weird early-X decisions due to stuff like mergers, event financing etc but I don't think we are considering...