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I understand why stock and trading sites like TheStreet.com and other free and subscription-based websites have disclaimers that tell you that all the information on the site is purely the author's opinion and should not be taken as investment advice, nor should past predictions be relied upon...

I believe sellers of insurance (the insurance cos.) will always lose money in the long run if they lose their ability to collude through regulation. Selling insurance is based on the idea that one collects premiums, invests those funds, and pays out to those who make legitimate claims...

On Cramer's Mad Money show, Cramer frequently touts his stock selections that benefit his charitable trust. Yet, I have never heard of what kind of returns it has made since it began. The reason for my asking is because Cramer says he gives his premium subscribers to his TheStreet.com...

I believe that over reliance on historical patterns and market moves is bunk and should not be considered an important indicator of future trends. Market commentary and analysis, esp. in the financial press and TV, unfortunately gravitates to this thinking because they need some reference to...

Top prop firms like SAC hire based on your track record, so what would you determine is an acceptable trading track record? Is it how much capital you have at risk or your returns and how consistent it is? For example, would they be impressed by a trader that had a $1M account and earned 20...

If one wanted to run other people's money would it be appropriate to point to your personal but verified returns as an indicator of your abilities and what investors could expect from their investment? For example, let us say you started with $200K and grew it to $1 million over the course of...

Analysts earnings expectations this quarter are a joke with so many better than expected beats (>70%). Even though analysts are supposed to be separated from IB/trading desk it seems like they too often want to please their corporate paymasters. So, when analysts decide to make forecasts...

Reconcile this: The majority of professional fund managers don't beat their benchmarks AND the vast majority of amateur investors lose money. If neither the average professional nor the novice can consistently make risk-adjusted alpha returns, then how does the investment industry extract...

A correct bet.:D

I've recently finished reading Vanguard founder John C. Bogle's new book "The Little Book of Common Sense Investing." Basically, he describes in a rather succinct manner, how index investing is by far the best way to beat most professional managers. Bogle is indifferent between mutual funds...

Sherwin Williams (SHW) closed at 64.09 on 10/26. Although it has held up in price compared with other housing-related stocks I predict it will suffer a substantial decline over the next 12 months (to the 45 level in had starting in 2005).

I imagine most prop traders think of themselves as mini hedge fund managers, just with a small nut (asset base). Yet most fail and fail spectacularly, driving themselves to the brink of bankruptcy if they cannot find another line of work when the money runs out. Moreover, they rarely can...

17.80

Look folks, Intel's new Core 2 Duo outclasses AMD's Athlon 64/X2 line across the board. It doesn't matter if people are waiting to upgrade because when they do upgrade and have to make the decision between which processor to buy (corp or individual) they will decisively choose Intel's...

I see the odds thusly: 10 points up to 2 points down (or a target of $27 v. $15) Sure you can wait a bit, but by the time analysts take note an upgrade Intel v. AMD you probably will have missed a good chunk of the upside gain.

If you don't believe me, check out the reviews pouring in from PC magazine, PC World, HardOCP, Extremetech, Anantech etc. They are overwhelmingly positive and give props to Intel for finally coming up with a processor to compete with AMD. But this time, their offering beat AMD, not just match...

Buy Intel (INTC) now @ 17.72!!! Intel's new Core 2 Duo chips blow away AMD's current offerings (Athlon X2) in almost every benchmark (gaming, applications, power consumption). AMD won't have much new to offer for at least a few months. All it can do is cut its prices, but it may be too late...

Since I haven't been around in awhile, if this has already been discussed then... Jim Cramer of Mad Money on CNBC has a noticeable effect on the aftermarket price of the stocks he features on his show. Usually, after he mentions his like (or more rarely dislike) of a stock he features (not...

Let us say you have been a breakeven plus a bit more trader for a few years. However, you'd like to move on to some other job outside of trading which may not pay the same initially, but offers a clear career path. In your estimation, how would propping look to prospective employers for a...

Is there some specific procedure one needs to set up a valid market? I know that there is the Iowa futures market for presidential elections that operates (http://www.biz.uiowa.edu/iem/). Can anyone just declare they are in a market for XYZ?