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LOL... I'm prob too old to know if this is correct, but I believe it is supposed to be Pwned, without the O. And I think it was a result of the word owned being filtered out in chat scripts. A clever way around the filter was to type it with a 'P' instead. could be mistaken tho.

not necessarily. dice reset every throw, markets do not

Yes... it all comes down to basic game theory. You ask a person if it is possible to call a coin flip correct 1000 times in a row. They say no, but it actually is possible.

These are just quick generic numbers if I make some assumptions, and are only for purposes of quick explanation to demonstrate the point in real number terms. I ran probability stats for a few different instruments under several scenarios. A short list would be; Trading S&P mini futs...

If you have no edge then all entries are random anyway. Doesn't matter if you split the entries or string them back-to-back, the math works out the same. In fact, some would argue that if no edge exists it is better to string them back-to-back, because the after a string of positive prints...

OP, You need to consider carefully what Maverick is saying. Is there an acct value where annual profit is almost a certainty. YES! But the return is comparable to that of the risk free rate. Quick math says that you'll make 2-3.5% annual on the money if your probability of blowup is...

Unintended. If that's how they came off, I apologize. And I'm not trying to say either that climatologists are knowingly presenting false info or that they are the only ones doing it. Personal experience tells me that usually a person doesn't need to consciously falsify a report. The only...

I'll set aside your amazing condescending tone for a moment, but really you don't need to be so juvenile. I have a friend from grade school who is by any counts a genius. Although he stayed in high school through graduation for social reasons, he had completed a masters program in math and...

The issue is only complex to those who are bent on getting out of paying the clearly required tax. I disagree with the idea that what the IRS is doing is right, but it is still the law and is as clear as can be expected. Yes, tax avoidance is legal but you are expressly condoning...

I think that time is a bit overstated though. The more important thing is correlation, and I'm not just talking about directional correlation with broader market. I think he should be more concerned with the performance correlations with respect to direction, volatility, currency valuation...

It seems you are confusing the idea of being elected by the people, and being elected to act in accordance with popular opinion. A representative and a senator is the latter. That is why we have both district and STATEWIDE reps and senators. Each state has two people to represent the...

I see what you are getting at. The problem is that TECHNICALLY it is tax evasion and morally reprehensible imo. But as long as it doesn't keep you up at night.

I prob have a more specific & helpful answer for you, but don't like to talk specifics or returns on a public thread. Unfortunately, you don't allow PMs, so I'll continue to speak rhetorically. Certainly, the larger book makes a difference, but I think you are getting the point. The better...

Interesting... I'm wondering how a contract can arbitrarily settle in cash, when that isn't in the contract. The contract specifically has a physical settlement, and therefore the seller should be under contract to make delivery. No?

There is just one problem in my mind. Your goal is to find the very best and put them to work for you. The very best will only need your offer during the first couple successful years of their career. The best will get >100% annual returns, but once they can provide you with a three year...

I don't completely disagree with where you are coming from O777. But you need to be a bit careful in who you are talking about. The Governor is NOT elected to represent the people. Certainly, he is elected by the people, but as an executive. He, much like the President, is not required to...

You failed to mention what would be considered acceptable gains. Also, three years track record will eliminate most of your best prospects.

The most interesting part of all the research says that there is technically a point in time where all cycles match and the earth's total axial tilt would be about 55* relative to the sun's equator. This would mean that during the summer the sun would never set in any location north of...

Dcraig, Your rebuttal simply proves the point. Your most recent chart is certainly ridiculous, but the one just prior to that is similarly misleading, for the same reasons. Nobody is arguing that sea levels aren't rising. They most certainly are. But the rise is happening as a result of...

Wow, this thread has been an interesting read actually. I've silently disagreed with Jem on countless occasions, but I've gotta say that IMO he is spot on correct on this topic. I've spent far more time than it was worth researching global warming data because I live in an area with...