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Ah. I didn't get that out of Camus but I do now recall him calling his brand of existentialism absurdist.

We used to call this existentialism, when did we change the name to absurdism?

A seller's note or option like this is almost always a horrible deal from a risk perspective for the buyer, and hence a great deal for you as a seller. It sounds like you're in a win-win situation here because you personally know the buyer and can do the deal with much less risk than a bank, he...

I don't trade AM at the moment but good news for those who do. Unfortunately I think we'll still be subject to the issue where brokers can arbitrarily decide to send orders over a certain arbitrary size "to the floor" where they'll sit, just like they do with the weeklies now? I wish they'd just...

So to actually answer your first question, no, there are no FCMs or IBs. I for one would love to see this, but apparently it's low on their priority list since the last FCM they had was PFGBest. As to the "stay away from Nadex" crowd, they can't have it both ways. If the spreads are wider than...

That's a common belief among the fundies I grew up with. It's easier for them to believe that those who reject their religion are "backsliders" who somehow couldn't hack it and fell to the temptations of the flesh then to admit that someone could rationally analyze their religion and realize...

I was raised a fundamentalist Christian. I've not only read the Bible cover to cover several times but to this day can quote large portions of it. I spent literally thousands of hours in church listening to sermons. And it is precisely because of this thorough knowledge of Christianity that I...

The problem with PM at IB is it's entirely a black box. You can experiment in an IB paper trade account to see what different combinations would give you, but you have no idea what changes they'll make to The Algorithm or when they'll make them. As a result, I find their PM entirely worthless...

Well for one who hasn't formally studied finance you're thinking at a pretty advanced level. Fama and French are a couple famous guys in the world of finance academia and essentially had the same question you did. They came up with the 3 factor model to account for it, instead of just using Beta...

Inherent in your question is the assumption that all options are bought and sold by those who's sole goal is to make money by the appreciation or depreciation of the option's value. There are a number of buyers and sellers who have other goals, from hedging a risk to changing their correlation...

No. Without some indication of standard deviation it's rather pointless. If I offered you an instrument with an average return of 9% but a single standard deviation was 50% or an instrument with an average return of 8.9% but a single standard deviation was .5%, you'd consider those completely...

You made a very specific claim. I asked you to back up that very specific claim. You were unable to, because you pulled it out of your ass, so you shuck and jive. That doesn't put you in a position to call anyone "ignorant"!

I asked you to provide a single study by an economist working at the Fed aimed to justify their existence. You claimed that's what all those economists working at the Fed are doing, surely you can actually back up your claim with one of those studies? A book by a disgruntled former employee is...

Can you provide a link to one of those studies, just one? Pretty much every rational person in the world grasps the reason for the Fed's existence, we're not going to waste money doing more to convince the "audit the fed" fringe who by and large aren't capable of reading an academic study...

This doesn't really make any sense. Under the volcker rule UBS can't engage in prop trading. So they wouldn't buy puts for the bank. They have thousands of clients, all with different needs and exposures, so doing some kind of bank-wide put buy "to protect its clients" is an idiotic statement to...

Exxxactly. And if you hedge the currency risk with futures, you will find that your return is 0. The futures for the BRL a year from now are 9.5% lower than the current spot, which reflects exactly the government bond rate. You're chasing your tail on this buddy.

Apparently since he thinks it will happen to the next generation he could give fuck all about it.

The vast majority of those people weren't killed because they didn't share the leader's absence of religion (admittedly a small minority were in some cases). The vast majority of those killed under the name of a religion were killed specifically because they didn't share the leader's religion...

What a unique combination of selfishness, lack of intellectual curiosity, and nihilism. You must be proud. How about this, if you don't know and can't be bothered to care to know about something, then just stop spouting off false information about it? I'll agree to the same.

Actually the scientists studying climate change point that out in excruciating detail down to the ton, highly encourage you to read a few papers on the subject. I would also challenge you to quantify and specify what is "super expensive", because I believe that to be categorically false...