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    Global Macro Trading Journal

    That's true which is why I'm sizing this conservatively. I already hold tons of 'cash'(In the form of BZF, gold, silver and forex account collateral) I do think the BRKB situation is a bit different since Buffett already said he is going all-in if the price drops bellow 10% above book
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    Global Macro Trading Journal

    I wonder if someone can help me make sense of Yahoo Finance Bonds http://reports.finance.yahoo.com/z1?b=1&is=bank%20of%20america&sf=m&so=a I'm sure how they are calculating YTM% and Current Yield% and why there is such a large difference between them. Anyone?
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    Share Bloomberg Terminal Fees

    As far as instant news is concerned I'm not sure one needs a BLG terminal for that. There are other news services that will give you that(I believe Reuters has something like that costing less than $1K a month) There is also newsstrike, which is basically a dude with a mic broadcasting audio on...
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    Global Macro Trading Journal

    Sold the Jan 2012 $70 BRKB put option. This is a strategy I had forgotten about and wasn't using much. I need to short puts in stocks that are slightly overvalued(Not BRKB case, this is just a case where I already have a big position and will only add more on declines) but that are pretty safe...
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    Global Macro Trading Journal

    I'm considering shorting some BRKB puts. I will gladly own more of the stock if it comes down from here and I get assigned
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    Strategy to ride premium down on GRPN puts

    I rather wait for the borrow rate to go down. Shorting is already a very hard business. With these fees or premiums it is almost impossible to make money
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    Anyone has the new Kindle Fire?

    The bad thing about this Kindle Fire to me is the 8GB internal memory limit(non-expandable) The Nook Tablet has twice the RAM, twice the internal memory(expandable) and it only costs $50 more. It seems to be a better deal
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    Anyone has the new Kindle Fire?

    Give us some feedback on what are the pro and cons of it
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    Is SPIC worthless "insurance" when you really need it?

    I believe the SPIC does cover fraud in the securities account. They are even paying out to Madoff Securities clients
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    zerohedge.com

    The guys at ZH are just as bad as the people they criticize. They will literally say anything if they think it will increase their traffic and online ad revenue
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    Shortage of Teasury Bills forces investors into longer term securities

    no, I don't like libor risk. point is, bernanke told everyone what he is doing, even my mom knows how to price FF now
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    Shortage of Teasury Bills forces investors into longer term securities

    You are still waiting for that?Its too bad the Fed has shutdown the Fed futures game with their 2013 pledge, it was a nice run!
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    Anyone pulling money out of MF Global?

    Same shit happened at Tuco Trading. I had money stuck there and had to watch as the scumbag laywer charged ridiculous fees to do virtually nothing and waited for about one year before I got my money back. Essentially my recovery was: Funds - fees from the liquidator As there wasn't much fraud...
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    Global Macro Trading Journal

    Any idea where I can get charts, quotes of that without a Blg terminal?
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    Global Macro Trading Journal

    Does anyone if EFSF debt can be bought in the OTC markets or if its traded somewhere?I see people quoting the spreads and yields there almost daily which makes it seem that they are looking at trades rather than auctions
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    Global Macro Trading Journal

    Random anecdotal fact: I was offered a apartment buying 'opportunity' in Sao Paulo the other day while in a bar with my brother having some beer. The woman said I could get an teaser loan with a low interest rate and refinance in a few years after the price rose. The apartment price was quite...
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    Safer option strategies

    You want to make 1% a month 'safely' in options?You might want to check out Madoff Securities I heard that generate that with split strike conversions
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    Mathematical Finance Degrees

    The evidence of studies show that having a degree is more important than which university you have the degree. I would suggest that the 'greatness' of those places will have very little relevance on your long-term earnings in MOST cases
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    Global Macro Trading Journal

    It seems to me that high PPP currencies went from being safe havens to risk assets
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    Global Macro Trading Journal

    http://www.economonitor.com/nouriel/2011/11/09/eurozone-crisis-well-at-least-we-have-options/ Interesting paper by Roubini. He doesn't seem to consider a 5th option. The EU does a mix of policies without solving the problem and endup Japanified with low growth, low inflation for a long-time
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