Search results

As I keep saying, the people that have challenged NAR on their figures haven't been labeled "loons" or "conspiracy theorists"... If you have followed this debate, it's been going on for a while and there's a lot of very credible folks who have contributed. Ignorance of alternative sources of...

You're just saying random stuff?

Not sure about NOK being undervalued, but I do think it's cheap, given the fundamentals. As to papers on the subject, there's quite a lot. I'd suggest that you start by looking on the Norges Bank website for the latest Monetary Policy Report. They normally talk quite a bit about the currency...

Good point...

Erm, NOK underperformance is due to a surprise 50bp cut by the Norges Bank today... I have bot some more NOK (long NOKJPY again), as I perceive this as an opportunity to add.

There's a few competitors, which, incidentally, is why the NAR data was ever challenged. As I mentioned before, if you care and spend a little time looking, you will find stuff.

What does NAR have to do with the "gommt"?

Erm, if you have followed this stuff, this isn't really "new" news. NAR was first challenged on their methodology back in 2009. Read CalculatedRisk and things like these won't come as such a surprise. Other people (like Ritholtz) have also commented on NAR and their biases.

This is some high quality funny sh1t right here...

NP... It's just what I've been told.

Looks like someone did a drive-by into the 11AM fixing and through a whole bunch of 1.31 barriers, which exacerbated matters.

That's partly the point of the much-discussed hedonic adjustments in CPI. And yes, it's all very imperfect, but I would argue that using a completely opaque, fully proprietary bunch of numbers such as ShadowStats is worse. Why not my MG SSSSCPI?

I have an alternative version of CPI (call it the MG SuperSecretSpecialSauce CPI) that tells me that the latest US real GDP was -500%. How 'bout 'em apples?

That's PPF7800 basis, which is a bit too conservative.

You can't just cash-settle stuff at whim. The reason why these options are priced the way they are is because they are, in fact, physically settled, with everything it entails.

Nice tonsure...

The fact that you don't understand Greeks doesn't make them useless. But, please, do continue to have the courage of your convictions. I am with sle on this. The more people like you out there, the more money for people like me.

+1

Dude, honestly, let's stop this nonsensical back-and-forth... There's no point in me responding, so I won't. I have already wished you the best of luck in your endeavors. That still stands. However, one thing I will tell you as a potential investor. Your attitude is all wrong and I...

Well, you used the term "story", not I. I didn't realize from your description that it's something that actually happened. Moreover, even if it did, in fact, happen, it doesn't really mean anything, other than the existence of random dumb luck, i.e. a matter of a lottery ticket that I have...