Search results

I find myself exceedingly curious... Are you a gay activist, by chance?

Precisely... Reality is so much more difficult to understand and deal with than the stupid article makes it look.

Good god, not this bullsh1t again... How many times can we revisit the same idiotic calculation?

The "Sex with sheep" section is particularly good and deserves a special recommendation.

'Cause you that was, secretly, your heart's desire?

I dunno, mate... In seriousness, I think that finance is overstaffed and people in finance (including myself) are overpaid. I think that as a result of a good decade (or two), we have grown lazy and complacent. As a result, I actually see current mkt conditions as a more or less natural...

Well, I don't see it that way, with all due respect. I mean all the "bad" things that are making mkts challenging at the moment may very well be true. However, I just don't understand where this expectation of constant or ever increasing profitability is coming from. Yes, the spot mkt may not...

This is just downright silly... What's with the bizarre idea that the mkt owes a bunch of random FX punters a living?

Why couldn't an alligator migrate that far? The study of the fossil record suggests that Triassic reptiles spread over much larger distances than our Alligatoridae. Moreover, why would it have to be a single alligator ancestor? Don't you think it's possible that, over millions of years, the...

There's a couple of threads on this subject here already.

A simple google search should clear your doubts regarding the Coelacanth. It's rather unfortunate that you cannot be bothered to actually do something so trivial to obtain a very simple explanation of why the living genus Latimeria spp. doesn't actually disprove evolution. As to the...

Ultra to very and it's been a struggle all the way. Going further down the quality spectrum is proving a little too difficult.

No, I am not a mkt-maker in the traditional sense... I am saying that because I used to be ultra-selective and concluded that it's not efficient.

I was only trying to use mkt-making as an illustration of a principle that being not selective at all in a higher frequency context can work too. Isn't that what the HFT muppets do and some of them make out like bandits? It's just a matter of optimizing your strategy to a particular setting...

Not necessarily... It depends on a variety of factors. A simplest counterexample is a mkt-maker, who can't be selective, 'cause selectivity isn't in the job description. And yet, mkt-making and liquidity provision is one of the most lucrative activities out there.

I ain't a dealer, sire, so I don't got no pics. Could be just a random FX mkt rumor.

A tidbit of information... Apparently, last night, on the open, the EURCHF order book on EBS was briefly visible all the way down to 1.20. There was a resting bid at 1.20 in €20bn. Take w/a pinch of salt.

There's a case to be made for being very selective, but there's also a case to be made for being less selective, if you have capacity. Sometimes it's optimal to accept a lower Sharpe to generate a better gross return.

+100 again.

Well, Blocher had been out for Hildebrand's scalp for a while. Hildebrand f*cked up, Blocher got tipped off and went for Hildebrand. Given that there was evidence, no amount of political support could help Hidebrand. Interestingly enough, Swiss authorities are now after Blocher for breaking...