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I was thinking the same thing. But in a way it's a good thing, something I often see on Quora. Someone asks what's clearly a stupid question, and will get some answers to that effect. But then you get a bunch of answers that take it to the next level and assume it is a real question, which takes...

The bigger point you (and I use the royal you rather than you specifically) are missing is that the value of a bond at any point in time is exactly it's current net present value. So let's look at a scenario to explain. You hold a 4% 10 year zero coupon bond. The day after you buy it, interest...

A good point. Alternately when your current 10 year treasury rate is 2.8%, not a whole lotta coupon to invest.

True. But keep in mind that if you buy a 10 year bond at 2% and interest rates go to 10% in year 2, you lose out on 800 basis points worth of interest for 8 years. That's exactly reflected in the amount the bond decreases in value in year 2. So the fact that you get repaid face value at the end...

They actually aren't all insured or insured all the way. It's more like a levy goes out to the remaining insurance companies when one goes under (obviously a bit oversimplified), which seems like contagion waiting to happen. Especially if the state is somewhere like Nebraska where they can't...

Risk adjusted returns are the same no matter where you buy the bond. Developing country bonds have a higher yield to reflect both the higher risk, and if they're not denominated in USD to reflect the interest rate differential. There is no free lunch there.

That's kind of a funny statement given the context of the conversation. Let's say company X offers you a fixed annuity in exchange for your $1M. They go bankrupt. At that point you become essentially an unsecured creditor (somewhat oversimplified). As opposed to buying a senior bond from the...

Well I'll give you this, you're doing an outstanding job making @Nine_Eneder's point for him/her.

And we heard exactly the same direction warnings about the Euro. Wanting and getting are vastly different things, especially in an increasing returns to adoption market like being the world's reserve currency.

I'm confused, you support allowing someone charged with attempted murder by firearms to continue to own firearms..if they're a veteran of course..or you're pointing out the sheer lunacy of implying that's some kind of government overreach?

If it thinks you have a loss on the box, it takes that away from your equity doesn't it? Again, sorry that I don't have an IB account any longer so can't send a screen shot. I may well be talking out my ass at this point so I'll let someone with more recent IB experience step in and let me know...

I fled IB a while ago so it may have changed. Was it SPX? I'm not sure what the complex order book or equivalent looks like on anything else, so might only work there. Definitely don't want to do it on the legs, you'd have to be constantly updating them.

Note that SPX options are European cash settled options, so no early assignment risk of any leg. The problem isn't that the actual value of the box goes out of whack, as you mentioned that would be arb'd away quickly. The problem is that if you have wide bid/ask spreads The Algorithm at IB...

Not only will he get a faster answer but it will be more accurate and answered more intelligently! Of course the UK version of IB customer service might actually be staffed by intelligent, helpful folks that know the first thing about trading, unlike the U.S. version.

You can use a bit of jujitsu to trick the IB Algorithm by exploiting the same idiocy that results in the spurious margin call/auto-liquidation. Simply putting in the same order as a 1 contract GTC at a position it would't be filled, i.e. something like $950 in your case. That will always show up...

That brings up a good question as to what the dilemma actually is? Is it that the U.S. has a trade deficit with countries that make cheap stuff for us? If so, then shifting that trade deficit to Vietnam accomplishes exactly what?

May be, although my understanding it that it's "private clients" and small business mostly? A shift to that would mean a DB a fraction of its current size overall and almost eliminate outside Europe since it's almost exclusively an i-bank everywhere else. Definitely a big shift, regardless.

True, however I wonder about a retail bank guy at DB. They're not going to ever be the next BofA, I would have expected someone with more of an investment banking focus?

I used to think the same thing about HBS and W, but at the end of the day both schools can claim that one of their alumni was President. Although I understand in Penn's case they're not exactly thrilled.

That's a good point. My kids go to public school and I would guess that if you did a multiple regression on academic performance versus parents education, race, family income....That parent's education would explain at least 75% of the differences in children's performance if not more...