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I’m disorganized. My car is dirty. My desk is cluttered. I forget to pay my bills all the time. I chase stocks from time to time. I panic from time to time. I gamble from time to time. I am so unfocused because I have another job. I’m screwed.

Greed is a powerful motivation on all sides of this story. It’s even more blinding than lust.

??? When I worked at a bank I wasn’t allowed to trade ANY stocks on their restricted list even if I wasn’t holding non-public information. There were employees who had inside information but the rules applied to all of us. Further there were other rules about holding periods and hedging to...

there have been studies to show that when HF managers reveal their positions they are really looking for liquidity to reduce their holdings.

I don’t think there are laws requiring banks, law firms, and investment firms to restrict the personal trading of their employees. anyway, guru and I were talking about whether allowing congressmen to trade unrestricted was a good idea or a bad one.

You seriously think that would be an economically rational reason in this case?

If you are earning millions/year trading, why would you try to start an education company for hundreds of thousands (and i'm being generous in the income he can earn from the education company)? To run a proper education service takes a lot of time.

businessinsider editors are idiots though. :) I don’t understand why anyone whose earning a lot in the markets would spend their time running an educational service. There are far more lucrative options if you have the means for those same hours.

haha. You said bugger and hard.

if Obama invited people to storm the capitol I would be in favor of his being banned. if Obama cast doubts on an election he lost without any actual evidence I would be in favor of a ban as well.

trump had two Twitter accounts: an official whitehouse account and his personal account. Trump’s own administration has stated that when Trump tweets from therealdonaldtrump account, he’s tweeting as a private citizen, so he’s not required by the same limitations of a government account (for...

there is definitely a push along all aspects of life for more regulation in the name of safety. the the trading examples you cited were because someone lost a lot of money because of those rules weren’t in place. Not that I agree with all those rules: like the PDT and the accredited investor rule.

I think allowing politicians to invest is ripe for all sorts of abuse. It creates all sorts of agency problems. That’s why banks, law firms, and other companies that deal with confidential information or deal with things that can significantly impact a client’s company restrict personal trading.

the latter, perhaps through short sightedness. But it’s America’s responsibility to get those jobs back. and as a separate point, a lot of chinas growth has come from getting favorable treatment as a developing nation and from stealing technology through state promoted actions.

While I agree with most of your post, China’s growth came at the expense of 10s of millions of decent paying jobs in America. China took the middle class from Americans and gave it to their own citizens. What I don’t understand is how they funded it and continue to fund it. There is enough...

or politicians make decisions based on how it affects their portfolio.

I misunderstood. I thought you were trying to trade the box on both sides (like a market maker). I understand the motivation to trade a box. I have 10mm of my portfolio funded through them right now. but I don’t understand why you think you will get a better price by interacting with the combo...

Unless you are at a bank, you can’t lever this position. So why are you bothering trying to earn 20bps and be locked in for several months? (You will pay your 50bps bid offer if you have to get out).

why? If you finance at anything over libor you can’t buy the box and if you are a seller of the box the spread in the market will be like 2 points. And you can only trade one leg. There are much easier ways to earn 50bps.

So a military defense contractor (the quintessential Republican military industrial complex) supports a liberal initiative internally without intention for publicity. Makes you think.