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I was really surprised by the pic of Mr. Ruggiero. I was picturing a scrawny fellow with a square haircut sporting square specs with a penchant for wearing short sleeve madras shirts with a few pens stuffed in the breast pocket. Interestingly I have one for most every author I have read or...

This fellow http://falkenblog.blogspot.com/ has done some interesting research that suggests the risk/return tradeoff that has been preached by Finance academics for so long is big damn hoax. I bought his book and read his papers and found it to be convincing. As a generality, higher...

If Surf is trading on a longer time horizon there might be no reason for him to assume he is wrong. He might be simply patiently sticking with a position till he is proved right or wrong. He has a plan. Why do people love to shoot against surf? He has not done anything crazy.

Here is a book that compiles some interesting data: http://www.amazon.com/Quest-Alpha-Grail-Investing-Bloomberg/dp/0470926546/ref=sr_1_1?s=books&ie=UTF8&qid=1302181142&sr=1-1 He sites numerous studies that indicate: -Retail investors perform much worse than the funds they invest in do...

"The Department of Agriculture reports that the average cost for a middle-income two-parent family to support a kid through high school is $286,050 (it's nearly half a million dollars for couples in higher tax brackets)...

Unfortunately this is disgenics at work. As average population quality declines the fewer remaining intelligent or perhaps even super-intelligent people might might find it necessary to eradicate the lower disgenic ranks. Darwin predicted this might happen as evolutionary pressures...

"The terms affirmative action, equal representation, preferential treatment and quotas just don't sell well. The intellectual elite and their media, government and corporate enthusiasts have come up with diversity, a seemingly benign term that's a cover for racially discriminatory policy. They...

Wait a second, how could this be? I thought we were moving towards a brave new world when all peoples would all be one "family" of diversity and multiculturalism? Now you tell us the multi-cultists lied?? USA: A nation of fools suckered out of their birthright for 50 years and counting.

"When I asked management why the jobs of the THREE non-Indian workers (me and two associates), were being terminated, whilst the Indians were being kept on,...I was told to "WATCH IT". (i.e my question supposedly had "racial" overtones)." You now understand why corporations have embraced...

That is entirely untrue. It is a cost of living arbitrage that has nothing to do with "skill sets" "desire" etc. The end game will be America sinking towards a third world standard for most Americans who are not Government employees or Entrepreneurs.

Developed nations need a notion of economics that does not require constant population growth/ponzi scheme growth via new immigration. Low population density and high capital invested per worker is what makes life nice. Lets keep it that way.

Simple: It is third world Arbitrage. It is killing the private sector middle, upper middle, and working class, and it will only get worse UNLESS we move towards a more Nationalistic economic model that values sovereignty and productivity on an equal basis with legal claims.

It is pretty simple. Most traders have no idea what they are doing. -no idea how to backtest a strategy -no idea of market structure -do not fully understand the mechanics of the market or even an accurate understanding of contract specifications -Do not understand the mathematics of...

Regardless of where he was born, he does seem to have the most unusual background of any president in history. Looks this way to me: -Affirmative action into Harvard, Affirmative action to lead Harvard law review (never published a damn thing). -Wins book deal based on being the first...

Not at all. Once he is warmed up with a few counter-trend trades, he pulls out his turtle-trader home study course and begins religiously taking 20 day breakouts. It shall rain money into surf's account!

Seriously Cohen. Are you trying to make Israel's supporters look bad? If so, you are doing a mighty fine job.

That is absolutely not true. It is simply a return profile some traders/strategies have, and not others. A 40% win rate means the trader is bound to take fairly regular strings of losing trades. This is really no better or worse than taking one larger loss, all else equal. What actually...

With all do respect, the industry as a whole performs terribly for investors. They hold up the stars while quietly shuffling the losers out of the indexes, the blow ups that stop reporting, the absolutely enormous sales charges that almost guarantee that the investor will in one way or another...

"us" vs. "them" is human nature. It is not going away. Idealists are simply unknowingly eager victims, and that is all.

Well, it seems Paulson did succeed in ripping 10+ billion from the big banks that were the counterparties to his mortgage bets (which where then made whole by the tax payer). Gee, thanks. You get paid more to help destroy America than to build it up. Just ask Soros.