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  1. B

    Federal Reserve Is A Private Corporation

    It's actually a case for government intervention. Evolution clearly doesn't work efficient enough. Stupid people shouldn't be allowed to breed :confused: :D :confused:
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    Federal Reserve Is A Private Corporation

    dunno. maybe to have an incentive to offer you a loan? why do you want to get paid for the job you do? hell, why did you pay more for the computer you are using and the internet connection you have than it costs?
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    Federal Reserve Is A Private Corporation

    sure matey. at least my money doesn't have "in god we trust" on it. i'm impressed by the way by your psychic abilities to catch my vibes and know all about me. although you may want to recalibrate that antenna about 180 degrees. anyway, enjoy your dreams (or nightmares) and the...
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    Making a living with a $30K account

    And why oh why would he abandon that? 60% returns with no margin and low drawdowns. Using $100k (he has more you said) and 2:1 margin that's about $120k in stable (you say) income. My advice: stick to what you know and do well and enjoy the nice income and don't spend it all so you'll...
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    Federal Reserve Is A Private Corporation

    hehe.. realism is what it's called. thanks for your concern though, but i'm on the inside. not looking from the outside in. but always nice to meet the bigger fool. someone needs to trade against me i guess.
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    Federal Reserve Is A Private Corporation

    exactly mate. you are so right. you and the patriots. everything to complicated for you to understand must be a conspiracy.
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    Federal Reserve Is A Private Corporation

    sure mate... i'll discard any information on a website with the word patriot in it if you don't mind. too much X-files content. but hey, if it makes you happy to believe all that conspiracy crap... go ahead.
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    Federal Reserve Is A Private Corporation

    haha.. if banking was that simple.. banks can create money (out of nothing), but that doesn't mean it's free for them. ever looked at a bank balance sheet or p&l statement?
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    Federal Reserve Is A Private Corporation

    huhuh.. http://www.federalreserve.gov/generalinfo/faq/faqfrs.htm#5
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    Federal Reserve Is A Private Corporation

    the fed *isn't* privately owned...
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    Looking for a friendly tax environment

    Can you name one single case of an individual not engaged in market-making that has been taxed? For trading to qualify as a business the tax authorities need to prove the income was foreseeable positive. Hard to prove given the market efficiency and trading being a zero sum.
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    Looking for a friendly tax environment

    Incorrect, income from investing/trading has never been taxed as income (since the new tax system).
  13. B

    HFRI: Hedge Funds +0.45% for July, +7.95% YTD

    What would be the point of that? Same as reading last month's newspaper or looking at the July performance of stock markets.
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    HFRI: Hedge Funds +0.45% for July, +7.95% YTD

    why bother? first of all it gives you a more recent picture of HF performance, even though apparently the best aren't included. secondly, the performance reflects actual performance of real hedge funds that an actual investor following their selection criteria could have selected, so...
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    HFRI: Hedge Funds +0.45% for July, +7.95% YTD

    Sure, it's only a subset of hedgefunds that are open to new investors and willing to supply daily valuations, but the numbers are pretty horrible. HFRX Global Hedge Fund Index -5.5% HFRX Convertible Arbitrage Index -3.7% HFRX Distressed Securities Index -0.4% HFRX Equity Hedge Index...
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    Fed Cuts Discount Rate to 5.75%, Cites `Downside' Risks

    was hearing US banks didn't particularly want to facilitate EU colleagues though...
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    Fed Cuts Discount Rate to 5.75%, Cites `Downside' Risks

    In normal markets yes. Have you seen the movements recently in libor markets?
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    HFRI: Hedge Funds +0.45% for July, +7.95% YTD

    keep your leverage at acceptable levels, diversify over a broad range of markets , avoid illiquid investments and try to do something else than the rest of the pack.
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    HFRI: Hedge Funds +0.45% for July, +7.95% YTD

    *whisper* quantitative global macro
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    What happened to the dollar?

    USD funding needs by Eurobanks. cannot access USD cp market, so they borrow in Euroland and convert to USD.
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