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I don't know about recently because Mark went on sort of a sabbatical of sorts and sort of fell off the trading grid years ago, but historically speaking he is the real deal and unfortunately his biggest errors were sharing too much with too many.

Jim is not a citizen of Singapore.... Voting is compulsory for citizens however.

If gold goes to 10k/ounce in the very near future under the context of inflation (i.e. everything hard asset-wise goes up proportionally not just a gold bubble), I dare say you won't need to be worried about taxes if you own physical, especially coins. The whole system will go sideways in...

Yes certainly it does not track the N225 very well. If we're talking about a long position, it is probably better to go directly into either the futures or stock market directly versus this ETF. If you're still short or thinking of shorting I'd be interested to hear what your reasoning may...

It is fairly one-sided, and the best part is, we're likely at the beginning of this not the end, as just about any trader/investor/gambler I talk to looks at me like I'm out of my mind talking bullish on Japanese stocks and currency... Every once in a while there is just money sitting in a...

Japan has a massive 7.0+ aftershock and the Nikkei goes up almost 2%? The Nikkei could be played directly but the better option is to buy a good basket and let this baby ride. Alternative play could be long USD/Yen (frankly there are likely even better Yen crosses to be long but you get...

I'm all for putting out some helpful hints but let's not just give away the farm Cheese... some of us worked very hard coming to some very simple conclusions...

This is exactly what I mean. You are on the same line of thinking as everyone else. Do you know how many people were making similar arguments to yours about the US market in 2008? Just have a little patience. It would not shock me if in 2012/2013 the Nikkei is one of the best performing...

Oh don't worry, it hasn't left you at the station yet. I'm not talking about a daytrade here, I'm talking real macro moves over extended periods of time. Just wait until all the bad news of the aftermath is coming out, and the Nikkei mysteriously seems to ignore it all and mysteriously seems to...

Just look for miss-priced risk. It could be anywhere. If you want to talk macro, Japan will be an opportunity in the near to mid-term future. There are things that are simply miss-priced due to sentiment.

I'm not sure whether you are talking real ex-patriation (aka citizenship change), or if you are just looking for foreign residency. I realize your handle is anime-related but I will not assume that you are Japanese-American. Even if you are Japanese-American though, good luck getting Japanese...

Let me just say that "left" or "right", sheeple can get violent when they have a proper scapegoat and feel they have very little if anything to lose. It just takes someone or something to light the match. Economics are going to drive this bus regardless of how much kicking and screaming...

The Japanese need their money back. This is why assuming correlations will remain intact is very dangerous thinking even if founded on rational principles.

The day trading becomes more profitable than running a private enterprise in a fairly uncompetitive sector, is the day everything is going to hell. That scenario is simply not sustainable on a broad scale. What we do (excluding arbs/hfts) in so many words is price risk. So the day you look...

I grew up under the premise of "we're all the same". A color-blind, anti-racist upbringing. This was in the mid-west where it was white people, black people, and rare "exotics" (some east-asians, sub-continental indians, etc). I've found myself becoming more and more obsessed with...

I don't quite understand the P&L volatility thinking? If you want less risk take smaller positions. If you don't have the capital to take the kind of % of capital risks that you would like to take, then you have to get more money or (possibly dangerous) adjust your risk profile/expectations...

Newegg is indeed a good outfit. As to unions... they are toast. Adios. Sayonara. Or perhaps, more appropriately: Zài jiàn They have been sold out by the very weasels they put into power. A global workforce which U.S. (many in in name only) companies can outsource to make breaking the...

This may all sound like philosophical BS to most of you (perhaps... 95% of you). Taleb is just relating what a wise man already knows: You can't be certain of anything. I mean anything. Certainty is particularly dangerous as it relates to human constructs. Is the grass going to be...

1. Drastically cut spending. I'm talking pre-WW1 mentality as to what your government can do for you. 2. Broaden the tax base way out. Stop using taxes as a punishment/reward system, and start using them to pay for basic services only. This is the simple solution to a very complex problem...

Indeed, cheers to all. In the end this is a lonely game and sometimes a bit of shop talking, even if there are disagreements and some spilled beer, is quite welcome, especially when you have quality participation which I think this thread ended up with in spades from all sides.