Search results

  1. D

    61% of Americans are still living paycheck to paycheck

    Amun Ra is correct. When inflation is high you want to owe as much as possible so that you are repaying the loan with cheaper money. This assumes that your income and assets will increase in proportion to the inflation rate. There are a lot of seniors still paying down the mortgage on their home...
  2. D

    61% of Americans are still living paycheck to paycheck

    That's the point. They don't realize the advantages that their family's money and connections gave them. For example, I met a guy whose job was traveling the USA looking for private investments for his employer, a billionaire. He went on to explain how he was a self-made success. He even paid...
  3. D

    Any reason why my monitors would cycle off and on again out of nowhere?

    I believe it is Windows 11 that is supposed to have a fix for this.
  4. D

    61% of Americans are still living paycheck to paycheck

    I have met many people who have done quite well in life, but despite having well off parents who made the journey easier, will tell you that they are a totally self-made success. People never see the advantages that they have. They only see the disadvantages.
  5. D

    61% of Americans are still living paycheck to paycheck

    It could also be that America's population is 50% larger than all of Western Europe combined.
  6. D

    Best ETFs for Playing Ukraine Invasion?

    Pick any of the Russia ETFs. Go long if you think there will be no invasion. Short if you expect war.
  7. D

    61% of Americans are still living paycheck to paycheck

    Do you have any stats that show that. Most articles that I have ever read stated that the number one predictor of someone's success (in income terms) is how wealthy their parents were. For example this article states that smart poor kids will end up doing worse than not-so-smart rich kids...
  8. D

    Java/Linux advantages for algo trading

    The Java and C# languages are almost identical. In fact C# was developed by Microsoft after Oracle, who owns the Java copyright, sued to prevent Microsoft from making changes to the Java language. The libraries that are commonly associated with Java and C# however, are vastly different. Linux...
  9. D

    Does this business exist?

    Thanks. Very interesting article. Most memorable item from the article: In a 2016 paper, four Quantopian employees found that the more backtesting a quant did, the bigger the gap between the reported results and the real-world returns. Still the OP might want to read the article since it...
  10. D

    Does this business exist?

    Do you have any stats that?
  11. D

    Question about the mechanics of ETFs

    The article is somewhat mistaken. If Tesla goes higher or lower, the value of the Tesla stock already in the ETF also goes higher or lower. The only way that the ETF would have to buy or sell Telsa is if more shares of the ETF itself are bought or sold (as Robert Morse alluded to with...
  12. D

    understanding etfs

    Usually, the ETF trades close to the total value of the underlying stocks. If the ETF bid or ask is too far from the underlying stocks, it presents an arbitrage opportunity to buy one and short the other. Note however, that thinly traded ETFs can indeed have bid/asks far from the underlying.
  13. D

    New system won’t load up after doing a basic windows update

    You might want to Google "Mac won't boot after update" before giving such advice
  14. D

    Bill Ackman Pershing Square Historical Performance

    I have no definitive proof, but only a logical conclusion. The often-cited statistics from Credit Suisse Hedge Fund Index in regard to hedge fund performance ... from 1994 to 2021—through both bull and bear markets—the passive S&P 500 Index outperformed every major hedge fund strategy by over...
  15. D

    Bill Ackman Pershing Square Historical Performance

    If you exclude fees, the hedge funds really do outperform index funds. But the fees not only wipe out that outperformance, it guarantees underperformance. A few years ago, Calpers, the California Pension system withdrew all investments from hedge funds when their studies show that 70% of all...
  16. D

    IB: I shorted 1 mini SP; IB says I'm down more than $10,000

    Good comeback. You must have been waiting a long time to use that line at just the right time.
  17. D

    IMF Urges El Salvador to Discontinue Bitcoin’s Legal Tender Status

    El Salvador paid an average of about $47,500 per Bitcoin, and the current price is about $37,000, meaning that the Salvadoran investment has lost about 23 percent of its value. That pales in comparison to the amount they lost by having to pay more to borrow money after the rating services cut...
  18. D

    Wow guess nobody uses iexcloud.io

    I thought IEX quotes were free. If so, who is going to complain about a service that they are getting for free?
  19. D

    Data provider for real time tick-by-tick data

    Yes I have seen the discussions. I especially noted the one from Robert Morse that stated that the is always supposed to be higher pricing for non-display quotes, but that many vendors and brokers ignore the rule.
  20. D

    What happened today and what will happen tomorrow?

    Cathy Woods said yesterday that there is a stock market bubble, but the bubble is in value stocks not in tech. Now I have heard everything possible. https://seekingalpha.com/news/3789355-cathie-wood-in-our-view-the-real-bubble-could-be-building-in-such-so-called-value-stocks
Back
Top