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    Anyone read any of these books?

    5 Rules for Successful Stock Investing is a very good introductory book on valuing a stock.
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    API's used for charting

    This one is freeware. http://www.rmchart.com/ http://www.rmchart.com/rmc/gallery1.htm
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    Paradox of value investing

    As I see it, true value is an uncertain estimation, so the capital allocation must be viewed in a probabilistic way. As the margin of safety of the available investments increase, so is the capital allocation. The model is not binary (invested fully or not invested at all) but an allocation...
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    imp vol for forex options

    I think you can calculate it like this ... First pair return is A, second pair return is B , third pair return is C = B/A Ln(C) = Ln(B) – Ln(A) Ln(B) normally distributed with sigmaB = 0.093 Ln(A) normally distributed with sigmaA = 0.094 Ln(C) normally distributed with sigmaC =...
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    Someone gives you $50,000. Where do you put it right now?

    Why only 2.5 - 2.6% yield on euro accounts? Most banks in Europe will give close to 4%.
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    Random Walk Theory Proved, once and for all.

    This model is a little more accurate.
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    Random Walk Theory Proved, once and for all.

    :) Unfortunately, a theory is an assumption that can't be proved, only disproved.
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    Good book for learning about fundamental analysis?

    This is a good starting point http://www.amazon.com/Five-Rules-Successful-Stock-Investing/dp/0471686174/ref=sr_1_1?ie=UTF8&s=books&qid=1195575522&sr=1-1
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    volatility question

    Depends on your inputs and your calculation method… If you use all data (819 closing prices) the answer is something like 33.7% If you use last month’s data only, the answer is something like 41.7% If you use an exponentially weighted moving average historical volatility with a...
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    Morgan Stanley Traders Lost $390 Million in One Day in August

    :-) Yes cause there is no way to be certain he is doing it by luck.
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    Morgan Stanley Traders Lost $390 Million in One Day in August

    Correct. This is a rough explanation how you can calculate your advantage in case of uncertainty about Host’s knowledge or luck. Supose you have the 3-doors case. Your prior belief is that you are (for example) 80% certain the Host opens the doors by luck. Take the natural logarithm...
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    Morgan Stanley Traders Lost $390 Million in One Day in August

    This is a totally different problem definition. Each definition has a different solution. 1. Host knows --> you have to switch 2. Host doesn’t know --> It makes no difference switching (I have explained why a few pages ago) 3. You are uncertain about Host Knowledge --> start with a...
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    Morgan Stanley Traders Lost $390 Million in One Day in August

    I hope I am not making any logical errors in the following analysis. Suppose the player chooses door 1 1st case (Host knows the empty doors) Event A: car behind door 1 Event B: host opens empty door Event AB : car behind door 1 AND host opening empty door Event A|B : car behind door...
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    Morgan Stanley Traders Lost $390 Million in One Day in August

    If the host knows the goat will be behind the door then switching is the best strategy (2/3 - 1/3), else it makes no difference.
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    Excel 2007

    A patch is (finally) out to fix the calculation bug. You can download it from http://support.microsoft.com/kb/943075 Regards
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    Best Freeware Spyware prevention

    Avast antivirus http://www.avast.com/eng/avast_4_home.html Comodo software firewall http://www.personalfirewall.comodo.com/ For scanners (no real time) you can use Spybot S&D for trojans etc. It has also an 'immunize' option for preventing some cookies etc. from installing into...
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    What is conciousness?

    Another theory here http://www.innerlighttheory.com/
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    Algorithmic Trading Gets Smarter After Quant Upset

    Sub Lets_Make_a_H_Fund() Dim FundName as string FundName = “GlobalAlpha” Dim Other_Peoples_Money as Double Other_Peoples_Money = 10 billions If things = “calm” then Other_Peoples_Money = 12 billions Our_Fees&profit = 1 billion Else...
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    87% of all funds return less than S&P??????

    It’s normal. For example a significant contribution to the index return can come from a small number of stocks. If a large number of funds don’t have them in their portfolio they will underperform. Put in the equation the expenses etc… To illustrate the point I did a (not so realistic)...
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    How to value a stock?

    http://www.amazon.com/Five-Rules-Successful-Stock-Investing/dp/0471686174/ref=pd_bbs_sr_2/104-9153925-3563165?ie=UTF8&s=books&qid=1190894429&sr=8-2
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