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Beau dividing by 1.5 does not correctly describe a loss of 50%

Beau all you need to see is this. A X A X A X A X B = B X A X A X AX A It's a trick question. They're trying to see if you can see beyond just the math of investment returns or losses.

Exactly. Beau, you need to redo your CFA 1.

Why are you dividing by 1.5? If you lose 50%, you are left with 1/2 of what you had. Look at it in a different way. (100% + 20%) X (100% + 20%) X (100% + 20%) X (100% + 20%) X (100% - 50%) = (120% ^ 4) X (50%) = (120% ^ 4)/2 = (1.2 ^ 4)/2

No, I think you're wrong. :D A: P X 1/2 X (1.2^4) = P X [ (1.2 ^ 4) / 2] B: P X 1.2^4 X 1/2 = P X [ (1.2 ^ 4) / 2] A = B. However, many investors would leave after seeing half their portfolio disappear in the first year. So, company and manager would lose their MER.

??????? .... and from that you conclude that the losers are losing 25 times as much. There may be 25 losers for every 1 winner, but the value of that win won't add up to 25 times the sum of all the losses. I repeat, Stock777's math is very wrong.

I think you're missing many names. Perhaps, you should add everybody on ET.

urrrrr ..... no, sorry, the math doesn't work. Maybe for evert 1 mil winner there are 1000 1k losers, or 500 2k losers, or 250 4k losers, or some combination of losers totallying 1MM.

Probably true. Big shots while anonymous on the web; basement dwelling pussies in real life.

Funny, I have found it most effective not to simply submit and agree with my wife. I show her lots of love, but I also absolutely stand my ground when I am certain I am right. I also very quickly admit I am wrong when I am wrong. The key is honesty and consistancy.

The only thing bent over is the "bear". The "bull" is greatly enjoying the bent over bear.

Beau, I have not taken the Econometrics course. Admittedly, this would be very useful. I will be perfectly blunt with you. I think you have been duped. People don't just hand strangers a huge database like this. Either the data is bad, or there is some other undisclosed price tag...

I don't agree. A high dollar kills the trade balance. It is also deflationary. You don't want deflation when you're carrying a huge debt. Just the opposite: you want inflation. You want to devalue the USD since your debt is priced in USD.

"You're mistaken that the Euro is why we're up" I never said that! ... Up first because of AAPL, sold off and then continued up again after the FED interest rate announcement. You're right about good earnings. However, disappointing GDP numbers today. Finch added itself to the EURO...

NoDoji, welcome! You too have a very interesting reputation on ET!! What's up with that?? :D

I don't think I could handle another course in analysis - tedious beyond belief. You said you enjoy Topology? Yikes. You need those discrete math courses if you want to take some of the more interesting applied math. You also need abstract math (ring theory, group theory)

General Arts were included and then excluded as a result of the extra courses I took. I started as a non-degree student at the age of 33 with a 1st year (Full year) micro/marco course, a PHIL course, and a physics course. The extra Economics courses pushed the PHIL off my degree requirement...

Beau, I am just getting started. As you can tell from my education, I have a bunch of theoretical knowledge at my disposal, but very little applied experience that would be useful to trading. So let me develop those skills first. Once those skills are developed, I can apply them to any set...

Canadian degrees are 4 year programs. 20 full year math and computer courses + 2.5 full year courses of economics. Anyhow, all of this dick sizing is kind of silly. My focus is different than yours, but I have all of the tools I need. Actually, I forgot about the physics and geology...

Actually, first year micro/macro, 2nd year micro/macro, 4rth year micro, plus the Computer Math degree.