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Very true - Warren Buffet being an example of the type you mention. One reason for that difference might be that I am speaking specifically about people in international finance (i.e. investment banks and the buy-side on Wall Street, the City, Tokyo etc) rather than about high earners in...

But clearly that is not happening. The savings rate in the US (and the UK) is negative and in very few countries is the environment - in which our kids will have to live - being protected effectively. So it looks to me like there is something fundamentally wrong with the direction our societies...

Hah, it won't happen. :) You think you'll be out at 35, but you find that all the toys - BMW M5, loft appartment, weekend place in the Hamptons, exotic holidays (but only two weeks a year remember) - cost a lot more than you realised and you're not saving that much. By the time you're in...

For the sell-side your trades would have to be approved and indeed you would probably be barred from trading in the stocks you covered as an analyst. For the buy side, it's not as cut and dried, but I would imagine that front-running - taking a position based on non-public information such as...

You would be putting yourself under an awful lot of pressure to succeed. Would that be the right environment in which to start trading? Would you be giving yourself a fair chance, even? If you were just "trying" it for two months that sounds less stressful, but you can still lose a lot of money...

Which stock is it? It's not clear to me based on the information you provided that there is a problem here. There's nothing unusual in getting a big shift in profits off a 6.4% increase in sales. Profits are more volatile than revenue because in many companies a large fraction of costs is...

It's a thought-provoking read. Recommended. Suss

It's a long story and really this was a question that would have been more timely a decade ago, when reform efforts started - now they have largely finished. This consisted mainly of clearing up bad loans that had been made during the late 1980s/early 1990s bubble, when it seemed that Japan...

Totally agree. I like the idea of having the security device but I don't understand the reasoning behind only using it for withdrawals >100k. Bloomberg uses these tokens for the logon and it works well. Suss

Many reasons. Stress from inter-personal relationships at work (having to deal with idiot colleagues or management). Commuting. Need/desire to live somewhere that doesn't offer high-paying jobs (e.g. rural area). More flexibility regarding holidays and time off. More time at home with family...

Perhaps switch to a more frequent trading pattern? 3 months almost qualifies as investing rather than trading. Suss

It depends on your investment horizon. If you are investing for 6-12 months, then developing a strong grasp of the fundamentals of a stock makes sense. I have met with analysts and money managers from hedge funds ranging from $10m startups to outfits like SAC and Janus and they all use...

Spot on has been a common phrase in British English for decades. Suss

I have two Aerons, one at work and one at home. I bought the home one with my own money after I realised that my back and shoulders were hurting after long sessions at the home PC. I didn't get that at work despite spending more hours in front of the PC so I assumed it was the chair. I bought...

Other countries would certainly not try to force the US into bankruptcy - that would be economic suicide as you say. However, if they believe that the risk is rising beyond acceptable levels they could certainly begin to reduce their purchases of US debt. That would gradually crimp the US'...

Well put. And anybody who has the discipline to steal and edge and make it work properly would probably have already developed his own edge without needing to steal it from others. :D Suss

:) Europe has been dealing with various internal and external threats for more centuries than the US has been in existence. It's still here. It will change in order to survive, again, as it always has in the past. I have travelled extensively in the US, have worked for and with Americans for...

Ward's tech support is good. Go to www.ward.net log in with your serial number and ask them in the forum, or send an email to tech support. They will give you precise details. Suss

Sensible point. I think you'd still need, say, $50k per system to do make a reasonable fist of it though. Even then you'd be limited to stocks with share prices of $50 or less if you wanted to keep positions to 10% or less - and you may want 5% or 2%! Suss

Ambition is a fine thing :) However, while undercapitalisation is the bane of the individual trader, after a certain point size makes life difficult. The bigger the fund, the harder it is to find good opportunities - be careful! I know a lot of HF guys who have said they never had as much fun...