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  1. B

    which to choose

    I was part of a class action with emachines (from all the way back in 1999), and my choices are http://www.emachinesredeem.com/ a) $62.50 b) a desktop computer with a 2.7Ghz Celeron and 2RAM or c) a small notebook with a 1Ghz chip that was slow even back in 2011 Not great...
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    Trading Movies?

    The pit is an OK trading movie, I saw it on Netflix streaming. A little bit depressing, all of these floor traders are getting into the business as it's shutting down. Pretty clear they have no edge other than being on the floor. http://www.thepitmovie.com/
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    And another trading documentary...

    I'll post again once the CP hits a new high in his fund. I hope Baron is still running the site by then. It could take another few years, maybe a decade, if it ever happens. Global warming or endemic Chicago gang violence might overtake the city in the meanwhile, you never know.
  4. B

    And another trading documentary...

    Generic hedge fund: The Fund’s goal is absolute return, ideally earning a profit regardless of the condition of the stock market or larger macroeconomic environment. To accomplish this, I use strategies such as buying and selling stocks short, trading options, commodities, currencies...
  5. B

    And another trading documentary...

    Notice that he's below the highwater mark from early 2008, over six years ago. Six years of dead money, plus a 35% drawdown.
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    And another trading documentary...

    "For all practical purposes has been running a bear fund" meaning that he's not been running a bear fund, it's not marketed as a bear fund, it's not for any purpose a bear fund. It's a hedge fund.
  7. B

    And another trading documentary...

    might want to quit his day job. http://capitalistpig.com/investment-fund/
  8. B

    Dr. Brett

    look at the color scheme on that blog and the horrible hostage photo. I wouldn't trust anyone who would pick a creepy green on green format.
  9. B

    Philosophy in Trading

    Aristotle Politics 1259: Thales, so the story goes, because of his poverty was taunted with the uselessness of philosophy; but from his knowledge of astronomy he had observed while it was still winter that there was going to be a large crop of olives, so he raised a small sum of money and...
  10. B

    Looks like Victor Niederhoffer blew up again

    Vic Niederhoffer ‏@VicNiederhoffer Apr 11 looks very bullish for spu . one augments his position. Vic Niederhoffer ‏@VicNiederhoffer Apr 10 as wellington would say " into the breach . their horses are mired" one buys spu at close with abandon doesn't sound all that...
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    Looks like Victor Niederhoffer blew up again

    is there any evidence VN blew up? I don't see any.
  12. B

    worst tilt ever

    NO way, not with Bwolinsky still posting.
  13. B

    worst tilt ever

    Actually Crittenton was suspended for 38 games of his last NBA season without pay. So that means he probably surrendered about $500000 right there for a dispute over $1000.
  14. B

    worst tilt ever

    He made about $4.5M over his career to that point, so if he managed to keep 50% after taxes and agents fees, that would be $2.25M. So how much do you have left that losing $50000 turns into a huge deal? $500,000? The whole reason he got into the confrontation with Arenas (when Arenas brought a...
  15. B

    worst tilt ever

    On the day he got robbed, April 19, market closed at 123.
  16. B

    worst tilt ever

    Crittenton isn't the smartest criminal. Everything he does, like buy his gang buddies plane tickets, he does in his own name with his own credit card.
  17. B

    worst tilt ever

    ESPN recently had a segment on NBA player Javaris Crittenton, charged with murder and now charged with trying to deal 900 LBS of cocaine. http://espn.go.com/espn/otl/story/_/id/10732937/ex-nba-player-javaris-crittenton-gang-ties-questioned-suspected-gang-member Here is the sequence of events...
  18. B

    Reaction to Michael Lewis's book and "60 Minutes" interview

    Don't think I'll be reading this Lewis book. Sounds deadly boring.
  19. B

    Reliability -- Dell vs. HP vs. Lenovo

    Is that true? I would be willing to bet that it's cheaper to have somebody else build it, even leaving out the cost of labor. You wouldn't try to build a car by buying each part separately at retail prices, would you?
  20. B

    Stock Market Rigged? Tune in to "60 Minutes" tonight

    Does volume at places like IEX get reported in the volume figures? Or are the reported trading volume numbers only for certain public exchanges?
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