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Any kind of totally tranparent taxation scheme will cause a revolt when the average American realizes the high taxes embedded in the price of everything. This is why high-tax items are quoted tax-free. The embedded 20% or more tax would scare the hell out of people if it were a line item on a...

Question is whether they are doing the spike on individual customers accounts or do they have to fill everyone at that price? You could bracket the market with buys below and sells above but it would only work if they guaranteed you a fill when the market spiked down. Traveler

Just tell the prospective women you have no intention of being monogamous and will be dating other people. Anyone who calls you back after that won't care what you do for a living. Traveler

Boom times are back in New Orleans. And there's a very concrete reason for the upswing. 80% of the housing was destroyed by Katrina. Rents have doubled but property prices are only up about 20%. There is such a demand for housing that it will take years for the supply to come back on the...

There are direct corollaries to issues I have experienced with my family over quitting a lucrative career to become a professional gambler. 1. Some people aren't wired to believe you can play/trade with an edge. Don't bother to argue with them. They will always just think you were lucky...

Perhaps you should have asked him anonymously. Now you're going to have countermeasures taken against you for sure.

As to the poker thing, there is a small army of guys making a living at poker online. If you're playing and you're not one of them, then you're giving your money to one. Traveler

The muggers aren't going to mess with your flash drive but the geek that buys it from the pawnshop might. You are lucky to be alive and while it's disturbing to lose it, the security of your data is not that important in comparison to your life. Traveler

Most online casinos are reputable. If you stick to ones licensed in the UK or Australia you will have no problems. The games are fair, and while there is a house edge on them you can easily beat them by claiming deposit bonuses. Avoid Playtech and Real Time Gaming casinos. Stick with...

Professional Gambler.

Don't you think the likelihood of a 25% decline in the stock is priced into the puts at the time you bought them?

Bob's technical advice is good but I wouldn't put a lot of stock in him personally. He plays both sides of the fence when he consults for the casinos. Much of his 1 MM came from one or two large jackpots. It's not like he won it $200 at a time. His WinPoker product (actually programmed by...

Because you can mathematically define your edge, and barring mistakes it is certain you will win if you play enough hands. Plus if you are young and unattached you get to live the live of a casino high-roller while making the $$$. Many pros also join teams to lower their risk. If 5 guys with...

Care to share with us your game ??? Cards, Dice ???? Blackjack doing card-counting Video Poker when total return is over 100% due to casino promotional marketing Bonuses from Online Casinos #3 is the big one, especially on a risk-adjusted basis.

You are comparing CA to other expensive areas. Except for Austin, Miami and New York are relatively expensive places to live.

If the fund manager told me some really juicy numbers I'd have a real motivation to try to figure out what they're doing. Assuming he has all the capital he wants already, what good could come from disclosure? He'd just have a bunch of guys trying to spy, steal or reverse-engineer his...

I am a professional gambler and I can tell you 100% that if you are enjoying the gambling then you probably aren't doing it right. I am saying that is ok for you to be compulsive about it as long as you are playing with an edge against the house. Otherwise you are just gambling. It is...

It will probably get marked-down on appeal. But in the meantime get ready to pay more for shipping.

Buffet pays little tax because he has huge unrealized long-term gains on BRK. And stock he sells for current income will be at the max 15% cap gains rate. Traveler

Did the plaintiff have a reasonable claim against you or was it just a nuisance suit that escalated to 400k from fees and interest over the years?