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  1. blakpacman

    Jack Hershey Sighting!

    He is far too busy trading and making a boatload of money to post with pikers here on ET.
  2. blakpacman

    Higher Edge After Switching To Less Crowded Markets

    In Market Wizards, Bruce Kovner said there better opportunities in less observed currency pairs.
  3. blakpacman

    What Does It Mean To Bet Against The Herd ???

    To bet against the herd means to be a contrarian. If you bet against the herd, you are likely to be trampled into a pancake. Betting against the herd only works at inflection points, which are difficult to determine, thus most traders try to trade in the direction of the major trend.
  4. blakpacman

    Finally, Google launches cell phone service, goodbye VZ, ATT, TMUS and sprint....

    "Phone numbers will live in the cloud so that consumers can talk and text on any connected tablet, Google said." http://www.reuters.com/article/2015/04/22/us-usa-google-wireless-idUSKBN0ND27O20150422
  5. blakpacman

    Bill Gross has found the 'short of a lifetime' — but you've got to wait until September 2016

    It will, but timing is a problem. I wouldn't be surprised if Bill Gross loses a lot of money trying to short German Bunds.
  6. blakpacman

    shy raising another round of money making it worth a 1/4 of a billion dollars....

    If this takes off, a lot of small business owners of mailbox and shipping stores would go bust.
  7. blakpacman

    Tudor Jones "Why we need to rethink capitalism"

    Watch the last 3 minutes of this video on PTJ from 1987. http://www.youtube.com/watch?t=8816&v=KrWbaErDtws
  8. blakpacman

    Found in 2013, Oscar Raises $145M At A $1.5B Valuation

    http://techcrunch.com/2015/04/20/oscar-145m/?utm_medium=email&utm_source=cb_daily&utm_campaign=email#.cpdwjt:NJPO https://www.crunchbase.com/organization/oscar?utm_medium=email&utm_source=cb_daily&utm_campaign=email
  9. blakpacman

    Paul Tudor Jones II Lists Florida Mansion

    I bet this guy has hot keys programmed.
  10. blakpacman

    Paul Tudor Jones II Lists Florida Mansion

    He only needs 3 monitors.
  11. blakpacman

    Regarding "Few get a consistent 20%/year."

    That strategy prospered in the 1980s all the way up until there was a crackdown on the practice. It worked for Gil Blake and Norm Zadeh. Worked so well for Norm that he was able to burn through $46 million in his ill-fated attempt to create a nudie magazine empire.
  12. blakpacman

    Regarding "Few get a consistent 20%/year."

    The educational value is that it's a dose of truth to damper the often unrealistic expectations that newbie traders/investors have. There's this false perception among inexperienced traders that making money in the financial markets is easy. It's usually not until they've wiped out and lost...
  13. blakpacman

    Shopping Mall Billionaire, Philanthropist Alfred Taubman Dies At Age 91

    A person worth $5,000 who decides to donate his entire $5,000 net worth, or 100% of it, would probably not be called a philanthropist by anyone's definition except perhaps his own.
  14. blakpacman

    Shopping Mall Billionaire, Philanthropist Alfred Taubman Dies At Age 91

    http://www.forbes.com/sites/luisakroll/2015/04/18/shopping-mall-billionaire-philanthropist-alfred-taubman-dies-at-age-91/ Alfred Taubman, founder of Taubman Centers, died on Friday evening in Bloomfield Hills, Michigan. According to his son Robert, the company’s chairman and CEO, his father has...
  15. blakpacman

    I want to bet the farm

    Don't lose the farm. Imho, if you must make a big bet, then bet with gains to be recognized in the current year. Don't bet big with your "principal."
  16. blakpacman

    Bare branches, redundant males

    Good for certain sectors, such as beer and sauna business, except for the occasional crackdowns. As well as this biz: Pricey plastic sex dolls are fulfilling the desires of China's lonely hearts...
  17. blakpacman

    These investors will give you $500,000 for a startup idea sketched on a napkin

    "93% of the companies that get accepted by Y Combinator eventually fail ... More alarmingly, the companies accepted by Y Combinator are only a tiny fraction of the companies that apply. Some have estimated that Y Combinator's acceptance rate is 3-5%."...
  18. blakpacman

    Bare branches, redundant males

    http://www.economist.com/news/asia/21648715-distorted-sex-ratios-birth-generation-ago-are-changing-marriage-and-damaging-societies-asias
  19. blakpacman

    Tudor Jones "Why we need to rethink capitalism"

    I think it's ridiculous for you to criticize Paul Tudor Jones. He is one of the world's preeminent philanthropists having started the Robin Hood Foundation. http://en.wikipedia.org/wiki/Robin_Hood_Foundation A billionaire really doesn't have to give one damn penny to the less fortunate if he...
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