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I’m sure :) Btw - I looked at heir website. They even have the audacity to make their logo a stylized version of a Tourbillon watch mechanism.

Parents should be carrying guns into college campuses.

I’m pretty sure no one is thinking that when they hear the name of his fund.

It’s pretty douchey to name your fund after a pointless luxury product. I guess he wants to remind people that he’s overpaid.

All my trading infrastructure is on a PC at home and I use gotomypc to access it. It works great.

I scanned the 8k. The earnings report was embedded in it. it was released at 16:04.

I would look into it more. It looks like they issued an 8k at 16:04. in that 8k they might have issued earnings highlights. It looks like the machine reading algos got a jump on that filing.

It's equivalent to a business changing its operations. A corporate action from the OCC perspective is designed to ensure a holder of a synthetic has got the similar economics as a shareholder of the cash. This is so that hedging can stay consistent for the most part.

yes

She was probably too old by then.

Earnings came out at 16:08.

No its not. Legality and morality aren't equivalent. He's beating Einhorn.

The company is morally bankrupt and should be shut down. However, he wasn't fighting some scumbag CEO - he was fighting an FTC that has allowed this company to exist for 30 years (not to mention Amway - the politically connected equivalent).

Bob, are you guys increasing your margin on short VIX and short volatility positions?

Interesting question. It seems it cuts along the lines of the "ideology that's being attacked." The right has maintained that it's okay for businesses to discriminate against gays (legislated in several states) but not okay to discriminate against the NRA (see the recent issues with Delta in...

First generate the regression. Once you generate that data, it will be pretty obvious what strategies to investigate.

Buybacks are really a tax free dividend. It's a way to give money to shareholders without paying dividend related taxes. If a CEO decides to use his company's cash to buy back stock, it generally means he has no better use for the cash. The stock price will go up, but in the long run only...

Limited Liability is crucial to the growth of an economy. When tail risk is socialized, it allows businesses to grow. Shareholders already have skin in the game to prevent excessive risk. There are some shareholders who figure out that they can take extremely excessive risk and they will be...

I wouldn't be selling them. Especially when you consider how much short vol (real and synthetic) is in the market that a 5percent selloff created a 100percent rally in the vix futures.

or get a job!