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    Biggest Defaulters on Mortgages Are the Rich

    Sounds like a Donald Trump move to me.... buying a multi-million dollar house and then defaulting on it.
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    Need Advice - Pulsar Capital

    Says they want 300 gpb of your money to start.... couldn't they have generated some kind of skill testing questions to answer instead of you paying your cash up front... step aside. http://pulsarcap.com/our_approach/faq#num6 Also note: while searching google for a person named Afonso L...
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    stock price and position sizing

    Thats why people (fund managers) use Northfield or Barra among other commercially available equity risk models... http://www.northinfo.com/documents/5.pdf http://www.mscibarra.com/products/analytics/models/global_equity_model/
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    How do you handle someone asking you about trading stocks, etc?

    The worse thing isn't when you tell them thats what you do for a living, it's when you tell them thats what you intend to do for a living.... The cringes...
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    World Governments should just stop stimulus programs - they only make matters WORSE.

    They had this ad for lightbulbs the other day, they last 10 times longer and are 10 times more efficient. I don't see anyone subsidizing them.... but there is billions for the pump and dump equivalent of ethanol, cotton subsidies, and any number of tax free proposals for wind energy in not just...
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    Why is HFT not prevalent in the bond markets?

    You're right. I saw a chart in an HFT book or article and very few people trade bonds in a HFT fashion as compared to FX, Equities and options. I think it may have something to do with the delivery of the bond...
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    stock price and position sizing

    you adjust it according to the volatility... and you set your max risk in dollars for each trade to be the same total risk capital = $10,000 max risk per trade = 3% of capital $1 stock with 20% volatility ( .03 * total capital) / .2 = $1500 in the position = 1500 shares $50...
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    Any correlation between currency strength & world cup results?

    People in Vancouver haven't figured that out yet.... they must be waiting for their broker to tell them...
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    Final Round Hedge Fund Interview Question

    An idea might be sell upside calls on the underlying, while purchasing CDS for the longer term, so the trade finances itself. Given the moribund outlook for the Market over the next 6 mths, it seems like an easy trade. If the CDS are not liquid, then jan 11 95 puts look like a decent option...
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    Luxury Revival Prompts BMW, Mercedes to Add Shifts

    David Rosenberg had an interesting blog entry a month or so ago about a place in the california / nevada desert where brand new cars were being stored outdoors for square miles along a major highway.
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    Saudi Arabia King Orders a Halt to Oil Exploration

    Sounds like it would be smarter to look for the bacteria generating abiotic oil down there, not throwing a bunch of genes together and expecting to get a result...
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    Where to find csv files on historical stock prices?

    I use amibroker with amiquote... i use free yahoo data for EOD. Works great, and there is also fundamental data pulled from yahoo that works well too... I can do queries and filters on all the fundamental data, or just do plain old backtesting on prices. I haven't tried backtesting on...
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    BackTesting - which program?

    amibroker: decent price, good support moderately easy syntax... filters / rule based screening can be done immediately without hardly any experience. backtesting is extremely fast. I can load 20 years of end of day equities and run a strategy and get results in 2 minutes or less...
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    Odds of a "flash crash" later this week

    The flash crash needs a rebranding. I'm thinking Bernanke's flatulence, or Bernanke's burps...
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    How do you know you have an edge

    you start to get a bit of an edge when you're edge tells you, you no longer have an edge...
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    Gold Bull's are cracking me up---the SELL-OFF began today...see ya at 999

    Agreed. Soon it will have arms and legs, and maybe some hand to hand combat skills...
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    Gold Bull's are cracking me up---the SELL-OFF began today...see ya at 999

    hedgies think gold is an inflation asset and bought it. Where's the inflation?
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    Would've been cheaper to let the kids rampage the city

    global research.ca has photos of the montebello G7 event in 2007. They have closeups of the boots, all were military / police issue and worn by the "perpetrators". The block group supposedly responsible for the ruckus has a funny name akin to the bloc quebecois...
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    Algo trading study resources?

    Aldridge is a good simplification of things as is narang. I could give away all 100 trading books I have and I wouldn't likely be effected, but Hasbrouck and Kumiega are important reference books to keep around. Kumiega has a structured view of how to organize the process of trading...
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    Risk measure taking into account of fat tails...

    you cant have simple trades and expect your risk to be controlled automatically. You need a variety of asset classes, timeframes, and non-directional trades in a portfolio of uncorrelated strategies to truly control risk. Its oversimplified to expect to just pop in some position sizer or...
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