Search results

10% is healthy. 40% isn't anymore... When I look at the statistics of the federal budget in my country, I can see that : - 20% is going to elderly people (who aren't rich enough nowadays...in case you don't know...) - 14% is spent just for the administration that collects taxes !!!! - 8%...

40% of your income going to the state ? How horrible ! Why work then ?

You offer me the put option ? ;-)

Let's hope so :)

Just depends on the scale you choose... :D

No, you shouldn't. I haven't tried it personally, but it seems so. By the way, I'm swiss and can tell you that you 3x evaluation is a little biased. If you want to be in Geneva or Zurich, it is perhaps the case, otherwise, prices aren't that high especially with the high (and denied by...

Croatia : no capital gain taxes, and very low cost...

I love the 'EVIDENCE' part ! How can people be so ignorant to fall in such a trap...

Furthermore, if the market is an infinite-variance process, 'volatility' is infinity...

Historical vol is historical vol. Period. Then you look for a formula to estimate it. There is a finance-world agreement on the fact that volatility could be the variance of the distribution of the (log-)returns. Then, you to estimate (second time...) this variance, you have to determine it...

The best of the best in the companies are those who run around the whole day, carying a pile of papers (always the same)....all for nothing... They usually lead the local labor union...

Not really the fact to love/hate your job. What makes me really sick in 'standard' job is to work for the others...and having to listen to so many nonsenses and political fights inside the companies.

I tend to value freedom to more than millions of dollars. Trading to live (even if some are not making 300K$ a year...) is always better than being forced to work everyday 9-5...

If this system has a -1% maxdrawdown, it IS very good. Just leverage it...

Beautiful...and so true...

I second that... Let me add to this a system that is positively correlated with your sleeping time...

Why don't they buy/sell the underlying then ?

I personally do not conceive any notion of 'fair value'. Just to give you an example : if I want to buy, but I don't have any money and cannot get it, my opinion on the market is not included in the price...

It is not a directional bias. This is basic option's pricing. Option's price doesn't depend on people's perception of upside/downside probability. It only depends on people's perception of upside/downside risk. Options wouldn't be useful if they were a bet on an underlying's direction...

Where do you get that from ?