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From the Yahoo article: This journalist deserves to clean toilets.

Good news for trend followers.

http://www.nytimes.com/2012/01/15/opinion/sunday/the-rise-of-the-new-groupthink.html?pagewanted=all Accurate observations in this article, IMO. I wonder how other system developers/traders feel about the issue.

Rich is being able to pay the bills while taking 2 working days a week to play golf.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=216587

I wasn't talking about giving away money. We basically agree, because if you do it right, battling poverty and presenting opportunities are the same thing. One the answers to the OP's question therefore is the difference in education for the poor and the rich. It's making the wealth&health...

Used a Logitech trackball (the one with the big ball) for a while to prevent RSI. It was effective, also very pleasant to use. You will be a bit slower, though. I now use a mouse again, but I use my right and left hand alternately to spread the burden.

To me the mystery is why people mistake (A) improved conditions for the worst-off for (B) equality. More people towards the bottom ranks means more risks for the well-to-do'ers. No matter how rich you are, you can't isolate yourself from society. A wide wealth distribution is a source of envy...

Can you give some examples so that we may learn from your mistakes? :) My answer to the OP would be 6 months. More importantly: trade it for another 6 months with small size to see what kind of slippage to expect.

Re-reading The Plague by Albert Camus was one of my best decisions this year. Finally read Bonfire of the Vanities. Fantastic! Have to say I also tremendously enjoyed Freedom by Franzen.

'Tarding... :D Gotta remember that one. As to how trading is like dating... Remember man and woman have similar goals: she likes long, he likes to get rid of shorts.

We, the people, are being raped by brokers, giant vampire squids, governments, corporations, etc. Post ideas for undermining and overthrowing the system here.

Sorry, meant to say Pattaya. Very much enjoyed my time in Thailand. Beautiful country, lots of friendly people. About Belgium: why speak about an entire country? :) Plenty of quiet places to live to be found, despite political issues.

Good topic. I'm considering a move to the Asian region. What are good family-friendly, tax-friendly places? Any experiences with Singapore, Hong Kong, Shanghai? In Europe I can recommend Belgium (quiet and family-friendly, low taxes), Netherlands (no.1 in UN happy kids index, not sure...

Me running around naked on Wall Street with my 'The END is NIGH' sign.

They only seem to contradict from a short-sighted point of view. Most of it is 'invested' in improved health care and education, which, according to Gates, will pay of eventually. Sure, efficiency can always be improved, but I'm sure that's what he'll work on for many years to come.

Bill's an intelligent, visionary man and very dedicated to getting the most bang out of his bucks. I'm sure he will find more efficient ways to improve living standards of the poor than to just hand over bags of money to corrupt foreign governments... The very assumption that he will do so...

Fully agree. Best you can do for your kids is ensure them a happy childhood, safety, good upbringing and education. All my dough will go straight to charity after I pass.

We are witnessing the complete collapse of many hitherto valid trading strategies. The most often heard argument is: "Market are rigged. Normal rules don't apply anymore!" Could there be some sort of long-term indicator for how much the market is rigged at a certain point in history? (BTW...

Delete, please!