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Thanks for completely flooding the thread with useless posts that can summarized in a single post. Attention whoring asshole.

And just to give you an idea of how much capital contribution you'll need, let's consider your "endowment" firm with 1 trader, and he should get paid at least 100k a year. Let's also be really optimistic and say he can make 30% a year. The inflation rate is 3% and you will spend 5% of...

Again, this is just an endowment that manages its own assets, isn't it? There are plenty of asset managers who trade capital belonging to endowments and foundations. Why wouldn't you just either (1) fund an endowment if you are rich, and/or (2) run/management/work for an asset manager if you are...

I think this is just an endowment that manages its assets for itself, no? You contribute $X to the foundation. The traders trade $X, get paid a salary + bonus, and then you have to spend some percentage of $X every year on some charitable cause. If everything fits certain criteria, the...

... why wouldn't they? You don't exactly graduate in the top 10% of Harvard without being able to make good decisions - at least not being stupid enough to buy an expensive car when you are full of debt and only got barely enough to live on;

Why? This is pretty much just an options contract isn't it? It's a call on employment with an expiration of 1Y. The 80k or so is the call premium. What's the big deal? Joe sixpack isn't getting a deal like this because he's not one of the top graduates of the top law school. These aren't...

I think that's where the 16.92 strike is about; it's a contingent claim. So, to your original question about the arb, it's not really an arb.

It's not as risk free as it seems. As far as I can tell, EHP is convertible to INTC IF INTC is below $16.92. Otherwise, it will return a par value of $10 per share. If you just go short on INTC and if INTC make a big jump, then your short will lose more money than your long. You'll need to...

What are you doing on a trading forum then? We are in finance for the money. Want to change the world? Join peace corp.

So why are you trying to pass off your ideas as an "economic" theory by using words like velocity of money and, constant labor force, axiomatic, etc? Anyone with a bit of formal economics training can tell pretty fast that you are just putting jargon together without really understanding any...

First - take the Pearl Harbor off the list - the allegation that FDR purposely let it happen is another one of the nut-so conspiracy story that no serious historian entertain. But then, none of those conspiracies are on the grand scale of this one - with so many people with so many diverse...

I could never get a truther to answer this question for me - maybe you guys can help: if there's a conspiracy that blew up the buildings, that was able to smuggle all that explosives in, that not one of the many many people who must have been in on it spoke up - why the hell are there so many...

No kidding... whatever political agenda in the book might very well just be a product of the fact that it's fairly impossible to write an entirely politically neutral book. It's a book about economic analysis applying to non-traditional economics subjects.

Your proof is wrong and shows misunderstanding of basic economics. Total man hour is not a constant. Rather, the total man hour you put there should really be total man hour productivity, which is certainly not the case. So, in order for your equation to balance out, it has to be the case...

Of all the years I've been here, this is probably the single thread where everyone, who otherwise would be disagreeing on everything, is agreeing and giving very good advice. But the 18 year old won't hear of it; He wants to be told that he's made it now, and that he's doing the right thing...

Extraordinary claims call for extraordinary proof. His claim that he is framed is an extremely extraordinary one. The existence of men "behind the curtains" is even more so. Naturally, we look for proof and support, especially in light of his existing diminished credibility (he is behind jail...

He is NOT the head of Princeton's econ department. He owned a company that had the words Princeton and Economics in it. Again, I pose to you this question: if there is in fact a conspiracy against one, one that is as powerful as he says, why wouldn't they just eliminate him? Why is he still...

As someone who works for the man, I *wish* wall street has control of washington... sure would make my life easier

What a shill. If he's so important that the government what whoever else is in on it is dedicating resources to scrub his wikipedia page, then why is it that he's only getting five years? If he is so destructive to the powers to be, why is he not dead, or at least in solitary confinement for...

This is a very poorly done study. In any case, this is an angle that has been pretty well explored. The "feed-everything to an optimizer and let it work out a trading strategy" route is pretty well treaded at this point, with little result.