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  1. S

    64 vit vs 32 bit

    Sure. I was using a 64 bit OS and sporting 8 GB of memory... 10 years ago. It's taken a long time, but 32 bit operating systems are on their last gasp. The 4 GB limit is to 2008 as the 640k limit was to 1986. Martin
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    Solar Panels so expensive

    Hey Blunt, try reading more than just the first sentence of my post. Thanks for the clue though, don't know what I'd do without you. Martin
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    Is China crashing?

    You seem to have mistaken volatility for risk. They are not the same thing. Martin
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    Solar Panels so expensive

    Denmark has 20-25% of their electricity demand met by wind power. They are running into grid stability problems, but they're still building wind power so they seem to think they can deal with it. Of course they have inter-ties with the rest of Europe that lets them export or import their way out...
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    Solar Panels so expensive

    I haven't the foggiest. I doubt it's that much higher, though, than the operating costs per megawatt per year for other power generation technologies. Coal fired power plants need maintenance too. Martin
  6. S

    Solar Panels so expensive

    In a year? It's not a matter of price, it's simply impossible. You can't even build the factories you'd need in a year. Do it over 2 decades and it'd probably be a lot cheaper than 16 trillion due to economies of scale. In any case, large scale solar installations always use concentrators...
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    Breakdown about to occur

    Hmm, interesting predictions. Either prices are going up or they are going down. Hard to go wrong if you won't pick a direction. Here's my prediction. No change. Volatility is dead. No breakouts. No retracement. All assets will end the year at the same price they are at today. Financial...
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    Furniture for my trading room

    Here's an old thread on the topic: http://elitetrader.com/vb/showthread.php?s=&threadid=52148 As I posted in that thread, I'm a big fan of the Ikea Jerker desk and the Steelcase Leap chair. Martin
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    Do you short in bull markets?

    What a ridiculous question. Bull markets and bear markets can only be identified ex post facto. You can't make trading decisions on that basis. A bear market is just a correction in a bull market until it's confirmed in retrospect. Similarly, you can short a sucker rally during a bear market...
  10. S

    HF manager Seth Klarman still beats SP500 while 50% in cash

    He only charges 1 and 20. Seems fair enough given his track record. Martin
  11. S

    What Cho learned in the English Dept at VA Tech

    Those classes sound a hell of a lot more interesting than any English class I've taken. I'd probably get in a lot of arguments with the instructors, but at least it wouldn't be boring. Anyway, I utterly fail to see the connection between nutty postmodern leftism and murderous violence that...
  12. S

    Can I be a non-professional trader with a general partnership at IB?

    Hey Jim, I'm think the only IRS requirement for an account to get tax treatment as a de facto husband & wife general partnership is that it has both of your names on it (i.e. joint tenancy). You don't need to create a formal partnership entity, and the account can still be an individual...
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    CNBC Caught In Lie About Mutual Funds

    <i>Good Lord, why don't you pick individual quarters, too? How about months?</i> Oh please. You're the one who said HSGFX got beat "5 years running." "5 crap years [...] 71% of the time it's been in existence." Wrong again! Hmm, I see a pattern here. This is your bullshit, not mine. I'm...
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    CNBC Caught In Lie About Mutual Funds

    Be fair Cutten, it was CNBC trying to use that measure to predict the market. Hussman was just using it as an example of a vapid bullish argument from the "carnival-like atmosphere on CNBC." Martin
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    CNBC Caught In Lie About Mutual Funds

    This is getting silly. I'm going to try to keep this brief. <i>We've already gone from boom to bust to recovery over the life of your fund.</i> A period over which "my" fund has <b>vastly</b> outperformed the S&P 500. <i>Your fund has not even been able to keep up with the S&P 500 for...
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    CNBC Caught In Lie About Mutual Funds

    That's funny, according to the prospectus, the fund's goal is to achieve market beating returns over the full business cycle with lower volatility than the S&P 500, by investing in stocks and hedging with options. So far that's precisely what he's accomplished. Whereas you seem to be...
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    CNBC Caught In Lie About Mutual Funds

    The S&P 500 total market cap has gone up by about a factor of 4.5 in the same time. So relative to market cap, uninvested mutual fund cash is less than half what it was in 1991, not more than double. Martin
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    CNBC Caught In Lie About Mutual Funds

    Bond funds? Small cap funds? Absolute return funds? Money market funds? They're all using the S&P 500 as a benchmark? That must be why nobody puts money in bonds. Oh, wait. So every year you put your money in the mutual fund which delivered the best returns the previous year? You think...
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    CNBC Caught In Lie About Mutual Funds

    And any underperformance since was from writing calls during a bull market. :) Judge him by his stated investment objectives. By that metric he's doing fine. If you don't believe in his objectives, if you want to beat the S&P on a 3 to 5 year time horizon, don't invest in his fund. Not if...
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    The Economist: Volatility, When It Returns, Will Devastate the Markets

    Everyone who wants to stay in the business. Here's the way I look at it. In my mind, I've got a trading department and a risk department. The trading department's job is to make money in normal times, 99.9% of the time. They don't care about black swan events. But the risk department thinks...
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