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You know you're right, you look at the trailer parks and Walmarts in the states at the bottom of the GDP per capita list (Alabama, Idaho, South Carolina, Arkansas, West Virginia, and Mississippi, 45-50 respectively) and it's almost third world. Well if you're really third world you're literally...

Sorry, you've departed reality if you think Zimbabwe and Venezuela and their leaders are equivalent in any way to the U.S. and President Obama or that Sweden, for example, is on its way to becoming Zimbabwe! Smart well meaning people can disagree, but when you start throwing around patently...

I don't think that word "metaphor" means what you think it does. You've managed to unfairly stereotype an entire generation and conflate fashion statements, the governance of Venezuela which has nothing in common with any of the 50 prosperous first world what you would call "socialist"...

I agree with you completely, that is statistically "true", although if you work with statistics much "true" is a word you use about as often as "cap". It's also statistically true that a fair coin will come down heads 50% of the time if you do enough tosses, and that if you have 99 red balls and...

What could be more incoherent than a rant about the importance of the direction in which you wear your hat which is somehow supposed to be connected to the plight of those in Venezuela? If you've got some statistics on that then I'm all ears, I've done a bit with statistics in my day.

Sorry, my point was perhaps too subtle. I was purposely being over the top prejudicial to a big group of people that happen to include the OP to show how absurd he was being to judge an entire generation on something as silly as what direction they wear a hat. And perhaps pointing out the...

And how does that make it OK for you two to be nothing more than grumpy old men leeching off society doing nothing to help anyone while criticising an entire generation based on something as absurd as which direction they wear their "cap". Listen to yourself for a minute.

I think the hats (we stopped calling them caps about 50 years ago) backward has been a thing for 20+ years, not to mention the direction in which one wears their hat has absolutely nothing to do with the plight of those in Venezuela. I work with plenty of millennials who are doing spectacular...

Not to mention the fact that even Interactive Broker's compliance dept is going to catch on when you claim your account that's been worth around $100K for the last 3 years is now an ECP.

Well that's an ironic statement. Russell R. Wasendorf Sr. had his entire net worth tied up in PFGBest, so much so that he attempted suicide when the failure of the company was imminent. And yet, PFGBest still happened. I don't think you grasp the concept of counterparty risk in the financial...

Sorry, I don't understand what you're trying to convey. If you mean banning all ownership of your own company's stock, then you'd pretty much be throwing out the entire entrepreneurial business model of the U.S. and would ensure that most of the startups that are now public companies (from...

I'm going to say you're either just wrong about this or you're being purposely misleading. I finally dug around and in your yield enhancement agreement it actually states (https://www.interactivebrokers.com/download/IB_LLC_Agreements_and_Disclosure_Package.pdf) "6. Securities Loaned Out By...

Your own U.S. customer agreement seems to conflict with or at leas is confusingly unclear about what you just posted. It states (https://gdcdyn.interactivebrokers.com/Universal/servlet/Registration.formSampleView?ad=us_customer_agreement.html) "IB's Right to Loan/Pledge Customer Assets: As...

Whole set of disclosure rules on that which allow any of us to see the insider's transactions that levels the playing field somewhat. There's actually a good body of literature on the abnormal returns you can get by simply following reported insider sentiment.

Why are the SEC insane? The law defines insider trading as "a person trades on the basis of material nonpublic information if a trader is "aware" of the material nonpublic information when making the purchase or sale." Nothing in there about having to be a "high level manager" or that you had to...

Until Dodd-Frank there were no restrictions for commodities, now there are some. CFTC just brought their first case under those rules (http://www.cftc.gov/idc/groups/public/@lrenforcementactions/documents/legalpleading/enfmotazediorder120215.pdf) although to me the line between frontrunning and...

Not familiar with pharma but financial firms have pretty strict compliance departments and restrictions. Usually you can only trade in broad index open end mutual funds without prior approval, all other trades require compliance department approval before you trade and they won't grant it if the...

The truth of it is if you become proficient in one language it's not a huge deal to teach yourself others. I'm also a Python indent hater, but it only took me a couple days to go from never having coded in Python to writing backtest code relatively quickly and I don't consider myself a...

The definition is pretty clearly defined, you can read it for yourself at http://www.ecfr.gov/cgi-bin/text-idx?c=ecfr&SID=b8d90c6a661a6a888893013260fc224b&rgn=div8&view=text&node=17:3.0.1.1.1.1.66.95&idno=17 and...

If you're not covered by SIPC (FDIC is only for banks) in the event that your securities have been lent, then anyone with a margin account at any broker is at risk. If you have a margin account, in almost every case you've also agreed to allow the broker to lend your shares. In the vast majority...