Search results

  1. S

    Cannabis news re Washington tomorrow December 3rd

    I stand corrected! I'll rephrase my post then to start with. "As @vanzandt pointed out years ago......"
  2. S

    Greece passes new tax law for digital nomads

    And the USVI. Problem for most people is you actually have to physically live there and both are "love it or hate it" kind of places.
  3. S

    Cannabis news re Washington tomorrow December 3rd

    The thing everyone misses with the pot market is that the market could be worth billions in the U.S. and every single grower could still go bankrupt or barely stay afloat. This is a commodity, no different from any other commodity except that we can be almost certain it's going to be vastly...
  4. S

    "CoVID-19" is over.

    I'll date myself but its kind of like playing frogger and hoping that next log will appear to hop onto before the one you're on sinks!
  5. S

    "CoVID-19" is over.

    I'm hoping as well. I would have thought that we would have seen impacts though between when the last stimulus ran out and now, I'm pretty surprised we're not seeing much there yet.
  6. S

    "CoVID-19" is over.

    Yes, very true especially now.
  7. S

    "CoVID-19" is over.

    It's actually about evenly split, small businesses account for just about half of economic output and jobs in the U.S. This is a very different economic stress than what we've seen in the past in that certain segments are being utter decimated, small business or large, while others are entirely...
  8. S

    John Hopkins Study

    It's a slap in the face to those who truly suffers in China's Cultural Revolution to compare their very real deaths by the millions and incalculable suffering to the "suffering" of an asshole who can no longer tell gay jokes to people with gay family members without them telling him he's an...
  9. S

    When do traders have to pay the taxes - is it quarterly or annual when filing the taxes ?

    There aren't really any exemptions, however you can request relief from estimate tax is you received money unexpectedly near the end of the year. It requires you to affirmatively request it and the IRS grant it, and you still need to pay the estimated tax, you just don't get penalized for not...
  10. S

    When do traders have to pay the taxes - is it quarterly or annual when filing the taxes ?

    What makes you think capital gains aren't subject to estimated taxes?
  11. S

    80% of U.S. wealth is held by people 60 and over

    It's hard to tell exa but it actually looks like that disparity has been getting smaller over time? It looks like the silent generation were the ones really hogging the wealth in their prime.
  12. S

    Here's the proof that Black-Scholes-Merton (BSM) is WRONG

    Not sure how many times one has to say they don't support communism before you would believe they don't support communism! Obviously none of us lived in pre-1917 Russia or the states that became the USSR, we all have to learn about it from textbooks or even better first hand accounts. By all...
  13. S

    Here's the proof that Black-Scholes-Merton (BSM) is WRONG

    First off my totality of my point was exactly what I said, "your last sentence is a bit hyperbolic." Full stop. As I demonstrated with a handful of counterexamples, most of which actually didn't include "robbing Peter to pay Paul" given that workers in to Soviet Union and the Ottoman empire and...
  14. S

    Here's the proof that Black-Scholes-Merton (BSM) is WRONG

    No, I most certainly didn't include someone like Idi Amin because he most certainly didn't improve the standard of living for the workers in Uganda. In all of the examples I did provide the standards of living for workers in those countries undeniably improved under those governments. Certainly...
  15. S

    The stock markets in the Biden era - will volatility diminish?

    Because.........?
  16. S

    Here's the proof that Black-Scholes-Merton (BSM) is WRONG

    I'm no apologist for communism, but your last sentence is a bit hyperbolic. Kublai Khan vastly increased the standard of living in Mongolia, not sure there was a lot of "intelligent application of capital to the process of production" there. The Ottoman Empire greatly increased workers standards...
  17. S

    Is bitcoin mining viable?

    Nice flooring in that thing though:)
  18. S

    Is bitcoin mining viable?

    I don't think they care if you do it, they just charge you for the computing power you use and could give FA what you're using it for. The problem is that what they charge for the computing power to mine bitcoin is significantly more than the value of the bitcoin you mine. Plus their hardware...
  19. S

    Why does IBKR still have a 30-60 minute wait time to speak to a CSR?

    Anyone can get a lower margin using SPX boxes at any broker and depending on your product most of the major brokerages provide the same or better commission. I guess if there is a particular tool that you use that provides you value that exceeds their shit service and the amount you lose when...
  20. S

    Trump presidency trading 18c/$ on FTX

    For sure not an exact comparison. But basically there's nowhere in the real market world where anyone gives up double digit annualized returns just to recycle their money early to invest in something else. Kind of blows up the whole time value of money concept, especially in a world where you...
Back
Top