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    Biden to end most tax cuts if he wins. This will be intriguing.

    I would have to say that I'm somewhat baffled by this after actually watching these clips. In one he coughs into his hand and Tapper reminds him that it's safer to cough into your arm, at which point Biden points out he's in his own home but then laughingly admits Tapper is correct. How that...
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    Underperforming hedge funds getting rich off of fees

    I'll ignore the dick size comparisons; however if you insist I'll be happy to compare tax returns via PM. However that's irrelevant when discussing the matter at hand, and probably based on you taking my quote of a common saying as being directed at you personally rather than as a quote of a...
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    Biden to end most tax cuts if he wins. This will be intriguing.

    I gotta reopen your eyes with Trump's comments today when asked about COVID testing. Here's the transcript, verbatim: Reporter: President Trump, you've said many times that the number of coronavirus cases is going up because testing is increasing. Trump: That's right. Reporter: Do you...
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    Underperforming hedge funds getting rich off of fees

    They're rich, you're not. Not that being rich is necessarily a sign of success, but if you're on a site called Elite Trader and measuring success of a financial product then the folks who are rich have success and the folks who aren't, don't. Clearly they're doing something right and the people...
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    Underperforming hedge funds getting rich off of fees

    To paraphrase an old saying, when you think everyone else at the poker table is a chump and they're all winning and you're losing, you're most probably the chump.
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    Why is DGP so much higher than 2x GLD right now?

    Read the above, perhaps. Did you model the daily return feature and it still doesn't make sense, or do I need to further explain the model?
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    Underperforming hedge funds getting rich off of fees

    Also good points about the bifurcation of small vs large funds. I personally don't know how anyone under $50M AUM manages to make any money. Not only do they have all the fixed costs to amortize but my understanding is that none of them are able to demand anything close to 2/20.
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    Underperforming hedge funds getting rich off of fees

    Most of those who don't invest in hedge funds don't seem to grasp the idea that most of the foundation/HNW/Family Office investors in hedge funds aren't nearly as concerned about absolute returns as they are about correlations. If you can get the right correlations relative to the rest of your...
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    Why is DGP so much higher than 2x GLD right now?

    Take a look at how all the double ETNs/ETFs work. They return double the daily return of the underlying. Over the course of any term longer than a day, they almost certainly will not produce double the return of the underlying, when they do it's pure coincidence in how the daily moves worked...
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    Aluminium price spikes 33%

    Which tells us the supply chain folks at Coke aren't as bright as the supply chain folks at Pepsi. No reason to make a single use container an iota stronger than it needs to be to do its job, anything else is waste.
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    Can you put past trades in the same tax year under a newly formed tax shelter?

    Not if they occurred before the entity was formed. BTW, if you're in the U.S. an LLC isn't a tax shelter and has minimal impact on your taxes beyond allowing you to deduct some expenses and potential form an IRA. There really aren't any legal "tax shelters" except for IRAs for trading profits in...
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    Widespread economic damage? Is that so, how can that be happening with a "V" shaped recovery

    I guess the question if "all you keep hearing" is who are you listening to? Given this is ET, probably the markets? If you were talking to small business owners every day, or people in the bottom third of the income bracket, or people working at hospitals (which paradoxically are losing tone of...
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    Media - this type of manipulation, - is the ,,least harmfull'' ?

    My point is that none of this has changed probably since Greek times but certainly not in the life of the Republic here in the U.S. News has always been paid for by advertisers, in fact in the past advertisers had much more influence on a given paper/channel because they did direct ad buys. Pay...
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    Media - this type of manipulation, - is the ,,least harmfull'' ?

    It doesn't take much effort to find the source document/video/tweet for any news story, in a way that was never even close to possible pre-internet. If there's this massive coordinated effort to manipulate news these days and you're able to use source documentation while you presume the rest of...
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    Reliable Up-to-date US Cases Data

    I was just saying that any big number of cases per day will have the same impact on the market in the ranges we're seeing today. If it fell to 5,000 new cases or rose to 100,000 new cases a day it would be a big deal and may impact markets. Whether it's 40,000 or 50,000 or 60,000 today isn't...
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    Reliable Up-to-date US Cases Data

    I agree, I just don't see anything in the market changing if we had 51k or 60k new cases. Everyone's pretty numb to daily differences of that magnitude at this point especially since they are so noisy.
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    The economics expert with no degree

    I haven't heard from @notafool with his supposed "ivy league with honors" degree. He must have forgotten where he put his diploma and is furiously searching?
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    Again, What Were the Benefits of Locking Down?

    I don't think you're incapable of reading, so you must willfully be deciding that you're not going to read my carefully described, very specific answers to your questions? That's a pretty asshole move, is it not? If there's anything incorrect in my last 5 posts to you, I'd welcome hearing about...
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    Again, What Were the Benefits of Locking Down?

    So the answer is no, then, to your ability to read my carefully reasoned explanation of excess deaths. The technique I explained that you either ignored or are incapable of comprehending is how scientists determine how to get to the number you asked for because it's the most objective way to...
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    Again, What Were the Benefits of Locking Down?

    It's "obvious" isn't it, just like his logic that requires a contorted story of protesters in states with lower infection and death rates somehow all managing to cause an increase in cases and deaths in the states that didn't take COVID seriously. I'm going to take your latest argument...
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