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About trading? What are you talking about? I said it was a tragedy and that politicians used it as a pretext to crank up the military spending.

There are guys on Randalls Island that have grand ambitions. It’s the ability to implement those ambitions that counts and they were not very successful over many many years. I was in the NYC. I was watching the towers burn from the Bear Steans trading floor in midtown Manhattan. A bunch of my...

Yeah, of course it is. We spend more than we should. More importantly, we give them a lot of attention and that's exactly what they crave.

Is it worth 4.8 trillion dollars in spending? Sounds like a pretty expensive option to me. Have they? Most of them have been around for many years, yet their attacks are very low tech (albeit sometimes high concept, like the 9/11).

Well, considering that number of people that died from prion exposure of all kinds is ... 1-2 people per million and most of it from Creutzfeldt-Jakob (https://goo.gl/rfDEGx). PS. There are plenty of other orphan illnesses with the same occurrence that receive close to zero funding.

Hmm, really? Do the math yourself: number of Americans that have died from terror attacks from 1975 to 2017: 3,024 (https://goo.gl/Sozrxt) amount of money the US has spent on the War On Terror since 2001: 4,79 trillion (*)(https://goo.gl/z1d2ZU) That amounts to some 7 people per year. At the...

Well, considering that farmers get paid not to grow things, it's a good investment. The more they not grow per acre, the more they get paid :) PS. I think US agriculture should be dead by now since (a) cost of labour is so much lower elsewhere in the world and (b) subsidies have created a...

If the user ignores you, he will also be invisible to you.

I think I made to his dark side, since he has blocked me :)

He's a smart guy but pretty closed-minded. That usually is a bad combination. I don't know what to think of him, to be honest.

Why is this in the stocks section?

State-ran health care is one of the few things that I could see tangible benefit from. At the moment I see very little of that from my federal taxes. Somehow, there is a bunch of assholes in Washington that make decisions on what to do with my money (and yours too, but somehow I am sure I pay...

The beauty of something like that is that it’s an easy to define stand-alone project. At my previous place of employment, I built something that does this (a bit more complex, as I also used it for allocating risk) as a library and an intern used this library to build a bunch of reporting tools...

[quite]Incompetence is fiercely gregarious while knowledge is often fractious; the reason for this is that raw ideas transfer more easily through untrained minds than refined ideas transfer through trained minds. There’s a reason why large organisations focus so much on simple messages, pity...

Didn't customers at MF Global lose money, or was it on the non-SIPC eligible contracts?

It's the latter - market-makers. That's what Rob was referencing.

And yet he has pledged over 80% of his net worth to a charitable foundation (and not even his own). Granted, I barely earn in a year what he makes in a couple of hours from the dividend carry (*), but I am trying to follow his example. On one hand, I try to pay as little in taxes as I can...

I have to note that your English was perfect in the previous post, so I have to take this as an act :) The goal for all system developers is a picture below, anything else is just a way to get there. Now, for the actual question of optimization and fitting. An ideal strategy is the one that's...

That's what most successful professionals are doing these days. Instead of searching for that one holy grail, you get a bunch of passable vessels - some made of porcelain and some are tin cups, but as a combination they tend to be as good as a holy grail is.

Do you have a reference to back that up? :)