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I'd actually maintain that it's only actually an "edge" if it indeed would be arb'd out of existence if done at scale (which as pointed out in finance means number of dollars not number of participants). If it can't be arb'd away it's not an edge, it's apophenia and you're deluding yourself.

Helicopter ATP (that and $1.85 will get you a cup of coffee at Starbucks) and multi commercial. But haven't flown for a couple years so while I could probably get us there in one piece on a sunny day it might get sporty if things went south at all. It is interesting that you never have to renew...

Hey, if you're ever in MD I'll be happy to meet up. And I was a professional pilot for many years, so the real leap of faith will be when I offer to fly you myself:cool:

Like I said, gotta be some mental issues......

So first off, @nooby_mcnoob you've got a history here at ET of being, shall we say, economical with the truth (https://www.elitetrader.com/et/threads/intellectual-yet-idiot.330483/page-4) so pretty much any bragging from you can be discounted as bullshit. Second, you've got a history here on ET...

I'd love to know specifically what I said that was "ignorant"? Was it the part where I pointed out that relying on a single anonymous salary survey online that was out of line with the dozens of other surveys there, hundreds of surveys elsewhere, and my own experience as a owner of a software...

So first off there aren't any software developers at Microsoft making a salary of $2.5M dollars (maybe Yen?) a year, year after year. There may have been some combination of stock bonuses and stock appreciation that hit the perfect combination such that someone made that one year (although I...

I'm not "fed" anything. I happen to know a number of folks HK who have been participating in the protests and who have all conveyed to me that they are entirely about the extradition bill and follow-on fears of China's crackdown on democracy in HK. Where exactly are you getting your super secret...

So first off, the unrest in HK has fuck all to do with wealth inequality and everything to do with a bunch of people not wanting to live under a dictatorship. So WTF that comment has to do with the subject at hand who knows? Grabbing some arbitrary current event and using it for justification...

Have you entered limit orders around the mid and not been filled or just see wide bid/ask spreads? I ask because often MMs leave wide spreads around illiquid securities but will hit something around the mid if you put it up.

It always baffles me why anyone would think the amount of an arbitrary mineral we dig out of the ground should determine our money supply, set at an arbitrary exchange rate to that arbitrary mineral which is mined at arbitrary rates determined by various gold finds around the world. In what...

I know but then no one will understand what we're fapping on about. And that was way more painful than my "wall of text"!

Point well taken:cool: I was only going to post the first two sentences, but decided it deserved a better explanation and never went back to reread it as a whole. And so you got what you see here, sorry!

I don't think you're looking at this correctly, there's no way you can get the dividend on a stock without exposure to the directional risk precisely because the stock price drops by the amount of the dividend if you isolate out stock price movement. You're either misunderstanding how the no...

So you do understand that when a stock goes ex it drops by exactly the price of the dividend? So if you're short, you have to pay the dividend and get exactly the same amount back from the drop in price. So there is no "risk" for the MM to go short the stock if they're long the future you're...

The dividend is priced into the future if it's dividend protected, no?

He wasn't saying that at all. He was saying it's a false inference that anything done in India (in this case eating tumeric) reduces the chances of Alzheimer's simply because the rate of Alzheimer's is lower in India. As he points out, given a lower percentage of the population in the age range...

"Most Gen Z and Alpha citizens are already programed to live in squalor."? Seriously, "most", as in the common definition of the word meaning the majority or vast majority? Because you saw something on 60 Minutes that covered something like .1% of the population of the U.S.? Have you actually...

The problem is that it's easy to predict 9 of the last 2 recessions and the market can remain irrational longer than almost anyone can remain solvent. Trying to predict the timing of a crash, however inevitable it is, is a bit of a folks errand.

Hire the smartest people you can find to work the front office of your investment bank. Tie their compensation heavily to performance. Hire the people who aren't smart enough to make your screen for the front office to run the back offices in charge of collating data and running compliance...