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can you imagine how difficult it is to manage hundreds of billions and track the index so effectively. It wasn’t just an idea. It was brilliant execution of a sophisticated asset management platform.

That’s why I think it’s a fake story. 5k cash account trading 250k notional equiv of a zero coupon bond and the guy thinks he’ll earn 50k? And then this guy claims to withdraw 10k when he has only 5k of equity! And then the margin call costs him 50k? He’s still delta nuetral. So he lost...

Obama was being fiscally responsible.

He changed Wall Street more than anyone else in the last 50 years.

I believe UPenn did it.

1. Homes by universities are priced for this already 2. Universities can eminent domain your home if they want to expand 3. You will be interfering with your kids friendships when those friends stop paying.

“Community” isn’t a real financial metric?

I’m worldly enough to know the racist stereotypes. As apparently are you (you piece of shit).

I’m sure he feeds fast food to all the guests in the White House. I’m sure he fed fast food to all the guests at trump tower.

I only briefly looked at that and assumed it was a blog and not a satire site. The fact that zerohedge picked it up is a little frightening.

Or he assumed That since a lot of the players are black, they would only eat fast food. Let’s see if he splurges on grape soda. How much do you want to bet it would be filet mingon if he was hosting the Harvard water polo team?

I would say less than 5percent of (gross notional : long + abs(short).

It's not a no brainer. 60% win rates and 40% loss rates but you lose 2x what you win. It can be automated.

Okay - even though you asked sarcastically. One was a survey asking a sample of people what their opinions is to try to extrapolate the opinion of the overall population. A sample stating > 50% of the population holds one opinion is only wrong if 50% of that population doesn't hold that...

The important question is how are you determining if an earnings is rich or cheap? Just looking at past moves?

You understand how probabilities work, right?

Actually it’s not. CEO’s are often allowed to use corporate planes for personal use. They have to claim it as income however. So there is no crime. Trump’s issue is a crime and most legal scholars agree to that. The two situations are different except they involve extra marital affairs...

How so?

Thanks to republicans. When it was implemented by a republican in Massachusetts, it worked pretty well.

Legit. You can be assigned even if you are out of the money