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    LJM Preservation and Growth Fund, collapsed by 82 percent! (WTF?)

    That malachite fund is pretty interesting. Your nyc friend should be looking at them.
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    What Nassim Taleb Did on Black Monday 1987

    Either way Universa isn’t publicly correcting these inconsistent messages.
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    What Nassim Taleb Did on Black Monday 1987

    Either way Universa isn’t publicly correcting these inconsistent messages.
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    What Nassim Taleb Did on Black Monday 1987

    So perhaps Universa cherry picks the best performing mandates when they talk to the press at a given time.
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    What Nassim Taleb Did on Black Monday 1987

    If you read their returns overtime they don't make any sense: either they are truly geniuses who earn on long vol in short vol environments, or they can trade enormous size without anyone knowing. Their was an FT article in 2015 claiming they made a billion dollars. The actual quote was 15%...
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    What Nassim Taleb Did on Black Monday 1987

    I think Universa lies about their returns and deliberately obfuscates their performance. There’s an NYT article that insinuated that they also run long portfolios with tail protection. They were claiming returns that were in line with long SPX - a few percentage points...
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    Trump admin to rob immigrants' income tax returns

    Most immigrants (including the illegal ones) come here to work and produce. And you personally benefit from their work ethic in the form of lower prices. There are some bad immigrants. But there are also a lot of bad US citizens too.
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    Trump admin to rob immigrants' income tax returns

    How do you feel about your father invading this country and taking jobs and resources away from the natural born citizens of his day? Do you feel shame about it? You should.
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    Trump admin to rob immigrants' income tax returns

    I don’t know the answer to that question. My mom took 15 years while my dad took 2 years. But based on the arguments set forth in this thread neither should be eligible for government services lime medicare despite paying millions in taxes over the course of their lifetimes.
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    Trump admin to rob immigrants' income tax returns

    So to clarify the position of conservatives: naturalized citizens (who are immigrants by definition) should not be entitled to using government services like police, fire, and the safety net despite their paying taxes to fund those services.
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    Trump admin to rob immigrants' income tax returns

    But you would be eligible for them in the US if something terrible were to happen to you. You believe that legal immigrants who pay intothe system shouldn’t be allowed to take out as well? What about police and fire services? Should they respond to 911 calls made by immigrants?
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    Daytrading & Divorce.....

    A good wife is probably the most important ingredient to professional success.
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    Daytrading & Divorce.....

    He is worth billions.
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    Daytrading & Divorce.....

    Unlikely. I think there is precedence with The owner of the Children’s Fund. Where the judge ruled that the wealth in the business was earned solely by his talent and therefore wasn’t a business that should be split.
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    Can America become “the first successful multiethnic democracy”?

    Clearly you didn’t read the article. The attitude you shared is the threat to democracy in America.
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    Option selling for premium

    Your post was unclear. Yes, you did well on the 2 contracts you were assigned.
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    Option selling for premium

    Good for them. Bad for you. You could have been long stock at 122-your put premium and could have sold that stock at 125.
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    1929 vs 1987 vs 2018

    In fairness to Trump, he strongly improved business confidence and that pushed that market rally further. Now we have to see if that hope will turn to reality.
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    Self-driving cars take another step backward...

    Their SLA will put the burden on you. How much financial responsibility does Apple, Microsoft, or Google take when their software fails.
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    Failed hedge fund manager goes into teaching investing

    You couldn’t spend 5 minutes to answer your own question?
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