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You don't voluntarily report capital income of >$20 million income in a single year. Unfortunately my most credible source is Sweden's largest newspaper and paywalled. https://www.dn.se/ekonomi/har-ar-sveriges-hogsta-loner-okanda-tog-sig-in-pa-listan/ He is anonymous there and referred to as...

Youtube does have better content than traditional TV (that was always targeting the lowest common denominator) much as it also has much worse. Of course, if you open Youtube's start screen on a default account you will be bombarded by hilariously 'idiot' things before Youtube's algorithm has...

It's almost a philosophical question. Anything less than a lifetime isn't enough to prove a track record without a doubt. ;)

And because I know @Overnight likes Youtube videos, here's some scenes from my favorite Ugandan movie:

Nah, the point was regarding these figures (didn't watch video) https://www.reuters.com/article/uganda-gold-idUSKBN2NP17M Typical high quality deposits contain 10 g/t gold = 10 / 1 000 000 = 0.001% I.e. the person I discussed with considered the implied purity in the article entirely...

Someone I talked to about this made the point that the numbers Reuters cited were probably by a factor 1000 too high (given typical oil purity vs implicitly claimed purity of the 31 million tonnes ore to produce 320 000 tonnes gold). I guess this video sources those same figures.

I suspect you both are describing sides of the same coin. Without having watched the video (saving it on my watch list for weekend) if it already covers what I'm about to say: What the markets do is to take an initial wealth distribution and transform it into an exponential one. To see why that...

While it's not actually possible to discuss algo specific requirements (it could be using literally something like 64 KB or up to hundreds of GB depending on what you're doing), there is a clear issue: Modern Windows takes a large chunk out of that 8 GB, especially noticeable once you have any...

Yeah he knows what's up. Reaching a new highscore in a familiar game is only so fun.

This made my day. :D

The alternative is not to give Russia stuff they shouldn't lawfully have because war is feared - then Russia will exploit that. The one thing Putin and his ilk does understand is hard military power. MAD is still a thing in any elevated nuclear conflict - Putin will not (with any sliver of...

Trash title. Yeah, Russians propaganda runs high (e.g. Lavrov and Maria Zacharova) but the fact is they're an ex-great power and the Russian military is miniscule compared to the US. The job of that propaganda is to gain advantages for Russia and works in the following way (ex Soviet countries...

Interesting. Yeah, that screams "noob".

Presumably they had liquidity issues exiting the short and contributing to the upward spike whilst trying to exit. "AI powered bla bla bla" really won't help you if you don't have the core risk management correct, one might say immutable law to all traders.

Yeah 2021 there was 1 gun related death in Japan, whilst the number of homicides obviously was vastly higher. Also, nice map: https://worldpopulationreview.com/country-rankings/gun-deaths-by-country

$30k is fine if he has several years to compound the account without withdrawing anything. Otherwise, it's too little, barring some incredible strategy that lets him >5x in a year.

So there are two different use cases here: A. Independent trades B. As part of scaling up a single trade off the same signal/alpha (e.g. a presumed trend). For A) there's absolutely no point, it just comes off as a gambling exercise (see first thread response by FreeGoldRush). A better (if for...

Agreed although it's not just Biden, there has been a collective reluctance to invest in new oil production as a part of the ESG wave.

Mildly amusing story, nice find. :) As the saying is: play stupid games, win stupid prizes.

BTC has never before had to contend with persistently rising inflation and the Fed correspondingly tightening, so past stats all the way since inception are arguably not applicable for extrapolation going forward. I.e. I'm not making mean reversion bets here.