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Not exactly. I've chipped in on some of this stuff with others.

Not sure about you, but there are times I just like to check out...not watch the market and not have anything on, go somewhere and do something else for a while. I think your perspective changes as you get older. I don't think the percentages matter as much once you get a nice nest egg. You...

There's also word going around that there was a fat finger (attempted) roll this AM, which added to the index vol.

Withholding is one thing...the tax you actually owe may be quite another. If you guys filed, would you get a personal exemption or any deductions? I think the personal exemption for non-resident aliens is around 4K.

At the end of the year, do you really owe the 30% tax? I understand the withholding is mandatory, but if you got an ITIN and filed a US return - would you get much of the funds back?

You are looking for "ne1" to help you? I haven't seen him here today, should be checking in over the weekend though. I'll let him know you're looking for him.

A window into the sausage factory.

Agreed. The lower tiers (mostly millenials) have little interest in home ownership and other wealth building activities. They also job hop a lot more.

The CNBC gal yesterday was reporting that the issue looked more like norovirus than E Coli. Maybe a little less time worrying about GMO's and more time teaching employees to wash their hands.

I see the point, but I could never make that much. Even if I was holding the nickel option and it went to...maybe $5...I'd pee myself with a 100 bagger and just sell it. Maybe even more like $3.

I think the product you are trading has little to do with profitability - provided you have a positive expectancy and risk mgmt. There are a lot of things that guys here trade successfully using options that I would never touch. Obviously they are comfortable with the product and have rules in...

He rarely goes up there. All the labor is outsourced. He says he averages 12% per year over the long haul. Seems consistent with others I've read about with similar operations. Some years - or even multiple years...you get nothing from the trees.

All I'm saying is that everything changes as you grow. The market dynamics, your financial position, your tolerance for risk...your emotions. Pushing around a few MM when you started with 20-30K has an effect on most humans. I have the same limitations as BrandNewTraders friend. I can...

Probably not capital intensive, but it's super long term. It's standing timber...basically pine trees to be cut into pulpwood. They grow a bit faster than hardwoods. You basically buy a plot of land in the middle of nowhere and manage the crop, which isn't that hard. Each year, based on...

Just because a young weed grows a foot in a week doesn't mean that it will be 300 feet tall in six years. Weeds do not grow to the sky - the fallacy of extrapolation.

I know a guy that averages about 12% a year in timber.

To avoid that...you have to just drink all week long!

I've been working on a pretty large wine cellar.

Good points. Options (the insurance policies) can be sold/bought (to close) when the forecast grows cloudy. I tend to step aside when the VIX moves into the low 20's. What I do simply doesn't work in high vix environments. Imagine an insurance company that could cancel policies - at a small...

I thought maybe I had mis-typed a few things, so I read it again. Perhaps you read through my post too quickly. In my example, the market is not the insurance company. The individual selling or buying the options is the insurance company. He can choose to take either side of any event and...