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Those Wall Street bonuses trickle down to the poor.

Virtually every company will take that trade: cheaper costs now, access to a growing market of a billion+ people vs the future risk of IP loss. The thing is that we all underestimated the Chinese government’s ability to maintain a command economy.

I bet. There will be massive layoffs especially at the Corp office. Rockwell did it to BE. Utc did it to Rockwell. The guppies eating the minnows.

Again an operational problem that is managed by the streets’ program trading desks. Apples to oranges of citadels performance.

The SPX index is essentially a paper traded index and represents the aggregate inflow or outflow of money into the equities system. Size is irrelevant. I do find it impressive that index funds like vanguard can mimic the SPX so closely (especially when you consider they have to manage...

I’m very confused. You offer a hf trading entity for 30k and sold it for 20k. You built a second entity and are now trying to sell that for 30k (despite last sale being 20k and there being no real decline in supply). You say that you started these entities to trade out of despite having no...

This discussion has been had a 1000 times. It depends on your investment goals.

Typically hedge funds show returns net of fees. Secondly those returns are actually pretty impressive when you consider the size of capital citadel has and the fact that they are stated to be market neutral. Meaning that all that SPX rally didn’t contribute to their performance. It was...

Asset sales.

Buying this is a stupid idea. You can set up your own hedgefund for <10k and if you want to start an institutional grade fund, you will need institutional grade lawyers and accountants (which I doubt this guy used). Further, you take on all his hidden liabilities. What if, years ago, the fund...

Why would the SEC comment on what the AUM would have to be to justify the costs?

In India (and other developing nations) the son of a founder can takeover a publicly traded company. That would never happen in the US.

There was a New York Times article about Harvard admissions about 20 years ago. The source said that they could admit a whole class, put that aside, admit a whole second class, put that aside, admit a third class and that third class would be just as qualified as the first class. There is a...

Bush and Obama did an admirable job saving America from a depression. I think one reason rates are still so low is that people are afraid of what will happen if they raise rates given that real gdp growth is still sub 3percent.

Prob not any more than at Yale or Stanford or any other college on that list. My alma mater is on that list and there was only like two Forbes400 kids there.

When I worked for an investment bank I was considered a professional and my broker delayed my quotes for my personal brokerage accounts.

This is what Green told me. If I switch to trader tax status I will have to pay professional data fees.

If you claim trader tax status you are by definition a professional in the eyes of the exchange. This was verified by an accountant who specializes in trader tax law.

Makes you think given that the US gives Israel more foreign aid than any other country outside of Iraq and Afghanistan: https://en.wikipedia.org/wiki/United_States_foreign_aid If they can pay for their own citizen's healthcare then why are we paying for their bombs?

It would be the fastest way for him to tank the stock. Even selling stock would be a less bearish signal.