S&P will be under 700 within days

[MAESTRO]

Quote from Thunderdog:

Gosh, I remember when I first started. Don't give up, you'll get better.

Hey Thunder:

As I can see you are still visiting this sand box where kids are playing with their imaginary friends. Funny, isn't it?

 

[l2tradr]

Quote from B. Rowshan:

If there was an investor who:

1) Runs $300M + (started w $5M in 2003)

2) Has made at least +10% in EACH of the last 10 years

3) Is up over +50% this year alone

would you listen to him in this climate?

If by 300M you mean thousands, no. If by 300M you mean millions (MM) then maybe.

 

[B. Rowshan]

Quote from l2tradr:

If by 300M you mean thousands, no. If by 300M you mean millions (MM) then maybe.

Umm, $300M means three hundred million.

Where is it taught that M = thousands ??

K = thousands

 

[B. Rowshan]

Quote from GermanTrader:

He was an elitest who though his own shit didn't stink

My shit stinks, oh boy does it stink. I'm reminded of that every time my spouse enters the bathroom after I use it.

 

[Lucrum]

Quote from B. Rowshan:

If there was an investor who:

1) Runs $300M + (started w $5M in 2003)

2) Has made at least +10% in EACH of the last 10 years

3) Is up over +50% this year alone

would you listen to him in this climate?

no

 

[Thunderdog]

Quote from B. Rowshan:

Umm, $300M means three hundred million.

Where is it taught that M = thousands ??

K = thousands

I have worked for 4 banks during my banking career. All of them referred to thousands as M in abbreviated form and millions as MM. Go figure.

 

[B. Rowshan]

Quote from Thunderdog:

I have worked for 4 banks during my banking career. All of them referred to thousands as M in abbreviated form and millions as MM. Go figure.

Thank you for your invaluable contribution to the thread.

I never worked for a bank, so I say 300 million as $300M. Go figure.

 

[jprad]

Quote from Thunderdog:

I have worked for 4 banks during my banking career. All of them referred to thousands as M in abbreviated form and millions as MM. Go figure.

It's because banks use roman numeral designations.

English measure uses K for 1,000 and M for 1,000,000.

 

[Thunderdog]

Quote from B. Rowshan:

Thank you for your invaluable contribution to the thread.

I never worked for a bank, so I say 300 million as $300M. Go figure.

No need to get snippy again. I was merely offering a bit of insight after your snippy response to the fellow who used M and MM in his post. Your use of K amd M makes sense, but that is not how banks refer to those numbers in their internal reports, at least not where I worked. So you're both right, depending on your perspective.

 

[B. Rowshan]

Quote from Thunderdog:

No need to get snippy again.

Again? Did I miss something?

I have no need to ever get snippy w anyone who keeps marketmoronsurfer in his place. Good work!