|
03-26-2009, 01:47 PM
|
#41 (permalink) |
|
Nothing
|
Well seriously, I wish you luck.
You might do well to read some of the books by Nassim Nicholas Taleb. Fooled by Randomness (from 2000 or so) The Black Swan (from 2006, i think) Not the only guy to dismantle rational markets recently, but I think you'll get a kick out of him. He's a former quant, manager of hedge funds, etc.
__________________
"I do not agree that the dog in a manger has the final right to the manger even though he may have lain there for a very long time. I do not admit that right. I do not admit for instance, that a great wrong has been done to the Red Indians of America or the black people of Australia. I do not admit that a wrong has been done to these people by the fact that a stronger race, a higher-grade race, a more worldly wise race to put it that way, has come in and taken their place." - Winston Churchill, 1937 --{ORLY?}-- |
|
|
03-26-2009, 01:59 PM
|
#42 (permalink) | |
|
Junkie
Location: Ventura County
|
Quote:
Oh, I mean that in a good way, I do some of my best reading on...oh, you get the picture and I am happy to leave you with that impression. I love TFP, we can go from market theory to French Impressionist to toilet humor in a matter of minutes. 
__________________
"Democracy is two wolves and a sheep voting on lunch." "It is useless for the sheep to pass resolutions on vegetarianism while the wolf is of a different opinion." "If you live among wolves you have to act like one." "A lady screams at the mouse but smiles at the wolf. A gentleman is a wolf who sends flowers." |
|
|
|
|
03-26-2009, 08:11 PM
|
#43 (permalink) |
|
immoral minority
Location: Back in Ohio
|
The markets will go up, compupter models will force investment houses to buy stocks, then the next batch of people will retire and move their money someplace safer, stocks will fall, computers will force the big guys to sell, etc...
There are a few fundamental problems with the market currently that should be looked at. |
|
|
| Tags |
| markets |
|
|
