Jauronimo
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Posts posted by Jauronimo
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Feel good romp of the summer. I'm down.
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A 23 year old self-declared communist who's never known such a system. How novel? I'm sure she can tell me all about how "its such a good idea, in theory." I will never get tired of hearing some college hippy trying to defend that statement, so yeah, I'm in for a nasty case of the Peoples Crabs.
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Why now, and not 2 years ago?
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Thats nothing. My buddy Bill Brasky got 3 DUIs on his way to the liquor store and 7 on his way back. Amateurs.
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Build a Disneyland.
Couldn't do too much worse than Euro Disney.
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http://latimesblogs.latimes.com/lanow/2012/01/michael-scott-moore-somalia-kidnap.html
"He became interested in writing a book about Somali pirates and went to central Somalia to do some research, KTLA News reported."
He's not an idiot, just an intrepid traveler.
Love,
Pete
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Big investors favored over small? No stojan, sherlock.
The game is not rigged towards the big guys, it's how the market operates. Put in a high school football team in the superbowl next week and see how they fare against Giants or Pats. Just because you opened up an eTrade account because a cute baby commercial inspired you, doesn't mean you have access to the same data, information and speed that professionals spend $ billions to obtain.
And where do you think union pension funds put their money, numbskull? How do they get returns that are higher than T-bills? I wonder if they co-invest with the Bain Capital thieves?
Except, of course, when the game is rigged against the big institutions. Like limits on percentage of ownership, being required to invest all incoming cash, balancing customer withdrawals (selling positions not because its a good idea, but because someone got spooked and wants their money back), rigid parameters, conflicting interests (trying to smooth out a steady S&P plus every quarter rather than just maximize cap appreciation over time), and group think.
Just imagine managing a fund and trying to invest $15 billion dollars. That figure alone eliminates much of the playing field since your standard mutual fund can't exceed 5% ownership in any single company, and you need enough market cap to actually move the needle. There was a passage in One Up on Wall Street that stuck with me, where Lynch explained the challenge in trying to manage his $12 billion fund. He described how after a while, as the fund kept growing, he had basically maxed out all his existing positions, and was investing new money, not in his top 50, top 100, or even top 1,000 investment ideas, but he was picking his 4,000th favorite stock on the list, because he had to.
After reading that it makes you appreciate the freedoms of picking your 10 or 20 best stocks, when you want, having the luxury of waiting until you see something you like, and doing so with a reasonable time frame in mind rather than worrying about if this pick will pay off in the next six months in time to get you your bonus. Not to say that its easy pickings for the average Joe-18-pack, but there are opportunities out there and you don't need a team of analysts, inside info and a bloomberg terminal at your desk to realize some nice gains. SEC filings are available, reasonably quick quotes, and volumes of information are waiting in any public library. I know this will be of little consolation to birddog's day trading forex arbitrage strat, but I don't think you have to be Warren Buffet to outperform your "medium risk" 401k. At least, I really hope not.
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hmmm, i guess i should be thankful for the protection from all that risk...thanks so much. and who is that decides i'm not up for it? actually there are plenty of risky investments i or anyone have access to. i'm just not stupid enough to think that all risky investments are equal. some speculation isn't risky at all and some is sure folly despite what the investment bankers say. but they're all just honest folks trying to make an honest living, right?
You do, by not meeting the minimum investment threshold. And its not you who is being protected, its the fund protecting themselves from you.
I'm leery of some the sell side guys too, but I'm going to go out on a limb and guess you don't know what an investment banker actually does.
Given your level of anger and resentment toward the financial sector, wouldn't it behoove you to know something about it?
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Everything.
The SEC regulations are backwards. Individual investors are the ones who need to pass a test before they're allowed to invest. It's not that the game is rigged, it's that the odds are heavily stocked against individual investors who do not have the capacity to have the same information & react in the same way as professionals. What % of individual investors actually take time to research an investment, let alone read a prospectus cover to cover?
What is your profession?
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You do realize that unless you're picking your own stocks (and if you are.....
) your money is being invested by the "big investors" don't you? Many of these funds hold tens or hundreds of billions of dollars.What is so amusing about an individual picking their own stocks?
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Tonight's game: 9 shots on goal (total) after 2 periods.
Thats about how many shots I needed to maintain interest in that barn burner.
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While we can all agree that OWS is a pinko-commie plot to ruin Western Civilization as we know it, might it all be just a diversion to direct our attention away from the real threatrt? Given the total failure to the proletariat to cast off their chains and seize the means of production, the photos below suggest that the Russians are targeting another demographic for global revolution, children.
You be the judge. Are these top secret training photos, or just the perversions of an abusive pedophile. But before you decide, consider:
Fact, there are an estimated 2.2 billion children in the world today, almost TWICE the population of China! With an average annual inflation adjusted income of $0, children make up the largest contingent of the 99%. The income gap between adults and children has grown almost 20% in the last decade alone. Children have become increasingly hostile toward adults, citing the growing gap between homework and play, unfair bedtimes, and too many vegetables. With the advent of facebook, twitter, foursquare, cell phones and other technological innovation, children around the world are connected and capable of organizing like never before. The question isn't if, but when...
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So is that a no on Buggs and Corto? I
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Yup. Why should someone who doesn't work pay a lower rate than a cop on the street risking his life?
I think you've hit on something huge, Dave. All tax rates should be specific to occupational risk. A lumberjack or policeman should be subject to lower capital gains tax than say a teacher. Its common sense, because financial risk and health risk are virtually indistinguishable and fair is fair.
Of course not all cops face the same risk, therefore taxation should account for the regional crime statistics, departmental funding, access to weapons, amount of street lighting, etc. If you walk a beat in Boise, that fat dividend you received should be taxed at a higher rate than a cop with the same investment who patrols Bed-Stuy. Of course we'll need a substantially larger government to administer the new Norfolk tax code.
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I was thinking Marcus Buggs would be a fine addition.
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The Senior Bowl practice sessions are underway. Two leading pass rush candidates showed up with short arms; Courtney Upshaw's arm length is 31.0 inches. Melvin Ingram's is also 31 inches. It is well recognized that scouts and coaches like to see longer arms on their pass rushers which helps them disengage from o-line blockers. For comparison, guards Osemeli and Glen both had arm lengths of over 35 inches.
Will the length of Upshaw and Ingram cause these players to fall from their lofty positions on many mock draft estimates?
Arm length is very important for shedding those blocks, but any word on his hips? Does he swivel? Can he turn, you know, and really sink his hips, or are they too tight? How about the feet? Does he have the good feet? On a scale of low to high, how would you describe his motor?
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Thomas issued more of a statement in responding to Roberto Luongo's perceived snub than he did for turning down his invite to the White House.
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Is he the new sheriff in town?
He sure is. Tough as nails with a heart of gold. Word is he has a very positive attitude about those pesky retroviruses.
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Bah Bah Bah. Again, do you think Alaska should just give it's oil away? To BP no less? In your piss poor example[natural resources vs infrastructure, military, etc, etc] all those things WERE paid for by taxes. There may not be a user fee, but taxs paid for them.
I'm pretty sure lybob just gave you permission to excavate his yard in search of fossil fuels, precious metals, minerals, etc. free of charge or permission. I would stop asking questions and start planting some charges.
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I can oblige your request for persons of media moment. Let's see, there is Nancy Kerrigan, Dudley Manlove, Rutanya Alda, Paula Jones, Hardy Amies, and Carrot Top.
That is no doubt an on-point response to your question.
You Tube Video: youtube.com/watch?v=gx-NLPH8JeM
The guy second from the right is also someone of consequential media moment.
And then:
youtube.com/watch?l=yfs-KGPDCVXsMdB
And before this becomes too convoluted, ieatcrayonz took this off-topic.
No, no, no, no and NO. I clearly said people that I consider to be of marginal media moment as defined by me, NOT YOU. Are you at all capable of responding within the stiflingly limited yet extremely vague parameters I have provided? Can you not follow seemingly simple yet ridiculous instructions? Don't you know that it is your solemn duty to answer the questions posed to you, in the form that they've been extended to you, minding all qualifications, else you are guilty of maliciously leading the thread off topic? Can you not comprehend that this thread is only to flow from this very post ignoring all prior posts?
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The study concluded that women might report less pain if they "listened better."
Fascinating.
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It's never a bad time to highlight the ills of drinking and driving. Its relevance spans any and all post topics, subject matter notwithstanding.
Really? Can you provide me one person who I might consider to be marginally of media moment who may not entirely agree to that point? And please provide a youtube video.
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"Cougars" is unacceptable.
But "The Fighting Mexicans" is okay?????????
They took the Notre Dame logo and just put a sombrero on it. Pretty lazy work if you ask me, but at least it doesn't offend anyone.
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Keep singing Happy Days Are Here Again and maybe you'll believe it
Thats the way it goes. For now Obama's various jobs initiatives will be credited for the decreasing rate of unemployment, even though its more a product of a shrinking workforce as demoralized job seekers give up. Should Obama see a second term and should the economy sustain a meaningful recovery in that term, its quite likely that the unemployment rate will actually increase, as a wave of workers return to the workforce. I'm sure Obama's critics will jump at the chance to paint that statistic as proof that his policies have failed.
For now, praise and adulation while the data indicates failure, and down the line, look for scathing criticism when the data points to a real recovery in employment.
Would ya?
in Politics, Polls, and Pundits
Posted
How many times do I have to tell you that Ricky Martin doesn't count? Puerto Rico is not part of South America.