Right, so there is obvious positive mean. My guess is that it's going to be about 3-4 basis points on average with a significant negative skew...
Could you go back 10 years? :) in fairness, all of these studies assume a perfect MOO and MOC fill and, as I said before, once you start looking...
You probably would get even more "pickup" if you are only holding it over the weekend (Friday close to Monday open). This said, we are probably...
There is a good academic explanation for it, too. Most of the news and economic releases occur before the equity open, so predictably most equity...
The effect is there, but it's very thin if you test it on stocks or ETFs as opposed to an index that effectively averages the open and the close....
It really depends, a lot of times the skew would flatten in a sell-off. It's only natural, as people who are long protection are selling it and...
You do realize that there is no theta there really, it's all about forward roll?
While I mostly agree, there is an argument there. The transitional government was a bunch of thieves and I am pretty sure all property deals were...
Not to say that @dozu888 is wrong, you can become millionaire this way but it's much harder than the media says it is. A guy making 50k a year...
Oh, okay, so we are talking about different things. I thought you means 241 thousand is the total investment over the years to have a million...
yeah, I'd recon 241 is with div reinvestment. So the rate of return is ln(1mm/241)/20 which makes it roughly 6.5 percent? Nice, but not thrilling,...
Average annual returns are severely misleading since you can't eat percentages. Let's take an average Joe that's averaging into his retirement. A...
Considering that NDX only recently (2016 or so) recovered back to the peak of 2000, it' not surprising that it's been showing good growth. A...
Luck is the biggest factor. Hard work (based on hunger or work ethic) is important, but is far outweighed by luck.
You do realize that you can see money move from a wallet? So if the money was gone, it would be known
LOL - someone on BBG had a similar idea (article from 7 am this morning):...
I was listening to some lady today who said the totals (federal and state) were very down, with a lot of people owing money.
It's pretty fucked up but that's the way of the world. I am not rich (or at least I don't think of myself this way), but even my modest level of...
IQ too, since it's not a pure measure of genetic ability by any means. It starts before birth, people who are not poor get better prenatal care...
That's my sense, that the middle-middle class people in states with high local taxes are getting very seriously slammed. Gotta hit the consumption...
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