Lobster, Actually, the market price is more like a median value than an average of the distribution. If the stock is at $100 and one the...
nitro, That is another area where Penrose is mistaken. My wife has studied cognition and creativity in inventors and scientists (she's not...
KymerFye, Yes, long-term biological evolution certainly contributed much to intelligence. Yet a newborn creature is a remarkably blank slate....
KymerFye, Hmmmm.... an artificial fruit fly.... I suspect that one would need an Apple computer for that project.:D But you are probably...
Although I agree that we do not yet know how the brain works, we need not resort to mystical or quantum mechanical mechanisms to explain...
Both lotto picks are equally likely to win, but one of you may have a higher expected payout based on the number of people you have to share the...
Bankedout, "Creme of the crap" was no typo. Sometimes I think that the best that today's investor can do is to diversity across the...
Bankedout, What makes the economy feel like a house of cards to me is the animal spirit nature of confidence. What makes consumers confident...
Answer: they are buying over-priced real estate that will drop in value once interest rates go up or credit tightens on fears of increasing...
harrytrader, That's a very nice explanation of a central bank system based on fiat money. I have a few comments that I'd like to throw into...
When I saw the thread's title I thought somebody was touting HO on some pump-n-dump scheme. I was already to buy or short a few thousand shares...
1. Snide comment: MSFT will gladly absorb every CPU cycle and byte of memory that you throw at them. Do computers of today really feel that much...
One more point that speaks to the hongshu's example of Gates not having to worry about the price of MSFT. Sometimes the debt instruments used...
I wonder if ET (= Baron) could someday create a running indicator of trader's sentiments? I'm envisioning a running poll in which each ET member...
EBAY is a great example of a stock owned by people who like the company and could not care less about traditional approaches to stock valuation....
Being in the middle of such a challenge, I cannot tell you exactly how it will turn out. But, I can share some interim observations. One...
Some would say that those that trade Mutual Funds get to trade the middle of the chart. Unfortunately, most funds have caught on to this and...
jmcgraw, That was a really fun challenge!:) And using the amazing power of hindsight I can see how I missed the two answers that I did. Now...
vladiator, Your strong evidence of reversion in random price data definitely gave me a laugh. Hmmm.... Sounds like you have found a...
Did quickie autocorrelation study of the H-L range. It suggests that: Real: 3, 5, 8, 9, 10 Random: 1, 2, 4, 6, 7 I'm least confident...
Separate names with a comma.