QE didn't even start until the USA was out of recession, so that is clearly nonsense. What saved a depression was providing liquidity to the...
Firstly, Hussman's model includes a technical input, what he calls 'market climate' - which has nothing to do with fundamentals. So he is a...
The difference is that value investing has a sound rationale based on economic fundamentals (cash flows, balance sheets, owning real assets on the...
The reason is that you are inexperienced and/or untalented at controlling your emotional responses to outcomes. This is a skill like any other -...
I'm sure there are many scumbags who sell drugs, who deserve to be punished. I was simply critiquing the morally blind hang em high attitude that...
After reading the article, I feel sad that many of the people involved seem to have cared mostly about their narrow perceived self-interest and...
This implies that you don't pay attention to proportionality, rehabilitation, or justice. Remember there is a cost to incarceration, both for the...
Of course they can. The dollar has a real as well as a nominal value. If the Fed's net assets can purchase 100X widgets today, and only X widgets...
Yep. The quality of supermarkets is more important than rape victims being sent to jail for reporting the crimes perpetrated against them. Good to...
Even better - why make any personal sacrifice to the security of the place that offers you safety, law and order, civilisation and prosperity. Let...
Correct. If you don't care about the fact that some poor sod is getting his teeth ripped out with pliers and balls fried by electric shocks while...
You may want to re-read my post - it was posted in March 2008. Stick to fucking your cousins, hillbilly boy. Oh, and I had to laugh at this...
No, Pabst was not Hull.
General statements like this are moronic. It depends entirely on the performance stats, which depend entirely on the market environment. The...
Sounds sensible but do you actually follow your advice in your own trading?
So why not fly to India to get the operation?
With difficult questions, always ask "what is the most legendary course of action"? Giving up clearly doesn't qualify, therefore one must fight to...
In hindsight I was a bit harsh to Bernanke. Sorry Ben, I didn't realise how stupid everyone was.
Summers is a horrendous choice. You just have to look at the predictions made by Summers vs Yellen in 2007 and 2008 (and beyond) to see that...
To make it even more accurate, use maximum likely future drawdown if it is bigger than the max historical drawdown (which is usually the case).
Separate names with a comma.