If your definition of "discounting" already included such a broad use of opportunity cost, then you got your money's worth. Apparently, I was...
If you include opportunity cost when calculating "discounted value of future net earnings," then the intrinsic value of most of the dot-coms was...
Real estate of today differs from the dot-coms of the late 90s in that the present "bubble" is based on something of intrinsic value.
That's great, Jem. Maybe I'll catch you at the beach sometime. I go there a lot, though I don't recall why at the moment.
Postal: Your suggestion is a good one for ET in general. However, it really wouldn't resolve anything here. None of the questions I have...
Still boxing with party balloons, I see. How sad.
Lefty the Clown, or facsimile thereof: I have asked several challenge questions in this thread, and you have responded to exactly none of them....
I see you still prefer insults and quantity over quality in your posts. This is always easier when you have no valid argument. That aside, I'm...
Yes, if you go in at the current market price and get out at a later one.
Please read my "point of clarification" a few posts up. Thanks.
It's not about "believing" price will go your way, but reliably calculating it. I'm not here to teach, though I hope to make a worthwhile...
Point of clarification: The need to predetermine that price will move both in the right direction and to a certain minimum extent before...
That's right. Profit depends on current vs. future price -- to go, with fortune cookie.
Bully for you. I prefer to approach trading as a business rather than a game of chance, but that's just me.
So, in other words, you trade according to a system the signals of which are not associated with whether price will move both in the right...
Your answer was a bit diffuse. The question is quite simple. Do you claim a system that gives winning signals despite its inability to...
In that case, explain how a method can add value without being able to anticipate whether price will move both in the right direction and to a...
How long before the rare "profitable" traders of this type can formalize what they are doing, automate it and become billionaires? Answer: never.
Evidently, you have learned very little so far. It is impossible to add value without predicting price.
Great quote! Several interesting points.
Separate names with a comma.