Quant's and Probability

I am studying financial engineering and there has been one topic that has been bothering me; Probability. Here is a question I found at the quant forum. > If a family has two children and there is a boy in the family, what is the probability that there is a girl? What's the answer? 2/3. Or how...

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Six Quick Book Reviews

I was going to write an individual post reviewing in depth each of the six books listed below. But since I'm a bad citizen and have given in to the fact that I will never find enough time to do so, I'm going to give a quick review for each of them here. So in the order I've read them... **The Real...

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Forums Down Until Spam Problem is Fixed

I've been trying to stay on top of the spam problem with the forums, but the spammers are fighting harder and harder every day. I delete 25 spam posts and 50 more spring up right away. The last 500 or so posts have come from spammers. And I understand why there haven't been many legit posts lately;...

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An Odd Thing To Read About Regarding Funds

I receive the Swiss Stocks magazine and something in Stocks caught my attention. An author said that the funds are going to be the problem spot once the market retraces. I did not quite understand his thinking so I kept reading. The essence of the problem is that funds are buying stocks and driving...

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In Defense of Bush's Tax Cuts

I was listening to Bernake, and then Mr Sanders started the typical leftist propaganda. The Democrats are idiots who are going to self-destruct in about four years. My political leanings are center right liberal libertarian. The tax cuts that Bush made have raised the hackles of Democrats....

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Short Seller Whining

I'm at an interesting position in my Crystallex (AMEX:KRY) trading. I'm thinking of making a $3 to $3.50 trade on the stock. I still own a core position, which is sitting tight until permit time. Okay, I've setup the trade. Bought 1500 shares at $3.02 with a tight stop at $2.96. With a target of...

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Some Interesting Details

Some people look at PE ratios, cash flows, and so on. I try to find the small details, small things that have big ramifications (1,2,3). Today many of the leaders that the West dislikes met in a single place. The fact that most of the South American leaders were in Ecuador was not a surprise. What...

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Why Are You Paying More?

I was reading Jason's posting and forum entry was thinking... > "Yeah, commissions stink. With the E\Trade account, my net loss was ($629). I paid $441 in commissions. > > I have thought numerous times about moving to another broker for commissions, but I’m really happy with how E\Trade has treated...

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Diversification or Delta Neutral?

Kimber wrote an interesting post regarding diversification. BTW Kimber, no idea where you got the idea that women can't trade. It has me thinking, do you diversify or do you become delta neutral? For those wondering, delta is one of the Greek letters in option trading, and it implies risk...

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iPhone Part 2

The iPhone is stirred up controversy and there are people on both sides of the fence. The iPhone nags at me as being a lesson in how you can fool people by marketing. Now I found the reason why I had this nagging doubt. Nokia is about to launch the N95 which would be an iPod competitor. Let me line...

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