Exactly, When Beat the Dealer was written I belive a few casino's thought it so funny that anyone could beat the "House Edge" that they advertised...
In the sense that if I go long I am predicting the market to go up yes. But in the same way I make a move in backgammon am I predicting that I...
Exactly! and of course you can make money if its Random, you don't need to to predict. And yes its basically efficient because of insiders...
Adaptive???:confused:
Its random or very near to. But not efficient. Think about it if it was efficient there would be no trade Volatility would be close to zero.
I think you have a point, I have come across many liars in my time and the common denominator in all of them was they felt better than everyone...
The problem you describe is particulary bad with random events. I switched on the light traded I lose money must be that darned light switch, now...
Most countries read everywhere expect the US tax you on a residency basis, if you live there they tax you on your worldwide income. So if you are...
This is called cognitive dissonance. Basically you only change your view when the weight of evidence becomes overwhelming. I read this one paper...
Since I am asking for references to similar reasearch, what do you think?:mad:
Can you give me a few keywords to search under?
I don't think I am getting my point across, what I am referring to too is the Human bias to belive that information has more value if somebody...
Does anyone have any research on what I call the referral paradox. The ability of people myself included to belive that information increases...
What Buffet says is exactly right its not derivatives themselves, that are the problem, its the abuse thats the problem.
I accept you have a point, but it may be that they still require something on your side to check. Hence the blanket up grade. I am just...
Just wondering if there is something sinister in this. A few years ago a german program (JAP) used for anonymous surfing on the NET forced...
Exactly I loved the bit about gravy on the rebate
I think he told me $69m. But I may be dreaming
Thanks not quite what I mean. What I would like is the ability to put a bid/offer in using the implied volatility as the parameter so as the...
My best was when they were interviewing some guy from a bank. He suddenly stops and doesn't know what to say. It was pretty obvious that he was...
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