I think I figured it out. Volatilty is expressed as 1 standard deviation from the mean. Mean monthly return of 2% with a 4% volatility means that...
Stupid newbie question. X% volatility of annual returns, monthly returns or daily returns, what does that mean in plain English? Example, we make...
You mean Renaissance Medallion Fund, not Meridian Fund.
Well, in the case of Skalpz, he's got it all. He's a gentleman, a scholar and a rich SOB to boot. I'm just hoping by saying nice things about him,...
Do my eyes deceive me? Is this a cruel trick? Did I see Skaplz come back and grace us with his presence? I'll have to search to read his every...
I can tell you that Skalpz is 100% for real. It was a rare opportunity to have him here amongst us mere mortals. The amount of money he could earn...
Still short. I don't like to brag. :)
I am bearish. With that said, and at the time of the call, the S&P was only 1.5% away from the 1300 mark. The mathematical volatility of the S&P...
Couldn't have done a better job. Markets will suffer without him at the helm. This is a major event for world markets yet to be felt.
What has your research told you?
By the way, I understand what you mean about vicious pullbacks in the midst of raging bull markets. The reason for that is as you pointed out, a...
I can't recall the S&P down more than 23 points in one day in October. But again, i'm not perfect, maybe it happened. But it hasn't happened often...
'This (The Nikkei) has nothing to do with our markets. In fact, if anything it's bearish if people are moving their money into the Asian equity...
I don't think that you are referring to me as the one posting 'sky is falling' posts. If you look at my posting history, I've never made any...
LOL, ok tough guy. You'd be shocked that's all i have to say. Yea, I'll admit, big move in Nikkei. S&P futures up 3+??? Think about it.
Well, I guess that's what makes a market. However, I will say that you are way off on your read of me. I control a 9-figure account (without...
Well, I'm glad you are having a good time, I am too :). Try not to necessarily throw out the baby with the bathwater. I know it is easy to get...
By the way, I would say that my intuition with the original post was 100% accurate. The S&P only fell 23 points a day later.
Are you making fun of me Maverick?
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