VOL IS KING's Profile
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Entry: Dick Fuld Taking Joke Too Far
posted by VOL IS KING
Jan 07, 2009 9:59AM
any body see Honda is writing one year puts on their cars now. Buy any car and if you lose your job you can return it for 12 months.... how long until they go BK? Everyone who thinks they're about to get about to get laid off, Honda is offering free rentals! Suck it Hertz.
Entry: Dick Fuld Taking Joke Too Far
posted by VOL IS KING
Jan 07, 2009 10:01AM
or what? they'll take the car back?
Entry: Dick Fuld Taking Joke Too Far
posted by VOL IS KING
Jan 07, 2009 10:06AM
@5:
oh really, never mind then. I thought it was Honda. Hyundai should be paying people to drive their cars, anyway.
Entry: Dick Fuld Taking Joke Too Far
posted by VOL IS KING
Jan 07, 2009 10:19AM
@10:
actually it was the puts sotheby's wrote on the Fuld's art collection that made me think of it.
Entry: Dick Fuld Taking Joke Too Far
posted by VOL IS KING
Jan 07, 2009 10:20AM
@11:
actually it was the puts sotheby's wrote on the Fuld's art collection that made me think of it.
Entry: Totally Unfounded Rumor Of The Day: BofA Axing Commodities Desk
posted by VOL IS KING
Jan 07, 2009 12:17PM
@EP:
Its Merrillwide of America
Entry: Mustique Developer On Noels
posted by VOL IS KING
Jan 07, 2009 7:27PM
How the fuck do islands like this exist? Give me 100 Somalis 10 fishing boats some AK 47s and a couple rocket launchers and let the ransoming begin.
Entry: Opening Bell: 01.09.09
posted by VOL IS KING
Jan 09, 2009 8:52AM
@10:
Don't be obtuse, companies can only fire people so fast. We're still fucked. And by "we" I mean you. I love this shit.
Entry: 2009: Year Of The Hedge Funds
posted by VOL IS KING
Jan 09, 2009 9:20PM
WOW ep comes out of the freakin closet. No way to put this cat back in the bag. You've gotta wonder, why she doing all this just to be a second rate tim sykes wanna be.
Entry: 2009: Year Of The Hedge Funds
posted by VOL IS KING
Jan 09, 2009 9:24PM
funny thing is, Market Place is a terrible fucking show those guys make CNBC look like a brain trust, I can't imaginge, even with ep's limited acumen she could tolerate listening to it for more than a minutes or so.
Entry: 2009: Year Of The Hedge Funds
posted by VOL IS KING
Jan 10, 2009 3:37AM
31:
Maybe my ramblings only seem incoherent because you lack the faculties comprehend them. I have no particular anti-fascination with her, its just that her ideas are mostly intellectually bankrupt. The people whom you would consider right thinking, I would mostly likely consider morons. There's a very serious flaw in libertarian philosophy which relates to the short comings of human perceptions and knowledge. Because, of these limitation rational behavior is impossible to define and impossible to achieve. And with the removal of that thread, the free market mantra unravels. Most policies of economic liberals I do not agree with perse. I'm all for markets, all for capitalism. But lets understand the properties of the system we're dealing with here before we pronounce it as the solution to problems it cannot possibly address.
Entry: 2009: Year Of The Hedge Funds
posted by VOL IS KING
Jan 10, 2009 4:00AM
@32 SEG:
Where, to begin. If you're up for a game of chess let me know. i'm always down to ride, as the kids say.
"She is human and real and does not need to be stalked."
1) I have no respect for humans.
2) If she didn't want her identity revealed she shouldn't be posting on blogs, and definitely shouldn't be giving radio interviews.
I have no interest in discovering her identity for my own consumption only in its revelation to the world at large. Chalk it up to a general contempt for humanity and not being a particularly nice person on my part. Besides that I definitely don't give a fuck who she is.
Entry: 2009: Year Of The Hedge Funds
posted by VOL IS KING
Jan 10, 2009 7:14AM
@SEG:
You're right. I don't understand. I'm not close enough to anyone to really be upset if they died. You're trying to evoke emotions which, I simply do not have. I don't know what to tell you. I'm might have considered joining the armed forces myself, but all of my experience in life tells me I would end up getting intentionally shot by one of my fellow servicemen. I wouldn't mind living in a cave in afghanistan the fuck away from everyone else, though.
You did however succeed in making me feel bad about wanting to reveal ep's identity just for spite.
Entry: 2009: Year Of The Hedge Funds
posted by VOL IS KING
Jan 11, 2009 9:10PM
@41:
I started reading this blog the day Elizabeth Spiers started writing it. I get my news from dealbreaker, mostly from bess. The other problem is EP's routine became thread bare years ago. Lastly she's not nearly as smart as she thinks she is. If I detected a flicker of original thought in that skull of hers, I would probably let everything else slide.
Entry: Write-Offs: 01.09.09
posted by VOL IS KING
Jan 11, 2009 9:20PM
I want to bet on the cardinals to win the super bowl, can one of you gamblers anonymous members tell me how one does such things?
Entry: 2009: Year Of The Hedge Funds
posted by VOL IS KING
Jan 11, 2009 10:15PM
@48:
You see this is why I hate people. Life should not be an endless attempt to manage the perceptions and expectations of others.
Entry: Write-Offs: 01.09.09
posted by VOL IS KING
Jan 11, 2009 10:43PM
@31:
Really, with Rubin, Geithner and Volcker running economic policy and Summers as shadow Fed Chairman, not mention the fact that Wall Street is paying for the inauguration and Obama hails from the derivatives capital of the universe. I think reactionary 60 minutes pieces disusing things they can't possibly understand will have little to no effect.
Besides this is probably just Sumner Redstone trying to get back at his broker for that margin call.
Entry: Is Anyone Else Getting Tired Of Watching Taleb's Lips Moving All The Time?
posted by VOL IS KING
Apr 15, 2009 1:09PM
Ugh, Equity Private, are you really this stupid?
Taleb has been saying the WHOLE STOCK MARKET is a ponzi scheme since before the crisis started. You're correct, his whole point is any transaction that relies on someone else buying an asset from you at a later date for you to cash out has a ponzi scheme like characteristic. The problem is it relies on your ability to make inferences about the future which is why Taleb harps on the normal distribution , because that's the tool people use to make those inferences.
Its like you're stuck on stupid or something, just because people know the distribution is inadequate, it clearly hasn't stopped them from blowing themselves up. The issue, is in the structure of the trades themselves.
Yes any finance phd know the things Taleb points out, but the problem is that the model error is the most important thing about the model not a foot note that you occasionally recall from the first month of your stats class.
I've read the Black Swan and Fooled by Randomness maybe 20 times now, and the more I read it, the more insightful I realize it is.
Ok, just checking in, keep up the good work.
Entry: Opening Bell: 01.07.09
posted by VOL IS KING
Jan 07, 2009 8:32AM
ken griffin mess with the best die like the rest. you belong to the VOL now.