Dec
30
Tweets-Dec/29/2020
December 30, 2020 |
An abundance of yellow and abundance of all time highs for SP.
The woke that keeps on giving. about 50 times for at least 400 big points. whenever stimulus hopes are reduced the market plummet because not immediate gratification. Its always just a matter of time until d's ,male.
D's male a money out of r's and gain the week prize by augmenting the stimulus and making r's looks like scrooge until the r's reluctantly split the difference at first and then capitulate entirely to d's there by sanctifying that collectivism is all powerful, gov all
Powerful and wise and the individual doesn't know how to handle choice and capital at all.
Main contagion is the spread of woke among all the swamp and those who live there. r's are infected –afraid to rock the boat- upset their friends. r's keep succumbing to absurd biased views of dr. cattle. Supremes afraid of riots so don't wish to rocker's afraid of media.
Is they cover the son of the big guy and if as said they demean themselves by letting public have choice and business except on the coasts continue without draconian restrictions. phil kerpen has proper statistics on these matters.
Todays blog would have had prediction of seasonality in gold, review of NY posts tips for buying dogs and going with the sharps near the game and playing the under. all with direct correspondence to trading . also beautiful discussion of descent with modification form Princeton.
Guide to evolution and detailed discussion of Harvard trying to encourage aluminic to buy 10 venture capital pools they make up. Sure symptom of swan song of venture capital as Harvard has worst investment record of all by eschewing buying index funds and paying exorbitant.
One absurdity of Harvard fees to their employees is that they don't take into account the cost of raising capital. a normal hedge fund pays 10% fo the marketing manager who raises their money. Harvard is able to pull the wool over all the naïve profs by paying many employees.
20 times what the highest professor received. H points out that their adviser beat their bogey by x% and therefore made the endowment 20 million more than if had just bought an etf. you'd think that some prof would have the sense to point out the 100 flaws in this reasoning.
One wishes he had a fund of 50 billion under management and was paid inventive on how much a sector beats the bogey ( without regard to the misses) without regard to the funds the appeared from Heaven.
The Good one can only guess on how many fees are embedded in the 10 venture capital funds they offer to their naïve alumni . on the inside cover an ad for these funds of h magazine. you wouldn't believe things like this unless it was clear on the front cover.
Of course the below about H is just my opinion . however I would speculate that any errors I have made that paint a darker picture are counterbalanced many fold by darker items I have left out.
All attorneys should receive a course in the statistics with particular reference to what is the p probability of recording a sample of 10000 + where the percentage on one side is say 90% and another sample has a % on one side of (say 60% a knowledge of the binomial theorem and an ability to run rudimentary simulations is a good starter. the standard error of the outcome of observed from a sample of 10000 with p of 1/2 is 50 … If you observe say 5500 heads rather than the expected 5000 the chances of this occurring by chance is approx. 1 in billion.
Comments
WordPress database error: [Table './dailyspeculations_com_@002d_dailywordpress/wp_comments' is marked as crashed and last (automatic?) repair failed]
SELECT * FROM wp_comments WHERE comment_post_ID = '13137' AND comment_approved = '1' ORDER BY comment_date
Archives
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- Older Archives
Resources & Links
- The Letters Prize
- Pre-2007 Victor Niederhoffer Posts
- Vic’s NYC Junto
- Reading List
- Programming in 60 Seconds
- The Objectivist Center
- Foundation for Economic Education
- Tigerchess
- Dick Sears' G.T. Index
- Pre-2007 Daily Speculations
- Laurel & Vics' Worldly Investor Articles