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Old 03-26-2009, 01:47 PM   #41 (permalink)
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Well seriously, I wish you luck.

You might do well to read some of the books by Nassim Nicholas Taleb.

Fooled by Randomness (from 2000 or so)
The Black Swan (from 2006, i think)

Not the only guy to dismantle rational markets recently, but I think you'll get a kick out of him.

He's a former quant, manager of hedge funds, etc.
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Old 03-26-2009, 01:59 PM   #42 (permalink)
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Location: Ventura County
Quote:
Originally Posted by tisonlyi View Post
Well seriously, I wish you luck.

You might do well to read some of the books by Nassim Nicholas Taleb.

Fooled by Randomness (from 2000 or so)
The Black Swan (from 2006, i think)

Not the only guy to dismantle rational markets recently, but I think you'll get a kick out of him.

He's a former quant, manager of hedge funds, etc.
Thanks, I can always use more bathroom literature.

Oh, I mean that in a good way, I do some of my best reading on...oh, you get the picture and I am happy to leave you with that impression.

I love TFP, we can go from market theory to French Impressionist to toilet humor in a matter of minutes.
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Old 03-26-2009, 08:11 PM   #43 (permalink)
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Location: Back in Ohio
The markets will go up, compupter models will force investment houses to buy stocks, then the next batch of people will retire and move their money someplace safer, stocks will fall, computers will force the big guys to sell, etc...

There are a few fundamental problems with the market currently that should be looked at.
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