Disqus - Latest Comments for IRON100

Re: Casey DeSantis Welcomes Sylvester Stallone, Wife to the ‘Free State of Florida’ as They Leave California

IRON100 — Sat, 24 Feb 2024 19:04:40 -0000

I realize that sir. What I want you to realize is that "Rocky" is a leftist, like about 40-45% of Florida is. When DeSantis leaves, that state likely turns purple in a big way, just like Virginia did a few years back. Thank clearly and don't just be a fanboy. :)

Re: Casey DeSantis Welcomes Sylvester Stallone, Wife to the ‘Free State of Florida’ as They Leave California

IRON100 — Sat, 24 Feb 2024 19:02:50 -0000

Anyone who has to have a think tank to determine what to do about Ukraine is deranged in my opinion. He scares me almost as much as Nikki Haley, not because he is a WEF'er, but because he really doesn't think clearly or acutely. He is worried about his image and not about the real problems this country has.

Re: Casey DeSantis Welcomes Sylvester Stallone, Wife to the ‘Free State of Florida’ as They Leave California

IRON100 — Sat, 24 Feb 2024 14:52:55 -0000

DeSantis might just have pulled another boner move. Stallone is a gun control advocate and basically a leftist. Making Florida purple will be easy again once DeSantis leaves office. The old wolves will reassert themselves again.

Re: Movies about Freedom of Speech everyone must watch

IRON100 — Sun, 21 May 2023 12:42:18 -0000

You have probably left out the most significant movie about free speech ever made. This one. The Lives of Others. https://www.imdb.com/title/...

Re: Nolte: Critically Acclaimed, Man-Hating Horror Film ‘Men’ Humiliated at Box Office

IRON100 — Tue, 24 May 2022 08:26:05 -0000

How about cleaning the language up in this article. Sounds like we have hormonal teenagers pretending to be journalists at the moment. Raise the quality of grammar and dump the puerile anger, OK? I realize that polished journalism may be dead, but don't provide further evidence of it in your writing.

Re: Robinhood Launches – Free Commissions are Dumb…Long Live Free Commissions …

IRON100 — Sun, 21 Dec 2014 16:14:34 -0000

I need to take a look at RobinHood. I have been too busy building automated trading models lately.

Re: Pick Kari's Emmy Dress: The Final Two!

IRON100 — Sat, 16 Aug 2014 05:33:37 -0000

I think a do-over is a good idea (too bad I missed the earlier rounds). The blue one makes her look like an old lady and the gold one looks like it was pieced together with duct tape. Hate to be honest, but I will be in this case :).

Re: This Painstaking Recreation of Star Trek Redefines “Obsession”

IRON100 — Sat, 14 Jun 2014 04:45:37 -0000

I must be alone in this, but what an exercise in total selfishness and
self-absorption. Paramount is already working on a reproduction of the
original series, and all this guy can do is throw money away on a
project that satisfies some puerile fantasy. That money could go to
charity or some other noble thing, but instead, it goes to a cheap form
of infantile plagiarism. I really do not get that. I understand hobbies,
but I assume he likes to line the pockets of those who will be glad to
take his money from Mr. Mignogna. What an absolute waste.

Re: Upstate woman warns about little-known SC law | Greenville News - WYFF Home

IRON100 — Tue, 28 May 2013 17:33:05 -0000

"Upstate woman warns about little-known SC law" was the teaser on a video about a woman who bought a used boat and had to pay back taxes on it. How could anyone who has ever bought real property in any state (not just SC) not know that all liens (even to the government in taxes) have to be paid before real property can be transferred into ownership for the buyer? Anyone who does not understand that (including WYFF reporters who think it is "little known") are likely too stupid to breathe. Why are there property auctions all over the place? The reason for it is that debts have to be paid, including taxes. If I were the program director at WYFF, I would fire the reporter who thought that was "little known". This is one of several reasons why I no longer watch local news. It is an insult to an average person's intelligence.

Re: Connecting the Volatillity Dots…Art over Science?

IRON100 — Sun, 17 Mar 2013 19:45:40 -0000

I will do a blog post soon. It has to do with overoptimization of trading models that use either momentum or breakout techniques. Most people overoptimize without understanding how that "solution" operates in such a narrow field of parameters. When the most minor things change, your model falls off the cliff. There are ways, though, with computers, to put on some 3D-glasses to see the playing field. That is what I will discuss. It has changed the way I trade forex (and may likely do the same for stocks at some point if liquidity ever returns to them).

Re: Connecting the Volatillity Dots…Art over Science?

IRON100 — Sun, 17 Mar 2013 10:54:35 -0000

It is both art and science, but math can define an acceptable answer. Volatility can be managed and even damped, particularly in futures and in forex. When I get time, I will post my own proof of it. More soon.

Re: George Hamilton as Howard Lindzon on CNBC

IRON100 — Fri, 22 Feb 2013 08:08:51 -0000

I think we will see playing fields disrupted in 3 to 5 year periods, let alone 10 years. I think AAPL has the most to lose without innovation and leadership, GOOG in the next 2-3 the most to gain as long as their long term strategies (and long term IS 2-3 years given the pace of innovation) remain intact and even fluid, and AMZN will be the benefactor from either as long as Bezos runs his shop. Bezos is a tireless adapter to market situations and has learned the capital game in the last 10 years to make the next 2 to 3 years possible. Oh, and trillion dollar companies? Inflation will take care of that. We might have 4 or 5 of them by the end of this decade (which is 7 years, or two "generations" away).

Re: Last Word on Breadth | Derek Hernquist

IRON100 — Sat, 13 Oct 2012 11:36:50 -0000

The thing that IS magical is that your method of analysis is consistent, backed by statistics, and applied in such a manner that it matches whatever trade plan or portfolio strategy you use. I have found over the last six months (and that is what it has taken though originally I thought it would only take about six weeks), the trading models that I have built needed verification that the analysis that the models were based on were also statistically. There is ample history now to formulate good analytical methodology. What the trader or investor must do now is the mold the analysis into a consistent framework and test for the results. So far, it is working for me, and I think it can work for anyone who decides to do it. Good article.

Re: What To Do When You Lose Everything

IRON100 — Fri, 27 Jul 2012 14:17:46 -0000

You may have lost your honey; you may be filled with strife; you may have lost your money, but you still hang onto life. You kept the right thing....

Re: Why Mitt Probably Wins

IRON100 — Sat, 09 Jun 2012 10:19:53 -0000

http://www.thereformedbroke... If Zulauf is right (and I think a certain permutation of his bearish views are going to play out), it does not matter who wins the Presidential election next year. That President will likely be the most hated President in American history because of the drastic things that President will have to do, absent a responsible Congress of any mix, to repair what I think is going to be a major fiscal calamity (and not just in our governmental debt, but the entire landscape of domestic and world economics). The party in power in November may likely cease to exist by 2016, because, as surveys have shown, Americans have lost trust in both major parties, and want other options. That party in power will have to make decisions it does not want to make (including tax increases and forced limitations on financial markets) which will anger large segments of the population. A Democratic Party defeat might actually be their saving grace, but I would imagine if they were to regain power in 2016, we would probably see the demise of that political entity as well. I think it is 1932 on steroids right now, in many respects. The world is going to get much more interesting as we approach 2020.

Re: Pimco Total Return ETF is Crushing the Mothership! | The Reformed Broker

IRON100 — Tue, 15 May 2012 07:07:21 -0000

Taken to the extreme, the ultimate question becomes, as mutual funds begin to die off (as many are, along with hedge funds) at what point will all that money which went to those funds end up making the ETFs the bulkhead of "diversified" retail investors and that performance advantage disappear? One of the consequences of disintermediation is that, when gatekeepers disappear, costs drop and performance increases( at least in theory). When rats jump from one sinking ship, will the ultimate next sinking ship be the ETF? Seems to me the only thing that would save domestic ETFs from the same fate as mutual funds would be foreign stock exchange ETFs and products. At some point, however, the magic of the "high conviction" ETFs will disappear simply from sheer size. In that context, fund performance is a function of funds flow momentum. The bigger it gets, the harder it will be for the fund to outperform.

Re: Full Albums on YouTube Are Ridiculous

IRON100 — Sun, 29 Apr 2012 10:00:05 -0000

http://www.youtube.com/watc... Pink Floyd The Wall

Re: Full Albums on YouTube Are Ridiculous

IRON100 — Sun, 29 Apr 2012 09:41:29 -0000

Finding rare singles is even more fun. If you have a good memory like I do, you simply need to find the title and it is either in Grooveshark or YouTube. It is amazing how granular content can be these days.

Re: Tales from Lindzonpalooza | The Reformed Broker

IRON100 — Sat, 14 Apr 2012 18:57:28 -0000

Enjoyed the one I went to three years ago. Looks like the quality has only improved since. Who knows, maybe I will show up again to another one. Thanks for the summary.

Re: Coal, Just For Stockings Right Now | UpsideTrader

IRON100 — Sat, 03 Mar 2012 09:39:35 -0000

As I mentioned last week, despite that one day of activity (likely instituational cherry picking), coal is probably a dead or underperforming sector. The nets recognized the lack of pure momentum. Great post Joe!

Re: Reader Poll: Who was the Most Economically Free President of the 1800s?

IRON100 — Fri, 17 Feb 2012 17:30:17 -0000

It can be hard to determine which one was the freest from an economic perspective, but certainly the most power-hungry for central control was Abraham Lincoln, who was truly a Whig at heart, worshiped at the altar of Henry Clay, and wanted to be essentially a mercantilist. Say what you want about slavery, he could have ended it with remunerated emancipation and truly not enforced fugitive slave laws. Instead he chose to punish the Southern states, selectively enforce slave laws,destroy 40% of the nation's economy, and kill 600,000+ Americans, all so he could enforce egregious tariffs and build a railroad (which subsequently went bankrupt). His and subsequent leaders policies of pillaging landowners and selective enforcement of law under Reconstruction destroyed Federalism, poisoned race relations to this very day, and began the ascension of a radically overpowering central government that is now about to snuff out our private sector. We have moved, since 1861, from a mercantilist President who trampled Constitutional rights to the current neo-fascist President who only cares that he punishes the private sector, confiscates large portions of industry for government control, destroys and steals personal wealth and freedom, and bankrupts the future of young American citizens.

Re: http://www.robertsinn.com/2012/02/11/sage-weekly-letter-14/

IRON100 — Sat, 11 Feb 2012 14:18:06 -0000

I still think there are structural problems with U.S. debt and with the boomer generation that will put handcuffs on large gains in stocks over at least the rest of this decade. I will always trade at the margin, but will be incredibly selective in owning individual names for long periods (and I own some currently that I have held for 25 years, so I am not a total equity-phobe).

With regard to The Standard article. Europe should have it diversity, but until it has unity on one issue,the one regarding rock-solid fiscal responsibility, all other discussion is, as Colonel Potter in the old M.A.S.H. TV show used to say "horse hockey". We are nowhere near unity on that issue.

Good article.

Re: Triple net returns and the importance of taxes | Abnormal Returns

IRON100 — Thu, 29 Dec 2011 07:57:36 -0000

I think most investors do understand the drag, which is why the mutual fund industry has suffered so badly over the last three years with hundreds of billions of dollars in redemptions. Hedge funds have also seen the pain as barely single digit percentages of them have outperformed the major indices. If you are paying a fund manager 2% to LOSE 2% or more, one can see that one is DOUBLING one's losses by paying the manager. If there is multiple expansion in 2012, perhaps there could be an influx of funds, but I believe serious retail investors will go the exchange traded funds route as opposed to the mutual fund route. Most people now see that the so-called "managed money" has no real edge in broad time frames. That part of disintermediation (the elimination of do-nothing highly-paid largely brain-dead gatekeepers) is over. What investors must do now is to conquer emotion and have a plan that extends beyond the next week. Once that is done, then perhaps if our politicians will stop screwing around with the economy for re-election purposes, we will have a saner more patient investment community and better liquidity going forward.

I know that is asking too much, but one can at least hope that happens. If not, it will be very difficult to invest for the future. Let us hope saner, ethical, free-market oriented leaders take hold so that world equity and fixed income markets can function again.

Re: Institutional Journalism and the Race to Zero

IRON100 — Sat, 17 Dec 2011 15:15:14 -0000

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Re: Institutional Journalism and the Race to Zero

IRON100 — Sat, 17 Dec 2011 10:52:14 -0000

What I care about most is factual presentation that backs an opinion. That is largely what is lacking in "new" media (podcasts, talk radio, blogs) and social media (Twitter, Stocktwits, Facebook, et. al.). I follow people with opinions diametrically opposed to my own because I want to learn from their perspectives. I get unfollowed and followed probably as much or more than anyone, but that is reality. Opinion that counts, in many cases, is best expressed now in real time via social media. It is up to all of us to report factually, accept the rebuffs of followers, and keep the conversation open. If we do not, there are elitist politicos and power hungry types who will strive to shut us down or shut us up. We cannot allow that to happen.

Good post, Phil! Happy Holidays.