Viewing profile — fanboy123

He's also currently ranked 2nd in PER right behind LeBron James who by most metrics is the most dominant player in the NBA. PER is a metric for player efficiency adjusted for pace …

Yep. Also have counterparty risk. Just because you have a contract for a purchase and a sale doesn't guarantee that the transactions will go smoothly.

Arbitrage is technically a set of simultaneous transactions where you buy and sell at the same time. Purchasing something and reselling it later for a higher price is not arbitrage…

From Twitter: I'm going to be doing an IAMA on Reddit, Monday around 1230pmEST I don't know what IAMA or Reddit are, but I'll be doing that. awesome bunch of geeky-openness from ck…

Maybe its still hard to explain exactly because they never hit it big. I think going back in time and explaining social networking to an audience would be tougher than it sounds.

Originators underwrote the mortgages who usually sold them to banks who packaged them into bonds. Later on to streamline this process the banks bought mortgage originators (lehman …

Well, without them to pick up the slack we would have almost NO mortgages issued in this country, which some of us might think is bad. The alternative would be for rates to rise (s…

because private label mortgage issuance shut down. over 90 pct of mortgage origination are now agency. this includes all refis which rolls crap out of private label onto the govt s…

freddie and fannie started issuing "subprime" loans in the 90s, to lower income and minority borrowers with reasonable default rates. by the time the boom came around their markets…

Misleading intro to article. The expansion of credit was not due to over ambitious politicans who wanted homeownership for the poor. It was fueled by lax accounting and regulatory …

Enjoyed the post. Do programmers really not know who Peter Drucker is?

Public institutions generate revenue from patents as well. All in all not a bad system as long as the revenue flows to more research. A cut is taken along the way usually so that p…

Thank you to the poster and the author of this document. Trying to read SICP on the new kindle in PDF format was impossible!

Agreed. See quote below. The total direct and indirect cost of CVD and stroke in the United States for 2009 is estimated at $475.3 billion. This figure includes health expenditures…

They wait until late friday to make big changes to give the officaldom/industry a weekend to scramble/grab parachutes. They actually didnt release today until after the SPY stopped…

from the press release: "The political brinksmanship of recent months highlights what we see as America's governance and policymaking becoming less stable, less effective, and less…

Has always had AAA rating since the start of sovereign ratings. Look out below.

Diversification is usually a huge waste of money. It is hard for one company/culture to make money doing lots of things. Be glad they know their niche is ads and that they are doin…

Sounds like a recipe for being hungry all the time.

I don't really think its a conspiracy unless you consider advertising to the public to be very secretive and back-room. I agree mostly with what is said above but I think it is imp…

While all of that is true I think the real story is one of economics. It is VERY easy for me to eat as much swine as I feel like nowadays. If we assume that saturated fat/protein i…

I think the real answer is because it is more systematically profitable to sell carb products and (food) companies are really really good at selling things to people. It is interes…