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$70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

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Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#231

Post by DemocracyFTW2 »

eastbound wrote: post #164
rapnie wrote: post #83

Earlier quoted context omitted.

Not just sad to watch . Would a country with a low-trust business environment be allowed to have such a huge mountain of government debt, and continue to have its currency be the world's reserve currency? A lot of sadness hinges on those considerations.

I know I’ll be downvoted but, since we’re going straight for scorched land, I prefer to voice it. I think most voters think like me “I still prefer Trump to a leftist government”: - Was there any need to be so extreme in terms of wokeness on the left? I am directly threatened by their program. Was there really any need to go for such a degree of revolution, ensuring everyone sensical would vote Trump? Could the left…

There's no "leftist" party in the USA, there's a Conservative Party called the Democrats, and there's an Ultraconservative Party that's now hellbound to become a Fascist Party called the Republican Party.

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#232

Post by thrance »

yard2010 wrote: post #180
m2f2 wrote: post #142

As a foreigner I cannot comment on this, else I will be rejected at the airport by the ICE. That's called freedom my friends.

[flagged]

What about that visiting french scientist that got detained at the border for having criticized Trump on twitter? Is that enough for you to admit your country has a problem or shall we wait until there are literal American gulags? If so, see what's going on in El Salvador.

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#235

Post by Epa095 »

slopslop wrote: post #223
eastbound wrote: post #164

Earlier quoted context omitted.

I know I’ll be downvoted but, since we’re going straight for scorched land, I prefer to voice it. I think most voters think like me “I still prefer Trump to a leftist government”: - Was there any need to be so extreme in terms of wokeness on the left? I am directly threatened by their program. Was there really any need to go for such a degree of revolution, ensuring everyone sensical would vote Trump? Could the left…

As a white male from northern europe, I learned during the most left recent years that I’m responsible for all the world’s injustices and ethnic/gender/sexual preference defines a human. I can see why so many gave a protest vote when the current system was trying to paint their existence as non-desirable. We went decades backward and this all just brought the focus back to our insignificant external factors like skin…

Damn, as another nordic male, why did nobody tell me?

I noticed that someone in America said so, but the US had been extreme, in all ways, for many years and no sane person takes the stuff coming from there as gospel.

I am not responsible for 'all the world’s injustices', and nobody had tried to make me. Maybe if I spend some time on YouTube I can find someone at an American college thinking so, or a right-wing podcast saying that people think so about me. But that is not the mainstream here.

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#236

Post by huijzer »

nramanand wrote: post #144
huijzer wrote: post #133

Earlier quoted context omitted.

> And it's bullshit that you can reliably make money of such low probability options. Even if you do, you never put $2.5 million on something with a huge probability of ending in a complete loss, these deep out of the money options are essentially lottery tickets. Nassim Taleb: "I was effectively short volatility. [...] I would have been harmed by small movements. I was set up to be harmed by small movement and gain…

Doesn't that mean he was long volatility? Taleb's point seems more to be that he saw a mispricing and traded on it one day, rather than anything profound regarding option pricing, unless I am missing something. Anyway, it has little to do with what's being said in the article.

> Doesn't that mean he was long volatility?

Now that you say it could be that he misspoke indeed.

> Taleb's point seems more to be that he saw a mispricing and traded on it one day

Okay so Taleb was literally an "option trader" as in he traded one option on one day in his life?

> Anyway, it has little to do with what's being said in the article.

How is Taleb, who is an option trader and who has written about options trading for years, not related to an article on an options trade?

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#237

Post by netsharc »

eastbound wrote: post #213
miramba wrote: post #186

Earlier quoted context omitted.

> wokeness on the left… I am directly threatened by their program. Could you please explain what that threat is exactly, and what kind of “concessions to white males” you would have in mind?

I’ll candidly assume that this is not a rhetorical question aimed at making me pass as a spoiled child, as is frequent with leftism: - AOC, known as “the squad” (!), has claimed the Congress has too many white males. President Macron said the same about the US tech sector, and he’s not even part of the extremists, so this issue permeates society. Basically everyone says white men should be fewer of them. This is a di…

Trump and meritocracy? You are insane. Oh, Hegseth the wife-(and alcohol-)abusing TV-presenter should be in charge the world's most powerful military? Brett Kavanaugh, who in the balance of probability did assault that woman, should be forced into the supreme court (even blocking the FBI investigation)? You're just going to excuse these flaws away, aren't you?

To be honest, this thread has shown what weak fragile egos some white men have. So your kind has had it easy for centuries. Yeah, probably the rhetoric that's made you "the enemy" is really dumb (hey it poisoned the mind of the richest man in the world, for one), but what do you expect, mollycoddling?

Hah, maybe the whole (white) world should have a truth-and-reconciliation committee, where men are invited to discuss their privilege, and what can be changed to make an equal world. (Actually not just white, men all over the world have had this tyranny. Then again maybe it's just the animal/biological nature that we shouldn't just suppress). But even with "committee", there'll be weak egos screaming about the tyranny against them. A bit like states wanting to hide away the civil war from their education, or not even allowing discussion about systemic racism or "critical race theory" (uh oh sorry if that triggers you, if I were mocking you I'd call you a snowflake now).

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#238

Post by lazide »

radicalbyte wrote: post #98
rapnie wrote: post #83

Earlier quoted context omitted.

Not just sad to watch . Would a country with a low-trust business environment be allowed to have such a huge mountain of government debt, and continue to have its currency be the world's reserve currency? A lot of sadness hinges on those considerations.

I'm pretty sure that the damage is done. It will take a few years, maybe even a decade, but the USD will no longer be the defacto reserve currency.

I remember when everyone said the Euro was the new reserve currency - even a Bond film used it as a plot point.

Came to nothing.

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#239

Post by lazide »

consumer451 wrote: post #225
StormChaser_5 wrote: post #165

Earlier quoted context omitted.

Not sure that's true. America's military keeps peace for trade to happen in a lot of the world... Not always successfully but it's there. That works because they have the reserve currency and can therefore print money for free. Which benefits the US greatly in all sorts of ways. But everyone else also sees some good. If that goes away its going to have impacts on everyone else as well as America. Maybe not as much of…

I agree. I would argue that Pax Americana has been pretty great for even the USA's supposed "arch enemies." My gut feeling is that everyone loved that stability, whether friend or foe, and the fact that it's now gone will mess everyone up. I am biased here, but I look forward to the next century of Pax Europa. This is the only way forward.

If you really think the US is going to just, what, retire all that military equipment you haven’t been paying attention.
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