<t>appropriate for the dayWell I woke up Sunday morningWith no way to hold my head, that didn't hurtAnd the beer I had for breakfast wasn't bad,So I had one more for dessert.Then I fumbled in my closet through my clothesAnd found my cleanest dirty shirt.Then I washed my face and combed my hairAnd st...

<t>appropriate for the dayWell I woke up Sunday morningWith no way to hold my head, that didn't hurtAnd the beer I had for breakfast wasn't bad,So I had one more for dessert.Then I fumbled in my closet through my clothesAnd found my cleanest dirty shirt.Then I washed my face and combed my hairAnd st...

<t> Monday July 21, 2003 11:15 AM tmelvin you are ridiculous. there are groups who were poor beforte the new deal and are still poor now. and groups who arrived after the new deal who are rich now. clearly there is some other mechanism at work than welfare. really? define the groups. The ethnic grou...

<t>To say that all welfare is greeted with more anger is also bullshit - I certainly am appreciative of receiving below-market education, as are most of the quants on this board. That's just a generalization from helping the least educated people. A ridiculous statement.welfare reduces incentive. la...

<t>First it is critical to realize that that is impossible to calculate the implied volatility of marriage and historical volatility will have no correlation with current or future volatility. Volatility is a stand alone instrument in this case capable of stunning rapid movements in either direction...

Just reading this gave me a hangover

<t>when evaluating warren, one should also keep in mind that he talks out of both sides of his mouth....talks of only buying the 20 best ideas over a lifetime but in practice is a huge risk arb and junk bond trader.....denigrates the use of leverage and margin of any kind, but trades berkshires port...

<t>Thanks for the laugh folks...I read the forums on a regular basis, and although my skills are much more qualitative than quant, I ve learned a lot. Most of your math skills are way beyond my poor little efforts so i rarelty contributebut the idea of a bunch of trading quants have any measure of "...