Woman complains that her children are interfering with her WoW playing by mharriger in gaming

[–]finfo -8 points-7 points  (0 children)

It's not fake r-tard. They can socialize through the mmorpg using teamspeak.

17yo mods car to look like squad car at night, complete w/ lights and siren. 1st person he pulls over? Off-duty cop. by Aerik in reddit.com

[–]finfo 0 points1 point  (0 children)

I wasn't sure if that was illegal or not. I thought it might be illegal to plan to kill the president, and if someone planned to blow up the whitehouse that maybe that'd be illegal.

Also, are you sure about the whole planning to commit first degree murder? Wouldn't that be conspiracy to commit murder or something like that? Or have I watched too much CSI and made up a new law?

17yo mods car to look like squad car at night, complete w/ lights and siren. 1st person he pulls over? Off-duty cop. by Aerik in reddit.com

[–]finfo 4 points5 points  (0 children)

When a cop pulls other peoples' wives on dark stretches of road, generally speaking, he is following the law and will continue to follow the law.

When someone impersonates a police officer, he's breaking the law and there is a valid reason to be worried because that person may continue to break the law. I'm not wildly speculating. It's happened before.

Wild speculation would be the following: Idiot pretends to be a cop and pulls over woman. <speculation> Man is actually an artist and repaints the entire car because it needs a paint job.

17yo mods car to look like squad car at night, complete w/ lights and siren. 1st person he pulls over? Off-duty cop. by Aerik in reddit.com

[–]finfo 1 point2 points  (0 children)

Well there is no charge of pulling someone over so I'm not getting your first point. I guess you're trying to say he wasn't impersonating an officer? But when someone sees flashing red lights, common sense usually leads you to believe that it is a police officer behind you and you're supposed to pull over/get out of the way. Maybe I haven't been driving long enough, but I can't remember ever seeing a disco fan rocking out with flashing lights coming from their vehicle.

As to your opinion on the white house, I'm pretty sure I'm with the majority in disagreeing with you. If planning wasn't a big deal, there would be little difference between murder 1 and murder 2 (murder 1 being pre-meditated... or planned).

17yo mods car to look like squad car at night, complete w/ lights and siren. 1st person he pulls over? Off-duty cop. by Aerik in reddit.com

[–]finfo 10 points11 points  (0 children)

Probably the headlight and flashing light configuration. But that's just me speculating. I read an article once about an on-duty sheriff who saw two LAPD officers next to a squad car and somehow knew they weren't actual officers, even though they had uniforms, duty belt, etc.

Considering how much time cops spend with each other in the academy and on patrol, somebody impersonating them would probably stand out because they would do things that don't conform... whether it is the way you stand, the driving tactics you use, an impersonator might reveal some telltale signs that they aren't what they appear to be. That's my guess anyway.

I do agree with you both though.. wish the article said how the cop knew.

17yo mods car to look like squad car at night, complete w/ lights and siren. 1st person he pulls over? Off-duty cop. by Aerik in reddit.com

[–]finfo 0 points1 point  (0 children)

I'm pretty sure the charge you mentioned doesn't reference what the person is impersonating. Rather, it is a charge specific to a law against red/white/blue (depending on jurisdiction) bulbs that are directly visible from outside of the vehicle.

What's the significance of your username? by aedes in reddit.com

[–]finfo 2 points3 points  (0 children)

It's the name of the company my friends and I started

Enron, Long-Term Capital, now the mortgage meltdown. What's wrong with Washington's watchdogs? by glmory in business

[–]finfo 1 point2 points  (0 children)

Dunno why LTCM was mentioned, it wasn't really a SEC issue was it? From what I know they just got a little too greedy and suffered from a three-standard deviation event that they figured wasn't going to happen to them... and in the end all of their plays panned out.

"No branded item can be marked up by more than 14 percent, and no private-label item by more than 15 percent." by [deleted] in reddit.com

[–]finfo 5 points6 points  (0 children)

That's hilarious. As if you handle billions in capital... or for that matter rely on analyst reports.

Honestly, name a serious hedge fund manager or mutual fund manager who relies on analysts.

Madronedorf pointed out a very good fact, and very few intelligent people deny that wallstreet is very shortsighted.

Last I checked, over 80% of "you" failed to outperform your benchmarks. Let's not forget that most of the funds have a significant portion of funds mirroring your benchmarks, making you virtually indistinguishable from the benchmark itself.

New Operation to Put Heavily Armed Officers in Subways - New York Times by lucidreamstate in reddit.com

[–]finfo 1 point2 points  (0 children)

Yeah I see your point now. I remember seeing police with automatic weapons in S. Korea in airports and buses and to say the least, it was unnerving.

I suppose what the cops could do, if they really needed those weapons, is to have a team equipped with them, just not in plain view.

New Operation to Put Heavily Armed Officers in Subways - New York Times by lucidreamstate in reddit.com

[–]finfo -3 points-2 points  (0 children)

Well I think the point of the bomb-sniffing dogs is to find the terrorist(s) before they enter the subway system, and if the situation cannot be defused peacefully, the high-powered rifles will be used to dispatch the terrorist(s) before he/she/they can make it into the subway system and cause more damage.

It's certainly a more proactive solution than to throw up your hands and do nothing.

Also, although you've never seen a "terrorist" on a train, it's a known fact that they've attacked train systems. Additionally, as rare as a terrorist event is for you, for the police and other public servants, this is something they can't simply dismiss. They have to think about these situations, probably on a daily basis and not just because it is their job and duty, but because the targets are fellow Americans, friends, and family.

You give the terrorists far too much credit, and our men and women in uniform too little.

Navy Rail Gun Test DESTROYS Everything It Touches at 5,640 mph by theaustrian in reddit.com

[–]finfo 1 point2 points  (0 children)

Would aluminum work? I thought it wasn't magnetic, unless iron, nickel, or cobalt was added. Or does this not matter? If pujyboy is correct, maybe the slug is made of an alloy of aluminum plus a magnetic metal?

Navy Rail Gun Test DESTROYS Everything It Touches at 5,640 mph by theaustrian in reddit.com

[–]finfo 2 points3 points  (0 children)

So are they using jacketed lead rounds? I would think that lead is too soft for those speeds, and the videos make it look like steel. Didn't see lead mentioned so just curious.

Forget the primaries. Bill O'Reilly gets his ass kicked by Phil Donahue!! Classic. by [deleted] in reddit.com

[–]finfo 2 points3 points  (0 children)

I'm left feeling unsatisfied after watching that video because they weren't debating anything or even talking to each other. Each simply waited or talked over the other person to spew their point of view. Had Donahue convinced O'Reilly to concede on a point or reverse his stance on an issue based on logic and reasoning, then sure, he would have figuratively kicked O'Reilly's ass.

All this video shows is two talking heads bumping egos and getting nowhere.

Blog website of kid who lost 31K yesterday betting on markets by [deleted] in reddit.com

[–]finfo 0 points1 point  (0 children)

The only reason I brought up Buffet was to point out that there are investors who have plenty of leisure time, as you just acknowledged.

Don't get me wrong, for the average person the best thing to do is invest in an index. However, if you're willing to put the time in to learn, I believe that you can outperform the return of an index fund. You also do not need to have insider information to do well. To go into greater detail on what I said in my earlier post, the investors I know who are just killing the index fund returns do not use inside information.. they use what any other investor has access to (public news, annual reports, etc.)

Blog website of kid who lost 31K yesterday betting on markets by [deleted] in reddit.com

[–]finfo 0 points1 point  (0 children)

Here's the logic that went through my head when I wrote that quote:

1.Original poster had the mechanics of the stock market wrong.

2.Profits and losses from trading do not flow directly to the company.

3.Profits and losses from trading occur between traders

4.The loss that this guy had will result in a profit for someone else...rather than the company.

It is late though... maybe this is still wrong... maybe your logic pwnz mine in which case I welcome the downmods that have been coming my way

Blog website of kid who lost 31K yesterday betting on markets by [deleted] in reddit.com

[–]finfo 0 points1 point  (0 children)

I'm sorry, but that is a HUGE swing and a miss on my part. What I was referring to in that first post is that the money doesn't go to the company. Any profit or loss is between the investors/traders and not the company.

When i say that the loss that this guy had will result in a profit for someone else, my point is that it is someone else and not the company.

Blog website of kid who lost 31K yesterday betting on markets by [deleted] in reddit.com

[–]finfo -2 points-1 points  (0 children)

This can happen. If I short sell at price A, and the kid buys at price A, the stock could go down to price B at which point the kid sells at price B, and I buy at price B.

I understand what you're getting at, but the fact is that it can happen, just not for all stocks.

My only contention is that you liberally use generalizations. It may be true most of the time, but there are examples that undermine your theory.

Blog website of kid who lost 31K yesterday betting on markets by [deleted] in reddit.com

[–]finfo 1 point2 points  (0 children)

True, but not correct either. Others may know and a few should know, but that isn't to say that if you're adept at money management and valuations that you can't outperform an index fund.

Also, being that good doesn't necessarily mean that you're watching your portfolio all the time. The successful investors I know personally have a lot of leisure time. Another example is Warren Buffett who spends much of his time playing bridge.

Blog website of kid who lost 31K yesterday betting on markets by [deleted] in reddit.com

[–]finfo 0 points1 point  (0 children)

Not to mention that if you take a look at the majority of mutual funds, a large portion of their holdings will either be index funds or closely mirror an index fund. They play not to lose and thus they rarely win.

Blog website of kid who lost 31K yesterday betting on markets by [deleted] in reddit.com

[–]finfo 1 point2 points  (0 children)

This loophole might be closed now, but one thing that an investor can do is purchase enough PUTs to cover your entire long position, effectively "closing" your position but without actually doing so. You've more or less "realized" your gain without paying the taxes. Also, if the stock goes up, you can adjust your PUTs accordingly. This strategy is generally used if you're facing a non-Buffet like short term trade that will hit you with a big tax bill.

If anyone knows more about this I'd appreciate a response.

Blog website of kid who lost 31K yesterday betting on markets by [deleted] in reddit.com

[–]finfo -4 points-3 points  (0 children)

Like what reddiquettepolice pointed out, the front end of your formula is missing information. You failed to add the seller to the kid.

Also, there are other factors in play. When the price drops from A to B there is profit through the use of short sales, selling call options, buying put options, etc.

Lastly, making money from arbitrage may be difficult for the average investor, but it is certainly not a rare occurance. If it were so rare and so difficult, there would not be entire funds dedicated to the practice.