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- in today's Washington Post, A13
- Wherein the Christian Science Monitor calls me a "legal expert"
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Marriage-wise, [Lori] Gottlieb has shot herself in the foot with this piece. No one is going to marry her after reading her litany of bitterness and desperation. How could you possibly feel loved by her? And besides, even if she convinced you—somehow—that she truly loved you, everyone at your wedding would be thinking, "So, this is the loser she settled for, huh?"I'm not sure that's right; certainly Gottlieb has closed the door for herself with a large number of men, but, if Gottlieb is sincere in her new utility curve, there's a different set of men who would find the businesslike approach Gottlieb suggests attractive. Of course, the premise is questionable; this is a pessimistic woman for whom the grass is always greener on the other side, and once she finds her Mr. Good-Enough, I strongly suspect we'll be seeing a mea culpa essay in the February 2014 Atlantic about Gottlieb's divorce from him.
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Neumann and Kenny came up with a strategy to capture the value in this pattern. Consider the day on which [Jim] Cramer recommends Stock A (Wednesday in the example above) as Day 0. The authors say you should sell Stock A short when it opens on Day 1 and cover your short at the closing bell on Day 1. [...]Yeah, not including transactions costs makes a big difference. Add in $10/trade for 254 trades, and that is a $1700 loss on an investment of $10,000. And that is before one accounts for the bid-ask spread.
Following such a strategy for 127 recommendations studied between July 27, 2005, and September 9, 2005, would have produced a profit of $861.32 on an investment of $10,000. That’s an 8.6 percent gain in just six weeks, which, when annualized, comes to about 70 percent. The gain does not include transaction costs.
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Ceiling Cat axt Saitin, "Wher wuz u?" Saitin saied "Oh, hai. I'z wuz in ur earth, wawking up and down uponz it." Teh Ceiling Cat sayd "Has u seen mai servnt Job? He can has cheezburger cuz he laiks me."
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Once upon a time, there was a court jester who dabbled in logic.(Stolen from)
The jester presented the king with two boxes. Upon the first box was inscribed:
"Either this box contains an angry frog, or the box with a false inscription contains an angry frog, but not both."
On the second box was inscribed:
"Either this box contains gold and the box with a false inscription contains an angry frog, or this box contains an angry frog and the box with a true inscription contains gold."
And the jester said to the king: "One box contains an angry frog, the other box gold; and one, and only one, of the inscriptions is true."
The king opened the wrong box, and was savaged by an angry frog.
"You see," the jester said, "let us hypothesize that the first inscription is the true one. Then suppose the first box contains gold. Then the other box would have an angry frog, while the box with a true inscription would contain gold, which would make the second statement true as well. Now hypothesize that the first inscription is false, and that the first box contains gold. Then the second inscription would be -"
The king ordered the jester thrown in the dungeons.
A day later, the jester was brought before the king in chains, and shown two boxes.
"One box contains a key," said the king, "to unlock your chains; and if you find the key you are free. But the other box contains a dagger for your heart, if you fail."
And the first box was inscribed:
"Either both inscriptions are true, or both inscriptions are false."
And the second box was inscribed:
"This box contains the key."
The jester reasoned thusly: "Suppose the first inscription is true. Then the second inscription must also be true. Now suppose the first inscription is false. Then again the second inscription must be true. So the second box must contain the key, if the first inscription is true, and also if the first inscription is false. Therefore, the second box must logically contain the key."
The jester opened the second box, and found a dagger.
"How?!" cried the jester in horror, as he was dragged away. "It's logically impossible!"
"It is entirely possible," replied the king. "I merely wrote those inscriptions on two boxes, and then I put the dagger in the second one."