Check out The underlying law of nature. Bing or Google it. Discovered relatively recently, it is possibly the world’s most useful knowledge. One of countless reasons–its understanding and application is the most effective and efficient means to improve the performance of any process.
For ‘financial innovation’ read ‘confidence game’. Not even The Great South Sea Bubble was as cynical a manipulation of the financial system as the current ‘crisis’. Whenever money is needed for health care, education, etc the financiers all decry the cost to the public purse and bewail the lot of the taxpayer, let their own holdings go down the drain and it’s Government Bail Out Time, and not even a kiss for the poor, buggered taxpayer. And no, they don’t pay taxes, you do!
EMH is dead and so is all of this innovation that you are speaking of. We literally know nothing about markets other than the fact that information influences people and effects price. We use beta because we are afraid of looking at the market for what it is.
@MrPontiusPilate PP ??? . . . yeah , pretentious dickblower is gonna lecture us , coz he’s yankee asshole who knows it alllll . . most boring nationality on youtube
harvard professors are notorious for giving horrible snapshots of any markets. a year ago Harvard lost %30+ in their investment portfolio, plus another 40% on something else. . . . . and both were run by faculty, not some student organization thing. this guy was probably one of them.
You are a soulless cocksucker and you know it. Just kidding. No, I’ve never read his book but I watched his entire Finance series. It was actually pretty informative and entertaining.
Human beings have advanced so much. What’s to say that we cannot do it in future.
Sure we could have another 10-50 years of hardship but mankind will rise again. No one can take away, as far as I can see, the techonological gains we have made and we will build on that.
Mankind will live better in 100 years than they do now.
Check out The underlying law of nature. Bing or Google it. Discovered relatively recently, it is possibly the world’s most useful knowledge. One of countless reasons–its understanding and application is the most effective and efficient means to improve the performance of any process.
He actually has a Scottish accent so I’m afraid you are wrong.
For ‘financial innovation’ read ‘confidence game’. Not even The Great South Sea Bubble was as cynical a manipulation of the financial system as the current ‘crisis’. Whenever money is needed for health care, education, etc the financiers all decry the cost to the public purse and bewail the lot of the taxpayer, let their own holdings go down the drain and it’s Government Bail Out Time, and not even a kiss for the poor, buggered taxpayer. And no, they don’t pay taxes, you do!
EMH is dead and so is all of this innovation that you are speaking of. We literally know nothing about markets other than the fact that information influences people and effects price. We use beta because we are afraid of looking at the market for what it is.
@CorisDavis913 That’s pretty much how it is.
Finance is such a dry subject. Check out my link for a humorous take on it . . .
@ytertyu
Huh?
@MrPontiusPilate PP ??? . . . yeah , pretentious dickblower is gonna lecture us , coz he’s yankee asshole who knows it alllll . . most boring nationality on youtube
Nitro is a gay right wing twat. Or should I say he is a Log Cabin Republican?
@shovland because human ingenuity is infinite
He’s adopted, don’t listen to him. He will give you AIDS.
He’s adopted, don’t listen to him. He will give you AIDS.
He’s adopted, don’t listen to him. He will give you AIDS.
harvard professors are notorious for giving horrible snapshots of any markets. a year ago Harvard lost %30+ in their investment portfolio, plus another 40% on something else. . . . . and both were run by faculty, not some student organization thing. this guy was probably one of them.
This guy says that the Chinese may start buying copper instead of currency’s !
That says it all.
You are a soulless cocksucker and you know it. Just kidding. No, I’ve never read his book but I watched his entire Finance series. It was actually pretty informative and entertaining.
@MrPontiusPilate
Easy there friends. We’re all not souless coucksuckers k. I know you haven’t yet, but read his book then rant on Youtube.
You shouldn’t hate someone just because they are soulless. It’s too common to hate.
screw those cocksuckers who studied business and hoped to land a job with six figure salary in an investment bank
Because you can travel to other planets.
one of those movies I can watch over and over again Latest Release Movies dot-com
excellent work!
Human beings have advanced so much. What’s to say that we cannot do it in future.
Sure we could have another 10-50 years of hardship but mankind will rise again. No one can take away, as far as I can see, the techonological gains we have made and we will build on that.
Mankind will live better in 100 years than they do now.
Why does anyone think that infinite growth is possible on a finite planet?
Niall is a great intellect. I really appreciate his work. I just purchase the “Ascent of Money. ” I’m looking forware to getting started with it.