American Politics

[QUOTE=Elvis2008;2990050]Tiny, I went to a conference of legendary investors. No one had returns like that. It makes no sense for somebody that good to stop.

Yeah, and they are all private too and not taking money from outside investors. Funny how that works. The two funds they have opened up to the public were stinkers. They are huge political donors which smells a lot like the scammer SBF was.

The problem I have with this whole Renaissance story is that they brought in math guys and came up with a formula. Investors do not work like that. The problem with the efficient market hypothesis among other things is it does not factor in emotions. Short term, the market is driven by greed and fear, and math guys are not very emotionally well tuned. These Rennaissance guys are doing something sleazy.[/QUOTE]I assure you he did it Elvis. He stalled out after that and I suspect 20 years or more later his net worth is less than $10 million. The secret was leverage. Nominally he was working for his brokerage firm, which allowed him to get around limits on margin lending. But in reality he was trading for his own account and paying commissions to the brokerage. An example, when a company was being taken over, some institutions are too lazy to do the paperwork to accept the tender offer. On the last day of the tender, when you knew with 100% certainty it would happen, shares might be trading for $19.90 when the tender price was $20. His firm would loan him $20 million or $30 million to buy shares. He submits the paperwork. His firm gets a per share commission and interest on the borrowed funds and he ends up with a good profit. That's just one example. He was often doing things that were riskier. His firm had enough confidence in him that it was willing to loan him the money

He says he stopped because a lot of his strategies didnt work so well because algorithmic trading was beating him to the punch and shaving the profits. He probably got a little lazy after he had a decent nest egg. He could have paid a programmer to implement some of his strategies, and pursued others without one. And he still does from time to time, but not as successfully as in the past. These days HFT firms pay millions to have slightly faster connections to the exchanges, and have large teams of computer scientists and PhD scientists, mathematicians and engineers. It’s hard to compete with that.

[QUOTE=EihTooms;2990113]Yes, but be careful what you wish for. Very, very careful. LOL.

I wasn't even looking for that. In fact, I left USA and moved to Thailand in order to escape all that real GF shit. It just landed in my lap and I was too weak to reject the offer and conditions. It requires much tweaking to get it back to my preferred way of life but with the mostly nice addition of a real GF.[/QUOTE]Well there's a big, beautiful world out there. Let's hope Newton gets out of his funk and starts to enjoy it more.

The full, fair, and true narrative: [URL]https://www.theguardian.com/business/2025/mar/16/trump-biden-economy[/URL]

When life gets you down cause we're trapped in this shitty disunited States of America, I watch this to make myself feel better.

This is how I remember Bangkok, a bright, sunny, highly saturated colors, a place full of joy and happy people. And hot babes dancing.

[URL]https://www.youtube.com/watch?v=mfqJyKm20Z4[/URL]

When you feel like you want to catch that bus to unalive town, that video always helps me a bit.

[QUOTE=Tiny12;2990193]I assure you he did it Elvis. He stalled out after that and I suspect 20 years or more later his net worth is less than $10 million. The secret was leverage. Nominally he was working for his brokerage firm, which allowed him to get around limits on margin lending. But in reality he was trading for his own account and paying commissions to the brokerage. An example, when a company was being taken over, some institutions are too lazy to do the paperwork to accept the tender offer. On the last day of the tender, when you knew with 100% certainty it would happen, shares might be trading for $19.90 when the tender price was $20. His firm would loan him $20 million or $30 million to buy shares. He submits the paperwork. His firm gets a per share commission and interest on the borrowed funds and he ends up with a good profit. That's just one example. He was often doing things that were riskier. His firm had enough confidence in him that it was willing to loan him the money..[/QUOTE]But Tiny, that is not advisable or open to most people. Unless you have lock solid information, one bad deal with that much leverage and you can lose everything.

[QUOTE=Tiny12;2990193]He says he stopped because a lot of his strategies didnt work so well because algorithmic trading was beating him to the punch and shaving the profits. He probably got a little lazy after he had a decent nest egg. He could have paid a programmer to implement some of his strategies, and pursued others without one. And he still does from time to time, but not as successfully as in the past. These days HFT firms pay millions to have slightly faster connections to the exchanges, and have large teams of computer scientists and PhD scientists, mathematicians and engineers. Its hard to compete with that.[/QUOTE]Sure, if you have a microsecond advantage and you can lever up big like your friend did, you can cash in huge, but the best investors do not care about saving a penny or even a tenth of a penny when buying a position. Thing is when you have a model like this it gets copied by others and then it no longer works.

But the best moves I ever made were not because of some math or science. In fact, my first mistake was being secure in the math of investing and seeing how people were allowed to lie about the numbers. Only after I corrected for what were allowed lies and not allowed lies did the math work.

The funny part is going to shareholder meetings. Yeah, supposedly, the information shared there cannot be something investors not going to the meetings can get. In reality, I got to see the attitudes of those in the companies. I met CEOs who were so stupid or crooked, I would not let them manage a Dairy Queen or lend them a dime, and on the other end, I met some guys sharp as fuck. I got to see if workers thought that shareholders should be respected or whether they were out to get every dime they could.

That is why I am so skeptical of your friend. I am not saying he did not do it. Maybe he did come up with a better mouse trap and had the leverage to make it big, but I mean when you talk about acquisitions and the like, just one lie, one regulator, one bad bolt or nut somewhere, and the whole thing comes apart.

In fact, the entire basis of this bull market is one not of math and physics but one of faith. AI is going to do something great. That is not math or science. It is religion, and that is why I am so uncomfortable with it.

Despite the Russian bots' script and images of supposedly real Americans asserting that, "These are the best two months in four years" and such silliness, and until the demonstrably Winger-leaning RealClearPolitics site rushes in another Rasmussen and Trafalgar poll to save the MAGA day, Trump is already underwater with higher Disapprovals than Approvals on all the important issues of Job Performance, The Economy, Inflation, Foreign Policy, Direction of the Country etc except one; Americans are apparently relieved to look around and discover that immigrants are no longer eating the cats and eating the dogs!

That has to be it. It can't be about Trump's fizzled promise of Mass Deportations because he is deporting far fewer illegal immigrants than Biden did and, most importantly, at a much higher cost in our tax-payer dollars than Biden did due to him using those ridiculously expensive military aircraft to do it.

Yes, illegal border crossings are down but they were already plummeting under Biden over the past year since he started imposing stricter regulations on it after the increase in immigration had served its purpose in contributing so much to recovering us from the Trump's Pandemic historic economic crash by increasing consumer spending, creating jobs and keeping Trump's Pandemic Inflation down more than it would have been otherwise:

[B]Trump announced mass expulsions, but the pace of deportation flights has been slower than Biden's.
Countries that received more deportation flights haven't seen major changes and predict that 2025 will end with fewer deportees than previous years.
March 14, 2025[/B]

[URL]https://www.nbcnews.com/news/latino/trump-announced-mass-expulsions-deportation-flights-slower-bidens-rcna195223[/URL]

[B](so-called)
President Trump Job Approval[/B]

[URL]https://www.realclearpolling.com/polls/approval/donald-trump/approval-rating[/URL]

See screenshots below:

If I was Ukrainian, I would worry a lot about senile schizophrene Trump sucking Putin in private when he hold orange balls, to organize to fuck poor weak Ukrainians. When the big fall for Tesla, will become also for F35 and military ships and submarines when can t trust anymore USA, so they have now only robbery, when Trump will make fall USA economics. USA already knew him when re electing, after he fucked constitution, capitol and police. I wish good luck to Ukraine to keep their borders and freedom, when they were already robbed Crimea by Putin. Also good luck to Greenland. Canada and UK would be welcome in EU extension, not Turkey with dictator Erdogan and should be better to get rid of Orban Hungary, then I m pretty sure, even very nationalist, but Hungarians would get rid of him.

More great news from MAGALAS.

[B]Donald Trump Sends Warning To Enemies As He Says Biden Pardons Void[/B]

[QUOTE]President Donald Trump has said that Joe Biden's 11th-hour pardons of members of Congress who investigated the January 6 attack are "void, vacant and of no further effect."

In a post on Truth Social, Trump said that the pardons issued by his predecessor are not valid because they were allegedly signed using an autopena device that replicates a person's signature.

Trump also warned members of the former January 6 House select committee that they would now be "subject to investigation at the highest level."[/QUOTE]Regardless of what anyone might feel about presidential pardons, this seems to be insane, right? Because what would prevent a future president to void Trump's pardons and throw his own minions and sycophants into the slammer after he's done? Well, not so fast.

[QUOTE] Guy Grossman, professor of global politics and international relations at the University of Pennsylvania, wrote on Bluesky: "If Trump voids Biden's pardons, then the next Democratic president can void his pardons, exposing him and his cronies to criminal charges. This only makes sense if you are dumb or have no plans ever giving up power. Trump is not dumb." [/QUOTE]If anyone doubted that Trump and his co-conspirators are cooking a coup, this is the proof.

[URL]https://www.msn.com/en-us/news/politics/donald-trump-sends-warning-to-enemies-as-he-says-biden-pardons-void/ar-AA1B3Zgw[/URL]

This is a nice little diddy. I mentioned Newsom attempted political shift in order to win the 2028 Democrat nomination. The lefties on ISG didn't get it. Apparently neither did CA voters. BEAUTIFUL! I want the party to remain bar shit "crazy" and nominate another far-left loon. What America needs is a third party to replace the Woke party.

" Failed Gov. Gavin Newsom (D-CA) recently launched a high-profile podcast and the response from voters can only be described as a backlash.

CA 120 surveyed 1,000 California voters specifically about Newsom's podcast with Turning Point USA founder Charlie Kirk. Overall, the numbers were not good for Newsom, a 2028 presidential-wannabe.

Only 24 percent of those surveyed said the podcast helped them see Newsom as more moderate, while 17 percent said it made them less likely to see him as a moderate. A majority of 59 percent said it made no difference.

Only 13 percent of those surveyed said the podcast improved their perception of Newsom, while 26 percent said it harmed their perception — that's negative 13 points on that question. A majority of 58 percent said nothing changed in their perception.

Prior to the podcast, Newsom somehow had a 52 percent favorable to 48 percent unfavorable rating with Golden State voters. After the podcast, that number dipped a net ten points to just 47 percent favorable.

His "very favorable rating" tanked from 25 percent to 18 percent.

Among liberals, the podcast dropped Newsom's favorability rating from 46 to 30 percent — a 16-point collapse.

Only one in five of those who heard Newsom's podcast said they wanted to tune into future episodes.

This polling does not take into account the reaction to Newsom hosting former White House advisor Steve Bannon, which resulted in an even bigger backlash among such high-profile Democrats as Oscar winner Jane Fonda.

Like the national Democrat Party and the legacy media, Newsom has painted himself into a corner where the only way to survive is through fealty to the 20 percent of hard leftists that make up the left's base of activist and financial support.

Democrats like Newsom and fake news outlets like CNN, NBC, the Washington Post, and the New York Times cannot survive without the support of that 20 percent, which is why they are forced to take the 20-percent side on common sense issues where 80 percent of the public agree: border enforcement, flying gang members out of the country, expelling foreign radicals who paralyze universities, removing men from women's sports and private spaces, cheap energy, law and order, etc.

Newsom cannot "moderate" without killing his chances of winning the 2028 Democrat presidential primary. In the same way, CNN and the Washington Post cannot moderate without their customer base dropping to zero.

With all their lies and lunacy in support of things like open borders and this transsexual nonsense, Newsom, Democrats, and the corporate media have alienated all the Normal People, probably forever. So that 20 percent is all they've got.

Democrats are trapped and cornered, and it is glorious. ".

President Biden's IRA legacy in renewables, sees solar smashing US records, with 50 GW of new capacity added to the grid, in one year (2024). The most in the last 20 years, in U.S. history.

According to Solar Energy Industries Association (SEIA) and Wood Mackenzie, solar and storage, account for 84% of all new electric generating capacity added to the grid last year.

Meanwhile, over at CERAweek, the "drill baby drill" fossil fuel choirboys, continue to sing the "praises" of fossil fuels and continue to march the U.S. two-steps backwards and one forward, with the misinformation and attitude surrounding renewables. As the American Fuhrer's energy secretary, Chris Wright, falsely rants on about natural gas and downplays the impact solar is having in the U.S., in light of record solar capacity.

[QUOTE]Chris Wright (at CERAweek) -- "there is simply no physical way that wind, solar and batteries could replace the myriad uses of natural gas."[/QUOTE]

[b]Solar smashes US records with 50 GW added in one year, as Trumps energy secretary gushes about gas[/b] [url]https://reneweconomy.com.au/solar-smashes-us-records-with-50-gw-added-in-one-year-as-trumps-energy-secretary-gushes-about-gas/[/url]

Obviously, the dude, just hasn't been paying attention to China's impressive buildouts of solar, wind, batteries (S+W+B) and pumped hydro, at a staggering pace, [b]the equivalent of five (5) nuclear reactors a week.[/b] Or Britain and South Australia, who've both reduced their energy mix to zero (0%) coal and just 25% natural gas.

Less than 5% natural gas, will happen in the next few years, for these places, as S+W+B and other renewable take their place. But not in the U.S., as the MAGA Fuhrer, rips out revenue earning charging stations and "drills baby drill".

Let see him rip out 50 GW of solar!

I m really happy Mercedes keep on for V8 and even V12 engines, real engines for real cars and Ok for Euro 7 . Keep your Teslas in USA, when Europeans feel shame about Musk behavior.

[QUOTE=Xpartan;2990442]More great news from MAGALAS.

Regardless of what anyone might feel about presidential pardons, this seems to be insane, right? Because what would prevent a future president to void Trump's pardons and throw his own minions and sycophants into the slammer after he's done? Well, not so fast.

If anyone doubted that Trump and his co-conspirators are cooking a coup, this is the proof.
[/QUOTE]Yes, if Republicans do anything in court, it is a coup. LOL. If the Trump DOJ goes after the individuals criminally, there is a lot that has to be determined. First off is a pre-empitive pardon even legal. I think that is bullshit. It is carte blanche for any administration to commit a crime.

Second, the DOJ investigated and indicted Trump for having classified documents in his possession, which looks stupider than ever now, but did not prosecute Biden for the same charge. All the bullshit excuses not withstanding, they literally are alleged to have broken the same law.

The reason given for prosecuting Trump and not prosecuting Biden was the DOJ determined that Biden was not mentally competent to stand trial. So if you are not mentally competent to stand trial, how can you be handing out pardons? So there will be a fight over Biden's competence if there is a case, and I predict the Democrat side will lose.

But this is just you in the cult Xpartan. Shit, your candidate is run out as being the candidate because of mental incompetent, and you are so full of shit, you think these machine signatures from Biden are okay without any trial or knowledge of Biden's competence? Shit, Xpartan, you do not just drink the fucking Kool Aid. You bathe in it. You have no fucking clue as to the competence of Biden in those last few days in office but you swear that you do. That is not factually certain, Xpartan. That is literal delusion masking as fact in your brain.

[QUOTE=Spidy;2990500]President Biden's IRA legacy in renewables, sees solar smashing US records, with 50 GW of new capacity added to the grid, in one year (2024). The most in the last 20 years, in U.S. history.

According to Solar Energy Industries Association (SEIA) and Wood Mackenzie, solar and storage, account for 84% of all new electric generating capacity added to the grid last year.

Meanwhile, over at CERAweek, the "drill baby drill" fossil fuel choirboys, continue to sing the "praises" of fossil fuels and continue to march the U.S. two-steps backwards and one forward, with the misinformation and attitude surrounding renewables. As the American Fuhrer's energy secretary, Chris Wright, falsely rants on about natural gas and downplays the impact solar is having in the U.S., in light of record solar capacity.



[b]Solar smashes US records with 50 GW added in one year, as Trumps energy secretary gushes about gas[/b] [url]https://reneweconomy.com.au/solar-smashes-us-records-with-50-gw-added-in-one-year-as-trumps-energy-secretary-gushes-about-gas/[/url]

Obviously, the dude, just hasn't been paying attention to China's impressive buildouts of solar, wind, batteries (S+W+B) and pumped hydro, at a staggering pace, [b]the equivalent of five (5) nuclear reactors a week.[/b] Or Britain and South Australia, who've both reduced their energy mix to zero (0%) coal and just 25% natural gas.

Less than 5% natural gas, will happen in the next few years, for these places, as S+W+B and other renewable take their place. But not in the U.S., as the MAGA Fuhrer, rips out revenue earning charging stations and "drills baby drill".

Let see him rip out 50 GW of solar![/QUOTE]Harry you're AWESOME!

[URL]https://www.breitbart.com/clips/2025/03/17/cnns-enten-holy-toledo-support-for-democratic-party-plunging/[/URL]

They aren't even in power and everyone HATES them.

I know what they need they need to swap out NYC Chucky with Ru Paul w / AOC for VP.

Has anyone ever seen "Idiocracy" LMFAO.

I propose Ru Paul as the nominee for the Democrats in 2028!

ROTFLMMFAO!

[QUOTE=Sirioja;2990504]I m really happy Mercedes keep on for V8 and even V12 engines, real engines for real cars and Ok for Euro 7 . Keep your Teslas in USA, when Europeans feel shame about Musk behavior.[/QUOTE]Musk is the fall guy. He is going to need a presidential pardon in the end. You watch!

[URL]https://youtube.com/shorts/zsGwdhTFaJI?si=_QyopVztrYUL2BOS[/URL]

[B]From the greatest Governor the great state of California ever had![/B]

Even with the GTC happening now, NVDA is still tanking. Well, there goes the economy. I don't ever remember a time when MSFT was this low for this long. Come on portfolio! Turn green for me! Christ on a stick!

Google? Even AAPL is tanking! Apple stock! That's supposed to be invincible *sigh* FML.