http://slog.thestranger.com/slog/archives/2013/01/25/the-invisible-hand-of-god Comments On: The Invisible Hand of God by Goldy en-us Copyright 2013 The Stranger. All rights reserved. This RSS file is offered to individuals, The Stranger readers, and non-commercial organizations only. Any commercial websites wishing to use this RSS file, please contact The Stranger. webmaster@thestranger.com (The Stranger Webmaster) Wed, 19 Jun 2013 00:00:01 -0700 Wed, 19 Jun 2013 00:15:00 -0700 Foundation http://blogs.law.harvard.edu/tech/rss Posted by I have always been... east coaster]]> Fri, 25 Jan 2013 21:27:04 -0800 The Stranger Posted by watchout5]]> Fri, 25 Jan 2013 21:11:50 -0800 The Stranger Posted by Rotten666]]> Fri, 25 Jan 2013 16:50:36 -0800 The Stranger Posted by Clayton]]> Fri, 25 Jan 2013 15:40:10 -0800 The Stranger
oo, i'm rich - oh, wait i'm less rich - boo hoo hoo.

SHUT THE FUCK UP!
Posted by goawaynow]]> Fri, 25 Jan 2013 14:57:08 -0800 The Stranger Posted by giffy]]> Fri, 25 Jan 2013 13:11:57 -0800 The Stranger
"Jimm Cramer Explains How The Stock Market Is Manipulated"
http://www.youtube.com/watch?v=GOS8QgAQO…
Posted by James McDaniel]]> Fri, 25 Jan 2013 12:47:36 -0800 The Stranger
Technical trading is about as valid as consulting astrological charts
Posted by Reader01]]> Fri, 25 Jan 2013 12:28:52 -0800 The Stranger Posted by Rotten666]]> Fri, 25 Jan 2013 12:24:49 -0800 The Stranger
The billionaires get that way because their system is rigged to amass extremely large gains rapidly when they get it right. They're mostly exploiting technical loopholes in the information system -- insider trading, really. And for every billionaire there are ten cashed-out losers.

It's not random -- but it's mathematically indistinguishable from random. Hmm.
Posted by Fnarf]]> Fri, 25 Jan 2013 12:24:38 -0800 The Stranger
Goldy, you are insane if you invest in individual stocks. You could buy them as a hobby, as gambling for fun, but that isn't the same as "investing".


Posted by ohthetrees]]> Fri, 25 Jan 2013 12:22:58 -0800 The Stranger
Until we the people regain control of the above, and reform Social Security & Medicare into "keep out of poverty" programs instead of "take from the poor young and give to the rich old" ones, we're going to stay on this path. Math, unfortunately, still applies over the long haul.
Posted by Boring Dad is Boring]]> Fri, 25 Jan 2013 12:20:50 -0800 The Stranger
But yes, my wife and I don't expect to ever be able to "retire" in the classic sense.
Posted by tiktok]]> Fri, 25 Jan 2013 12:17:22 -0800 The Stranger
There are hedge funds with sophisticated, heavily researched algorithms developed by math PhDs that are executed by networks of computers that receive real-time market data at the speed of the light that have turned their masters into billionaires. Luck? Hardly.

Beating the market is all about finding and exploiting inefficiencies and anomalies, whether it's getting better information, faster information, or more information than the average guy.

Posted by seandr]]> Fri, 25 Jan 2013 12:07:42 -0800 The Stranger Posted by Fnarf]]> Fri, 25 Jan 2013 11:38:42 -0800 The Stranger Posted by Goldy]]> Fri, 25 Jan 2013 11:33:47 -0800 The Stranger Posted by hans millionaire]]> Fri, 25 Jan 2013 11:24:12 -0800 The Stranger
The point is, markets are tough to figure out, even for the experts.

The so-called "experts" -- in case you've been living in the Cave of Goldy -- are the very same ones who've been committing endless financial fraud, dood, and rigging the markets, when they aren't involved in rigged proprietary trading and HFT.

Remember John Paulson/Goldman Sachs' Abacus CDOs (and all the other ones)???

Remember Magnetar Capital? Ambac? MBIA?

Remember the reasons behind the "necessary bailout" of AIG????

Sweet jaysus on a harley, dood!

And all those Republicans fighting to push Social Security and state-backed investments like GET into the market are really just pushing Americans to gamble their future financial security.

It's called thievery, sonny, clear and simple, it ain't about any of that douchey crap you keep repeating (ya know, those USCoC and Wall St. talking points: about casinos, and gambling, etc.?).

The banksters founded ELX Futures around the time they began their restart on heavy lobbying for the theft of Social Security:

http://marketswiki.com/mwiki/ELX_Futures….

"The founding partners include Bank of America-Merrill Lynch, Breakwater, Citigroup, JP Morgan Chase,BCG Partners Inc., Deutsche Bank A.G., Barclays PLC, Credit Suisse Group, Getco, Peak6, Royal Bank of Scotland PLC.[27] and Goldman Sachs.."

It's about the value of the Social Security Fund, both it's total valuation and the fact it has all those Treasuries in it as the pols have used it to pay off the interest on the nat'l debt, etc., and those Treasuries have the same value on the banksters' books as cash, and can be used as such on their exchanges for speculation, etc.

Dood, I appreciate your efforts, but you too often simply repeat those US Chamber of Commerce talking points and it becomes really, really irritating.....
Posted by sgt_doom]]> Fri, 25 Jan 2013 10:56:25 -0800 The Stranger
Never invest more than you can lose.
Posted by Will in Seattle]]> Fri, 25 Jan 2013 10:54:36 -0800 The Stranger
That and paying off debt.

While I have owned energy sector funds and specific energy companies (stocks, bonds, and options) and been a market maker (not joking) for some, I do not recommend any at this time.

While energy is a growth area and finance and military supply is a declining area, I have no specific information that would do better than just a broad SP500 index fund. Sometimes there is too much noise in the system.
Posted by Will in Seattle]]> Fri, 25 Jan 2013 10:52:34 -0800 The Stranger
Posted by shabadoo]]> Fri, 25 Jan 2013 10:51:43 -0800 The Stranger Posted by DJSauvage]]> Fri, 25 Jan 2013 10:49:06 -0800 The Stranger markets are tough to figure out

True, although I have to say, the fact that Apple wouldn't meet expectations this quarter was about as obvious as things get on Wall Street.

The iPhone and iPad are pretty much finished products (like MS Office) with little room to add "must-have" new innovations and features. They can milk that cow for years to come, but Apple's stock price was predicated on growth, not maintenance, and it's hard to see where that growth will come from in the near future. Doesn't help that Jobs is dead.

I would have shorted Apple, but so many others were doing the same thing that short positions were very expensive.

The only tech position I own is Google, and they continue to do well, and will see further growth as more and more businesses migrate their billions of $ from MSFT to Google business apps given its fundamental superiority. Otherwise, I own General Mills and a small energy company, both chosen because they pay large dividends on top of solid growth.

Apple may have another surge or two left, though. If the stock goes back up, you should definitely sell it.
Posted by seandr]]> Fri, 25 Jan 2013 10:43:52 -0800 The Stranger
The problem with a company like Apple is that the $700 valuation prices in the idea of torrid growth. When they have merely good growth the stock is bound to drop to a more realistic level. The trick of course is knowing what the market has priced into the stock and not discounting simple herd mentality.
Posted by fletc3her]]> Fri, 25 Jan 2013 10:43:08 -0800 The Stranger
Apple and most of them basically sell pocket calculators. You know what happened to pocket calculator prices right?

I'm hoping Facebook will be the next Apple. (Lying. I just hope it ends up more than what I paid for it. That only happened just this week!) I also invested in fuel cells, hydrogen and all the other stuff I spout about because I should put my money where my mouth is.
Posted by Supreme Ruler Of The Universe]]> Fri, 25 Jan 2013 10:22:56 -0800 The Stranger