Financial topics

[Higgenbotham]

and each programmer is just a cog in a wheel.

At my workplace, I called this "parts is parts" after the old Wendy's commercial.

https://www.youtube.com/watch?v=y_oem9BqUTI

[aeden]

http://www.spiegel.de/international/ger ... 30995.html

These eyes are in Washington. Junior is Mikey from the cereal commercial for those who remember that currently investigating the The Office.
It say a Hell a lot when the DOJ is recusing all over themselves.
Paperclip as noted.

https://www.amazon.com/Muller-Journals- ... GZ1MFS8K80

They got Office space back then as the democrats and rhinos actually thought they are still in control.
Mr. Kelly needs our support and also knows what the People are up against. As it was noted recently we are waiting for a
back bone of the republicans to show up.

This current evil is known and as I told the wife the knives are way past being out in the current swamp warfare at Home.
It is a feature called distraction to split home and duty since the implement of being the planets gatekeeper has costs.

http://gdxforum.com/forum/search.php?ke ... sf=msgonly

https://www.youtube.com/watch?v=yCsfJdpglHE&app=desktop The Brits are thinking some things are not adding up.
Also the intelsat will never be seen by us and frankly that needs to be done that way.

[aeden]

The farmer then turned to his wife and said we've got to pay the sky high taxes on this god-forsaken worn out piece of ground somehow.

https://www.youtube.com/watch?v=UcD81WHkCsE

Three farmers left and the EU raided one in London.
Judith Miller farmed America well also back then.
America is always being deceived as we speak.

https://aim4truth.org/2018/04/11/tentac ... e-america/

Anyways big tobacco is now firmly going tan man big weed inc.

Trump was and is correct on assertion being lost in the induced noise. No one is liked since you are subjects only.

As reports over the decades unfiltered is the biggest risk is the neo-liberal death cults since as it was well put as what arkincide are you on
will filter into 2018. Do not misunderstand the democrats who are alienated from the diseased metal framework that micponded the States.
In time as before the to busy to pay attention will consider the socialist on suicide watch and Marxist plain sight order of operation murder.

https://www.youtube.com/watch?v=G2qIXXafxCQ reclaim control over our governement

[aeden]

old news
Caruso-Cabrera reports on missiles heading to three different cities in Saudi Arabia being intercepted by military defense.

[aeden]

This “Chinese whispers” website can be accessed at http://www.tashian.com/multibabel and it involves 5 languages in combination with English, so that 10 consecutive stages are needed to complete a whole long-haul translation cycle: the passage originally provided by the user in English is always retranslated back into English after each step before moving on to a new language, in effect stringing together a series of recursive round-trip translation loops.

Look who's translating:(PDF Download Available). Available from: https://www.researchgate.net

RaTTLe confirmation bias

I'm sorry, this page doesn't exist. Here's a poem instead.
San Francisco-based technologist and designer.

Kjellen came to function as the translator and synthesiser of Ratzel’s ideas into a language of organic state
theory. Kjellen, perhaps even more then Ratzel, has been de-scribed as the primary source of inspiration for the geopolitical
school of Karl Haushofer (Holdar, 1992; Elvander,1956; Thermaenius, 1937; see also Haushofer (Ed.), 1932).
There are several ways to explain the intermediary position that Kjellen came to occupy between Ratzel and Haushofer.
Firstly, Kjellen’s work was, as we will see, characterised by a desire to empirically “test” the Ratzelian Lebensraum hypothesis
on actual great powers – both contemporary and historical states. Secondly, he wanted to create a more precise
terminology that could be mobilised when the geopolitical scientist wanted to analyse a particular state.
https://www.geogr-helv.net/68/37/2013/gh-68-37-2013.pdf

He has changed to they. Darwin state of morals. Welcome to the lab.

Swedish political scientist.

The moral nihilist straw man will suffer the exculpatory adjectives for now. Sun Jan 08, 2017 8:10 am

[aeden]

One broker for book three can sail on as before leveraging others.
https://www.zerohedge.com/news/2018-04- ... -plunge-46

[aeden]

https://brown-moses.blogspot.be/2012/10 ... bombs.html
https://www.lawfareblog.com/true-story- ... ence-syria
http://defense-update.com/analysis/anal ... ria_cw.htm

Biological and biotoxin weapons will probably look like an ODAB but with powder-filled submunitions. If something lands and there's no explosion, only clouds of "dust", do not linger or approach.
Try Abebooks.com for a copy of Sterling Seagrave's book "Yellow Rain" which describes Russian experiments with biotoxins and nerve gases,
using inter-Arab conflicts as testing grounds.

Containment theater is essential. They are past evil.

https://www.youtube.com/watch?v=wmN6wZ9rVPY

Zechariah 12 The land will mourn, each clan by itself, with their wives by themselves.

Amos

[Higgenbotham]

Beating the Market Has Become Nearly Impossible

Duncan is excited about my research on alpha. She cites a joint paper from the Center for Applied Research and the Fletcher School of Law and Diplomacy at Tufts University that found that less than 1 percent of 2,076 U.S. mutual funds tracked between 1976 and 2006 achieved superior returns after costs.

Unlike in other fields, such as medicine, where scientific advances have measurably improved lives, investors are not better off in this hypercompetitive world. In today’s investment industry alpha — a measure of a manager’s skill that arguably was always hard to find — is now rare. It’s the result of a phenomenon not exclusive to investments.

As the skill of all the players in a game rises, luck increasingly influences who wins and who loses.

In baseball, players are now uniformly better than they were a generation or two ago; that’s what happens when you start coaching kids in kindergarten. Whether ball meets bat can often depend on extraneous factors like wind speed. But baseball, in the end, is a game. The stakes are higher in investing, whether the savings are for retirement or for a college endowment.

So I go back to Ellis. He too has been advocating that investment managers return to the business of providing tailored advice. He says it’s the one service they can consistently deliver. Managers who promise steady outperformance can’t make good on the pledge. “But what about David Swensen,” I say, trying to speak softly as my voice booms in a cavernous room on the second floor of the Yale Club in Midtown Manhattan. “How can you so staunchly believe that investment managers can’t outperform, when you watched David do it for so many years?” (Even with the losses of 2008, Yale’s endowment returned 13.7 percent a year over the two decades ended June 30, 2012.)

Ellis is undeterred, making the case that Swensen’s skill is not unlike that of a Picasso or a Renoir. “He’s the most rigorous thinker about investments in the world,” says Ellis.

https://www.institutionalinvestor.com/a ... lydlRCjQfl

[Higgenbotham]

http://www.schwab.wallst.com/ser/perfMo ... =0&reset=1




Schwab analysts rate stocks from A (best) to F (worst). Above it can be seen that Schwab analysts' worst rated stocks have outperformed their best rated stocks over the past year.

[Higgenbotham]

Has Schwab done a disservice to their clients? Not necessarily, because they may have low ratings on high fliers that will outperform when everything is being bid up, but will underperform in a bear market.

Likewise, a stock picker who has outperformed during a bull market may have only done so because he picked the high fliers and his performance will fall apart when the market turns down.

So I go back to Ellis. He too has been advocating that investment managers return to the business of providing tailored advice. He says it’s the one service they can consistently deliver. Managers who promise steady outperformance can’t make good on the pledge. “But what about David Swensen,” I say, trying to speak softly as my voice booms in a cavernous room on the second floor of the Yale Club in Midtown Manhattan. “How can you so staunchly believe that investment managers can’t outperform, when you watched David do it for so many years?” (Even with the losses of 2008, Yale’s endowment returned 13.7 percent a year over the two decades ended June 30, 2012.)

Ellis is undeterred, making the case that Swensen’s skill is not unlike that of a Picasso or a Renoir. “He’s the most rigorous thinker about investments in the world,” says Ellis.

That's not enough. He hasn't invested through a severe bear market yet. Fortunately for a Picasso, he can toss his crappy paintings out and nobody ever sees them, but somebody who manages a Yale endowment has to gamble all the time.