38 karma · joined May 16, 2011
see: dynamic hedging by nasim taleb--a book that sits on many professional traders desks in which taleb makes more than a few points about trading.
his books get progressively worse, but this one is excellent
I sometimes try to explain things to my girlfriend to see if I actually understand them. If I can make her understand the concept--then I feel like I know what I'm talking about. She'll listen and play along, but it's boring to her. Thats fine. She's a law student and I do the same for her, but I think contracts and crap are as boring as she thinks algorithmic trading is and that's fine too.
We both spend all day with people who love that stuff. After recapping our days, there's plenty of other fun stuff to talk about and do. The key to making it work is we are both able to tell when the others eyes are starting to glaze over. Before you try forcing it, try to imagine a two hour discussion about paint brush selection or something you could really care less about.
Further, Schiff seems to think that he personally has the ability to "fix" the economy and make it work properly. IMO A liberal (economic liberal) single all-knowing leader who wants to plan the economy (or anything, really) is just as dangerous as any other central planner.
yes to term limits
with a clearer mind and more energy you will probably realize your situation doesn't suck so bad and think of ways to solve it.
From a business owner standpoint, as long as its self-policing it seems like a good way to keep people happy. From an employee standpoint I would believe it to be to truly unlimited in this type of situation. If there aren't teams or the profit you generate for the company isn't bunched into short periods of time, I would be leery to just take off for a month + while everybody else is still working. I think it would result in less vacation being taken since nobody would want to look lazy like provoost touched on.