bjoernw

It's so frustrating when people don't understand that the market has already priced everything into the price of a stock. When someone buys a stock that person thinks he/she knows more about the price of the stock than the rest of the market. There is plenty of academic research that shows stock picking doesn't work and shows that actively managed mutual funds do as well as passively managed funds. No fund manager can create a positive alpha over the long run.

I cringed when I read the title...

Happy non-denominational holiday, which I will spend celebrating family :)

Statistically there is so much wrong with this infographic.

Calling someone "worth watching" assumes that he/she has some kind of characteristics, which could possibly make him/her successful. This was written by a teen. Not sure if I trust his judgement on this. There are lots of talented kids out there though, no doubt.

Just play a round of poker with friends.

Only rational way to invest: http://en.wikipedia.org/wiki/Modern_portfolio_theory

I'm a German citizen but travel with my Maryland-issued driver's license. There is no info about citizenship on it. Therefore I would say that even non-citizens can claim this right. How would you prove you are a citizen? Your U.S. passport would be the only way.

I like it. One thing to add would be a way to share any of them on twitter with some hashtag at the end.

Was this post written by someone marketing seesmic desktop? Tweetdeck is still ahead and in my opinion much much cleaner. Tried both of them and am definitely sticking with tweetdeck. I am however looking forward to any kinds of updates to seesmic desktop and will give it another try.

Thank you so much, I will dive right into this.

Do you know those management courses in college where almost everything the professor "teaches" you is common sense? Somehow this post brought back some memories.

This post from Tim Ferris is amazing and outlines some ways to prepare to be a fugitive: http://www.fourhourworkweek.com/blog/2009/03/03/how-to-be-ja...

"Forecasting" got us into this mess. By thinking we can predict the future by looking at the past we have taken way too much risk and are paying the price right now.

Now people look at past events to "forecast" where we will be in the future? Seems odd. Just because 3 curves show a similar correlation does not mean the 4th has to follow the same trend. We need to learn from mistakes.

So what happens when you have a flat tire? You're extremely screwed?

That's what she said ;)

Another example for an annoying update was the recent xbox live update. The service was down for 24hrs and nothing had changed. Users were pissed.