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Public_heel
Moderator
Username: Public_heel

Post Number: 11632
Registered: 12-2003
Posted on Wednesday, May 05, 2010 - 04:52 pm:   Edit Post View Post/Check IP    Move Post (Moderator/Admin Only)

BTW, The Big Short is where the Vanity Fair excerpt about Michael Burry came from...
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Public_heel
Moderator
Username: Public_heel

Post Number: 11631
Registered: 12-2003
Posted on Wednesday, May 05, 2010 - 04:16 pm:   Edit Post View Post/Check IP    Move Post (Moderator/Admin Only)

They have a Kindle entry, but say it's unavailable.
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Killernut
Registered Member
Username: Killernut

Post Number: 6180
Registered: 10-2003
Posted on Wednesday, May 05, 2010 - 04:08 pm:   Edit Post View Post/Check IP    Move Post (Moderator/Admin Only)

by???

Does Amazon have it for the kindle.
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Public_heel
Moderator
Username: Public_heel

Post Number: 11626
Registered: 12-2003
Posted on Wednesday, May 05, 2010 - 03:20 pm:   Edit Post View Post/Check IP    Move Post (Moderator/Admin Only)

Buy The Big Short. Excellent...
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Cmac
Registered Member
Username: Cmac

Post Number: 572
Registered: 03-2004
Posted on Wednesday, October 22, 2008 - 09:12 pm:   Edit Post View Post/Check IP    Move Post (Moderator/Admin Only)

Bloomington is about as progressive as you will find in Indiana. It is a community of about 30,000 that revolves around a campus that doubles it's size outside of summer.

Lake Monroe borders a State Forest to the east of Bloomington, which borders the National Forest to the east and northeast - so there is very little land has been developed around Monroe. There are a handful of properties that were grandfathered before the ACOE flooded to create Monroe in 1968 if memory serves. Lake Monroe has a very good population of Bald Eagles.
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Public_heel
Moderator
Username: Public_heel

Post Number: 8756
Registered: 12-2003
Posted on Wednesday, October 22, 2008 - 06:03 pm:   Edit Post View Post/Check IP    Move Post (Moderator/Admin Only)

CMac - Looks nice. State park and a big national forest. In Indiana, the only reason those could exist is if it's not good farmland, i.e. hilly.

Maybe I should change my Zillow searches from Terre Haute to Bloomington...
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Cmac
Registered Member
Username: Cmac

Post Number: 570
Registered: 03-2004
Posted on Wednesday, October 22, 2008 - 04:10 pm:   Edit Post View Post/Check IP    Move Post (Moderator/Admin Only)

Heel,

It is Hill riding actually. Brown County has well over 100 miles of trails to ride. In a 3 hour ride you can get maybe 3000' of elevation gain depending on the route. For Indiana, it is a mountain bike paradise. BC State Park is the HMBA project locally where they have built about 27 miles of purpose built trails. I have yet to guide anyone on those trails that has not enjoyed the experience. The Hoosier National Forest has bout 60 miles of trails between Nebo Ridge and Hickory Ridge trail systems. Those are multi-use trails. Finally there are two private ($3.00 fee) systems with around 20 each miles each in the county. I have paid dues into HMBA, but am not an active member. I do look after the National Forest trails, which I ride more often as they have more of a back country feel. HMBA is quite active however and has received over $300,000 in grants in the past few years.
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Public_heel
Moderator
Username: Public_heel

Post Number: 8752
Registered: 12-2003
Posted on Wednesday, October 22, 2008 - 11:21 am:   Edit Post View Post/Check IP    Move Post (Moderator/Admin Only)

You're a member of the HMBA? Where do you find mountains to ride?
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Cmac
Registered Member
Username: Cmac

Post Number: 569
Registered: 03-2004
Posted on Wednesday, October 22, 2008 - 10:56 am:   Edit Post View Post/Check IP    Move Post (Moderator/Admin Only)

Begin reading on reply 291:

http://www.hmba.org/smf/index.php?topic=2127.285
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Gldndog
Registered Member
Username: Gldndog

Post Number: 431
Registered: 12-2004
Posted on Wednesday, March 19, 2008 - 10:50 pm:   Edit Post View Post/Check IP    Move Post (Moderator/Admin Only)

CMAC,

I have been busy losing money in this market but not too busy to read three cups of tea.

That was an excellent read. It will be tough to find another autobiographical style book that brings nations and religions closer to each other.

Thanks for the recommendation.
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Cmac
Registered Member
Username: Cmac

Post Number: 389
Registered: 03-2004
Posted on Tuesday, February 26, 2008 - 03:50 pm:   Edit Post View Post/Check IP    Move Post (Moderator/Admin Only)

Gldn,

There's an audio link to a recent Mortenson interview here if you're interested:

http://www.bbc.co.uk/worldservice/outlook/2008/01/080129_mortstory_usa.shtml
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Gldndog
Registered Member
Username: Gldndog

Post Number: 429
Registered: 12-2004
Posted on Saturday, February 23, 2008 - 09:36 pm:   Edit Post View Post/Check IP    Move Post (Moderator/Admin Only)

CMAC

I am 1/3 of the way through the book. Very well written and WOW, what a man!
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Cmac
Registered Member
Username: Cmac

Post Number: 380
Registered: 03-2004
Posted on Friday, February 08, 2008 - 07:27 am:   Edit Post View Post/Check IP    Move Post (Moderator/Admin Only)

Gldn,

I've given several copies of that book away. I think most will enjoy it and come a away with a somewhat different perspective of the culture in parts of Pakistan and northern Afghanistan.

I'll look at your recommendations.
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Gldndog
Registered Member
Username: Gldndog

Post Number: 428
Registered: 12-2004
Posted on Friday, February 08, 2008 - 01:01 am:   Edit Post View Post/Check IP    Move Post (Moderator/Admin Only)

CMAC

Thanks for the recommendation. I have purchased the book through Ebay.

The last book I read...2 weeks ago, was "Bones of the Master", before that, in January sometime, "Falling Leaves". currently I am reading Wayne Dyer's book on the Tao.

Reading is great.
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Cmac
Registered Member
Username: Cmac

Post Number: 371
Registered: 03-2004
Posted on Friday, February 01, 2008 - 10:03 am:   Edit Post View Post/Check IP    Move Post (Moderator/Admin Only)

One of the best books I've read in some time about the a very courageous man.

http://www.threecupsoftea.com/
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Public_heel
Moderator
Username: Public_heel

Post Number: 6521
Registered: 12-2003
Posted on Thursday, January 17, 2008 - 11:34 am:   Edit Post View Post/Check IP    Move Post (Moderator/Admin Only)

re traders.... when I worked at Cantor Fitzgerald, they had a trading desk with about 20 guys frantically trading stocks. On average, I think they were about 50 lbs overweight. There were usually food wrappers and plates and pizza boxes all over.

I think that eating is perhaps the main way that traders compensate for the negative impacts described two posts down...
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Bahamasdreamin
Registered Member
Username: Bahamasdreamin

Post Number: 476
Registered: 10-2003
Posted on Thursday, January 17, 2008 - 09:05 am:   Edit Post View Post/Check IP    Move Post (Moderator/Admin Only)

"Thus, over time, someone who intently watches his stocks is likely to suffer extensive psychological, emotional, physical (high blood pressure, etc) and even neural damage, even if he is highly successful."

I could testify to the truthfullness of that statement.
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Public_heel
Moderator
Username: Public_heel

Post Number: 6513
Registered: 12-2003
Posted on Wednesday, January 16, 2008 - 11:56 pm:   Edit Post View Post/Check IP    Move Post (Moderator/Admin Only)

Interesting bit from Fooled by Randomness...

For a day trader with a success rate that would lead to a 93% chance of profitability in any one year, this would be:

67% chance each month
54% each day
51% each hour
50.17% each minute
50.02% chance each second

That is, a very high annual success rate,when reduced to the level of one minute, becomes perceptually break-even.

More important, it has been estimated that the emotional/psychological weight of the losing moments is 2.5 times stronger than for the winning moments, and that those negative impacts affect a different part of the brain than the positive ones.

Thus, over time, someone who intently watches his stocks is likely to suffer extensive psychological, emotional, physical (high blood pressure, etc) and even neural damage, even if he is highly successful.
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Public_heel
Moderator
Username: Public_heel

Post Number: 6498
Registered: 12-2003
Posted on Monday, January 14, 2008 - 01:16 pm:   Edit Post View Post/Check IP    Move Post (Moderator/Admin Only)

I'm reading a good book, call Fooled by Randomness, by Nicholas Taleb, the author of The Black Swan.

He uses a term that I've heard before, but never realized had a specific meaning... "blow up", as in "LTCM used too much leverage in 1998, and blew up when the market went against them".

So "blow up" specifically means to lose everything because of overleveraging, often when the market doesn't even move all that much.

Nearly happened to me on WCG (on my birthday, too, for crying out loud!), and it is definitely something to consider when selling uncovered options, which I am beginning to think is a fool's game...

(Message edited by public_heel on January 14, 2008)

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