i just exactly where is the anus located on a fish?
Pretty close to the sphincter.
Finally a subject I have a clue about...
on
Hackers On Atkins
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· Score: 2, Interesting
A bit more than two years ago, I weighed 107 kg (you SI-challenged folks can surely do the math yourselves). Stopped eating sugar and starch, meaning no potatoes, rice, pasta, or bread. Started eating more salad and green veggies, but also stuff that in principle has lots of energy, like cheese. Lost 30 kg within half a year. Currently up a few kilos from low of 76 kg's because I've chosen to eat the occasional pizza. I didn't stop eating all carbs, just those I just named. Also, I didn't take up exercise, or try to eat less - just different.
Downside: had to get rid of all my clothes and get new ones.
Now, I don't claim to be an expert on nutrition, but this worked for me, and I plan to keep on eating this way. Had my cholesterol levels checked a year ago, everything was A-OK.
it isn't true either that options can't introduce substantial financial risk as well
Writing options can. If you're just buying you're never out of pocket more than what you already paid, so your loss won't come as a surprise.
It's just as easy to buy the wrong stock as it is to buy the wrong call or put. The stock just costs more.
If you didn't really know what your assets were worth, how the hell would you know what kind of situtation you were in?
This may be true for OTC derivatives but is less true for derivatives with a market maker constantly giving offers to buy and sell. Since you are able to close your position at any time there is no uncertainty about its worth. Granted, this does not necessarily apply well to large positions.
Of course you can get in over your head with derivatives. They are more complex instruments than stocks. However, it doesn't necessarily follow that all derivative trading is "stupefyingly complex".
Because options deal with hypothetical situations, valuing them is extremely difficult.
This is one of the reasons that make them attractive as financial instruments.
some very savy people look at options and see a great big steaming pile of financial risk.
OK, the difference between I and II probably stems from the fact that bought options are not cleared at the time of the transaction, hence the broker is exposed for the price of the options until the money actually arrives.
This reminds me of a quote I put in my Master's thesis (on margin calculation for derivative clearing accounts):
A common misconception about risk management in some quarters is that the use of derivative securities constitutes speculation-that is, the addition of financial risk to the business risk of a firm's operations. Some folks think that condom use increases risk. - Walter Dolde
Buying puts and calls doesn't pose any more risk for the broker than selling covered calls, since the money has to be there up front, and there are no obligations for the buyer. In fact, a case could be made for it being less risky, since there is no margin traffic.
Also, I don't buy the argument of complex strategies being any different from a combination of buying/selling puts and calls.
> When the Mac had a twisted mouth and Xs for eyes, I wasn't.
And when the Mac had a twisted mouth, it played a C MAJOR chord! What's with that? The first four notes of Beethoven's Fifth would have been much more appropriate - even if you don't know the piece you'll get the idea when you hear it.
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I drove a 1975 240 (244 GL, to be exact) as recently as a year ago, and the engine was definitely a B21E. Fascinating, isn't it?
i just exactly where is the anus located on a fish?
Pretty close to the sphincter.
A bit more than two years ago, I weighed 107 kg (you SI-challenged folks can surely do the math yourselves). Stopped eating sugar and starch, meaning no potatoes, rice, pasta, or bread. Started eating more salad and green veggies, but also stuff that in principle has lots of energy, like cheese. Lost 30 kg within half a year. Currently up a few kilos from low of 76 kg's because I've chosen to eat the occasional pizza. I didn't stop eating all carbs, just those I just named. Also, I didn't take up exercise, or try to eat less - just different.
Downside: had to get rid of all my clothes and get new ones.
Now, I don't claim to be an expert on nutrition, but this worked for me, and I plan to keep on eating this way. Had my cholesterol levels checked a year ago, everything was A-OK.
It's just as easy to buy the wrong stock as it is to buy the wrong call or put. The stock just costs more.
This may be true for OTC derivatives but is less true for derivatives with a market maker constantly giving offers to buy and sell. Since you are able to close your position at any time there is no uncertainty about its worth. Granted, this does not necessarily apply well to large positions.
This is one of the reasons that make them attractive as financial instruments.
Others see the very same pile as an opportunity.
If there is no risk, it's not an investment.
OK, the difference between I and II probably stems from the fact that bought options are not cleared at the time of the transaction, hence the broker is exposed for the price of the options until the money actually arrives.
This reminds me of a quote I put in my Master's thesis (on margin calculation for derivative clearing accounts):
Buying puts and calls doesn't pose any more risk for the broker than selling covered calls, since the money has to be there up front, and there are no obligations for the buyer. In fact, a case could be made for it being less risky, since there is no margin traffic.
Also, I don't buy the argument of complex strategies being any different from a combination of buying/selling puts and calls.
Since the VCR was a U-Matic 1 inch tape
U-Matic is 3/4".
Einstein was right, God does not play dice with the universe. However, the universe plays dice with God.
> When the Mac had a twisted mouth and Xs for eyes, I wasn't.
And when the Mac had a twisted mouth, it played a C MAJOR chord! What's with that? The first four notes of Beethoven's Fifth would have been much more appropriate - even if you don't know the piece you'll get the idea when you hear it.
Speaking of density and a new unit, the dord would be most appropriate.