Berkeley CSUA MOTD:Entry 35931
Berkeley CSUA MOTD
 
WIKI | FAQ | Tech FAQ
http://csua.com/feed/
2018/09/20 [General] UID:1000 Activity:popular
9/20    

2005/1/27-28 [Finance/Investment] UID:35931 Activity:high
1/22    Is the movement of the market a random walk?  I planned to read
        the book that says yes, but googled a more recent book that says no.
        So which one is right and which/where I should start reading?
        \_ What is random? -- ilyas
           \_ What, are you playing jeopardy or something?
              \_ Are you op?
              \_ The answer was:
                 The type of men that Yermom would pick off the street.
        \_ Yes.  You're probably talking about A Random Walk Down Wall Street
           by Burton G. Malkiel.  If that's not the book you were planning to
           read, it should be.  What it really describes is something called
           The Efficient Markets Theory which can be summed up as the current
           price of a stock or security incorporates all presently available
           information.  Consequently, you cannot reliable predict prices and
           beat the market by somehow properly timing when you buy and sell.
           -dans
           \- Still a classic:
              Boredcast Message from 'peterm': Wed Jan  8 17:37:16 1997
              You also recommended "A random walk down wall street" ...
        \_ what calendar are you using?  1/22?
              \_ Holy shit.  8 years ago! --PeterM
           \_ Yeah I was referring to that book, but I also googled a more
              recent book titled A not so random walk down wall street, from
              PUP.  I wonder if that means the old theory has been debunked -op
              \_ The Efficient Markets Theory is undercut by all the
                 recent insider trading scandals.
2018/09/20 [General] UID:1000 Activity:popular
9/20    

You may also be interested in these entries...
2013/7/31-9/16 [Reference/RealEstate, Finance/Investment] UID:54720 Activity:nil
7[31    Suppose you have a few hundred thousand dollars in the bank earning
        minimum interest rate and you're not sure whether you're going to
        buy a house in 1-5 years. Should one put that money in a more
        risky place like Vanguard ETFs and index funds, given that the
        horizon is only 1-5 years?
        \_ I have a very similar problem, in that I have a bunch of cash
	...
2013/5/9-7/3 [Finance/Investment] UID:54675 Activity:nil
5/9     I'm stock newbie. Let's say  I made $1000 in Jan 2012 and then
        lost  $1000 in Feb 2012, does that mean I'm not liable to pay
        any tax given that I made $0?
        \_ Yes.
        \_ Are both long term gains/both short term gains? And I assume you
           mean realized gains, i.e. you actually sold the stock in an
	...
2013/1/25-2/19 [Finance/Investment] UID:54588 Activity:nil
1/25    Is there a site that tells you the % of people shorting
        on a particular stock? I'm trying to see if I can gauge
        "confidence level", that sort of thing.
        \_ http://www.nasdaq.com/symbol/intc/short-interest
           I'm not sure how to read this, I'm guessing the higher
           "days to cover" the more short activities there are?
	...
2013/1/16-2/17 [Industry/Startup, Finance/Investment] UID:54582 Activity:nil
1/16    Fred Wilson says you should focus on the cash value of your
        options, not the percentages:
        http://www.avc.com/a_vc/2010/11/employee-equity-how-much.html
        \_ Or at least, so says a VC trying increase his profit margin...
        \_ A VC wants to keep as much of the stock for themselves (and give
           as little to employees as possible).  That maximizes their return.
	...
2012/12/21-2013/1/24 [Industry/Startup, Finance/Investment] UID:54568 Activity:nil
12/21   http://techcompanypay.com
        Yahooers in Sunnyvale don't seem to average 170K/year.
        \_ Googlers average $104k/yr? Uh huh.
           \_ what is it suppose to be?
              \_ link:preview.tinyurl.com/a36ejr4
                 Google Sr. Software Engineer in Sunnyvale averages $193k in total pay,
	...