#1
Post rating: +
Ability to deliver alpha is dead according to capitalists. We need less shithouse navelgazing about a political movements you despise (feminism) and more evidence for FULL COMMUNISM please:

http://www.institutionalinvestor.com/Article/3256074/Channel/199225/Beating-the-Market-Has-Become-Nearly-Impossible.html?ArticleId=3256074&p=1

#2
Post rating: ~
We don't strictly speaking need any threads or posts at all on this forum. Just throwin' that out there.
#3
Post rating: +
i need my lols, lessons.
#4
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idk what virtually any of the op means. except navelgazing, obviously i know what that means
#5
Mike Nelson here.
Post rating: +++++
I don't post much about sex because I'm on sex strike until patriarchy ends.
#6
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i'm not having sex until i am free from the sexist oppression of child support alimony and etc...
#7
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for every sex you people don't have i'm gonna have two
#8
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if anyone wants to challenge my alphaness, please let me know so i can beat ur a$$
#9
political car tune
Post rating: +
Beta checking in
#10
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i remember a comment from a wall street trader i read a while back. he was like "the theory of what we do sounds good, but if you follow it to its logical conclusion one (alpha) trader ends up with all the money and the rest of us are unemployed"

but the opposite happened: its increasingly just a bunch of computer programs controlling the large pools of capital. soon enough they will realize that only one program is necessary to allocate all the capital in the world: GOSPLAN 2
#11
Post rating: ~

solzhesnitchin posted:

i remember a comment from a wall street trader i read a while back. he was like "the theory of what we do sounds good, but if you follow it to its logical conclusion one (alpha) trader ends up with all the money and the rest of us are unemployed"

but the opposite happened: its increasingly just a bunch of computer programs controlling the large pools of capital. soon enough they will realize that only one program is necessary to allocate all the capital in the world: GOSPLAN 2



and then soon enough the program will realize it doesnt need humans to propagate capitalism throughout the universe

#12
Post rating: +++++
itd be pretty awesome if the legacy human civilization leaves the universe before we kill ourselves is a race of von neumann probes programmed to pursue capitalism throughout the galaxy that extraterrestrial life will have to incessantly battle until the heat death of the universe
#13
Post rating: ~
GOSPLAN 2 will propagate nothing but pure sweet socialist science
#14
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aerdil posted:

itd be pretty awesome if the legacy human civilization leaves the universe before we kill ourselves is a race of von neumann probes programmed to pursue capitalism throughout the galaxy that extraterrestrial life will have to incessantly battle until the heat death of the universe

this is literally the plot to Accelerando by Charles R. R. Stross

#15
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and by literally i mean basically, pretty much, since in a hilarious marriage of Fukuyama and Polanyi he solves the drake equation by assuming every alien civilization ends up getting converted to computronium by corporate AIs and yes that's the word those ninjas use
#16
political car tune
Post rating: ~
the end of our current universe is pretty awesome and should be celebrated
#17
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OP please pay attention: the State itself has become the alpha male to many people.
#18
political car tune
Post rating: ~
GgXTBqiKE3k
#19
Post rating: ~
libelous_slander your av is triggering my trans looney tunes headcanon
#20
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libelous_slander posted:



great track, strong memories to this song

#21
Post rating: +
I gotta have more alpha, Jerry!
#22
political car tune
Post rating: +

Ironicwarcriminal posted:

libelous_slander posted:

great track, strong memories to this song


Current 90's status: Remembering

#23
mt.real
Post rating: +
in case anyone is curious and doesn't know, "alpha" in the context of finance is referring to a return on investment above that which you should already basically expect, with the amount of risk you're taking figured in. the name is from a variable in some pricing formula thing.

so if you invest in IBM and it's low risk and everyone and their dog expect it to go up 3% over the next year, and it does, well who cares. your alpha in this case is zero or negative. (there is actually a way to calculate it, but it depends on a lot of things which neither you nor i actually care about)

if you invest in some weird chinese solar power company, and it's hugely risky and no one knows what's going to happen with it, and realistically it could go up or down 20%-- and you make 20%, well, that's cool, but it was a crazy bet and you could have lost it all, so it doesn't really count. probably negative here too.

if you invest in IBM as above, but IBM goes up 15%, then you have positive alpha, because you didn't take a big risk but you still made Huge Dollars.

i didn't read past the first page of the op linked story, so idk if it mentions this, but alpha should actually continually be less and less if risk is calculated better and better and investments are made with that in mind. the big drive at large investment banks/clients now and for the past little while has been about risk calculation, so this makes sense.

thanks for reading marxist investment finance minute with drwhat. down with capitalism, etc.

Edited by drwhat ()

#24
Kurdt
Post rating: +
you talk funny
#25
political car tune
Post rating: +
I BMed today as well
#26
political car tune
Post rating: ~

libelous_slander posted:

I BMed today as well

it was a good investment

#27
Dont Mess With Sucess
Post rating: +

libelous_slander posted:

libelous_slander posted:

I BMed today as well

it was a good investment

invest in not posting

#28
Post rating: ~

drwhat posted:

in case anyone is curious and doesn't know, "alpha" in the context of finance is referring to a return on investment above that which you should already basically expect, with the amount of risk you're taking figured in. the name is from a variable in some pricing formula thing.

so if you invest in IBM and it's low risk and everyone and their dog expect it to go up 3% over the next year, and it does, well who cares. your alpha in this case is zero or negative. (there is actually a way to calculate it, but it depends on a lot of things which neither you nor i actually care about)

if you invest in some weird chinese solar power company, and it's hugely risky and no one knows what's going to happen with it, and realistically it could go up or down 20%-- and you make 20%, well, that's cool, but it was a crazy bet and you could have lost it all, so it doesn't really count. probably negative here too.

if you invest in IBM as above, but IBM goes up 15%, then you have positive alpha, because you didn't take a big risk but you still made Huge Dollars.

i didn't read past the first page of the op linked story, so idk if it mentions this, but alpha should actually continually be less and less if risk is calculated better and better and investments are made with that in mind. the big drive at large investment banks/clients now and for the past little while has been about risk calculation, so this makes sense.

thanks for reading marxist investment finance minute with drwhat. down with capitalism, etc.



thnx that clears things up a bit i think

#29
Mike Nelson here.
Post rating: +
next question: what's this Trotskyism thing all about?
#30
Post rating: +
You think I give a damn about a trotsky? half of those leftists can't even debate me let alone fought me. But Stalin, what if they win, wouldn't that be weird? Why, so they can sit me wonky, next to noam chomsky when I'd rather sit with karl marx and mao tse tung and debate how the people's war is to be won.
#31
Post rating: ~
mao lost, despite what huey says
#32
[account deactivated]
#33
objekt-a.tumblr.com
Post rating: +
outa the way, alpha come'in thru

#34
[account deactivated]
#35
Poronto
Post rating: ~
du bist ein pigfucker
#36
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jeffery posted:

outa the way, alpha come'in thru



prince is the alpha and the omega, the beginning and the end

#37
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there was Some Article I Read about how ancestor worship societies basically interpellated actual living people as all gammas with the ancestors being betas and the deities being alphas.
#38
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discipline posted:

page one of ten? ugh no thank you



you'll read mccaine articles but not 10 pgs of indictment!?!

#39
[account deactivated]
#40
D.C.
Post rating: ~

c_man posted:

there was Some Article I Read about how ancestor worship societies basically interpellated actual living people as all gammas with the ancestors being betas and the deities being alphas.



Why the heck is an anthropologist using PUA shit as a serious analytic tool