Tuesday, January 27, 2009

How to forecast S&P earnings ..

without looking at any S&P numbers including price.

Will continue after my dinner out toninght.

Friday, January 23, 2009

Open letter to my financial brethren:

We NEVER surrender.

Ignore the bashers calling for more oversight. You want more stinky auditor breath blowing on your face?

Ignore the bullshit claims about cramdown will do this and that. You LEND people money and you want to get paid INTEREST. NOT STOCKS. What you want is to get a bunch of f*wads in DC to give money to the STOCKHOLDERS so they can pay YOU your interest and the interest of. Kapish?

My financial brethrens, no law, god or man's are above you. You set the law and teach the sheep where to eat, sleep and s&^t.

You want to bet all red. ALL. That means a HUGE bailout, stimulus or whatever you want to call it and you want to plunk it in everything with leverage, that means banks.

The way of the warrior is to charge. If drug helps calm the nerve then get some. Charge and attack with utmost brutality.

If it turns out that you are surrounded later you can always commit suicide. ;)

You want to go out with a bang, not a whimper, ever. I will be watching proudly as you wave the flag going down, my sons.

Thursday, January 15, 2009

Nice winter sky

Too bad you wouldnt be able to see this one:


What would happen to me if I fell into a black hole?

How long does the whole process take? Well, of course, it depends on how far away you start from. Let's say you start at rest from a point whose distance from the singularity is ten times the black hole's radius. Then for a million-solar-mass black hole, it takes you about 8 minutes to reach the horizon. Once you've gotten that far, it takes you only another seven seconds to hit the singularity. By the way, this time scales with the size of the black hole, so if you'd jumped into a smaller black hole, your time of death would be that much sooner.

Once you've crossed the horizon, in your remaining seven seconds, you might panic and start to fire your rockets in a desperate attempt to avoid the singularity. Unfortunately, it's hopeless, since the singularity lies in your future, and there's no way to avoid your future. In fact, the harder you fire your rockets, the sooner you hit the singularity. It's best just to sit back and enjoy the ride.