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It's the 'not caring' that is the recklessness | 211 comments | Create New Account
Comments belong to whoever posts them. Please notify us of inappropriate comments.
It's the 'not caring' that is the recklessness
Authored by: Ian Al on Tuesday, September 25 2012 @ 03:08 AM EDT
They have a mistaken belief that if their money printing machines break in a
catastrophic manner, they will be able to build another.

They forget that the damage will be to the money system from which they are
making money.

The larger taxation rate on short term holdings would reduce the chance of a
catastrophic failure. It is not dampening, but is the equivalent of turning down
the PA gain until it is short of howl-round. It is not a properly re-engineered
system.

In my view, the start to system re-engineering is to go back to first principles
and remember what the share and commodities prices are supposed to indicate.
They are intended to be a measure of the fundamentals of the business or
commodity.

Do the fundamentals for oil futures change by the second or do they only change
when oil producers alter their 'production' policy and when world consumption
changes? Do the fundamentals for Apple Corp. change by the second or at the
release of a new product or a surprise court case win?

The fundamental considerations show that there will only be small changes over
weeks and months. Any equities held for less than a week are an attempt to make
money on the equities crowd-sourcing lottery and have no relationship to the
fundamentals of the things being traded.

Fundamentalism in religion is questionable because religion is a belief system.
Fundamentalism in finance and engineering is the only way because both should be
fact based and not a lottery.

As for Z transforms, as far as I am concerned that has to remain a belief
system. I know there is a patented math component in PA systems that correctly
stabilises and reduces the approach to howl-round to negligible proportions.
Math guy can exhort me to believe it is there, but I have to remain agnostic.

---
Regards
Ian Al
Software Patents: It's the disclosed functions in the patent, stupid!

[ Reply to This | Parent | # ]

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