J. Fredrickson

The Erroneous Credence of the Efficient Market

The efficient market theory is dead. I never believed it in the first place, but my professors seemed to cling to it as if it allowed them to live. Why? My guess is that it allowed their theories and papers to be published. It allowed the equations to work and be less complicated. Imagine how hard it would be if they had to factor in market inefficiencies. No "pure" number would come out. It would most likely have to be a range. Nobody really likes ranges in math or science. It is much better to just have one "right" answer not 20. Brandon has a great point here and I think that the younger investors and economists need to realize that the efficient market theory is simply a method for creating a constant factor in equations and theories, not a theory that is reality based.

Providing Aid to the Disabled

Why would anyone believe that they can see the end if they didn't even know when it started? Why would I believe an incompetent company that can't seem to find the resolve to downgrade bonds based on there own rating criteria? Maybe if Fitch said it, I would take it a little more seriously, but come on, S+P with credibility, that went out a longtime ago.

And to Barney Frank, that is just what we need, the U.S. government as a landlord...I'm sure the bureaucracy surrounding that won't be a problem.. I know that we need to save all our poor buddies in the financial industry..Thanks Barney I know my kids will appreciate that, and their kids, and probably their kids as we continue to print money and watch it float into the abyss.

Options Trader: Monday Outlook

Poo. This isn't the Yahoo message board. If you have an alternative viewpoint, make it, but don't insult an individual that is nice enough to put together a coherent and thoughtful article. Why don't you try to the same in a rebuttal, instead of acting like a 5 year-old?