Gisi's Comments Gisi's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/333954/comments Beating the Quants at Their Own Game http://seekingalpha.com/article/114523-beating-the-quants-at-their-own-game?source=feed#comment-355119 355119
Great article!]]>
Tue, 13 Jan 2009 23:06:28 -0500
Great article!]]>
Measure, Don't Model: The Forest and the Trees http://seekingalpha.com/article/114023-measure-don-t-model-the-forest-and-the-trees?source=feed#comment-351450 351450
My personal belief is that you can never, ever predict the market so why waste your time trying to do that? You CAN, however, always predict how people will react to a situation. Humans just don't change. I recall in one of your comments you mentioned extreme, unpredictable events (something with the ASCO convention). An example like that could be explained by investor overconfidence in the company for finding a breakthrough cure in cancer (otherwise why would they hold the conference to begin with?) Please keep in I'm taking a pretty general view here, just to get my point across.

Let me know. As someone who also doesn't believe in statistics, I'm really curious about what you think about behavioral finance trading...]]>
Sat, 10 Jan 2009 00:35:11 -0500
My personal belief is that you can never, ever predict the market so why waste your time trying to do that? You CAN, however, always predict how people will react to a situation. Humans just don't change. I recall in one of your comments you mentioned extreme, unpredictable events (something with the ASCO convention). An example like that could be explained by investor overconfidence in the company for finding a breakthrough cure in cancer (otherwise why would they hold the conference to begin with?) Please keep in I'm taking a pretty general view here, just to get my point across.

Let me know. As someone who also doesn't believe in statistics, I'm really curious about what you think about behavioral finance trading...]]>
Why the New York Times Won't Cease Printing http://seekingalpha.com/article/113691-why-the-new-york-times-won-t-cease-printing?source=feed#comment-351441 351441 Sat, 10 Jan 2009 00:13:41 -0500 Why the New York Times Won't Cease Printing http://seekingalpha.com/article/113691-why-the-new-york-times-won-t-cease-printing?source=feed#comment-351440 351440 Sat, 10 Jan 2009 00:12:31 -0500 Why We Need a Recession http://seekingalpha.com/article/113796-why-we-need-a-recession?source=feed#comment-350296 350296
I think it's absolutely ridiculous, for example, that as the price of gas increased, Americans become enamored with hybrid cars and saving the environment. Then gas prices dropped and now consumers welcome back with open arms those unnecessarily large SUVs (though clearly not enough for the Big Three). This just goes to show that Americans DON'T believe in saving money. They want to spend every bit they have and a lot of what they don't have if they can get their hands on it. What I'm seeing now is two extremes: one causing the economic meltdown and the other prolonging it.

What we really need is to encourage saving everyday, not only in emergencies. As the saying goes, buy an umbrella on a rainy day.]]>
Thu, 08 Jan 2009 20:54:29 -0500
I think it's absolutely ridiculous, for example, that as the price of gas increased, Americans become enamored with hybrid cars and saving the environment. Then gas prices dropped and now consumers welcome back with open arms those unnecessarily large SUVs (though clearly not enough for the Big Three). This just goes to show that Americans DON'T believe in saving money. They want to spend every bit they have and a lot of what they don't have if they can get their hands on it. What I'm seeing now is two extremes: one causing the economic meltdown and the other prolonging it.

What we really need is to encourage saving everyday, not only in emergencies. As the saying goes, buy an umbrella on a rainy day.]]>