tag:blogger.com,1999:blog-34323687.post8063750422072706547..comments2024-03-29T03:19:56.674+00:00Comments on Macro Man: An Important Four Letter WordMacro Manhttp://www.blogger.com/profile/12324967552369915949noreply@blogger.comBlogger19125tag:blogger.com,1999:blog-34323687.post-28994502759466817902011-10-24T13:24:11.946+01:002011-10-24T13:24:11.946+01:00C, what I meant to say apart from highlighting the...C, what I meant to say apart from highlighting the moralistic implications was that the market now has gotten ahead of itself thinking that local governments will not want to have a say in the new and improved leveraged EFSF. This is completely overlooked. Noone has on the agenda a development where 17 or so governments once again are to vote on the EFSF.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-67263524854612657802011-10-21T09:25:26.511+01:002011-10-21T09:25:26.511+01:00C says'
"Wouldnt the leveraged EFSF, if ...C says'<br /><br />"Wouldnt the leveraged EFSF, if made active as is promoted, be the biggest heist of european tax payers and fool of politicians ever recorded?"<br /><br />I hope so,the bigger the better.<br />I do hope that the Anon who asked that question understands the difference between passing some form of moral judgement on policy moves and making money from them.<br /><br />If we really have to have these fools running something then at least we owe it to ourselves to derive some benefit from it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-23348430288912265432011-10-21T09:25:14.289+01:002011-10-21T09:25:14.289+01:00C says'
"Wouldnt the leveraged EFSF, if ...C says'<br /><br />"Wouldnt the leveraged EFSF, if made active as is promoted, be the biggest heist of european tax payers and fool of politicians ever recorded?"<br /><br />I hope so,the bigger the better.<br />I do hope that the Anon who asked that question understands the difference between passing some form of moral judgement on policy moves and making money from them.<br /><br />If we really have to have these fools running something then at least we owe it to ourselves to derive some benefit from it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-57781254998868488312011-10-20T23:19:04.487+01:002011-10-20T23:19:04.487+01:00Wouldnt the leveraged EFSF, if made active as is p...Wouldnt the leveraged EFSF, if made active as is promoted, be the biggest heist of european tax payers and fool of politicians ever recorded? We went through a vote process in 17 countries to accept a 200 bn boost/liability, and now the EU magicians increase their respective liabilities 5 times that? Why are people not reacting? Why is it that the only country I read something official from is the second poorest country in the union?<br /><br />As Germany was reportedly mulling boosting the firepower of the bailout fund to EUR1 trillion ($1.38 trillion), Radicova said Slovakia--after Estonia, the euro zone''s poorest member--does not agree with further leveraging. <br />"We don''t agree with any further leveraging through state guarantees. And we are not the only ones--the German Bundestag said that their guarantees are also the ceiling for them," Radicova said, referring to Slovakia''s approval of EUR7.7 billion worth of state guarantees for the EFSF. <br />"Leveraging of the EFSF through guarantees of states that need to cut their own deficits, isn''t possible," she added.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-7828387709761466332011-10-20T18:19:08.754+01:002011-10-20T18:19:08.754+01:00German announcement at 1.30. Mangler cancelled her...German announcement at 1.30. Mangler cancelled her Friday announcement, they are sending out some other guy.<br /><br />When pols have good news, don't they like to announce it in person? Then when it all goes pear-shaped, they send out an underling.<br /><br /><a href="http://www.bloomberg.com/news/2011-10-20/merkel-cancels-speech-to-parliament-amid-debt-talk-deadlock-lawmakers-say.html" rel="nofollow"> Merkel Cancels Speech </a>Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-60957011789602530282011-10-20T17:53:54.231+01:002011-10-20T17:53:54.231+01:00Anonymous 12:26
You need to
1) calculate the exp...Anonymous 12:26<br /><br />You need to <br />1) calculate the expected value of each of the eight cards that is turned up (multiply by 0.75 because a random quarter are discarded)<br />2) calculated the average expected value of the remaining cards not flipped, which includes the ones in the deck, also compensating for the fact that a quarter of the selected cards will be discounted<br />3) add the expected value of the selected cards to the average expected value of the remaining cards times the number of additional cards to be flipped.<br /><br />Step 3 gives you the total expected value of the hand (before the game starts, the total expected value should be 42, ie six times the average value of the cards in the deck or 0.75 times eight times the average value of the cards in the deck)<br /><br />You can build an excel spreadsheet to give you a running tally. Word of warning, I'm no mathmo. If this is for an exam or a job interview or money, caveat emptor.Alen Mattichnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-12064294335440763472011-10-20T17:48:10.065+01:002011-10-20T17:48:10.065+01:00The Grauniad has just reported that Libya will bai...The Grauniad has just reported that Libya will bail out Greece and Italy using Gaddafi's billions. <br /><br />What's that? All gone? Spent on hookahs and gold-plated faucets? Crap. <br /><br />Quick, call Mangler. Time for another speech to the Reichstag on collective responsibility.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-13308495346162933122011-10-20T16:12:20.800+01:002011-10-20T16:12:20.800+01:00Polemic: Well my iwn is the average I Bought for -...Polemic: Well my iwn is the average I Bought for - the sum of all cards.<br /><br />Not much of a help.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-44918604341138748282011-10-20T15:53:57.593+01:002011-10-20T15:53:57.593+01:00love the chart here... Looks like they've got...love the chart here... Looks like they've got Andy Fastow working on this thing. They should name one of them "Death Star". Things are going to be fine over there... wink, wink, nudge, nudge.Shane Merritthttp://www.shanemerritt.comnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-87976508200545425372011-10-20T15:36:57.986+01:002011-10-20T15:36:57.986+01:00Don't complain, TMM. Gaddafi had a much worse ...Don't complain, TMM. Gaddafi had a much worse morning than anyone.<br /><br />Apparently his last words were "Don't shoot...!"<br /><br />Bathos.Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-46908813588047425482011-10-20T15:00:25.079+01:002011-10-20T15:00:25.079+01:00LB,
a big fan of your ideas, would love to discus...LB,<br /><br />a big fan of your ideas, would love to discuss further. If you care, please shoot email to: acceptor3 [at] gmail.com<br /><br />-Equity creditAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-4146973104139202602011-10-20T14:58:27.524+01:002011-10-20T14:58:27.524+01:00Anon. No 1, 1st ask how much do you win if you wi...Anon. No 1, 1st ask how much do you win if you win? Is it worth the effort playing? 2nd use BLSH .always a winner.<br /><br />Thanks cv.. Cpmppi has nicked all the ingredients and implements for anon.1.33 s advice.. leaving me only with only those for LB's ... ok here goes..Polemichttps://www.blogger.com/profile/05985506596290073453noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-90140281564780679932011-10-20T14:45:49.825+01:002011-10-20T14:45:49.825+01:00Try the Scottish remedy. [Try to channel the Fat B...Try the Scottish remedy. [Try to channel the Fat Bastard character while doing this.]<br /><br />1. Drink a bottle of Johnny Walker Black. <br />2. Grab a second bottle of JW Black.<br />3. Visit the missus, yelling "I'm dead sexy, darlin'.."<br />4. Wake up on couch feeling like hell.<br />5. Hair of the dog.<br />6. A massive fry-up.<br />7. More Aspirin.Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-74792668438654710112011-10-20T14:31:16.758+01:002011-10-20T14:31:16.758+01:001. Drink 1L orange juice on waking.
2. Go to kitch...1. Drink 1L orange juice on waking.<br />2. Go to kitchen. Fill pan with 3 cups of water add 1 scooped out lemon, 3-4 cloves of garlic and a piece of ginger (all crushed in pan!). Stir in a fair bit of honey while bringing to the boil. Sip throughout day.<br />3. Buy Beechams POWDERS and co-codamonl 500s and take as prescribed.<br />4. Thank me later.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-81089168229263200552011-10-20T13:33:28.692+01:002011-10-20T13:33:28.692+01:00Anon 1.09: Like the rest of the 6 cards, randomly....Anon 1.09: Like the rest of the 6 cards, randomly. Its a poker style game. 3 cards with 3 players(including myself) and 3 on the table. After one of the cards on the table is revealed, I have to trade. And it goes on until the sum of all the cards are shown.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-69418560978664253202011-10-20T13:17:12.979+01:002011-10-20T13:17:12.979+01:00Breaking strain of a KitKat!!!Breaking strain of a KitKat!!!Thorium238https://www.blogger.com/profile/18370491763534767267noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-13574256131579865702011-10-20T13:11:20.683+01:002011-10-20T13:11:20.683+01:00"TMM have been dropping like flies in the fac..."TMM have been dropping like flies in the face of the latest bout of Manflu and are going to have to leave it there and grab some more Asprin."<br /><br />Commiserations, I had mine last week. Absolutely pathetic working myself through crates of Kleenex and loading up on all kinds of painkillers. Try Limsip, but beware if you drink it together with gobbles of painkillers. You might feel a bit oozy ;)<br /><br />Interesting idea with the REPOs, it follows nicely along the lines of making it as complicated as possible. <br /><br />ClausCVhttps://www.blogger.com/profile/16843402165210120665noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-1982310582549819432011-10-20T13:09:50.025+01:002011-10-20T13:09:50.025+01:00how are the 2 cards that don't count chosen?how are the 2 cards that don't count chosen?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-30898153957729127642011-10-20T12:26:54.453+01:002011-10-20T12:26:54.453+01:00This is not related to the post but is to trading....This is not related to the post but is to trading. I need help with a trading game competition;<br /><br />During this trading game, you will trade the expected value of the total of 6 cards from a normal deck of playing cards (Jack = 11, Queen = 12, King = 13, Ace = 1, eliminate Jokers). A total of 8 cards will be turned over and you will be asked to trade after each card is flipped. 2 of the cards will not count towards the total. You are encouraged to create a trading strategy to prepare for this game, and bring your strategy to the game on Friday.<br /><br />I understand that I will have to trade the expected value.<br /><br />TMM how do I calculate the expected value and how does it change with more cards being revealed? <br /><br />REALLY NEED YOUR HELP!Anonymousnoreply@blogger.com