Recent content by Gaius Marius

You can judge a person by his/her friends and enemies. On both counts, Rand seems like a great guy.

That's what's wrong with Wall Street. Nobody goes to jail anymore. Just pay a fine, disgorge some profits, and go back to reckless investing that endangers the financial system for the Average Joe Six Pack and use the proceeds to funnel dark money to a presidential candidate in the early...

Now if that isn't prohibited market manipulation, then I don't know what is. Especially since I read somewhere that Robinhood is backed by one of the hedge funds that bailed out Melvin Capital.

Yeah, there was no trading on insider info. When an investor starts taking positions in a company beyond certain thresholds, then the investor has file certain disclosures with the SEC (usually at the end of the quarter). This is all public information. In fact, other investors sometimes...

Just like the Hitler Jungen.

Rand is certainly distinguishing himself in a positive way from that other Senator from Kentucky.

With Trump sidelined for now, it will become more obvious to everyone that the Democrat leadership is the problem and not the solution.

Okay, I thought the House of Representatives did in fact impeach Nixon. I am only going by my memory of an awkward debate long ago between my HS US Gov't teacher versus my HS History teacher in front of the entire school, but maybe I misunderstood what they stated.

The rumors are that the SEC is going to seek criminal charges against Reddit's WallStreetBets crowd. I don't know what basis they could do so unless there were individual members who were using the forum to "pump and dump" their shares in GameStop.

I forgot who said that the "market can remain irrational longer than the investor can remain solvent," but many smart investors have tried to time the market and failed.

I believe Nixon was impeached. However, he was not tried by the US Senate since he resigned before any such trial could be conducted. In fact, Nixon resigned because Senator Barry Goldwater told Nixon that only nine senators would vote against conviction. To be clear, only the House of...

What I gather from this morning's financial porn is that the Hedge Funds folded on their short positions on Gamestop this morning, so essentially Reddit's WallStreetBets crowd beat the Hedge Funds. Back of the envelope math is that Melvin Capitol took over $3 billion in losses over Monday and...

I guess we shouldn't be surprised. Lech Walesa was allegedly an informant on Solidarity for the Communist Party in Poland.

I don't know about that. The MSM spin on the Trump phenomenon is that he is some pied piper and that ~75 million voters are blindly following him. An alternative viewpoint is that ~75 million voters saw little difference between Democrat and GOP primary candidates in 2016 and ultimately voted...

I don't hear any science or data implied in support of this answer.