Kid Dynamite's World


 

Regular readers will know that writing about my interactions with our healthcare system has been an obsession of mine. The cliff notes are: when you go to an IN NETWORK provider, as designated by your insurance company, you can be hit with OUT OF NETWORK provider bills which – and this is the key part – you have no control over.

Bill care consumer facility Hospital in insurance Network plan provider

 

No Surrender [0.17]

Posted on Sept. 15, 2016, 1:32 p.m. by Kid Dynamite's World @ [source]

I’m a Bruce Springsteen fan.

So it’s with outright awe that I watched this video of Springsteen’s 9/9/2016 Philadelphia show, where he pulled a kid out of the audience to crush No Surrender with him.

audience background boss concerts Guy night plucks requests signs song

 

Fractal Market Behavior: Silver Edition [0.15]

Posted on July 1, 2016, 8:37 p.m. by Kid Dynamite's World @ [source]

I’ve written before about the importance of using different time frames to get different perspectives when you’re looking at a market chart. My default chart is a 4 hour chart with 1 minute bars, which I then toggle to a 1 day chart, 2 day chart, and then longer.

bars confident correlations default hour longer minute silver squareds toggle

 

Ignorant Populist Rage [0.05]

Posted on June 2, 2016, 2:48 p.m. by Kid Dynamite's World @ [source]

I know about as much about politics in England as I do about biotech, which is to say: basically nothing. If my dad wants to trade FX crosses, he needs to get better quality news sources, and if he wants to think he has the best information available, he better go out and try to get that information HIMSELF – you know, like the Evil Hedge Funds do.

Brexit Evil Hedge hedge fund index pay politician poll trade vote voted

 

WYNN Q1 2016 Conference Call Tidbits [0.12]

Posted on May 6, 2016, 5:09 p.m. by Kid Dynamite's World @ [source]

Steve Wynn gave his quarterly earnings call last night, and as usual, there were a few interesting tidbits from the man who I believe is the best operator of luxury hotels in the world. And so therefore, what I didn’t show on Investor Day but — because I didn’t have the model ready, is that in the middle of this 1,300 by 2,000 foot piece of water is a mountain, an island, that is 8 to 10 stories tall, but it is an irregular topography.

beach charge foot kinds meeting night Paradise Park room side water

 

Leicester City are the Champions of the English Premier League. At the beginning of the season, you could make a wager that Leicester would win the Premier League and get 5000-1 on your money.

amazing explain Football hard League outsiders premier rest season soccer

 

Will Trump invoke his own penis size at any point in this election cycle?

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advertised Amazon com commission earn extra links pay product small

 

I Returned My Casper Mattress [0.03]

Posted on Feb. 19, 2016, 2:32 p.m. by Kid Dynamite's World @ [source]

I wrote about a month ago about how excited I was to be able to buy a mattress online. My wife and I weren’t crazy about the mattress, and we decided to return it.

Casper Consumers crazy decided entire find left mattress recommend wife

 

The COMEX Meme That Won’t Die [0.07]

Posted on Jan. 31, 2016, 10:13 p.m. by Kid Dynamite's World @ [source]

I wrote 2 months ago about the Worst Precious Metals Meme of 2015, a meme which attempted to erroneously equate the COMEX registered gold stocks with the gold that is “available for delivery” at the COMEX, and then draw hysterical conclusions by making ratio comparisons that bear positively zero relationship to the operational realities of the futures market.

The Usual Suspects demonstrated their ignorance again this week by ranting about the reclassification of 201,000 oz of gold in the COMEX warehouse inventory report from the registered category to the eligible category.

COMEX December delivery February Gold leverage ounce post ratio registered

 

Even the “smartest” of investment managers can sometimes make mistakes – not just in the stocks they pick for their portfolio, but in their understanding of how market mechanics work.

Obviously, if you’re running a market-cap-weighted index fund, you don’t buy more shares of the companies whose stock prices are rising while selling shares of the companies whose stock prices are falling.

basis fund index indexer outstanding post quarterly rebalance shares XOM