[FRIAM] ill-conceived question

[Steven A Smith]

On 5/2/20 8:36 PM, Prof David West wrote:
> Major investors lose little — certainly as a percentage of wealth —
> because they have the super-high speed systems and insider status to
> ameliorate their loses. As always, it is the smaller investor that
> cannot trade in milliseconds, but in minutes and hours, that loses the
> most.

"ameliorate" hell... those who operate at those levels profit even
better from big drops... they can leverage *any* and *all* volatility,
especially that which is counter-intuitive to the average investor.  
Sure they may get up an hour or two earlier and stay up an hour or two
later to parlay around the globe (Hong Kong, Tokyo, London, etc.) but
they are rewarded *handsomely* for that extra vigilance.


>
> davew
>
>
> On Sat, May 2, 2020, at 4:12 PM, Gary Schiltz wrote:
>> Would the rich, with proportionally more in the stock market, be
>> disadvantaged by drops in stock prices? I suppose, on the other hand,
>> they would tend to have enough cash or equivalent to to take
>> advantage of the price drops to buy stocks at reduced prices.
>>
>> On Sat, May 2, 2020 at 5:02 PM <thompnickson2 at gmail.com
>> <mailto:thompnickson2 at gmail.com>> wrote:
>>
>>     Hi, Dave,
>>
>>      
>>
>>     Given that the super rich have the resiliency to respond to any
>>     crisis, I have a hard time imagining  anything that would
>>     disadvantage them EXCEPT taxing the living daylights out of
>>     them.  We did pretty well on 90% marginal tax rates.   
>>
>>      
>>
>>     I agree about the White Quarantine. 
>>
>>      
>>
>>     Nick
>>
>>      
>>
>>      
>>
>>      
>>
>>     Nicholas Thompson
>>
>>     Emeritus Professor of Ethology and Psychology
>>
>>     Clark University
>>
>>     ThompNickSon2 at gmail.com <mailto:ThompNickSon2 at gmail.com>
>>
>>     https://wordpress.clarku.edu/nthompson/
>>
>>
>>      
>>
>>      
>>
>>     *From:* Friam <friam-bounces at redfish.com
>>     <mailto:friam-bounces at redfish.com>> *On Behalf Of *Prof David West
>>     *Sent:* Saturday, May 2, 2020 3:02 PM
>>     *To:* friam at redfish.com <mailto:friam at redfish.com>
>>     *Subject:* Re: [FRIAM] ill-conceived question
>>
>>      
>>
>>     I once taught an honors course, with Father Smith at St. Thomas
>>     on the Anthropology and Theology of War. One of the prime forces
>>     behind war — since prehistory — had been nothing more than birth
>>     control.
>>
>>      
>>
>>     davew
>>
>>      
>>
>>      
>>
>>     On Sat, May 2, 2020, at 12:37 PM, thompnickson2 at gmail.com
>>     <mailto:thompnickson2 at gmail.com> wrote:
>>
>>         Well, in a sense that’s correct.  But their method of “birth
>>         control”
>>         <https://www.researchgate.net/publication/238356686_A_Utopian_perspective_on_ecology_and_development>
>>         is not one that I am prepared to take as a model.  Just
>>         imagine the worst sort of dystopian post apocalyptic novel. 
>>         See the description of the Calhoun experiment on p 224.
>>
>>          
>>
>>         Nick
>>
>>          
>>
>>         Nicholas Thompson
>>
>>         Emeritus Professor of Ethology and Psychology
>>
>>         Clark University
>>
>>         ThompNickSon2 at gmail.com <mailto:ThompNickSon2 at gmail.com>
>>
>>         https://wordpress.clarku.edu/nthompson/
>>
>>          
>>
>>          
>>
>>          
>>
>>         *From:* Friam <friam-bounces at redfish.com
>>         <mailto:friam-bounces at redfish.com>> *On Behalf Of *Marcus Daniels
>>
>>         *Sent:* Saturday, May 2, 2020 12:15 PM
>>
>>         *To:* The Friday Morning Applied Complexity Coffee Group
>>         <friam at redfish.com <mailto:friam at redfish.com>>
>>
>>         *Subject:* Re: [FRIAM] ill-conceived question
>>
>>          
>>
>>         < You recall that I invoked as a model that experiment in
>>         which 24 rats were put in a quarter acre enclosure in
>>         Baltimore and fed and watered and protected to see how the
>>         population would develop.  They never got above two hundred.  >
>>
>>          
>>
>>         Maybe the rats were right?
>>
>>         * *
>>
>>         Marcus
>>
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>>          
>>
>>      
>>
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>
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