Search results

It's always sad to hear someone's passed away, It's particular sad to hear someone you know passed away, someone who's rich in knowledge and with a vibrant character. I can't describe my sorrow when hearing this bad news ...

Haha, I guess it all depends where and who you heard it from... ... and also, was? that someone trying to portray the trunk of an elephant or the ear of an elephant to you? Or maybe the someone only touched part of the elephant while he was blindfolded... ...If you're a type living your life by...

Sometimes it's really ironic for me to see the "hedge" funds touting their returns, like 10% for the past 5 years, now 60% wiped out; i think Plumber Joe probably can do better at Atlantic city in terms of annualized return , hahaha, oh wait, wait, from a bench mark perspective, like comparing...

hi muting, what's your usual email? i wrote you in gmail, do you have some other accounts?

Of course, it counts as a thanksgivning dinner.

Thanks to Bob's fresh politish perspective again. I think Big Ben is better off going back to Princeton and write his books instead of being caught in the cross-fire of a political tussle; he didn't help out much anyway in yesterday's testmony where Hank took all the heat and questions while...

Yeah, I think Bear and Lehman's demise was due to their own wrongs, was immenent...

Not so much so of the CDS on their books, more to do with how they're rated by SP and hence the perceived capital requirement and their ability to raise capital.

Surely not, White house might have a say in Iraq, but probably not over say China, Russia, Japan, Korea... anyway, everything were pulled back over night, major, major, with halt on short selling and central banks rescue, let's see if we can have a cat jump today.

Just watched cnbc interview one of SP guy, shocking, since when they incorporate the stock price in credit rating of the company!!! WoW, that's novel, just like the vicious circle alain potrayed, with these kind of rating methodology, you can fabricate a downward spiral once things started...

I actually like what's happening right now, though pretty painful, but a good thorough ( at least i hope it's thorough) cleasing process - deleveraging... ...back to your core business folks... So the big hedge funds like Bears and Lehman are gone, s o r r y , I mean investment banks; AIG is...

Is that what Mack said, :)

After SEC's emergency halt on short-selling... MS down 38% , GS down 21% , wow wow wow... WA = Wachovia, Wamu = WM = dead cat, (sorry, i like the notion of dead cat) MS + WA is just my own "idea" , sorry... ... I think Mark is racing with time now.

According to Ben, IB with wholesale banking biz model aint gonna work; I think Mark is acting smart not waiting, not like Mr. Dick , MS with WA , that looks a viable combo.

I think we should move the discussion focus to MS ang GS now... ...

anyday works for me , but i prefer monday - friday though, best if it count as a working day too

There are will always be higher highs and lower lows, the nature of the beast; we shall continue our business as usual...

hey claudia, do you have the contact info of your class mate, the russina guy Andrey? is that his name? if you do, could you please share that with me?

2nd Happy Birthday Greg , Cheers!!! :partyman:

There's a level of cleverness called "SMART"; There's another level of cleverness called "WISDOM"; And I'm deeply impressed.:prayer: This initial post reminds me of Prof Sylvain's anecdote that "A tree falls into a forest, does it make a sound..." Also, Andy eagle, maybe it is a good idea we...

Gosh , it's been a year now since that bump, happy late brithday Nalin; Since time passes so fast, I think it's almost time for me the collect the $100 we waged , eyeh, haha

seems talthun have triggered Andy and Alain's sensitive spots, lol, Hey Alain, I'm in One World now, let's catch up for lunch sometime, eyeh, no big name schools, everybody, heard that. After all, knowledge is what you pursue, not names, be a little more grounded.

Me too, to a lesser extent though, :smt047 , wish you guys have fun!

So is this friday, when is it gonna be confirmed? Anyone?

Totally, I mean this could be even used as a little C++ project, a very valuable and practical asset for our experience. Mr. Gus, it'd be great if you could give us a session on it, how to set up the code would be the most craved topic by me.

Way to go man!

:D So you follow what Mr Ben says, lol. I'm sure if any country had a reccession and hit the trough, it certainly will become stronger later, eyeh, like ohhh Korea is stronger than they were in 1997.

Hello there, if I were you, I'd apply sooner rather than later, good luck:)

happybday, smart boy.

Wowow haowhoaw, happy Birthday to the real eagle, show us some money!

yeah, fellows, we're entering into a rough patch.

I know, all the buyers are on strike/holiday? maybe, lol Yeah, good dude, let's touch base when returning back to school eyeh(so we don't make here our private penthouse:D)? it's almost the time, looking forward to that.

how do they back out the implied Vol for the VIX? Blackscholes? Anyone knows? Yeah, I used BS to back out implied vols for some traded options, it's standing well above 30%, so now i know, when it was trading @ around 12% 2 months ago, it was so cheap, darn, another gone opportunity, lol...

hey buddie Nalin, lon...g time no see. HOw's the latest credit rout affected the CDOs market in your own perspective? in terms of new issuance?

Fixed income, way to go, man...

See if this could help to resolve the liquidity crunch and stabalize the frenzinies. http://www.bloomberg.com/apps/news?pid=20601087&sid=a8_CLssc9kr8&refer=home http://www.bloomberg.com/apps/news?pid=20601087&sid=aiHUDlIJ1Ga8&refer=home Guys, we're expierencing an extra-ordinary time of the...

I concur that, equity can easily go down another 10% from the current level.

Anything sounds good to Bob sounds good to be, without even thinking, lol, J/K. Scoop the bottom guys, in case you're sitting on cash, lol

Happy Birthday to our beloved President! Happy birthday Bridgett:dance:

Awesome post Adolf, virtually next door, and the time is acommondate too; Guys, subprime, how exciting, and come early for a drink at Chevy's (across the street from World Financial Center 4) before hand (happy hours too), com'on guys!

Vietnamese noodles are like so freaking good:thumbsup:, but they always give me too little, lol, j/k! Guys, we havn't chilled together for a lo... ...ng time, and since this baseball game outting is canned(or is it just postponed?), shall we arrange something else?

let's start a fund-raising for the bears , xixi, j/k

and this time i will be in for sure

Feel free to do so.

Happy birthday Greg!

Enjoy your happy birthday Maciek!

We shall get as many people as we can, the more the merrier.

If we're going for sure, I'm gonna get my own marker, I have always wanted a Tippmann A-5 (any voice on that?), maybe this is the time to get it. Paintball is a lot of fun guys, yes, it gives you bruises and hurts, but that's where the fun lies, really brings out ya MANHOOD, hope everybody is...

Hi Vic, I'm very sorry to hear about your experience and my feeling goes out for you, I can understand what you're going through so well, because I had the same lousy experience dealing with the ISSC office this time last year. But, oh well, there's nothing we can do about that , at least...

Happy birthday, wish you best of luck at all fronts!

Well, if the fee didn't change for the program and living expense didn't sky-rocket in the past year, 30k USD should be sufficient, so 50K USD is more than enough, for the first year, which means it should be sufficient for them to issue you the I-20. Couple of things you need to note though ...

Hey Billy, happy B-day, wish you get hotter and hotter day by day;)

1 trillion / 1400 = 714285714 $700m transaction per head per day? ? ?

Happy birthday Jimmy, and best of luck with your life's endeavor!

Woody, could you please post the detailed address of your location please.

Hi Erica, you covered just about all the Greeks in one shot , beauty! Cheers.:thumbsup:

It's late, so my brain is not thinking! So what is the RISK of holding short position in both a put and call on the same underlying? Where the price movement of those two offset each other , but the time decay in both really works for the holder of the short?

Happy birthday, bro, ... ... the bump!

Thanks Curt, very original, reaffirmed some of my doubts , questions and beliefs as a small private "speculator" from a professionals perspective, also broaden my understanding of the role of a trader and the road that can lead to a career in that field. Even though I'm getting ever more...

Congrats too, that something 'else' that you need to do : buy winter clothing.

Congrats on joining in our family.

We no longer have a delete option of our posts?

Put a reference on me so you can get your referral fee, Max. I'm in.

Tons of thanks for all the nice wishes, :prayer: Let's all have a bountiful year this year. Regarding the 'bump', I'd say don't get me involved again, but I'm very happy to watch :smt023

Thanks so much to the GANG ,really timely wish.:tiphat: Warms me inside out in this cold winter. This is a cold winter , right? Being minus 0 for days now.

:smt059 happy birthday to you, happy birthday to you, happy birthday Dear Rushali, happy birthday to you :smt035

I thought I was gonna miss out on this since I'm leaving for winter break; turned out Phat and I have the same departure date. So guess I'm in too. 5) Eddie

Umm, I'm not sure that's the Brits Mr DominiConnor meant ;)

Our teacher - Greg Ciresi is featured on frontpage of Credit http://www.creditmag.com/ Even though Greg's picture is 35% cut off on the cover, he's so distinct from the rest that we will always recognize him. Pay the photographer or maybe the editor more next time so we can see a complete...

Happy birthday big Wiz kid :mrgreen:

Just need to confirm that the following two ways of declaring pointers are equivalent: Type* identifier; Type *identifier; They both declares a pointer called identifier of Type , right?. I came across these two kinds of declarations in different books, it used to be really confusing to...

I thought the required trading strategy is only for registration only, you don't really need to strickly adhere to the strategy you submitted , correct?

Unfortunately Greg has only limited resources to work with - namely one semester, during which he wants us to get the most out of c++. And I was lucky to have a conversation with Mr Greg on the way home today since we both take the Bronx bound 1/2/3 train, and it's not actually 'everything'...

Can't wait to make another post on this very topic even before having my late night dinner... ... Well, I somewhat endorsed Andy's position on the matter based sheerly on his arguments sake, we have elective choices in math and finance courses, why not offer something for c++ willed people...

:smt113 HaPpY bIrTh DaY! Are you bringing us a cake tomorrow :mrgreen:

in Christchurch New Zealand, when i got up at 7ish and watched the breaking new on local chanel, it was already 3 hours after the incident. Moan for those who lost their innocent lives... ... Hope the evil culprits will be punished.

why is it not possible to overwrite or redefine constant RAND_MAX to other values?

I read abou the part on this Could not quite make sense of the part on setting the RAND_MAX, so to translate that into actual code, how to generate a rand between say 1-100, which means need to set RAND_MAX???

does the random number generated in this way have a bound? ... ... and some how my rand() always give me 41 :smt102

say if i have an integer called number, how to get a random value for it when every time i access it? int number = ???? ;

My story... ... I'd start my story with re-telling the story that I sold Dan in my personal statement. It's my childhood dream to one day become a professional on Wall street, and I'm still living with that dream today, it's just that I'm edging ever closer to it in reality since I got into the...

Subject(s) need :smt100 : C++, VBA Subject(s) may offer help: Finance, Maths Collective wisdom is greater than individual talent :smt058

I accidentally got into this neat quant site while I was googling 'lognormal process' and 'BS pricer' for my quiz4, not sure if anyone posted it before... ...it's got many interesting articles in it, books and jobs and stuff... ... http://www.quantnotes.com/

Andy, same question as Frank asked before, is there place we can get it cheaper than listed prices on Amazon for brand new ones? Alain, just where about did you get your cheap <principal of financial engineering> ? Cheers

:smt061 happy bday Bridgett :smt006 am i here in time or what! any celebration going on tonight?

:smt033 Wish mother and daughter the best health and happiness :smt006 It must feel GrEaT being a dad, congrats Dan :smt006 I really love kids :smt007 :) and only dreaming... ... one day :smt061 So I feel really happy for you from the bottom of my heart :smt055

Andy wrote: And what specific plan does Greg have in mind(or in place) to achieve that objective?

Andy wrote So may I presume that currently, the programing skill of our students is sub par compare to NYU, CU MFE guys? And why do you think that's the case? Is it because they've taken candidates with stronger programing backgrounds or because they have stronger programing components in...

Hey Sangfroid, where's your residence located?

hey frank, sorry that i mis-read your line, but hey, you really got me thinking :lol:

Are u sure about that Frank??? :roll: I don't mind you designing one making money for me. lol Count me IN, always interested in trading, and automated trading is something novel to me, like to take on the challenge. ;-) And it would be great if we can snatch all the top prizes, guess what...

Max wrote: Hi Max: so where exactly have you looked? I've been looking at the Craigslist and I've never seen anything i that price range in Manhattan. Please inlighten... ...:smt115

Hey Andy, I'm going to make an application to 'International House' for the rooms there, do you have any advice for me on their services? :D Cheers

BTW, Sangfroid, what kinda of 'woes' did u have? It'd be nice for me to know so that I can avoid it, thanks.

Hi Sangfroid, how long do you have to wait to interview appointment? Do you know what I'm refering here, on the U.S department of State's website http://travel.state.gov/visa/temp/wait/tempvisitors_wait.php, there's an estimate of waiting time for a visa interview and processing time, so does...

Hey Andy, it's really helpful that you list some 'filtered' listings here, I feel more comfortable choose one out of these as it's selected by a local with insightful knowledge, so could I trouble you to keep posting the ones you think are okay, sorry to add extra burden to you. :P Cheers

Hey Sangfroid, 'woes'? what issue are you having ? Try ISSC in the afternoon NY time, I think there's another officer takes over from noon(not sure exactly, but worth a try), and he seems to be a much more helpful staff to talk to.

lol, I think the answer to that is very obvious, similar kinda reason to yours, the facts speak for itself, so I don't wanna start a verbal bash here :D

Hi, Kelvin, I'm a chinese origin and have lived in Auckland for the past 5 years. Visited Melbourne in March this year to do the GRE test during the commonwealth games weekend, a fantastic city, absolutely loved it. Regards

Hi, Andy, you mentioned 'drop out' in your post somewhere, where I can't find. But, wow... ...now I undertand the discrepancy between the number of admitted students and number of graduate each year. :o So, does student voluntarily opt to drop out because they find it difficult or does people...

Hey Kelvin, which part of Australia are you from? Just curious. Good luck with your plan.