PeakTrader.com

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PeakTrader:

Morganovich, I never said you’re Marque. who knows much more about economics than you and the other clown, Givemefreedom, has ever shown.

You two just don’t realize how stupid you are not only in economics, but also in making money.

My website was built for free by a classmate at CU-Boulder, who majored in Computer Science.

The trading portfolio, you cited, is not a retirement account (my retirement account is doing just fine), it’s a high risk account.

Your responses show you don’t understand how to hit it big, e.g. buying RMBS calls a month before it rocketed, from 70 to 470 in three weeks, or trading IMCL calls for six months making over a 40 times return, and getting out at the right time.

Moreover, you never had over 200 clients where your expenses were less than $5K and your revenue was well over $100K for several years or managed private accounts for big fees (I still have five StoresOnline unused licenses, for example, that I can use to link my site again, although that’s not where I got most of my clients).

Your responses reflect more ignorance in your pathetic lives.

Yes, I’m going to save your comments and mine to show what type of people you are and cut & paste periodically. Also, I’ll add more detail to reveal the extent of your stupidity, and pathetic lives, particularly at making money, although you do a great job of that yourselves.

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I should’ve saved Morganovich’s comment when he said my stocks go up many multiples more than the market, and when the market goes down, I hardly lose anything. I’ve been outperforming the market by many multiples for over 10 years. LOL

I don’t try to find new fools like Morganovich. The people who invested with me knew what they were getting into, i.e. risk little to make lots or lose little. And, almost all of them hit it big at least once.

Do I hear more shrills of “liar” “fraud” “cheat” from Morganovich yet? LOL

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Here’s Morganovich’s comment about himself, which he’s full of:

“i beat the market over the last 10 years by several multiples, after fees. i know lots of guys who did.

it’s not luck. it’s skill, talent, and hard work.

fama’s (the guy who won the Nobel Prize and contradicts everything Morganovich’s says) “you cannot beat the market on a risk adjusted basis” is false. you can, lots of us do it.

construct a pool of assets that provides multiples of the return of the dow over 10 years while having maximum drawdowns of less than half of those experienced by the market.

so yo uget much bigger gains and much smaller losses.

i run one and we did just what i described.

you seem pretty determined to prove that fish can’t swim.”

http://www.aei-ideas.org/2013/10/investment-fact-of-the-day-in-honor-of-eugene-fama/#comments

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And, Morganovich, I didn’t, and wouldn’t, go outside of this blog to talk about things I didn’t understand and make up a narrative.

Moreover, you can’t fool me, because I actually worked in corporate investing and mutual funds, along with running my own investment business.

Just because I haven’t done stock research in years, because I don’t need to, and the closed site is basically on autopilot and used to save info, doesn’t mean I don’t understand your comments are BS.

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Morganovich, your statements are also illogical. LOL

You’ve been playing games, since you’ve been on this blog.

And, I’ve never posted my website on this blog. You felt, like Givemefreedom, you had bring my site on this blog just to attack me with your ignorance and incompetence.

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Methinks, like Morganovich, you don’t even realize your strategies can underperform as much as outperform the market.

If you don’t believe me, maybe you’ll believe Fama, who won the Nobel Prize, although I doubt it.

You’ve never said anything of value. So, I can only assume you’re not worth much. Maybe, you should look for a real job, rather than playing zero sum games, at best.

What you have in common with Morganovich is no class and lots of disrespect. You’re just two pathetic people.

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And, you’re not only delusional about investing, you’re delusional about economics. You’d be crying after every quiz and test, while Morganovich will be taken away on a stretcher after his first class.

LOL

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Anyway, no one can correct all of the Morganovich family delusions. So, have fun with your delusions

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Complete Morganovich Comments:

http://www.aei-ideas.org/2013/10/henry-hazlitt-on-the-fallacy-of-government-stimulus/#comments

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PeakTrader:

These wacko libertarians, who got Obama reelected, are worse political hacks than any liberal, including Krugman.

They know no bounds when looking for dirt on someone they don’t like and when they can’t find any, they create it. They believe if they repeat lies long enough, they’ll become true.

They can’t defend anything they say one-on-one. So, they have to gang up on you and try to drive you out of this blog.

What I’ve seen of libertarians is intolerance and destruction, along with lots of politics.

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Vic, yes, they’re rigid ideologues. Sort of like suicide bombers.

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Vic Volpe:

I don’t know where the comments on the cost of capital are coming from. Obviously somebody doesn’t know what the cost of capital is for the Fed Govt.

From the ‘60’s through the ‘80’s, the general guidance the Fed Govt used was 10% for a discount factor in present value analysis. This figure was arrived at after a study of large corporations in America. The study determined that large corporations had a cost of capital of 12% (i.e., a real rate; the nominal rate was (I believe) 35%); and, since the Fed Govt didn’t pay taxes, the appropriate discount rate for the Fed Govt would be 10%. In the early ‘90’s this was lowered to 7%.

The object in capital budgeting is to get the lowest cost of capital so that one can have more investment opportunities, seek projects with a PV above capital costs, and exploit this to your advantage. Here sits the Fed Govt with a discount rate that’s 20% lower than Corporate America.

You want to make an argument for the inefficiency of Govt; well, talk to someone who was the commander of a defense installation that cuts a lot of contracts, especially locally. I think they will tell you that they had guidance to stay on friendly terms with the local community, help the local economy, and not to take on projects where the installation would be competing with the local economy. Local business people would usually complain that the Govt had an unfair competitive advantage in price. Of course, in other matters, over a beer at the local pub, they would tell you Govt employees are paid too high compared to the locals and that the Govt paid too much for its supplies, materials, and services. So go figure about where the unfair advantage comes from.

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More Vic Comments:

http://www.aei-ideas.org/2013/10/henry-hazlitt-on-the-fallacy-of-government-stimulus/#comments

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PeakTrader:

Morganovich, only your rigid ideology and cute little games are “clear and comprehensive,” at least to me. The problem with you libertarians is you’re just as political as liberals, except you drive rational voters to an Obama-Pelosi-Reid government.

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