Why The Market Has Got It All Wrong And Why I'm Doubling Down Into The Alibaba IPO The selloff in Yahoo post poor earnings is a typical example of Mr. Market's short-sightedness.Given already implied bargain-basement valuations, the current move implies Yahoo core business lost ~90% of its value overnight.The renegotiation of the Alibaba stock sale alone adds $1.5 per share to the SOTP case.With worst case now more than priced into the stock, YHOO looks a very asymmetric ...
From August 1, 2014, MetaTrader 4 desktop terminals older than build 600 will no longer be supported. However, many traders still work with outdated versions and are unaware of the updated platform's features. We have put a lot of effort into development and would like to move on with traders and abandon the older builds. In this article, we will describe the advantages of the new MetaTrader 4. More...
India's forex reserves rise by $1.38 billion India's foreign exchange (forex) reserves rose by $1.38 billion to $314.92 billion for the week ended June 20, led by a sharp jump in overseas currency assets, the Reserve Bank of India (RBI) data showed. The reserves had increased by $950.9 million to $313.53 billion for the week ended June 13. According to the RBI's weekly statistical supplement, foreign currency ...
*With the right mods. Last year’s mega-blockbuster Grand Theft Auto V, recently announced for PC and the new consoles, has been given a fresh perspective, courtesy of the modder XBLToothPik: a first-person script. While you’ll need the Xbox360 version of GTA V and significant technical expertise to pull this one off, it’s a great preview for what will likely be far more accessible such mods on the PC version ...
Here are a few interesting ideas gathered this weekend: * Here's a post that caught my eye on the Dunning-Kruger effect--a cognitive bias in which people who don't know tend to also not know that they don't know. This excellent article puts the DK effect into context and makes the observation that experts are more likely to accurately assess their level of knowledge and success--and even modestly understate their gifts--relative to those ...
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