Generational Dynamics Forum - New Site

http://news.sharpspixley.com/article/la ... on/260055/

Turing originally suggested that the machine would convince a human 70% of the time after five minutes
https://www.youtube.com/watch?v=qMByTQX6eA8

“It ruined my experiment,” says Sharot, but she realised that people have an inherent bias towards optimism. “They imagine the future to be better than the past,” she says.

That sort of optimism bias, which Sharot calculates exists in 80% of the population regardless of culture or country, helps people get motivated in the first place. Studies also show that optimists live longer and are more likely to be healthier. Positive thoughts, she says, can also become a self-fulfilling prophecy.

https://finance.yahoo.com/chart/SH#eyJj ... ciOnRydWV9

http://gdxforum.com/forum/search.php?ke ... sf=msgonly


Ye shall know them by their fruits. Do men gather grapes of thorns, or figs of thistles? Even so every good tree bringeth forth good fruit; but a corrupt tree bringeth forth evil fruit. A good tree cannot bring forth evil fruit, neither can a corrupt tree bring forth good fruit. Every tree that bringeth not forth good fruit is hewn down, and cast into the fire. Wherefore by their fruits ye shall know them.

Not a red or blue issue.

http://www.financial-edu.com/total-return-swap-trs.php
In the last 10 years, hedge funds and special purpose vehicles have become a major force in the TRS market. Now the most common use of a TRS is for "leveraged balance sheet arbitrage", whereby a hedge fund lacking a large balance sheet and seeking leveraged exposure to particular assets pays for that exposure by "leasing" the assets from a major bank, mutual fund, or securities dealer. The hedge fund hopes to generate high asset returns without having to tie up its capital by buying those assets for its own account. The bank, fund, or dealer hopes to generate additional cash flow by charging a spread over and above the market returns it receives from lending or other activities, and receiving a guarantee against depreciation of the assets.

Most shorted needs no introduction at this point as the world moves on.
S&P 500 Index Swap Citibank Na N/A 24.42%
S&P 500 Index Swap Bank Of America Na N/A 21.07%
S&P 500 Index Swap Goldman Sachs International N/A 20.12%
S&P 500 Index Swap Credit Suisse International N/A 15.20%
S&P 500 Index Swap Societe Generale N/A 8.12%
S&P 500 Index Swap Ubs Ag N/A 5.81%
E-mini S&P 500 Dec16 N/A 4.24%
S&P 500 Index Swap Morgan Stanley & Co. International Plc N/A 1.05%

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