lumpy decimals

2002-07-13 Thread john hull
Howdy, Now that the NYSE has gone to trading in decimals, does anybody actually negotiate to the penny? While I'm afraid that my reasoning is obvious, here's why I ask anyway: Negotiating to the penny is expensive, and it may be worth a few cents to get the trade over with and move on. Once par

Re: Autism, brain damage and cooperation

2002-07-13 Thread john hull
--- Bryan D Caplan <[EMAIL PROTECTED]> wrote: "Actually, I was thinking about kids' amazing ability to learn languages, which involves massive memorization." Language learning is a hard-wired trait--another well established fact. Kids pick up language automatically from their environment. Some

Re: Why do people pick stocks?

2002-07-13 Thread Bryan D Caplan
William Dickens wrote: > > >Ie, why do people accept lower returns just for the >privilige of > >picking the stocks themselves? > > Mostly because they believe they are smarter or more knowledgable than average and >will outperform the market. I know some very sophisticated people who believe t

Re: options for employees

2002-07-13 Thread Joel Simon Grus
> 1a) In the market, the owner of a stock can "write" a call option on stock he > owns, meaning a buyer pays the stock owner a market price for the option. > The option buyer is paying for the rights to the future gains from the > stocks, the stock owner giving up rights to the gains. Well, you

Re: Why do people pick stocks?

2002-07-13 Thread Noel Campbell
Dr. Noel D. Campbell Asst. Prof. of Business Administration North Georgia College & St. Univ. Dahlonega, GA 30597 (706)864-1621 >>> [EMAIL PROTECTED] 07/13/02 09:52 AM >>> >Ie, why do people accept lower returns just for the >privilige of >picking the stocks themselves? >Mostly because they belie

Re: Autism, brain damage and cooperation

2002-07-13 Thread Anton Sherwood
> fabio guillermo rojas wrote: > > It's well documented that long term memory is nil for children less > > than five years of age (doctors call it "pediatric amnesia") and > > is very spotty until about 12. Maybe children can remember strings > > of numbers well in labs, but they can't remember th

Re: Why do people pick stocks?

2002-07-13 Thread William Dickens
>Ie, why do people accept lower returns just for the >privilige of >picking the stocks themselves? Mostly because they believe they are smarter or more knowledgable than average and will outperform the market. I know some very sophisticated people who believe this (and at least some of them hav

Re: Why do people pick stocks?

2002-07-13 Thread Vincenzo DellOlio
Hi All! Here are few more reasons why people pick their own stocks: 1. You can control you own taxes. There is nothing worse than buying a mutual fund right before a distribution! 2. You can easily monitor your portfolio of stocks and understand why each stock has gone up and down. To understand wh

RE: Autism, brain damage and cooperation

2002-07-13 Thread dianne sy
>It's well documented that long term memory is nil for children less >than five years of age (doctors call it "pediatric amnesia") and is >very >>spotty until about 12. Maybe children can remember strings of >numbers well in labs, but they can't remember things from a year or two >ago terrib

Re: Autism, brain damage and cooperation

2002-07-13 Thread Bryan D Caplan
fabio guillermo rojas wrote: > > > Come on, Fab - pointing out examples of brain differences explaining > > behavioral differences is hardly convincing evidence that brain > > differences are the right explanation in this case. > > My point is that behavior is more than cost-benefit calculations

Re: Autism, brain damage and cooperation

2002-07-13 Thread Bryan D Caplan
William Dickens wrote: > > >Come on, Fab - pointing out examples of brain >differences explaining > >behavioral differences is hardly convincing evidence >that brain > >differences are the right explanation in this case. > > Hey Bryan, don't you know the plural of anecdote is data? Seriously, th