Whoever tried stealing this ingenious thread should fail ethics.
lol
This artsy chick was like, “stop talking in NUMBERS. Not everything is math!”
I asked, “What’s the p(x) we kiss at the end of this conversation?”
She said, “Probably 0”
I said, “You’re just my type ;)”
She asked, “What type?”
I said, “Type II”
Econometrics 1, Liberal Arts 0!
Subsequent division took place thereafter. ROR? A Very, very positive independent variable, ceteris paribus ofcourse.
In Lagos?
Cobb Douglas was checking out this girls box spread the other day. Her assets were undervalued by the general market due to her ex, Tobins Q, spreading rumors about her being less than a 1 on a scale of 1-10 in bed. Cobb ended up with a ridiculous gain and increased his interest rate volatility inside her, which increased the yield spread over her sweet delicious treasury. The spread duration was about 5.4…a new record for him and he went home to tell his pal Yardeni that you dont need to incorporate long-term earnings growth to relatively value her stock and outsize your return all over her beta. Yardeni was sad that his model was flawed and decided he would beat his own index. Given Cobb’s previous relations with Monte Carlo he offered up his benchmark to Yardeni. After executing, they decided to venture out and seek some long butterflies as they were no longer about the homogenous lifestyle. Cobb found said butterfly as his strategy was ITM and left Yardeni in the streets begging for LIBOR +450. Cobb’s new asset class was named Miss Match…she was famous for providing minor and large risk factor mismatches to paying clients…soft dollar payments accepted. After deciding her strike was investment grade, Cobb floored her notional principal and swapped her around for a number of cycles. They negotiated a semiannual payment and he went on his way.
Can candidates keep this going please? Thanks.
Seriously…dont let this die.
With everyone freaking out and having panic attacks over meaningless error codes, I thought it to be an opportune time to bump a stress-relieving thread… BUMP
Cobb Douglas finally went on his well deserved vacation to Monte Carlo. CD is a risk-seeker and naturally spends most of his time in the Monte Carlo casino. One day he was approached by a skewed dude dressed with nothing but a a weird collar, who told CD about some backroom-OTC distressed debt games. At first, he wanted to decline the increasingly volatile fellow’s tender offer, but then he remembered his New Year’s resolution to fight his conservatism bias and accepted the invitation. Being led through a unsecured door CD couldn’t see a quarter (yard) ahead. Suddenly he was knocked out and out of options. When he was out of the conciousness, he sensed being put into a bathtub and called Durbin Watson. Locked in a status quo and unable to pursue an active strategy, his only option was to use his anal(ysis) skills and distribute a strong report on the gas industry. The person in the collar noticed the report and injected a second round of chemicals into CD’s vein. CD quickly felt the early expansion in his motor skills and noticed that he now was on the floor only dressed in a base cap. The guy in the collar introduced himself as Hansen and apologized honestly for CD’s market neutral evening that he caused. Hansen explained how Watson was making fun of his small endowment, a fact that was material nonpublic information, and how Hansed had crafted an elaborate plan to permanently short Watsons ability to expand his straddle. Having cleared the unfair dealing, CD gave Hansen a bear hug and and randomly walked through the peaks and troughs of Monte Carlo’s street untill he was at the docks. He entered his special purpose vehicle and sailed out into the blue ocean, as his vacation has expired anyway.
^ I’m willing to bet that this guy is on some sex offenders list
Not the kind of praise I expected for my creativity…
lol, dont mind me. At least you tried.
Wow - solid submission, Highway!
Some insightful reading for you L3 peeps before the site goes ‘read only’
It’s been 4 years! we need to bring Cobb Douglas back!!
NANA
you know why? Coz top-down is slow to detect inflection points
At Nina’s behest, and invigorated after a single stage, short term hiatus from AF, Charlie Cobb & Paulie Douglas materialized directly from the MVO frontier at Shibuya train station in Tokyo with the help of Scottie; their mission - to locate the ever loyal mutt Hachiko.
Dressed Sharpe-ly, the duo correlated their efforts to locate the prized asset, and thus, despite the heightened volatility, they widened their search through Shibuya’s corridors. However, given their risk aversion and Plan surplus and due to the twists and turns of Shibuya’s interesting curves, Charlie & Paulie decided to contingently immunize their search by cash flow matching their functional calls of " YA KαLβ" as they calculated the present value of the future value of their prized asset’s surplus.
Unfortunately, their inputs were not constantly returned to scale, so their output elasticities rebelled against Solow the Wise, who had originally organized the perfect competition to locate Hachiko. With the duration of their search increasing, Cobb and Douglas desperately barked orders to short Nikkei bond futures in the hopes of mimicking Hachiko’s liabilities. However, their modified duration estimation contained model and input risk arising from information processing errors that were not moderated and consequently they had to desist their active management and switch to classical immunization.
im bookmarking this thread!
I miss these days