Do all the "captains" at MRP wear those nifty hats like Daryl Dragon and the Skipper from Gilligan's Island to remind everyone of their important family leadership roles?
@GayLubeOil Isn't that the EC who advised a guy whose ex-wife had made false abuse allegations against him to start going to church with her? It doesn't surprise me he is defending JP. He shouldn't be an EC.
@MentORPHEUS That's a good point about whether the goodwill write down was used to obscure fundamental business issues next year. As I recall, the write down was around 6 months after the campaign. Competition and management complacency are hurting Gillette. It takes some doing to screw up the prime competitive position it formerly held. They basically sat back and let all these upstarts enter the market and take share and waited far too long to react. It will remain a nice business for P&G but won't have the status it formerly did.
@destraht Isn't Romney's chief aide from his 2012 campaign currently on the board of Burisma? It would explain why he's been so quiet about Ukraine. He's normally not far from a microphone of a mainstream media outlet eagerly bashing Trump to try to get a pat on the head from those who despise him.
@Caldero Empathy is not a trait I would ascribe to most women. Get sick or lose a job then tell me how much empathy women have for you.
@TwoInchesOfShaft No, your assumption isn't correct. Women absolutely get bored after a few years into a relationship. That doesn't mean they'll act on it but they definitely lose attraction to their partners. Some men can't accept that, and so they twist it into women lose attraction because the man doesn't act alpha enough, doesn't do enough chores around the house, let himself go, etc. That's simply not true. After a period of time, women want something different. Maybe they act on it, maybe they don't, but the notion that you can alpha your way around this trait of women is only believed by naive children and the delusional tradcons at MRP.
@redpillschool I don't think Page was doing much day to day. Top story on CNBC this morning. Search is a splendid business but most of the other businesses Alphabet is developing are cash drains.
Easier for cash than stock mergers. Here's a good short piece on how most option arb is done. It's all about "vol smile"
alphaarchitect.com/2018/01/25/a-quantitative-strategy-for-enhancing-merger-arbitrage/
@itiswr1tten With merger arb using shares of stock, I don't care if the acquirer is overvalued or if the target is undervalued. I only look at the spread and likelihood that the deal will close. If you use options instead, don't you need to estimate the fair value of each option to make sure they sufficiently follow the movement of the underlying shares? In doing this, do you compare implied volatility to historical volatility, or some similar standard?
Options work more effectively in a large spread, because you can more comfortably collect premiums on your written side through a collar strat. You also generally have long closing time line which provides a decay hedge.
