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Over the past two years Adelson has made $23.6 million a day—just under $1 million a hour. At that pace he’ll eclipse Bill Gates as the richest man in the country sometime in 2012,(tags: for_TM)
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I just can’t understand why people would choose to make their income this way. Trading hours for the dollar is like the worst possible method of earning a living one can make. Here’s why.
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Darple provides the symmetry, transparency, and fairness of a double auction to buying and selling anything.
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Here’s the weekly scan. As always, the goal is to spot the stocks that move the most during the day, lately, and also trade a large number of shares.
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It's true that such mistakes are colossally stupid. But when smart people keep making the same stupid mistakes, it's safe to conclude that idiocy is not the only factor at work.
links for 2006-09-25
Essential Reading
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