I watched HBO's series, "The Pacific," this spring, was disgusted beyond belief at the cruelty and death of the war in the Pacific. At the end of the last episode they updated the lives of the men that The Pacific was based upon. Most had survived the war, but not life and as I read about their ordinary, mundane lives after the war and of their respective deaths in the years at the end of the 20th century, my eyes welled up in sadness, in gratitude, in recognition of my own mortality. These were ordinary men thrust into an extraordinary theater of slaughter. Now they are mostly gone and it is up to us to remember, so that as my people so stridently proclaim, "Never again."
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God Bless them and all our Warriors!!
Flaws of Market Capitalization Indices
Since the beginning of modern portfolio theory that started back in the 1950s and 60s, one of the main premise was the the “markets were efficient”. By market, the academic meant a market weight capitalization index. In theory, a market weight capitalization index was easy to construct since the only variable was market cap. In fact, till this day, this has become the most common way indexes are calculated. Having said that, there are flaws in this methodology.
He makes a side comment about sovereign bonds that might have implications for Nassim Taleb's short Treasuries trade--viz., TYO & TMV--which Allan is likely to showcase at some point.
An idealist is one who, on noticing that a rose smells better than a cabbage, concludes that it will also make better soup. ~ H. L. Mencken
So many young lives lost to war, evil, the holocaust-"Never Again"-but it still goes on-The thing about History is that we never learn from it.All these young, never to live life, or become fathers, never too have children, broken hearted,leaving destroyed parents for life. The evil haters,never think of this supreme human sacrifice made with so much courage by these brave souls? How tragic, wasteful, and so sad.Life is often cruel and unfair.
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