d*******g
发帖数: 1978 | 1 今天这个价格让我也没搞懂。我觉得是misprice。不过回到4.5问题不大。
等会我吧早饭吃完了，上分析。 |
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j**s
发帖数: 1518 | 2 David Einhorn maintains that Tesla is mispriced by a significant amount, but
concedes that he isn't sure when investors will shift their focus from
Tesla's innovation to profitability.
我感觉现在拍脑袋买tsla的应该不少。Einhorn有可能错了，但是我不喜欢和大牛作对 |
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s******s
发帖数: 1793 | 3 Here's a league table of 30 of the biggest trading losses of all time (
excluding CDO losses post 2007).
1. Amaranth Advisors (Brian Hunter) - $6.5bn (Gas futures) 2006
=2. Bank Negara Malaysia - $6.2bn (mostly currencies) 1992-93
=2. JPMorgan - $6.2bn (Synthetic Credit Securities)
4. Societe Generale (Jerome Kerviel) - $5.9bn (European index futures) 2008
5. Long Term Capital Management - $4.6bn (Interest rate and equity
derivatives) 1998
6. Credit Suisse - $2.65bn (mispriced debt securities) 2... 阅读全帖 |
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s******r
发帖数: 9 | 4 我觉得再等等，8k马上过期，之后的房价肯定有一段时间mispriced |
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M********8
发帖数: 3837 | 5 你老一个周末开车都转一次，不就清楚了？弯曲好点的学区，尤其是Palo Alto这种地
方，每条街道上房子的价值都被研究得很清楚，附近什么公寓廉租屋全都priced-in,
街头跟街尾的价值都会有分别，比BBS上面问人有用多了。问人只能有个大方向，细节
全部要靠自己研究。总之弯曲中心区域的房价是个perfect competition, 不会有什么
deal, 更加不会有什么misprice, 多少人虎视眈眈专注着。 |
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t******g
发帖数: 17520 | 6 TMD， 下单是还有， 被取消了
Hello,
We're contacting you about order #XXX-XXXXXXX-XXXXXXXX. Unfortunately, we
recently discovered that an error caused the following item(s) to be
displayed at an incorrect price:
XXXXXXXXXXXXX
In this case, we're unable to offer this item for the incorrectly posted
price. Therefore, we've cancelled your order for this item.
At any given time, despite our best efforts, a small number of the millions
of items on our site may be mispriced. We're very sorry for this
disappointin |
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d*****e
发帖数: 16730 | 7 我要到了
roc快去试吧
Hello,
I'm sorry, but the $49.99 price that was listed for the "Call of Duty: Black
Ops" was actually an incorrect price. At any given time, despite our best
efforts, a small number of the millions of items on our site may be
mispriced. We do, however, verify prices as part of our shipping procedures.
Since this was an error on our end, we'll honor the price of $49.99 for this
order. A detailed summary of your adjusted order can be found here:
.
lower
current |
|
c*******g
发帖数: 636 | 8 Hello,
We're contacting you about order #103-6262952-8034631. Unfortunately, we
recently discovered that an error caused the following item(s) to be
displayed at an incorrect price:
B0043VE26U
In this case, we're unable to offer this item for the incorrectly posted
price. Therefore, we've cancelled your order for this item.
At any given time, despite our best efforts, a small number of the millions
of items on our site may be mispriced. We're very sorry for this
disappointing news.
We value your |
|
N*****e
发帖数: 2573 | 9 We're contacting you about order #106-0944666-7149829. We recently
discovered an error that caused the following item(s) to be displayed at an
incorrect price:
Sony a7R Full-Frame Interchangeable Digital Lens Camera - Body Only
In this case, we're unable to offer this item for the incorrectly posted
price. Therefore, we've cancelled your order for this item, and you haven't
been charged.
At any given time, despite our best efforts, a small number of the millions
of items on our site may be mispr... 阅读全帖 |
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B*********h
发帖数: 800 | 10 ☆─────────────────────────────────────☆
Helsinki (Helsinki) 于 (Sun Aug 27 22:14:48 2006) 提到:
最后几个星期的时候, LTCM为了借钱, 不得不让高盛查帐, 于是所有人都知道了LTCM的
position, 于是所有人都想赶在LTCM的前面把这些position卖掉, 为什么LTCM自己不卖
, 坐在那里每天损失几千万美金呢?
请指点.
☆─────────────────────────────────────☆
Angel (On leave) 于 (Sun Aug 27 22:19:53 2006) 提到:
Actually their strategy is based on the convergence of mispriced securities
to its fundamental value.
The lower those positions are selling, the better the potential profit.
的
卖
☆───── |
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b**g
发帖数: 335 | 11 原文刊於Institutional Investor (March 2007)
WHEN DAVID SHAW turned 50 in 2001, he paused to take stock
of his life. D.E. Shaw & Co., the New York-based investment
firm he had founded more than a decade earlier, was thriving.
Its core business -- a quantitative-based hedge fund that
relies on sophisticated computer-driven algorithmic models
to find mispriced securities -- had grown from $28 million
in 1988 to more than $3 billion. But Shaw, who has a Ph.D.
in computer science from Stanford University |
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s**a
发帖数: 178 | 12 不全对, sell-side是做产品卖给客户, 包括sales/structuring/sales trading/
syndicate等等. pricing只是里面的一部分(产品做出来以后定价 才能卖出去)
buy-side买这些产品然后根据不同的strat和需求靠hedging和trading between
mispriced securities来赚钱的,银行里面的dealer desk算sell-side, 而proprietary
trading 's desk/principal investment(backed by the bank's own balance sheet
)/internal hedge funds(GSAM/CSAM/BSAM)都是buy-side
通常来讲 sell side学的是产品, buy side学的是trading strategy.而且因为sell
side人多, 往往会好进一些. 最终大部分人还是想去buy side,可以有自己的book和pnl
, take positions, 而buy side往往bonus(percent |
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i*****r
发帖数: 32 | 13 google了一下，好像大致意思就是说标的stock index的价格 和 future 的价格有
misprice, 然后一买一卖，进行套利。 但是还是很模糊，谁能给介绍一下啊。
谢谢 |
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s*******0
发帖数: 3461 | 14 from the article I read
the most used method for calculation corr is the kendall tau and it will not
approach zero
let us assume that some one use the assumption that corr is zero
and then cause the mispricing of the credit default swap.
it is the fault of assumption, not the fault of the copula
Not to mention the fault of David Li:P
I may read the paper of david li and thanks for all the replies:) |
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p****u
发帖数: 2596 | 15 我觉得market还是efficient的。。概略上来说轮不到不了解细节信息不做细节分析的
散户来take mispricing. |
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L*******t
发帖数: 2385 | 16 谢谢回复！
是不是ATM交易最活跃，OTM和ITM很清淡？我做option pricing是学术上的讨论。希望
找到一个模型，能对cross sectional的data有一个较好的描述，并且对Impl Vol的
dynamics也能一定的吻合。。
我做的所有的尝试，都是DOTM的模型价显著小于市场价，而且随着Strike的增大，模型
价格的decay比市场价格的快很多。我在想是不是在有尾部的implied distribution还
有一个小峰还是啥的。。
如果试图match DOTM的价格，则会产生很高的ATM价格。所以我觉得这个是一对矛盾。
我想知道option traders是怎么去list他们的价格的，用啥模型？因为很无奈的是，我
们总是让模型去match市场，市场价格最大，而不是去找mispricing。可能是因为谁也
没有自信自己的模型就是最好的？ |
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p*u
发帖数: 2454 | 17 http://www.bloomberg.com/news/2014-07-21/renaissance-avoided-mo
"
A Renaissance Technologies LLC hedge fund’s investors probably avoided more
than $6 billion in U.S. income taxes over 14 years through transactions
with Barclays Plc (BARC) and Deutsche Bank AG (DBK), a Senate committee said.
The hedge fund used contracts with the banks to establish the “fiction”
that it wasn’t the owner of thousands of stocks traded each day, said
Senator Carl Levin, a Michigan Democrat and chairman of the Perman... 阅读全帖 |
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L*******t
发帖数: 2385 | 18 而且你会觉得，有一些事情都是矛盾的。
就像structural和reduce form models一样，一个fit市场数据，却不能identify
mispricing，一个理论上比较完备，可是用起来却一塌糊涂。
我觉得应该结合业界的需要去做研究，这样才好。
无奈金融世界越来越复杂。。。 |
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L*******t
发帖数: 2385 | 19 用这些模型calibrate，如何判断是市场价格mispricing还是模型的问题啊？ |
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w*******y
发帖数: 60932 | 20 Verizon Wireless wants $180 with a 2 year contract for this. Retail on the
phone is $499.99 without a 2 year contract. They offer a squaretrade
warranty, but decline it and do it yourself through squaretrade. There are
coupons for 30% off still active. They have many other carriers and phones.
The Verizon phones seem much cheaper then through Verizon. If you like
this deal don't forget to thumbs up and rep
Link:
http://www.letstalk.com/product/productpop.htm?prId=38771
Standard - FREE
2 D... 阅读全帖 |
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p*****0
发帖数: 3104 | 21 【 以下文字转载自 Stock 讨论区 】
发信人: jamestaylor (青蛙斩无赦), 信区: Stock
标 题: 跋涉股市
发信站: BBS 未名空间站 (Wed Jul 14 17:38:50 2010, 美东)
先申明本文只是个人投资心得，不是投资建议。
在上文中，我介绍了我的选股三原则， 即丈母娘原则，终值至上原则， 和应对而非预
测原则。下面谈谈我的具体操作方法， 即所谓战术。
毛主席教导我们说 “战略上要藐视敌人，但战术上要重视敌人”。本着这一方针，我
的核心思路是战略要简单且不变，但战术要灵活而多样。战略决定买什么股，战术决定
何时买及买多少。相对于战略，战术要复杂一些。我的目标是 15-20% annual return.
如果你希望 20+% return ，你可能要失望了。
一 选择估价模型
现代 business evaluation 理论提出了许多估价模型， Discounted Cash Flow (DCF)
, Enterprise Value, Liquidation Value 等等。我个人比较偏爱 DCF 模型。准确估
算一家公司的内在价值... 阅读全帖 |
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g******0
发帖数: 1165 | 22 By Jordan DiPietro
July 20, 2010 | Comments (13)
The best opportunity in a decade?
I know, the headline sounds outrageous. Considering that China's growth is
slowing, that the U.S. recovery is stalling, and that the EU is constantly
under financial fire, there doesn't seem to be a plethora of opportunities
out there.
After a spectacular rally in 2009, the S&P 500 has dropped by about 5% so
far this year. Almost no sector or asset class has been spared. But trust me
are trading at dirt cheap pri... 阅读全帖 |
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t**u
发帖数: 1572 | 23 http://seekingalpha.com/article/286770-dendreon-s-plunge-no-sho
Dendreon (DNDN) shares have been absolutely decimated in the past month,
with shares falling almost 75% from $40 at this point last month to $10.37
as of this writing. The majority of the loss came as the market digested the
company's latest disastrous earnings report, which included a huge revenue
miss and a removal of the company's previous revenue guidance. Analysts
punished the company with a wave of downgrades, and the stock co... 阅读全帖 |
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