Re: Autism, brain damage and cooperation

2002-07-14 Thread john hull
--- Bryan D Caplan [EMAIL PROTECTED] wrote: Actually, I was thinking about kids' amazing ability to learn languages, which involves massive memorization. Language learning is a hard-wired trait--another well established fact. Kids pick up language automatically from their environment. Some

lumpy decimals

2002-07-14 Thread john hull
Howdy, Now that the NYSE has gone to trading in decimals, does anybody actually negotiate to the penny? While I'm afraid that my reasoning is obvious, here's why I ask anyway: Negotiating to the penny is expensive, and it may be worth a few cents to get the trade over with and move on. Once

Defense of Free Trade

2002-07-14 Thread John Jernigan
What is the best overall, relatively comprehensive (i.e. not just an intro to the basic principles) book arguing for free trade/globalization? I've been trying to look around amazon.com, but most of the recent stuff (Globalization and its Discontents for instance) seem to be describing the

Re: Defense of Free Trade

2002-07-14 Thread Fred Foldvary
What is the best overall, relatively comprehensive (i.e. not just an intro to the basic principles) book arguing for free trade/globalization? John Jernigan One of the best books arguing for free trade remains the classic by Henry George, Protection or Free Trade. Fred Foldvary = [EMAIL

Re: Why do people pick stocks?

2002-07-14 Thread William Dickens
There is another reason howevr. Even the lowest cost index mutual funds have more overhead then you are going to have if you use a discount broker and buy and hold (and they hide these costs Who is the they - mutual funds or discount brokers? And how are they being hidden? I've been told by

Re: options for employees

2002-07-14 Thread Joel Simon Grus
OK, so after everything I wrote yesterday, I saw this article this morning: http://reuters.com/news_article.jhtml;jsessionid=RXNPH5PSAYMYKCRBAE0CFFAKEEATGIWD?type=businessnewsStoryID=1198165 Coca-Cola said it would expense all future stock option grants based on the fair value at the date

Index mutual funds

2002-07-14 Thread James Haney
If I want to buy shares in the 500 or so companies on the SP 500, I'll be looking at commissions of at least $3000, right (unless I have a commissionless trading account, which requires a minimum balance of $500,000 or so)? If I hold those stocks for 20 years without ever rebalancing, that's

Re: Index mutual funds

2002-07-14 Thread William Dickens
[EMAIL PROTECTED] 07/14/02 14:19 PM If I want to buy shares in the 500 or so companies on the SP 500, I'll be looking at commissions of at least $3000, right (unless I have a commissionless trading account, which requires a minimum balance of $500,000 or so)? If I hold those stocks for 20

Re: Index mutual funds

2002-07-14 Thread Fred Foldvary
If I want to buy shares in the 500 or so companies on the SP 500, Should I not invest in stocks at all until I've raised that much money just so I can save on commissions and fees? James Why not just buy an SP index fund? I've read in the Wall Street Journal that exchange-traded funds are

Re: Why do people pick stocks?

2002-07-14 Thread Fred Foldvary
--- William Dickens [EMAIL PROTECTED] wrote: There is another reason howevr. Even the lowest cost index mutual funds have more overhead then you are going to have if you use a discount broker and buy and hold ... But it is not wise to just buy and hold. Firms can decline and collapse, as we