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It seems to this author that one of two possibilities lie ahead of us.

in fifa 16 coins ps4 03.12.2016 08:51
von zhangwl • 817 Beiträge

Ozzie Downplays Psyche Of Struggling Players - RealGM Wiretap Ozzie Guillen believes the best way for the Marlins to produce on the field is simply to stop worrying about their struggles. "I don't believe in psyche Sami Khedira Jersey ," Guillen said. "I just believe in good clubs. Great players don't need psychiatry and psyche or a shrink. [Bad] players do. I never saw Pete Rose talking with any psychiatrist. Paul Molitor, and all those guys, they're talking with nobody. And all the [bad] players, they need a psychiatrist or a guy next to them to talk about it. "The last five years, seven years, you see a lot of this in baseball. When players fail, they need a doctor. When managers or coaches fail Paulo Dybala Jersey , they need another manager. They get rid of our [butts] quick. Players are making an excuse with a shrink every day. How about an excuse when they're 4-for-4, they only got a shrink when they fail." Miami was expected to contend this season, but they entered Saturday 33-38, more than eight games back in the National League East. Rivera Has More Blown Saves Against Red Sox Than Any Other Team - RealGM Wiretap
Mariano Rivera blew an important save against the Boston Red Sox on Thursday night as the New York Yankees battle for a Wild Card spot in the American League.


The Red Sox were down to their final strike when Stephen Drew hit a game-tying single off Rivera. Shane Victorino won the game with a go-ahead single in the 10th inning.


Rivera, who is baseball's all-time saves leader, has blown 15 saves against the Red Sox -- far more than any other club. He has blown nine against the Orioles, eight against the Angels and six against the Blue Jays.


In 113 appearances against Boston Patrice Evra Jersey , the right-hander has 58 saves and a 3.16 ERA.

Your Bitcoin Profit Calculator In The Age Of The ETF January 31, 2014 | Author: Wallace Eddington | Posted in Finance

Exchange-Traded Funds (ETF, for short) achieved a great popularity in the financial world a little over a decade ago, though they were first introduced in the 1990s. They have something of an Index Fund quality to them.


Index Funds were inspired by the thinking of John C. Bogle’s insight that as a general rule fund managers could not usually beat the market: the prevailing assumption about the correct attitude to investing at the time. He noted that once fund managers’ fees are factored in, the end-user, the fund consumer, has no pretty much no hope of beating the market. Believing otherwise Neto Jersey , in Bogle’s assessment, was folly.


For those who recall those days, there is an amusing irony in describing the situation in that manner, for this is precisely how those on Wall Street condemned Bolge’s indexed approach: “Bogle’s folly.” Yet, the truth of the matter is that this approach, which resulted in creation of funds that tracked the S&P 500, at minimal-to-no fees Miralem Pjanic Jersey , has turned out to have embodied great wisdom.


ETF are an effort to profit from the Index Funds lessons, with the additional benefit that, while the latter were very expensive to trade – the whole point being that constant movement was too costly – ETF can be traded often commission-free. And, since they’re indexed, they are far less expensive in transaction costs than are mutual funds.


Recently, there have been efforts to apply this ETF financial technology to another leading edge technology in the economy: the digital currency Bitcoin. An especially prominent effort in this regard has been the initiative by the Winklevoss twins.


These twin brothers have been notorious in popular culture for their struggle with Mark Zuckerberg over control of the FaceBook social media site. Less widely known is that the Winklevoss twins have been big time early adopters of Bitcoin. Estimates on the extent of their holdings of Bitcoin have been in the area of $11 million.


Permission to establish a publicly traded Bitcoin ETF though must be provided by financial regulators. And the effort is already being pooh-poohed by bigwigs in the industry, such as Knight Capital managing director Reggie Browne.


Undoubtedly Medhi Benatia Jersey , the extreme volatility of Bitcoin recently does make it a little inconsistent with the Fund Index spirit that initially inspired the ETF tradition. Emphasizing this though perhaps really misses the more central point of importance.


To begin with, trading of such funds already exists in the form of private funds. SecondMarket’s private Bitcoin Investment Trust (BIT, for short, get it?) is modeled on a successful gold ETF. BIT has a $25,000 minimum investment, but, as testified by its creator Marko Pjaca Jersey , the SecondMarket CEO, at the conclusion of 2013, it held $65 million of investment.


So, it seems a bit far-fetched to allege that the digital currency’s fluctuations are too rich for ETF investors, as Browne has. All this though seems to me to be missing a fundamental point. The point of a currency is as a medium of exchange, not an investment opportunity.


The point here isn’t that there’s anything wrong with wagering on (or against) any new product, including a new currency. Speculation and short selling are perfectly legitimate and valuable exercises within any dynamic and free market. The hazard arises when the mistake is made of treating Bitcoin as an investment opportunity in disregard of its unique specifics: unlike Mario Mandzukic Jersey , say gold, Bitcoin is designed specifically and precisely to operate as an alternate currency.


As with any product introduced onto the market to meet specific consumer demands, the features and benefits which will determine its fate can only be revealed by customer testing in the fullness of time. The notorious Bitcoin volatility the last while though has been a function of financial, rather than monetary, ambivalence. It seems to this author that one of two possibilities lie ahead of us.


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