"We risk becoming the best informed society that has ever died of ignorance"
- Rubén Blades

"You can't make up anything anymore. The world itself is a satire. All you're doing is recording it"
- Art Buchwald

"It's getting exciting now, two and one-half. Think of everything we've accomplished, man. Out these windows, we will view the collapse of financial history. One step closer to economic equilibrium"
- Tyler Durden

"It is your corrupt we claim. It is your evil that will be sought by us. With every breath, we shall hunt them down."
- Boondock Saints

Thursday, April 10, 2014

Phony Twitter Managers

Work with me here.  I want to do a very simple thought exercise.  Imagine we're playing sports...let's just say hockey.  We have players, spectators, event staff, pundits, arm-chair coaches, etc.  Now the players make it all happen, without them, the rest doesn't exist.  However, the real players will play the sport regardless, just look at the kids playing street hockey at 10AM on a warm spring morning.  

Now when you're playing you're conversing with your team and talking shit to the other team.  Sometimes guys yell "shoot!" and you listen and shoot, other times you don't.  We're all the players, we train with other traders, we talk shit to the other team, we practice (back-test) endlessly, and most importantly we gauge our action upon how the play developes.  We don't pretend to have some special formula to behave a certain way if an event manifests itself because we all know the dynamics of mutually-exclusive events...we rapidly tap into our tool box of options we worked on in practice then execute them.  

What would you say if I told you someone who played hockey for 1-2 years, doesn't matter where, but just that he played and he was offering advice on when to shoot wrist shots or slap shots.  Would you listen?  Would the statements being made about when to perform a duty you've trained for and actually perform carry any weight coming from someone who only has a couple years experience?  Let me add more, let's say this guy also was not playing because he was cut from his previous two teams and to top it off, he's charging you $29.99 for "signals" on when to take a slap shot or wrist shot.  Would you still listen?  Would you pay him for this "advice".  How about if I told you this guy Tweets to his people claiming to "be right back, getting dressed to play"?  Would that make him seem more professional, wise, and worthy of your $29.99 per month?

Of course not, it would be insane.  So why the fuck is Keith McCullough still around?