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madcowmonkey (< 20)

Just another thought about scoring on CAPS that people get caught up on

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April 15, 2009 – Comments (19) | RELATED TICKERS: LUV , GOV

Comparing stock scores on my own sheet today. I noticed I have a higher score for Ford than I do on LUV....even though LUV has gained approximately 40+% and Ford has gained less than that.........well that got me to thinking about the idea of top scorer charm on here. That thing really is pointless when it comes to real life and individuals that try to copycat players on CAPS. There was a post about scoring and filtering a while back that I care less to link on right now, but my personal thoughts are that I sure am glad that I am not all hung up on gaming this system:) What a waste. Pick em and move on.

BTW- Would it be alright if I just claimed stupid on the taxes that I had done (I have to admit that I tried doing them myself again this year, but got turned around and confused)? Even the people that are in charge of this crazy system have no clue how to file anymore.........especially business taxes.....wtf. I had to look them over and I was even more confused when the lady explained it to me:) I hate myself when I feel stupid like that.........and lately I have been hating myself more frequently than in the past. Could they get more complicated?

I am all for a flat tax at this point. I would be able to get taxes done in 1 day rather than gathering everything up and waiting 2 weeks.

 

 

19 Comments – Post Your Own

#1) On April 15, 2009 at 3:28 PM, outoffocus (23.86) wrote:

As a CPA, I am also for a simpler tax code.  I hate taxes.  I feel as though I have better things to do with my life then fuss over a 5000 page tax code written in legalese, that changes the rules more than the rulemakers change their pants.  There are so many loop holes in the code because there are so many exceptions.  This is what happens when you put lawyers in charge of handling your finances.

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#2) On April 15, 2009 at 3:50 PM, Tastylunch (28.56) wrote:

hah believe it or not I don't try to game CAPS althogh I'm sure it looks like it. I just like redthumbing trash because it's fun to research. :) I did pick som SPACs long last year to game CAPS but that was boring and I quit that pretty soon.

If a stock moves in the direction i pick I'm happy with it don;t really care how big it beats or doesn't beat the S&P's move.

Honestly they need to make absolute scoring into the mix, relative returns mean jack in real life.

Povert is poverty man, if you and the guy next to you both haven't eaten but you last ate two days ago and he last ate three days ago, you are both still hungry.

I don't know if a Flat tax is the answer but they do need to cut the tax code by about 96.32738%.

It shouldn't take a tome of reading to figure your taxes.

Honestly keeping rates the same and redcuing time to do taxes would be the better stimulus than spending money.

The level of beauracracy is ridiculous. You should the hoops I'm having to jump through to open Tasty II.

next we are going to have a public farting ban at the rate we are going.

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#3) On April 15, 2009 at 4:15 PM, KamranatUCLA (29.47) wrote:

I am for flat taxes. But what will happen to all the CPAs and accountants and all those who make money off the complexity of tax code??

What about all those colleges and universities and tax prep classes and CPA prpe classes who produce accountants and CPAs.

Flat tax is good for everybody as a whole but because of the above mentioned group whose livlyhood depends on it we will never see it in this country.

Don't you wish we had some dictator just for 1 day to clean up this mess?

I hate the tax law, I hate that soooo much of our money, time, and efforts goes into tax planing and just doing the taxes.

And so much of our money goes to waste because of IRS.

Is it just me or anyone else finds it funny that we pay taxes so that people can charge us taxes.

I read somewhere that 60 cents from every dollar we give for taxes just finances IRS activities and burocracy.

Think of all those IRS buildings and how much we could rent their office spaces for private use.

Stupid Obama is scared to play dictator for 1 day. He has no back bone. 

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#4) On April 15, 2009 at 4:22 PM, Gemini846 (34.17) wrote:

Obama isn't scared to play dictator. He told GM two days ago to prepare for bankrupcy.

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#5) On April 15, 2009 at 4:22 PM, outoffocus (23.86) wrote:

KamranatUCLA

Dude, get over it.  We are Certified Public Accountants not Certified Public Tax Preparers.  So what would happen to CPAs with a flat tax?  We would go back to doing actual accounting!

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#6) On April 15, 2009 at 5:35 PM, madcowmonkey (< 20) wrote:

outoffocus - "There are so many loop holes in the code because there are so many exceptions."

No doubt. I couldn't even to figure out how to cheat correctly, because there are too many options to actually take advantage of it. I couldn't make my mind up:)Wouldn't it be nice to stick to the company books instead of the IRS publications. Figuring out where some of these companies send their money and how they spent it is a full time job......even with all the technology we have available today. Some of my friends are accountants for some of the bigger companies and I just laugh at the stories. Unbelievable.

tasty- public farting? Never heard of it:)  96.32738% nice.....exactly what I am talking about.

Karman- 60 cents.....I am pretty sure it is right around there. What a waste......again I am all for a flat tax.....like 15% for business or personal with no loop holes. I bet they would see more money come in....even though they cut the rate by half.

 

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#7) On April 16, 2009 at 10:56 AM, Mary953 (85.11) wrote:

Madcow, I know you don't usually visit GoodVibe's Lounge, but I posted a video that you might enjoy.  It would be a good distraction from your "work, work, work, work, work, work, work."

http://caps.fool.com/Blogs/ViewPost.aspx?bpid=180689&t=01007737217973478225  Look for Harvey Korman and Mel Brooks

And as to the taxes, I wish I had known.  I helped a lot of folks with their taxes this last season, including putting together a long blog that spelled out what expenses went on each line of a schedule C.

Mary

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#8) On April 16, 2009 at 11:30 AM, ac360 (< 20) wrote:

Madcow.....aligned.....the good thing is I am still able to do mine with TurboTax.

Incidentally...you should now be able to figure out my last hidden profile.....:) Look at the picks - its a simple hedged strategy.

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#9) On April 16, 2009 at 11:48 AM, madcowmonkey (< 20) wrote:

Mary- I wish..I just got really lazy this year and I am afraid I would have missed something and been audited......I will check on the video though. Thanks.

AC- NNBR......really.....just read the description of the company:) Absolutely murdered on that one. You just gave me something to do while I patrolled the office from the computer today. I was going to scan through a childs classic today before reading it to my soon to be 4 year old......Treasure Island......is a classic, but I forgot if there was too much involved for him or not. I have to get away from the picture books. They are starting to drive me insane....I have been talking like a 2 year old lately and that doesn't fly well in the public.

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#10) On April 16, 2009 at 12:13 PM, ac360 (< 20) wrote:

This profile was started to do some High beta Beaten picks using a screener - mainly thru mid-Nov I really wasn't clear on what I wanted to do on this one.

Then I basically got clear-headed on what I was after with each of my profiles - I decided to go hedged here, left the other one indexed like binve and decided full force experimentation in the main profile. Thankfully it was successful !

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#11) On April 16, 2009 at 12:34 PM, madcowmonkey (< 20) wrote:

AC- I liked viewing the first page. STP has been my grinding indecision for so long. I wanted to close and re-open around 5, but never did. Another fun port.

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#12) On April 16, 2009 at 3:31 PM, Mary953 (85.11) wrote:

Madcow - You will know you have crossed a line when you start referring to thunderstorms as "thunder-boomies."  And if you should decide that you would like some help for your 4 year old as far as books, let me know.  I have spent enough time as a children's librarian to be able to recommend some really great ones.  (boy or girl?)  That includes some that will help your 4 year old start to learn to enjoy books that you don't have to read (some incredible picture books)

Mary

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#13) On April 16, 2009 at 3:53 PM, madcowmonkey (< 20) wrote:

Liam (Boy) is turning 4 in late June. He loves books and I read him 3 before his head hits the pillow, but I am not into repetitive reading (same books every night). I do like Cat in the Hat, but it looks like it is time to start thinking about moving on:)

He "reads" the books to me sometimes. From memory and making stuff up. It is a real hoot. Some days the house is crashing on my head and he is pulling me out to other days when we just play baseball and golf with our eyes closed while standing on water. 

I really don't know where he comes up with his personal stories, but I like them. 

Any suggestions would be appreciated. I wasn't much of a reader when I was younger, but I like reading now, but my books don't relate too well.

Thanks in advance.

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#14) On April 16, 2009 at 5:19 PM, Tastylunch (28.56) wrote:

Madcow

 he's 4? Then he might like 

Tiki Tiki Tembo

http://www.amazon.com/Tikki-Tembo-Arlene-Mosel/dp/0805006621

Little kids love it man, the main character has something like  a 16 word name and the story usually makes them giggle a lot.

Here's the amazon review

"If you haven't already read Tikki Tikki Tembo, you've probably heard at least someone recite the deliriously long name of its protagonist: Tikki tikki tembo-no sa rembo-chari bari ruchi-pip peri pembo, by now a famous refrain in most nursery schools. In this beautiful edition--complete with line and wash illustrations by artist Blair Lent--Arlene Mosel retells an old Chinese folktale about how the people of China came to give their children short names after traditionally giving their "first and honored" sons grand, long names. Tikki tikki tembo (which means "the most wonderful thing in the whole wide world") and his brother Chang (which means "little or nothing") get into trouble with a well, are saved by the Old Man with the Ladder, and change history while they're at it. Tikki Tikki Tembo is a perfect book to read aloud, but don't be surprised if you find yourself joining the ranks of its chanting followers."

My sister and I used to love that one.

 "Little engine that could" was another one kids that age see to like.

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#15) On April 16, 2009 at 6:35 PM, Mary953 (85.11) wrote:

Later I will leave something on the board!

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#16) On April 20, 2009 at 1:27 PM, madcowmonkey (< 20) wrote:

Tasty- I never heard of tiki. Sounds like a little bit of a twisted story with the two sons, but I will check it out. I liked the little engine that could, but I have read that one to him about 100 times. I was actually looking for books more along the lines of Stuart Little, but the real version. Not something cut down to 20 pages with a bunch of pictures. I think he is getting bored of that stuff, but I could be wrong. I will see if the library has tiki though. Thanks.

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#17) On April 20, 2009 at 5:39 PM, Tastylunch (28.56) wrote:

Oh ok, smart little guy is he? :)

I think the brothers in Tikki Tikki get along pretty well, but I don't remember (if that's  concern of yours)

I liked Charlotte's Web a lot better imo than Stuart little as a young guy if I remember.

Same author (eB white)

Alos Shel Silverstein's stuff is great if he likes a little whimsy!

 http://en.wikipedia.org/wiki/Where_the_Sidewalk_Ends_(book)

well hope you find something he likes!

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#18) On April 20, 2009 at 8:30 PM, Tastylunch (28.56) wrote:

Also my sister liked the Ramona books

http://en.wikipedia.org/wiki/Ramona_Quimby

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#19) On April 21, 2009 at 11:16 AM, madcowmonkey (< 20) wrote:

tasty- one of the responses to tiki was that the first son was treated like royalty compared to the second. As you know, I have two boys so it would be odd in that sense was all.

I like silerstein's books. He is always fund to read. I forgot about Charlottes Web. He did like the movie on that one. Talking pigs are always fun.

thanks for the recommendations.

 

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