Lyehopper's Roundup....

[Lyehopper]

And the correct pronunciation is "Lyehopper Holler."

Nope ain't even that way Rob.... You gotta use a Montvale/Thaxton accent.... It's more like one word and really the "h" in hopper is silent.... Lyeoppaholla

As in....

(Neighbor sons) "Mr Lye?.... You don't mind if we run our coon dogs up lyeoppaholla tonight?.... you can come too if ya want?"

(Me) "No.... go right ahead fellas.... just ya'll be carefull and shut my gates."

[Rob]

Pronunciation

It's more like one word and really the "h" in hopper is silent.... Lyeoppaholla

Yeah, that's that lowlands, piedmont accent. My people come from up around Wise, Russell and Scott counties and speak with the highland accent. For those who've never been around this neck of the woods, there really is a difference, but it's kind of hard to explain it.

If that kind of stuff interests you though, go down to your local library and pick up a book called "Albion's Seed." I read it about 8 years ago or so. It's an awesome, awesome book.

[Lyehopper]

I did a little searching around on the net, and I found a few items of interest.

Calculating annualized returns:
Investopedia.com (This one shows the formula like the one I used.)
invest-faq.com (So does this one.)
gummy-stuff.org (This one has a cool calculator you can use.)
If you want to see more, click here.

Now, with regard to calculating the return on a short position, according to this page on Investopedia.com you're supposed to figure the return on the short using the PROCEEDS of the initial sale as the denominator, which is not the way I have it on Lye's Roundup spreadsheet. I kind of disagree with the logic, but I can switch it to work that way if that's the way it's conventionally figured.

I agree that your way is the textbook correct method Rob.... But since you've got to change my spreadsheet for the short calculations anyhow.... Here's how I'd like my annualized return figured. Take a look at $$$Mr Market$$$'s personal home page. See how he figures his annualized returns? I want to be like $$$Mr Market$$$ because he's HUUUUGE!!!! So I want my return's calculated like his are....

[Rob]

Changes changes changes

But since you've got to change my spreadsheet for the short calculations anyhow.... Here's how I'd like my annualized return figured.

Lawdy, lawdy! This seems like the opportune moment to bring this up. heh heh

I'll get you straightened out, Lye.

[Lyehopper]

Yeah, that's that lowlands, piedmont accent. My people come from up around Wise, Russell and Scott counties and speak with the highland accent. For those who've never been around this neck of the woods, there really is a difference, but it's kind of hard to explain it.

If that kind of stuff interests you though, go down to your local library and pick up a book called "Albion's Seed." I read it about 8 years ago or so. It's an awesome, awesome book.

There are many distinct southern accents that I know of. My folks are from eastern NC and that's what I speak.lol.... While my accent's pretty flat and fits in fine in Bedford County VA, it's very different from my fellow cattlemen in Southern Campbell County (Lynchburg) area.... They have the most unique southern accent I know of.... They say aboort for about.... and hoorse for house.... You know what I mean Rob?....lol

[Lyehopper]

Lawdy, lawdy! This seems like the opportune moment to bring this up. heh heh

I'll get you straightened out, Lye.

LOL!!!!.... Did I forget that?.... How about this week dude!?

See Skiracer and Ray Long!!!! you two ain't the only ones I've left hangin'.... Sometimes ol Lye needs a gentle reminder.jejeje

[IIC]

There are many distinct southern accents that I know of. My folks are from eastern NC and that's what I speak.lol.... While my accent's pretty flat and fits in fine in Bedford County VA, it's very different from my fellow cattlemen in Southern Campbell County (Lynchburg) area.... They have the most unique southern accent I know of.... They say aboort for about.... and hoorse for house.... You know what I mean Rob?....lol

This is America...Speak Spanish or Mandarin...Or at least English...What happened down South? How did they come up with your own language anyway?

[billyjoe]

Lye,
It's too bad these accents are dying out as people are not staying in one place long enough let alone generations in the same place. Of course being from north central Ohio , I have no accent. While working at a school in Wooster, Ohio (Amish Country) I started noticing several different Ohio accents. Each year would bring in a new class of mostly rural Ohio students. After a while I noticed a distinct Columbus accent as well as another accent from around Chillicothe Ohio (60 miles south of Columbus). Steubenville (far east central Ohio) is also very noticeable. My favorite accent I call the Kittanning Pa. accent. About 40 miles northeast of Pittsburgh, very similar to the Pittsburgh accent but they use what I call English terms that I had never heard before such as calling your rear end your "bum".
If anyone is interested in this I'd suggest a book called Moe Berg Catcher, Spy. This guy was a linguistic genius , a major league catcher, of whom it was said he could speak 7 different languages, but couldn't hit in any of them. He took secret movies of Tokyo before WW2 and spoke Japanese. He once faked his way past soviet police by flashing a red Texaco star. He reportedly spoke to a person exiting a cab in New York City and by their accent identified their small home town of 500 somewhere in the South.

billyjoe

[IIC]

Lye,
It's too bad these accents are dying out as people are not staying in one place long enough let alone generations in the same place. Of course being from north central Ohio , I have no accent. While working at a school in Wooster, Ohio (Amish Country) I started noticing several different Ohio accents. Each year would bring in a new class of mostly rural Ohio students. After a while I noticed a distinct Columbus accent as well as another accent from around Chillicothe Ohio (60 miles south of Columbus). Steubenville (far east central Ohio) is also very noticeable. My favorite accent I call the Kittanning Pa. accent. About 40 miles northeast of Pittsburgh, very similar to the Pittsburgh accent but they use what I call English terms that I had never heard before such as calling your rear end your "bum".
If anyone is interested in this I'd suggest a book called Moe Berg Catcher, Spy. This guy was a linguistic genius , a major league catcher, of whom it was said he could speak 7 different languages, but couldn't hit in any of them. He took secret movies of Tokyo before WW2 and spoke Japanese. He once faked his way past soviet police by flashing a red Texaco star. He reportedly spoke to a person exiting a cab in New York City and by their accent identified their small home town of 500 somewhere in the South.

billyjoe

You don't have an accent??? Well...I was born in California...I don't have an accent either...But what is this???...We all think we don't have an accent...But we all do...We just don't notice our own.

We also use diferent words...For example, I went to college in Nebraska...The accent except for the Farm hicks seemed the same to me...But one word I used to use when I went to the store was Market...I would say I'm going to the market...I got razed about that...They said grocery store...I said market. I think some back east said Super.

[DSteckler]

Fascinating book, Billyjoe. I read it a few years ago.

[billyjoe]

Doug,
I go to the store and buy pop . I'd never ask for soda and just by accident know what fraps and grinders are.

billyjoe

[Rob]

Another Question

Okay, I'm revamping this thing, and another interesting question presents itself. The question hinges on whether it's possible to lose more than 100%. It is impossible to lose more than 100% on a long position, but not so on a short. So I'm figuring that if there's an "L" in the L/S column, the max annual loss will be 100%, however there will be no such restriction if there's an "S" in the L/S column. What do you say to that? Hmm?

[IIC]

Doug,
I go to the store and buy pop . I'd never ask for soda and just by accident know what fraps and grinders are.

billyjoe

Well...we call it "soft drinks"...or the generic "coke" no matter what it is.

One time my wife, son and I were at the LA Zoo in the 80's...At the snack bar this old guy w/ an obviously Eastern accent asked for a frankfurter...It was pretty funny...The High School girl working the counter had absolutely no idea what he was asking for...Until I blurted out..."He wants a Hot Dog"

[Rob]

Tongues

Well, people from Pittsburgh, which used to be called Fort Duquense (sp?), say things like you'ns when they mean y'all, and they call rubber bands "gum bands," and stuff like that. And when they go out of the house, they say they are going ott the hoss.

When I lived in the Twin Cities, it was strange to me that they called Cokes "pops." And if a Minnesotan wants to go with you somewhere, he will say, "Can I go with?" Uh, excuse me, but isn't "go with" a transitive verb clause? Where's the object?

And L.A. is the only place I've ever been where I've heard the term "swap meet." They're "flea markets" just about everywhere else.

[billyjoe]

Rob,
I've lost 100% on a long position and !00% on a mutual fund and if you factor in brokers fees (before discount brokers) it was well over 100%. In both these cases there was fraud involved and one was settled with about 12% returned in a settlement. Without fees , it would be hard to lose more than100%. Theoretically, sure, annualized you could lose more than 100%, but it would be hard for a position to hit 0 during a one week period. They'd have to suspend trading , investigate, etc. I'd like to hear from anyone who lost more than 100%.

billyjoe