Belmont Club

By Richard Fernandez

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Which way did he go, George?

March 4, 2009 - 1:29 am - by Richard Fernandez
lc
2009-03-04 05:21:00

Ok, buddy, I sorta see your point. In your example, it seems that mark-to-market works against me (selling chicken); is it some kind of regulation or just a “rule”, like supply and demand?

It seems sort of artificial, or against common sense – that is, the “market” tells me that I should only have available to sell that amount of chickens that history says I can sell, but reality/common sense tells me that you shouldn’t sell chickens in front of a busy, discount chicken restaurant.