Recent content by theDudeAbides

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    Goldman Sachs: Pic of the day

    the1, see attached (page 6, or any page for that matter) get some command on the facts. This is for M&A http://www.mergermarket.com/pdf/Press-Release-for-Financial-Advisers-H1-2009.pdf This is for capital raising http://news.hereisthecity.com/news/business_news/9416.cntns
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    Goldman Sachs: Pic of the day

    BINGO. As for many of the others on this thread, apply for a job on the Street if you think it's so easy and bankers are overpaid, partner up with your buddies and start your own firm, or stfu. These guys paid back the TARP, with interest. Turn your focus on the true deadbeats that...
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    One Overvalued Market: Trailing P/E on “reported” earnings widened to record 140x

    P/E mults are always done on a forward basis. Then, it's a much more reasonable 16, A point or two higher than I would like, but not far off from historical averages.
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    Erin Burnett talking up Traders Tax

    If you like to have TV on in the background (I do), flip channels over to Bloomberg. Bloomberg keeps it business for the most part. No arranged fights, yelling, stupid jokes, segments called "Empty Calories" (aren't all segments on CNBC empty calories), and less cheerleading. Erin Burnett...
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    What are the advantages of day-trading stocks over futrues?

    Future pros - Liquidity 24 hour access Tax treatment Less susceptible to sudden large % decreases in value (e.g. no earnings warnings, mgmt or accounting scandals) Leverage Futures cons - Some days there are few or no good set ups Leverage Stocks pros - Endless number of charts -...
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    Most Expensive Real Estate Deal In American History (in Manhattan) Teeters on Default

    When I saw "most expensive deal" in the title, I wasn't expecting to see yet another rehash article of the Stuy town deal. Lol. Perhaps the largest, but when somebody uses the word "expensive" it should be price on per square foot basis or multiple of rent earnings or something. Anyway...
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    Why can't I get a job? Recent Grad, 3.7 GPA, Good Exp, Year and a half of searching..

    and how many resumes do you think PIMCO got for that ad? finding ads isn't hard, landing an interview is a bit more difficult. do not list salary requirements on your resume! i have never seen this on the thousands of resumes i have reviewed.
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    SP 500 PE Ratio 09-08-09

    The market keys off of 2010 estimated earnings at this stage in the year, not 2009. 2009 is just about 3/4 in the bag. Unfortunately, some companies have run up so much that they are apparently beginning to price off of their "earnings power" rather than 2010 now. The P/E ratio in the first...
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    Why can't I get a job? Recent Grad, 3.7 GPA, Good Exp, Year and a half of searching..

    Hang in there pal. There are many out there with a lot more years under their belt in the same position. Figure out who you know, and ask for introductions to people they know. Have something interesting to say and keep networking. School, major and GPA mean little relative to meeting the...
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    How The Average U.S. Consumer Spends Their Paycheck

    Good point on transportation being surprisingly expensive. Many drive cars they can't afford....and car insurance isn't cheap (I assume that's in that pie piece) Healthcare seems (relatively) inexpensive but of course much of that cost is subsidized by employers and hence that expense is...
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    AB-InBev To Raise Beer Prices Across U.S.

    in this case, i wouldn't point to inflation as much as i would point to the results of a consolidating market. less competitors = less pricing tension. hopefully some of the smaller brewers take the opportunity to grab share by keeping their prices the same (or lowering them).
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    what's up with IB P.O.S #*$@#*

    TWS has been unstable the last few days and part of last week. Keeps disconnecting.
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    What if the Pre fails? (PALM)

    No, I didn't say that either. The current share price assumes that Pre will continue to ramp into the Sprint user base and rolls out into VZ and ATT or T-Mobile. Sells enough units to take measurable share from iPhone and Blackberry. Starts having profitable quarters in FY10 and solidly...
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    What if the Pre fails? (PALM)

    Now that the price of PALM has run its way up again, I have been figuring out the proper entry for a short. However, after checking around at stores in my area, I was surprised to learn that the product is actualy starting to move. I'll wait until the next earnings call and make up my mind...
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    Hoboken, NJ

    To my point earlier, how many times have you been out in Manhattan, met a nice girl, and had her back to your apartment in Hoboken for a cocktail? Just for the sake of convenience, I wouldn't trade my years of living in the city for the couply hundred / month I could have saved while living in...
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