Search results

  1. T

    Fake Chinese Products

    i have a few questions. if you wear a NIRE sweater when it's supposed to say NIKE, nobody laughs at you because everybody else wears NIRE? if everybody knows that NIRE is not NIKE, then why don't the bootleggers just create their own original brand instead of imitating NIKE? Everyone knows...
  2. T

    Fake Chinese Products

    wtf did the factory manager for the bmw manufacturing plant in china produce a bunch of extra cars and then change their labels? no friggin way they just bought a bmw off the lot and re-engineered it.
  3. T

    Where does "Private Equity" get the money to do these huge buyouts?

    nobody will want their money back because it's nobody's money. all the money comes from pension funds, endowments, etc. the people in charge of allocating money at these places are bureaucrats and politicians, not investors - although they all pretend to be astute investors. You will find...
  4. T

    Loss at Goldman Hedge Fund Racks Duo at Secretive Global Alpha

    a PR job for carhart. carhart gives the reporter a little access in return for a favorable spin.
  5. T

    prop firms in china

    but don't 99% of the traders lose and blow out their account?
  6. T

    prop firms in china

    how is swift able to make money providing deals like this?
  7. T

    prop firms in china

    guy's i'm not sure if i understand. i thought the way it works is that the person has to deposit $5K of his own money. is this person saying that he doesn't have to put in any money of his own at all? in return, he gets a 5-15% cut of profits he makes from a $10K starting capital? if this...
  8. T

    DE Shaw

    gut instinct? lol this is what you need to do to suck money out of this idiot. forget your fund performance. just make sure you can make the initial minimum cut off. the most important step is to ask your friends who have contacts at the places he mentioned to say good things about you...
  9. T

    DE Shaw

    witness the mind of a fund of funds person. audited fund performance only matters 20%. what his circle of friends say about you matters 80%. same old game - it's all about who you know and not what you know.
  10. T

    Buyout question

    i only read 1 yahoo article about it so my analysis can be incorrect. a 5% spread on a deal that's expected to close is high. there will probably be a dividend payment in between. if there is, then the $37 price is probably pre-dividend.
  11. T

    Trading with Academics

    there can only be 2 reasons for this. 1 - your school has massive grade inflation. just about everyone gets an A or B, so a student can get an A and still not understand the material very well. did you know that 1/2 of the students at Harvard graduate with Honors? 2 - there is no grade...
  12. T

    CFA - Is it Worthwhile?

    see what i mean?
  13. T

    Trading with Academics

    your father is working at one of these firms and you are not talking to him about it? don't be a fool, use his connections. "making it on your own steam" is not a possibility on wall street. you should know that the people at these firms are valued not because of their involvement with the...
  14. T

    CFA - Is it Worthwhile?

    two things: 1) whether a CFA will help you completely depends on the rest of you. 2) the #1 reason why the big name PE firms have the success that they have is because people who are not in them give them so much respect.
  15. T

    Trading with Academics

    FBW, I am going to tell you something that you don't want to hear but it is the best thing for you. At this point in your life nothing matters more than getting a good GPA from a good school. If you're not at a good undergraduate school that's okay. Get a good GPA, get a solid job after you...
  16. T

    any book about fraud detection?

    you will not be able to look at a company's financial statements and be able to detect fraud. there simply isn't enough information in the filings. the ceos an cfos are not so stupid that they'll make public what they're trying to hide. of all the companies that turned out to be frauds, how...
  17. T

    Questions for the Fundamental Analysis gurus

    you cannot "cut through the maze of accounting and find out what those numbers really mean" without knowing how financial accounting works. but even if you do know how financial accounting works and you do know what's going on, you're still not going to find anything so obvious that nobody...
  18. T

    Questions for the Fundamental Analysis gurus

    this is impossible. this book is for people who believe what they want to believe. in the system development world this book is similar to "system development without doing work and easy as 1+2+3" type of books. when you analyze real financial statements instead of the examples used in books...
  19. T

    Questions for the Fundamental Analysis gurus

    fundamental analysis is more for investing than trading. you need to take at least one accounting class before you'll understand what's going on with financial statements, how they relate to each other, and how to go about investigating certain items. earnings is not what you think it is...
  20. T

    SEC needs to CRACK DOWN on "Prop" firms

    these kinds of jobs are like the non-paid internships advertised all over college campuses. when you are a student you think they are real jobs. later you learn that the companies are just taking advantage of nieve newbies. you are a volunteer. at least you can put "Intern" on your resume...
Back
Top