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i think the hidden story (there’s always one) is that he doesn’t have the documentation on his trades to prove his income. So they go by proceeds. he’s either filed incorrectly or there’s real shady stuff in his pnl. I bet he doesn’t use an accountant and instead asked his buddy the law but...

millionaires sooner. but many people who could not have managed the cost of med school and the lost income can compete for those spots. just because tuition is free doesn’t mean the school will lower its standards. It will be the exact opposite.

it is going to make AE one of the most competitive schools to get into - like cooper union.

my sister makes 3x in pharma as a researcher than what she made as a practicing doctor (oncology) the reason there aren’t so many doctors is not because of a shortage of schools, it’s because compensation doesn’t justify all the schooling you need. Doctors don’t start earning until they are in...

I think the designation is designed for people who want to sell research based on technical analysis.

ok.

all tax laws have loopholes and case law precedent that clarifies the rules. I wouldn’t take no for an answer.

the law can’t be like that. the question is how much time, effort, and money are you going to spend to resolve this.

to the OP: Don’t accept this result. Find another tax accountant. just because your guy is from E&Y doesn’t mean he understands your specific case. The details matter a lot in these instances.

all brokers have limits on borrowing capacity and on balance sheet (gross capital usage). With the exception of some arb trades you will likely hit risk limits before you hit these limits.

No way they could make that video today. And for something completely different: what do they do with the regular K?

You should have said “that’s a tough pill to swallow” :)

Its a satisfying feeling to open a thread and see no posts whatsoever.

none of that is Warren buffets public opinions.

what the difference between 150k and 5mm?

He explained his investment in apple and why he missed Amazon and google and why he changed his mind. he hasn’t stated as such with respect to his investment in nu bank. his latest investor letter came out and he has said nothing about bitcoin.

because he’s anti-bitcoin and he’s pretty consistent with what he says and what he does. that doesn’t mean he won’t invest in a company that does crypto but I don’t think he will invest in a business bexause it does crypto. even the article you cited said most of nu banks business is...

I doubt Berkshire is burning nu bank for its digital coin business. I think the author is trying to make a point even he knows is stretched.

screenshots would solve this in 10 seconds. I can think of several reasons you see what you see but I’m not going to go to my basement, log into my bbg terminal, and do all the work to figure out which reason it is. Nor am I going to speculate or enumerate all the reasons.

Nu bank is a proper bank. Not a crypto bank like coin base.