Search results

As opposed to “rich people can’t be corrupted?”

corruptability has nothing to do with how much money you currently have. It entirely has to do with your character.

Trump is not immune from lobbyists.

I learned about that anomaly in a financial statements class in the late 90s. I asked if anyone was trading it and the professor said that Renaissance was. It was the first time I had heard of the firm but apparently it was known in the academic community.

More like 10 months. Before that he was a community organizer. (I’m an Obama fan, but he did not have the political experience you are looking for. He is smart and supposively studied the issues deeply, which is why he was a good president). Bloomberg was actually mayor for like 10 years: the...

The last guy who understood the little guy was accused of being a Kenyan, and a lot of little guys voted against his party in favor of a fake billionaire who shits in a solid gold toilet.

Bloomberg was mayor of NYC. He built a multinational company from scratch - no help from daddy. He’s a very moderate republican and Democrat. I think he’d be one of the best choices for president (after bill gates).

And like 5 years after that we are double that local high.

I think they only care that your taxes tie to the 1099 they receive from the broker. My accountants do “VARIOUS” as well. If it doesn’t tie then you have to make the justification.

I don’t understand the tail risk statement. Doesn’t your data support the idea that the higher the implied move, the less likely you will earn on a long straddle? This is contrary to what I would have expected.

No one created jobs because of the tax cuts. That’s a lie that the republicans told the plebeians to get the cuts passed.

Agreed you fucking twat!

Me Morgan Stanley himself.

He has quipped that he regrets not continuing as a partnership. But I think he knows that he couldn't have done what he did in a partnership format. Under his current situation, he can have significant drawdowns and no one can do anything other than sell their stock. His "AUM" is unaffected...

Read the article. It’s not luck.

If you want proper experience to make a career out of trading, you need to work at a proper firm: a bank, hedge fund, or prop firm as a front office position. Preferably a firm where you are a cog in the machine. And then be a sponge and learn everything about that machine and everything about...

No. You “answered” the question with your assumptions. I’m asking if my assumptions are right. The difference is not obvious to you? Who’s the dumb shit when you confuse issues about janitors and real estate and a guy stating he made his money as a program manager at google?

Your answer was stupid.

You made up an answer. Please tell me you are just being a smart ass and you don’t do logical reasoning this way. He implies he earned it in that line of work.

L Today a janitor or low end non-union factory worker today earns about 25k-40k (11 dollars an hour in a red state and 14 an hour in a blue state). No one is buying rental properties at that comp level. They can barely make rent themselves. Today a google engineer earns 1mm over a few years...