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Archived threads in /biz/ - Business & Finance - 6091. page

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Is statistics complete bullshit? Any time I see it in action it just doesn't seem like anything more than marginally more accurate guess work when conclusions are drawn from the results.
27 posts and 1 images submitted.
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>>1768032
you can draw conclusions on some basic events and certain outcomes will happen a large percentage of the time. Is it always right? Nope.

The goal is to predict the median outcome so that you can balance risk and reward.
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>>1768048
It just seems like these "probable events" aren't as probable as these models predict most of the time. Especially with forecasting...
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>>1768063
They account for a certain degree of error. No, it isn't perfect, but it beats having idiots like you sticking your head out the window - guessing what the weather next week will be

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>bought a 500k painting
>still renting

lmao idk what im doing
17 posts and 4 images submitted.
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>buying the art jew
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>>1767835
try r9k
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>>1767835
>buying stock intending to hold it long time
>everyone on /biz/ is instead a day trader, currency trader, alternative currency trader, gold bug, silver bug, nuclear materials bug, penny stock trader, or forex trader

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>what's your biggest flaw?

Ok seriously what should you say? Also what are some job interview questions that stump you?
51 posts and 9 images submitted.
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>>1767500
tell them you have no patience for stupid questions.
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>>1767506
and if they get butthurt then explain that you honestly consider that your biggest flaw with a troll face.
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>>1767500
you're supposed to talk about how you overcame your flaw or how you work around it.

ie "I'm really poor at public speaking, so when i give presentations, i have to be very well prepared"

"i used to be really disorganized so i have to set alarms for myself, and keep track of everything in this swell project management software i found golly gee"

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I've coded hundreds of trading algorithms over the past 2 years. Most of them analyse for breakouts and the gains are very profitable. However I don't have any money to trade because I'm a poorfag and was wondering how I can go about selling my algorithms. I thought about patenting them but I don't have $5000 to hire a patent lawyer for that. If I just sold my algorithms online someone will eventually just share it for free on file sharing sites.

So what can I do to profit out of this /biz/?
35 posts and 1 images submitted.
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>>1766946
Partner with someone who knows about high risk investment/business and make a small company and sell bonds based off of your algorithms success. Not that hard senpai.
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>>1766946
make a portfolio where you demonstrate the trades using your algorithms.

show it to an employer, hedge or IB, and see what they have to say.
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>>1766946
Bullshit, if they're really ''profitable'' how can you not have that much cash, or just use your own cash to make that much?

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Is Peter wrong?

Would like to hear some actual criticism if it exists but in all of his videos the people he debates come off as children.
80 posts and 17 images submitted.
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>>1763684
well he might not be wrong about most things but he has been wrong about the crash every fucking year so far.

but if he keeps saying stuff like that in the next decade or two he is bound to be right at least once.
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>>1763717
>wrong about the crash every fucking year so far.
He was right about the great recession and its magnitude and was laughed at for years before that shit went down.

>wrong about the crash every fucking year so far
This is true but I'm inclined to think it reflects how fucking crazy the fed is to keep digging. It's unheard of in US economics to have interests rates not only at 0, but almost an entire decade of it. It just sounds like he thought it couldn't get any worse and yet the fed continues to outright lie. I'm trying to understand the fed's logic as to what the fuck they are doing aside from stalling.
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>>1763684
>Is Peter wrong?
He is wrong about bitcoin, but everything else he says is right imo. I read first two chapters of his "The Real Crash" book. awesome stuff. but yea, he is very right on the fundamentals of the U.S. economy imo. i understand why he is a shill for gold because of what Euro Pacific Captial does. but imo, i think he is right. he inspired my economic views like in 2014

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Making a new dropshipping website, and anyone can follow along if they would like. If I don't report back with $100 in sales from exactly a week from now, I will off myself.

Currently am negative $13 in the hole for purchasing a domain. Today will be set on designing the front of the store, and adding a huge catalog of merchandise using Oberlo.

My niche is lame weirdo cosplay nerds.

I will abuse social media, and tinker slowly with reddit ads and eventually facebook ads.

I will update this thread hourly with my progress.
55 posts and 7 images submitted.
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Screenshot is from my previous shop I made last month. The niche is too specific and what I was making money off of was too broad for my niche, so might as well make a new website for that niche.
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I am monitering
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I am concerned with my niche being copied, so I will wait a bit before posting the url of the new site, plus it isn't even finished yet.

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http://motherboard.vice.com/read/meme-collectors-are-using-the-blockchain-to-keep-rare-pepes-rare

It has only begun. Trading game is coming soon.
321 posts and 35 images submitted.
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PEPE on the moon
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Yeah some days ago there was a thread with ppl looking for a coin to shill, sm1 was keep saying pepecash.
Well now i got why, cool community that can grow much more than fucking doge, cool and funny meme and great dev team.
With 4chan support it could go fucking mental
>>
pastebin plz

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how an i supposed to make money when td takes out 10 dollars on a 35$ sale?
12 posts and 1 images submitted.
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You're not suppose to invest such small amounts like a retard
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>>1771552
Th-thanks
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>>1771552
Does the comission stay the same at say, $1000?

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index fund fags on suicide watch
11 posts and 4 images submitted.
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>>1771099
top secret strategy pls
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>>1771103
Memes.
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>>1771103
I accept payment only in rare pepes. What have you got?

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Tell me /biz/, what is your excuse for not having invested in AMD in times where they can't possibly fuck up more than their Bulldozer FX CPU line?
>Pic related, profits made
15 posts and 2 images submitted.
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kanker op
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ik steek heel mijn hebben en houden al in bitcoin
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Because a Ching Chong LLC. will come around and whoop their ass with a better, faster, cheaper chip. And then it's bye bye AMD profits.

>*Takes a look at financial statements. *
>MFW AMD hasn't made a profit in 4 years and it's just a stock bubble it's in.

Good luck Dutch Anon.

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How do i win 70 bucks on internet really fast /b?
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Ill post history
9 posts and 2 images submitted.
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Invest in Iconomi coin, it will go off pretty soon.
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>>1770971
Explain the process
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>>1770989
How much do i need to invert?

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Im fucking horrible at making any friends and talking about normie topics, yet i seem to be a good teacher's pet and working as a cashier and waiter. Would this suffice in the business world, or am i fucked? I know i sure as could not get into real estate.
7 posts and 3 images submitted.
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>>1770664
your basically me so idk we might both be fucked
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>>1770664
bumppp
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You're fucked unless you're really good at things that don't require much personal contact (like a programmer or a genius HF analyst). Networking is essential in the business world (that means meeting a ton of people and being somewhat interesting to at least 20% of them)

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So cliffs
>Finish BS Finance from solid state school in Dec 2016
>Worked in mortgage business as a loan officer/mortgage banker full commission before that
>Looking to currently get into financial tech software sales as it's highly differentiated and can make a killing
>Still networking to make it happen, been on job search for 2 weeks

Am I fucking up? Are there other avenues with a high income potential in my situation, at 25, with my qualifications, that I should look at?

I figured software sales is the way to go. I don't have an "in" to ibanking and not even sure if that's something I would want if I did.

Pretty solid at sales, personable, etc.

Thoughts?
18 posts and 4 images submitted.
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>>1770548
mcdonals is always hiring
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>>1770548
I'd do what my dad told me.

Follow your passion. If you wanna be a dancer, be a dancer. If you wanna make movies then make movies. Don't let someone else, your parents, your teachers, friends, idols, chanststers, tell you what you're supposed to be doing in your life. Find something you love, don't care about the money, or someone will do it for you!
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Get a job with a financial company where you take their investment products and them sell to people.

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I want to start trading with Robinhood, but I don't have much capital to spend on stocks. I only have about $250-500 that I could use to get started. Should I buy a few stocks and start learning the ropes or wait until I have more to invest?
26 posts and 3 images submitted.
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>>1770507
Your best investment would be getting a better job. You aren't going to make any appreciable money and will just likely lose it all.
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>>1770507
Start NOW don't wait.
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>>1770517
thank you kindly

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Anybody know how someone can get a bank levy from their US state when they have no idea why or how?

I can't access my checking account because it was seized by the state, and I didn't receive a warning or anything prior to this alerting me that I supposedly owe them anything.
17 posts and 1 images submitted.
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>>1770373
Help.
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>>1770373
Again, help
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When happened to me I called my bank and they gave me a number to call who it was and told me who seized it

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