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Archived threads in /biz/ - Business & Finance - 6439. page

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So why do you hate Soros while nuthugging Martin Shrekely?
40 posts and 9 images submitted.
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>>1615422
Shrekli gamed the insurance companies to make a cheap buck and got heavily demonized by the American public for doing so. Scummy, but not particularly malicious.

Soros crashed Eastern Bloc economies to make a cheap buck and has been trying to do the same thing by paying for revolutions all over the world (including the BLM, Not My Country, etc. riots in the US!). He's about as bad as it gets.
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>>1615433
soros is badass

BTFO'ing entire governments is way cooler than scamming some drug insurance companies
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>>1615422
Shkreli is the embodiment of what alot of /biz/ posters think they are, or wish they would be

>autistic
>smart
>got rich at a young age
>self made
>took a massive shit on everyone in the process

have you seen the video of him infront of congress ?

https://www.youtube.com/watch?v=LPIQ_gyiHag

that's the biggest fuck you to the world you can do

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I am no economical expert, just want to hear /biz/'s opinion after doing some research and coming to my layman conclusion below.

So is a recession not going to happen very soon?
The fed has kept rates way too low for way too long, the second they increase them in any significant way won't the market all fucking crash? Nobody even saves money too.
Are the two options for the federal reserve:
1. Keep low rates for longer, suffer more inflation and make inevitable recession worse 2. Raise them and let the recession come while the market stabilizes to where it belongs.

Again, not claiming to be an expert. Just want some other insight from /biz/.

If you believe an upcoming recession is coming, feel free to guess the magnitude and roughly when it will start.
38 posts and 2 images submitted.
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>>1615397
they said they are going to raise rates in December im pretty sure.
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>>1615401
They need to raise rates. Inflation expectation is most definitely trending higher, and the fed would love to have more options to combat the next recession.

>the second they increase them in any significant way won't the market all fucking crash?

I dont think that it necessarily has to be that dramatic. The fed is only going to raise rates by a quater point or so, and the sell off would indicate theres a better spot to park your money. I think we will see it come off the high's, but not an all out crash that some posters are calling for.
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>>1615417
>The fed is only going to raise rates by a quarter point or so

So from my understanding, they are still keeping money cheap as fuck which will eventually still all ignite and make it worse?
Is the economy such shit that they can't keep interest rates at normal levels like we had before without impaling the entire economy?
So they lied for at minimum a year about raising rates and then raise them only a quarter of a percent? They sound scared as fuck.

I don't see how a quarter of a point in interest will do anything to the serious inflation that is already here and going to get worse.

To me it seems like there HAS to be a bubble in the economy (and USD?). One way bigger than before. I hope i'm wrong but if i'm not I'd rather have it now than later.
Or are we going to keep doubling our deficit every 8 years until Chinese stop buying our bullshit lies.

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>tried applying for accounting jobs all October with only a data entry job as experience on my resume (the truth)
>get no responses

>2 weeks into November and I lied and said I worked at a local firm during college as a staff accountant for a year and that I know QuickBooks (I don't)
>start a new job next Monday that pays $21.00 an hour that barely uses QuickBooks anyways


don't fall for the truth meme. unless you literally have autism/are really bad at telling lies then the interview is the easiest thing
7 posts and 1 images submitted.
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>>1615300
Your employers never called your "old boss" to verify whether you actually "worked" "there"?

You just got lucky the HR were lazy, m8.
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>>1615300
What will happen if you manage to use that QuickBooks one day?
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>>1615487
I looked up some tutorials online and I feel pretty comfortable with it. Looks even more braindead that the software i used at my data entry job.

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Creative ways to quit your job?
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>>1615289
Go FULL AUTISM MODE and destroy/eat everything in sight. When interrogated, claim that you are dealing with stress and have been losing your grip on life.
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>>1615289
>dislike current job
>want to quit
>find a way to perform current job exceedingly well
>get a promotion

congratulations, you have creatively "quit" your old job in favor of a new one.
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>>1615289
dont get one in a first place

So I have a prototype of a product I would like to sell. Some minor consumer electronics. I'm coming to the point where I need to gather start up money but before I even think about how I think I need to know: what I need to spend money on, how much money I need to spend, and to whom to I pay this money?

To itemize the product itself:
I have a small pcb with a USB connection
A couple plastic parts
Silicone over molding on those parts
Some custom electronic sensors
Then whatever packaging it's going to be in.

Who should I contact to get quotes on designs and production costs? It's my understanding that plastic parts manufacturers require you to use molds that designed. Meaning you have to hire one of their engineers to design and make your mole, if not the whole part. What do I need to come at them with to get a quote? A whole part designed in CAD, just a napkin drawing, a verbal description?

My pcb also I had intended to fully design myself but even the very simple function it needs turned out to be too difficult for a layman to do. So I might need to hire an engineer for it. Where should I go? What do I get? Do I just get a design document that I then hand to some pcb manufacturer and say "gimme dis"?

The obvious answer is to just call these people and ask "hey what do I need to get a quote on X" and it is my irrational hang up of not wanting to sound like a moron that's stopping me.
15 posts and 1 images submitted.
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Bumping for interest
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>>1615555
The quads have spoken
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>>1615555
Sick quads, but I think getting an answer to a technical question on the internet is a bit harder than getting elected president. Meme magic won't help here.

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hello /biz/

Anyone of you in sales? TIps in sales for cold leads? Sales scripts are welcome too


My tip: ask if they have any questions about the product you are selling
11 posts and 1 images submitted.
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>>1615232
Bump for interest. My sales skills are weak.
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http://tipfortheweek.blogspot.com/2009/11/book-summary-zig-ziglar-secrets-of.html
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>>1615232
I do write questions I'll answer when I get up if thread still alive

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Can someone explain how net worths are calculated. Let's take Bill for an example, from what I understand most of his net worth is just shares in Microsoft, so if for some reason Microsoft were to go bankrupt would he suddenly go from the world's wealthiest to just another millionaire? His house and cars and everything probably make up 200 million at best and how do they know how much he has in the bank? How much of Microsoft does he own?

Is it the same for all the other billionaires in the tech industry like Larry Page and Elon musk too?
22 posts and 3 images submitted.
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>>1615141
Gates is diversified through his holding company, Cascade Investments, but if Microsoft went bankrupt he would lose slightly less than half his net worth.
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>>1615153
>but if Microsoft went bankrupt he would lose slightly less than half his net worth.
How did you come to this?

What's a holding company?
>>
Are you old enough to browse 4chan? 10-year-old questions, I have to say.

Just go to Bloomberg/billionaires if you want to know how they calculate billionaires' net worth. Or read Forbes' method.

If MSFT went to zero Bill would lose roughly 1/8 of his net worth.

KILL YOURSELF FOR MISSING THE $DRYS MOONING EDITION

"And So It Begins....The Great Pump'n'Dump Of Our Time!" edition
------
Join us for market discussion, Bukkake-style:
-- Moderated --
- https://discord.gg/0hRGmk6ekDuiO1yS
-- Free-For-All Dick-swingin' --
- https://discord.gg/5k3sVzC
-----------
Stickerbitch's calendar of memes and dreams:
https://calendar.google.com/calendar/embed?src=moonmissioncontrol%40gmail.com
---
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-----------------
-- Robinhood FAQs --
- VISIT THE WEBSITE FIRST DAMMIT!! - www.robinhood.com
> How is it free?
They invest your unsettled funds after a trade. It's also pretty basic shit.
> When is it coming to my country?
Never. They only have "plans" on an Australian beta.
> It's been X days, why isn't my account verified yet?
If it takes more than 3 days, email their support. They are very good.
> Is this the place to pump and dump and/or shill a worthless stock?
NO! THIS IS 4CHAN, A PLACE OF POLITENESS AND PROFESSIONALISM!!!
> I hit sell when the stock was X.XX, but it actually sold at a lower price, am I being jewed?
No, that would actually be illegal. Robinhood graphs are just shit and only show you an average, not-really-realtime price. To get Bid/Ask prices and important things like candlestick graphs, you should use a more robust platform. -- (also learn difference between LIMIT and MARKET orders!!!)
> Where can I get better charting or bid/ask?
thinkorswim is bretty gud if you want a 2nd account with real broker.
Otherwise you should be using stockcharts.com, finviz, or a non-pile-of-shit for your graphing in addition to Robinhood.
>How do I git gud?
Technical analysis-http://www.investopedia.com/terms/c/candlestick.asp?layout=infini&v=5F&orig=1&adtest=5F
Fundamental Analysis- Martin Shkreli finance lessons on youtube
> Can I use Robinhood on my PC?
Yes, download an android emulator.

>>1611259 Previous Thread
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Is there any reason not to do this?
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first four letters of my ID is the new meme stock
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>>1615020
>$200 of DRYS last week is now worth $1600

FUCKING KILL US ALL

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>>1614864
What did you buy before for that kind of growth?
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>>1614864
Allstate, Exxon Mobil, Target
>>
cgc

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How does it feel this mong gets an huge house when he's not even 20?

https://www.youtube.com/watch?v=dzmXQWsizO4

Meanwhile you will be in debt after college for ages after spending your youth as a studyslave with no privacy because no money to move from pops and moms, then a wagecuck until you are old as fuck.

>inb4 he has "charisma" or whatever

No, he is a dumb cuck, anyone could be doing what he did. I know tons of channels exactly like that that have few views and subs. He just won the traffic loto. And I have a channel myself with 300k+ subs. It takes LUCK for one video to blow up and start getting traffic. Youtube doesnt give a fuck about talent, charisma or anything. It's about persistence, mass producing garbage, gimmicks, being dull, and the most important: having Luck. Life is a scam, keep coping.
29 posts and 3 images submitted.
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Is making these threads how you cope?
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>>1614721
Is questioning if OP making those threads is how he copes how you cope?
>>
>>1614729
Is questioning if anon is making those post asking the OP if making those threads is how he copes how you cope?

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>Organized "Cry-Ins"
>Grief Counsellors
>Therapy Dogs
>Tissues and Hot Chocolate
>Deferred exams
>Play-Doh and coloring books provided(!)

http://blogs.wsj.com/washwire/2016/11/09/colleges-try-to-comfort-students-upset-by-trump-victory/

I had to do a double take here because I thought I was reading satire, but no, it's all real.

What in the everloving fuck is going to happen to the economy when universities finally start churning these people out into the real world? I don't really care about who won the presidency, government policy rarely makes or breaks the economy, the economy functions because millions and millions of ordinary people get up every day and go to work. We'll survive President Trump, but I don't know if we can survive this current generation of college graduates. These people are in their 20's and are still literally children, it is goddamn frightening.
57 posts and 13 images submitted.
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>subscribe or sign in to read article
Pastebin or fuck off
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>>1614679
How many of them is it tho?

Pretty sure it's like a small handful of students. most students just go to their classes normally
>>1614682
Archive.in
>>
>>1614679

To Read the Full Story, Subscribe or Sign In

I picked a useless major and now all I can do is teach ESL or do manual labor. I got fired from my ESL job in China. Now I'm back in the land of the free and am interested in construction. I also want to live in a city where I can get laid through phone apps. It was fairly easy in Beijing, but impossible in Washington DC. Any tips?
16 posts and 2 images submitted.
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>>1614062
Lots of brick buildings needing maintenance around your area. Try bricklaying as its also a seasonal job which will give you time to travel. I'm guessing you like to travel based on your trip to China.
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>>1614083


Yea what he said
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>>1614062
>fired from ESL job in fucking China

lmao how did you even manage to pull that off

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why does /biz/ not have a board-tan? Why does /biz/ not have a Winter Ball thread? What is this poorfag behavior, get ourselves out there, time to spend a shitload of money to show the other boards who pays for their meaningless lifes.

lets make this happen: https://1d4chan.org/index.php?title=Board-tans/biz&action=edit&redlink=1
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>>1614000
What is this? A waifu for ants?
How can our /biz/bros be expected to fap... if their dicks can't even fit inside the picture.
>Anon, it's just a...
I'm tired of your excuse.... the waifu needs to be at least... 3 times bigger!
>...He's absolutely right!
Thank you, I have a vision....
>And so do I. Let me show you mine.
>>
I've been here for 8 years and I still don't know what the winter ball is...
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>>1614327
Crossboard shipping

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Am I a stupid gambler for purchasing 5k USD worth of Royal Dutch Shell call contracts at a strike of 60 dollars?

>Opec going to meet, November 30th, to discuss output decreases
>Trump wants to rescind the Iran deal executive order

If Trump does so, or even alludes to do so, and/or OPEC comes to an output decrement agreement, it could send the price of oil skyrocketting.


The stock is down to 48 USD from a high of around 80ish USD back in 2014's oil prices. The particular call i purchased is a January 20th call, at a strike of 60. Trump is sworn in on the day of expiry. I purchased it at 5 cents per share. So I can buy 100k shares at 60 dollars a share).
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>>1613860
Covert "thereisonepostinthisthread" bump
>>
you're going to see a revival in U.S. shale oil production and probably less international oil demand, i would expect prices to decline
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>>1613877
>hold the calls
>OPEC decreases output

>Oil speculators buy in before Trump presidency due to Iran deal rescindment (word?)

or

>Oil speculators sell due to the possibility of Trump deregulating oil

if the stock price goes to 61 dollars, which is a rise of 27% (I know, super unlikely...), that's 100k USD in the bank. Even if it gets to 5 dollars below 61 dollars, the contracts could well be worth tens of thousands of dollars.

Why would oil companies attempt to crash the oil price if/when it goes up anyway? Do we have an American version of OPEC, that forces oil companies to agree on a cap to output and generally collaborate?

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You got $50 (laughable, I know) and a month to double it.

What do you do/where do you invest it?
38 posts and 2 images submitted.
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Craigslist / yard sale reselling from people who don't know the value of their shit

Fuck the stock market
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>>1613593
Buy soda, go to a school and sell it for fifty cents more.

Buy crayons, make some drawings and sell them in a mall.

Buy a disposable camera, stalk a local politician and wait for him to screw some fifty buck whore, sell him the camera
>>
Get a job. You can at least quadruple it in a week

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