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Archived threads in /biz/ - Business & Finance - 6482. page

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Is a master's in quantitative finance enough to become a quant?
I have a high IQ and I'll shortly have a BS in CS if those help.
8 posts and 1 images submitted.
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>>1598175
do you own kneepads?
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>>1598175
I think most of them have PhDs.

And top tier kneepads.
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>>1598175
if you have to ask it doesn't seem like you've learned a lot

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NO RATE HIKE
------
Join us for market discussion, bukkake-style:
-- Moderated --
- https://discord.gg/0hRGmk6ekDuiO1yS
-- Free-For-All Dick-swingin' --
- https://discord.gg/5k3sVzC
-----------
Sticker's calendar of memes and dreams:
https://calendar.google.com/calendar/embed?src=moonmissioncontrol%40gmail.com
---
Biopharma Catalyst Calendar:
https://biopharmcatalyst.com/
-----------------
-- 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, try emailing their support. They are very good.
> Is this the place to pump and dump and/or shill a worthless stock?
Yes
> 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 to go open a second account with real broker.
Otherwise you should be using stockcharts.com, finviz, or Yahoo/Google finance 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
or watch martin shkreli finance lessons youtube
> Can I use Robinhood on my PC?
Yes, download an android emulator. Setup is extremely easy. http://www.memuplay.com/


Previous thread: >>1596329
415 posts and 103 images submitted.
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why are all the gold ETFs red?!?!
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whos holding amrs thru er?
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>>1597905

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My university management skills course assigned our class an assignment that requires a group of class mates to start a business with $5. This business has one week to operate and generate profit while also having to add one aspect of sustainability to your business- be it economical, environmental and/or social. My group and I have spent some hours brainstorming on some ideas but can't think of one that can achieve sustainability and profit at such a low cost while taking into consideration any legal reifications from external factors such as the township, school, etc. I live in Peterborough ON, CA. Would appreciate some basic frame works of businesses in which we could work off of!
19 posts and 4 images submitted.
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>>1598085
Dont think about "what business can I start with $5." Think about "what business can i start with no initial investment."
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>>1598094
This is a very good point, I have brought this point up before. Costless usually will mean a service-type of business given the limited time. However we cannot find a good service type business that has no startup complications
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>>1598128
post ad on craiglistlist offering designs service for banner/logo design for $45. Outsource design to fiverr for $5. Repeat.

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Guys I fell for the Etsy meme. How fucked am I and my portfolio?
6 posts and 1 images submitted.
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>>1597970
117 shares probably won't kill you.
For a minute I thought you were the guy who bought a block before earnings yesterday.
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>>1597970
inb4 lurk moar

Explain that pic to a b/tard
has the value dropped below the cost that you paid?
did you pay $1515.15 (117xprice) and now have $1319.01?
or
do you have 117 stocks to the value of 1319 and those are the now stats and not showing what you paid?

I clearly know fuck all but this pic is interesting to me
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>>1599469
point by point: OP bought 117 shares of ETSY (Etsy, Inc.) for $12.95 each (plus whatever transaction fees his broker demands). Now 1 share of ETSY notes at $11.53 which means his position is worth $1349.01. So far he's made total loss of $166.14, which breaks down to a loss of $1.42 per share or -10.97% in relative terms.

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Holy fuck bros I need your help. I've just been asked to do a phone interview. Holy shit what do I say?
16 posts and 2 images submitted.
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>>1597820
Just answer their questions and talk about relevant experience/skills. It's a lot easier than face-to-face interviews. So if you're normally fine at those you'll do fine with then phone interview.
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>>1597820
Helpful tips:

>Take a shower to wake yourself up
>Meditate for 10-15 to clear your head
>read 10-15 to boost the brain
>Recite your favorite song to practice speaking
>Have your questions (relate them to the company) ready when they ask for them
>Put on a suit, you'll feel more confident
>Stand up while on the phone, you'll be more expressive.

Good luck, buddy!
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>>1597838
He's asking me when a good time for me to take the interview is. What do I say? How do I say it? I'm emailing btw

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How will Trump's win affect the market? Will the Dollar fall? Buy Gold? What companies will profit, who will fall?

What 's the prospectus for profiting from one of the greatest Presidential debates in history ?
28 posts and 3 images submitted.
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Well bitcoin will rise for sure, and trumpcoin maybe
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>>1597806
>trumpcoin
Are you kidding? When Trump is president, after a few months he will be the new normal.

Who is going to buy "NormalCoin"? It was a pump and dump from the start. The selloff will look like niagara falls.
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>>1597813
Thx for correcting the record

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>In an almost hour long interview, Kathryn Haun, Assistant Attorney for the U.S. Department of Justice in San Francisco and lecturer on digital currencies at Stanford Law School, who prosecuted her own colleagues, Shaun Bridges, a former Secret Services agent and Carl Mark Force, a DEA agent, for public corruption in an investigation arising from Silk Road, the infamous drug bazaar shut down in 2013, stated that the reason United States government did not shut down bitcoin is because they “recognize you can’t shut down bitcoin.”

>“There is simply no way” – Haun said, “with these technologies once the genie is out of the bottle you can’t put it back in…but even if we could hold the developers of these technologies accountable,” the federal prosecutor continued, that would be “counter to the legal system.”

Government BTFO. Bitcoin can not be stopped. Nocoiners will cry lava soon.
14 posts and 2 images submitted.
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more like
>"We seized 170,000 bitcoins worth roughly 90 million USD. There is simply no way we were going to let this kind of money going to waste"

Sounds like a pretty sweet deal for the government tbqh. Especially considering that paying off hackers for 0days and secretly funding terrorist groups has become a growing interest of the US Government in the last years. Just like TOR - the US government is probably one of the bigger proponents of BTC. If you ever use BTC for anything useful (like turning them into real money or buying stuff you have to have shipped to yourself) they can still track you and now they have an added benefit that once they matched your wallet, every single transaction will be an open book to them since its public data. Honestly - I think BTC will be an awesome tool for prosecutors piling on charges after the fact. And possibly outright fabricating charges.

Oh hold on, your wallet randomly received payments from a (hint: government-controlled) wallet also "financing" islamic terrorists? There go your civil rights. Easy terrorism conviction.
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>>1597578
>muh real money meme
There's people buying and selling lambos directly in Bitcoin while you stay poor.

>get paid in BTC
>buy in BTC

The circle is closed. Government hates this, since they will never know. Once they remove cash, more and more people will work for BTC as the only viable replacement. Anyone with a brain can tumble their coins for added privacy. Schnorr signatures, confidential transactions, mimblewimble... lots of new features will make blockchain analysis a futile exercise (it already is today if you know what you are doing). Bitcoin already won.
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>>1597656
>There's people buying and selling lambos directly in Bitcoin while you stay poor.

I bought my Yacht and house in LA on Bitcoins bitch.

Don' fucking tell me about my bitcon millions.

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TIMBERRRRR!!!!!!!!
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previous analysis
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Below $6.87 it should be a short ride down to $6.37. Then watch the waterfall of shares being sold crush it down to $5.21.
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how can you be sure it will continue to follow the trend

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I need advice, I've responded to well over 600 applications and I've only gotten a handful of interviews. I'm getting desperate, I don't want to go back to my shit tier country.

I guess I'm being dismissed by many jobs by virtue that I would need visa sponsorship. That's outside of my control, what could I do to improve my CV? Also, any finance job application tips?
10 posts and 1 images submitted.
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I'm applying to entry to mid senior jobs, I'm not overreaching here.
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>>1597546
>in which he organised
>he runs in investing blog

Who the fuck are you talking about?

The letter sizing is also weird.
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>>1598033
Oh crap! thanks for pointing out the third person thing. I used to have various CVs so this is sort of the Frankenstein hodgepodge of many, so that sorta slipped through the cracks.

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>gamble free bitcoins
>profit
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>>1597309
how?
where do you get them for free?
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>>1597530
it is to promote bitcoins, you have to promise not to sell them for dollars, fiat currency is evil
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>>1597309
>>1597548

>free bitcoins
Where from?

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I want to be a successful entrepreneur. It's not about the money, even though I wish to make many millions. I just really feel that being an entrepreneur will bring me peace and happiness. I also want to do it for the freedom. That's the thing I value the most. I dream about owning stores, seeing happy customers coming and going and making a real difference. That's what I want.
Any help /biz/bros? I am looking for low starting capital bizness ideas (inb4 kneepads)
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another bump
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You could try mowing lawns in your town or investigate your town and try to look for problems you could fix in your city.
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>>1596438
>inb4 he starts shooting thugs

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I will never understand billionaires - you have enough money to influence the world.

You could at least influence the entertainment industry. Why the hell would you waste it on your personal private life? Are they that anti-social that they enjoy seeing nothing good on TV, no good music, disgusting sjw tumblrinas all over the place and a generation of idiots?
All that power and everyone thinks money is only for materialistic gains. What happened human imagination.

Insane shut-ins. This is why civilians don't deserve money.
If I could convince at least three billionaires to my ideology then by 2020 we would already be ushering in a paradise.
43 posts and 2 images submitted.
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>>1595881
Billionaires don't usually blow time watching TV, or care whats on it.
They like privacy because most people think a billionaire will give them cash if they ask loud enough.
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>If I could convince at least three billionaires to my ideology then by 2020 we would already be ushering in a paradise.

delusional mong
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i just happen to know a billionaire who's very progressive and funding all the ideology movements around Europe

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I am not an American I know very little about it. Apparently it is a fucking disaster economically to subsidie health care in the American system. That it will increase US debt by trillions of dollars and drive private companies out of business (one quote I heard from Bill "good goy" whittle was it is impossible to compete against a health provider that can print its own money)

>Mind explaining how you think its going to work ?
>is it a success ?
>Should you abolish it ?
>Will Hillary change anything ?
124 posts and 8 images submitted.
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Individuals are now mandated to purchase health insurance from private health care insurance companies if they already don't have insurance provided to them through their job, Medicare, military, school, or whatever.
This is called the individual mandate.

This has caused the price of healthcare insurance premiums (the money you pay to the private healthcare insurance companies) to go up since the demand suddenly increased due to the individual mandate, but the supply remained more or less the same.

More importantly, Obamacare refuses to address the elephant in the room: the exorbitant cost of actual healthcare costs in the United States (hospital visits, doctor visits, surgery, medicine, etc.)
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>>1595684
You're leaving out most of the benefits. Such as:
* elimination of lifetime caps
* no more denials for pre-existing conditions
* extended maternal and natal coverages
* children can stay on parent's policy for longer

Also, the widely reported increases in policies are limited to the "exchange" which is a website you can go to get insurance if you can't get it yourself or don't get it through your employer. This only affects a small percentage of people. Most people in the U.S. get their insurance through their job, and this didn't change.

I don't disagee that the ACA has problems, but it was the best version of the law that could get passed at the time. It can and should be improved, including by placing tighter controls on the insurance industry. But to abolish it would but the U.S. back where it was before Obama: cursed with the most backwards, undeveloped healthcare system in the modern world.
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>>1595695
>strawman
You're arguing in favor of the law based on the idea that the only other option is the Republican's idea to repeal the whole thing. That's not the case, but it does allow you to claim that "the good parts of the law are better than nothing".
No shit, but that's not what the arguments against it were in the first place. Namely, it was argued that the cost was exorbitant, and a better solution could be found. The Obama administration's response to this was "The GOP won't compromise right now, so this is the only choice. That was bullshit, along with their lies that costs wouldn't go up.

How do I help a friend with his finances?
>we walk to dollar store
>I pay for my candy
>he goes to pay
>card rejected.... at the fucking dollar store
I've offered to help him and his fiancé make a proper budget. He refuses....
I've even tried the Dave Ramsey approach. He uses book as a paper weight.
I don't know what to do at this point. He has a credit score of 55... Halp
20 posts and 4 images submitted.
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Drop him. It's not your business what he does with his finances. Stop counting other people's money.

Unless your friend is you ;)
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>>1595502
I just hate the idea that me, as an accounting student, let this happen to him.
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>>1595544
The sooner you learn you're not responsible for other people, the better. Let them make their mistakes. If you try to interject more they'll just resent you for it. You're not his daddy.

My advice is you should ghost him. There's a saying. You're the average of your 5 closest friends. Losers like that are a dime a dozen and have no value.

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>be in tech, trying to move to finance
>fuck all info on how to do it, everything seems to be on how to escape finance to move to tech

What the fuck

I don't get it, there's absolutely no money in tech, unless you're a Data Scientist, very good developer or a founder whose startup got bought or IPO'd.

Why the fuck is is such a one-way street from finance to tech?

If I never again have to work in a open-plan memeshop where everyone wears t-shirts and accepts free meals instead of actual salaries, I'll be a happy man. I've had two years of that, now I just want to make bank.

Anyone on here work in banking/finance? Any advice? I'm currently a business analyst, but looking to get into either equity research or IB
21 posts and 2 images submitted.
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>>1594119
>finance
enjoying wanting to kys daily
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>>1594122
Already have that

Difference there is that I'd be getting paid a lot more for it
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>>1594127
For amount of hours you'll be putting into it, the average hourly wage doesn't seem too impressive. Not to mention the opportunity cost of sacrificing a lot of free time for a career in that industry.

You won't make it unless you have an autistic passion for it.

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