Archived threads in /biz/ - Business & Finance - 6498. page

>>1592365
Quants are still a meme, unfortunately. REALLY smart people misdirecting their talents to things that don't make sense (mathematically) in the long run.

>>1592408
>REALLY smart people misdirecting their talents

No Fuck off. Scientists get paid shit unless they go into pop science or quantitative finance. I'm not going to work my ass off as some lab slave unappreciated for years with the most I can ever hope to earn being $50k as some assistant professor

>>1592413
I wasn't saying that there isn't money to be made (in the short-term). Have you met many successful quants who have been working in the field for very long? Most will tell you that their recent bout of unemployment happened because they went against their own numbers.

Quants in the insurance industry are another question entirely.

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Dumbastic nocoiners coping while I wake up to massive purchasing power gains on the reg.

>tfw nocoiners didn't buy this 691 dip too
lmfao

>$400

get a fucking life m8.

>>>/r9k/

$400 is nothing. That's 2 weeks at McDonald's.

>>1592271
>>1592272
You fucking piece of shit normies

$400 is significant money. Let me guess, you make that per hour as top investment bankers of goldman sachs right?

>>1592189
provide them food they like all the time. food caters to our primitive tribal instincts and makes us feel bonded together. we hunt together, we eat together.

incentivize with money.

take a day and go do something really cool together. figure out what they like and go do it with them. organize a whitewater rafting trip, rock climbing, anything that most of them like.

hire the right people. find people who are positive, perhaps idealistic, and looking to contribute to something meaningful.


there's so much more but that's enough for now.

>>1592196
I am thinking about more subjective thing, about professional experience

are you co-developing it, or are you paying people to develop and design it? i think non-technical founders will fail in 99% of cases, at least for tech as the core product. tech people also like to work for/with more technical founders.

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barf

>>1592164

Buy the dip

>>1592182
What does this mean?

There's so much information out there that I don't know which is good.

>>1592044
I've tried a few times but failed. My main project was a green tea blend designed for weight loss.
I'm 25. Made a few sales a week before giving up. Did it as cheap as possible and used free e-commerce.

Interested to know what you do op?

>>1592044
Amazon FBA is where it is.

>>1592044
I run a shopify site for a brick and moartar game store, i also run our amazon and ebay and TCGPlayer sales operations.
We do a mix of FBA and our own fufillment. as well as an FBA like service through TCGPlayer.

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>$23k in debt by the time you're 20

It's like you're a much more miserable version of me

>no college
>$6500 in debt
>about to be 23

>>1592018
Not to mention my current living situation is dependent on my father who is an uber driver, he supports seven people including me, we live rent free in a one bedroom apartment.

I actually just ran out of money for food. And laundry. I'll be washing my clothes tomorrow in the sink. I think I have some meal substitutes around.

See Im not even upset about this Im excited I get to trade and have a chance to make an educated guess.

Borrow as much money as you can and put it in Zcash
Don't let your memes be dreams

According to the Old Testament it's the most profitable one. I'm dead serious.

>>1591937
[citation needed]

>>1591937
and that would be what?

buy stocks
masturbate

>go to college above the age of 24
>Get fafsa money

Pretty much it. Only downside is that I have to go to class and get at least a C.

wake up
make sure my money bots are running without errors
fuck around rest of day
back to sleep

>>1591498
Because their biggest market just voted to leave the EU, and their second-biggest market is threatening to elect a protectionist xenophobe as president.

Continental europe is heading for another war. Get your money out.

>>1591578

The biggest market is Germany.

Yeah, but economic unrest preceded the political unrest. The growth of Italy was almost zero, France has also been stagnating for years. Not just after Brexit and Front National.

>>1591578
Nice try Juncker. EU growth is slowing because EU policy is shit. It turns out having ridiculous regulation, enploying socialist policies, bringing an influx of leeching migrants, and trying to unite different countries with different spending cultures and different levels of healthy economies under one unified monetary policy is autistic. Especially when many of those countries are recovering from economic crises of 2010-11, which was prolonged due to EU policy.

I agree protectionism is bad, but it by no means has gotten any worse since brexit. Hopefully brexit will weaken the EU that those faggots will be forced to accept a real free trade deal with Britain.

Blue-chips

>>1591487

Do you have a wealthy family member? If so, it may be best to invest with them. I work in banking and met a client that works for a private investment fund. They find and purchase small businesses and make them more profitable and had a great track record. Problem is, the minimum investment to get into the fund was $5 million. Luckily I have a rich uncle who was bitching about his current financial adviser, so I sent him info on the investment fund. He met with them and decided to invest $4.95 million with me tossing in the other $50,000. That was in March and so far we have an 18.26% return.

>>1591698
>18.26% return
On paper.

Private equity is a good place for people with the ability to put some of their investment capital. The problem is that most people don't have the capital requirements. Also, most people aren't willing to commit securities fraud like your uncle, who has misrepresented that all the invested funds come from an Accredited Investor. (Maybe, and this is just a suggestion, maybe you should stop bragging to strangers about his securities law violations? I'm sure your uncle would prefer that you shut your mouth.)

Anyway, private equity investments are recorded at book value. Until the fund actually cashes out, don't spend any of those gains yet.

dude, we already have this. Supercomputers calculate even more efficient designs.


good that you wasted your time on tho, props and few internets for being a total loser kek.

>>1591157
Surely the best way to profit from this is to create software that provides the service on a bespoke platform... If its as good as you say word will catch on ultra quick and profit will be just as swift... Obviously easier said than done... If you can get Patent to the idea... Pitching to already bespoke package providers (AutoDesk) comes to mind wwould the be viable... If no patent approved/ or not appropriate, then make them sign a non-disclosure agreement, but this is a fairly week safety net... Obviously your profits will take a hit, but even if your getting >30% of the profits and it >could be incredibly valuable and revolutionize engineering then you would still become a millionaire from it... Not being greedy is the key here i feel and take a hit to make it widely available to the end users that it is most beneficial for!

MechE here. Elaborate a little bit more. I can help point you in the right direction.

Can this be specialized for a certain industry (like oil and gas for example)?

Also answer these questions (heilmeier's catechism)

>what are you trying to do? Articulate the objectives using absolutely no jargon

>how is it done today and what are the limitations to the current practice?

>what is new in your approach and why do you think it will be successful?

>who cares? If you succeed what difference will it make?

>what are the risks?

>how much will it cost?

>how long will it take?

>what are some mid term and final "exams" to check for success

You don't have to answer those here but if you do (please well thought out sentences, more detailed the better) we can help you. If you want to protect your IP then more power to you.

If you have well thought out answers to these questions, you can think of a reasonable approach to capitalize. But with your vague descriptions I'm not sure if what you're saying is useful/practical or been done before (I'm assuming you don't know since you are an undergrad)

>>1590859
>the US is 19 trillion dollars in debt and running a deficit
>communists like OP just want to spend more money

>>1590862
>mfw I used to fall for the universal income Jew

Might work in high-trust, productive, homogeneous countries like Switzerland or Japan but it would be a disaster for any country with minorities over 5%. I am still not convinced it would be stable in the long run in a best case scenario.

>>1590859
Get a goddamn job, lazy sack of shit

>>1590794
yes, at least if you don't already come in with a sizable fund to begin the flip/sizable pool of properties you are able to flip.
Do not put your eggs in one basket, the market is good and just getting better in real estate but people still remember '07-'08 and hesitance remains, especially in working/middle class families, who don't particularly want to gentrify an area with such massive negative reputation, at the end of a project you may be sitting on a house you invested 50-150k into but nobody willing to buy it. what you REALLY are looking for is foreclosure properties, or bank owned properties nearby growing colleges and/or thriving business industrial districts.

I'd say flipping in general is a bit of a meme. There are a lot of people wanting to get in and many won't make a dime. Very competitive. And to do it in Detroit seems foolhardy.

You're better off to just buy rental properties in good neighborhoods

Back in the 70's you could buy Victorian houses in shitty San Francisco neighborhoods for around $20000. Now those neighborhoods are fine and those same Victorians sell for around $2 to $4 million: http://www.zillow.com/homes/recently_sold/San-Francisco-CA-94117/house_type/97571_rid/4-_beds/globalrelevanceex_sort/37.78279,-122.422157,37.754803,-122.468291_rect/14_zm/

I think the same will happen in Detroit. But can you wait 45 years?

>>1590635
+1 for the picture, made me lol

Rental Income
Dividends on stocks/ETFs
Interest on bonds (kek)
CD or Money Markets
Vending Machines
Buying a storage building, car wash, or other low maintenance business.

Learn how to Google before you invest though, nigger.

I need more ideas