How do some actively-managed mutual funds outperform the market if the markets are truly efficient?
Is it just luck?
>>1059424
>if the markets are truly efficient
Who the fuck told you this? I'm about as free-market as anyone could reasonably get without being an anarchist, and even I recognize that the markets aren't efficient in the "perfect knowledge" sense.
Financial markets trade on expectations m80, not fundamentals. The fundamentals bleed through every once in a while when the financial markets do a Paul Walker impression and hit the wall.
>>1059424
>actively-managed mutual funds outperform the market
where is the proofs
>>1059432
"some"
Just look up top performing actively-managed mutual funds.
How can I take full advantage of my situation? Through out extreme circumstances and luck, I found myself in the same kitchen with a group of millionaires, talking about making money, business, real estate and other stuff. This is how it happened:
>be me
>20 y/o border line NEET virgin, part time baker at parent's bakery
>wanted to change
>go to a gym and literally become best friend with the coach (35 y/o)
>often go out with him and realize he is MUCH more famous than I thought
>still puzzled how a successful man like him spends so much effort in trying to help me
>went out last night to a small town
>he met some friends, which all of them are millionaires
>one owns all the taxis from the city and his dad is EXTREMELY rich (real estate
>another on is with a combination with advertising/flipping/real estate and his dad is also filthy rich (construction)
>chat for HOURS and they take genuine interest in me, drinking champagne and having fun
>they advise me and say that I should try to keep the bakery even though I am training to become a firefighter
>leave
>coach tells me they absolutely loved me
How is this possible? I thought I was too autistic for relationship because
>tfw no gf
but I am somehow able to make good impression on millionaires?
What should I do next? How to act around them?
nigger
>>1058923
>What should I do next?
Get ready to suck a lot of dick during your imprisonment in a mansion's basement.
>How to act around them?
Like you're thankful for the dicks to suck.
ask them for .1% of their net worth. if they decline then bring up how horrible of a human they are and play the asshole homeless person card
>There are 27 liscenced marijuna producers in Canada.
> It is estimated that the medical industry alone can support 1000 full-time commercial growers (5000-20000 sq/ft per grower).
>there are 2000 new marihuana prescriptions being issued each month.
> average monthly profit on a 5000 sq/ft grow up is $130k/month.
I'm an accountant. I've looked at long term projections, and when weed is finally legalized, it will be a billion dollar industry. My investors and I are waiting on approval health Canada to commence commercial growing.
What are your thoughts Anons? If you're Amercan, I'd love to hear how legal weed is benifiting the market in the "legal" states.
>>1058893
Weed will not become legal in Canada.
Haven't you heard Trudeau saying he can't do it?
http://www.newsweek.com/justin-trudeau-legal-weed-marijuana-canada-415384
>>1058896
That's an opinion piece, not an actual quote. International treaties can be withdrawn from, it's happened before.
the Reds have had something ready on this file since 1999. He'll table the bill for debate a bit before May 27, 2017, barring any huge scandals before then. He only gets to distract us with it once, and he'll get as much milage out of it as possible.
>>1058896
It will take a few years, but it will happen. He won't win the next election otherwise.
First step is decriminalize - that will be in 2 years. Full legalization will happen just before the next Federal election, 4-5 years.
Sup /biz/,
My dad has a company that has been passed on from generation to generation that I was supposed to inherit, but that's where the problem lies.
A few years ago I went down a dark path and completely lost myself in theft and illegal substances and went to jail for a while.
After I came out I started my life over from scratch, got a good girlfriend and found some new friends.
I recently got back into contact with my dad and it turns out we share a lot of hobbies such as politics and economics.
Now I really want to work in my dad's business and eventually claim the company for myself and continue his work, but my dad is a little weary knowing what I used to be like.
How can I show my dad that I'm serious and am eager to learn from him?
>>1058354
Suck his dick
>>1058354
You don't deserve anything you entitled shit. You had a massive opportunity and you blew it, end of story.
Now you'll have to work hard like everyone else.
Bump
SELL ETH BEFORE 24H, THE DAILY TIP HAS BEEN DELIVERED!
Lol u don't get it do you. Im not shilling ETH here because these "whales" on 4chan are going to pump the price. I'm shilling it here because I genuinely want ALOT of 4chan users to get in on the bottom of this amazing thing.
It is good for the project I support to have these memers on board at this early stage. When it does inevitably blow up no coiners will be BTFO in every thread.
Unlike with BTC where no one on 4chan got a look in causing sour grapes and bad blood and envy against btc.
We learn from our mistakes. This time 4chan is coming with us.
By all means sell your coins. But know this. You're only hurting yourself.
>>1057834
Nobody here actually items it. These fags get paid like $.12/hour to shill. Check the gigs section on Craigslist, and you too can copypaste gibberish on the asshole of the internet for fun and """profit""".
I'm behind a popular 4chan browsing app in the Play Store
Can this be monetized?
>>1055984
ads, even tho I hate them
No one is going to buy a 4chan app
So no
>>1055984
4chan itself is barely monetized. Generally to get scraps there has to be some meat on the bone to begin with
What school of economics does /biz/ follow?
>>1055727
The buy high, sell low and sucking cock school of economics of course.
Austrian, of course. Is there any other?
>>1055759
Isn't Austrian economics dismissed in academia?
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>>1059669
even a stupid ass bimbo who gets ad money from companies to post instagram pics wouldn't buy followers, you need to buy legit comments aswell faggot unless you want to lose possible ad money.
Soup /biz/.
So I recently started collecting disability, $830 a month.
How to make it stretch/invest/grow?
>>1059535
are you in the US? how did you get on disability? is it doable to fake it? 27 yo neet here
>>1059558
>aspiring to live off other people's taxes, but not sure you have the skill to pull it off
Does it get any more nigger than this?
>>1059562
lol'd. Don't be a dick, I'm just trying to get by.
All memes aside, why would anyone want to be a billionaire?
If given the choice, wouldn't it be more beneficial to be a nameless hundred millionaire?
If you were a hundred millionaire, your privacy would be relatively protected. You wouldn't be exposed to constant kidnapping threats or blackmail attempts.
>>1058988
wut? As long as you have at least $100million, there's a very good chance someone has seriously considered to kidnap/blackmail you.
>>1058988
>you wouldn't be exposed to constant kidnapping threats or blackmail attempts
yes you would. somebody other than you is going to know that you are rich as fuck and word will get around, even if you aren't famous.
Your chances of problems are reduced, but not nearly as much as not being rich as fuck in the first place.
Either way, being a billionaire would be useful if you had high ideals about helping the world, as you could use not only your resources but also your de-facto fame as means to work on your humanitarian/"world changing" pet project.
Just ask Bill Gates.
>>1058988
I'd like to be a billionaire so people think I know everything about everything, and that everything that comes out of my mouth is some sort of pearl of wisdom just because I lucked out and was in the right business in the right time
What were these gentlemen told that has them laughing so?
"Are you afraid the winner of the primary elections will issue economic reforms that will catch you or your firms off guard?"
>>1058957
>The freemarket works
>We cannot predict how the markets will perform at a given time
>>1058957
"And then he said, 'feel the bern'"
I want to make $20+ a day online. What are ALL of my options to reach this goal, no matter how challenging?
>>1058809
mTurk
>>1058812
It's the obvious option, but it seems like you only make $5 or more a day after doing it for like a year, full time. It looks like a suckers game.
>>1058809
www.leapforceathome.com/
You're welcome friendo
http://www.bloomberg.com/quote/BDIY:IND
SHIT IS GOING DOWN
>>1058539
AW SHIT NIGGA! Sell everything.
>oil is cheap as fuck
>surprised when the price of shipping goes down
>>1058573
the activity of shipping has gone down though, the lanes are at their lowest capacity in a decade
Sup /biz/
I currently make just over 1k a month.
I can comfortably save ~250 a month, more if i lived super tight.
I want to either start my own business, or invest in something. I've got about 2k saved right now. I just need some direction, because everything I have interest in doing seem fucking saturated, and I don't know how I'd get beyond the first step.
>>1057318
Well, post your credentials (resume would be better but I'm assuming you don't have one)
What level of schooling did you reach?
What job do you do? For how long? Etc...
>>1057323
College drop out
Work at local comic store for past 2 years
Too much of my brain is dedicated to games like D&D, MTG, 40k
Trying to get my life in order, wish I could find a way to do it with the hobbies I enjoy. Even if it became a 70+hrs. They're like the biggest passion I've got.
>>1057332
One option: ever thought of starting an eBay business around buying/selling rare cards. Your knowledge could be an asset, and you wouldn't need to quit your day job.
If ones favorite things were to create and to solve, what would ones ideal profession be?
Engineer
>>1056843
Psychologist/therapist is about solving
Engineering is about creating and solving
Doctor would be about analysing and solving
Law potentially?? But you are really missing out on the creating anything of value imo