finance-geek

13 ms·

1.
by finance-geek 9y ago
Dont end up like this unfortunate boy: https://en.wikipedia.org/wiki/Ahmed_Mohamed_clock_incident
2.
by finance-geek 9y ago
To take this a level higher -- managers are often rewarded on quarterly or annual targets, not long-term targets. When it managed a large software team, it was very difficult to budget time/money for quality -- if I did, peers would s
3.
by finance-geek 10y ago
It would mean that any poor country could simply become wealthy by allowing unlimited immigration...Most poor countries are nicer relative to some worse-off country, so certainly there would not be a shortage of immigrants wanting to migrat
4.
by finance-geek 10y ago
“Across the country, wages are flat. Americans get paid less today than 10 years ago” His solution has been to advocate increased immigration. Yep, wages are flat, lets bring more people so more people can compete for fewer jobs.
5.
by finance-geek 10y ago
They are saying that teachers/counselors are viewing it from their baked-in perspective formed 30 years ago...back when you could graduate with a bachelor's degree, end up in a school job that gave you a life-long pension and heal
6.
by finance-geek 10y ago
I am not a lawyer, but not showing up is not a good idea, you could then be fired for cause and lose your stock. Being fired is different from being laid off.
7.
by finance-geek 10y ago
Easy -- for an "imperfect hedge", find a comparable company and sell an opposite instrument. If you are holding illiquid stock in VenMo for example, buy puts on either a the NASDAQ or PAYPAL. As the value of one goes up, the val
8.
by finance-geek 11y ago
With high-frequency and algorithmic market-makers, there is no such thing as low liquidity. Bid-ask spreads are at all-time lows as algo market makers try to one-up each other to squeeze spreads and provide liquidity.
9.
by finance-geek 11y ago
At a primary level, you are correct. But the effects of passive investment are more subtle. 1. More investment dollars chasing big companies allows those companies to issue more stock without having to worry about pushing prices down (si
10.
by finance-geek 11y ago
>> People convicted in part based on flawed science are not obviously innocent. People convicted in part based on flawed science are also not obviously guilty. It is difficult to impossible to weigh how the jury weighed the evidenc
11.
by finance-geek 11y ago
How sure how closely it compares to large companies, but with most of the [large] companies i've been at, the metric for promotion was how many people you could hire under you. Not code quality, size of system, not impact, not mon
12.
by finance-geek 11y ago
The car would not need to be "stupid" or "stupid enough" to cause a crash, sometimes a crash is unfortunately inevitable given the situation other cats put you into. And yes, some people sometimes have to make the diffic
13.
by finance-geek 11y ago
@Gibbon1 this is a pretty insightful comment. Luckily for Moody's, they made themselves part of an intricate industrial structure where their ratings drive large parts of the industry (e.g., investment guidelines, lending, etc.)
14.
by finance-geek 11y ago
I was thinking the same, but it is earnings season in a down market...
15.
by finance-geek 11y ago
Probably not, but seems like a good way to turn a bad business into a worse one, but one you can claim is "Mobile" and attract more VC cash!
16.
by finance-geek 11y ago
I'm not comparing Theranos to a ponzi scheme (e.g., Madoff) but the path may be the same -- they tell a small lie, then another lie to cover it up, then a bigger lie. Pretty soon there is great press, they are in too deep to backtrack
17.
by finance-geek 11y ago
Depends on which inflation figure you count. When I think of inflation, I think of the largest costs first -- housing, which can easily be 30 to 50% of your earnings for most people. Check out the Housing Price Index -- does that look fla
18.
by finance-geek 11y ago
@sama - since so many people here are in The Bay Area, i'll give the obvious answer for the region -- high density housing. I'm from NYC and we support a lot more housing in a much smaller area. This is accomplished by stack
19.
by finance-geek 11y ago
I find it really amusing that you noted "then credit default swaps were stopped in their tracks before they destroyed the economy" as one of the critical junctures in the US economy. It was, and most people dont realize that. CD
20.
by finance-geek 11y ago
Too funny.
21.
by finance-geek 11y ago
I noted it was unfair because when the employees leave, the cash-out happens at the employee's final salary (which may be larger (even 2x!) the salary at the time of accrual)
22.
by finance-geek 11y ago
Some of the nefarious reasons in the article and comments may well be true -- but there is a simple accounting reason for "unlimited" vacation policies -- companies do not need to pay workers for accrued vacation days un-taken. In
23.
by finance-geek 11y ago
Seems like almost a total fail for me...50% over 9 years is about 5.5% return a year for a VERY risky asset. Something that risky warrants more. Also curious if that 50% return considers the upfront outlay, taxes upon grant, capital gains
24.
by finance-geek 11y ago
See top-10 bankrupcies: http://content.time.com/time/specials/packages/article/0,288... Enron's bankruptcy was "only" 67billion. The largest bankruptcy to date has been Lehman's, whi
25.
by finance-geek 11y ago
Here is one example: WSJ: http://www.wsj.com/articles/SB124139546243981801 "During that time, the New York Fed's chairman, Stephen Friedman, sat on Goldman's board and had a large holding in Goldman stoc
26.
by finance-geek 11y ago
My lawyer friends tell me it is actually "innocent until proven broke " -- lucky for him, this guy has that area covered.
27.
by finance-geek 11y ago
Not legal, especially to mobile phones, but sadly it happens. I have superb credit, but one of my tenants did not. Since their address had my phone number on it (city records), robocalls started coming to me, from multiple companies. The
28.
by finance-geek 11y ago
Not sure what sort of research you want to see, but the Michigan case opened up the books on who gets the raw deal. Summary here: http://www.forbes.com/sites/danielfisher/2014/04/23/hidden-b...
29.
by finance-geek 11y ago
Not really, until you have scale. It costs a lot of time/effort/money to maintain multiple offices. There is lots of waste as communications break down. You end up spending on flights/hotels just to get people on the same
30.
by finance-geek 11y ago
Funny thing is, despite Ageism, supposedly there is a massive "shortage" of developers.

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