qwrusz

6 ms·

1.
by qwrusz 10y ago
Besides the common responses like pick an idea you actually want to work on and will enjoy doing and where you have the skills to do the work needed... I recommend doing some research into how large companies vet new product ideas and borro
2.
by qwrusz 10y ago
One of pg's best essays IMO. I think it's worth reading at least twice, the second time read from the bottom section back to up the top.
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by qwrusz 10y ago
Sounds like you're already doing some research and are off to a good start. There's a couple book recommendations in other comments that mention some famous great books about investing. "The Intelligent Investor" for exa
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by qwrusz 10y ago
My apologies. You're totally right, dang. Thanks for keeping this site civil and all the other work done for HN.
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by qwrusz 10y ago
Thanks. For a second I thought I was chatting with someone you who knew what they were talking out. I appreciate you confirming you were basing your answer of something you read 10 years ago in a book, a book you can no longer find. The res
6.
by qwrusz 10y ago
I see in the comments there are still some workarounds to this paywall. Good to know. Cheers. Just a reminder another workaround to the paywall is to you know actually subscribe to the newspaper. That is an option they offer. Obviously not
7.
by qwrusz 10y ago
Ya I'm still learning to write in English, sometimes this means to practice writing more when and where one can. Best of luck to you.
8.
by qwrusz 10y ago
Ah, dave_sullivan welcome back. How about this, below is the link to the data (S&P 500 daily returns), whoever is right will donate money to an education-related charity at 70% of the dollar amount donated by whoever is wrong. So for ex
9.
by qwrusz 10y ago
Ya man I been in the industry a long time I remember Brian Hunter from even before Amaranth. Always interesting reading when his name pops up. Clearly, a brilliant trader on a different level than most guys, but ya that's not always en
10.
by qwrusz 10y ago
I'm being totally serious here as I'd love to learn where my writing and communication is being unclear: May I ask, did you read my full comment? And do you know the definition of facetious? I'm not trying to be rude, I just
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by qwrusz 10y ago
> For instance, if you can capture 70% of market ups while only taking 70% of the downs, you'll beat the market. Is not correct.
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by qwrusz 10y ago
Ok Hacker News, I think I am done for the day after this. Just to be clear, we are talking about a 30x return in someone's entire net worth, in 12 months, from trading. I didn't say you couldn't construct a perfect hypothetic
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by qwrusz 10y ago
I can try. Firstly, worth mentioning the quote is a bit facetious, witty, jocose...Jolly old Warren Buffett can often be a bit playful and sort of sarcastic when talking about investing in public but it seems few people pick up on it. Also
14.
by qwrusz 10y ago
Firstly: this is just overall a ridiculously incorrect comment. Second: the 30x return discussed was back in 2008-2009. The flash crash you are talking about happened in 2010. Also the SPY moved down like -10% during the crash. Bro, come on
15.
by qwrusz 10y ago
Competition happens. Sometimes it shows up early. Before being able to give a good answer to your questions, to be honest I think you are asking the wrong questions in this situation. How have you been building something for months and only
16.
by qwrusz 10y ago
That's not his first rule. It's way better than that: "Rule No.1 is never lose money. Rule No.2 is never forget Rule No. 1." -Warren "Buff Daddy" Buffett
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by qwrusz 10y ago
> The 6 years he spent learning at another trading firm or the fact that on his own he probably had alot less risk oversight that allowed him to lever up more than he would have in side of an investment house. Maybe neither? As good as t
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by qwrusz 10y ago
Wall Street is also known for visiting and doing on-campus recruiting at only a very small list of target schools. Right or wrong every year we pick which schools to give this extra attention to and every year we debate if we are doing this
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by qwrusz 10y ago
"Unfortunately, it’s a situation of investor indifference -- everyone is used to Twitter’s troubles by now.” Could easily replace "Twitter" in this quote with a scary number of other public tech company names where investor i
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by qwrusz 10y ago
I don't think you will find a standard answer. Depends on the company, the team, your experience level, how technical the PM role is, etc... PM salary could be higher or lower but from I've seen, broadly speaking the roles earn ab
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by qwrusz 10y ago
This is cool. Has potential. Might be interesting to see other convert options besides time worked, like convert prices to "# of meals donated to starving children in Africa" or % of something larger/more expensive the person
22.
by qwrusz 10y ago
Twilio and Amazon do appear to have connections. Lawson worked at Amazon briefly. Rick Dalzell is the former CIO of Amazon and sits on Twilio's board (I would imagine he knows Bezos better than Lawson). But executives from two companie
23.
by qwrusz 10y ago
> because I myself am a user of these sites Well how did you come to find/become a user of all these sites?... Upvote for your use of the "ask HN promotion strategy" done a bit more tastefully than what I've seen on h
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by qwrusz 10y ago
Just curious, why would you "bet heavily" Twilio overtakes Blackberry's market cap "soon"? It's an interesting view to have, considering you know Twilio's value has been free falling (they are down like -6
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by qwrusz 10y ago
No. In tech, the only windows to worry about is the one made by Microsoft. Ski Instruction has been around even longer than the tech industry, did you miss out on the window of opportunity to become a ski instructor due to saturation?...
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by qwrusz 10y ago
Gotcha. Assumptions definitely are liabilities ;)
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by qwrusz 10y ago
I realize the irony of this comment: But Marty Chavez is one of the few openly gay, latino Wall St. execs. Great, diversity, progress... This wasn't mentioned in the article and to be honest, that is rare and it was cool to read on art
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by qwrusz 10y ago
http://www.timezonewatchschool.com/WatchSchool/
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by qwrusz 10y ago
Love this post. 1. Russia and China have no real need or use for counterfeit (or real) paper US dollars. What the hell would they do with them? These countries have GDPs in the trillions of dollars. 2. It is illegal.
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by qwrusz 10y ago
I wish more losers wrote their history books too.

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