rando18423

8 ms·

1.
by rando18423 10y ago
Location: Houston and Los Angeles Remote: sure Willing to relocate: absolutely Technologies: Excel, VBA, various risk management software and trade management systems Resume: Big 3 Swiss commodities trading house, Citigroup Sales & Trad
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by rando18423 10y ago
I'm not sure how these are legal, I'm in my twenties with 20/20 and only somewhat sensitive to light but even the normal ones are absolutely blinding to the point where I'm really not sure what I would do (other than hav
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by rando18423 10y ago
If you were building a company, would you recruit your colleagues from Berkeley, GS, or FB, and why?
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by rando18423 10y ago
They lend based on the 5 C's, anything else is considered speculative. Cash flow is the starting point and is nice, but even in college I was approved for a credit line from Chase... Up to about 85% of the value of our single asset, wh
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by rando18423 10y ago
Is this the kind of society we want?
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by rando18423 10y ago
Why not just group the fraudsters and the gangsters together like we normally do? These banks have had about 15x as much time to make that mistake, to me it looks like LC was headed that route.
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by rando18423 10y ago
really? I think if the justice department could prove personal fraud by one of the bank CEOs they'd be alllll over that.
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by rando18423 10y ago
I think market makers used technology to do exactly what they've always done at increasingly higher speeds. History also shows you're wrong, for hundreds of years market makers have sought an edge by trying to get information fast
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by rando18423 10y ago
Lots of talk in here concerning superpowers falling, and not much about how it's way more favorable for companies to use debt financing in a low interest rate environment... Lol developers should stick to developing
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by rando18423 10y ago
Protect people! Ha! The laws covering cabs require them to go into undesirable areas so those that can't afford a full car can still get around, accept cash payments for those unable to get credit, vehicle inspections, and so on. When
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by rando18423 10y ago
...ok, how? I understand it's "all about execution" but were there not explicit laws governing taxis and related services, as well as running a hotel out of your home? Did we as a society not choose to put those in place?
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by rando18423 10y ago
Wow, I forgot we set up our society so tech developers got to decide what kind of society we wanted. Laws requiring cabs to serve disadvantaged areas? Accept cash so people without credit could get around? Provide safe living spaces, up to
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by rando18423 10y ago
Yes actually? "Hail a cab."
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by rando18423 10y ago
I don't disagree with you, but your statement is incomplete without acknowledging these were also illegal services.
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by rando18423 10y ago
For what it's worth, this economist agrees: https://mobile.twitter.com/Noahpinion/status/746483638158561...
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by rando18423 10y ago
No you can't. Was there ever a law explicitly saying coding an OS was illegal? Versus operating a cab company without registering with the government to prove compliance with laws already in place to deal with those? Or similarly runni
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by rando18423 10y ago
No, making cars was never outright illegal. Operating a cap company, (or rather an illegal one), without proper licensing was. Operating a hotel out of your house was. Nice strawman.
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by rando18423 10y ago
Exactly
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by rando18423 10y ago
Wow, so the crown of the "fintech" movement is just as bad as the banks, and the two biggest Silicon Valley successes of the last decade, Uber and AirBnB, are really just cases of massively successful regulatory arbitrage. Nice in
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by rando18423 10y ago
You don't think having to stand down rioters, have molotovs and stones thrown at you by an entire community of people proclaiming they are fucking done with dealing with you around, have shots fired at you, have officers shot in their
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by rando18423 10y ago
Only $15B?
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by rando18423 10y ago
Exactly!!!
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by rando18423 10y ago
come on, don't bash Texas. The way Marc Andreessen just talks his book nonstop and ignores anything else would make Wall Steet deathly proud.
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by rando18423 10y ago
Hong Kong is fucking awesome to get around. Why not moving sidewalks like they have there with the Midlevels Escalators? I used that to walk from Midlevels to Central every day and loved it.
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by rando18423 10y ago
Hold on you really don't think the Baltimore police will back off or hesitate before they do what they did again? The only thing that influences their decisions are if it cost them money or not????
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by rando18423 10y ago
I think his point is that the idea that knowing you will be retaliated against, even if it's a "net loss" in some ways for those retaliating against you, is an extremely powerful force for good in our society. Do you disagree
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by rando18423 10y ago
Thanks. Step 3 and 4. You wire them the CNY, and how do they get your new BTC? I guess you're saying that the way most exchanges work is with a central depository of BTC and they just internalize (book out) their orders? (Unless the ex
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by rando18423 10y ago
can you elaborate? I'm not sure I follow
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by rando18423 10y ago
I had to download the LinkedIn newsfeed blocker it was getting so horrible. Like 90s grandma chain emails horrible. And I work in energy finance / investment banking / hedge funds.
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by rando18423 10y ago
Wow. Since when is every regulation supposed to pay for itself? Do police? SWAT? I highly suggest reading Steve Randy Waldmann's analysis of the Baltimore riots and altruistic punishment. He is an actual economist, whereas this thread

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