ttt333

6 ms·

1.
by ttt333 4mo ago
Is it just me or does this seem to be directly pasted out of an LLM
2.
by ttt333 2y ago
Banks provide a service to the economy of connecting people with more money than needed right now (savings) to people with less money than needed right now (loans). They make money in between when this goes well. So I would contend the shif
3.
Modeling to Learn(budgettofactuals.com)
1 points by ttt333 2y ago|0 comments
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by ttt333 2y ago
I have no idea if technology like this will prove to be scalable, economically competitive, or even practical… but it does seem pretty dang cool as a concept
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by ttt333 3y ago
Yes. I've tried using it for pretty straightforward time series forecasts, and I struggled to make it into something useful in a business context. I'll disclaim that I'm just a finance dude and not a data scientist or program
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by ttt333 3y ago
I've been surprised at how little adoption of the Python data / viz toolkit gets picked up in finance settings, when it seems like such a natural fit, so I wrote this post to help unpack it. Curious what y'all have seen in yo
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Corporate Finance and Python: Early Learnings(budgettofactuals.com)
1 points by ttt333 3y ago|1 comments
8.
by ttt333 4y ago
Short term treasuries are definitely pretty common on the asset side, but if you refuse to honor withdrawals on demand deposits you won't have a bank anymore and the FDIC will step in to wind things down
9.
by ttt333 4y ago
Yeah that's true, it matter more for net-interest-margin / interest income generation in a rising-rate environment. Good point
10.
by ttt333 4y ago
respectfully, I'm not so sure. The decline in bonds applies to all fixed-rate securities. The only alternatives would have been just straight up cash (bad with inflation) or riskier, less-liquid assets (non-tradable loans with floating
11.
by ttt333 4y ago
Fair question. My answer would be... kinda. The cash available on an ongoing basis to be re-invested or returned to investors is what you might call levered free cash flow [0], which I think is what you are referring to. My comment about
12.
by ttt333 4y ago
Could you clarify what you mean about the dollar in your pocket worth more than debt at 3% interest? In corporate finance net cash or net debt is indeed standard practice (cash on balance sheet less debt on balance sheet). It sort of helps
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by ttt333 4y ago
Not related, but your place sounds beautiful
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by ttt333 5y ago
> "You can’t use rental income when calculating your debt to income ratio." Do you have a source for this claim? Based on personal friends who work in the lending / single family rental home space, I don't think that&
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by ttt333 5y ago
The terminal point doesn't necessarily have to apply for the company, or even the financial asset based on the company. There is an simple model in finance [1] that collapses an infinitely growing stream of cash flows into a finite pre
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by ttt333 5y ago
Formerly worked in Investment banking: it is a huge huge determinant of value. Particularly for a lower-dividend, higher growth company like Nvidia, the vast majority of the present value comes from the terminal value (what someone else wil
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by ttt333 5y ago
Within the subset of certified, normal category piston aircraft, you will find one of these two on a sizable proportion of those airplanes. [1] https://en.wikipedia.org/wiki/Lycoming_O-360 [2] https://en.wik
18.
by ttt333 5y ago
If you consider "add to quality of life" a synonym for marginal utility I think you may be in agreement. Yes, $10 buys the same Mcdonald's lunch regardless of how much money one has, but two people, one with $0 and one with
19.
by ttt333 5y ago
Kinda. In a normal IPO the big banks will agree to underwrite (that is, buy from the company and then immediately sell to investors) all the shares at an initial "offering price", and this is agreed upon in writing a little bit be
20.
by ttt333 5y ago
Why don't we discuss corporate income taxes as effectively a fee for the legal and commercial advantages associated with being a corporate entity in the US? For example a C corporation can tap into highly liquid and well developed capi