Viewing profile — finance-geek

Dont end up like this unfortunate boy: https://en.wikipedia.org/wiki/Ahmed_Mohamed_clock_incident

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 bu…

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 t…

“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 …

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 sch…

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.

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…

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 s…

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 st…

>> 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 i…

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…

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 …

@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 indus…

I was thinking the same, but it is earnings season in a down market...

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!

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 t…

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 peopl…

@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…

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 econom…

Too funny.

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)

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 …

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 con…

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, w…