Viewing profile — ttt333

Is it just me or does this seem to be directly pasted out of an LLM

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…

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

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 fin…

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 …

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…

Yeah that's true, it matter more for net-interest-margin / interest income generation in a rising-rate environment. Good point

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 riskie…

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], whi…

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 …

Not related, but your place sounds beautiful

> "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 r…

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 in…

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 presen…

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/Lycomi…

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 ha…

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", …

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 corpora…