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Shibboleths that get you past the initial script stage

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Re: Shibboleths that get you past the initial script stage

#11

Post by leipert »

fogetti wrote: post #6
ValentineC wrote: post #5

Another article from the same author on how to be a Dangerous Professional: https://www.kalzumeus.com/2017/09/09/identity-theft-credit-r... (HN discussion: https://news.ycombinator.com/item?id=15206926 )

> “But I’m not a shareholder!” A surprising amount of Americans are shareholders in large financial institutions. Do you have an IRA? Does it invest in e.g. mutual funds? If you own a mutual fund or index fund, you are highly likely to beneficially own fractional shares of US financial institutions. Someone who owns 0.01 shares is a shareholder; welcome to the magic of capitalism. I like this guy. He has great insigh…

Ha. My dad has an account at cooperative bank (https://en.wikipedia.org/wiki/Volksbanken_und_Raiffeisenbank...) and every time he has business at the bank, he says: "You know, I am a co-owner of this bank". Usually the personnel is confused by this.

Re: Shibboleths that get you past the initial script stage

#12

Post by leipert »

netcan wrote: post #10

This is (hopefully not) obnoxiously off-topic... As a Hebrew speaker, I wish the "shibboleth" idiom (which is a good one) was translated, rather than transliterated. laoned idioms are inherently exotic, and this one is worth demystifying It means any choice of word (or pronunciation, in the literal example) that clearly identifies the speaker's group affiliations. A good modern example is "LondonDerry/Derry. This'd b…

Yes. I am a native German speaker, and apart from grammar (people usually have a bit of trouble with cases, articles and particles) there are a few nice words to trip people up:

- Streichholzschächtelchen (match box – diminutive): https://commons.wikimedia.org/wiki/File:De-Streichholzsch%C3...

- Austrians use a lot of different words, my favorite being Jänner and not Januar for the month January

- Swiss German: Chuchichäschtli (small kitchen cup board) which is hard to pronounce, apparently Arab, Dutch and Hebrew speakers are at an advantage here.: https://commons.wikimedia.org/wiki/File:Chuchichaeschtli.ogg

- Another fun thing, different words for bread rolls depending where you are from: http://www.atlas-alltagssprache.de/wp-content/uploads/2012/1...

Re: Shibboleths that get you past the initial script stage

#13

Post by OscarCunningham »

Tenoke wrote: post #8
fogetti wrote: post #6

Earlier quoted context omitted.

> “But I’m not a shareholder!” A surprising amount of Americans are shareholders in large financial institutions. Do you have an IRA? Does it invest in e.g. mutual funds? If you own a mutual fund or index fund, you are highly likely to beneficially own fractional shares of US financial institutions. Someone who owns 0.01 shares is a shareholder; welcome to the magic of capitalism. I like this guy. He has great insigh…

It seems wrong though - I am not an American, but if you e.g. own shares in an ETF (or mutual fund), you just own shares in the ETF while they own the shares in the underlying assets. I am not even sure if there's a legal definition of shareholder, but assuming that there is, I suspect this doesn't cut it and you are simply a stakeholder instead. Feel free to link to relevant materials, if that's not the case.

Legally, people make distinctions between different kinds of ownership. So you can be the "beneficial owner" without being the "registed owner".

In fact every public US stock is owned first by Cede and Company. Any public stock you own is a contract with them (via intermediaries). https://en.wikipedia.org/wiki/Cede_and_Company

Re: Shibboleths that get you past the initial script stage

#14

Post by bearbin »

Tenoke wrote: post #8
fogetti wrote: post #6

Earlier quoted context omitted.

> “But I’m not a shareholder!” A surprising amount of Americans are shareholders in large financial institutions. Do you have an IRA? Does it invest in e.g. mutual funds? If you own a mutual fund or index fund, you are highly likely to beneficially own fractional shares of US financial institutions. Someone who owns 0.01 shares is a shareholder; welcome to the magic of capitalism. I like this guy. He has great insigh…

It seems wrong though - I am not an American, but if you e.g. own shares in an ETF (or mutual fund), you just own shares in the ETF while they own the shares in the underlying assets. I am not even sure if there's a legal definition of shareholder, but assuming that there is, I suspect this doesn't cut it and you are simply a stakeholder instead. Feel free to link to relevant materials, if that's not the case.

By that logic, nobody is a shareholder at all, thanks to the magic of Cede and Co. [1] The only real owners are the holders of the physical stock certificates - and almost nobody does this in real life for numerous reasons.

[1]: https://en.wikipedia.org/wiki/Cede_and_Company

Re: Shibboleths that get you past the initial script stage

#15

Post by netcan »

leipert wrote: post #12
netcan wrote: post #10

This is (hopefully not) obnoxiously off-topic... As a Hebrew speaker, I wish the "shibboleth" idiom (which is a good one) was translated, rather than transliterated. laoned idioms are inherently exotic, and this one is worth demystifying It means any choice of word (or pronunciation, in the literal example) that clearly identifies the speaker's group affiliations. A good modern example is "LondonDerry/Derry. This'd b…

Yes. I am a native German speaker, and apart from grammar (people usually have a bit of trouble with cases, articles and particles) there are a few nice words to trip people up: - Streichholzschächtelchen (match box – diminutive): https://commons.wikimedia.org/wiki/File:De-Streichholzsch%C3... - Austrians use a lot of different words, my favorite being Jänner and not Januar for the month January - Swiss German: Chuch…

Funny on the the swiss example. I was just thinking: that's not hard to say!

Hebrew is well adapted to dealing with words made mostly made from subtle variations of s, sh & t sounds... Which brings us full circle to shibboleth/שיבולת

Re: Shibboleths that get you past the initial script stage

#16

Post by eschneider »

zer00eyz wrote: post #3

Find the accounting department at work and make as many friends as possible. These people see the "numbers" (and that is the heart of any business). They can get your checks expedited (reimbursement or for vendors). They can tell you when a lay off is coming, or when the company blew out the numbers. Most of them keep booze at their desks. All of this will come at the price of coffee and doughnuts/pastries/baglels at…

Or when they close out the quarter. Don't skimp!

Re: Shibboleths that get you past the initial script stage

#17

Post by Amorymeltzer »

Had something similar at the Apple Store as well the other day. I had the wifi turned off on my laptop while waiting, and when the genius came over and turned it on, it wouldn't connect. After about a minute we came to the fact that I used (google|cloudfare)'s DNS (apparently Apple's wifi doesn't like that), which was enough of a signal that we likewise skipped a few steps.

Re: Shibboleths that get you past the initial script stage

#18

Post by Tenoke »

OscarCunningham wrote: post #13
Tenoke wrote: post #8

Earlier quoted context omitted.

It seems wrong though - I am not an American, but if you e.g. own shares in an ETF (or mutual fund), you just own shares in the ETF while they own the shares in the underlying assets. I am not even sure if there's a legal definition of shareholder, but assuming that there is, I suspect this doesn't cut it and you are simply a stakeholder instead. Feel free to link to relevant materials, if that's not the case.

Legally, people make distinctions between different kinds of ownership. So you can be the "beneficial owner" without being the "registed owner". In fact every public US stock is owned first by Cede and Company. Any public stock you own is a contract with them (via intermediaries). https://en.wikipedia.org/wiki/Cede_and_Company

As far as I understand, Cede's contractual rights make it so you are pretty close to 'owning' the stock compared to ETF/Mutual Fund.

>So you can be the "beneficial owner" without being the "registed owner".

Are you the 'beneficial owner' of an ETF's invested assets or just of the ETF instead?

Re: Shibboleths that get you past the initial script stage

#20

Post by chillydawg »

netcan wrote: post #10

This is (hopefully not) obnoxiously off-topic... As a Hebrew speaker, I wish the "shibboleth" idiom (which is a good one) was translated, rather than transliterated. laoned idioms are inherently exotic, and this one is worth demystifying It means any choice of word (or pronunciation, in the literal example) that clearly identifies the speaker's group affiliations. A good modern example is "LondonDerry/Derry. This'd b…

Is using the word shibboleth a shibboleth? I never really understood it until now and have never and probably wouldn't use it.
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