Archived threads in /biz/ - Business & Finance - 472. page
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So I have this one friend from HS that's always posting this conspiracy level shit regarding the Fed on his Facebook. For the life of me, I have no fucking clue what he's talking about. Can someone please shed some light on this shit for me?
they were assassinated for opposing the fed, is the implication
The main points are is that the FED is controlled by private interest and businesses, not by the congress even though the FED officially is audited by them.
>>1132702
Well first off it's important to know that the Fed was founded in 1913 which is half a century after the death of Abraham Lincoln.
So whoever posted that probably doesn't know a lot more about the Fed than you.
Post your biz related apps for your iPhone or android here!
I personally use a currency app and a stock portfolio one(pic related). They're really nice and let you choose different portfolios so you can display them with a widget and check with a glance.
I'm looking for some good news ones(mostly for Canada) but nothing seems to be any good.
Well?
W E L L
E
L
L
Well
Future accountanting major here. Is the future of automation going to make my degree worthless?
Future finance major also wondering about this
Google tells me that about half of a financial analyst's job is to pretend he knows what he's doing so it's reasonably safe, as long as you can convince people you're worth keeping around
The other half (or the same half, really) is interpretation, which machines are still pretty awful at.
If someone can tell me how accurate this is that would be great
Ethereum and the blockchain will make accounting redundant. Sorry.
Nope.
Automation only makes your job easier.
Computers will not(in the foreseeable future) be able to understand complex tax laws and intricacies.
It might though in 50 years. We never know what kind of technology there will be, but with that logic anything can be automated.
Daily reminder that
1) Bitcoin is the king of crypto. Altcoin hardfork contenders are amateur coders/powergrabs
https://www.youtube.com/watch?v=aV_5GonmRzU&feature=youtu.be
2) ETH is a fucking meme/scam (pic related). Everyone shilling it here is the same samefag, known for spamming Reddit with endless private messages.
3) The war on cash continues. Physical cash to be gone in 10 years. Bitcoin the biggest treat as trillions of dollars could flock in in lack of a way to circunvent guvermintal control (this would make owners of a decent amount of...
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>>1132454
>calls ETH supporters low IQ
>can't spell "Turing complete"
>might be a nigger
>doesn't realise bitcoin maximalism is what will kill crypto
>doesn't realise ETH will make crypto real
>makes threads anyway
>>1132475
Is this how you cope?
>>1132491
>calling everyone a samefag
>insulting Mike Hearn
>accusing me of spamming leddit
Is that how YOU cope?
Does anyone know of a business oriented chatroom or forum to just bounce random ideas off of?
I have small business questions that I want quick opinions on but certainty don't warrant a thread.
>>1132421
You just started a thread, might as well ask.
>>1132421
#lifting on rizon
>>1132421
you're here already, man...
How do you overcome poor social skills on the path to success?
I know I'm not the only one here with this problem.
You work on them.
It's like any skill.
develop them one skill at a time.
>>1132420
By socializing. Yeah, that's it. Get off your comfort zone and start making c9nversations.The more you do, the more experience you'll get and it will become natural. Anxiety comes from being an unknown behaviour.
Also, you'll find out which subjects you dominate, which don't, and which topics are cringe worthy so they should be approached carefully
You have 10 seconds to say why you haven't bought ETH yet?
Top banks are testing it and Microsoft approved their blockchain technology.
What, you think you are smarter than Bill Gates and the jews from Goldman Sachs?
Depends, how many ETH has Blankfein bought so far?
nigger
>Technical Analysis
>>1132131
This is what happens when you don't buy ETH.
>>1132131
I'm confused. Is technical analysis involves the whole knowing alphas and betas and then considering the whole balance sheet before buying or you just do some crazy shit fibonacci or something?
>>1132138
Technical analysis is basically using patterns, trends and lagging indicators.
Algorithm trading uses alphas and betas and a lot of statistical bullshit to find high correlations for second/minute trades impossible to do by a human
Difference between technical analysists and algo nerds is that technical analysts trade with their eyes glued to the screen. Algo nerds let their bots do it for them
So I bought around 950 ETH when it was 4.3$ or something.
I have pretty much doubled the money and am holding those 950 ETH.
I still have about 5000$ left at the exchange.
Should I drop it on the rest of ETH or wait to BUY THE DIP?
What would you do in my place?
I'm a long term investor.
>>1131879
>to the moooooooon
Buy that dip fucker
>asking real investment advice on a Burmese woodworking community
>>1131884
Asking for /biz/ advice on /biz/
Yes, doing that.
Actually doing that.
Yes.
Where is the problem?
If the fuckers here would have listened to Bitcoin shills a few years ago, there would be a lot more Lamborghinis.
A few days ago my boss called me to his office and said my time hedge funding was done. I was plucked out at 18 and managed a million dollar portfolio and managed to not fuck It up. Like most dumbasses I was handed a twenty five million portfolio and I didn't fuck that up. Now I was competing with some asshole with some seniority and ass kissing ability like no ones business over a eighty million portfolio and he got It handed to him and I got tossed. I'm not going to say I'm not happy, I spent three years working with some of the best guys there are and have made enough money through personal investments to last me ( born middle class ) a long, long time If not my entire life and then some. So my boss tossed me and said I was better off living off of my interest and that my " investing ability " brought nothing to the table. Now I had been curious at some of the deals we were making, nothing concrete at all but when an exec gets a call from a shareholder of another company ready to dump %15 of a company and for no reason whatsoever calls up my former mentor to tell him. This profession Is for greedy immoral men. Luckily I lasted long enough to make a pretty penny. What do I do now? I don't want my life being a game of looking at stocks but at the same time I was very graciously offered a job for a large sum of money at a young age so I didn't have to make many life deciding choices, college wasn't completed and my budget was pretty cut and dry with little money management besides keeping 11k a month for stocks. Anyone here have some advice? There aren't many people I know that are In this weird situation. I'll answer some questions In exchange for wisdom.
Hedge funders are the biggest wankers I've ever met, and I've met my fair share. Do you niggers even know anything or just pour money into shit you read on Facebook?
>>1131869
I made rather good investments. My lastest portfolio I managed for a year and a half and manged a %13 return rate for most stocks. I had a few stocks with a return rate closer to %2 but that was under the advisement of my mentor ( He's far more of a speculation kind of guy. ). I had a perfect GPA In finance and managed personal return rates of %11 so I've thought that shit a million times. As for most hedgers they usually have insiders or work speculatively to be frank they consider the middle classes money...
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>>1131886
managed*
Pump now, don't cry tomorrow.
>>1131821
Nem pumped all weekend you think ita going to again?
I already shilled this weeks ago
It went up almost 300%
You think more?
Seriously
>another fucking coin
I just got into ETH, what kind of shit is this?
>>1132127
Its Japan eth, no seriously its better though
