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Archived threads in /biz/ - Business & Finance - 497. page
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What happens if you're heavily invested in a stock exchange and your nation is annexed by another one.

For example, invested in the asx, australia is annexed by some ching chong or arab, wat do biz
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You'll have bigger problems to deal with
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>>1113142
Doesnt answer my question faggot
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>>1113146
Yes it does. The invading nation could do whatever they felt like until America came to rescue you. You're basically asking what would happen to the money in your wallet if you got kidnapped.

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So what jobs are safe from this?
I'm thinking of going into cybersecurity...is that a bad idea?
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Cybersecurity will absolutely grow in the future. Already growing at a great rate. Infeasible in my eyes to be replaced by robos or advanced programs. Someone needs to write them anyway
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>>1112452
>Someone needs to write them anyway

Eventually programs will be able to write themselves.
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>>1112459
cybersecurity is different, not only that but there's also the matter of efficiency of code. cybersecurity is absolutely a good domain to go in.

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>all you had to do was create a viral video

It's your fault you're not filthy rich with minimal effort. All you had to do was not be a lazy teenager. You couldn't even manage that so now you're stuck working your whole life.
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Videos go viral randomly, dumbass
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>>1112033
I'd say 90% of viral videos that aren't vine/snapchat/etc type are intentionally made to go viral. If you study viral videos and follow trends it isn't very hard.
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>>1111888
agree

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Explain me this /biz/

How come tobacco is a superior longterm investment vs an index?

Tobacco continuously has to deal with lawsuits, tax regulations, WHO types organisations taking a shit on them, bad press.

Yet they wipe the floor with the index, pic related.
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They always had strong fundamentals, high profits, low debts and overall great management. That's what you should look for when investing in a company.
/thread
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>>1113444
some of this is actually misleading. most if not all are trading lower than 2007
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>>1113444
>Tobacco continuously has to deal with lawsuits, tax regulations, WHO types organisations taking a shit on them, bad press.
They just pass the costs onto the customer and budget accordingly, also they have battalions of lawyers on staff already so it's not like lawsuits cost them in legal fees.

It works because it's a really addictive product consumed by many and, possibly most importantly, it doesn't really impact your ability to earn money unlike other addictive drugs.

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Hello /biz/. I need your help. I want to write thesis on my studies about technical analysis based on point and figure charts. But I have a problem with literature in my language - there is only one Dorsey's book avaiable. So I've started looking for more in English and I've found Du Plessis book. But I still need more. So if you know any books related to it, any publications, magazines, pls let me know. I will be grateful.
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>>1113417

Since you are writing a thesis, you might want to look at some of the academic articles on this.

Foundations of Technical Analysis: Computational Algorithms, Statistical Inference, and Empirical Implementation

Lo, Mamaysky, Wang - Journal of Finance 2000

http://rramakrishnan.com/516/Readings/Financial-Economics/Technical-Analysis/Foundations-of-Technical-Analysiscomputational-Algorithmsstatistical-Inference.pdf

Read it and look at everyone who cites it and who they cite.
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>>1113441
thanks man. Of course, I also looking for academic articles too, I would even say it's "the most wanted". But it is only about TA in general, it will be helpful with chapter about the basics of TA. But I need more about TA based exactly on point and figure charts

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its not that big but the thing is im fucking retarded with tech and things related, i can make amazing ideas and imagine how things work. Now my question is biz, how and who can i sell and make this business idea work? Is their a way i can just sell the idea, and live like a king.
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recruit some tech people.
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>>1113305
im poor..................
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>>1113304
What is a patent?

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Why aren't you investing in dum-dums?
http://www.spanglercandy.com/candy-store/dum-dum-pops
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>>1113265
Sage this cancer
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>>1113265
>not buying the 2340 pack and selling them at 20 for $1
>not making an easy 45 bucks off a 75 investment.
>not doing this 100 times and reinvesting your earnings each time.
>not becoming the candy man
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>>1113299

When I was in high school I would buy the large pack of Airheads from Costco then sell them for 25 cents each in school. I made decent side money doing that.

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Hey guys.
So I got a letter from me not filing a tax return for a Municipality in Ohio in 2014 (Specifically a podunk little redneck village), the only problem is I'm in California now and have been for a year.
The letter was sent to my old address where I was staying, and they want me to appear in court. Obviously I can't do that.
Legally what are the repercussions of me not paying and just never going back there?
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It doesn't work, I think, but bump. I'm currently getting my forms and seeing how much I'd have to pay (It's whatever I'd have to pay, plus a $20 fee plus interest.)
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>>1113101
If I were you I would talk to a tax attorney...
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>>1113101
>Legally what are the repercussions of me not paying and just never going back there?
Worst case scenario, the judge issues a bench warrant and you can be arrested if you ever return to Ohio. The warrant and a tax lien may also appear on your credit history.

And yes, it actually happens.

http://www.ohio.com/news/couple-nabbed-over-unpaid-10-tax-in-barberton-1.121908

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There's some claims that Donald Trump could've gotten even richer is he just "did nothing" and invested in the SNP 500. He would've had 8 billion, instead of 2-4 billion through his own investments/companies.

While I really want to invest in it, it's been steadily decreasing for 3 years now. All evidence points to it being on a major downturn again.

Is it really worth investing in the SNP 500?
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>>1112570
The law of averages, and patterns, shows us that the SNP has peaked, and it's going to keep declining now until it reaches $600 dollars again, before making another ascent.

How is this a stable, worthwhile thing to put your money into? I mean, if you didn't invest in March of 2009-Jan 2014 the absolute latest, seems like you're going to be losing money no matter what.

Am I wrong in this?
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>>1112576
The S&P has grown a whopping 1336% since 1988. If you had invested $1,000,000 in an s&p index fund you would have $13 million dollars.
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>>1112595
In 1988, but we're not in 1988 anymore.

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I'll kick it off with the situation I'm in and the questions I have around it.

I've been offered a partnership buy-in for a small company. I know a bit about valuation, but this company is really young (6 months) and the market it operates in is pretty young too ("Escape Game" entertainment), so that makes it even more complicated to pin down a number I'm confident in.

I worked out a floor of about $125,000 liquidation value, and they gave a number of $550,000 based on projected revenue for a year plus current assets as they've...
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wow you're an idiot.
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>>1112428
It is wise to not value a business based on projected revenue, but on actual revenue. The projected revenue should just be a incentive to get in the business but nothing more than that.
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>>1112442
Thank you. That's my feeling as well.

If they had been running for 2 years and the revenue stream was proven, then I'd be comfortable with a revenue multiplier type valuation, but there is just not enough data yet.

>>1112440
no u.

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I live in France. Where could I buy oil and commodities online ? Also, Where could I bet on US sports and politics ?
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Fuck you France
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>>1112420
There are a lot of bitcoin betting services. I don't believe you need anything but a wallet address to participate in those.
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>>1112420
You could probably go back to your village in Somalia and do it there

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hey /biz/ quick question. I work for a restraunt. We sell half off sushi on Mondays. But the sushi is rolled 11am-2:30pm then sold 5pm-10pm. The dish out has no ventilation and can get up to 100-110 degrees. Plus no ventalation all the chemicals from the dishwasher just sits in the air unless we open a door. Plus there are a bunch of pans with cooked beef, shrimp, crab. That is just left open close (but off) the floor. Can anything legal be done? Or would it pass?
14 replies and 1 images submitted. Click here to view.
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>>1112053
Dish pit not dish out. The sushi is rolled and served from a dish pit
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>>1112053

Sounds like a recipe for food poisoning. Why not just refrigerate it?
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This sounds like a food preparation and legality question. Have you asked /ck/? They might have more immediate knowledge on this.
Still, it's probably more sanitary than the sushi you can get in those shrink-wrapped packages.

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Do any of you guys have a private bank? A large amount of my net worth is in accounts with Lombard Odier, who are great.

Anyone have any recommendations on better private banks for HNW individuals?
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>>1111301
Wykurwiaj na kara
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Coutts
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>>1111301
Set up your own family office by poaching a couple of kids from the bulge bracket

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First time posting on /biz/ so I'm hoping any offense i bring to any of you is through the content i share, and not the terms I use to share it.
I fucked up. I've known for a while that I've been walking a tightrope over disaster with no real end in sight, and now I'm scared I mightve fallen on the deep end with taxes.
My parents think I'm going to college, and I'm not. My mother did her tax returns and needed tuition statements from colleges I did not attend in order to finish filing her return. I made some phony statements in paint that...
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Easiest solution is tell her before the amending period is over so she can fix it.
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>>1113206

As much as you might get paranoid and feel shitty I'd just wait it out and assume for the best.

Unless your parents make 250k+ and e-filed you likely wont get audited and no one will ever pay attention or give a shit.

fraud of this nature is incredibly commonplace and most people put less effort into it.
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>>1113216
it was e-filed. though our income certainly isnt that high, should i still be concerned. As Ive managed to become a horrible scumbag up to this point, I've managed to collect my mother's personal info and may be able to go online, log in using this info, and amend the report without my parents knowing. (if I'm lucky anyway) is it still better to just wait and let it blow over?

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What's up /biz/ I'm 18 year old Biology major and I've recently became intersted in business and stock and whatnot, but I don't understand anything about them.
Can anyone explain what I can do with 1,300$ in the realm of economics???
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>>1113068
Buy books. Read the most simple ones first (try looking for a reading sample and ask other anons). Also, maybe you want to do the Finance and Economics section on Khan Academy if you need a quickstart on basic finance n shit. Make sure to go on Investopedia.com to look up terms you don't know and learn some concepts.

Also, start reading Google/Yahoo Finance to get updated on the markets (maybe watch BloombergTV Live on their website).

When you are more experienced, you can start reading from other...
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>>1113073
Thanks man.
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>>1113108
any book you want to buy, torrent instead and save money

i honestly dont know what kind of fucking moron would recommend you to buy books on 4chan, but ill at least be realistic with you

you fuckboy

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