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Archived threads in /biz/ - Business & Finance - 698. page
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ITT "villains" who did nothing wrong
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Wait for it.
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>>1049832
Is their motto seriously "solving challenges"? That's the stupidest shit I've ever heard

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My books finally came today. I really want to do well this semester and not be a disappointment. Class starts in a few days. Are there any tips or anything you guys have? What do I need to know to prepare for this class?
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>>1049768
I still haven't bought mine. Not gonna pay 200 for something I'll use once. Pdf torrent them.

Just study hard.
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>>1049768
pomodoro technique
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>>1049768
>Literally stats for retards.
>How do I prepare?

Don't worry about it, anon.

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I'm interviewing with Bloomberg in San Francisco in a few days for a financial sales and analyst position, BUT I DONT KNOW SHIT ABOUT FINANCE

pls help me /biz/

pic related
the final boss of jew york
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>>1049607
pls?
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Read "The Devil's Financial Dictionary" in about a day and get a solid grasp on finance jargon, watch some khan academy, and figure out what the hell they want you to do all day. Don't be afraid to say that you don't know something, but are willing to do whatever it takes to learn. They probably have mandatory training anyway. Good luck, tell us how it goes.
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>>1049781
thanks man thats great

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> more how-to videos will be created
> bigger gap between rich and poor
> things we take for granted will become a luxury

ITT things of the future
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>>1049461
There must be a tachyon burst coming up, because I'm drawing a complete blank.
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>Gap between rich and poor

Why does this matter? People live better than ever right now. Just because someone has $100billion and I have only $1million doesn't make it worth any less.
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>>1049966
>Better than ever
Define ever. Also the inflation isn't the only factor in raising prices. Cross the evolution pf the cost of higher education with the graph, and you'll see that for half of the U.S population, the chances of having a degree (and use it as a way out of poverty) are worse now than "ever" since the 50's.

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How do you DARE saying technical analysis doesn't work?

1) Gap up, bottom tail forms and we have a breakout pivot.
2) Bearish engulf in a downtrend followed by a bearish marubozu.
3) Top tail in a downtrend.
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>>1049441
Oh shit.
I didn't realize we were in a duck pattern.

For those that don't know a duck pattern means you should stay away from consumer staples and stocks and put money in the banking sector.
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My favorite three are the reverse shooting star pattern, the double cross soaring eagle and the golden merchant star.

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/biz/ give your best advice
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>>1049120
Adversity builds character
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don't neglect working the shaft while you're sucking dick. it makes the whole process end faster which, as a result, will make your operation more efficient, and therefore profitable.
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Figure out what you want in life, then start doing things to reach those goals. I mean really figure it out. Not just "I want money." How much? To what end? What do you want to buy?

Figure out the lifestyle that you want and realize what strings are attached. Think about if your goals are realistic. If you want to be rich but don't want to work 70 or 80 hours a week, maybe you should consider something else.

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How rich are you /biz/?

http://www.globalrichlist.com/

>by income
>by wealth
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>>1048990
>0.69% richest by income
On £29k net, I don't believe this
>15.21% by wealth
I don't own a house and I just turned 20. That's only going to go up.
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>>1049050
Please tell me that you're not serious.

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How long until the petrodollar system collapses?

> Low Oil prices are pressuring Saudi Arabia and other nations to un-peg from dollar

> U.S will never pay back it's debt, which leaves only two options. (Default or Devalue the currency.) Both of which will destroy the dollar.

> Russia is in cohorts with China to create a new Eastern currency to bring financial power away from the dollar to a new gold backed currency

> Central banks...
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protect from what?
I'm not a amerifag
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>>1048154
>petrodollar
Nice meme
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>>1048154

> what will you do?

Relax my throat.

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>over a million graduates a year
>a few thousands of job openings a year
>muh "STEM shortage"
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>>1047860
if you don't know anyone in the industry you either won't get a job at all, or will only have shit tier contract positions available to you that have no benefits and pay like 40k per year. at that point you're much better off going into trades since you'll make roughly the same and it's a union job.
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>>1047860
Not all STEM positions are created equal
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It's actual a STEM oversaturation in USA. When "they" say there is a STEM shortage, they actually mean a shortage of H1B visas for foreign workers who will work less than domestic workers.

Biz, here's what you need to know to be a successful long-term mutual fund investor.

1. Invest in mutual funds, not individuals stocks. If you think you have good odds to beat a team of full-time quants working 60-hour weeks with priority latency to trading servers, you're delusional.
2. Invest in the future of the human race. Go diverse, go broad. You're going to want to be invested long and diverse when the next breakthrough comes out, whether it be alternate energy, tech, or healthcare innovation. A good rule of thumb is to make sure you don't...
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Guide to choosing funds.
1. Make sure the expense ratio is low (0.5% at most). Expense ratio is $ you are giving away to the fund manager. Index funds are particularly nice here, with some Vanguard offerings having a < 0.1% expense ratio.
2. Lookup the fund's turnover rate, and make sure it is lower than 50%..the lower the better. A turnover rate is the % of stocks that the manager buys/sells in a given year relative to the total. A high turnover rate indicates the fund managers do not have discipline or are only chasing short term goals. Turnover can also be a...
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Index funds are ideal, but there are some active funds out there with decent managers. What to look for in an active fund is the following:
1. Look up the fund management on Morningstar. Check the chief manager's..are they bouncing around from fund to fund? Bad sign, that indicates they care more about their own professional growth than their fund.
2. Check out the top 10 holdings in the fund. Are they boring? GOOD! Market typically charges a premium on "exciting" companies such as Apple, Facebook, etc. Boring companies are generally overvalued.
3. Are...
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* I meant to say that boring companies are generally 'undervalued'.

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ITT: Fresh out of college Salaries

Finance degree. $46k a year
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Cock gobbler. $69k
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professional knee pad purveyor

I work on commission
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Pepe Market Analysis MD

300k starting salary anywhere I want

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Whats the best way to buy military surplus bulk?
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>>1050090
>tacticool East German/Tantal AK
may god have mercy on your soul
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>>1050093
>STALKER loadout

good try
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>>1050090
Try asking /k/ or /out/

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So most people don't think like /biz/, but we want them to at least be on our side. How do you deal with this? Maybe you work in sales and sell shit to people that really shouldn't be buying it. Or maybe your co-workers would rather talk about television and sports teams than dividend returns or Chinese growth. What types of problems have you faced with this and how do you deal with it/make it work to your advantage?

Further to this, how do you humor these types without going full-blown sociopath? Thoughts, comments, experiences.
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Think from their point of view is the simplest and best advice.

Someone is overweight, would he like it if you made him feel too fat to ever get fit and that everyone would ridicule him at your gym?

Certainly not. You want to make it seem easy and effective to get fit, and that it's not out of reach.

Basically everything stems from this. Now you just adjust the variables...
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>>1049981
read how to influence people and win friends by dale carnegie

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does anyone know of a bitcoin exchange where i can sell my bitcoin for usd and have it deposited directly to my bank account without having to give off every bit of information about myself like bitstamp? I have .47 btc on btce and the minimum is $1000, i need the money asap since i start school tomorrow and im broke as shit and dont even have money for a notebook
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Localbitcoins

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I start school in 8 months for accounting (financial), but I only have an average understanding of it. What book(s) could I buy to get started? I want to get a head start so that I don't look stupid.
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Also, does anyone have any experience in forensic accounting? What's it like?

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