Which companies should one short during the upcoming bursting of the car loan bubble?
>>1035427
Invest in Repo
I could be wrong, but aren't car loans always given using the car as collateral ?
So unless millions of people default on the car loan and destroy the cars, I don't see how this is a bubble in the first place.
>>1035431
good idea, thanks anon
>claims to be /biz/
>still uses a mouse to navigate Excel
>>1035417
>Muh hotkeys
Enjoy being an excel monkey for the next 18 years.
>>1035417
>2016
>Using Excel
>>1035417
Jesus christ who the fuck cares? You will never make it with that nitpicking attitude.
help me understand this shit /biz/
it seems like in some news reports, they are saying china is done with the circuit breakers, but it seems like they're still putting limits on how much some people can sell. what's the real government rules that they're putting out now? because last week's shit started because they pushed back when chinese could sell from august to january, so if they're just pushing the problem down the road another few months i'd like to be sure i know
The answer is simply that no one knows what the fuck China is doing. Anyone who says they do is lying.
>>1036973
What pisses me off is that the first two times CHina shat the bed, the US market goes down with it. But now it just wants to float between 1915 and 1925.
It's making me rage.
>>1036993
Just means cheap stocks desu
Let's say I've got a product which brings alot of profit somewhere in europe. The niche is something that almost noone would think of. There are 2 other significant companies doing what i'm doing in the world.
Product is rather small, weights about 50 grams each and has a 500% marge on it.
If I was to offer someone in the US to become an exclusive distributor, with all the know-how and history of how it became succesful in where I live now, what kind of information would you want to know. Let's say you're interested in it. Drop some questions and i'll answer them. I won't tell you the niche or the product though. We can talk numbers if needed.
bamp
>>1035383
What's your volume/month?
What's your revenue and profit/month?
What are your yoy growth rates?
What are the chances a large competitor could enter the market and suffocate you?
Is the product legal?
How many employees, if any, do you currently have?
Do you/the company have any debt? If so, how much?
>>1035432
>What's your volume/month
6000 products sold per month
>What's your revenue and profit/month?
12000$, although where I live, this means earning 12 times the avarage wage.
>What are your yoy growth rates?
Been up on the market for 11 months now, if i understand correctly we grew from 0 to 6000 products sold per month, rather steadily.
>What are the chances a large competitor could enter the market and suffocate you?
None, my competitors base in countries where labour is expensive. My country has such cheap labour that big companies outsource here. Therefore i can play with prices however i want, and so can you.
>Is the product legal?
Yes
>How many employees, if any, do you currently have?
Taking care of this project, just one. Taking care of packing, sending and contacting clients.
>Do you/the company have any debt? If so, how much?
yes, 4000$
So now the the world is entering the second great depression, what are some things we can invest in? Water? Automobile parts for when the supply chains collapse? Guns and ammo?
Please respond
>>1035370
>he fell for the weekly happening meme
>>1035370
>water
we could literally fix this with enough reverse osmosis plants.
>>1035370
jew memes obviously
Hey /biz/
What economical advice would you give to the 19 year-old you?
Don't take out a credit card, just because they have people on campus pushing them to students.
You're a college kid, you're lazy, you'll forget to make a payment, and suddenly you're paying 200 dollars for a McDonald's hamburger when you factor in Interest and Late Charges.
>>1035192
Completely irrelevant. Focus on the present and future, the business world is no place for fantasy dreams.
>>1035200
There is nothing wrong with a credit card if you use it smart.
They can be useful.
But you should never buy things on Credit, that is stupid. If you want to be smart you only buy things with it that you can pay off.
So if you get something from Amazon you pay it off in full the next bill that comes.
You never allow it to go on credit from month to month and make interest for the credit card company.
Only stupid people buy things on credit that way.
But if your smart you can still use the cards to buy stuff online, as long as your paying it off and not making interest.
OK so I realized I really don't care for money. I am on minimum wage now and I have more money than I need (?!)
I'm inclined to live like a monk
But now I miss all the time I had when I was a NEET
I need to find out this info: what country in the world has the best ratio of pay vs cost of living?
I talked to a girl the other day who told me in Netherlands, she can work 2 days a week and live a decent life. She lives in a town, not city.
I'm an EU citizen so I could move anywhere within the EU... which country has the best pay/cost ratio, how can I find this info?
My ideal in this life is just to work as little as possible and sustain myself, I don't care about buying shit.
Basically I'm austistically invested in a particular topic and I spend my days reading books about that particular topic and that's all I care about. I just need something to pay the basic bills.
Found this:
http://www.numbeo.com/property-investment/gmaps_rankings_country.jsp
>>I talked to a girl the other day who told me in Netherlands, she can work 2 days a week and live a decent life.
Nonsense unless shes still living at home, on student loans or renting her body to a rich sugardaddy.
>>1035188
She lives in an shared apartment but has her own room of course.
Close to the border to Germany somewhere.
Over the past few days I've been following some pharma bros over on twitter, some specifically mentioned by Martin Shkreli.
To say the least, their picks are somehow crazily good. If I did invest on their stock reports over the past few days, I'd be up around 135%. I'm talking about one stock that shot up to almost 100% after opening bell.
Why doesn't /biz/ trade on this type of shit? Is it all just pump and dump stuff or what? For example, on January 5th they were talking about $qure and next thing you know the stock shot up from $14.91 to $15.80 on the 6th.
These niggas are up to something. Martin Shkreli shouted them out on how good their analysis was, check. Martin Shkreli has a personal portfolio of around 45mil, check. He was given a raise by telling cramer's hedge fund to short a certain stock, check. This all seems to me that shkreli could've been using twitter to his advantage. Shit, one guy said that pharma company was hiding bad data in their phase III report and the stock shot down 15% out of the gates...
To say the least...
These niggas are up to something.
Cos if I had money for trading I'd probably be at work rather than browsing an obscure textile tiedyeing forum
>>1035129
hmmm... Since pharma stocks seem to highly be based on news and reports, it seems like it's easy money.
>mfw the derivatives bubble bursts and i'm holding cash
>mfw a century of inflation vanishes in less than a year
>mfw gold falls to $40/ounce
>mfw i can by land for pennies
>mfw i already grow my own food to a surplus and don't consume many commodities
Feels good man.
>>1034917
>commodities serf detected
>>1034915
You holding actual cash or just numbers on a balance sheet somewhere?
What jobs include lots of international travel?
International Business student and no clue what I want to do. There's no big hotel chains near me, and the closest international airport is an hour commute (plus I can't swim so no flight attendant job).
I'm an automation engineer in automotive industry and I travel internationally few times a year on 2+ months long business trips to commission new factories.
>>1034882
Sounds awesome but I have zero interest in engineering unfortunately. Thanks though.
Consulting, International Law, Advisory, any banking role that is "global."
Someone give me a single reason buttcoins have any value in the real world, the way i see it, its something, someone forced into existence out of nowhere, and gave a fictional value.
A single reason please
Why does gold, silver and paper money have value ?
>>1034870
>Why does gold, silver and paper money have value ?
The first 2 are used for construction and the last one is backed by the biggest governments in the world with armies.
>>1034867
OP the value of bitcoin is illegal transactions. That's all it's good for. Semi-anonymous way to buy/sell/receive payment for shit.
>>1034870
paper money has value because it's linked to gold reserves. gold has value because it is hard to get. bitcoin i guess because they need to be mined which involves work. but any currency is really valuable as a function of user demand.
Taking bets for a drop on Monday.
Drop 1
Up 0
>>1034845
offering 10-1 that the market doesn't go up
and offering 10-1 that the market doesn't go down
>>1034855
Up.
Buy buy buy.
SPX 3000 soon.
SELL SELL SELL
SELL AND RUN FOR YOUR LIFE. WOMEN AND CHILDREN FIRST. ABANDON PLANET. REPENT, YE SINNERS. WE'RE ALL GONNA DIIIIIIIEEEEEEEEE
Does being an Eagle Scout actually look good to employers these days, or is that just a thing in the past?
>>1034802
I dont think it ever looked good. Eagle scouts are usually fuckin weird
It helped me get a 50k scholarship.
Plus my project gave me something to talk about during interviews. Honestly though, it will probably only help you if whoever is hiring you is also an eagle scout.
I'm an Eagle Scout. Got my B4 advisory job because of it. Not to mention 10s of thousands in scholarships during college.
Why did Jarrod being a pedophile not impact subway sales in the slightest? Doesnt this go against everything we know about business?
>>1034769
Because he wasn't lying when he said he ate fresh
Because he hasn't been the role model for years, and because most people are smart enough to realize Subway =/= Jared.
Also, we don't know that sales weren't affected.
>>1034774
/thread
>$1.3 Billion
>$800 million cash drop
>$480 million after taxes
Can't even begin to think what I want to do if I win all of that money.
Most Americans will spend less than $10 million in their lifetime!
>>1034721
I would literally pay a hitman to kill all the OPs of such threads.
>not taking the yearly payments
>>1034721
Anon, you might not remember me but I'm your second cousin's illegitimate son Enrique. I'm in a bit of a pickle at the moment, so I need you to wire me a few 100k. Maybe even a round mill? Can you do that for me? We're family after all.
