Berkeley CSUA MOTD:Entry 28582
Berkeley CSUA MOTD
 
WIKI | FAQ | Tech FAQ
http://csua.com/feed/
2025/07/08 [General] UID:1000 Activity:popular
7/8     

2003/5/30 [Finance/Investment] UID:28582 Activity:very high
5/29    From todays Wall Street Journal:
        In short, the U.S. is experiencing the most protracted job-market
        downturn since the Great Depression. It has left behind a remarkably
        broad swath of workers -- from young to old, and from high-school
        to the highly educated -- even as the economy has started growing again.
        \_ The economy is just more efficient.  It doesn't need all those
           workers.  You want to establish a union for loom workers or what?
           \_ I don't know where you learn your economics... are you saying
              that Saudi Arabia, which has unemployment rate of mid teens (and
              remember, women can't work there, thus, excluded from
              unemployment figures) has a much more "efficient" economy?
                                        -kngharv
              \_ That's an incredible lame example.  Saudi Arabia doesn't have
                 a real/modern economy.  They're a one product exporter.  When
                 the oil runs dry or the world switches to another energy
                 source, they'll have 100% unemployment.  Care to try again?
                 \_ they don't have "REAL" economy? who has "real" economy?
                    then?  Germany's unemployement is also running at low
                    teens (~12%), so they are twice as efficient as ours?
                    \_ an economy with more than a single export and some sort
                       of real industry.  Yes, Germany.  No, Saudi Arabia.  The
                       Saudis don't even run their own oil industry.
                    \_ The German economy is tanking because they're a bunch
                       of socialist ninnies and also because the rest of the
                       world (their trading partners) are also hurting.  If
                       they weren't socialist ninnies they'd be doing better
                       but still not great.  No country is doing great now.
2025/07/08 [General] UID:1000 Activity:popular
7/8     

You may also be interested in these entries...
2013/1/16-2/17 [Industry/Startup, Finance/Investment] UID:54582 Activity:nil
1/16    Fred Wilson says you should focus on the cash value of your
        options, not the percentages:
        http://www.avc.com/a_vc/2010/11/employee-equity-how-much.html
        \_ Or at least, so says a VC trying increase his profit margin...
        \_ A VC wants to keep as much of the stock for themselves (and give
           as little to employees as possible).  That maximizes their return.
	...
2011/6/27-7/30 [Finance/Investment] UID:54131 Activity:nil
6/27    What are your favorite metal trading platform? Is Kitco any good?
        I heard that Kitco doesn't report to IRS whereas Etrade
        automatically sends info to IRS. I'm wondering what I should use.
        \_ I trade tapes on Ebay.
        \_ I buy the physical stuff from a dealer in Chinatown who does not
           even take my name, just my money.
	...
2011/2/8-19 [Finance/Investment] UID:54032 Activity:nil
2/8     Hey, are Day and Week trader guys still around?  Just curious how it's
        going.  I was also thinking of doing some largely buy-and-hold
        investing, can anyone recommend an online broker?  I was thinking of
        Fidelity because I have a 401k there, but I don't need anything fancy.
        \_ market hasn't been volatile enough. I've made a few thousand
           this year but I really miss the Bush era.
	...
2010/4/20-5/10 [Finance/Investment] UID:53793 Activity:nil
4/19    I'm thinking of getting Roth IRA. Which company is good/pleasant to
        use? Etrade? Fidelity? Scottrade?
        \_ Buy Silver.  Gold is already overvalued.  We're going to hit
           hyperinflation the likes of which even God has never seen before.
        \_ Local credit union.
        \_ I recommend charlesSchwab
	...
2009/7/24-8/6 [Finance/Investment] UID:53197 Activity:nil
7/24    Stock trading question: If on Monday I sell FOO for $20000 and
        on Tue I buy BAR for $10000 with the "unsettled" money from
        the Monday FOO sale, the only complications are if I sell BAR
        before the FOO settlement on Wed/Thr, right? If I hold BAR
        until after the FOO settlement, then there is no issue on a cash
        account? Also, if I transfer in $10000 after the purchase on Tue,
	...
2009/5/26-6/1 [Finance/Investment] UID:53041 Activity:nil
5/26    I got multiple emails from multiple sources about the resurgence
        of the stock market. Case in point, Charles Schab: "Looking for
        Signs of Midyear Traction": A Town Hall Webcast with Liz Ann
        Sonders and special guests. Are we ready to get back into the game?
        \_ Nouriel Roubini sez:  Yer all fucked!  For years!
           http://tinyurl.com/o8nx7q (forbes)
	...
2009/1/13-22 [Finance/Investment] UID:52374 Activity:nil
1/13    http://www.cnn.com/2009/CRIME/01/13/missing.pilot.profile/index.html
        Financial managers are so awesome. People like this makes me want
        to pull my money out of 401K. You just don't know what kind of
        people are managing your asset.
        \_ No.  This is not a reason to pull your money out of your 401k.
           This is the reason why you don't give your financial advisor/wealth
	...
2008/12/15-28 [Finance/Investment] UID:52252 Activity:nil
12/14   Short-term pop possibility: FDRY is being bought by Brocade.
        Deal is priced at $16.50 (cash, not tied to BRCD's stock price).
        FDRY is currently trading at $15.70; shareholder vote is on
        Wednesday 12/17.  FDRY shareholders will gladly take the deal;
        the only risk is that financing for the deal falls through,
        but it looks solid to me.  Quick 5%.  -tom
	...
2008/12/12-17 [Finance/Investment] UID:52234 Activity:high
12/12   Make sure you buy stocks today. You can thank me later. I am
    looking at UYG and DIG, but you might have your own favorites.
    Markets are overreacting to the auto bailout.
        \_ 1% down? DOW is still above 8000 S&P above 800.
           \_ I bought UYG at open for 4.79. It is 5.16 now.
              DIG opened at 28.01 and is now at 28.82.
	...
2008/12/14-17 [Finance/Investment] UID:52247 Activity:nil
12/13   I've been reading about this super awesome day trader giving you
        advice. I'm sure he's good and made a lot of money, but
        unfortunately, his advice does NOT work for everyone, esp. those
        who don't have time to stare at the stock market every few
        hours or so at work, or those who don't have a lot of money,
        or those who don't like big risks. If you want to trade but want
	...