Berkeley CSUA MOTD:Entry 37016
Berkeley CSUA MOTD
 
WIKI | FAQ | Tech FAQ
http://csua.com/feed/
2025/05/24 [General] UID:1000 Activity:popular
5/24    

2005/4/1-2 [Finance/Investment] UID:37016 Activity:moderate
4/1     Are you living in a bubble area? Now you know from our good 'ol
        reliable http://cnn.com:
        http://money.cnn.com/pf/features/lists/home_valuations
        \_ I wonder if the author has taken into account the immigrants.  In
           the Bay Area, many of them buy houses with all cash.
        \_ The local Chico paper investigated our ranking and the study has
           some serious flaws.  For one, it considered the "fair price" based
           on historical trends and population density--but they used the
           population density for all of Butte County to come up with the
           population for Chico (and Chico has by far the highest population
           density in the county).  I don't know how much stock I'd put in it.
           -emarkp
           \_ I agree. I noticed this for Portland. Essentially, the study
              concludes that expensive = bad value and inexpensive = good
              value, which is useless. This is similar to the studies that
              calculate 'affordability' based on the average salary. True
              information, but useless.
              \_ I don't think you understood the study.
              \_ I think you have a point, but I think the study is more useful
                 than you think.
                 Let's take an example so everyone understands:
                 E.g., let's say my West Los Angeles home was worth $250K
                 in 1999.  Let's say my salary back then was $62.5K/year.
                 Let's say today the house is worth $800K.
                 Let's say today the house is worth $640K.
                 Let's say my salary today is $80K/year.
                 The multiple in 1999 was 4x.
                 The multiple in 2005 is 10x.
                 The multiple in 2005 is 8x.
                 This means buying a new home in the area is a bad value.
                 (ignoring the obvious case of a buyer who thinks the multiple
                 will rise to 10x in a couple years and turn a tidy profit)
2025/05/24 [General] UID:1000 Activity:popular
5/24    

You may also be interested in these entries...
2013/7/31-9/16 [Reference/RealEstate, Finance/Investment] UID:54720 Activity:nil
7[31    Suppose you have a few hundred thousand dollars in the bank earning
        minimum interest rate and you're not sure whether you're going to
        buy a house in 1-5 years. Should one put that money in a more
        risky place like Vanguard ETFs and index funds, given that the
        horizon is only 1-5 years?
        \_ I have a very similar problem, in that I have a bunch of cash
	...
2013/5/9-7/3 [Finance/Investment] UID:54675 Activity:nil
5/9     I'm stock newbie. Let's say  I made $1000 in Jan 2012 and then
        lost  $1000 in Feb 2012, does that mean I'm not liable to pay
        any tax given that I made $0?
        \_ Yes.
        \_ Are both long term gains/both short term gains? And I assume you
           mean realized gains, i.e. you actually sold the stock in an
	...
2013/1/25-2/19 [Finance/Investment] UID:54588 Activity:nil
1/25    Is there a site that tells you the % of people shorting
        on a particular stock? I'm trying to see if I can gauge
        "confidence level", that sort of thing.
        \_ http://www.nasdaq.com/symbol/intc/short-interest
           I'm not sure how to read this, I'm guessing the higher
           "days to cover" the more short activities there are?
	...
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.
	...
2012/12/21-2013/1/24 [Industry/Startup, Finance/Investment] UID:54568 Activity:nil
12/21   http://techcompanypay.com
        Yahooers in Sunnyvale don't seem to average 170K/year.
        \_ Googlers average $104k/yr? Uh huh.
           \_ what is it suppose to be?
              \_ link:preview.tinyurl.com/a36ejr4
                 Google Sr. Software Engineer in Sunnyvale averages $193k in total pay,
	...
2012/1/18-3/3 [Computer/SW/Languages/Java, Finance/Investment] UID:54290 Activity:nil
1/18    I own a bunch of NFLX stocks bought at several different periods
        (from high $200 all the way down to $80). I dumped a few and
        still have a few. Why the hell is Reid Hastings still making
        $500,000/year? How do I join the pending NFLX Class Action
        Lawsuit?
        \_ Why would you buy stock in a company run by a narcissistic
	...
2011/12/9-2012/1/10 [Industry/Startup, Finance/Investment] UID:54254 Activity:nil
12/9    A public company (NASDAQ/NYSE) needs to publicly disclose
        important information right? Is there a way to find data that
        shows who owns most of the stocks, when they're dumping (to measure
        their confidence in the company), and how many people are shorting?
        \_ It has been a few years since I took a business organizations
           course, but from what I remember, there isn't a requirement for
	...
2011/9/21-11/8 [Finance/Investment] UID:54178 Activity:nil 63%like:54180
9/21    I'd like to run a test algorithm on the stock market. Where's a
        good source to get stock market price (minute-per-minute resolution)
        from?
        I've been away procreating. Looks like wall is no more. Where have all of
        the old-timers gone to chat/argue/share? How are we all communicating these
        days. Sorry for the ignorant questions. :( -- joeking
	...
Cache (1062 bytes)
money.cnn.com/pf/features/lists/home_valuations -> money.cnn.com/pf/features/lists/home_valuations/
sold for 43 percent more than their fair value, according to DeKaser, while houses in Salt Lake City sold for 23 percent less than their fair value. To come up with each markets fair value DeKaser studied data going back 2 5 years. Among other things, he looked at how much buyers are paying tod ay relative to their incomes verses how much they paid in the past. This helps take into account the premium buyers are willing to pay for such things as location, weather and amenities. For example, historically residents of Los Angeles have spent four to six times their income while residents of Kalamazoo have spent only twice t heir annual income, he said. His conclusion: 27 of the markets in his study are overvalued, 29 are und ervalued and 43 are fairly valued, with prices no higher or lower than 1 0 percent of their fair value. "There are two ways these valuations can be corrected," he said, explaini ng that his valuations are not unlike the price-to-earnings ratios used to value stock. "Either prices decline or the underlying fundamentals im prove."
Cache (372 bytes)
cnn.com -> www.cnn.com/
About 250 prisoners freed from Abu Ghraib The United States today freed about 250 detainees from Abu Ghraib prison, site of alleged abuses that prompted global outrage and led to days of hearings on Capitol Hill. Today marks the first mass prisoner release since the abuse scandal broke several weeks ago. Defense Secretary Donald Rumsfeld had visited the prison Thursday.