Berkeley CSUA MOTD:Entry 51718
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2025/07/11 [General] UID:1000 Activity:popular
7/11    

2008/10/29 [Finance/Investment] UID:51718 Activity:high
10/28   Angry sysadmin says:
        "Buy and hold for decades" is the most dangerous piece of shit advice
        anyone can give anyone.  You have no fucking idea where the market will
        be when you need the money.  Buy and hold for decades presumes you will
        be in one of the "up cycles" when you need out.
        This is frequently not true, and when its not true you get it in both
        holes.  That is an ASININE market strategy.  If the last 20 years have
        taught you ANYTHING, its this.
        \_ You should put money into stocks when you do NOT need the money
           immediately. Long term means 20 or more years, and if you need
           money or anticipate the money you put into stock market, don't.
           Why would you anyways?
        \_ Who gave you such an advice?  The standard advice for 401(k) is
           to gradually move from high-risk high-yield items (e.g. tech stock)
           to low-risk low-yield items (e.g. CD) as you approach retirement
           age.  There are even funds that automatically does this for you
           according to your age and projected retirement age.
           \_ http://www.denninger.net/resume.html
              \_ Do you want resume of timecube guy
        \_ Now we know why he is so angry, he lost all his money in the stock
           market.
           \_ actually ...
              \_ I am guessing this guy got crushed in 2001, he has it written
                 all over his face.
                 \_ actually ...
        \_ VTIVX baby! Ride it for the next 30 years...
2025/07/11 [General] UID:1000 Activity:popular
7/11    

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2012/12/21-2013/1/24 [Industry/Startup, Finance/Investment] UID:54568 Activity:nil
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Cache (2318 bytes)
www.denninger.net/resume.html
net I am available for selected engagements at the present time. If you have specific requirements and would like to discuss them with me, please email me with some general information including the location of the required effort, and we can discuss your requirements and my availability to handle your specific needs. To get around my "spam filter" please place the word "consulting" in the subject line. My specific areas of expertise include: * Internet security and the design of secure communications systems. Professional History * 1987 - 1998: D&D Software / Macro Computer Solutions, Inc: Chief Executive officer; responsible for general corporate management, strategic planning and systems engineering, including the operation of a major regional Internet Service Provider and all aspects of ISP operation, both from a technical and business perspective. The corporation was acquired by Winstar Communications in August of 1998. Responsible as the programming team leader for network software development in the VideOcart network, a 24x7x365 high-availability distributed system for displaying point-of-purchase advertising on grocery shopping carts. Managed the IT staff related to providing internal "customer service" functionality, performed systems planning and engineering, and designed and implemented both ethernet and fiber-optic connectivity. Responsible for the development, installation, security and maintenance of the firm's Internet connectivity. Areas of Significant Expertise * Unix System Administration: 15 years of experience in System V, BSD, and IBM AIX Unix systems. Specific areas of expertise include Internet-connected systems, security, HTTP service (including web farms), Usenet news service, DNS (domain name servers) and system clustering in both enterprise and Internet service provider environments. System clustering, security, application and management software experience, both individually and as a team leader in major project environments. Expertise in security auditing, firewall technology and secure site planning on both electronic and physical levels. Comfortable with CISCO backbone hardware, including the 7xxx series of equipment in a national infrastructure format. Telephone circuit and vendor expertise including DS1, DS3, OC-3 circuit and transport formats.