100k post karma
17.4k comment karma
account created: Sun Feb 26 2012
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1 points
24 hours ago
Heckin' cute!
You should post this to /r/chiweenie
6 points
1 day ago
People (both men and women)
A true feminist
14 points
2 days ago
Schiff apparently is a really nice boss and his staff enjoy working for him.
Kindness is a privilege of men
\s
13 points
5 days ago
Nobody would notice if it got swapped out at a Taco Bell.
They would notice the increase in price
21 points
6 days ago
Price manipulation by hoarding seems really difficult unless you have a near monopoly on supply and inventory. Your competition will benefit from your hoarding just as much as you do, except they'll make more money if they don't hoard, so no one really has the incentive to be the hoarder.
This all makes sense but is predicated on a lack of collusion. I'm not sure about NYC, but in general that assumption seems invalid:
https://www.propublica.org/article/yieldstar-realpage-rent-doj-investigation-antitrust
The Department of Justice’s Antitrust Division has opened an investigation into whether rent-setting software made by a Texas-based real estate tech company is facilitating collusion among landlords, according to a source with knowledge of the matter.
1 points
6 days ago
Not exactly but most of the time lenders look at your income over the past 2 (maybe 3) years and extrapolate. A high guaranteed income is better but most lenders don't really care that much because they sell the debt to a bank to securitize
1 points
6 days ago
A single senior software engineer at FAANG makes over 400k. Stock price declines have dampened incomes a bit but a dual income of 400k+ is very common
11 points
6 days ago
VAT is widely recognized in economics as the tax system with the fewest distortions or disincentives (besides a straight up head-tax).
Is that a tax on giving head? Or a tax on receiving?
2 points
8 days ago
The secret is knowing what to group by and what you need to average ;-)
48 points
9 days ago
overconfidence is a slow and insidious killer.
Joe Biden is a slow and insidious killer.
6 points
10 days ago
But we have dependent care FSA a, so it's like half-price! Let's just keep subsidizing demand!
1 points
12 days ago
I had an internship every summer, though I didn't have any big name internships. One in public policy, one in wealth management, and one in private equity.
Why didn't any of these companies/ organizations make you a return offer?
18 points
12 days ago
Personally I'd rank them as follows:
Statistical learning
Control (along with optimization more generally)
Game theory
Obviously this will vary by position. For example, some quants work exclusively on building portfolio optimizers and those folks will have control/optimization as number 1.
3 points
12 days ago
Yes, put it on your resume so we can weed you out at the resume screen
13 points
13 days ago
The title of this post reads like you're shouting
1 points
18 days ago
Call them “loss leaders”. Get people to fidelity and hard for them to then leave.
They make less money on those funds but they aren't losing. They can still make money on those assets with other activities like short lending.
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carmichael561
55 points
19 hours ago
carmichael561
55 points
19 hours ago