LC

See what oddballstocks says in AMZN thread: he claims that companies have to deny it by law if it's some kind of national security investigation? I have no clue if this is true. Somebody more knowledgeable in laws/etc has to comment. 8) I am not sure about that from a legal perspective. However just logically it makes sense. If you are a gov't contractor with ties to strategic assets your lips are definitely tied.

Wow quite the development, thanks for posting hyten!

Fascinating article: https://www.bloomberg.com/news/features/2018-10-04/the-big-hack-how-china-used-a-tiny-chip-to-infiltrate-america-s-top-companies

I'd say it depends on the nature of what you are expecting. Managing outsources or cosources can be a job in itself. If the project is very customized you may spend almost as much time managing someone to complete what you want, vs. doing it yourself

Real value investors go the extra mile: https://www.framedart.com/keren-su-danita-delimont/baby-calf-cow-farm-animal-orissa-india-print-793857.htm?sku=P793857&source=GoogleAdwords&ad=P793857_GoogleShopping&utm_source=google&utm_medium=cse&utm_term=793857&gclid=Cj0KCQjw0dHdBRDEARIsAHjZYYDTT21_oYaCqg8NQ3CsfpMEAy23KI1t67do80z4l0ZS9-HdX4gZcSIaApx0EALw_wcB

https://www.nytimes.com/2018/10/01/business/trump-nafta-usmca-differences.html Memorable changes (to me at least) -Increased production of automobiles in US -Side-deals to exempt Mexico/Canada-produced automobiles from tariffs -Slight increase of access for US dairy and financial firms in Canada -US pharma IP protected in Canada I didn't really notice anything game-changing but I have not read the full text of the agreement.

This is a net-negative solution. Take student loans. Yes you solve the problems of recent graduates with excessive debt relative to their earning potential. You also fvck over a lot of society because you have people who are capable of performing high-skill labor who will never be able to, because they do not have 250K liquid cash to pay for university.

On journalism - Sequoia fund routinely hired financial journalists as analysts. They eschewed typical investment analysts. Investigative journalism, the ability to distill facts and write a story - these are powerful skills.

I suspect the call buyer would exercise the call immediately, so you wouldn't get the chance to lend your stock. This is indeed what happened. Looks like my shares were called. For general education purpose can someone explain to me: why would someone buy a call at premium and then immediately exercise it? Why didn't they buy stock which would have yielded the same result without paying call premium? This is kind of what I didn't understand. What's the point?

I'd suggest working with the career office at your Uni to identify some recruiters in the finance/banking industry. That is how I got in. Do you know what area of banking and finance you are interested in? It is a very large field. Narrowing it down will make it easier to target your resume/CV. If you can talk to someone in the position you want - very helpful. Check LinkedIn for people's job descriptions for your target position and use that on your resume.

I like the categories, Dynamic. I fit into the : Solid companies at cheap prices/Growth at a Reasonable price (GARP) or even downright cheap buckets myself. The first I find hard because I am buying usually crappy businesses, the second I am not good putting odds on merger arb, and the last I usually don't have the expertise to know when high growth is sustainable or a fleeting image.

https://motherboard.vice.com/en_us/article/pa8dw8/prime-number-pattern-mimics-crystal-patterns Researchers Discover a Pattern to the Seemingly Random Distribution of Prime Numbers The pattern has a surprising similarity to the one seen in atom distribution in crystals.

Yeah these types of pop-status investments (Weed, Crypto, etc.) are starting to interest me in terms of learning how the hell to make some money off the stupidity of a market saturated with uninformed buyers. Buy the stock to lend, sell the call. Let's use the Mar'19 30-strike Call as it has more volume. You're exposed below: Stock Price - Call Premium - Interest received 120 - 89 - 6 months of borrow In the worst case, you'll need to make $30 in borrow between now and March 19 to break even if the stock goes to zero. Anything else is gravy. Also; you might want to use Eric's cost of leverage on the option chain to see which options have the cheapest embedded interest rates. You can perhaps play it that way as well: buy the stock to lend, cover yourself with options having the cheapest embedded rates (this is actually the same thing we are talking about but now we are quantifying it - you may be able to find better priced (in terms of embedded leverage costs) options than the low-strike Mar19 calls. )

Saw that last night. Pretty incredible there are people paying 30% per month to short this. Utterly stupid. Especially when, as I've mentioned, you can put on essentially the same trade, IE short a longer dated $20,$30,$40, etc call, pretty much for free. This whole thing is pretty breathtaking though. The other names, CGC, CRON, etc already look to have cracked. Been a while since I created positions via options but isn't there an arbitrage opportunity then, to buy the shares and lend them out (pocket the 30% or whatever your broker gives you) and recreate the opposite position via options so you are market neutral? edit: nevermind - you'd have to go long the puts which should have the 30% carry baked in.

She took one look at you paying for that pizza and thought, "This guy has a five-year plan" ;D ;D ;D

Probably a basketball.

https://www.tabletmag.com/jewish-arts-and-culture/visual-art-and-design/269564/the-end-of-middle-class-art An interesting article on how the current economic state of the world is affecting the art world.

Agreed - great question. It will be difficult to get an unbiased answer on this forum because members here are, in general, more educated than the layman about investing. To get to the heart of it, imagine something you have no special knowledge on - let's say heart surgery. What protections should be in place when finding a qualified surgeon?

I'll echo what people have already said - writing. Writing works because it crystallizes your thinking. Inside your head you can feel any which way about something. Writing it down and reading it will show whether what's going on in your head makes sense or not. Try to be smart on both sides when looking at Mr. Market: if it goes down and you want to buy more, it could go down further (so buy just a bit more). If it goes up and you want to sell, it could go up even more (so sell just a bit).

At the end of the day anyone buying anything needs to do their own research. A blog or newsletter may give you an idea, but you still need to investigate yourself. It's a good lesson to learn when you're young - a few folks here got burned a few years ago on ZINC - it hit all the right buttons and had respected investors behind it. This is no reason to invest. I'm happy that a 5% position then was a lot less than it is today - it taught me a valuable lesson that in this business you can only trust yourself. It's the same thing they taught you in third grade. Do your own work.

I always ask investors - what are you unsure about, what have you avoided due to being unsure.

For me a few things: -unfamiliar with the market and economy in general. what companies dominate? what are the driving factors behind consumer purchases and business purchases? -unfamiliar with corporate governance. what do successful companies have in common, in terms of (1) management and (2) shareholder engagement -unfamiliar with reporting standards. how strong is the general disclosure environment? what protections are there to prevent accounting abuses? -unfamiliar with the investor landscape. what investors/investment funds dominate? what is the history of investment? how is the economy split between public/private companies? Growing up in the US with an interest in business and investment, a lot of these things are picked up gradually over the years and so I put together my own perspective on "investing" as viewed through a US-lens. I have no idea what this perspective looks like for a person growing up in HK or SG, viewing Asia as a whole. Actually, I think your opinion on these items would be very much appreciated by most posters here!

Not more than usual and no.

To play off a Buffett analogy, if we're looking for 1 ft hurdles to jump over, investing in retail is already like a 6ft hurdle. Investing in women's retail is like a 10 ft hurdle. Just look at how many companies have gone in and out of the space in the last 5 years. Is there a more volatile mature industry?

Discretionary is different for everyone hence the varied responses. Tires for a new car. Well is the car necessary? Well do I live in a mass-transit city? Well do I live here out of necessary or choice? Etc. etc hence the topic of economic theory. For me, my last purchase was paint and supplies to refinish my kitchen. But before that I spent $400 on sushi so you tell me what that means, haha :D