and anybody owning stock in companies that insure those properties....
426 karma · joined June 3, 2009
f804288e0af39623eb0595f036cc83549e3aca6485655810b568fa2bd50df667
https://static1.squarespace.com/static/5581f17ee4b01f59c2b15...
tldr; * The Global Short Volatility trade now represents an estimated $2+ trillion in financial engineering strategies that simultaneously exert influence over, and are influenced by, stock market volatility
* Since 2009 Global Central Banks have pumped in $15 trillion in stimulus creating an imbalance in the investment demand for and supply of quality assets
* Last month Austria issued a 100-year bond with a coupon of only 2.1%(6) that will lose close to half its value if interest rates rise 1% or more.
* Amid this mania for investment, the stock market has begun self-cannibalizing... literally. Since 2009, US companies have spent a record $3.8 trillion on share buy-backs financed by historic levels of debt issuance.
* Every decline in markets is aggressively bought by the market itself, further lowing volatility.
* Volatility is now at multi-generational lows... Volatility is now the only undervalued asset class in the world. Equity and fixed income volatility are now at the lowest levels in financial history.
P.S. Loved the Full page NY Times ad of his tweets - https://pbs.twimg.com/media/Cviq5rBWYAQeh56.jpg
That being said, it's a double standard, most ordinary people would have been banned before they tweeted half-way down the first column of what's in that ad...
Also many wallets are simply unspendable due to transaction costs.
Ken Griffin "may" find a $10 bill on the street today. He "may" see his stock portfolio flash crash 30% this week.
Why is this even news?
Your hiring manager, the people you interviewed with (6-8 people probably?), and some of the management at company A will know you rescinded your signed offer.
What are the chances that one of those folks ends up working a company with a job you're applying for 4 or 5 years from now when your application comes through?
The wires on the current VR setups are a nightmare, as is the requirement for a $2K PC setup.
U.S. corporations have issued more than $9.9 trillion in debt since 2008. Last year, corporations issued a record $1.5 trillion in debt.
76% of the companies in the S&P 500 bought back their own shares ...most companies used debt to pay for these buybacks, in a clever move of financial engineering to boost EPS.
To top it off, we've been in a multi-quarter earnings recession for the S&P, and total retail sales growth has dipped below 3% which has always correlated with a recession:
http://i0.wp.com/bawerk.net/wordpress/wp-content/uploads/201...
$20 buys you a copy of "The Who" book, which is a proven, scalable system with specific questions to ask at each step of the interview process....
Actually work sample tests have a .29 correlation to on the job performance, followed closely by structured interview questions.
I get worried when more than 60 days goes by without them announcing a MegaRound(tm) at an InsaneValuation(R).
Your dream job, maybe not.
You don't say where you live... or whether you have any internships under your belt.
Some hiring managers at tech companies (especially early stage ones, say sub 200 employees) look down upon new PhD's as being too academic and lacking in commercial experience.
Do you have any Python experience?
I agree 100% that everybody should demand full transparency, about salary, company name, benefits, signing bonus, company culture, tech stack, etc. before they even waste 30 minutes on a phone call.
It's absolutely INSANE in this competitive market to expect someone to jump on a 30 minute phone call to learn basic details about the company & the position.
Unfortunately, almost everybody feels overconfident and ignores our advice to prepare and practice for tech interviews: http://www.quora.com/Whats-the-best-way-to-prepare-for-a-sof...