71 karma · joined December 28, 2008
Really, now, is that all it takes? Well, then, we all know what to do from here on out.
There was also a completely irrational market and bid up of low quality stuff due to shortages. The attitudes are proportionally high-maintenance. It is a very bad place for a young man to be. Avoid it at all costs. The only place I can think of that could be worse is possibly silicon valley.
As far as the Pacific NW, I don't know much of it and what the prevailing attitudes are. I'm guessing the distance from NY can't be a bad thing and you are more likely to run into females with a more naturalistic, feminine affect. Never been there though, so I am not the man to ask.
I'm dead serious about the dilution hit. Something happens around 30 that suddenly puts you incredibly at ease at the same time that the women are getting more anxious. Also, the younger ones (early 20s) start making themselves more available. I can't tell you how many propositions I have gotten from women who wouldn't look at me once in high school. The funny thing is, when you don't need them, the options keep increasing.
Some friends of mine went to Europe and came back with 10s, all of them. The most shocking thing they told me was that to talk to women there...you don't even have to have anyththing, you can just be you
Unfortunately, I learned too late. For all the young college guys out there having a hard time, take heed. You get a dilution hit cashing out now, just hold onto your stock and ride it through. Time is on your side.
If the linux community could step it up on the driver front for wireless cards it would be a beautiful thing.
I think you would do better by using books as kindling to boil water, killing any latent bacteria.
No, that would be natural selection. The two are different, keep in mind.
Seeing the US House of Representatives in action recently seems to support this statement. What alternatives do you propose?
I don't. Why should anyone?
Someone has taken your (and DanielBMarkhams) arguments to their logical consequences...
AFAIK, Morgan and Goldman are now commercial banks and restructured to this form to stay alive.
http://www.nytimes.com/2008/09/23/business/23wall.html
These companies are involved in many diverse business lines and, bungling in the mortgage-backed business aside, many of these businesses are hugely profitable.
Is this legal since they are now commercial banks? Do you have any citations on these hugely profitable non-core businesses? At any rate, gains from trading desks will be seriously diminished by holding/leverage requirements.
If a trader makes $30 million in this way, he is in a position to demand, say, $5 million to $10 million or he will be happy to join a different firm that will pay him that amount.
Do you have any stats on any member of the trading desks of these firms doing these types of numbers? Further, is it reasonable to assume these traders can continue to be as productive in this leveraging/financial climate? Is the current market for that talent still as strong?
Not saying he couldn't do it, but the skill sets seem orthogonal.
The crux of my argument is the refutation that you need someone of that caliber to do what appears to be pragmatic banking and risk management.
Or clearly superior talent like John Thain, et al.
Do you seriously mean to imply that there are no individuals out there making less than 500k per annum who could not pull off a deleveraging and conservative restructuring of a business? No one?
Who are these individuals who will work for no less than several million per annum who have pulled off such miracles that no mere person earning less than half a million per year at the moment clearly outclass?
Certainly they have not been at the helm of any financial institution I am aware of. Hell, I nominate mynameishere for one of the positions, as he seems to have a clearer grasp than most of the idiots at the helm last go-round:
http://news.ycombinator.com/item?id=308425
And he probably is available for 500k/yr.
Every time I read 'iPhone' I get a reflexive reaction to a closed, evil gatekeeper keeping me from doing what I want to on the plaform, and projected that onto Adobe. My bad.