Wall Street here. I work in high finance as a portfolio manager. Ask questions bros, will answer...

Wall Street here. I work in high finance as a portfolio manager. Ask questions bros, will answer. Post of my office is Closeted trump supporters

Other urls found in this thread:

en.wikipedia.org/wiki/Legal_fiction#Corporate_personhood
home.hiwaay.net/~jalison/afterword.html
youtube.com/watch?v=Gah8FnYSypk
twitter.com/NSFWRedditGif

Shiet I'm mostly a /fit/izen don't need the trip

>cheap vodka
>no cocaine
disbelief

Not even sure what you are trying to convey?

Are you drunk right now?

Not drunk, on vacation this week (well forced leave because I have to be out of the office for 10 days every year)
Haven't done coke in a month. I'm xanax and oxy crew tonight

how many millions do you keep away from your government each year?

Well let me start it off right. Esentially it's all a con. Goldman sachs for example just recently started letting anyone who is not UHNW (ultra high net worth) open accounts because their strategy used to be fed to goldman goldman to fed and being ahead of fixed income (bonds) and interest rates. This worked until it didn't (now). In 200i, European banks had a very high ratio in leveraged positions which was typical and worked till it didn't (shit hit the fan, many obligations never got paid)

>wall street

i thought you all would've wanted hillary to win

There are so many fucked up loopholes. I know everything gets written off. Hell, there's a service team for the financial advisors that sign up clients for e delivery which eliminates paper mail, so quarterly and monthly statements, shareholder communication, tax documents, confirms and notices- saving over $10 a client per year, which comes to millions a year. This still gets written off as a business expense

Nah, most of my managers are self made guys who hate the system even though they've made millions in it. We're just as fed up with the regulation and would rather see it crash and burn. Naseem talib wrote a good op ed in Wsj explaining that the establishment doesn't get that what Americans really want is for the establishment to burn

Imagine this: you're a fund manager with 1 billion in a 20 billion dollar company. You short that company (bet it will go down) and pull your position on a down day, slowly but surely momentum will ramp up as well and you made a ton of money by fucking that company over- especially if this occurs compounded with negative news like poor quarterly earning. Koch Brothers are right- our system is a slave to corporate earnings and not actual productivity or viability. Banks like deutsch bank cut thousands of jobs to buyback stock to make themselves look pretty only to prolong the inevitable- in which time the bosses can pull their positions out and fuck everyone else

>We're just as fed up with the regulation and would rather see it crash and burn.
Would it?

How accurate was the movie 'Inside Job' in talking about the GFC?

Also, do you / coworkers ever feel guilty for fucking people over or is it all just 'nothing personal, its just business'

how many greeks can you name, and what do they do?

What is a portfolio manager?

Also, if I wanted to understand money, where should I start? A book on economy perhaps?

What's the lowest price you take for selling out your own grandmother?

Do the Jews really run wall street (jewish goldman sachs)?

Basically when you have a managed portfolio of holdings, be they stocks bonds reits mlps whatever the fuck you want, someone has to manage what goes into it. Then some shills (advisors) convince clients to get into a managed product and I'll put them into one of 5 segments predetermined by their "risk and objectives "
Good place to learn? Learn what a 401k is and a Roth is and the taxable implications. Learn what an ETF. The best possible way to learn EVERYTHING there is to know is to study for the CFA.
Yes and no. A lot of jews yes but they don't really run it all. All the banks compete. Goldman isn't what it used to be. JP Morgan is sitting pretty and UBS has the arguably the best balance sheet. I'd say there are a disproportionate amount of jews at the tip top though but tons of white anglos, germans, and guineas interspersed

Never saw the movie. Global financial crisis was very complex but from my understanding the movie focuses on a segment of hedge funds that realized the fuck up and bet against it? Part of the reason shit hit the fan was because people bundled bad mortgages with good mortgages and sold them in tranches. Higher tranches earn less but get paid out first. In theory, this works to mitigate risk and sounds wonderful on paper but then when you have assets coming in being triple leveraged for other shit and suddenly those shit loans fail and you can meet obligations, poof goes the veneer

I don't think anyone realized how in over their own heads they were or how it would implode

Will the stock market crash again like 2008?
Is the dollar going to collapse and the chinese yuan take it's place?
Will bail ins really happen and fuck savers?

Also, I'm not fucking anyone over. I basically grill fund managers and stock relation teams about their balance sheets and management and have them try to sell me on why we should put a part of our managed portfolio in their bullshit. The advisors who convince their clients to use the portfolio are the ones doing the fucking if it's inappropriate. In my view, evaluation has made it all inappropriate and bullshit because it's not about what the client wants anymore on the retail level- it's about asking you predetermined compliance questions and sticking you in a segmented portfolio based on some bullshit time line for you, how much risk you want, your objectives, and your liquidity and then making sure the return is "within expected bounds". Now if you're institutional (rich as fuck) you can play for real and do some fun strategies that let you jew the system

Hi. :3

Do you like qts?

What? Why would high earners want their money machine to be destroyed?

What do you do for fun? How old is too old to start in this business?

Worst case technical scenario for s&p is 1600, but we are due for a major drawback. U.s. stocks have only been going up due to capital flight from euro zone and emerging markets and corporate buy backs on a scale pre tech bubble and pre housing bubble- signs are all there. In terms of debt to equity it all looks good but interest rates are going to be the catalyst this time. Bail ins are being seriously considered and personally I am extremely concerned. Can't comment on currency, not my area of expertise outside of shit you can easily read out wsj or Bloomberg and I can regurgitate but it's all speculation anywau

they all hate eachother and their jobs, you never seen office space ? they wanna see it burn

Ummm. Hello???

My crash prediction is end of August.
Am I right?

How many semites do you work with?

Because the system killed jesse livermoore. Markets were wilder and there was still more legitimate investment going on.

Yes I do. I used to be a neckbeard posting do you like mudkipz in high school staircases to /fit/ frat bro in college. My qt German gf just broke up with me and despite all the attention I'm getting from other girls, I feel alone and heartbroken and disinterested
Disdain for the government doesn't always correlate with earnings. We have seen our bonuses and earnings slashed to shit through regulation and many of us would rather be nationalists for America rather than see this globalist nightmare (which has also caused us to make less as Americans )

I'd say after 25-28 you're pretty much a dinosaur and it's not worth exploring. I like hiking, mountain climbing, being around animals (well swimming with bull sharks in Baja recently). I lift, take Spanish and German classes, and spending time with the family. Grew out of the coke and parties phase, focus on my health and being a decent person now.

I'm a very cute and submissive girl~

I'll do anything you want! :3

is there a broker to buy chinese bonds?

is bitcoin a good investment against dollar? does it work like gold/silver against dollar?

Who knows man. Market timing is dumb. It's going to happen soon, most likely Q3 or Q4. Central bankers seem to think they have perfected their little game of manipulation and can keep it going but we'll see. Corporate buyback blackout has started and China numbers are rolling out and some of the biggest talking heads are saying they make no sense and scream manupulation. BOJ policy backfired big time. U.s. consumer consumption has slowed down a lot. A storms a brewing. If you have any assets invested, go to cash and buy s&p500 ETF when everything has crashed and burned.

Why are people of your ilk cozying up to Shillary instead then?

They don't pay denbts that's for sure.

What order are you going to do on the day of the British referendum?

bitcoin is in bad shape. the development team is falling apart, and some rothchild owned hedge fund bought out where the team worked. there's competition with ethereum. there's too much regulation with bitlicenses.

>tons of white anglos, germans, and guineas interspersed
Masons. They're basically Jews anyway.

What do you think of Bernie Sanders?

oy veeey

No clue, not to familiar with retail brokerage options outside of domestic and ADR shit (American depository receipts- foreign stocks listed in America)
Does not work like gold and silver. Gold and silver are inversely correlated to equities. Bitcoin is oshitniggerwatrudoing tier because of how it flucuates Don't really have a good understanding of it as an investment. I do like the idea of crypto currency though.

whats ur thoughts on lsd m8

You sure you quoted the right person?
>'d say after 25-28 you're pretty much a dinosaur and it's not worth exploring.
>tfw 27 in 3 months
Hahaha, fuck. Oh well. Pa started a business in his early 40s so I'll jut have to clean up my act and find something to do.
> I like hiking, mountain climbing, being around animals (well swimming with bull sharks in Baja recently). I lift, take Spanish and German classes, and spending time with the family.
Nice.

Are you enjoying your work?
I'm thinking of going full jew and studying finance
How are your hours?

What would you short right now?

Have you ever shorted a stock because they hired a nigger/woman CEO?

what kind of music do you like?

how many prostitutes have you shaged?

what kind of apartment do you have?

do you agree that fiat money is fraud?

do you agree that corporations don't exist? being merely legal fictions that no one has ever met
en.wikipedia.org/wiki/Legal_fiction#Corporate_personhood

what can be done about White GeNOcide?

how much time do you spend on Sup Forums?

Ignorance. Most of the people I work with are not at the level I am. They believe what they read on the news. Which leads me to the next reply...
He's a moron. But anyone that thinks we have been living in a free market is disillusioned. Globalisms end game is "socialism" or collectivism or whatever the fuck you want to call it where monopolies are run by the people at the top and the people are lead like sheep. If trump isn't a plant and holds true to his word, he truly is what this world needs. Barbarians inside the gates (globalist cabal) yet we are led astray by every distraction you can think of. Liberals being pushed to accept refugees from countries Wesley Clark admitted we would invade to open up European borders so they can import a cheap labor force with high birth rates leading to high consumerism while controlling the abundant resources in their old lands and if they terrorize europe, using the state to further coddle the masses. It's all so insidious

What do you think about Hillary Clinton?

It has shaped the way I view the world and truly made me a better person but I don't partake anymore
Hey man, you can still do it. I would recommend looking into professional cerifications though like the CIMA or CFA if you're 27- will give you credo and help you break in at a better spot than the 22 year old fresh out and with daddy's silver spoon

Used to be shit. Still shit but I get paid a lot and live a nice life.

how come you don't do lsd anymore

What car do you drive?

> (OP)
>what kind of music do you like?
Gym music is usually trance, house, or rap. I also listen to a fair bit of American folk, rock, and classical music. Used to play violin so classical music became a thing for me back in the day.
>how many prostitutes have you shaged?
Quite a few. Quit doing that though.
>what kind of apartment do you have?
I live under my means but still a pretty nice spot overlooking union square with a doorman and all that jazz. Still 5k a month, which is insane considering I used to dig quarters out of my couch to buy chicken pot pies in college and worked 2 jobs to pay for college (including as a bouncer, being sober while everyone partied heavy feels bro)
>do you agree that fiat money is fraud?
As someone who studied economics and is an advocate of Austrian economics, you know my answer.
>do you agree that corporations don't exist? being merely legal fictions that no one has ever met
>en.wikipedia.org/wiki/Legal_fiction#Corporate_personhood
I think treating corporations as people is absurd but new rules in banking have changed that. Under the Volcker rule ceo cfo can be liable and face prison time for improper oversight. I think this should be extended to all corporations even though my colleagues would hate me for saying this
>what can be done about White GeNOcide?
Idk man. What can be done about all genocide in general? The globalists are destroying all cultures. There's a reason those Hindus worshipping trump today said he's humanities last hope (or what he seems to represent) it's not a white thing to me- it's traditional family values, cultures, a sense of belonging and religions that are being destroyed
>how much time do you spend on Sup Forums?
Maybe an hour or two on the weekend. A lot this week because I've been sitting on a beach doing nothing but working out, reading, and trying not to think about my ex while being surrounded by beautiful women. Love sucks.

are index funds overrated?
is diversification for normies?
do pros buy common stock or preferred?
are 401ks and iras for suckers?
is housing going to keep getting expensive?

Didn't the Austrians predict hyperinflation would happen by now?

Or are banks just hoarding money?

>Hey man, you can still do it. I would recommend looking into professional cerifications though like the CIMA or CFA if you're 27- will give you credo and help you break in at a better spot than the 22 year old fresh out and with daddy's silver spoon
Hmm. These can be made outside of an university context? And hey, thanks.

At worst this will allow me to delude myself a little longer, at best I found something new to do.

Thank you.
LSD is the kind of drug you can easily be "done" with. It tells you a couple things, then you move on.

I don't know, no more easy access, would never touch that 2c shit (did once, that metal taste, oh God). I felt like I learned a lot from it when I did it alone a few times. The last time I did it was with my brother and my best friends and we drank a bottle of red wine each in union square, ended up in Staten Island because we wanted to ride a ferry, tried to buy Crack and ended up smoking and eating 20 mg of Xanax between the 4 of us (we thought it would be smart to crush up Xanax onto a bowl). If I ever do it again it will be alone because my friends and brother are absolute degenerate maniacs
No car. NYC life. I want a carerra when I move to the burbs some day, hopefully get a nice little dog, a garden in which I can plant some ginger lilys and various willow trees, and maybe a nice wife or something.

>high finance
>drinks cheap vodka
sure thing faggot

(OP)

How bad is this crash going to be? What can we do as peasants to insulate ourselves from the inevitable meltdown? Also is it possible the crash could be of epic scale as never before seen?

Yep. There are some pre reqs to them, cfa you need either a 4 year degree or 2 years of industry experience to be a charter holder but it will probably take you at least 3 years to obtain anyway. If you want to get in, do it man. Also learn financial modelling courses. Wallstreetprep.com has a nice little course that will teach you everything you need to know for basics of hedge funds (dcf analysis balance sheets) or private equity/ investment banking (leveraged buyouts, m&a)

Alright. I'll see what I can do.
>Wallstreetprep
Nice.

if you ever want good acid go to the darknets

They are hoarding like crazy. Go look at JP Morgan and ubs' 8k (quarterly). European banks also increased reserve requirements.

If i start shitting blood does that mean i should stop drinking? if yes, how do i stop alcohol withdrawals from killing me

How long do you think i shouldn't shave to grow a beard? and is 300k too much for a 5.1 acre property?

Being a 30 year old neet who lives with his parents, this post makes me want to kill myself. What is it like to be successful? Do you travel around the world?

How is the Brexit referendum going to affect GBPUSD

Can you translate japanese to english? and english to japanese?

> (OP)
>are index funds overrated?
No, they have their value. Make sure you also look at heat maps /morning star because...
>is diversification for normies?
...in the last few years small cap growth outperformed everything else. Diversification is good but when done properly. Most people are better off buying Russell 2000 and sp500 in a crash and selling when "markets never been better!!!1!!!!"
People with money will hedge bets with puts and calls and have nice income producing investments like reits that spit off 7% no matter what from rental income
>do pros buy common stock or preferred?
Depends on what they want to achieve and where they would like to be as a creditor if the company defaults
>are 401ks and iras for suckers?
Nah, Roth Ira is better if you anticipate you'll still be making a ton in retirement but deferring taxes now is good if you make a ton now and think you won't in retirement. Considering social security will be fucked 401 and iras are even more important now. Most insurance is bullshit. Never take money from your 401k/ira before 59 1/2. Pledge the assets and get a credit line on it instead of getting taxed 10% penalty and ordinary income taxes
>is housing going to keep getting expensive?
Where?

I fucking hate Talib. He's an arrogant boring writer.

>closeted

Fucking faggots

classical is nice, rap is shit though. pleb

union square looks comfy, what do you make of the great circle alignment of Baltimore, Washington DC, New York, Baalbeck - Lebanon, Strone Henge, Mexico City, the national capital of Mexico; Mobile, Alabama; Atlanta, Georgia; London, the national capital of England; Lille, France, Stuttgart and Munich in southern Germany; Zagreb, the national capital of Croatia; Belgrade, the national capital of Serbia; Sofia, the national capital of Bulgaria; Beirut, the national capital of Lebanon; Damascus, the national capital of Syria; and Riyadh, the national capital of Saudi Arabia

probably accidental right?
home.hiwaay.net/~jalison/afterword.html

> I think this should be extended to all corporations
even the police forces, the courts and the country itself?

>The globalists are destroying all cultures
there will still be africans in africa, and asians in asia, it is only Whites that will be mixed out of existence

>traditional family values, cultures, a sense of belonging and religions that are being destroyed
only in White countries, they are fine in the middle east and asia

>Maybe an hour or two on the weekend
fucking lightweight, step it up

Yeah but corporate earnings are based on productivity. You can only get so cute with accounting and other tricks....and only for a limited amount of time.

Eventually if your running your growth on parlor tricks your going to be crushed.

should I clean my kitchen now(it's 10:47am) or shitpost for a bit longer? I have a visitor in about 4 hours

Yeah but trading paper is like playing hot potato. Wall st has always looked for a weak client to dumb their garbage on. This time it was the US Gov.

What are your thoughts on Milken?

my uncle raves about black swan, which sounds like a fairly interesting concept, but what the fuck is he gonna do a full book on explaining that sometimes everything changes?

Just for your edification, that picture was from my first job in finance. It was a chop shop that paid me 15 dollars and hour and I had to work a second job to afford to get to work. I used to be on the verge of tears daily because of how broke I was and my dad lost all he had in 2008. I used to drink shit vodka at my desk all the time and I keep a pint of that brand in my desk to remind me.
> (OP) (OP)
> (You)
>How bad is this crash going to be? What can we do as peasants to insulate ourselves from the inevitable meltdown? Also is it possible the crash could be of epic scale as never before seen?
Dunno man. I don't think anyone knows the scale of these thinks. Maybe we'll have a world war maybe we'll go out with a wimper...washed away, like tears in the rain. Anyone who says they know is lying or illuminati lol
>How long do you think i shouldn't shave to grow a beard? and is 300k too much for a 5.1 acre property?

Depends on you, what's the time value of that money and your trade offs? I haven't shaved in 3 weeks, looking grizzly. My brother said Rogaine worked to bring in a beard for him but I'm hairy as fuck.
>If i start shitting blood does that mean i should stop drinking? if yes, how do i stop alcohol withdrawals from killing me
Taper off and use benzos. Alcohol withdrawal can actually kill you. Delerium tremens it's Called? I had to be but on clonazepam to taper off because I used to drink when I was broke and in the dumps

salary?
how much do you steal?

Too many jews in Wall Street?

Its all assets under management and products. The actually ROI in those products is pretty garbage. It sounds like you just sit in a bureaucratic middle-man type position.

>It was a chop shop
whats this?

How fucked up is it for your industry that bernie sanders wants to slap a 50% speculation tax on you guys and then use that money to send millennials to mediocre colleges to earn degrees in gender studies?

Ever had any gay encounters?

>
>Yeah but corporate earnings are based on productivity. You can only get so cute with accounting and other tricks....and only for a limited amount of time.
>Eventually if your running your growth on parlor tricks your going to be crushed.
That's exactly what the Koch brothers mean. Hell look at how some companies report subscriptions- recognizing all before it comes in. Sheisty jew tricks to make it look all comfy for the dumb dumbs
> (You)
>classical is nice, rap is shit though. pleb
B-but it gets me so pumped up
>union square looks comfy, what do you make of the great circle alignment of Baltimore, ...Sofia, the national capital of Bulgaria; Beirut, the national capital of Lebanon; Damascus, the national capital of Syria; and Riyadh, the national capital of Saudi Arabia
>probably accidental right?
Complete coincidence
>home.hiwaay.net/~jalison/afterword.html
>> I think this should be extended to all corporations
>even the police forces, the courts and the country itself?
My personal views are Sup Forums tier. Lynch them all race war/ war on the normies now.
>>The globalists are destroying all cultures
>there will still be africans in africa, and asians in asia, it is only Whites that will be mixed out of existence
I like hiding at work and not having to see the horror that is reality. In my world almost everyone is conservative and traditional
> (OP)
>Being a 30 year old neet who lives with his parents, this post makes me want to kill myself. What is it like to be successful? Do you travel around the world?
If you read my other posts, I've alluded to how bad my life sucked. I overcame social anxiety, lack of discipline, the tunnel vision of no hope no motivation...it feels good man, it truly does; I truly hope other Bros here can make it. I travel...it's nice to see other places

why does my commit charge show 14/15 when my physical ram shows 3gb free?

still doesn't explain why you're drinking cheap vodka if you're rich. i wouldn't drink that shit if you paid me and i'm poor as fuck

The point of the book. And I read it. Is basically to state that he is indifferent to what the market is going to do next. That he is more interested in...

Lets say he thinks the market has a 30% chance of dropping....But IF it drops he thinks it could drop by 20% in a short period of time.

It a philosophy of not whats going to happen next per say but HOW its going to happen.

He usually employs some type of options strategy to bet on the probability of that 20% drop so that he is hedged against the likelihood it will not happen.

If that's how you want to see it sure. It pretty much goes equity research to investment management or hedge fund and the end game is portfolio manager. I've made it to my end game short of owning my own hedge fund or something.
I was molested as a child if that counts
I don't like vodka in general. Just a token reminder of a different time in my life. I'm an oban guy

A shoddy brokerage house where they help young ambitious idiots get into the industry while using them as workhorses to drum up business one way or another.

I lived in NYC as a trader for 8 years. We should hang.

A Sup Forums bro who knows the markets. Basically right up my alley.

What do you do about that smathering of shitheads always hanging out in the park.

Niggers, ex-occupiers, etc. I fucking hate that spot.

No upper east/west or Bk?

do you like initial D?

are naked puts followed by covered calls a good strategy?

>should I clean my kitchen now?
damn, I should just do it

I might give it another shot then

youtube.com/watch?v=Gah8FnYSypk

>should I clean my kitchen now(it's 10:47am) or shitpost for a bit longer? I have a visitor in about 4 hours
Find some vicodin, masturbate until it goes limp, wonder what you're doing with your life, don't clean, ignore the doorbells, and drink Magners because you're probably in the UK (forgot to check flag)
> (OP)
>salary?
>how much do you steal?
Base is 190
Bonus is over 400 last year. The last thing i stole was a copy of guns germs and steel from some nyu bitch I fucked. She doesn't need to be reading that propaganda
> (You)
>How fucked up is it for your industry that bernie sanders wants to slap a 50% speculation tax on you guys and then use that money to send millennials to mediocre colleges to earn degrees in gender studies?
Please just kill me now

Is there anything doable to stop high finance destroying the world and the people ?

Is it better to be a hot shot investment bank trader, salesperson, investment banker, or portfolio manager (whether at a bank or asset manager)?

Is your job interesting and do you enjoy it? Are your earnings / promotions based on performance or only social skills?

How do people have meaningful hobbies when they work many hours a week? When I worked 9-5.30 on weekdays, plus went to the gym four times a week, I had barely any free time except weekends.

How do people get their own hedge funds? Where does the capital come from at first?

I would be down. I fucking hate it but then again I'm only there to sleep and I can't see those nig nogs from the 18th flood, I'm looking into moving to upper east soon. Union square is nice for the meatpacking to union square factor for pulling bitches. What do you do now?

What are your thoughts on all these tech unicorns?

Paper billionaires etc...

Is it a asset bubble?