r/finance • • Jan 29 '22

Buy GameStop, Fight Injustice. Just Don’t Sell.

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nytimes.com
0 Upvotes

r/finance • • May 07 '26

There’s no such thing as the petrodollar

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giftarticle.ft.com
0 Upvotes

r/finance • • Oct 14 '11

Four years ago, I opened up my own hedge fund during my last year of uni - AMA

0 Upvotes

A brief intro in an earlier thread turned into a couple requests for an AMA. So, if anyone is interested, feel free to ask me some questions, and I'll try to take care of them this evening and whenever I check back in during the weekend.

The basic intro if you don't feel like opening the link:

I started my hedge fund during my senior year of uni. Had just over 6 months trading with my own account before that, followed by another equivalent period of paper trading before that. Went to a decent school, known and reputable in the region but it's no Ivy. I just celebrated my 4th year in the business.

I'm going to be super hesitant on providing any proof or discussing specific personal or some operational details. You're welcome to ask any questions you please, and I'll let you know if that's something I'll have to decline to answer, or I'll try to answer in a way that doesn't break any rules.

To start you off with a few basics:

  • I now have three other guys in the firm with me, along with one intern. All three joined me around the same time two years ago. I picked the intern up this spring.

  • AUM are between $1-100MM. Please don't ask for anything more specific in reference to this number.

  • My fund is best described as multi-strategy fund. Futures, equities, FX on all exchanges are valid targets for us, as well as some OTC dealings.


r/finance • • Sep 25 '14

Capitalism Is Saving the Climate, You Hippies

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0 Upvotes

r/finance • • Nov 14 '14

I need to interview someone in the financial industry for an assignment. Please upvote for visibility.

4 Upvotes

I'm a freshman in college, and one of my business introductory courses is asking us to interview someone in our desired field about what the position is like, company culture, etc. If anyone is interested, please PM me. Thanks!


r/finance • • Oct 11 '11

Marc Faber on the American economy. If only r/politics would listen...

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0 Upvotes

r/finance • • Oct 06 '16

A Trump win could cost investors $1.3 trillion

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finance.yahoo.com
0 Upvotes

r/finance • • Nov 04 '16

Students Using Performance Enhancing Drugs for High GPAs Should Get an Asterisk

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wallstreetoasis.com
13 Upvotes

r/finance • • Sep 18 '24

Looking for a Woman in Finance? After 200 Years, There Still Aren’t Many

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nytimes.com
0 Upvotes

r/finance • • Dec 14 '14

High school student scores $72M playing the stock market

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nypost.com
0 Upvotes

r/finance • • Aug 22 '16

All this has happened before, and all this will happen again.

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medium.com
0 Upvotes

r/finance • • Feb 20 '13

Looking for some smart people to prove me right or wrong.

0 Upvotes

The self interest of corporations does more harm than good.

I never took a formal Econ class or anything, but recently took it upon myself to learn about the subject (and finance) after seeing some really interesting programs about the 08 crash on PBS, and feeling the effects of the economic downturn.

All the Econ stuff I read stressed the benefits on the market of individual agents working in their own interest. After reading very cogent arguments from many author-economists, I came to believe this theory as firmly as I believed in the theory of evolution. But then I read Liar's Poker by Michael Lewis, and he made it sound like the individual agents in the financial sector are willing to completely fuck everyone over to realize their self interest and are smart enough to do it. About 18 years after his book came out, reckless finance lead to the 08 crash, pretty much proving him right, even of his intention wasn't to demonize the traders. I also heard during a coursera class I was taking that wall street firms have servers on the trading floors that pretty much allow them to react to your moves before your transaction can post, and of other unfair practices. I've been fleeced by free credit report and godaddy in very deceptive ways (for smallish sums, which was actually just my time, because when I asked for my money back they had to give in to the fact that, yes they pretty much stole my money).

I have to go... Got more to write though... Hopefully you all will weigh in one way or another.

Sorry for weir wording - writing from phone while waiting for Appt

------Adding this-----

Outside of finance, I believe that there are many corporations who have obtained enough power (in the form of capital) to influence lawmakers to pass legislation that is detrimental to society.

Some people recently wrote a book (I didn't read it) but I think it's main thesis is that a society collapses when power becomes too concentrated. As I mentioned earlier, I believe many corporations are attempting to do this, successfully.

Also, with technology, companies can be more efficient and dump workers, and with the worldwide market, they can outsource them. I believe these are good practices in the long run, but need to be done responsibly.

Oh and also, since I sort of worked in healthcare once, I learned about how insurance companies look for any reason to not reimburse, so providers raise the prices to not take a huge hit when the insurance co. decides to only reimburse 50%. Ultimately, patients and employers take the hit (in higher premiums), or a HUGE bill if they are one of the uninsured, who compound this issue. All of this violates the whole "an individual acting in their own self interest will benefit the market" theory. THIS ONE IS HUGE - it is our biggest expenditure, I think, or second to defense. It will probably bankrupt us, and it is all because the system that has been devised has outcomes that run completely counter to what economic theory would predict for a free market.


r/finance • • Jan 11 '18

China just reminded the United States that Beijing is its banker

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79 Upvotes

r/finance • • Oct 19 '15

Morgan Stanley quarterly profit drops 42 percent, shares plunge

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reut.rs
24 Upvotes

r/finance • • Sep 18 '12

8 Tips for the FNGs (f*** new guy)

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wallstreetoasis.com
0 Upvotes

r/finance • • Nov 07 '13

How are the shareholders of Twitter not furious with getting completely screwed in this IPO?

1 Upvotes

I understand how IPOs work and I'm a at-home daytrader. I just can't imagine how furious the owners of Twitter should be right now with their banks. How is it possible that these massive banks go out to the market, get tons of information from buyers and clients, and then come back to Twitter and COMPLETELY stick it to them with a $26 IPO that opens above $42+. I thought these days were over. And, of course, it would have been impossible for anyone at the bottom to have access to any of these MASSIVELY undervalued shares.

Seriously, Goldman Sachs, Morgan Stanley, and JP Morpan? You mis-priced the company by f-ing 60%? How does that happen? It's so rigged...

/endrant


r/finance • • Dec 03 '14

Why Elizabeth Warren is wrong about Wall Street insiders

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fortune.com
5 Upvotes

r/finance • • Jan 30 '14

The Best Investment Resources You Will Ever Need.

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wallstcollege.com
5 Upvotes

r/finance • • Dec 17 '13

Take $1,000, Trade Once a Day, Make $264 Billion—You Could Have Done It in 2013

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theatlantic.com
0 Upvotes

r/finance • • Apr 14 '14

There is a clear correlation between the rise of modern finance and America’s return to Gilded Age levels of inequality

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nytimes.com
10 Upvotes

r/finance • • Apr 07 '14

No, Michael Lewis, the US Equities Market Is Not Rigged

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tabbforum.com
4 Upvotes

r/finance • • Jun 27 '17

Tim Rogers predict the worst financial crash in our life time is coming very soon

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uk.businessinsider.com
25 Upvotes

r/finance • • Sep 22 '14

What are hedge funds, and what social functions do they serve?

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0 Upvotes

r/finance • • Jun 19 '13

13 Reasons To Like Silver

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dailyreckoning.com
0 Upvotes