Ask an actual investment professional anything

>Buy a index fund and forget about it, do other things with your life
is there literally any single individual left working in the finance industry who doesn't just parrot this exact line?

No, I don’t deal with dumb retail money. Most of our money is large pension funds and sovereign wealth funds. I am not a financial advisor, I manage probably 20-50 million of investments a year and sit on company boards.

Big day on Wednesday, huh? What are your thoughts?

I don’t tell that to people in the industry, we have lots of special knowledge and insights. I give it as generic advice to people outside of the industry who think they are the next warren Buffett or George soros. Not everyone can be Michael Jordan. If you havnt started reading 10-Ks when you are in high school you are so far behind the curve that it makes no sense to dedicate time to the space

Like this guy mentioned networkingYou can try speaking to people on LinkedIn.
You'd be surprised at how willing people are to talk and help out strangers

OP, will your firm be sending a rep to any of the pre- BAKKT Bitcoin conferences in January?
Do you personally know anyone who just bought in today?

It's no coincidence the NYSE drained into FANG+ portfolios. 3Billion USD equivalent was pushed from the exchange into Crypto in less than an hour, right at 8AM Eastern. Thoughts?
You get in while you can, just in case?
What was your board's issued statement on the current FED rate hike negotiations? The trilions about to be printed for the new spending bill?
What states do you own property in/ want to- and why?

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Also for some reason, 60% of investment analysts i’ve met are autistic INTJ scorpios for some reason. I don’t know why it is that way, but it seems to hold true

ALL IN ON BITCOIN RIGHT NOW

ESTIMATE MY RETURN OVER THE NEXT 5 YEARS

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i went long on amd, how fucked am i ?

OP im way overinvested in BTC and scared to death. should I sell everything now while im still slightly in the green? already lost a small fortune on shitcoins. plz halp

This is what martin shrekli basically said.
He went through analysis and reckons you should put in a minimum of 100hours into researching a company and said it's best to put in 1000s of hours.
Seeing him do analysis in is lessons was so off putting realising the amount of time and effort you have to put into shit.
So looking at everything it seems index is my best bet.
What's your biggest loss or investment mistake you made? Want to kinda understand how even someone who knows quite a bit about the market can get fucked.
I.e. you don't see many economists with an abundance of wealth ironically

When are you being indicted for fraud?

you're so fucking retarded that it hurts to read what you just wrote. you don't need to be george soros level to beat an index fund. for one you could do exactly what the index fund does and save on management fees

Dunno anything about crypto, I only evaluate real companies. I also pay no attention to capital flows, I evaluate business fundamentals only. I have modeled thousands of different companies, looking at their earning power, working capital cycle, cash flows. I look at industrial concentration, supply chain shifts, shifts in consumer preferences, etc

>Not really, private equity is booming. Public equities is dying because of indexation but PE is here to stay because of the complexity of transactions, accounting and governance of private businesses.
What do you mean by this? You saying the public equity market is dying because traders are losing their purpose to index's? I don't understand

We in recession?

Cuz it really looks like we in recession.

There is a group of whales that said they're planning to crash bitcoin down to 1000. Then they'll pick it up. There was a thread about it last week. There is some evidence of it and it's not that far fetched

good luck replicating vanguard to save 10 bps you retard

Active management in public markets is dying

Recessions are impossible to predict but it just looks like a normal correction to me. There is usually on average 2-3 corrections of 10% per year. So, it looks normal to me still.

Why hasn't Pakistan exterminated all street shitters yet

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How much do you make?
How many hours are you at work?

How much did your earn this year faggot

MAD

200k~ not including carried interest
~50 hours/week

>So, it looks normal to me still.
Is this the basic sentiment in the Jow Forums?

I see you take a view on the company level but do you look at the country level of the jurisdiction?

>Active management in public markets is dying
Is it bots now or something? Or Fed 'management'?

What was your parents' NW when you were 18?

How do you take FED interest rate hikes into account when projecting the future of the markets

Am I too old to do this at 38?

Analyst at 200k? Ok...

thoughts on weed stocks? would be interesting to use those analysis skills to see which companies will go on to be the big ones and which die off

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Even with CFA, without connections you are dead as duck. Investment as day job may not be as interesting as a side hustle.

>Active management in public markets is dying
Will this lead to stagnation or at least less speculation?

Noob here. Got my 7 and 63, phone jockey on ground level fortune 500. Have CFA lvl 1 in June 2019.

Come from chemistry so strong analytical background. Fuck hard science btw, I want a chance at real money.

Wat do?

Snow thot for your thoughts

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>good luck replicating vanguard to save 10 bps you retard
the point is you can mention to these people that you don't have to be a genius (proof: you, you fucking retard) to comfortably make money for themselves, provided they study enough. Which again doesn't have to be george soros level returns to make a lot of money for your family. your job isn't intellectually hard to do, it's just you gotta do a lot of it, hence why they hire athletes and frat bros. basically bankers are just a bunch of expendable workhorses usable from one recession to the other. the trick is to get in right at the bottom, get the job, run your mental state to the ground for some years, and exit

you're so fucking retarded to think of yourself as an expert in anything related to returns

I am sitting down with 5 startups to evaluate if a group I represent should invest (amounts from $200,000 to $5mm).
What questions should I ask so that I look like I know what I'm doing?
I have a strong science background but know very little about the business side of tech and biotech startups.

Only take a industry view mostly. Market gets less efficient due to indexation being liquidity weighted so it becomes self reinforcing

Maybe half a million?

Wont be sustained for long as demographics and tech is deflationary long term

Too commoditized, no moat

Finish your CFA and network, cfa society is a good place

Ask about distribution. Selling is something is 10 times harder than making a good product

what specifically do you mean by network?
what if, hypothetically, i have autism?

Being too anal retentive on net nets. I’ve invested in a Chinese plastics manufacturer that spined out a 10% dividend for 20 years, sits on some valuable real estate, was owned by Michael burry at some point. It’s lost like 50% of its value in the 10 years i’ve held it. I still keep it in my portfolio as a lesson on value traps

Opinion on Xrapid?

how does it feel to eat your own cum?

Most securities analysts have high functioning autism. Like make friends with people with like minded interests. I ran the university investment club and most of us ended up in investment/consulting. So grab a beer and go sperg out about ARPU and margin expansion.

id never graduated but i like to learn new things.

im on my way to build a blackbox, already doing 1.8 Sharpe Ratio on live trading.

i will market the thing once it reach 2.3.

any advice?

>id never graduated but i like to learn new things.

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literally fuck you dude, this is not my mother tongue.

Ahmed got angry lol

Don’t know too much about trading or quants

Value trap? Pretty sure I've read in place that high dividends are a red flag. Seems really silly you fell for that.
Like fords got some pretty good dividends but it's in such a situation now that I think a couple months ago wall Street was trying to force them to lower their dividends. Doesn't help that they keep losing value though. But it doesn't seem like a stable situation for them

Sometimes high dividend yields are a warning sign not because of the dividend paid out going up but the yield going down because share prices have collapsed. This company had a pretty healthy balance sheet and real estate assets 10x+ what was in the books. Ford and GM both have off balance sheet big pension issues. In any case, I made that investment when I was a sophomore in college.

Is going for an mba a good way to break into finance? I have polysci BA from a great school, but dropped out of law school because I hated it. I want to break into finance but have a hard time grasping the terms/finding a good starting point.

bumping this larp because he didnt shill shitcoins

Help me get a foot in the door. Fin degree.

Unfortunately not anymore. Even top MBAs (Stanford/Wharton) have a hard time switching careers these days. Most of my friends who went ended right back in the same field. So consulting goes back to consulting post MBA, HF goes HF and PE goes PE. It ended up being a huge waste of time because your opportunity cost is probably 100k/year of salary plus tuition and 2 years of work experience, just to end up where you left off. The networking also isn’t helpful as you compete for jobs post grad and it isn’t until a decade later until they become helpful.

This is soul crushing to read honestly. Maybe I'll try to get a law degree. My job is killing brain cells right now.

Internships? I didn’t even bother going to class in college, I just spent all my time interning so I could network. I did everything possible to network, I took classes at university extension taught by retired C levels so I could meet people, I passed cfa level 1 as a junior and level 2 as a senior (they don’t really check) and went to cfa societies to meet money managers. As a result I had 3-4 offers despite graduating in 2009 in the depth of the GFC. A friend me mine was more extreme, he was working so much he didn’t graduate and was full time helping this start up raise money, he is now the ceo of that same 1,000 employee company

To expand on this, my friend interned at 2 investment banks, 1 at a VC and 1 at medtronics. He then used his connections during his internship to secure a 10 million round for the start-up (like 100 people) HC IT company. Basically he was running as their head of business development while as an intern.

Basically experience > all
And people who you work for can tell really really quickly just how capable you are.

What did you really want to be?
Also, why are you on biz? Those who've made it are supposed to move on, otherwise they haven't truly made it.

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These are biotech and medical device companies with clear exit pathways eg getting acquired by existing large businesses or using known entities to produce or distribute eg BI
Any other suggestions?

The absolute state of this board.. Jesus christ.

I have access to large amounts of capital that are not my own. Some of the people for whom I invest have suggested an MBA. Worth it in that sense?

>401k
kys lmao

If that’s the case, product becomes more important. You need to spend time talking to potential acquirers to understand product viability. Talk talk about the IP strategy, whether they have copyrights, use trade secrets or patents

Is VWO a good way to own emerging markets?

you lose everything and only have 500 dollars to your name.

How/what do you invest in>?

Why don’t you like trading forex, user?

Indexation doesn’t work well for EM, you’ll own a bunch of banks and miners

>Not posting the original, unedited version.

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>unable to think for yourself
>mba
You’ll fit right in

do you understand you have never made any money in your life?

in theory wouldn't a larger chunk of money essentially being dumb money mindlessly thrown into indexes make the market more inefficient and thus easier for people who put in the effort to find undervalued companies?

How would I get in to private investing for corps and such? I do fine on my own, but obviously I'm shit for capital. I started working in the mailroom for a big public corp (im the only person there, so i see EVERY piece of mail that comes through. CEO to janitor, don't matter) and i realized that "professional investors and firms" just fuggin beg capital out the ass. Like, "You should invest in us so your employees can retire safely" shit like that.

I absolutely refuse to believe boomers actually read that shit and think it's a good idea. But then again, it's boomers we're talking about. The corp does get a lotta big checks every week or so from some of these funds though.

so is there an active EM fund you suggest?

Do you work for blackstone?

bumping for interest, but do you also need any licenses at all for private firms? would the sec cuck my ass if i didn't have a series 7 or somethin?

The flow matters. If the market stays irrational forever, you won’t get to profit from finding undervalued companies. Value only works if markets are efficient in the time horizon where it recorrects for the mispricing

I would suggest you start by learning to read and write

I like Brookfield

No

>Brookfield
I noted that from 83 to 01 they say barely any group though from 01 to now they've been seeing steady group what's the cause of this? What did they Change up?

Cool, thanks I'll look into it

200k before taxes? Who do you work for? Joe's and Julie's McMakingIt ? Hahahaha fuck off dude.

i'm a senior getting a finance and econ double major from an average college and i have a shitty gpa (2.8). what do? I just want to get a halfway decent job that uses my business degree so i can build up from there. I'm not dumb but i suck at school.

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How to get rich in the stock market?

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You are such a gross faggot I unironically cant wait til you get absolutely JUSTd these next 13 months. Have fun cuck and keep your advice

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Everyone on Jow Forums knows that you buy high and sell low.