4 ms·
Sing it with me, kids, "Everything is Securities Fraud" - OpenAI edition, coming Feb 29 to Matt Levine's Money Stuff near you
by thomasjudge 3y ago
Sing it with me, kids,
"Everything is Securities Fraud" - OpenAI edition, coming Feb 29 to Matt Levine's Money Stuff near you
- jdgee76 3y agoThere is a better song to teach the kids - dont work for financial engineers. If you have a purely creative, engineering or technical background you will end up under, or dependent on financial engineers soon enough. To get out of that trap, either develop your own business and finance skills. Or work for people who dont have a pure business or finance background. A good mix is best. And you can then live a life where you dont have to pay attention to content creators on wall st and build things you actually care about.
- hef19898 3y agoNot everyone in finance, or running a public company, is a financial engineer skirting or breaking the rules. Agree on developing some financial basics so, this only helps!
- vanattab 3y agoThat's true the big fish are too busy rewriting the rules in their favor.
- jamespo 3y ago"Don't take advice from 1 hour old accounts" is another tune I like
- __loam 3y agoCan't wait for the Andrew Ross Sorkin interview!
- thomasjudge 3y agoSecond story https://archive.is/igIqF https://archive.is/igIqF "I sometimes write “everything is securities fraud” as a shorthand for a particular weird argument about how modern US legal dynamics transmute every bad action taken by a public company into securities fraud.."