whatok

36 ms·

331.
by whatok 8y ago
The sole reason that the path to public markets is a long and compliance-ridden one is enough to seek private investment. It's much harder to raise money in public markets than private ones.
332.
by whatok 8y ago
Yeah, I don't think it's that great of an idea. Any sort of operational or execution-related risk you introduce by replicating indices with single names could cost you a lot more than $500k and really isn't worth it.
333.
by whatok 8y ago
Indexing might make sense for a portion of your assets but if you have enough wealth to consider a family office, your investment goals are much different than a standard retirement account. Whether it's a different time horizon or si
334.
by whatok 8y ago
Thought was implied but money market funds vs corporate bond funds.
335.
by whatok 8y ago
Under the hood vs how they function in everyday situations are completely different things. If I sock away $100 a month for the next 12 months to pay for something, which one is more likely to have >=$1200?
336.
by whatok 8y ago
Very important distinction between money market funds and checking accounts is that they aren't FDIC insured.
337.
by whatok 8y ago
This is extremely misleading and no one should be using bond funds as a checking/savings account replacement. You have mark to market and liquidity risk here which in normal circumstances you do not have with a savings/checking a
338.
by whatok 8y ago
Equity example, you borrow shares from your broker, sell them, and later buy them back to return the shares you borrowed. You make money if the price is lower when you cover your short (excluding whatever fees)
339.
by whatok 8y ago
Nothing exists in a vacuum just like solely attributing companies adding female directors to a marketing stunt. There was large momentum on this front already that would have happened with or without this.
340.
by whatok 8y ago
BNSF is spending money on capex because it's the smart thing to do in that industry right now. That's not a consequence of a Buffet investment. Buffet also invested in Heinz and they immediately fired thousands and are cutting c
341.
by whatok 8y ago
State Street also used that as a marketing stunt to launch an ETF while they were being sued for sexual harassment and pay discrepancies between male and female employees. Marketing is marketing is marketing.
342.
Bloomberg Beta Investment Documents(github.com)
3 points by whatok 8y ago|0 comments
343.
by whatok 8y ago
Credit card debt is a small percentage of overall household debt.
344.
by whatok 8y ago
Like I said above, only talking about dude in charge.
345.
by whatok 8y ago
Your first tl;dr point should be "never sell options without proper risk management in place". Selling vol is a perfectly sound strategy in itself. It's just very easy to do wrong.
346.
by whatok 8y ago
SMAs are a common fund structure. It's a terrible idea for a strategy like this but for other strategies/asset classes where you either don't have as much potential volatility or drawdowns, I don't see the problem with
347.
by whatok 8y ago
Without getting into specifics, some investors prefer separately managed accounts. It has nothing to do with difficulty of setting things up and everything to do with preference. That said, if for some reason I wanted to invest in somethi
348.
by whatok 8y ago
They were selling options; not buying them. Hard to blow up like that if you're buying options. Regardless of what the investor did or did not understand, my point stands; this guy was extremely reckless.
349.
by whatok 8y ago
Centaurus/John Arnold was another party here. While they were not part of the liquidation they had ridiculous returns that year as a result of the Amaranth situation. The book Hedge Hogs is a good read on Amaranth. Dollar amount asid
350.
by whatok 8y ago
I didn't say anything about his clients. I might have a tiny bit of sympathy for them but absolutely none for him.
351.
by whatok 8y ago
This person claims that they were an investor and put together a spreadsheet with several days of NG trades. What I see is someone being irresponsible. https://twitter.com/waklyn1/status/1064307589578579968
352.
by whatok 8y ago
They were setup as managed accounts. Clients actually own the assets and in turn the liabilities.
353.
by whatok 8y ago
This guy deserves no sympathy. He gambled his client's money in an extremely irresponsible manner.
354.
by whatok 8y ago
What % of the plastic generated from the rivers in India and China are because of Western countries?
355.
by whatok 8y ago
https://www.dw.com/en/almost-all-plastic-in-the-ocean-comes-...
356.
by whatok 8y ago
There's no chance that a collapse is immediately caused but if SOFTBK reaches a point where they closed off from capital markets, one of their best ways to raise cash is to sell their stakes in some company. I don't think it coul
357.
by whatok 8y ago
Depending on how you define a "serious economic downturn". The one thing funds that invest in private companies has it that they can mark-to-model rather than mark-to-market. If it's not a prolonged downturn, private funds
358.
by whatok 8y ago
Lyft also announced IPO plans on a similar timeline shortly after and Postmates just did too.
359.
by whatok 8y ago
Pedantically, I would agree with your definition if it was phrased as "short selling" and would ask for more clarification ("via what?") if someone said they had a short position.
360.
by whatok 8y ago
That's definitely not standard industry convention. Previous poster's interpretation is correct.

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