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subreddit_wallstreetbets
[ { "from": "human", "value": "She worked in recruiting which is a support role. I doubt her comp was even close to engineering scale. I’m sure Google was an amazing place to do recruiting but the amenities you mentioned are more about attracting and retaining engineering talent and pretty typical among FAANG. \n\nTech HR and recruiting have been hit pretty hard in these layoffs. I suspect she’s going to be looking at grad programs next." }, { "from": "gpt", "value": "I suspect the tides are shifting to favour your point, but the last few years have been pretty wild in that sector.\n\nI have friends in communications roles for finance or tech companies who are compensated quite well in the Toronto area and honestly spend half their days in stupid Metaverse conferences.\n\nI was just talking to someone who makes roughly $80k-$100k USD/year working for one of the big 4 and they explained how their latest project was learning how to furnish a living room in virtual reality. Like bro." } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "It's a tick tock I've no idea what the actual work is like and neither do you, social media is always someone pretending to have a perfect life that others desire. That said the better a job pays the easier it is is my experience. All my minimum wage jobs have been 10x harder than the decently paid lab work I do now." }, { "from": "gpt", "value": "The way I see it, I’m paid for output; not the amount of time spent at my desk. I’m expected to provide certain results. Those results provide a certain fiscal value to my employer.\n\nIf the output is significantly higher than my salary (usually about 10:1), then whatever they are having to pay me is worth it, even if I only work 15 hours a week because I make them money hand over first. It’s no one’s business how long I spent doing the work, I completed everything expected of me.\n\nI could go to a different company where the output will require me doing 30-40 hours a week or even 50-60. The work will be more difficult and I will be making significantly more. I choose to stay at a company where my workload and pay is smaller because I value my time with my family more than I value making more money." } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "Oh she was just a recruiter? Haha her chill “day in the life” makes sense now. Google recruiters are like two steps above completely useless. Their hiring process takes forever." }, { "from": "gpt", "value": "Can confirm. Was recruited by them and they were a complete mess to the point I had multiple other job offers before scheduling just their 2nd round interview." } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "Oh she was just a recruiter? Haha her chill “day in the life” makes sense now. Google recruiters are like two steps above completely useless. Their hiring process takes forever." }, { "from": "gpt", "value": "Basically just copy+pasting messages to every nerd on LinkedIn and redirecting them to 6 technical interviews only to get rejected. \n\nAnd then they get the same message 4 weeks later on LinkedIn." } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "Oh she was just a recruiter? Haha her chill “day in the life” makes sense now. Google recruiters are like two steps above completely useless. Their hiring process takes forever." }, { "from": "gpt", "value": "was about to say, doesn't Google just have to say they are hiring and like 40,000 applications are dumped on them, use an AI algo and you're good" } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "Buy now you’ll wake up + 20%. All this happened without WSB and without a squeeze. Volume 325 million today. 13.5 million people on WSB just got word and CNBC talked about it. \n50% Short interest, shorts are staying late in NY today with overwhelming anxiety. \nIt’s going parabolic tomorrow. Next week could\nbe more. \n\n🚀.🚀..🚀…🚀…..🚀🚀🚀🚀🚀🚀🚀🚀🚀\n\nEdit one of you 💎🙌 strattonites just called Cramer on CNBC, owning 750 shares @ $1.36, congrats my man. \n\nBBBY mentioned on CNBC closing bell\nBBBY mentioned On mad Monday\nBBBY back on WSB\n\n🚀" }, { "from": "gpt", "value": "bro are you still holding from $26?" } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "So why does VW have so much debt and Tesla doesn't?" }, { "from": "gpt", "value": "Tesla paid their debts back to the government as soon as they could so they could continue to borrow at lower and lower rates until they were cash positive and have vertically integrated year after year after year from fresh factories built around their designs from the ground up. They are a well oiled machine at this point. It pays to be a head of the curve. Retrofitting and retooling is expensive.\n\nLegacy companies and especially VW have had to borrow at insane rates to do a 180 to try and catch up with the EV trend as well as pay back fines from dieselgate as well as investments in Electrify America. \n\nBut debt doesn’t tell the whole story. When you have trust from finance institutions from being around forever you are allowed to be in debt and operate almost indefinitely as eventually one of the many individual loans will be paid off so the bank doesnt care as they will eventually get paid (hopefully)." } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "What is the strategy ? are you directional or buy Straddle, strangle ? OTM options ? what is it ?" }, { "from": "gpt", "value": "As close to the money as reasonable, within the constraints of account value. 5-15% per trade is my rule of thumb. Usually directional (looking for overbought/sold on multiple timeframes), but occasionally straddle when I'm expecting vol. I exit as often as I can over 100% gain, because exiting too soon with so many that expire at 100% loss means the gains have to make up for it. Exit strategy and position sizing are everything in my mind." } ]
subreddit_wallstreetbets
[ { "from": "human", "value": ">You're an idiot. Google could have easily made that $2.5 billion back by not doing stock buybacks and instead investing in their own company. They are just a bunch of greedy billionaires who only care about themselves." }, { "from": "gpt", "value": "Bot forgets that buying your own stock fits every definition of investing in your own company, lol" } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "That's the ultimate 0DTE player with all signs in his favor....and, it's gone. ![img](emote|t5_2th52|4260)" }, { "from": "gpt", "value": "Id say this is more analogous to having a $20 dollar stock and naked selling 1,000, 10$ puts for .10 a piece. As long as the stock stays above $10, you profit 10k. However in this anaology somthing catostrphic and unlikely happens causing the stock to suddenly drop to $0 at expiration. At this point you have to fulfill your contractional obligations of your puts you sold, aka, buy 1, 000 × 100 or 100,000 shares at $10 a piece.\n\n100,000 shares at @ $10 a share is $1,000,000. However, since the stock price is actually $0 now, you essentially just lost $1,000,000.\n\nWhy this is kind of similair it is very unlikely a stock will suddenly drop from $20 to $0 out of no where causing you to lose $1,000,000 just like it was so unlikely for the jags to come back from that deficit at half time. On the opposite side it should be very likely a stock at $20 stays above $10 at expiration which would lead to you winning $11k just like it was very likely for the jags to lose causing you to profit $11k.\n\nNow technically it isnt 100% analogous since its possible in the options scenario to close out your position before expiration before the stock price hit $0 if you decided to before the sudden black swan event that would cause the stock to go $0 and you to lose the full $1,000,000." } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "thank you! this makes a lot more sense now. sad that many do buy and hold it though." }, { "from": "gpt", "value": "Tbh, that is how you build wealth. Find the undervalued quality and hold it for as long as you can. But this flash-in-the-pan stuff is speculation, not investing. You *can* make money but it's more like a slot machine." } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "That wasn't Boomers, guys. That was the post-war \"Greatest Generation\". They raised the Boomers (born 1946 to 1964). By 1970 as Boomers started flooding into the workforce, 50% of households had 2 working parents and it just kept growing from there. Why? Because one job wasn't enough to support a family, buy a house, save for retirement, save for your kids college. Trust me I lived it. And I paid 14% interest on my 1st mortgage in 1984. Let that sink in. Inflation and interest rates were epic back then. You have no idea (yet)! \n\nBoomers worked their tails off. (Some of them are STILL working.) Not because they were greedy but because they had to in order to support their families. Not saying you can't find things to complain about Boomers or ANY generation, really, but talk is cheap. Let's see how your generation actually changes things for the better. If you don't like the way things are, get a mitt and get into the game. Every generation has an opportunity to leave their mark. Boomers are leaving the field in droves. You're up and I'm rooting for all of you. (My own kids are millennials.). Show us what you got!" }, { "from": "gpt", "value": "I was born in 1971 and my parents could have bought a house in a nice area for under 50k. That same house sells for 4 million now.\n\nI live in LA though.\n\nPrices didn't start getting completely insane until about twenty years ago. If you weren't able to buy a house yet back then, you slowly lost any chance to unless you are a millionaire at this point.\n\nI understand California is expensive but I've searched other areas and the prices are all completely ridiculous." } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "What exactly are you trying to get at? Food standards in the USA are lower than those in Europe, whether it be what can be in the food on purpose or by \"mistake\", that's just a fact. \n\nEvery country picks corn ;)" }, { "from": "gpt", "value": "Our worms have less antibiotics and hormones than US chicken and beef." } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "Poor, uneducated Americans - \"Why are we sending weapons and money to Ukraine, we could be spending that money here\".\n\nLmao for like $30 billy Ukraine basically sent Russia back to the stone age + isolated China. Global dollar + NATO even stronger now. Ukraine stays a democracy (European shield) and doesnt become Putin's cuck. Basically best ROI ever. God speed Ukraine." }, { "from": "gpt", "value": "And that’s $30 billy of old stuff we had sitting in storage. We’re not sending the new toys that cost even more. We’re cleaning out the closet" } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "Poor, uneducated Americans - \"Why are we sending weapons and money to Ukraine, we could be spending that money here\".\n\nLmao for like $30 billy Ukraine basically sent Russia back to the stone age + isolated China. Global dollar + NATO even stronger now. Ukraine stays a democracy (European shield) and doesnt become Putin's cuck. Basically best ROI ever. God speed Ukraine." }, { "from": "gpt", "value": "Mostly true but I'm not sure Russia ever left the stone age" } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "Poor, uneducated Americans - \"Why are we sending weapons and money to Ukraine, we could be spending that money here\".\n\nLmao for like $30 billy Ukraine basically sent Russia back to the stone age + isolated China. Global dollar + NATO even stronger now. Ukraine stays a democracy (European shield) and doesnt become Putin's cuck. Basically best ROI ever. God speed Ukraine." }, { "from": "gpt", "value": "Proxy wars. Best bang for the buck" } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "Poor, uneducated Americans - \"Why are we sending weapons and money to Ukraine, we could be spending that money here\".\n\nLmao for like $30 billy Ukraine basically sent Russia back to the stone age + isolated China. Global dollar + NATO even stronger now. Ukraine stays a democracy (European shield) and doesnt become Putin's cuck. Basically best ROI ever. God speed Ukraine." }, { "from": "gpt", "value": "![img](emote|t5_2th52|27189)![img](emote|t5_2th52|27189)![img](emote|t5_2th52|28561)" } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "You have no clue what socialism is and USA has one of the highest debt per capita and dept as a percentage of GDP ratios in the world so who's the real \"poor\" people here?\n\nIt's all going to come crashing down at some point...\n\nWe're talking about food standards here, USA is lower than most, if not all of EU.\n\nThat's a fact...sit down." }, { "from": "gpt", "value": "EU regulations make food healthier for half of the world. Because if you want to sell to europe, you need to adhere to their laws. So by extension you probably made all of your products to be avalible to sell to europe. And some of that you will sell on local market or to a country where you could give earlier raw chicken to someone with sepsis because it contained so much antibiotics.\nBut because you are selling some to EU you wont be giving that much." } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "Before I leave this place forever I just want to leave this headline here: \n\n“Bikini-clad Lizzo Celebrates Obesity in Instagram Video: ‘This Body Is Art’”\n\n#LMAOOOOOOOO DISCUSSTHING 🐋🐋🐋🐋🐋" }, { "from": "gpt", "value": "Get with it bro. Unhealthily large women are empowering. Their high cholesterol is empowering. Their elevated risk for heart disease is empowering." } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "> You made x amount, didn’t pull any money out for taxes. \n\nI didn't understand this part in your response..\nStock gains are not taxable until you sell the stocks." }, { "from": "gpt", "value": "you have $100 capital and invest it.\nsell for $150 with a $50 gain. \nnow you reinvested the entire $150 without accounting for the ~40% of $50 gain (=$20) that you owe in taxes.\nthat $150 you invested now dropped to $75 and you don’t want to sell it for that much loss.\nHowever you still owe IRS $20 on the initial gain you made." } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "> You made x amount, didn’t pull any money out for taxes. \n\nI didn't understand this part in your response..\nStock gains are not taxable until you sell the stocks." }, { "from": "gpt", "value": "Let's say you buy a penny stock medical company\n\nThey cure cancer tomorrow and the stock rockets to the moon, you sell for $300k gains\n\nYou take that 300k and buy another penny stock, it gets denied by FDA and goes down. You don't want to sell yet so you hold through the new year.\n\nSo now, for the previous year, you have an `UN`realized loss of some huge number but a `realized` gain of $300k.\n\nYou now owe the taxes on $300k gains, which is short term capital gains 40%'ish like $130k. At the same time you're super negative on the shares you're holding because on top of being denied by FDA the CEO was also spotted on Epstein Island." } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "It was only 70k but I was out of the country and unable to deal with it. They sold the house for 30% less than its market value, charged me a bunch of interest and added on about 30k in lawyers fees for taking the house. I wouldn’t recommend going this route." }, { "from": "gpt", "value": "\"out of the country at the time\"\n\nSo how is <insert non extradition treaty country here> ?" } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "I respect your post and your opinion but imo Tech layoffs are bullish, the highest income earners are no longer in as high demand meaning wages amongst this group will stop growing. People who worked for these companies will have no problem finding a new job albeit at a lower salary. Unemployment is still at record lows and the US economy is chugging right along and the military industrial complex (tons of jobs in this sector) is busier than it’s been in years (war is good business). Now is not the time to be bearish." }, { "from": "gpt", "value": "Tech worker layoffs have only amounted to about 46k this year which is a tiny fraction of the workforce. Even if they represent higher consumer spending, it’s not enough to make a dent in the overall economy. Also keep in mind that most of these companies still have more employees than they did in 2019. Hiring at these companies was crazy over the last 2 years and mostly they are just correcting for that problem now. I agree, not bearish." } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "I respect your post and your opinion but imo Tech layoffs are bullish, the highest income earners are no longer in as high demand meaning wages amongst this group will stop growing. People who worked for these companies will have no problem finding a new job albeit at a lower salary. Unemployment is still at record lows and the US economy is chugging right along and the military industrial complex (tons of jobs in this sector) is busier than it’s been in years (war is good business). Now is not the time to be bearish." }, { "from": "gpt", "value": "Of course, someone with calls would say just this ![img](emote|t5_2th52|4271) and someone with puts like myself reply in this manner ![img](emote|t5_2th52|4271)" } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "Other than the GME debacle, I see no reason to treat RH like it's radioactive. \n\n1% match on IRA 4% return on cash, stock lending income. \n\nYou and your trade / financial data are the product, but they give you a good deal with the 0 fees and fair interest rates." }, { "from": "gpt", "value": "The 1% IRA match is only if you keep it with them for 5 years. Regardless of being insured, that's a long time to keep your retirement savings locked up with a company with as shaky a background as RH." } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "Bro, this shit didn't start in 2020. After like 6 years of near-0% interest rates because of the crash, the Obama admin started to increase them in 2016. Then, the former admin kept interest rates low and loosened corporate regulations for four years, allowing them to absolutely rape our economy." }, { "from": "gpt", "value": "This shit started in 2008 when they didn't let so many irresponsible companies just fail and restart the whole thing from scratch." } ]
subreddit_wallstreetbets
[ { "from": "human", "value": "Bro, this shit didn't start in 2020. After like 6 years of near-0% interest rates because of the crash, the Obama admin started to increase them in 2016. Then, the former admin kept interest rates low and loosened corporate regulations for four years, allowing them to absolutely rape our economy." }, { "from": "gpt", "value": "Dude you know. Its 100% the feds fault despite Trump actively telling the public repeatedly that he was making the fed lower rates when they said it was time to raise them again. Oh, it's bidens fault for not fixing it sooner. \n\nIt's a simple equation. If a Rep. Is in office then the fed does it on his own. If a Dem is in office then they are to blame *with* the fed. \n\nJust like the 2008 crash caused by the guy who was president in 2009.\n\nRepublicans are doing the right thing when they shit the bed and it's Dems fault if they don't clean it fast enough." } ]