vania-janet/multiturn-rag-retrieval-data huggingface dataset:
"well said. securitization of mortgages is a huge reason. anyone involved in the sale of loans was as guilty as the people who took on stupid loans.  by being able to turn a mortgage into a CDO, they were able to divvy up the risk and pass it on to investors... little slices at a time. you make the sale, get your sweet commission, wash your hands of the risk, and live happily ever after.   obviously way more complicated and more cogs in the machine than just the two parties mentioned, but it was a situation where everyone was making money and no one wanted to stop and say ""hmm... let's check some numbers on this."""
I don't think you've worked in sales. The high paying sales jobs usually have to compete in a competitive bid process. Companies don't just select vendors. They are mandated to create a competitive process to rule out what you're talking about. Of course, there are ways around this, but the norm is for a competitive sales process.
"The way I read that is that he's arguing for further tax cuts for corporations.  He is a huge shareholder and would be paid in options or shares.   If a big corporate tax cut happens, profits go up, the share price goes up and thus an incredable amount of money goes directly into his own pocket.    You can read his motives by the statement ""driving capital earnings overseas"".  That is code for foreign countries like Ireland winning because their corporate taxes are lower."
"Stock price is determined by the buyers and sellers, correct? Correct! ""Everything is worth what its purchaser will pay for it""-Publius Syrus What causes people to buy or sell? Is it news? earnings? stock analysis and techniques? All of these things influence investors' perception of how much a stock is worth. If AMZN makes a lot of money one quarter, then the price might go up. But maybe public perception of AMZN changes because of a large scandal. This could cause the share price to decline even with the favorable earnings report. Why do these 'good' or 'bad' news make people want to buy/sell a stock? People invest to make money. If it looks like a company is going to take a turn for the worst, people will sell. If it looks like the company has a bright, cash-laden future in front of them, people will buy. News is one of the many factors people use to determine how well a company will do. Theoretically could a bunch of people short AMZN and drive down the price regardless of how well it is doing? Say investors wanted to boycott AMZN in order to drive down the cost and get some cheap shares. This is pretty silly, but say for the sake of the argument that everyone who owned AMZN decided to sell their shares and no other investor was willing to buy the shares for less than $0.01, then AMZN shares would be ""worth"" $0.01 in that aspect. That is extremely unlikely to happen, though, for two reasons:"
"Your question contains a faulty assumption: During crashes and corrections the amount of sellers is of course higher than the amount of buyers, making it difficult to sell stocks. This simply isn't true.  Every trade has two sides; thus, by definition, for every seller there is buyer and vice versa.  Even if we broaden the definition of ""buyers"" and ""sellers"" to mean ""people willing to buy (or sell) at some price"", the assumption still isn't true.  When a stock is falling it is generally not because potential buyers are exiting the market; it is because they are revising the prices they are willing to buy at downward.   For example, say there are a bunch of orders to buy Frobnitz Consolidated (DUMB) at $5. Suppose DUMB announces a downward revision to its earnings guidance. Those people might not be willing to buy at $50 anymore, so they'll probably cancel their $50 buy orders.  However, just because DUMB isn't worth as much as they thought it was, that doesn't mean it's completely worthless.  So, those prospective buyers will likely enter new orders at some lower value, say, $45.  With that, the value of DUMB has just dropped by $5, a 10% correction.  However, there are still plenty of buyers, and you can still sell your DUMB holdings, if you're willing to take $45 for them. In other words, the value of a security is not determined by the relative numbers of buyers and sellers.  It is determined by the prices those buyers and sellers are willing to pay to buy or accept to sell.  Except for cases of massive IT disruptions, such as we saw in the ""flash crash"", there is always somebody willing to buy or sell at some price."
If anyone could reliably pick winners, they could make more money by investing in those winners than by selling their advice. Generally, when someone sends you unsolicited hype about stocks, that's because they're trying to pump the price up so they can dump their own shares before it collapses again. Also note that, these days, it's remarkably easy to run the scam where you sell half your customers buy advice and the other half sell advice on the same stock. Each time, some of the customers drop out in disgust (half, minus whoever decides to give you another chance) and the rest pay you for the next iteration. You can make a lot of money before you run out of suckers. That, all by itself, is good reason to be skeptical about anyone who doesn't publish their full history so it can be audited for such shenanigans.
"Because more people bought it than sold it. That's really all one can say. You look for news stories related to the event, but you don't really know that's what drove people to buy or sell. We're still trying to figure out the cause of the recent flash crash, for example. For the most part, I feel journalism trying to describe why the markets moved is destined to fail.  It's very complicated. Stocks can fall on above average earnings reports, and rise on dismal annual reports. I've heard a suggestion before that people ""buy on the rumor, sell on the news"". Which is just this side of insider trading."
What prevents a company from doing secondary public stock offerings on regular basis? The primary goal of a company doing secondary public offering is to raise more funds, that can be utilized for funding the business. If no funding is needed [i.e. company has sufficient funds, or no expansion plans], this funding creates a drag and existing shareholder including promoters loose value. For example with the current 100 invested, the company is able to generate say 125 [25 as profit]. If additional 100 is taken as secondary public offering, then with 200, the company should mark around 250, else it looses value. So if the company took additional 100 and did not / is not able to deploy in market, on 200 they still make 25 as profit, its bad. There are other reasons, i.e. to fight off hostile acquisition or dilute some of promoters shares etc. Thus the reasons for company to do a secondary PO are few and doing it often reduces the value for primary share holders as well as minority share holders.
You are assuming the price increase will continue. The people selling are assuming that the price increase will not continue.  Ultimately that's what a share transaction is: one person would rather have the cash at a particular price / time, and one person would rather have the share.
Because the HFT bought them in response to the guy buying. The HFT was only able to get them faster because his server and internet connection were faster. That in combination with the fact that they intentionally just spray the exchange with a huge combination of buys. If they don't have anyone on the hook, they just cancel.   So the HFT sends the exchange a bunch of buy orders. They know 99.9 won't match up with a guy who's looking to buy and cancel them. However, when they get a guy on the hook they let that one go through and don't cancel it.   A traditional market maker doesn't do that. They let all the orders go through and charge a higher price when someone wants it. However, this is accepted as fair because they're providing volume. They're making sure that buyers and sellers will have an active market. So it's expect that they should be able to profit for having that convenience.  When a HFT can cancel their orders at will they're not providing volume.  It's not uncommon for a market maker to buy as many shares as possible and then force you to pay more for it. However, they give people the ability to buy or sell shares.   HFT don't do this. They are fast enough to cancel buy orders unless they have a buyer on the hook. As a result they can be a market maker without any losses. That would be one thing, but they don't provide the market with liquidity. They just dump the shares as soon as they're done taking their haircut (tax).
On last nights episode of The Profit Marcus made an offer to the owner of a coffee company. The owner said up front he has 51% with the remaining 49% split between two early investors.  Marcus asked for 40%, said the owner will have 40% and the investors will be reduced to 20%.  Question is how can the owner agree to that deal and take equity away from the investors? It's not his percentage to sell.
"As @ApplePie pointed out in their answer, at any given time there is a finite amount of stock available in a company. One subtlety you may be missing is that there is always a price associated with an offer to buy shares. That is, you don't put in an order simply to buy 1 share of ABC, you put in an order to buy 1 share of ABC for $10. If no one is willing to sell a share of ABC for $10, then your order will go unfilled. This happens millions of times a day as traders try to figure the cheapest price they can get for a stock. Practically speaking, there is always a price at which people are willing to sell their shares. You can put in a market order for 1 share of ABC, which says essentially ""I want one share of ABC, and I will pay whatever the market deems to be the price"". Your broker will find you 1 share, but you may be very unhappy about the price you have to pay! While it's very rare for a market to have nobody willing to sell at any price, it occasionally happens that no one is willing to buy at any price. This causes a market crash, as in the 2007-2008 financial crisis, when suddenly everyone became very suspicious of how much debt the major banks actually held, and for a few days, very few traders were willing to buy bank stocks at any price."
If the price has gone up from what it was when the person bought, he may sell to collect his profit and spend the money. If someone intends to keep his money in the market, the trick is that you don't know when the price of a given stock will peak. If you could tell the future, sure, you'd buy when the stock was at its lowest point, just before it started up, and then sell at the highest point, just before it started down. But no one knows for sure what those points are. If a stockholder really KNOWS that demand is increasing and the price WILL go up, sure, it would be foolish to sell. But you can never KNOW that. (Or if you have some way that you do know that, please call me and share your knowledge.)
There is economic value added to the marketplace, by having many investors trading stocks. The stock market itself can be thought of as a tool which provides additional 'liquidity' to the marketplace. Liquidity is the ease with which you can convert your assets into cash (for example, how quickly could you sell your car if you needed money to pay a medical bill?). Without a stock market, funds would be very illiquid - an investor would likely need to post advertisements to have other people consider buying his/her shares. Until the match between a buyer and seller is found, the person with the shares can't use the cash they need. On the other side of the transaction, are people who have an appetite for risk. This means that, for various reasons, they are willing to take on more risk than you, if it pays off on average (they are young [and have many years of salary earnings in front of them], or they are rich [can afford to lose money sometimes if it pays off on average]). Consider this like a transaction between your insurance broker - you don't want to pay for a new car if you get in an accident, and you're willing to pay total annual premiums that, on average, will cost more than that same car over time. You don't want the risk, but the insurance company does - that's how they make money. So by participating in any marketplace, you are providing value, in the form of liquidity, and by allowing the market to allocate risk to those willing to take it on.
They are using a psychological sales trick to make you feel like an ass for wasting the guy's time if you walk out on the deal after sitting in his office all afternoon, especially since he gave you free coffee and sodas. Also, if you have personally invested a lot of time in the deal so far, it makes you feel like you wasted your own time if you don't cross the goal line. As soon as one side of a negotiation forfeits the option to walk away from the deal, the power shifts significantly to the other side. Bottom line: Don't feel guilty about walking out if you can't get the deal you want. Remember, the sales guy is the one that dragged this thing out by playing hide-and-seek with you all day. He wasted your time, not the reverse."
It is typically possible to sell during a crash, because there are enough people that understand the mechanics behind a crash. Generally, you need to understand that you don't lose money from the crash, but from selling. Every single crash in history more than recovered, and by staying invested, you wouldn't have lost anything (this assumes you have enough time to sit it out; it could take several years to recover). On the other side of those deals are people that understand that, and make money by buying during a crash. They simply sit the crash out, and some time later they made a killing from what you panic-sold, when it recovers its value.
This is horse-trading, *not business*.  But if Person 2 has an offer for 38K, then the item is sold, and he's not even talking to you. But if he IS talking to you, and he has a deal with the 38K man, and you offer 39K, and he accepts, that is known as gazumping; backing out of an agreed sale for a higher offer.  Given that a verbal agreement is legally binding - gazumping is illegal.  BUT! Sale price is always dependent on two things; a willing seller and a willing buyer. Without these two things, no sale can take place. And price is immaterial unless one of the parties is mentally deficient; if both parties agree to a sale price, then a valid sale can take place.  People place different values on things, and that is why an item can sell, and both parties can be happy! You might have been happy to pay 40K for the item, and consider 39 a bargain. The seller might only have wanted 35, but wanted to see how high he could push you, to try to find out what YOUR highest possible price is for the item.  If you are actually in business, then trading on lies is a recipe for failure. Uber is a great example of company founded on lies, which exploits morons, and which operates illegally in every location. Uber will never succeed, because it does not operate in a truthful, transparent, or legal manner.  Practicing lying in business is a great way to get a bad reputation really quickly. And in many instances, lying will be breaking the law. Lying about warranties, materials, things like that.
It is in the interest of private owners, stockholders and boards to ensure long-term viability of companies as well. In the case of stockholders and boards, the current price of the stock has its future earning potential priced into the value of the stock. For example, if Microsoft or Google declared that they were shutting down their big research projects, their stock would tumble. Pharmaceutical and chemical companies also have interest in long term viability. They understand that the projects that they start today will not hit the market for another 10 years. If they go bust, all of that money is wasted.
I think a lot of people do not understand corporations. People talk about the 99% and the 1%, but expanding that out it comes down to investors. I'm an investor personally, the job of the company is to make as much money as possible to make my investment as valuable as possible. Also, as stated in the article,  this move could be sparked by the desire to not pay double tax, both American and Canadian. Regardless of what moving their tax money does long term, the company is acting with the investors's interests, pure and simple.
Sure.  PM me a dropbox link or something or your e-mail address and we can connect that way.  Biggest piece of advice, get on the phone and just call call call.  Have a pitch ready that's clean and clear and don't be afraid of no.  This is the time for you to learn how to call and sell, cuz that's what it's probably going to take in today's market.  Differentiate yourself.  No other new graduates are calling business leaders... maybe that's why you deserve the job.
Point 9: Don't waste time on irrelevant stuff. Such as reading this article.   Proper business guys don't go to conferences and start up meets and read entrepreneur books. They just get on with it. You've either got it or you haven't.   I should have given up at the point he said you need to train your sales staff properly. Em, How about hiring the correct sales person to start with who already knows their stuff and doesn't need training? That'll gain you hundreds of thousands of dollars in sales instantly.   Written by a twenty something blogger who knows f*** all about doing business properly.
I still don't understand. What's your exact role in all this? Do you own a plot of land that you want to sell them? Or are you just a bystander with an idea that you'd like to share? Or do you want to open a hotel yourself but need their help?
Your posts can be a new weekly deal. Showing a new job you did. Or maybe tricks that people can do themselves. While it seems that would be counter productive to business. When someone sees you as not trying to just sell something, they trust you more. 5 - Submit your site to the major search engines (google it). 6 - Post your company on local business pages. yelp, google, and others you have. Lots of people use this. Also after every job ask them to post a review on yelp and those other sites with a positive review. That might be the biggest helping factor. 7 - If you are in an older town just get a basic add in the yellow pages. Its not hard and very helpful. 8 - Go to your local fair events and do free contests. Like a free hours worth of drainage services. This can help you get a good rep from customers. As your company is going to live and die by word of mouth. Your skills are not going to cost him much of anything except time and it will in the long run give a great rep. 9 - You can try mail flyers which at times can have some success but that depends on if you have an older clientele or not in your area. Same goes for getting in the yellow pages. I personally am against it as most of the time these companies are scams trying to make an extra buck on you. 10 - Call local organizations that might need you. Boy scouts, girl scouts, ymca, and other programs. See if you can place a set of business cards at the counter at these places. This should help. This also goes for local business. Auto shops and other small business tend to help each other when it comes to things like this. Anyways i typed way too much, but there is a great way to help.
Disclaimer: I am not a tax specialist You probably need a sales tax permit if you're going to sell goods, since just about every state taxes goods, though some states have exemptions for various types of goods.  For services, it gets tricker. There is a database here that lists what services are taxed in what states; in Wyoming, for example, cellphone services and diaper services are taxed, while insurance services and barber services are not.  For selling over the internet, it gets even dicier. There's a guide on nolo.com that claims to be comprehensive; it states that the default rule of thumb is that if you have a physical presence in a state, such as a warehouse or a retail shop or an office, you must collect tax on sales in that state. Given your situation, you probably only need to collect sales tax on customers in Wyoming. Probably.  In any event, I'd advice having a chat with an accountant in Wyoming who can help walk you through what permits may or may not be needed.
Agreed. An easy way to practice selling is by joining a direct sales company. Just make sure they are legitimate and require no money to start. It gives you a product to sell (even if its from a catalog) and many times they have online resources that help train you.    Sales is a mental game imo. Getting past personal barriers and facing fears is a major huddle in sales.
Why should I give you a single minute of my time?  Until you can answer that question, it doesn't matter *how* you go about reaching them.    You have to look at it like  sales situation.  Unless you can demonstrate value to them within the first couple of sentences, you won't be given the time of day.  These guys get pitched all day long -whether it's their employees, investors, people looking for investments or people looking for a mentor.  I'd suggest looking locally first.  Go to a couple business association meetings in your area (a lot of them are free or cost under $50).  These meetings almost always have time for networking, but you'll only get out of it what you put into it.
&gt; at the very least you should talk to the current owners   This is the best advice. You're not going to come up with a plan the current owners believe in, nor one that will actually succeed, without getting all the info you can.  They're in a tailspin already; you're not going to harm your negotiating position by letting them know you're interested.
ok, former background is in b2b sales. mostly tech related.  if it was me personally, I'd focus as much (if not more) on making as many friends as you can in the logistics / transport world. Tech or executives.   Buy them coffees. Ask for their opinion. Make friends. Make friends with their friends. Get into as many industry / trade events and ask what people think. follow up with them regularly. Just get to know as many people as possible that might be interested in what you do and get interested in what they do.  Marketing is awesome, but IMHO friends can get you further. Especially in a smaller industry. Get a few on a really solid beta, get some friends loving it, then marketing is much easier...  an other thing to consider is selling the service through a company that already has a lot of those relationships in place. So instead of trying to run your own marketing / advertising campaign, you pay out a commission to some company that already has salespeople and relationships in almost every business. An example is a company called EFI (http://w3.efi.com/) they make really good graphics controllers for high end graphic arts printers (like you'd find in a print shop). But they try to sell to print shops directly, instead they focus most of their marketing on having the salespeople at Xerox, Ricoh, Canon, Konica-Minolta, and other print-related companies sell their products for them / with their own products. Different than what you're doing but hopefully it's a parallel example.  Just an example. Hope it helps.