vania-janet/multiturn-rag-retrieval-data huggingface dataset:
&gt; Wu no longer competes actively. Instead, he has found his niche educating others on how to play and being a web personality at tournaments.  I actually think it's a sensible move for someone to get out of finance if they hate it and pursue a passion while they're in their early 20s. Chances are you won't strike it rich, but maybe it leads to something else, as it has for Wu. In the worst case he can go back to an office job with some good stories.
I am not sure where your numbers are coming from but I don't want you to be wrong. I am only giving like as I said previous my (non pro) advice. People are coming at me like i am Warren Buffet. I know what I have done and what I believe. Obviously all my eggs are not in one basket no one ( at least I hope) is that dumb. I strongly believe that Snap Chat and Walmart are a very strong buy for long term. I also think GoPro is a very good company to earn short-middle term income on. The fact you have made 30% returns is fucking awesome and congrats you obviously doing something right. I do although feel Snap is heavily underestimated for what they are doing and what they want to do. I am will admit i am a bit out of the box on all of it but I am willing to take that risk  with the amount of money I am willing to dump into to do so. I hope you keep rocking the returns you are! Make your money my friend!
It is easy to be a stock analyst.   #1.  Get a YouTube channel  #2.  Create a Twitter account  #3.  Every day make a video and tweet that the stock market crash is imminent  #4.  Hedge your prediction with a bullish long portfolio and lie to the public  #5. Watch viewership and following grow rapidly as you misinform the public
"You can't do this automatically; you want to understand whether the drop is from a short-term high. is likely to be a short-term low, or reflects an actual change in how folks expect the company to do in the future. Having said that, some people do favor a strategy which resembles this, betting on what are known as ""the dogs of the Dow"" in the assumption that they're well trusted but not as strongly sought and therefore perhaps not bid up as strongly. I have no opinion on it; I'm just mentioning it for comparison."
"I don't know sports or athletes, but: https://coed.com/2016/08/29/tim-duncan-net-worth-how-much-is-tim-duncan-worth-money-spurs-nba-contract/  Sounds like yes, exactly like Duncan did.  edit: ""From 2005 to 2013, Tim Duncan lost $20 million due to to bad investments suggested to him by his financial advisor, Charles Banks, which ended in a lawsuit.""  Okay, I see the reference, that's shitty that he lost 20m, but that's the nature of investing."
"I'd love to see how he thinks he can ""measure"" the financial world. You can only measure what you are allowed to see and Wall Street is only going to give you a certain percentage. The rest will throw your predictions way off, thus making this a fruitless endeavor. Welcome to the real world."
Before anyone feels bad for him, he had a really simple idea, had really smart people and a lot of investor money build a company which has never come close to making a cent in profit and leaves a multi-billionaire.   He could retire today, buy a house in New York, Paris, LA, and Hawaii and wake up every day and do what he wants and the interest alone will help him make money until the day he dies.
A Random Walk Down Wall Street Barbarians at the Gate Liar's Poker King of Capital The Big Short No need to even consider CFP or CFA if you don't have a degree/full time job that requires it. They are costly.
From Wikipedia: 'Bezos was one of the first shareholders in Google, when he invested $250,000 in 1998. That $250,000 investment resulted in 3.3 million shares of Google stock worth about $3.1 billion today.'  His wealth may be tied to amazon but he is a savvy investor. Recently, I was watching an early interview he did with Charlie Rose, and I read more about him - which led to reading the Wikipedia article.
Which is exactly what it was supposed to *not* do, but that seems to be the trend with Lewis's writing.    Buffett's biography (*The Snowball*) is great.  *The Black Swan* by Taleb is another good one and he's just put out a new one as well, which I haven't read.  Stiglitz's *Freefall*.
Google Peter schiff 2006 housing bubble youtube.  You may not even like the guy, but he was right all along--way before it happened.  (takes about 1 hour or something).  Another of the many guys that saw the bubble way before anyone and profited from it is called Kyle Bass.  I would seriously recommend everybody that sees this post to watch all his videos.    I take this guys seriously.  They have been warning about the crisis for a long time.  The media, on the other hand, will advise you to buy Facebook or something.
**Those that remain:**  **CEO** | **Company** ---------|---------- Paul Atkins | Patomak Global Partners (former SEC chairman) Mary Barra | General Motors Toby Cosgrove | Cleveland Clinic Larry Fink | BlackRock Rich Lesser | BCG Doug McMillon | Wal-Mart Jim McNerney | formerly of Boeing Indra Nooyi | Pepsi Adebayo “Bayo” Ogunlesi | Global Infrastructure Partners Ginni Rometty | IBM Stephen Schwarzman | Blackstone Kevin Warsh | Hoover Institute Mark Weinberger | EY Jack Welch | formerly of GE Daniel Yergin | Vice Chairman of IHS Markit Andrew Liveris | Dow Chemical Bill Brown | Harris Corp Michael Dell | Dell Technologies John Ferriola | Nucor Corporation Jeff Fettig | Whirlpool Mark Fields | formerly of Ford Motor Alex Gorsky | Johnson &amp; Johnson Greg Hayes | United Technologies Marillyn Hewson | Lockheed Martin Jeff Immelt | GE Jim Kamsickas | Dana Inc Klaus Kleinfeld | formerly Arconic Brian Krzanich | Intel Rich Kyle | The Timken Company Thea Lee | AFL-CIO (deputy chief of staff) Mario Longhi | US Steel Denise Morrison | Campbell Soup Dennis Muilenburg | Boeing Doug Oberhelman | formerly, Caterpillar Scott Paul | Alliance for American Manufacturing Michael Polk | Newell Brands Mark Sutton | International Paper Inge Thulin | 3M Richard Tumka | AFL-CIO Wendell Weeks | Corning  &amp;nbsp;   **Those that Left:**  **CEO** | **Company** | **Date** | **Reason** ---------|----------|----------|---------- Travis Kalanick | Uber | 2/2/17 | Travel ban Bob Iger | Disney | 6/1/17 | Paris Agreement withdrawal Elon Musk | Tesla, SpaceX | 6/1/17 | Paris Agreement withdrawal Ken Frazier | Merck | 8/14/17 | Charlottesville incident Kevin Plank | Under Armour | 8/14/17 | Charlottesville incident
I'll add Robert Shiller's [Irrational Exuberance](https://en.wikipedia.org/wiki/Irrational_Exuberance_(book) too, to summarize the recent era of Wall Street booms and busts.   The best books I've ever read on finance are [Nassim Taleb](https://en.wikipedia.org/wiki/Nassim_Nicholas_Taleb)'s. But they're mostly about his own analysis of financial phenomena, and they approach financial history mostly from that highly unique viewpoint.
I've found Pragmatic Capitalism very helpful.
Critiques of one of the best businessmen of our time by an op ed writer probably mixing cat food with tuna in a shitty studio apartment nightly for dinner.  Say what you will, he was goddamned good at the business aspect of things.   World visionary or any of that other horseshit?  no.   Deserving of candles and all the other goofy shit that society did?  Hell no.  A damned solid businessman?  Yes.
&gt;This problem could be fixed by having fewer MBAs leading companies, and more engineers and scientists.  This is funny. There's only 1 MBA on that list, but he also attended the School of Engineering at Duke University
In One Up on Wall Street, Peter Lynch suggested that there are six major aspects to choosing growth stocks:
Bitcoin... up 100% in 2016, already 300% Q1,Q2 2017.  Has gone up 100x in the last 5 years, and conservative projections have it going up 50x next 10.  Not only is it not vulnerable to the instability in the world, it feeds on it.  Top investors include Marc Andreessen, Blythe Masters, and David Rutter, and just about every financial institution has at least wet their beak on it if not taken sizable positions.
Currently reading Peter Thiel's *Zero to One*, and he discusses just that. He knew the bubble was about to burst so he got as much investment as quickly as he could for Pay Pal. $100 million dollars raised the month before the bubble burst, according to him.
He's an investor, not an economist, and he's making a common error of not considering the political rich separately from the economic rich.   The economic rich make the world a better place by creating goods and services people are willing to pay for.   The political rich use government to stack the deck in their favor and collect revenue without providing comparably valuable good or services in return.
Keep it simple, three fund portfolio...  Just because you have a lot of money doesn't mean you have to consult an advisor.  Post your situation to boggleheads forum.  And yes, don't get a mortgage if you can afford to pay in cash.
Does Coke count as one of his operating businesses though?  He's the biggest shareholder but wikipedia says it's around 26%.  There are some other huge cash cows in there as well; BNSF Railroad's earnings were like $3.5 billion last year, and Berkshire own 100% of the business.
...a marketing guy who as a teenager invented a color cathode ray tube design that almost beat Sony to a patent on the Trinitron display. He also did a pretty good job foreseeing the mobile &amp; Internet revolution (in hindsight it doesn't seem impressive, but when you compare to what most other tech CEO's were thinking at the time, he was way ahead of most of them).  These notions we get about people we've never met....
&gt; “The economy, as measured by gross domestic product, can be expected to grow at an annual rate of about 3 percent over the long term, and inflation of 2 percent would push nominal GDP growth to 5 percent, Buffett said. Stocks will probably rise at about that rate and dividend payments will boost total returns to 6 percent to 7 percent, he said.”  [Warren Buffett](https://www.csmonitor.com/Business/The-Simple-Dollar/2013/0506/What-Warren-Buffett-s-stock-market-math-means-for-your-retirement)  This isn't the whole picture, but it's a start.
&gt;Warren Buffet (although his son seems to be very competent and grounded, to some degree).   Warren buffet is not being succeeded as CEO by his son. One son is a sheriff in Illinois and the other is an artist. Jain or Abel at Berkshire are most likely to take over when he passes the torch.
TK didnt lose investor tens of billions of dollars. Also, for the past several years the whole market rewards growth over earnings, so that helped guys like Musk and Kalanick quite a lot and to a lessor degree, Bezos and Reddings.       For all assets, investor profits come from either earnings or valuation growth and Kalanick provided quite a bit of the latter.
Pretty sure every book had a human penning it, excluding possible recent advancements in AI.   Well I'm pretty sure their are some persuasive philosophers that have a long historical reach and are a very relevant today. Aristotle comes to mind.
There's an interview with Andrew Lo on the WSJ that's worth a listen. One idea he touched on briefly is how the rise of index funds may be creating an investor monoculture. If this is the case, then he thinks it could lead to more market volatility. Interesting stuff.  http://www.wsj.com/podcasts/andrew-w-lo-talks-how-to-evolve-with-adaptive-markets/4B141ED2-23EA-409E-BFEE-96791EEB473E.html
A lot of people probably don't agree with him, but Warren Buffett has some great quotes on why he doesn't invest in gold: I will say this about gold. If you took all the gold in the world, it   would roughly make a cube 67 feet on a side…Now for that same cube of   gold, it would be worth at today’s market prices about $7 trillion   dollars – that’s probably about a third of the value of all the stocks   in the United States…For $7 trillion dollars…you could have all the   farmland in the United States, you could have about seven Exxon   Mobils, and you could have a trillion dollars of walking-around   money…And if you offered me the choice of looking at some 67 foot cube   of gold and looking at it all day, and you know me touching it and   fondling it occasionally…Call me crazy, but I’ll take the farmland and   the Exxon Mobils. And his classic quote: [Gold] gets dug out of the ground in Africa, or someplace. Then we   melt it down, dig another hole, bury it again and pay people to stand   around guarding it. It has no utility. Anyone watching from Mars would   be scratching their head.
"there's a planet money podcast interview with him from a few years back that gives a good glimpse into the framework of his economic thoughts worth checking out.  he also wrote a book caller ""fault lines"" that is definitely worth the read."
He was financially free in the 90s. Made his Cash flow game and first book while in retirement. Before the 90s his business was the surfer wallets in Hawaii. Now, it is true that this information is based off of his word, but since he is being accused of fraud, I think the accusers have the burden of proof.
* [Simha Magal - Essentials of Business Information Systems](http://www.amazon.com/Essentials-Business-Processes-Information-Systems/dp/0470230592/ref=sr_1_1?s=books&amp;ie=UTF8&amp;qid=1339143850&amp;sr=1-1) * [Douglas Hubbard - How To Measure Anything](http://www.amazon.com/How-Measure-Anything-Intangibles-Business/dp/0470539399/ref=sr_1_5?s=books&amp;ie=UTF8&amp;qid=1339143959&amp;sr=1-5) * [Brian Larson - Delivering Business Intelligence with SQL Server 2008](http://www.amazon.com/Delivering-Business-Intelligence-Microsoft-Server/dp/0071549447/ref=sr_1_1?s=books&amp;ie=UTF8&amp;qid=1339153129&amp;sr=1-1) Almost forgot the most important one: [Business Analysis Body of Knowledge Guide (BABOK)](http://www.amazon.com/Guide-Business-Analysis-Knowledge%C2%AE-BABOK%C2%AE/dp/0981129218/ref=sr_1_1?s=books&amp;ie=UTF8&amp;qid=1339159329&amp;sr=1-1)
Not to overkill the theres a few more I can think of right now
Institutional investors are not just rich guys they are rich guys managing money wherever it is left. Banks, retirement funds, hedge funds, pension funds, the social security fund (though they only invest in the US government)  Edit: the pension fun is idle capital looking to bring in returns.
Bill gates is founder of microsoft along with his friend allen.in microsoft as its vast empire increasing the wealth and enormous property of bill gates is increasing
&gt; When you consider how many successful business men and women, who never finished college, the stories of experience beating out education in hiring    Yes, the Bill Gateses and Mark Zuckerbergs of the world will get the spotlight for beating the odds. Even in Bill's day, those odds weren't that hard to beat. But in today's economy, you *really* don't want to play the odds with the exception of maybe trades jobs that don't require degrees.
And oh yeah, #1 on that list serves in the Obama Administration.  Jeffrey Immelt serves on Obama's Economic Recovery Advisory Board, a group of corporatists who advise the government on how to make the working class pay for the consequences of the economic crisis caused by Wall St.
You could say the same thing but replace money with pacman and it would be true for the guys who are really good at pacman.   Making money can be no different than any other hobby. The only difference is that you can engage in direct exchange after the fact instead of barter exchange.   But make no mistake enjoying it does not make warren any more insane than the pacman guys (or more seriously most academics).
He seems like a bright guy, but let's not forget he doesn't pay enough taxes, and if the government had access to that capital that this guy is clearly withholding by not paying his fair share, they would engage in more productive ventures.
OK ok. I am going to guess here LIVE and find out about Ms Myers...Did she go to Harvard? Did her parents go to Harvard? Was she connected into her job?  NO! It seems not. Although she graduated in 1999 from Stanford and now is worth $430 million. Not a bad decade and a half!
Cryptocurrencies like Bitcoin or Ethereum. Then check their prices daily. With daily price swings of over 10% (both up and down) being a common occurrence, you'll quickly learn how high your risk tolerance really is. :) A lot of IT people believe that cryptocurrencies will stay. Whether Bitcoin or Ethereum will be among them is anyone's guess. Compare to the Dotcom boom, which will be Amazon.com and which will be Pets.com?
Do we have a list of all of their predictions? Because 1. I predicted the last crash, whoop di doo 2. By default, on a planet of 7.3 billion, there will always be SOMEONE who predicts something right.  I've been reading about 'the person that nailed the last one predicting collapse tomorrow' since sometime in 2011...all those fuckers were wrong.
I would be curious how he balanced having two female life partners at once. Not sure I would ask that at the shareholder meeting though ;)
"http://www.attaincapital.com/alternative-investment-education/managed-futures-newsletter/investment-research-analysis/423  http://www.cta-info.com/cta_stats.htm  I just googled ""managed futures stats"".    I'm not 100% sure what your goal is, but I wouldn't look to filter out trades.  You're better off grading returns and variance within the returns.  http://www.autumngold.com/  Poke around the ""top traders"" section and compare the returns with the drawdown of the traders.  You'll see the ""lucky"" traders, but you'll also see the high risk guys and low risk guys."
The drawback is not knowing when prices have reached a level where you are comfortable getting back in.   Someone who got out at S&P 1500 before the crash of '08 was very happy. But did they get back in at 666 or just watch the market come back 3X from that level? The S&P returned 10.46% from Jan '87 till Dec '14. I wonder how many traders got in and out just right to beat that number? Bottom line is that even the pro's acknowledge that timing the market is basically impossible, so why try?
This image is an advertisement from this week's Barron's. The broker would want to put himself in the best light, correct?  This shows you that of their current accounts, 53.5% are not profitable. And these guys have the best track record of the list. Also keep in mind that their client base isn't random. The winners tend to stay, so even if it were 50/50, the 50% of losers might represent many times that number of people who came to the table, lost their money and left.
The Telegraph had an interesting article recently going back 30 years for Mutual's in the UK that had beaten the market and trackers for both IT and UT  http://www.telegraph.co.uk/finance/personalfinance/investing/11489789/The-funds-that-have-returned-more-than-12pc-per-year-for-THIRTY-years.html
"Perhaps they all started betting on a downturn too early? Much of the whispers I've been hearing for the last year from ""smart money"" people have been about being at a peak. Peak of what, they can't tell you. But i dunno because negative 7 percent when your benchmark is up 10 must be not fun to report"
Center for Research in Security Prices would be my suggestion for where to go for US stock price history. Major Asset Classes 1926 - 2011 - JVL Associates, LLC has a PDF with some of the classes you list from the data dating back as far as 1926. There is also the averages stated on a Bogleheads article that has some reference links that may also be useful. Four Pillars of Investing's Chapter 1 also has some historical return information in it that may be of help.
"Clearly you aren't in trading. While that is the case for IBanking, I personally work with numerous very successful traders who ""underperformed their peers"" and I'm not doing so bad myself either.   Having a good GPA has almost no correlation with being a good trader. Honestly, from the interviews I've given I've found that the kids with the extremely high GPA's 4.0, were less suited for the profession."
It cooled off again in 06-07 but only to about $600/oz, and then in late 07 it steadily climbed to peak at $1000/oz; even if you got in late, an investment of $1000 in July '07 in ""bulk"" gold would have netted you $650 in one year; that's a 65% APY. Then the economy hit bottom and a lot of investors ditched gold for investments they thought would pull back out of their holes quickly; For just a little while in '08 gold was down to $700 again. Then came all the government reports; unemployment not budging, home prices still declining, a lot of banks still hiding just how bad their position was. If you had seen that it was going to be bad, bad, bad, like a lot of now-billionaire hedge fund investors did, a $1000 investment in gold in July 05, and then cashing out at the tops of the peaks and buying back in at the major troughs, would be worth almost $4000 today. That's a 400% return over 7 years, or an annual average yield of 57%. There simply hasn't been anything like that in the last 7 years."
I have asked myself this exact same question many times. The analysis would be simple if you invested all your money in a single day, but I did not and therefore I would need to convert your cash transactions into Index fund buys/sells. I got tired of trying to do this using Yahoo's data and excel so I built a website in my spare time. I humbly suggest you try my website out in the hopes that it helps you perform this computation: http://www.amibeatingthemarket.com/
"You are not smart.   The average person works more than 25 years. And because it's an average earnings increase, OF COURSE EVERYONE DOESN'T REACH IT. By the way, the greatest predictor of a person not reaching it is that person getting a liberal arts degree. And since you seem to want to do baseless math, I'll let you go ahead and decide how much the other 10% has to make in order for it to be true.   The point is that if you go to college, particularly to get a more valuable degree, you are making an astoundingly good investment. Are there exceptions? Absolutely. There are always exceptions. That doesn't disprove the facts.   Go look at the actual statistics by major or career. Don't bring this, ""I'll bet"" nonsense into the argument as if it proves anything."
I just looked through 40+ random funds on barclayhedge.com's database, and it's about evenly split between 2/20, 1.5/20 and 1/20, with a slight majority at 1.5/20, and 2/20 slightly ahead of 1/20.  Others are at various rates like 0/10 and 2.5/20. I was very surprised to see Renaissance funds at just .35/10.  I believe his Medallion Fund was at 5/36.  James Simons is quite the quant.  Nothing is too expensive if it's actually worth the price, but most hedge funds are no better than mutual funds.  The only real advantage to hedge funds is the wider risk profile.
Yeah, that's what I do, just buy the indices and forget it. My portfolio is so boring it's elegant, and makes money too.  4.5% YTD and 5.9% in 2016, not bad for a 30/70 stock bond split for this 70-year-old. Oh, did I tell you my costs are .06%! I am enjoying the freedom of my retirement.
They wouldn't be lucrative for investors without the leverage.  Their strategies only work for the AUM they are at.  Let's say they deleveraged.  That 20-50% YOY would become 5-12.5%.  Not exactly sexy for investors.  They actually have other funds open to investors that are attracted to the Renaissance Tech brand.  The more the partners' money is in the Medallion fund, the more they stand to gain.  They are already billionaires.  That kind of percentage gains on the money they have already is very lucrative.