vania-janet/multiturn-rag-retrieval-data huggingface dataset:
The share price quickly increased 1000% after the opening of trading, to a high of $97. Selling pressure from institutional flipping eventually drove the stock back down, and it closed the day at $63. Although the company did raise about $30 million from the offering it is estimated that with the level of demand for the offering and the volume of trading that took place the company might have left upwards of $200 million on the table. The danger of overpricing is also an important consideration. If a stock is offered to the public at a higher price than the market will pay, the underwriters may have trouble meeting their commitments to sell shares. Even if they sell all of the issued shares, the stock may fall in value on the first day of trading. If so, the stock may lose its marketability and hence even more of its value. This could result in losses for investors, many of whom being the most favored clients of the underwriters. Perhaps the best known example of this is the Facebook IPO in 2012. Underwriters, therefore, take many factors into consideration when pricing an IPO, and attempt to reach an offering price that is low enough to stimulate interest in the stock, but high enough to raise an adequate amount of capital for the company. The process of determining an optimal price usually involves the underwriters (""syndicate"") arranging share purchase commitments from leading institutional investors. Some researchers (e.g. Geoffrey C., and C. Swift, 2009) believe that the underpricing of IPOs is less a deliberate act on the part of issuers and/or underwriters, than the result of an over-reaction on the part of investors (Friesen & Swift, 2009). One potential method for determining underpricing is through the use of IPO Underpricing Algorithms. This may be useful for seeing the difference in that ""theglobe.com"" example where the offering price is $9/share yet the stock traded much higher than that initially."
The worst thing about Wholesale Deals UK is that they won’t get back to you in time and their excuses are ridiculous. The suppliers listed there are equally arrogant. I hate how some brainy conmen use internet to trap people. I am rather stunned to see how low someone can get to make money. Business dealings work on fair rules and if the bridging body is so wicked, what good further contacts can do to you?
If anything special situations/value will be the most profitable strategy going forward. You can take advantage of quant funds reliance on probability and correlation and inability to do real price discovery. An idiosyncratic corporate event (i.e CEO's sudden retirement) that happens to google would lead to quant funds selling off Amazon, giving you a great opportunity to buy the unwarranted dip.
"This answer is to supplement the answers about what CD laddering is and what its benefits are. I'm going to talk about its risks. CD ladders are subject to risk. They are not subject to very much credit risk and investment risk (they're federally insured! Barring the dissolution of the United States government as we know it, you will get all your money back!). However, they are subject to inflation risk and a little bit of interest rate risk. A CD is basically a promise for a certain amount of money after a certain amount of time. Inflation risk happens when there's inflation and the money that you've been promised isn't worth as much anymore, because everything's gotten more expensive. Interest rate risk happens when you buy a CD in a very low interest rate environment (like, oh, the year 2010) and rates subsequently rise. You might have been somewhat better off waiting for rates to rise before buying the CD. (Also, if you were to try and re-sell it, you would get an inferior price - enough to make up for the interest rate difference.) Note that interest rates tend to rise if there is a significant amount of inflation, so these two risks go together. Interest rate risk and inflation risk are higher for longer-term CDs (at least right now) because there's more opportunity for inflation and interest rates to rise. 2010 has been marked by the extraordinarily low interest rate environment which prevails, and the Federal Reserve has announced that it is trying to bring about a higher rate of inflation (you may have heard something about a ""second round of quantitative easing""). A quick look at interest rates show that 2-5 year CDs yield about 1.50% these days. You could, alternatively, get a savings account that yields 1.4%, preserves your liquidity, and will raise the rate it pays you on savings in the event that inflation and interest rates rise (or, if they don't raise it, you can move the account, unlike a CD). In summary, as of right now (October 2010), fixed-income investments like CDs don't pay you very much and have elevated levels of risk, especially for long-term investment. This is one of the worst times possible to invest in a CD ladder."
Mr. Champion says he only trades tranches based on standardized CDS indexes, which he says are easier to buy and sell than more tailored products. Currently, he sees value in selling default protection on super-senior tranches. Mr. Champion said he has to lay down only around $1 million in upfront margin costs on a $100 million trade of this kind. “The cost of leverage in the derivatives space is very low,” he said. Any expectations of default rates picking up could inflict losses on synthetic CDOs, though at the moment analysts forecast they should decline. Still, the memory of how the market behaved in the immediate aftermath of the financial crisis is likely to keep many investors on the sidelines. “If you’re the person responsible for buying the synthetic CDO that suddenly goes wrong, your career risk is bigger than if you’d bought a plain vanilla bond that goes wrong. It has a bad name,” said Ulf Erlandsson, a portfolio manager at start-up hedge fund Glacier Impact, who until recently oversaw credit for one of Sweden’s public pension funds.
"Cart's answer describes well one aspects of puts: protective puts; which means using puts as insurance against a decline in the price of shares that you own. That's a popular use of puts. But I think the wording of your question is angling for another strategy: Writing puts. Consider: Cart's strategy refers to the buyer of a put. But, on the transaction's other side is a seller of the put – and ultimately somebody created or wrote that put contract in the first place! That first seller of the put – that is, the seller that isn't just selling one they themselves bought – is the put writer. When you write a put, you are taking on the obligation to buy the other side's stock at the put exercise price if the stock price falls below that exercise price by the expiry date. For taking on the obligation, you receive a premium, like how an insurance company charges a premium to insure against a loss. Example: Imagine ABC Co. stock is trading at $25.00. You write a put contract agreeing to buy 100 shares of ABC at $20.00 per share (the exercise price) by a given expiration date. Say you receive $2.00/share premium from the put buyer. You now have the obligation to purchase the shares from the put buyer in the event they are below $20.00 per share when the option expires – or, technically any time before then, if the buyer chooses to exercise the option early. Assuming no early assignment, one of two things will happen at the option expiration date: ABC trades at or above $20.00 per share. In this case, the put option will expire worthless in the hands of the put buyer. You will have pocketed the $200 and be absolved from your obligation. This case, where ABC trades above the exercise price, is the maximum profit potential. ABC trades below $20.00 per share. In this case, the put option will be assigned and you'll need to fork over $2000 to the put buyer in exchange for his 100 ABC shares.
"This is the best tl;dr I could make, [original](http://www.yalelawjournal.org/note/amazons-antitrust-paradox) reduced by 100%. (I'm a bot) ***** &gt; Amazon&amp;#039;s closest encounter with antitrust authorities was when the Justice Department sued other companies for teaming up against Amazon.  &gt; The political risks associated with Amazon&amp;#039;s market dominance also implicate some of the major concerns that animate antitrust laws.  &gt; D. Amazon Marketplace and Exploiting Data As described above, vertical integration in retail and physical delivery may enable Amazon to leverage cross-sector advantages in ways that are potentially anticompetitive but not understood as such under current antitrust doctrine.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/6xhut2/amazons_antitrust_paradox/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~202701 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **Amazon**^#1 **price**^#2 **market**^#3 **platform**^#4 **business**^#5"
"This type of structured product is called a capital protection product.  It's like an insurance product - where you give up some upside for protection against losses in certain cases.   From the bank's perspective they take your investment, treat it as an ""interest-free loan"" and buy derivatives (like options) that give them an expected return greater then  They make their money: With this product, you are giving up some potential upside in order to protect against losses (other than catastrophic losses if the lower index drops by 50% or more).   What's the catch? There's not really a catch. It's a lot like insurance, you might come out ahead (e.g. if the market goes down less than 50%), but you might also give up some upside.  The bank will sell enough of these in various flavors to reduce their risk overall (losses in your product will be covered by gains in another). Note that this product won't necessarily sell for $1,000. You might have to pay $1,100 (or $1,005, or whatever the bank can get people to buy them for) for each note whenever it's released.  That's where the gain or loss comes into play.  If you pay $1,100 but only get $1,000 back because the index didn't go up (or went down) you'd have a net loss of $100. It's subtle, but it is in the prospectus: The estimated value of the notes is only an estimate determined by reference to several factors.  The original issue price of the notes will    exceed the estimated value of the notes because costs associated with selling, structuring and hedging the notes are included in the original issue price of the notes.  These costs include the selling commissions, the projected profits, if any, that our affiliates expect to realize for assuming risks inherent in hedging our obligations under the notes and the estimated cost of hedging our obligations under the notes."
"This is the best tl;dr I could make, [original](http://cep.lse.ac.uk/pubs/download/dp1503.pdf) reduced by 99%. (I'm a bot) ***** &gt; Alternative risk outcomes All risk outcomes capture ex-post risk realizations rather than ex- ante risks.  &gt; 4.8 1.2 1.6 Figure 2: Positive Correlation Tests - Dynamics t+1 t+2 t+3 t+4 t+5 t+6 Displacement Probability in Year t+k t+7 t+8 Notes: Risk realization in t + 1 may fail to fully capture the unemployment risk faced by an individual as she is making her coverage choice at time t, which justifies using risk realizations for that individual further into the future.  &gt; 05 Individual-level model &amp;beta;OLS =.082 &amp;beta;2SLS =.245 0.05.1.15 Firm Displacement Risk in t.2 Notes: The Figure uses cross-sectional variation in displacement risk across firms as a risk shifter to estimate how UI coverage choices react to variation in risk that is not driven by individual moral hazard.   ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/76t73y/lse_riskbased_selection_in_unemployment_insurance/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ ""Version 1.65, ~229382 tl;drs so far."") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr ""PM's and comments are monitored, constructive feedback is welcome."") | *Top* *keywords*: **risk**^#1 **coverage**^#2 **individual**^#3 **work**^#4 **selection**^#5"
"The sentence is mathematically wrong and verbally unclear. Mathematically, you calculate the downwards percentage by So, it should be Verbally, the reporter should have written ""The stock is down by 25%"", not ""down by -25%""."
"These policies are usually called dread disease policies or critical illness insurance, and they normally aren't a good deal. Furthermore, with the passage of the Affordable Care Act, such policies may become less common or disappear entirely. These policies aren't a great deal because of the effects of adverse selection and asymmetric information, two closely related concepts in the economics of insurance. When you purchase an insurance policy, the insurance company charges you a premium based on your average risk level or the average risk level of your risk pool, e.g. you and your fellow employees, if you get insurance through your employer. For health insurance, this average risk level is the average probability that you'll incur healthcare costs. The insurer's actuaries calculate this probability from numerous factors, like your age, sex, current health, socioeconomic status, etc. Asymmetric information exists when you know more about this probability than the insurance company does. For example, you may look like a relatively low-risk individual on paper, but little does the insurance company know, BASE jumping is one of your hobbies. Because you know about your hobby and the insurance company doesn't, you secretly know that your risk of incurring healthcare expenses is much higher than the insurance company expects. If the insurance company knew this, they would like to charge you a much higher premium, if they could. However, they can't, because a) they don't know about your hobby, and b) the premium may be decided for the entire group/risk pool, so they can't increase it simply because a few individuals in the group have higher risk levels. Adverse selection occurs when individuals with higher risk levels are more likely to buy insurance. You may decide that because of your dangerous hobby, you do want to take advantage of your employer's healthcare plan. Unfortunately for the insurance company, they can't adjust their price accordingly. Adverse selection is a major factor in insurance markets, so I didn't go into much detail here (too much detail is probably off-topic anyway). I can point you towards more resources on the topic if you're interested. However, the situation is different when you purchase a dread disease policy.
Adding on to all the fine answers, you can consider selling a covered call. You will have to own a minimum of 100 shares. It will offer a bit of protection, but limit your upside. If your confident long term, but expect a broader market pull back then a covered call might give you that small protection your looking for.
I thought that was strange too.  BoA is infested with criminals.  They wouldn't know a sustainable business model if it bit them in the ass, and they are losing all of their customers because of it.  As they fall, everyone at the top is going to suck from the company everything that they think they are entitled to, and the expense is going to fall on the shareholders.  Maybe he was predicting a pity purchase, or a bailout, but there is no way that he thought that this was a good long term move.  Very uncharacteristic.
I've created covered calls on the purchase of a stock or after holding a while depending on the stock. Here's the one I have now: MU 1000 shares bought at $8700, sold the $7.50 call (jan12) for $3000. Now, this means my cost is $5700, but I have to let it go for $7500, a 32% return if called. (This was bought in mid 2010, BTW.) On the flip side, a drop of up to 35% over the time will still keep me at break even. The call seemed overpriced when I sold it. Stock is still at $7.20, so I'm close to maximum gain. This whole deal was less risky than just owning one risky stock. I just wrote a post on this trade Micron Covered Call, using today's numbers for those actually looking to understand this as new position. (The article was updated after the expiration. The trade resulted in a 42% profit after 491 days of holding the position, with the stock called away.) On the other hand, buying calls, lots of them, during the tech bubble was the best and worst thing I did. One set of trades' value increased by a factor of 50, and in a few weeks blew up on me, ended at 'only' triple. I left the bubble much better off than I went in, but the peak was beautiful, I'd give my little toe to have stayed right there. From 99Q2 to 00Q2, net worth was up by 3X our gross salary. Half of that (i.e. 1.5X) was gone after the crash. For many, they left the bubble far far worse than before it started. I purposely set things up so no more than a certain amount was at risk at any given time, knowing a burst would come, just not when. If nothing else, it was a learning experience.
You should not buy soley for the dividend. The price of BHP is going down for a reason. If you hold until the full years dividend is paid you will make 11% (which is $110 if you bought $1000 worth of shares), but if the share price keeps dropping, you might lose 50% on the stock. So you make $110 on dividends but lose $500 on stock price drop. A perfect way to lose money.
I remember in the 90's when Best Buy sold CDs for lower prices than any other vendor. That was the only reason I ever shopped with them. Should've kept that theme up of 'lower prices on everything NSA', and maybe not treated their customers badly.
"HFTs, that serve no purpose other than to make themselves money, pay a premium to the enthusiastically complicit exchanges for the privilege of scalping those that do not. Their profits are not the result  of any ""growth"" or ""service rendered"". Their profits are the result of a completely unnecessary tax on the system that amounts to theft out of the pockets of regular investors. Which part did I get wrong?  I'm just a guy with a considerable portion of my retirement in an employer 401k, who's not thrilled about losing *any* compounding interest to these parasites. I'm not shilling for anybody. On the other hand, one has to wonder what has guys like you so upset about IEX."
The paper is appealing to its readership to consider the profit and loss generated by Starbucks in UK operations as independent of other operations in other countries. Starbucks was profitable in the UK, but they offset these profits with investments in other overseas operations (not UK), to lower their tax rate in the UK. To the Guardian this seems unfair, even though UK law permits this. Seems like there is some case to be made for considering a change in the law.
If they're hiding their profits from the government, what makes you think they wouldn't hide their profits from their shareholders?
I dont know if this data is available for the 1980s, but this response to an old question of mine discusses how you can pull stock related information from google or yahoo finance over a certain period of time. You could do this in excel or google spreadsheet and see if you could get the data you're looking for.  Quote from old post: Google Docs spreadsheets have a   function for filling in stock and fund   prices. You can use that data to graph (fund1   / fund2) over some time period.
"When structures recur at different scales, they're called ""fractals"", and there is something called the ""fractal markets hypothesis"" which attempts to analyse stock market movements as fractals and in terms of (related) chaos theory. Whether you can profit from it I have no idea.  If it was easy, everyone would be doing it.  Many of the non-academic pages linked in the search results (previous link) remind me of technical analysis/chartist stuff (which - to me - always seems to be a lot better at explaining things after the event than actually predicting things)."
"I switched to the buy side, here is some things you should do. First of all, you already had 6 interviews. I would say the HR people are going to be less helpful because its harder to differentiate yourself. If you are talking to an investment portfolio, and they ask you any of type of... What are you interested in? How did you get into this space? You better have multiple stock pitches lined up. For example, on the the first question I'm interested in IM because I was exposed at an early age by my parents. Although I didn't know what I was doing, I kept following (STOCK 1, you're first crack in the doorway). *more about your background stuff* In fact, STOCK 1 turned out to be one of my best/worst trades. I thought it was going here and it went there due to this and that and etc...*more info about stock 1* Now, I like to look at names such as STOCK 2-5 because they are show (this multiple or that yield or these moats, depending on who you are talking to). That is how you get a job through an informational interview. As for how you get an informational interview? Go run through linkedin. Sort for investment management. Any person you have a 2nd degree network or Group network is fair game. Just shoot your common friend an email (hey whats up, i saw you were friends with X, i'm really interested in his company can you put me in touch). Although the end person may never respond, the connection is like almost guaranteed to help (assuming you're a nice friendly person). Recruiting for IM is a full time job. Even other industries as well. My roommate graduated Haas Business Undergrad program (top 3 in the country) in TWO years (not 2 letters and science + 2 business, but 2 total years) at 19 years old, took him a full year of recruiting and paying his own way out to NY to meet people to land an banking job (due to similar circumstances, as he was fully out of school and wasn't in the normal rotation). What really concerns me is you keep saying ""analysis."
"you make many assumptions, they are incorrect.  our viewpoints regarding politics are probably pretty similar.  you'd know that if you looked at my post history.    everyone's post history is totally public!  it helps us understand who we're talking to.  it provides context.  it speaks to your validity and intentions.  if you regard it as ""peeping"" then you don't understand reddit.  speaking as someone who has been here a long time.  this sub is for *investors*.  people don't understand why you're not posting in a more relevant sub"
Look through the related questions.  Make sure you fund the max your tax advantaged retirement funds will take this year.  Use the 30k to backstop any shortfalls.  Invest the rest in a brokerage account. In and out of your tax advantaged accounts, try to invest in index funds.  Your feeling that paying someone to manage your investments might not be the best use is shared by many.  jlcollinsnh is a financial independence blogger.  He, and many others, recommend the Vanguard Total Stock Market Index Admiral Shares.  I have not heard of a lower expense ratio (0.05%). Search for financial independence and FIRE (Financial Independence Retire Early).  Use your windfall to set yourself on that road, and you will be less likely to sit where I am 25 years from now wishing you had done things differently. Edit:  Your attitude should be that the earliest money in your portfolio is in there the longest, and earns the most.  Starting with a big windfall puts you years ahead of where you'd normally be.  If you set your goal to retire at 40, that money will be worth significantly more in 20 years. (4x what you start with, assuming 7% average yearly return).
Hey, this kind of program/career seems to really fit my tastes. I tend to be interested in finances and business, etc., but I'm way too extroverted to be an analyst. Would you mind pming me about how you got to do what you're doing?