vania-janet/multiturn-rag-retrieval-data huggingface dataset:
"Have to side with the other guy here. You're stating the findings of a student run fund as fact. ""They're significantly overvalued"", for instance. And then there's comments like ""the capital structure is way to much debt"", which expose you as, well, not knowing what you're talking about. There's nothing wrong with being highly leveraged. In fact, it's necessary for companies like Tesla, in the industry they operate, to achieve growth and nail down the market."
The context actually was higher education and student debt load (which extends to cost). You can try to broaden it but the title of the thread, the linked article, the comment I replied to and my comments all reference higher education and costs. Once again, your comment is correct in a broader context, just not in the one we were in, at least not to all readers clearly.   You want to be right but what you need to accept is that you just flubbed your post (tbh I agree with you on most points here) and should likely add some more detail to your statements.
My buddy was recruited hard by McKinsey, and I use him as a reference point whenever someone asks (because they want him so badly).  Briefly, he's a physicist and we did grad school together in London (I in neuroscience).  He later went on to Cambridge to do a course called Part III, which some consider the hardest math course in the world (http://www.maths.cam.ac.uk/postgrad/mathiii/).  Afterward, he went on to do a PhD in theoretical particle physics, but went to a recruiting session just on a whim.  We talked about this at length.  McKinsey likes people who have extremely strong analytical and math skills, but not necessarily from a finance background.  They like this because you don't use most of what you learn in school with respect to economics or finance, but you do use lots of math, and you do use lots of logic.  Basically, they're looking for people that really good investors look for: people who are academic rockstars.  You do not need to transfer.  You should not, actually, because you're going into junior year and have a good GPA.  What you should do instead is try to do a Rhodes.  Plan for it now.  You can apply for a Marshall too.  And a Fulbright.  You want your resume to look like you're someone that shouldn't be ignored.
What schools have undergrad theses? Or is that just something you try to get into? I've been wanting to get into research my senior year but I don't think we have anyone in the finance program that does any undergrad reasearch. So I don't know if the opportunity to even exists.
If he actually just learned this today, there's a very good chance he is exactly a first year business student in his first/fall semester.  Edit: Since this topic is pretty much a nerdy business meme that everyone knows at this point, he may actually classify as one of today's 10,000.
Sherif El-Refai enrolled in the University Of Florida Hough Graduate School Of Business, where he plans to earn his Master of Business Administration. His course load concentrates on marketing and global management and competitive strategy. He also maintains membership in the American Society of Health-System Pharmacists.
Third year here, and let me echo what everybody below is saying: math, math, math.  That being said, most programs will give you a chance depending on your quant score from the gmat/gre. It had better be high though, low seven hundreds wont even garner a look from any school in the top 20 (and your quant should be higher than your verbal). From what it looks like from your background it sounds like the masters would be helpful (although a masters in econ wont be as much of a help as you think; finance is a sub field of econ, and so to justify our work we have to distinguish ourselves as much as we can...). My advice is use the masters to take probability theory, and statistics courses (or econometrics) and as many of them as you can.   My next advice is apply to as many schools as you can afford and stagger the applications across school rankings. Some of the foreign students in my program have told me that they sent out dozens of applications and that even 100 apps is not unusual. I call it the shotgun approach.  Third I will agree with some of the other comments in that you will need less math for corporate stuff and or behavioral/experimental stuff. BUT it is unlikely that any school will take that into consideration. I cant think of any other phd student that I have talked to, from many other programs, that don't have to take asset pricing and other theory courses. PhD programs start very generally and then you are allowed to specialize as time goes on.  Basically, expect this shit to be hard. Finance profs are some of the highest paid in academia, which means there is an insane amount of applicants for each spot. In my program we average 400 qualified applicants a year for a meager three spots. And many of the applicants will already have Phds in physics, math, or engineering (they get tired of making no money as a post doc, and decide to come for another one in finance where they can get paid). Not to discourage you at all, but revise your expectations.
If you know the VBA language for Excel and can use R well, then you can probably at least get an interview at a quant hedge fund. Add an understanding of how to invest/trade and you would be a pretty decent candidate straight out of undergrad.
Perhaps you haven't been following the news, but much of the protesting coming from young people around the world is in response to increasing tution costs. Montreal had a 30,000 person march just last week made up mostly of college students. I'd really love to know what countries you're referring to.
no u dont need to go to a top college and there's always hope. hell you'll even be able to break in even if your grades suck. find an area of finance that you're interested in, become as specific as possible, and get really, really good in that area. it isn't enough to say you're into finance. won't even be sufficient to say you're interested in trading. be as specific as possible - macro currency trading, emerging market rates volatility arbitrage, european credit - and then be the best young guy around in that area. then its just a matter of getting in front of people and getting noticed by the right people. good luck.
"I'm still very new to the world of finance. I'm learning about all of the derivatives and how money is made off of them, but it's crazy to me that everyone involved neglected the risk aspect of this. In hindsight, it's so easy to explain what was happening. I guess when everyone is making money hand over fist, it's easy to look the other way. Even the federal gov't played a tremendous role in the crash. Looking at that FRED graph is probably the easiest way to explain the ramifications of the crash.   I'm reading [All the Devils Are Here](https://www.amazon.com/All-Devils-Are-Here-Financial/dp/159184438X) right now that was recommended to me by my GF's father. It gives context to the crash in a digestible way, but isn't too dumbed down. I highly recommend it.  The man played for the USA on the ""Miracle"" team and then went on to become a successful bonds trader. I've learned more from my conversations with him than I think I'll ever learn in school. Dude is brilliant and can go for hours on anything finance related."
You just said a lot of stuff and provide no sources.  I'm not even British (American) and can say the British absolutely have things to offer.  They have some of the best universities in the world and are a highly educated, English speaking country. Not to mention, they will likely develop some trade deals with Canada, Australia, and New Zealand.  https://www.google.com/amp/business.financialpost.com/opinion/in-the-trump-era-the-plan-for-a-canadian-u-k-australia-new-zealand-trade-alliance-is-quickly-catching-on/wcm/28a0869b-dbab-4515-9149-d1e242b1ef20/amp
I don't but you sounded like a close minded Jesus loving teenage redneck couch-potato from bible belt who only watches FoxTV. I am aware that RT is an official Russian government channel but that doesn't change the fact that dollar is in trouble. But i don't blame you. US high schools probably not gonna teach you that ;)   Here, you can read from a variety of other 'trusted' sources:   http://online.wsj.com/news/articles/SB10001424052748703907004576279321350926848  http://business.financialpost.com/2013/10/15/us-dollar-supremacy-decline/  http://www.cnbc.com/id/101650260#. http://www.thenational.ae/business/industry-insights/markets/us-federal-reserve-powerless-to-halt-dollars-decline
There are legitimate multi currency mutual funds/efts. But I don't think their rate of return will produce the extra money you're looking for any faster than any other kind of investment with comparable risks. To make money fast, you have to accept nontrivial risk of losing money fast, which isn't what you seem to have in mind.
"http://www.npr.org/2012/04/24/151305380/student-loan-debt-exceeds-one-trillion-dollars  http://online.wsj.com/article/SB10001424052702303812904577295930047604846.html  Funny, this is from more than a month ago, and from reputable news sources.  Is someone behind the curve?  It didn't seem like the entire article was about student loans, so much as a ""state of the economy"" with an emphasis on student loans."
I am just a C student with no hope for grad school, so you are going to have to walk me through this... The ECB (until recently), Japan, and the Swiss have been running QE programs equal to that of the Fed's in 2009 for the last couple of years.  That's an extraordinary amount of money being created... what's more, is that the Swiss are even buying shitloads of American equities with it.    Perhaps my understanding of M2 is flawed, but how would the Swiss national bank buying $63B in equities change M2?  It's not like the fed is printing the money specifically for the transaction.  The amount of QE being pumped into a healthy economy over the last couple years should be concerning, if only because it's unprecedented, especially since some of it is being directly invested into equities.  I don't think there is a viable argument that can truthfully say that it isn't a pretty large variable in the market today.... but I could be wrong.  Also, I've read enough, and heard enough, on how the inflation rate is measured to cultivate a healthy skepticism for the entire metric. The way they choose baskets, while obviously the best possible, is not something that lends itself to precision.    Please be kind to my grammar.
I would join finance and economics clubs. Network with other Engineering -&gt; IB people. Try to land a sophomore summer finance internship.   When you walk into IB interviews you want to show that you've been focused on this for a while, and your not some goober that decided to apply for the hell of it.
Lol, im in charge of the risk management. I bet you are one of those students who think they will revolutionize the market by reading books, and 0 experience in the market, I hope you wake up from your arrogance and lean from people with actual experience in it.
Broader your view of ""top tier"" schools as many schools that are not in the Top Ten silliness will offer programs that are just as good. Then research your ""top tier"" schools to find out what kind of student they're looking for. Do they want someone who has done something different? Someone who took some time off (like you!) to travel and work? Emphasize this in your application. Emphasize your extra effort to take courses, your job, your maturity and experience. Colleges love that. Whatever kind of application essay you write, make it about your life and how it's shaped you, your outlook and your efforts. And make sure it's carefully edited -- not mistakes, no bad grammar, no spelling mistakes, etc. Perfect. Get and English teacher or someone you trust to advise you on it. No, of course you are not wasting your time. Just make every reasonable effort to make schools want to accept you, and every reasonable effort to prepare well for more college. That is, after all, all you can really do. Then whatever happens work hard and do your best."
Yes, one such provider is: https://www.fxcompared.com/ They allow you to compare a number of foreign currency providers, and take into account all of the fees and spreads, and give you a simple number which you can use to compare them - the amount of foreign currency you get for your domestic currency.
&gt; what business could I do in college?  Keep looking -- and look for potential partners among faculty and fellow students. Network like crazy, and collaborate with others to come up with as many new ideas as you can. You'll find opportunities.
One of the triggers for audit is when the IRS can't match 1099 income to the tax return. Whoever got the 1099 in her name should include that income on her return.
You need to prove to the IRS that it's you, so if you're calling you'll need to know the details of the tax return that only you would know (ss#, address, refund amount and more); alternatively you can go visit the IRS office closest to you with a proper form of ID.
You can find a record of past tax returns on the Get Transcript page on irs.gov. Update: As of 2016 it looks like that link only allows you to retrieve previous tax returns by mail. Previously it had allowed you to view and download them from their website.
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"And you were criticizing me for making blanket, general statements...   Did you want to talk about something specific, or did you want to keep the discussion to the generalities like arguing about whether taxes are ""noble or ignoble""?   If it is the latter, than I get the gist of what you are saying, but disagree with you. And I say this from a position of paying a lot more in taxes than I am betting you do, so it is not from a position of rhetoric but actuality."
&gt; Honestly, I think this open access to the stock market whereby anyone can be a 'trader' is a terrible thing.  Really? Could you please elaborate? Do you think it's a flaw in the stock market system itself or in peoples' financial education?
"Actually, you have it backwards, reasearch shows that a great deal of privatization is unsuccessful, also its often found to be a form of looting of society. You should read he following paper:  [Out of Control: The Coast-to-Coast Failures of Outsourcing Public Services to For-Profit Corporations](http://www.inthepublicinterest.org/sites/default/files/1213%20Out_of_Control.pdf)  The pending free trade agreements like the [super secretive TiSA](https://www.youtube.com/watch?v=2_pPqnbXpA4) that mandate vastly expanded privatizations and ""liberalisation"" (globalization) of  service sectors around the world, are not going to be beneficial, IMO. I feel strongly that they are going to be hugely disruptive."
"A major danger of keeping ""emergency"" funds in the form of stocks is that many of the scenarios where one would need quick access to the money will also momentarily depress the stock market.  Someone whose emergency funds were in some other form could avoid selling stocks during a momentary downturn, but someone who has no other emergency funds would have no choice but to sell during the downturn (thus losing money as well as making the downturn more significant for everyone else)."
By exploiting institutional investors, HFT does hurt small investors. People with pension, mutual, and index funds get smaller returns. Endowment funds are also going to get hurt which hurts hospitals, schools, charities, and other institutions that work for the public good.  I agree with you though. At this point we would likely be just arguing semantics.
That's not really decent reporting at that point though is it. It would be a bit like not reporting that the economic situation in Europe, or China properly, because people have certain expectations, or indeed like modifying reporting to please advertisers or shareholders...
Many mutual funds include such mechanisms. However, the higher fees for those funds (when compared to simple index funds) may cancel out any improvement the hedging strategy offers.
Many people have criticized the Groupon IPO model because it doesn't make sense as an investment, unless you are an insider with cheap shares. Basically, you have:
This looks more like an aggregation problem. The Dividends and Capital Gains are on quite a few occassions not on same day and hence the way Yahoo is aggregating could be an issue. There is a seperate page with Dividends and capital gains are shown seperately, however as these funds have not given payouts every year, it seems there is some bug in aggregating this info at yahoo's end. For FBMPX http://uk.finance.yahoo.com/q/hp?s=FBMPX&b=2&a=00&c=1987&e=17&d=01&f=2014&g=v https://fundresearch.fidelity.com/mutual-funds/fees-and-prices/316390681 http://uk.finance.yahoo.com/q/pr?s=FBMPX
don't know why you're being down voted, what you say is true in many markets. Universities are graduating a heck lot of undergrads and unless you have something more than that (say experience in the field) it's getting harder to compete.
The problem with short options is they expire and have to be covered. An inverse ETF is the way to go in my opinion. Because the real issue isn't if the market is overvalued but when will it correct. That's the risk and no one knows that answer
The reinvestment of dividends and capital gains is a very significant portion of investment gains over the years. This creates a compounding effect on your gains. You should almost certainly reinvest to help the account grow, until you are retired and want to withdraw some cash. Placing them in a money market account just builds a pile of uninvested cash.
I wouldn't use it to take leverage unless you don't mind loosing your entire investment (this is a possibility as shares are already quite volatile). However, you don't have to take leverage and still trade CFDs. Benefits of doing so: Disadvantages:
So the easy to extract petroleum products are diminishing in supply and the petroleum extraction companies have to expend more capitol to get the commodities they sell on an open market and that's hurting their profit margin?  Who could have ever envisioned such a situation?
Bad signs:
&gt;Jeremy Grantham, chief investment strategist of Boston-based Grantham, Mayo, Van Otterloo &amp; Co., said margins will send stock markets tumbling when they eventually revert to their mean.   &gt;“The implication for the stock market is ugly, because it means earnings are unsustainably high,” Grantham’s colleague Ben Inker, GMO’s director of asset allocation, said in a telephone interview.
T. Rowe is my new 401 k company and they have been pretty professional the problem was they required information from my old employer who refused to give it to them. But I am in touch my my old 401 k account and will be doing some more research into the companies and processes you guys have given me amd try to choose what is best for me
Consultant included a passing comment about whether companies were singular or plural. ... Writing about them as a Businesses plural entity seems oddly formal and doesn't look right at all. ... I had this scenario myself when referring to our own company name.
"Wait, so if you have more money you get to follow ""unpopular rules""? That sounds even worse than what we have today.  And you didn't answer my question about how private courts and private security companies would be held accountable."
"I just opened up the Roth on my own, with some savings. I was then about to roll over the old company 401(k)s, but didn't see ""Roth"" indicated on the statements for those.   All these years I've known that Roth is the way to go, and thought that's how I've been investing.........but apparently, you can only open a Roth personally, whereas the company 401(k)s are standard.   I'm currently not working so I guess that counts as ""low income year""? But we file jointly...........gahhh!"
Maybe you should read the *whole* thread before replying?  From [the story I linked above:](http://www.computerweekly.com/news/2240150767/Facebook-shareholders-sue-over-misleading-IPO)  &gt;It has emerged that only a select group of insiders were aware that Facebook was forecast to earn tens of millions of dollars less than had been publicly stated.  You can announce news, or you can withhold it as corporate proprietary information. What you most definitely *cannot* do is just tell a few friends.
Ooh let me ramble a bit, for this is very true in my case. The very second I feel even slightly patronized, I shut down and create a negative judgment of the company. Especially when the marketing methods they use are as transparent as a dad with a vagina.   Unrealistically attractive persons using product,  ridiculous dialogue with YouTube comedian level humor, ANY product placement/celebrity endorsements, etc.  It feels insulting and gives companies and advertisers a sort of malicious persona and therefor unworthy of my shmeckles.  On the other hand some advertisements seem more subtle and respectful, being more informative rather than persuasive or cunning, and that's what I want to see more of.  Hopefully it's not just me but I could be too cynical. It's hard not to be these days.
Yea exactly. And obviously this discussion is more political and cultural in nature, but I'd argue that behavior like his is going to hurt profits more than help them. It's divisive and antisocial and if I was going to run a company I would not want that negative attitude anywhere near.
"I searched for the phrase you quoted and received three results, none of which were meaningful. If what you say about this guy were true, it would be trivial to post some links.  I'm not sure how asking for citations is unpleasant. Did you telll teachers they were being ""unpleasant"" when they required a bibliography and/or works cited section in reports?"
"So tell me, if I am forced to hire, say, people whose religious views I fundamentally oppose (and do not wish support, however indirectly via a paycheck), why is their right to religious expression more valid than mine?  The problem with all ""Equal Opportunity"" foolishness in the private sector is that it picks some people as being more equal than others ... and THAT is flatly wrong."
From my POV, if the title doesn't match the skills listed as requirements and the pay is below what it should be I just won't apply.  Younger me would, then would snub the HR team after they get huffy when my first question is will you pay X with YZ benefits potentially? If not let's just stop talking to each other now.   Older me is too busy and too grumpy to waste my time with incompetent HR, tell me what you want and I'll apply if it fits. If I have to guess it's probably a safe assumption that you don't know or are hoping for a skilled worker for peanuts and I've got no reason to bother with you. /rant  I get the 'reason' HR does this, now you'll have to accept less qualified candidates are going to apply because it's not worth your bullshit.