This is factually incorrect, and saying a trading shop failed because of language choice is, um, less than smart.
> Buffett missed out on massive tech company returns because he was opposed to investing in businesses he did not understand, and he did not understand tech companies. He also missed out on massive tech company losses.
BRK has clobbered the index on a 1 and 2 year basis, and beaten it on a 5 year basis. I'll wager a good sum that as interest rates continue to be nonzero, they will continue to massively outperform. There is no shame in…
If he can do what he claims (which as I said above is less impressive than it sounds) he can take it to a Chicago prop shop. They'll give him a budget and a share of the PnL. Very straightforward, it happens all the…
I interviewed there and got a job many years ago. They are very smart. And weird. During my final round with the CTO I was waiting for him in his office on a couch. The couch was in a living room-like area of the…
"steadily beating the S&P 500 for over a year on a weekly basis" Can be achieved by chance alone. If not chance, I can give you a strategy that would be highly likely to achieve such a result: it would take a lot of…
TW employee ~200 here (now ex). The vast majority of the profit was invested in expansion. You can't grow from the low hundreds of employees in year 2000 to almost 5,000 in 2017 without many tens of millions of dollars…
Ex-TWer and current TW shareholder here. US securities law does not allow a company to be private over a certain number of shareholders. The owner couldn't legally offer to sell the company to all 4000-some employees,…
This is factually incorrect, and saying a trading shop failed because of language choice is, um, less than smart.
> Buffett missed out on massive tech company returns because he was opposed to investing in businesses he did not understand, and he did not understand tech companies. He also missed out on massive tech company losses.
BRK has clobbered the index on a 1 and 2 year basis, and beaten it on a 5 year basis. I'll wager a good sum that as interest rates continue to be nonzero, they will continue to massively outperform. There is no shame in…
If he can do what he claims (which as I said above is less impressive than it sounds) he can take it to a Chicago prop shop. They'll give him a budget and a share of the PnL. Very straightforward, it happens all the…
I interviewed there and got a job many years ago. They are very smart. And weird. During my final round with the CTO I was waiting for him in his office on a couch. The couch was in a living room-like area of the…
"steadily beating the S&P 500 for over a year on a weekly basis" Can be achieved by chance alone. If not chance, I can give you a strategy that would be highly likely to achieve such a result: it would take a lot of…
TW employee ~200 here (now ex). The vast majority of the profit was invested in expansion. You can't grow from the low hundreds of employees in year 2000 to almost 5,000 in 2017 without many tens of millions of dollars…
Ex-TWer and current TW shareholder here. US securities law does not allow a company to be private over a certain number of shareholders. The owner couldn't legally offer to sell the company to all 4000-some employees,…