What does "mid career" mean?
Readers might also be interested to know that anonymity is one of the things constitutionally guaranteed by the First Amendment right to free speech. This concept has been extensively examined in legal jurisprudence for…
Personal risk, yes. Malpractice is covered by insurance. Bankers risk their clients' money, not their own (for the most part). As long as they perform their job competently, there is little risk compared to an…
"I think that was $342K/year for 99.5th percentile of single filers - you need to take on some risk" I don't think this is true - all the traditional "low risk" professions have this ability: doctors, dentists, lawyers,…
You might be interested to know that this is not unique - Baidu's PE ratio is almost 90 at the moment. (Not to say that both aren't overvalued.)
How old are you? And do you plan to have kids in the near future?
That's a valid point, but there is some validation investors get from Goldman and DST investing at that valuation. I think that DST is investing as principal, so it says something that they think it is worthwhile at…
You can bet that Goldman would have got hold of Facebook's financial statements from it before making that investment. You don't invest a few hundred million dollars before kicking the tires first.
As with all legal matters, you should consult a lawyer to obtain proper legal advice. This comment is, of course, not legal advice and shouldn't be relied on as such, but it may help put you on the right path. Without…
What does "mid career" mean?
Readers might also be interested to know that anonymity is one of the things constitutionally guaranteed by the First Amendment right to free speech. This concept has been extensively examined in legal jurisprudence for…
Personal risk, yes. Malpractice is covered by insurance. Bankers risk their clients' money, not their own (for the most part). As long as they perform their job competently, there is little risk compared to an…
"I think that was $342K/year for 99.5th percentile of single filers - you need to take on some risk" I don't think this is true - all the traditional "low risk" professions have this ability: doctors, dentists, lawyers,…
You might be interested to know that this is not unique - Baidu's PE ratio is almost 90 at the moment. (Not to say that both aren't overvalued.)
How old are you? And do you plan to have kids in the near future?
That's a valid point, but there is some validation investors get from Goldman and DST investing at that valuation. I think that DST is investing as principal, so it says something that they think it is worthwhile at…
You can bet that Goldman would have got hold of Facebook's financial statements from it before making that investment. You don't invest a few hundred million dollars before kicking the tires first.
As with all legal matters, you should consult a lawyer to obtain proper legal advice. This comment is, of course, not legal advice and shouldn't be relied on as such, but it may help put you on the right path. Without…