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Number of Posts:232
Registered on:11/11/2022
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quote:

So I cant say this game is over because we have a series coming up?


Vince Carter went to UNC brother
Vince Carter GIF when you are about to be playing UNC is probably bad mojo
quote:

What did you call?


You bought something and called it "arbitrage" and it proceeded to tank 40%. We have different definitions of arbitrage
I hate to say I called it, but I kind of called it? lmao
I'm not a big options trader, but doesn't an implied vol that high just show that the market is pricing in huge swings? So that's why you can get a nice premium for selling an option?

Yeah 17% is nice but its a lot less nice when you can easily get wiped out
I'm confused why you are using the term arbitrage. You still own the downside right?
quote:

Seems like there's a real hole in the demographic there between about 19 and 35 years old.


Definitely true to an extent. A lot of it has to do with how expensive the area is. But that has to be the nicest areas in Louisiana to live
quote:

UNC is the first team into the Super Regionals


Feel like UNC is always in the mix but can never win it all. Maybe this is the year
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that is not a good sign - I just feel like this thing is going to be a flop with a lot of empty seats in the stadiums

Dude have you seen ticket prices lmao
I just don't think it is worth the headache. There's a very plausible story that equities don't even perform above your interest rate and you would be fricked.
Unless you are above 10 million I would not bother
quote:

Except for the irs and the game warden and the fact that all of the rivers are poisoned


Ha. Not sure the IRS will be clocking you in the middle of bumfrick nowhere. Same goes for game warden. But yeah man, the world is out to get you. Sorry about that.

You'd fit right in with the North Sentinelese tribe. They seem to be enjoying themselves living the hunter gatherer lifestyle.
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I meant that our lives were better when we were hunter gatherers


I never understand this logic. There is absolutely nothing stopping you from moving out to the boondocks and living a hunter gatherer lifestyle. Go join that north sentinelese tribe that is slinging arrows and running around naked.

The beauty of innovation is it gives you optionality.

I can go play golf and slam transfusions if I want. I can go hunt if I want. I can go on a boat and fish if I want.

quote:

the standard of living has been dropping ever since humans switched to agriculture. Your ancestors had it better than you in ways that you can’t even imagine


This is actually retarded. Some people just have a knack for finding ways to be unhappy.

My ancestors were getting blown up in wars, I don’t think we have it that bad brother.
quote:

What are y’all‘s thoughts on AI impact within accounting? my son will be a junior in LSU accounting major with a concentration in data analysis.


AI can already do most of what entry level accountants do. With that said, having a knowledge base makes you that much more effective in implementing it.

AI is able to do things in 30 minutes that would have taken me weeks. I did an entire financial analysis on a business we are investing in within a couple of hours. Building out a sheet from scratch and pulling the data would've taken much longer than that previously.

So to answer your question, the winners will be those that can implement the tech in the short-term. In the long term, we may all be fricked but time will tell.

If it gets to that point, society will be running so insanely efficiently that I'm not too worried about being put out of a job.
Yeah I wouldn't look too far into gross application numbers. There has been a similar trend in job applications as well. It's not very hard to have claude apply to 100 places for you, and people are doing the same thing for college applications.

The % of kids who actually choose to go to the school is a better metric.

There's a reason most of the SEC schools still have sky high acceptance rates. If LSU is accepting 3/4 of the 60k kids that apply, do the math on how many get accepted and don't attend.

That's why the more prestigious state schools are forced to reject more kids. The kids would actually attend if accepted
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In my opinion getting into Big 4 after graduation is the best route to go when getting a degree in Finance.


Yeah, getting into high finance with an LSU business degree is a real crapshoot.

The ceiling for most at SEC schools is big 4 accounting (which honestly seems like hell).

I’d take notes from the folks that leveraged their business degrees in this thread. At the end of the day, if you are good at what you do degrees mean nothing.

re: 401k/Company Stock Option

Posted by TigahsOnTop on 5/14/26 at 9:52 pm to
This totally depends on the company.

In most cases, I’m taking the 15% discount. If you subscribe to the efficient markets pattern of thinking (which is mostly correct), then your expected value is much higher than investing in an index with no discount.

However, if this is some shitty ultra volatile small cap, then I’m not sure I’d be very interested in having any meaningful % of my net worth in it. The variance of returns in those tiny companies can quickly eat away at that 15% discount.

All of that is to say I’d need much more info to give you decent advice.

re: Good commencement speech here

Posted by TigahsOnTop on 5/13/26 at 9:03 am to
Great message. Not sure what I expected, but that's up there on my list of best commencement speeches I've heard.

re: MB advice wanted

Posted by TigahsOnTop on 5/8/26 at 12:30 pm to
I'd get rid of it. You are spot on
quote:

It is a pretty simple precept.
We all get it wrong sometimes.
But claiming we were right, when we were wrong, negates a learning process.


I agree for the most part, but will push back a bit.

If something is positive expected value, and you take that bet, that's a good decision whether the bet wins or loses. That is the point of my post.

I'll use a betting example because it is easier to grasp, but the same concept applies to virtually every market (stock market, sports betting, lottery, etc.).

If you are able to buy a lottery ticket that gives you a 50/50 chance of winning, but the wining outcome pays $210 on a $100 bet, you should take that bet 100/100 times. The reality is, you will lose that bet 50% of the time.

That does not mean you made a bad decision in taking the bet, it just means that there is variance baked into the outcome. That same principal exists in financial markets as well. Edges are extremely small, so the variance will get you a lot of the time. That does not mean you should stop pursuing those edges (given your logic is sound).
quote:

Honestly, the first page of the NBIS thread disproves this as many of us got in before most analysts had even heard of the name.

New methods of information has changed everything. You can get the “edge” now that you could not have obtained in 1995, 2005, or even 2015.

It will take research and risk however.
It happened with NBIS at $30 per share, and it may be happening now with other names near the top of this board.


One of the most common errors in the stock market is confusing a good outcome with a good decision. A stock going up doesn't validate your thesis any more than a stock going down invalidates it.

"What makes a decision great is not that it has a great outcome." — Annie Duke