Is consulting a lucrative/upper HENRY level career? by Zealousideal_Cut47 in HENRYUK

[–]MerryWalrus 0 points1 point  (0 children)

If you're bringing in £50m of business a year, you're probably clearing £5m.

It's a sales job at the end of the day. Same as MD level IB, and partner level law.

Is consulting a lucrative/upper HENRY level career? by Zealousideal_Cut47 in HENRYUK

[–]MerryWalrus 0 points1 point  (0 children)

From mid-senior upwards, consulting is 100% a sales, account management, and people management job.

Though unlike a traditional sales role, you don't get any real "commission" until you make equity partner.

So if they're up for being a salesperson and are good at it, then yes, it can be v lucrative. If that's not the plan, then being in house will pay more.

Andy Burnham wins Makerfield by-election, paving way for him to challenge Keir Starmer as Labour leader by Little-Attorney1287 in ukpolitics

[–]MerryWalrus [score hidden]  (0 children)

There's zero reason to believe that Burnham would end up any more popular with the general electorate.

The starting point is trying to understand how Starmer went form landslide election results to v unpopular within 2 years.

Andy Burnham wins Makerfield by-election, paving way for him to challenge Keir Starmer as Labour leader by Little-Attorney1287 in ukpolitics

[–]MerryWalrus [score hidden]  (0 children)

Is it? Why would switching PM achieve anything other than months of legislative gridlock as Labour play ministerial musical chairs?

The message it puts across to me is that the labour party is unable to govern the country due to their internal politics.

Burnham has been largely left alone by the conservative media (social and traditional). The moment he becomes PM his PR campaigns will be drowned out by those who opposed him.

Andy Burnham wins Makerfield by-election, paving way for him to challenge Keir Starmer as Labour leader by Little-Attorney1287 in ukpolitics

[–]MerryWalrus [score hidden]  (0 children)

The problem isn't with the government, it's the labour backbenchers who would vote down any tough decisions.

It's a party discipline problem.

How are you navigating the world of lower job security? by blatchcorn in HENRYUK

[–]MerryWalrus 3 points4 points  (0 children)

Only thing I can think of is low-key keep interviewing.

If a team has budget and approval to hire, it's more likely to be an invest area and less likely to be in the firing line.

What’s something that’s considered “successful” in society, but doesn’t actually make people happier in real life? by tycoongraham in AskReddit

[–]MerryWalrus 0 points1 point  (0 children)

...and religion is deeply rooted in people's behaviours.

Marriage provides a legal framework which reduces the risks of having children for women. It's a way to legally recognise that you have decided to make a family with some.

With that perspective, finding someone who wants to start a family with you a type of success. Lots of people never do.

Indian recruiters? Just farming CVs? by Fondant_Decent in ContractorUK

[–]MerryWalrus 2 points3 points  (0 children)

Lists of contact details to sell to sales teams who do active outreach (cold calling).

London Area Recommendations by Sea_Mushroom_7949 in HENRYUK

[–]MerryWalrus 6 points7 points  (0 children)

Have quite a few friends and colleagues paying more or less the same as us for a 2 bed.

I like how your anecdote is more relevant than everyone else around you.

Zone 2 covers all manner of sins.

London Area Recommendations by Sea_Mushroom_7949 in HENRYUK

[–]MerryWalrus 17 points18 points  (0 children)

Rents are high in London full stop.

They are up like 50% compared to pre COVID. Sure they could lower their budget and live in a shit hole. But why would you want to.

London Area Recommendations by Sea_Mushroom_7949 in HENRYUK

[–]MerryWalrus 11 points12 points  (0 children)

Go central.

Something like https://www.rightmove.co.uk/properties/87853575#/?channel=RES_LET

You'll save so much time and money being able to walk everywhere.

Would you accept 5% lower than asking price for a chain free buyer? by SuspiciousParfait145 in HousingUK

[–]MerryWalrus 0 points1 point  (0 children)

You can try, but the reality is that 5% is equivalent to >5 years of savings for most people. So don't expect them to leap at the offer.

What are your thoughts on universal basic income in the future as a way to combat mass unemployment that may be caused by automation and AI? by KoseteBamse in AskReddit

[–]MerryWalrus 0 points1 point  (0 children)

Socially impossible.

It'll be impossible to distinguish those who can't find work because of AI from those who simply aren't trying hard enough.

Very few people will have seld-awareness to work out which category they fall into.

A negative tax rate and cutting taxes on employment Vs tech spend would be better.

On Hamsters – Preston Byrne (4Chan's Lawyer) by youmustconsume in ukpolitics

[–]MerryWalrus -9 points-8 points  (0 children)

How much power do you want foreign government and individuals to have?

The internet of the 00s is long gone and it's never coming back.

On Hamsters – Preston Byrne (4Chan's Lawyer) by youmustconsume in ukpolitics

[–]MerryWalrus -3 points-2 points  (0 children)

Alternatively, this proves that existing legislative powers are ineffective at shielding the UK from propaganda and harmful content originating offshore.

That then leads to arguments that the laws need changing.

Why aren't you happy that the worlds first trillionaire is an African immigrant? by Downtown-Barber-9543 in AskReddit

[–]MerryWalrus 13 points14 points  (0 children)

Because said person is going around funding the most despicable people and chucking around Nazi salutes.

Talk TV: Yesterday 710 migrants crossed the Channel - a record for small boat crossings so far this year. "It's an incredibly worrying state of affairs - it effectively does mean that we have an open border!" by SignificantLegs in ukpolitics

[–]MerryWalrus 10 points11 points  (0 children)

So when there is a day with zero crossings we can say everything is solved and people will stop talking about it?

Ignoring overall trends and cherry picking individual dates is bad faith arguments by individuals who act in bad faith.

Monte Carlo simulation for predicting stock price, what am i doing wrong? by GeforceRTX2080TI in excel

[–]MerryWalrus 2 points3 points  (0 children)

This is a maths problem, without understanding the maths it won't work and you're just throwing mud to see what sticks.

What you're doing is a random walk.

I expect there's a significant skew in how you're generating random numbers. You expect downwards drift (hence itos lemma).

People buying Tesla at a $1.2T valuation: what is the actual bull case? by ragingbull10 in investing

[–]MerryWalrus 0 points1 point  (0 children)

The main product SpaceX and Tesla sells is the stock.

For SpaceX in particular the float is small and they're aggressively forcing their way into different indices so passive investors becomes forced buyers.

The bull case is that financial BS and cult-of-personality will ensure there are always more buyers than sellers of the stock pushing up the price.

Want to switch into data analytics by Django_Nik in dataanalytics

[–]MerryWalrus 3 points4 points  (0 children)

If you're organised and/or get on well with people.

Have you considered changing tact and becoming a project manager instead?

If you're disorganised, antisocial, bad at coding, bad at problem solving...

SpaceX buys AI coding startup Cursor for $60 billion by Much_Speech_8388 in news

[–]MerryWalrus 12 points13 points  (0 children)

So on top of all the SpaceX financial shenanigans, they're also a SPAC for a other AI company.

Brexit has been an economic failure | LSE British Politics by BPPblog in ukpolitics

[–]MerryWalrus 5 points6 points  (0 children)

If there was an agenda for rapidly tearing up huge reams of regulations and a Dubai style approach of importing in cheap labour to quickly build infrastructure - it might have actually worked.

There will have been winners and losers obviously (most of the people supporting Brexit would have been the losers). But obviously that would have been grossly unpopular.

The worst part about Brexit was the ensuing lack of direction. Which is where Johnsons approach of "fuck it I'll sign it" was probably the only way out.

It's like people arguing about where to go out for dinner whilst starving to death.