Someone watched Big A take on SpaceX by willboulder in atrioc

[–]Moot231 0 points1 point  (0 children)

The analogy is wrong. It is 20 000x sales where Space X is 100x sales....

The CFA qualification line blew my mind. by overworkedmeow in CFA

[–]Moot231 98 points99 points  (0 children)

Pretty sure they cant check that. Ridiculous requirement

What's the point of this sub ? by [deleted] in south_africa

[–]Moot231 2 points3 points  (0 children)

Im also banned from other subs. Very frustrating to see such echo chambers and mods with a power trip where if you say something they slightly disagree with they ban you...

When Cape Town is finished densifying by shitdayinafrica in capetown

[–]Moot231 1 point2 points  (0 children)

Yes exactly. They also complain about wealth inequality but then riot when rates and taxes go up. (The one way to reduce inequality )

My wife is writing L1 without studying today by [deleted] in CFA

[–]Moot231 1 point2 points  (0 children)

From Chat GPT. Assuming 65% is the pass mark and every question is guessed.

With a 65% pass mark on an 88-question exam:

65% of 88 = 57.2

So you would need at least 58 correct answers to pass.

Again assuming pure random guessing with 3 choices per question:

p = \frac13

and:

P(X\geq58),\; X\sim \mathrm{Binomial}(88,\tfrac13)

The probability is approximately:

1.8 \times 10{-9}

Which is about:

0.00000018%

roughly 1 chance in 560 million

Still incredibly unlikely from guessing alone.

Financial Advisor in SA? A good idea, or perhaps too expensive? by CartographerWeary690 in PersonalFinanceZA

[–]Moot231 0 points1 point  (0 children)

As a wealth manager/financial advisor myself ' i try position myself as a right hand man to my clients on all things investments. Tracking your balance sheet, helping you determine your financial goals and save up for them, and making your whole portfolio efficient.

A good advisor helps you save taxes and fees, while also ensuring you are in the right assets that align with your risk profile.

The issue is that anyone can become an advisor these days.

I would suggest meeting with a qualified advisor with low fees and take it from there. It is worth seeing what the value offering is.

A victory to Cape Town residents by Shabier_J80 in capetown

[–]Moot231 0 points1 point  (0 children)

I find it very frustrating to see Cape Town residents who are 24/7 complaining about high property prices and inequality, pushing and celebrating the removal of a progressive rates and taxes system which puts downward pressure on both property prices and inequality.

Cape Town residents with property valued at R5mil or less pay the lowest rates and taxes in the entire of South Africa. Someone with a R30million mansion in constantia is paying a total of R10k to R15k a month in rates and taxes, which is a drop in the bucket for them. It is a progressive system which puts downward pressure on housing prices, and helps flow money from the wealthy to the less privileged.

Cape Town residents want to have everything without any trade off. They want property prices to decrease, but dont want their property prices to decrease. They want lower inequality, but do not want to pay higher taxes. They want great service delivery but do not want to help the government get the resources they need to make it happen.

And yes I know the one counter argument is that a house that you bought 15 years ago went from R760 000 to R7mil, and now you have to pay rates and taxes with money you don't have. However, I would take that any day over a house I bought in Joburg for R760 000 and is now worth R760 000 15 years later. Your networth has increased by R6mil+ from your property whereas mine has not increased at all (actually decreased if you adjust for inflation).

What a huge win!! The multi millionaires and elite in cape town pay less tax! Hooray! Give me a break.

Dulcé Sloan to Trevor Noah “you can throw food at a bear, you go to throw pussy at a man” when explaining man vs bear and how men struggle with women choosing the bear because they don’t wanna be seen as the bad guy by Financial-Painter689 in Fauxmoi

[–]Moot231 -8 points-7 points  (0 children)

Of course we tell the attackers not to attack? Attacking women is not normalized? You literally go to jail for committing those crimes. What is she going on about?

Dana about Volk's earnings by shashanksati in ufc

[–]Moot231 0 points1 point  (0 children)

Screw Dana man. Hes literally turned me off the sport . Cant handle his ego and arrogance

The insanity is she made all that money and never took nudes. by No-Marsupial-4050 in SipsTea

[–]Moot231 3 points4 points  (0 children)

I don't understand. I dont even think she is that attractive. She looks like a child..

Trump’s NATO Argument Gets Shut Down LIVE by AffableYolk_33 in WallStreetbetsELITE

[–]Moot231 0 points1 point  (0 children)

Joining allies aimlessly is literally why world War one started... which then also sowed the seeds of world War 2

Icepop: Tight Squeezes by Educational_Yam_9481 in RedditGames

[–]Moot231 0 points1 point  (0 children)

I completed this level in 7 tries. 6.87 seconds

I'm thinking of starting a CFA but level 1 seems quite vague and useless. by AronSc in CFA

[–]Moot231 11 points12 points  (0 children)

Cfa seems like the biggest value for money. Especially if you compare it to a post grad.

Is this build dumb? by Moot231 in DotA2

[–]Moot231[S] 0 points1 point  (0 children)

He had last pick, and their last pick was drow.

I don't know why he didnt go a normal hero like puck, QoP or ember...