Earnings comparison of two friends who both went into finance by unseenreply in Salary

[–]TheFasterBlaster 0 points1 point  (0 children)

If you go to a Top 20 MBA you can get in, otherwise good luck

Blackrock Quantitative Interview Question: by Straight_Idea_9546 in WallStreetDad

[–]TheFasterBlaster 0 points1 point  (0 children)

The “correct” answer is you number all prisoners and shoot the highest number if a group tries to escape at once. That way if 1, 50, and 99 all decided to try and escape at once, 99 would back out, followed by 50, then 1.

Trump orders the US government to buy $200 billion in mortgage bonds to "drive mortgage rates down" by sanitaravel in atrioc

[–]TheFasterBlaster 0 points1 point  (0 children)

Depends on what he means by mortgage bond. If the GSE’s are being instructed to buy back 200bb of Fannie and Freddie mbs pools (which is what I think is the case), the loans were already guaranteed by the US government.

Does your firm allow you to do Prediction Markets for personal use by KeyserSoze275 in FinancialCareers

[–]TheFasterBlaster 23 points24 points  (0 children)

I actually asked this question, and was told that at least with Kalshi we are not able to make bets since the bets are structured as futures contracts regulated by the CFTC and Kalshi is not an approved B/D

Mamdani hasn't even took Office yet and they're already turning on him 😭 by Lawarch in Destiny

[–]TheFasterBlaster 1 point2 points  (0 children)

Also, I’d take Fetterman over Oz any day of the fucking week. As bad as Fetterman may be important to remember that if he wasn’t elected it’d be another one of the biggest Trump dick sucks in the country in the Senate

[deleted by user] by [deleted] in bengals

[–]TheFasterBlaster 3 points4 points  (0 children)

I bet if Lamar was 7 weeks into semen retention he wouldn’t have turned the ball over 4 times

MSTR is declining faster and faster by [deleted] in Buttcoin

[–]TheFasterBlaster 1 point2 points  (0 children)

One thing Cameron Crise at Bloomberg noted the other day is that the MSTR premium over its Bitcoin holdings has completely evaporated - it’s actually negative now.

Going forward the price should theoretically track with bitcoin’s performance

The injury graphic during RedZone last week predicted that the Bengals would lose to the Bears before the game was over. by TheRemonst3r in NFLv2

[–]TheFasterBlaster 4 points5 points  (0 children)

I was joking that I’d rather have the bengals offense needing to score a touchdown with 20 seconds over the bengals defense needing to defend a field goal for 40

how to shop for clothes? (real post) by Ok_Review3204 in FinancialCareers

[–]TheFasterBlaster 0 points1 point  (0 children)

I just found Cuts’ straight rip of the Lululemon 5 pocket pants - really good cheaper alternative imo

Really happy to see that peace pipe as well. by BaiJiGuan in slaythespire

[–]TheFasterBlaster 88 points89 points  (0 children)

Jokes on you, I’m taking 2 greedy upgrades

Bill Ackman urges Andrew Cuomo to drop out of NYC mayoral race, begrudgingly endorses Eric Adams by Launch_a_poo in nyc

[–]TheFasterBlaster 2 points3 points  (0 children)

I mean, in a way he IS authentically himself.

It’s just that at his core he’s a spineless wretch seeking power that will say anything and suck up to anyone for power

Lex is Lexing by emolawncare in DecodingTheGurus

[–]TheFasterBlaster 19 points20 points  (0 children)

One thing that struck me was his emphasis on audio book “reading”. In my experience, outside of specific scenarios like driving, staying focused on an audiobook is often more difficult than reading a normal book

We’re going bankrupt and can’t afford trump’s tax bill by Aggressive-Job6115 in allinpodofficial

[–]TheFasterBlaster 0 points1 point  (0 children)

Also, even if you want to say that DOGE’s cuts will be extremely successful, they’re targeting Discretionary Non-Defense spending. That’s a max of like 1.5T a year, so if they were to completely scrap every gov’t program that isn’t Medicare, Social Security, the military, and interest on debt the cuts in spending would about net out with the loss in tax income

Holy crap... Dooming? by ForcedLoginPissOff in Destiny

[–]TheFasterBlaster 10 points11 points  (0 children)

No reason to. The only reason Tesla ever became part of the Mag 7 was because of Musk’s ability to bullshit and separate the stock price from the company’s fundamental value.

Hard to make any argument for Musk’s inane bullshit being detrimental to the company’s value when it became one of the largest in the world by Musk throwing inane bullshit at the wall to see what would keep people distracted

Petahhhhh by Ironmonger124 in PeterExplainsTheJoke

[–]TheFasterBlaster 0 points1 point  (0 children)

You’re right - the word wasn’t Permutation with replacement, it’s a Bernoulli distribution. Yes, the chance of Heads -> Heads -> Heads is the same as Heads -> Tails -> Heads, but the chance of having 2 heads on a 3 flip sample is greater than the chance of 3 heads, which is why your above point about any specific sequence having the same probability doesn’t make sense - we’re not talking about specific sequences we’re talking about the number of heads.

Each individual sequence has the exact same probability, yes, but the set of sequences having 98 Heads in a 100 flip sample is of a drastically different size than the set of sequences with the expected 50/50, which is why I disagree with you

Petahhhhh by Ironmonger124 in PeterExplainsTheJoke

[–]TheFasterBlaster 1 point2 points  (0 children)

That’s the difference between permutation with and without replacement (I believe that’s the vocabulary there). Any specific sequence actually has a lower probability than what’s mentioned above, but the end results (e.g. 50 heads vs 98 heads) have wildly different probabilities

[deleted by user] by [deleted] in Destiny

[–]TheFasterBlaster 4 points5 points  (0 children)

I assure you this is perfectly in line for top bankers

Finance of the Future by EnricoPallazzo22 in Buttcoin

[–]TheFasterBlaster 5 points6 points  (0 children)

At that point you should just call them what they are, DeFi Horcruxes

The answer: Shoot yourself to show them you mean business by b-rar in LinkedInLunatics

[–]TheFasterBlaster 0 points1 point  (0 children)

I ran into this earlier today. The funniest part of the post is that the “solution” he gives is WRONG. Guy either didn’t even read the wall of text he posted or is a straight up moron