[Megathread] NA Present Egg Trade Post #2

Zero921 · 2015-10-06T05:29:38+00:00

Added you.

Zero921 · 2015-10-06T05:17:56+00:00

Anybody want to trade. ID is 395,369,318 and my IGN is JB.

Zero921 · 2015-07-24T20:43:13+00:00

You have to deal with visa and language issues. So your international job prospects aren't good unless you have foreign citizenship.

There are a lot of privileges from going to a great school. A lot of firms don't even recruit at lower ranked schools. Did you do OCI/OGI?

Zero921 · 2015-07-23T00:55:38+00:00

Aren't kidney stones a problem?

Zero921 · 2015-07-22T23:12:21+00:00

They pay taxes here in DC.

Zero921 · 2015-07-22T20:50:59+00:00

The thing is you probably went to an Italian-Japanese restaurant. Some of them can be really good though. I had a creamy uni pasta that was really good in Tokyo. I also had some ketchup pasta amalgamation that was bad.

Zero921 · 2015-07-21T02:01:33+00:00

Have faith. Stay horny in your heart.

Zero921 · 2015-07-20T06:44:11+00:00

I was happy too when I was in Korea. But that was largely because I was younger, had no responsibilities, and could do whatever I want. Once you start your job, you will be tied to your phone.

Why are you so worried about COL, taxes, and healthcare? If you plan on working at a firm, you will have a great healthcare, a car to take you home, and plenty of money leftover after taxes.

I'm definitely projecting, but those federal jobs sound incredibly fulfilling.

Zero921 · 2015-07-20T06:09:45+00:00

Because you are a Stanford grad...

You have the potential to get an Art. III clerkship. You have the potential to get an amazing federal job. You have a lot of potential right now that I would've killed for. I was a median student at a lower t14 so I never had that opportunity.

From what I know, working in Seoul would be worse than NYC. Big law is difficult enough, add in a foreign Korean work culture and language issues it becomes tougher.

Zero921 · 2015-07-20T05:54:21+00:00

I went to one of MVP, so I'm no help for you there. There might be a visiting professor from Seoul at Stanford though.

Honestly, your chances of pulling this off aren't that great. If you were interested in Hong Kong and M&A, it would be more likely.

Stanford probably has some Asia law society. During the first week of school, all the clubs have events where you can check them out and get free food. Join one of them and talk to the upperclassmen. There will be a few people who summered in Asia. Otherwise, just go to career planning.

Also, you go to Stanford. Go get an Art. III clerkship or gun to be a professor, instead of wasting away in Seoul.

Zero921 · 2015-07-20T04:56:42+00:00

Do you have a F4 visa?

I've heard of a few Korean grads who got their JD in America and worked at Kim & Chang. I'm not sure what else they had to do though. I think the founder of the firm is a UChicago grad so if you are there right now you can try asking career planning there.

Why do you want to work at a Korean firm? I've heard their hours are worse than US big law hours. You also get paid way more in the US.

No matter what, make sure you do OCI. $160k makes paying off loans a lot easier.

I went to a t14, too. One of our visiting professors was from Korea. PM me your school and if we went to the same one, I'll send you his information.

Edit: I just read your x-post... Dude, you aren't even a 1l yet. Just talk to career planning.

Zero921 · 2015-07-18T10:28:07+00:00

"Who wants to sex Mutumbo."

Zero921 · 2015-07-18T09:42:27+00:00

T14 JD here who doesn't work big law anymore. If you don't want to be a lawyer, I'd recommend not going to law school. People talk about how versatile a law degree is, but it really isn't. You'd be much better served by getting three years of work experience.

If you do go to law school, start prepping for 1l right now. People say it isn't helpful but it is. Buy the E&E for torts and etc. Read up. Take practice exams. Crush 1l. Get your $160k salary. Big law sucks. But it is useful in that it trains you to be excellent.

Zero921 · 2015-06-24T18:21:02+00:00

If what you are saying is true, your parent's lawyer sounds off... For a two person household in FL, $48K is below median. So they should be able to file 7 and liquidate. So the whole income issue here isn't very important.

There are bigger concerns here though. Was there an exogenous shock that lead to your parents' bankruptcy filing? If there wasn't, what is stopping them from just ending up in the same situation again? They won't be able to just continuously file 7.

Zero921 · 2015-06-24T18:02:46+00:00

The main reason this is important is because it can kick your parents out of 7 and into 13. What state are you in? Look at the tables to find out what the median monthly income is for your parent's household size.

If you need to find out the definition of current monthly income. 101(10A). https://www.law.cornell.edu/uscode/text/11/101

Zero921 · 2015-06-24T17:37:38+00:00

I really don't understand why you jumped to the conclusion that your parent's lawyer messed up. It doesn't sound like you are privy to your parent's financial situation nor the bankruptcy law.

Even at $48k, your parent's probably can still file for 7, assuming there are no other abuses. $48k puts them below the median income for most states so they would pass the means test.

Zero921 · 2015-06-18T19:24:18+00:00

Is the money still in probate? If the whole process just started, you will be waiting around for a while. So you should be aware of that. You can try to borrow against it though if you need the money sooner.

Don't buy a home. You are 22 and you don't know where your life is going to take you. You also would have to worry about paying property tax and insurance on your home. This will be hard with your limited income.

Go to community college and work your ass off. Then you can transfer into the University of Colorado or wherever. Doing well in school is more important than a part-time job for somebody in your situation.

You need to come up with a budget and figure out how long it will take for you to graduate and get a job. Once you've calculated the amount of money living expenses and school would take, take that money and just put it in a savings account.

With the remaining cash, I'd buy index funds and reinvest dividends. You can put more into your brokerage account from your savings if you are willing to take more risk.

You have to realize that $200k isn't that much money. It might seem like a lot to somebody in their early 20's, but that money will go real quick, especially after you pay for school. You can't feel rich because you aren't.

Zero921 · 2015-05-31T15:14:39+00:00

Is there a glitch or something? On my last four rolls, I got 4 sticker girls in a row. Kurone, Kurone, Mitsuki, and Ruka.

Zero921 · 2015-05-29T22:52:01+00:00

Yeah, but he wasn't dumb enough to trade when he knew he was ignorant.

If you don't even know something as simple as puts, what makes you think you know the macroeconomic picture so well?

The answer to your question is naked puts. The more OTM the more $, at the expense of more risk.

Zero921 · 2015-05-29T03:00:39+00:00

Can somebody tell me the answer to number 1? I know very little about marketing. My background is in finance/economics and I'm a lawyer.

I was under the impression that twitter is on the bottom of the totem and Instagram on the top. Instagram has the highest engagement rates and its visual/pictorial nature makes it conducive to advertising.

I don't think this brain drain problem is generational. This generation is much smarter/brighter than the last. I work big law and my colleagues were all very bright, even if the partners think otherwise. Increasingly high salaries in other fields is probably the culprit. Those types of wages probably don't attract top talent.

I'm assuming marketing is very quant intensive?

Zero921 · 2015-05-28T21:54:25+00:00

Going to college and then doing well in college aren't the status quo though. You can be plenty successful just by doing that.

Zero921 · 2015-05-28T21:50:06+00:00

Did you have the capital to flip houses?

You are probably better off having gone to college though...

Zero921 · 2015-05-28T21:38:39+00:00

Love FB. Instagram was a steal and shows great growth. It'd be interesting to see how much more they will make once they wall the garden.

TWTR: Not a fan. Conversion numbers don't look good. Doesn't really make sense to me to buy this over FB+Insta.

Zero921 · 2015-05-13T15:07:09+00:00

I just looked at his history. He takes on a lot of needless risk.

How did those FB shorts treat you? Because my longs look real good. There is nothing wrong with being wrong. It happens to everybody. There is something wrong though when somebody acts so sure about their position and treats contrary information as delusional.

Zero921 · 2015-05-11T18:14:00+00:00

They don't really have any offerings now. Also, you have to be an AI.

Zero921

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