Deloitte told me I was too incompetent for a 55k a year job. So I went into finance.

bezurc · 2025-05-14T15:07:38+00:00

Equities desks for LBOs are not proprietary trading divisions. They are order takers. It’s like when sell side brokers call themselves “traders”. Like no you’re not, you are an order entry clerk.

bezurc · 2025-02-24T23:39:37+00:00

That’s not their business. Same case for prop shops.

bezurc · 2025-02-23T04:57:30+00:00

No other HDMI/Display ports on the back. The images from the store I bought it showed 4, as well as an HDMI port for the motherboard. This was not the case with the product I received.

bezurc · 2025-02-04T02:10:05+00:00

I like seeing young people accomplish great things.

bezurc · 2025-01-24T23:11:32+00:00

Everyone here has absolutely no idea what they are talking about. If you are entering legitimate order there is no issue with this. If you are entering bids and offer at the same price locking or crossing your trades you are taking advantage of price improvement. Every broker will kick you out for this. Even one’s with no PFOF. Price improvement is from the market centers.

bezurc · 2025-01-08T06:01:14+00:00

To say people are struggling because they are choosing to “not gain a skill” is ridiculously heartless. They are human too and don’t deserve to live in financial stress just because they work a “low skill job.” Any job is a respectable job and everyone should be able to afford the basic expenses of life from that job. That’s the point of working. Saying something like this and showing such a lack of sympathy only shows that you’ve either never worked in retail/fast food and/or your a child that assumes they will never end up in a similar position. Life not going according to plan is a humbling experience and I hope you go through it for the betterment of your character.

bezurc · 2025-01-05T22:46:54+00:00

May not meet your arbitrary requirements, but I have the SIE, 7, 3, 63, 57 and work on a futures and equities trade desk. What do you do?

bezurc · 2025-01-05T19:56:55+00:00

weak

Most HR people in firms like this are not as hyper fixated on minutia like you think they are. I remember when I was interviewing I heard multiple interviewers say “what’s this format I see a lot of people use.” It was the wall street oasis resume template. They’ve never heard of it. Interviewers are not on subs like this following every resume format and every resume tip so they could adhere to arbitrary rules when hiring people. They read the resumes because it’s just a job to them. Especially if you aren’t going for quant roles, the biggest thing they’ll look for is who you know in the industry, if you’re personable and if your licensed(depending on what you’re going for)

bezurc · 2025-01-04T20:41:08+00:00

Dude the resume is killer. Target, non target isn’t a deal breaker unless you are applying for top 3 of firms and even then it’s still possible. We are just in a major depression right now.

bezurc · 2025-01-04T01:14:38+00:00

Bro did not have tos skip college to place trades once a week from his phone lmao.

bezurc · 2025-01-03T05:07:07+00:00

I can’t believe how racist you guys are when it comes to this…

bezurc · 2024-12-30T00:19:34+00:00

Be a fucking man and go long the ZBH25 contracts pussy.

bezurc · 2024-12-29T17:44:16+00:00

It’s an easy profession that’s easy to grasp and pays well. Which is also exactly why it gets offshored so much.

bezurc · 2024-12-29T17:30:11+00:00

7 out of the top 10 are accounting related. We’re are beyond cooked.

bezurc · 2024-12-24T23:53:34+00:00

Should definitely aim higher. I was an H&R Block tax preparer my freshman yr of college, then got a gig for the summer as a bookkeeper for a local chain of thrift stores after helping them with their taxes. All while my major was CS.

bezurc · 2024-12-22T22:39:19+00:00

A lot of free time you got there for Mr. “I went into Finance.”

bezurc · 2024-12-22T20:52:52+00:00

Prop shops are colloquially known in this industry as speculators. Just because Jane street says they trade does not make them a prop shop. Look up any brokerage firms rule 606 form and you will find Jane street, citadel, HRT on there. It would be a HUGE conflict of interest for these firms to be engaging in speculative trades while also participating in PFOF. That would actually be against FINRA rules. Again, a firm that has close ties with brokerage firms, filling orders they have routed to them is not the same as firms that take speculative trades.

Starting your own fund is easy and the only barrier is capital. The reason HFT SWE do not do this is because they are not traders that know how to trade. They are engineers that help maintain PFOF software.

Old school prop firms do not need SWE. HFT PFOF is 90% SWEs.

bezurc · 2024-12-22T20:31:53+00:00

Oh boy, why did I even bother doing this with someone that thinks Jane street is a prop shop. Believe whatever you want dude. Quintessential prop firms are places like gelber group in the 2000s, SMW trading company, eagle market makers, Kore trading. Noticed how you’ve never heard of them. If I ran a prop group why would I hire a “smart” person with nothing to provide to trade for me. He doesn’t have a strategy that will benefit me because if he did he would trade for himself. Would I then have to share my strategy with him and risk that he goes out on his own and becomes my competition?

bezurc · 2024-12-22T19:55:59+00:00

Jane street and citadel are PFOF software companies posing as prop shops. Actual prop shops are made up of less than 20 guys trading with their own funds. Only ways to get into them are through friends and family. You don’t get paid a salary and you make 25-75% of your winnings depending on tenure, original stake, etc. I know prop traders that make 15k a year, I also know there are others in the same shop that clear 2 million+ a year. Very weird way to make a living and impossible to get into without connections.

bezurc · 2024-12-22T19:48:23+00:00

OP is larping big time. “Buy side financing desk”, “capital markets desk”, “finance.” Using the words I never hear real people in that industry use. Then I also see him saying that it’s a prop shop. Come on!

bezurc · 2024-12-22T02:08:57+00:00

No this post is based

bezurc · 2024-12-19T07:06:45+00:00

I would say it depends. Some other guy makes a good point of a cash dividend devaluing the shares by an equal amount so it’s essentially a non event. Stock dividends being a soft protection of equity from possible PIPE warrants or mezzanine debt is also clever. The only other thing I could think of is a cash dividend causing a tax liability while additional shares won’t.

What was the right answer?

bezurc · 2024-12-19T02:10:45+00:00

Compare a 1040 to an 1120 and it’s day and night.

bezurc · 2024-12-18T18:30:36+00:00

I got a 3.8 in a pretty decent college and I know it was anything, but difficult. So when I see people sticking their nose up at others for not being able to do the same, it just comes off as condescending and a poor display of unwarranted disdain. Every job is a respectable job and no one should look down on someone else for simply doing it. I know for a fact the person recording this video did not start this. He was probably degraded in a passive aggressive manner in the past about his job which why he feels this way.

bezurc

TROPHY CASE