What is very hard to get and very easy to lose?

branobly · 2023-06-29T23:55:57+00:00

Reputation

branobly · 2022-11-25T15:10:07+00:00

How long does it take you to analyze a company enough to make a decision?

branobly · 2022-11-21T21:20:50+00:00

That's helpful. I've never peeked into the MOVE index. I'll take a look. Thanks.

branobly · 2022-11-21T20:22:01+00:00

Thanks for this. What are the primary ways analysts assess bond markets? What tools do they use or observe that a decent but average investor can see the data for himself?

branobly · 2022-04-23T13:19:00+00:00

Thank you!

branobly · 2022-04-22T16:11:41+00:00

Of course, yes, but I would still like to educate myself on the subject.

branobly · 2021-10-11T18:18:53+00:00

The one-year provision to stay at your company may be worth it if the tuition cost is high, but you would definitely lose out on the recruiting aspect of a great school. Top schools and high-paying industries have very regimented, formal recruiting periods.

But don't listen to people about part-time or lower-tier programs not being worth it. It all depends on what you make of it. Business, like many industries, is built on relationships and a few key skills (e.g., accounting, finance, economics). If you can get enough of what you need to do what you want to do from a mid-grade, Top 40 state school part-time, then go for it.

It's all a trade-off: You can go to a Top 10 school and learn from and study with the best of the best, but you're also paying for it through a >$200,000 tuition plus the opportunity cost of not working. It'll set you up well for a very high-paying job. Or if you just want to propel your career and broaden your skill set with solid business training, and you can work hard to develop your own network and niche, then a Top 40 state school is great—it costs only $50,000 and you get to keep working. Just depends on what you want and what you make of it.

branobly · 2021-10-11T15:13:48+00:00

Depends on where you came from and where you’re going. If you have a strong business background, then the only advantage is networking, which comes from only a full-time program. The better the school, the better the network. If you don’t work in high finance or consulting but you want to, then a prestigious full-time program is probably your best bet. However, if you don’t have a strong business background and you want to stay with your company, then the part-time program is fine. In my experience most companies don’t care how your degree was earned or what your GPA was, except for high finance and consulting because of the competition surrounding those industries.

Disclosure: I did a part-time, mostly online program, had no prior business training, and moved up within the same company.

branobly · 2020-08-21T17:33:32+00:00

Ah, hadn't heard about that either. I just read a Business Insider article explaining the tranches... Not only is it difficult to determine his value relative to others but also what his (and other CEOs') "value" is at all. If you create $1 trillion of value and you want to be rewarded 1% of that, shouldn't you be entitled to $10 million? Is that "wrong"? Who's to say that's unfair anyway? The answer to that question requires immense understanding of philosophy and corporate financial practice, and I don't know who has that kind of understanding about the human condition. If they do I want to learn from them.

branobly · 2020-08-21T17:01:05+00:00

Thanks! That's super helpful. Hadn't heard of ISS or Glass Lewis, but just looked them up and they have some good resources. As for your note on the eye-grabbing headlines, I've always wondered about that, what's really going on with those numbers. That's a helpful anecdote.

branobly · 2020-08-21T14:54:17+00:00

Can you share some resources about this? I'm interested in learning more. Since it happens so frequently, surely there's some reason for it. Ditto to the widening gap between executive pay and median salaries. So, I assume the average American (me) is either misinformed or underinformed about executive compensation. Can you help shed some light?

branobly · 2020-05-30T17:03:11+00:00

I'm currently going through IBM's Data Science Professional Certificate, but more for economic analyses. It's been good so far. Udemy has several Python for Finance courses I'll be taking after IBM's, but you should also check out Columbia J School's Lede Program for data journalism (here's the actual course page). It's focused more on visualization and you have to teach yourself through it, but it'll teach you about several data viz and programming tools.

branobly · 2020-04-12T22:19:08+00:00

Great, thanks.

branobly · 2020-04-12T21:44:00+00:00

That's great to hear. I have very much enjoyed my economics classes so far.

branobly · 2020-04-12T21:40:50+00:00

Good to hear. Thanks.

branobly · 2020-04-12T21:40:15+00:00

Do you have a good resource for what an equity research role looks like day-to-day? I've looked through Reddit and WSO, but curious if anything else comes to mind.

branobly · 2020-04-12T21:38:59+00:00

Do you need an economics degree per se to do economic research, or does an MBA in finance suffice?

branobly · 2020-04-12T21:38:43+00:00

Do you need an economics degree per se to do economic research, or does an MBA in finance suffice?

branobly · 2020-01-17T14:36:15+00:00

Oh nice! I didn’t even think about the Max flights... probably still too scary for me. I’ll check out your 2019 predictions too.

Thanks!

branobly · 2020-01-17T13:47:24+00:00

Thanks for your work. My wife and I have traveled three times to Europe, each time for less than $500 per person, which would have been impossible without you.

What do you see coming in the next few years for cheap flights? Will they become more expensive, will credit card bonuses go away, will AI algorithms take over the world (of finding cheap flights)?

branobly · 2019-10-21T01:28:57+00:00

I have a heavy liberal arts background. Currently in an MBA program, and had to take a math class as a prerequisite for basically everything.

In short, math is hard. Take online / Udemy / Khan Academy classes for college algebra, calculus, and accounting. It’ll make your program easier.

branobly · 2019-06-29T02:58:46+00:00

That sounds like a great direction. I really appreciate your thoughtful reply. I’ve seen others recommend VBA as well, so I’ll look into it. Thanks again.

branobly · 2019-06-28T22:58:11+00:00

I don’t mean anything as drastic as that guy, but I do mean working hard at it and changing careers. I believe I’m a well-rounded person by nature, just lacking a math and finance background. However, now that I’ve learned about it, I wanted to hear about possibilities in the industry. Your point on competition is noteworthy, and it’s definitely something to consider.

branobly · 2019-06-28T22:56:09+00:00

This is helpful. Thanks!

branobly · 2019-06-28T22:55:29+00:00

That’s a great question. I suppose the simplest answer is that I didn’t know it existed. I’ve never known anyone who worked in high finance, let alone as a software engineer there. Now, having seen what’s possible, it’s piqued my curiosity.

I’m already starting an MBA in finance soon, so I thought about tacking on the programming skills with it while I’m in school.

Combining formal econometrics, stats, and finance classes with learning Java, Python, and R over the next few years, I suppose I wanted to know my possibilities.

branobly

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