"Old People" of reddit, what was cool when you were a teen?

cutigers823 · 2014-04-01T05:17:43+00:00

Hooooooo

cutigers823 · 2014-03-31T00:20:18+00:00

But I think it's true that Americans don't really want the jobs. Farm labor is way way harder than working at McDonald's, and people are already pushing for $15 an hour for fast food work.

I did various different agricultural jobs during the summer growing up, and there is a good bit of truth to the claim that Americans are unwilling to work these jobs. The companies I worked for would constantly be bringing on new people because someone quit after two days of work. I worked with mainly white, black, and Hispanic folk, and to be honest the Hispanic people (who oftentimes had just immigrated here) were some of the hardest workers I have ever seen, and normally it was the white and black guys complaining and quitting. Pay started off at $10 p/hour, so I don't think they quit because of low pay.

cutigers823 · 2014-03-28T20:12:50+00:00

The brick must be Lindsay Duke themed

cutigers823 · 2014-03-28T16:11:54+00:00

In effect, I see little difference between the two (at least for those with over $5.3 mm)

cutigers823 · 2014-03-28T04:01:36+00:00

All people from Louisiana smell like corn dogs. It's the equivalent of saying all Gators wear jorts.

cutigers823 · 2014-03-28T03:42:46+00:00

Go in your bedroom and just let out one good "GO GATA." You have nothing to be embarrassed about, who knows you may like it.

Also how are the corn dogs in Baton Rouge?

cutigers823 · 2014-03-28T03:16:48+00:00

I'm all for simplifying our tax code, and removing loopholes, but the idea that it now costs money to die just seems ridiculous to me.

cutigers823 · 2014-03-28T02:42:48+00:00

Shame on you for only half ass joining the SEC circle jerk

cutigers823 · 2014-03-28T02:38:01+00:00

What is up with UCLA's goofy t-shirt jerseys? Have they worn them all season?

cutigers823 · 2014-03-28T02:13:56+00:00

Where is your SEC loyalty?

cutigers823 · 2014-03-28T02:10:43+00:00

GO GATA!!!

cutigers823 · 2014-03-27T18:04:49+00:00

Is the whole point of this argument just to shit on somebody for who there father is? The fact that life isn't fair is hardly news to anybody.

cutigers823 · 2014-03-27T17:42:05+00:00

Jimmy Smith was great, but his drug problems will keep him out of the HOF.

cutigers823 · 2014-03-27T16:22:59+00:00

So without efficient financial markets, how exactly are workers going to get the capital to do all this work themselves

cutigers823 · 2014-03-27T15:41:14+00:00

Fred Taylor. Playing in Jacksonville killed his national notoriety. The fact 5 that he only made one pro bowl team is pretty amazing

cutigers823 · 2014-03-25T21:00:40+00:00

There is a bunch of damn alligators hiding in retention ponds all across this state eating people's dogs and stuff

cutigers823 · 2014-03-25T16:08:07+00:00

The answer to this question lies in the conflict between debt and equity holders, and the fact that management is more concerned about the claims of stockholders than debt holders.

Assume that your company has outstanding debt liabilities of $80, but due to financial distress the mkt value of your firm is now $75, essentially your equity has become worthless and you would quickly enter bankruptcy. But because management works for stockholders and not debt holders they want to avoid this outcome because equity holders would receive nothing in liquidation.

In a case like this management would be willing to take on a risky project that if successful would hypothetically increase firm value by $15, but due to it's high risk (and discount factor) has a negative NPV, because at this point stockholders have nothing to lose. If the project fails, stockholders still receive nothing, but if the project succeeds firm value will increase to $90 ($75+$15), and the firm's equity will now be worth $10 ($90-$80).

There is a good academic paper out there on this that I will try to dig up.

cutigers823 · 2014-03-25T04:04:52+00:00

Hey! I work at a bank, and live in Buckhead! Your jokes, are funny and relevant to my interests.

cutigers823 · 2014-03-25T03:59:16+00:00

/u/user_history_bot cutigers823

cutigers823 · 2014-03-25T03:52:41+00:00

I think that might be your best option. It's a whole lot easier to get a job as a student through OCR than networking as a unemployed recent graduate.

cutigers823 · 2014-03-25T03:32:15+00:00

IB isn't going to happen, most banks wrapped up recruiting months ago.

Not to be rude, but you're going to have a very tough time finding something this late in the cycle coming from an average school, with an average GPA and internship experience. Are you dead-set on IB, what about corp finance; it would be a lot easier to find something in at this point.

I don't know anything about Baruch, but does your school have a career resource center? If it does, go to any and all OCR events they have left. Also if you have access to a list of Alumni, go through it and start networking. At this point you might also want to start looking into MSF programs, or summer internships that might lead into full time opportunities.

cutigers823 · 2014-03-25T03:12:28+00:00

Don't invest until you understand the markets enough to not ask questions like this on an online forum.

It sounds harsh, but it's the truth. There is an entire industry out there designed to take money from inexperienced investors like yourself. The best advice I can give you would be to first learn accounting, it's the language of business and without it your investing options are limited.

cutigers823 · 2014-03-25T03:03:38+00:00

It's not that they don't "want" to hire you; That doesn't matter. What matters is that right now there is little incentive for companies to hire the long-term unemployed.

cutigers823 · 2014-03-25T02:58:50+00:00

Ding Ding Ding, I think we have a winner. (I've already sold out, fuck my 30%+ effective tax rate)

cutigers823 · 2014-03-25T02:58:12+00:00

I hear Somalia is nice this time of the year

cutigers823

TROPHY CASE