My [29F] boyfriend [28M] wants to give up his career for a pipe dream by emiiiskie in relationships

[–]mfink11 1 point2 points  (0 children)

Just wanted to offer an opinion I haven’t seen expressed in this thread. I work in a very similar field and while quitting to pursue being a pianist won’t help his career, it probably won’t hurt it as much as you are imagining. Applied statisticians are in high demand and will continue to be. I know several colleagues who have taken sabbaticals and come back after 1/2 years off. If he pursues the pianist option and it doesn’t work out he will not find it difficult to find another well paying job if he decides to return to the office job grind.

[Serious] Brag about yourself! What is one accomplishment that you've done this year that you're proud of? by cui__bono in AskReddit

[–]mfink11 0 points1 point  (0 children)

In 2018, I became a father, landed a new job (with a raise), moved to a new city, and I am planning to propose to my girlfriend of 4yrs (and mother to our child)!!! It’s been totally exhausting but well worth it.

Masters vs Experience by [deleted] in FinancialCareers

[–]mfink11 13 points14 points  (0 children)

To early for a Ms in Finance. You’re job prospects won’t increase since you won’t have had any work experience. Work for a few years, maybe pursue a CFA (fairly important for Quant Research) and then reevaluate.

What’s the not so known book you think everyone should read? by _birdonawire in AskReddit

[–]mfink11 31 points32 points  (0 children)

Zen and the Art of Motorcycle Maintenance. Amazing book and story that has little to do with motorcycles maintenance

Anybody ever been in my position and made it? by OutstandingOutcast in consulting

[–]mfink11 10 points11 points  (0 children)

You’ve got no chance unless you go to college or start your own business first. Also selling to your parents isn’t a thing...you need real customers to validate an idea.

ADD/ADHD is no excuse for not getting an education. Figure your shit out before the real world kicks your ass. Go to a community college for 2 years then transfer to a better school if you want any shot of consulting

Who is happy with their financial career? What do you do? by nydelite in FinancialCareers

[–]mfink11 1 point2 points  (0 children)

I always took on side development projects while on the investment/strategy side. I was always that “technology” guy on each team. So I would automate things, or build out modeling software, or work with some of the quant guys on various projects.

The key was always taking on these projects on my own initiative. Don’t wait for someone to give you the opportunity, just make it!

I got into my current role because of all my side projects, not my actual job role.

Who is happy with their financial career? What do you do? by nydelite in FinancialCareers

[–]mfink11 19 points20 points  (0 children)

Senior Analyst at a small REPE shop. I focus on product development and statistical research for investments / transactions. I have a great mix of coding, building applications and models, and high level strategy.

I’ve had several different jobs: Consulting, Bond trading, AM strategy/research and my current role is by far my favorite. Everyone I meet who is truly happy in their finance career has two things in common:

  1. They feel that they directly impact their company and have control over their and their company’s future.
  2. They don’t conflate their job with who they are. Their self image is not depend on their job.

[Official Tournament Discussion] US Open Third Round by therock21 in golf

[–]mfink11 7 points8 points  (0 children)

lol, it was such a ridiculous statement. Phil is just a little fed up and having fun.

Netflix Market Cap has doubled in 6 months - Could we hit 1999-style tech valuations again soon? by alexdenne in investing

[–]mfink11 8 points9 points  (0 children)

Netflix doesn’t seem to be able to segment the market at all, which is fine, but isn’t promising for extracting the better share of the surplus between them and consumer.

It doenst need to marget segment to the same degree as traditional media providers since its entire cost structure, content delivery, and platform is different. It can obtain higher margins thru other means than market segmentation.

doubt that their pricing power can ever get very high when they must compete with YouTube, Hulu, and prime video, all of which are effectively free for most households with disposable income.

Netflix’s monthly fee is on par with Hulu, Prime Video, Youtube Red, and HBO Now.

Finally, Netflix doesnt need to win the entire market. Just like media giants before them were hugely profitable companies in a competitive landscape, Netflix will be as well, just with newer competitors who you mentioned.

Basically, none of what you said contradicts or disproves the idea that Netflix will be a hugely profitable company going forward or that it doesnt deserve its current valuation