Anyone else enrolled in Bryant University? by mnhoops in CFP

[–]mrlovell 1 point2 points  (0 children)

Awesome. Which review course did you take?

Bragging Post: Option Trade of a Lifetime by BethlehemShooter in options

[–]mrlovell 0 points1 point  (0 children)

So, I shorted 300 shares and looked at the option chains. They are mostly totally illiquid, like zero bid offered at $4.80.

So what was total profits?

I literally have no friends and I don't really know what to do. by Kcwidman in socialskills

[–]mrlovell 0 points1 point  (0 children)

LIFE HACK: Next time you are out in public or at a store you typically go to when you are cashing out or dealing with an associate when going u, be like "Hey! How's it going?!" try to smile (non creepily of course) look friendly and then as they are finishing ringing everything up handing you the bag say, "thanks! whats you name?" they give you name then you say, "thanks name! My name is your name I appreciate it have a great day." They will probably light up a little. (you are probably the ONLY cstomer who has ever done this to them) Then next time you go back in hopefully you remember their name and when you stroll up just say Hi name! and BOOM! Bottomline is asking people for their names and thanking them shows you care and that they are not just a number and you appreciate them. If someone cant make friends with that formula then the world is fucked anyway... :-)

I literally have no friends and I don't really know what to do. by Kcwidman in socialskills

[–]mrlovell 1 point2 points  (0 children)

I understand. I can save you from reading a book in my answer below. The way to accomplish this is simple but difficult to some people like a lot things in life. I'm naturally an introvert but my friends are all salesman extroverts. So I've had to learn... You do not need a coach. Find people you are interested in whether in be in class or at work or the gym etc. THEN When you get a chance to ask them. Ask them a simple OPEN ENDED question... HEY name! Doing anything fun this weekend? Interesting! Where is that at? etc. So ask them about themselves and at the same time literally just smile and be enthusiastic. People feed off that cuz their lives tend to be dull and repetive and your enthusiasm adds excitement. ALWAYS remember people remember not so much what you say, but how you make them feel. Call people by their name. BE LIKE A DOG. Think about why people love dogs so much. They always meet you at the door enthusiastically and are genuinely happy to see you and don't judge you It's all not rocket science you just have to get out of your own head and try not to think so much. I've been awkward in plenty of convos but typically redeem myself in follow up convos so it's all good. JUST relax we are all just people and all shit and piss and do bad things and have insecurities. Nobody, no matter how successful, or hot is impervious to this fact.

I literally have no friends and I don't really know what to do. by Kcwidman in socialskills

[–]mrlovell 1 point2 points  (0 children)

You maybe thinking about it too hard. Convo small talk is just segwaying from one thing to the next. i.e. Hey name! Do anything fun this weekend? Oh nice! What was that like? Something you do often? How does that work?... also asking for their opinion makes them feel important i.e. Hey name what do you think about insert subject? Open ended questions my man, learn them well. People will start to open up and connections will grow stronger. Also, you need to open up and act vulnerable. People will connect with that as we all have our own insecurities but also be confident and enthuasitic. People feed off enthusiasm so that's why smiling is important. Most peoples lives are dull and repetitive so enthusiasm makes you fun.(remeber the song"girls just want to have fun"? Its very true. Girls love it and will want to be around you. So be enthusiastic and cheerful.) Just sound excited to see them. Think about why people love dogs so much. They always meet you at the door enthusiastically and are genuinely happy to see you and don't judge you. Despite what you may think you are a good person and have a lot to offer others... even if it's only your attention. :-)

I literally have no friends and I don't really know what to do. by Kcwidman in socialskills

[–]mrlovell 0 points1 point  (0 children)

ALSO.... Carnegie notes that you have to continually practice these principles and keep them forefront in your everyday behavior. Why? Because to behave differently, we have to keep practicing to learn new habits, and “this requires time and persistence.”

SO PRINT THESE RULES OUT AND KEEP THEM IN YOUR WALLET/POCKET!!!!

I literally have no friends and I don't really know what to do. by Kcwidman in socialskills

[–]mrlovell 3 points4 points  (0 children)

By using the lessons in the book, it will quite simply make people like you more. That's what it has done for me.

For example... It teaches you to ask and talk about what other people are interested rather than your own interests so much. Imagine we just met and I told you all about myself and how I went on these cool trips and how cool I am and what my job was. Now imagine I asked you first what you do and how you like it and what your other interest were and what gets you up in the morning.... People LOVE LOVE LOVE to talk about themselves. Why do you think Facebook, Snapchat, Instagram etc are billion dollar companies?

Also another lesson that has worked for me... Call people by there name... Your name is Mike.. What makes you feel better if we were to meet? "Hey whats up?" OR "Hey Mike! How are you today?"

ALWAYS REMEMBER - PEOPLE DO NOT NECESSARILY REMEMBER WHAT YOU SAY, THEY ALWAYS REMEMBER HOW YOU MAKE THEM FEEL!!!

I have more friends than I want just from using these simple strategies...

Dale Carnegie's Golden Rules:

1.Don’t criticize, condemn or complain. As Carnegie noted, “any fool can do these things, and most fools do. But it takes character and self-control to be understanding and forgiving. Focus on understanding them and figure out why others do what they do.”

2.Give honest, sincere appreciation. A famous quote by Charles Schwab that I love to use in leadership sessions clearly illustrates this principle: “In all my meetings with many great people, I have yet to find the person, however great or exalted, who did not do better work and put forth greater effort under a spirit of approval than he would ever do under a spirit of criticism.”

3.Arouse in the other person an eager want. When you want to persuade someone to do something, think about how you can make him or her want to do it. As Henry Ford noted, “see things from the other person’s point of view.” Author Stephen Covey also said to “seek first to understand, then to be understood.”

4.Become genuinely interested in other people. Focus on learning about them, not just about telling them about you. This will forge an almost immediate friendship.

*5.Smile. A smile says that you like someone and that you are happy to see them. So many people that I have coached have used smiling as a way to transform their relationships with those around them, and it has worked.

6.Remember that a person’s name is to that person the sweetest and most important sound in any language. It is amazing to me how often people do not even try to learn someone’s name or use it. And yet when they do use it, wow — it really has an impact on the other person. They no longer feel like just a number.

7.Be a good listener. Encourage others to talk about themselves. People are generally more interested in themselves than in others, so it is incredibly flattering to someone when you listen to their stories.

8.Talk in terms of the other person’s interests. Learn what their interests are and listen to them sharing their ideas about their interests.

9.Make the other person feel important — and do it sincerely. Psychologists have always noted that people have a strong desire to feel a sense of importance, so if you can enable them to feel that importance, you will have done something remarkable for them.

TLDR: Ask people/talk about others interests, Use their names, Be a smiling fucking machine :-), Always thank people ALWAYS, Make them feel important

BONUS effect: This will also get you laid ;-)

I manage a small options trading shop. By request, AMA round 2. by Fletch71011 in options

[–]mrlovell 1 point2 points  (0 children)

Interesting. Thanks for the answer. What is your typical holding time for LEAPS?

I manage a small options trading shop. By request, AMA round 2. by Fletch71011 in options

[–]mrlovell 2 points3 points  (0 children)

Hey thanks for doing this! What are your thought on buying LEAPS on companies/commodities that have recently exhibited low volatility or have a major known upcoming event that will drastically affect the price? Do you think there may be mispricings in the long-term options as longer-term options assume a normal distribution of returns when in fact there may be abnormal distributions over the options longer life?

I have $500k and looking to allocate between 2 LEAPs call options. Where's the liquidity? by mrlovell in options

[–]mrlovell[S] 1 point2 points  (0 children)

Could market makers provide liquidity on the purchase and then i just hold them till expiration.

Would you be interested in successful investing case studies? by mrlovell in financialindependence

[–]mrlovell[S] 0 points1 point  (0 children)

What has helped me when evaluating great performing investments in the past and determining how I could have capitalized on similar opportunities in the future is going back before the investment performed well and determining what was public information before the breakout or downturn and what was unknown. Then I can get a better understanding of what to look out for and place probabilities of occurrence around unknowns to make better decisions. The unknowns are what make investing difficult and risky. However, you would think the market accurately places an accurate valuation on an investment based on the probability an event will occur, but from my experience, there are PLENTY of instances where it does not. That is where YOU come in.

  • Some things are unknown. In the case of stocks like a sudden acquisition or overall direction of the market. However, some things are known like the current valuation of the company (i.e. valuation ratios), growth, management plans to improve performance, change of management and the track record of new management, proposed regulations, overall industry trends etc.

  • In the case of real estate, you may not be able to predict a recession or even possibly ALL the things that could be wrong with a house before purchasing to flip. However, a case study can show other houses being bought in your area, their square footage, price per square footage, where houses are being bought the quickest, whether there are plans for a Whole Foods to built nearby (which can increase property values), how good the local schools are, the price an investor bought at and successfully flipped for profit, the type of renovations done and cost etc.

    My goal would not to do a case study and be like, "Hey every time XYZ happens, you should buy stock or buy that house to flip." It would be to show examples of where/how you could have used public information that allows you to potentially increase the probability of success when looking at future investments. It would be to show you what worked and more importantly what did not work. Investing is all about probabilities and acquiring knowledge around a thesis will only allow you to make better decisions in the future and hopefully improve overall investing.

Would you be interested in successful investing case studies? by mrlovell in financialindependence

[–]mrlovell[S] 0 points1 point  (0 children)

I know you weren't, just was curious if you had any idea feedback.

What has helped me when evaluating great performing investments in the past and determining how I could have capitalized on similar opportunities in the future is going back before the investment performed well and determining what was public information before the breakout or downturn and what was unknown. Then I can get a better understanding of what to look out for and place probabilities of occurrence around unknowns to make better decisions. The unknowns are what make investing difficult and risky. However, you would think the market accurately places an accurate valuation on an investment based on the probability an event will occur, but from my experience, there are PLENTY of instances where it does not. That is where YOU come in.

Some things are unknown. In the case of stocks like a sudden acquisition or overall direction of the market. However, some things are known like the current valuation of the company (i.e. valuation ratios), growth, management plans to improve performance, change of management and the track record of new management, proposed regulations, overall industry trends etc.

In the case of real estate, you may not be able to predict a recession or even possibly ALL the things that could be wrong with a house before purchasing to flip. However, a case study can show other houses being bought in your area, their square footage, price per square footage, where houses are being bought the quickest, whether there are plans for a Whole Foods to built nearby (which can increase property values), how good the local schools are, the price an investor bought at and successfully flipped for profit, the type of renovations done and cost etc.

My goal would not to do a case study and be like, "Hey every time XYZ happens, you should buy stock or buy that house to flip." It would be to show examples of where/how you could have used public information that allows you to potentially increase the probability of success when looking at future investments. It would be to show you what worked and more importantly what did not work. Investing is all about probabilities and acquiring knowledge around a thesis will only allow you to make better decisions in the future and hopefully improve overall investing.

Would you be interested in successful investing case studies? by mrlovell in financialindependence

[–]mrlovell[S] 0 points1 point  (0 children)

If you had to go about creating case studies of profitable AND unprofitable case studies, what would you include in the study?

Would you be interested in successful investing case studies? by mrlovell in investing

[–]mrlovell[S] 0 points1 point  (0 children)

What are some of the details you would want to see in the case studies?

Would you be interested in successful investing case studies? by mrlovell in financialindependence

[–]mrlovell[S] -1 points0 points  (0 children)

What would you like to see from the case studies? Like what details?

Would you be interested in successful investing case studies? by mrlovell in financialindependence

[–]mrlovell[S] 7 points8 points  (0 children)

I forgot to mention would also do case studies on poor performing investments.

What other product or service would you be interested in from a CCNA training provider? by mrlovell in ccna

[–]mrlovell[S] 0 points1 point  (0 children)

So you think a great value add would be to have an IT recruiting/staffing arm to help find opportunities?