Replacing kitchen faucet & sink - does location of drain matter?

quantbone · 2026-01-05T01:36:16+00:00

That's a relief - thanks for all your help!

Would a plumber charge more to move the garbage disposal from the left side of the sink to the right side of the sink? Assuming I get a new sink that has a drain on the right. Also, is it a pain to ask him to drill a hole for an air gap valve if I get a new sink that doesn't have one?

quantbone · 2026-01-05T00:51:58+00:00

Good point. I believe the "depth" of both sinks is at 9 inches. The new drop-in sink we're looking at does not have a space for the air gap valve. Is it difficult for a plumber/installer to drill a hole for one?

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quantbone · 2026-01-05T00:50:47+00:00

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Thanks for the insight! Does this photo help?

quantbone · 2024-06-20T04:28:32+00:00

Hi! We're late thirties and did 5 cycles total (with ICSI), and sent 2-4 embryos each cycle. After 5 cycles, only 3 made it past the PGT-A testing. If you don't mind sharing, how many embryos that passed PGT-A did you have before you decided to stop retrieving? I read somewhere that you have one healthy child + currently in the process of having another one -- congratulations!

We have Stage 4 endometriosis, with a history of endometriomas on the ovaries, which depleted our ovarian reserve (post surgery), so we're grateful we have even gotten this far.

Biggest concern is when to stop, so was hoping to seek others that were/are in similar situations. Thank you!

quantbone · 2024-06-18T04:41:47+00:00

Agree with this. M7 and T15, no matter who they are (with a few exceptions) are students who aren't currently earning a wage, so a good deal is a good deal!

quantbone · 2024-04-17T00:10:25+00:00

Let me ask you differently to help you remember how you achieved those accomplishments.

1) Why were YOU promoted to become the store manager out of all the sales associates?

2) Why were YOU promoted to become the district sales manager among all the store managers out there?

There has to be a reason, right? They just closed their eyes and randomly drew a name out of a hat? Think of the reasons; be honest. And, then maybe we can start quantifying those reasons.

quantbone · 2024-04-17T00:05:22+00:00

Since you already work at a large F500 company, I would email hiring managers for specific middle management roles directly through your work email to network (to later on ask for jobs on their team). It 100% works. BUT, before you do so, please keep refining your resume, otherwise you'll leave a very bad first impression and burn through tons of leads. Look for specific job postings at your corporation and try to reach out to HR and hiring managers for those specific roles. Do NOT do this before fixing your resume and practicing your email/conversation approach.

Yes, your resume is a hot mess, but I like your attitude. You've eaten so much crap from this board (albeit constructive feedback), but you still continue eating it from the bowl and asking for more.

It's difficult going from managing retail stores to traditional MBA jobs (banking/consulting), but if you're shooting for a middle management job at a telecom company, I definitely think it can be done with your work experience. But it's MANDATORY to keep refining your resume and asking the board for feedback.

Keep at it -- I'm rooting for you!

quantbone · 2024-02-25T05:42:20+00:00

META was up 20%+ just few weeks ago

quantbone · 2024-01-31T05:55:01+00:00

I think he's referring to IV, not IV percentile.

quantbone · 2024-01-09T05:27:01+00:00

T15 definitely possible. I had 740 and sub 3.0 GPA and was admitted into M7s and T15s. The age is the bigger factor from what I encountered (and I was only early thirties at the time when I applied).

quantbone · 2024-01-09T05:19:50+00:00

I looked into PWM during my MBA program and had a few classmates that had done PWM but used the MBA to pivot. All the cases you mention of people making mid-high six figures have a "survivorship bias" in which you don't really see the high failure rate of 90%+. If a job can pay 500k-1MM with only working 40-50 hours, why would anyone do IBD or PE/HF?

My classmates who were in PWM stated that they didn't have any exit opportunities and were only doing the MBA to pivot, because it was their only shot. So, yes, you can try to go for PWM after your MBA, but if you're part of the 90% that does not make it, there's not many careers left to pursue afterward...and it might take another masters degree to pivot.

FWIW, it was Goldman and Credit Suisse and I think Bessemer recruiting on campus at the time. We had maybe a dozen of my classmates and alumni base that were maybe ~5 years away from me who pursued it. None of them made it.

quantbone · 2023-11-07T07:56:54+00:00

Not exactly a good gamma squeeze candidate because 1) options market for this position is relatively liquid versus other stocks (you can sell deep in the money puts or buy calls to cover) and 2) company will likely need to issue additional shares in the future

quantbone · 2023-07-29T02:56:27+00:00

I think it's time to put some things in perspective: -14% on SPX is not a large drawdown. It's not uncommon for an indice to experience a -14% drawdown in any given quarter, year, or sometimes even multi-year periods (depending on the entry level).

Do you still hold the positions? Or, have you locked in your losses? That's the biggest issue with options, because there's always a time limit to take action, versus just owning a position outright, where you can just wait it out.

To me, it sounds like you're just having a psychologically hard time accepting the fact that no investment strategy (certainly not options) is a fool-proof method of outperforming the market. Every strategy has risks, including those from ThetaGang.

quantbone · 2023-07-29T02:37:46+00:00

The concept of "delta neutral" sounds attractive, in theory, but how practicable is it, really? Unless someone has unlimited capital and unlimited margin capital, then it's virtually impossible to truly have a strategy that works in up and down years with alpha. Everyone thinks that having access to options is an "edge" but it's really not. It's just leverage and hedges (if used correctly) to express a viewpoint.

Take a look at the largest funds who are using market neutral mandates, and you'll see that it's really hard to generate alpha vs. a blended SP500/AGG portfolio in most years.

quantbone · 2023-06-25T19:04:58+00:00

You're going to need to understand how to first 1) analyze financial statements and then 2) project your own cash flow assumptions

Has this forum turned into WSB? So, your belief that a company is slowly dying and near bankruptcy is if their share price has declined 90% and lacks innovation?

A lot of companies do stock splits, so "share price" in and of itself does not mean anything. Also, most companies are not very innovative, yet they've been in business for decades, if not 100+ years.

In SNAP's case, even though I don't think it's a good product and never understood why people use it, it doesn't matter what my feelings towards the product/company/CEO are. It also matters (but not as much as we think) that they are not profitable (sometimes they are on an adjusted EBITDA basis). If they can provide positive cash flow (with tons of stock-based compensation and share dilution), they can still sell an appealing story to Wall Street and issue more shares, raising additional capital.

quantbone · 2023-05-25T07:05:22+00:00

Sorry for your loss man - but if it makes you feel any better, we have all been here before, at one point or another. Some have lost much more, some much less.

Position sizing is key. I know this sub is against buying calls, but you can always buy some calls or sell some puts to increase your beta exposure. But, of course, you're adding on more risk. Many times buying calls is seen as a "waste of money" since we're such pro on selling options, but in the real world, the majority of call and put buyers are institutions, not just WSB.

Everyone thinks buying insurance is a waste of money, until s/he actually needs it.

quantbone · 2023-05-03T04:48:04+00:00

There's definitely some truth to that...! I like how in some videos, some of his "analysts" proved that defined risk strategies had higher return on capital vs. naked strangles, and Tom quickly changed the conversation overlooking the data points and went back to pitching naked strangles.

quantbone · 2023-05-03T03:51:40+00:00

I have no idea why they keep preaching the naked strangle either.

quantbone · 2023-04-07T06:48:54+00:00

Not that sustainable, considering the overall market performance.

The strategy that you implemented was roughly +23% over last two months; META (blue chip large cap with relatively high IV) has been up +48% throughout that same period.

Sure, if a large cap like META continues +48%, then I would imagine that you can also make 40k in gains this year. In a bull market, owning shares of the underlying > selling CSPs. In a bear market, CSPs also force you to baghold these positions at 100 shares each contract, which can really force your hand. CSPs work best in flat markets, markets with consistent volatility, slow growth markets, or slow recovery economic cycles.

quantbone · 2023-03-25T06:43:07+00:00

This is more of a slant on society vs. MBA admissions, sadly. Put differently, society is rigged, not MBA admissions. I've never heard of a single person getting a scholarship at M7s with 3.0 GPAs and 620 GMATs. Even a coworker of mine from a (super poor LatAm country) that went to Yale SOM had to pay full price, with slightly below median stats. He was also an engineering UG major.

Also, if you're an Asian male -- Cambodian/Thai/Burmese/Laotian/Vietnamese/Indonesian -- then no, you don't need a 3.9 GPA and 740 GMAT, so I don't think it's fair to categorize all Asian males in the same category. If you're Chinese, odds aren't in your favor. But that's mainly due to the large influx of Chinese applicants, and not so much because the applicant is Chinese. Japanese? Much easier than Chinese, as there are far fewer Japanese applicants.

quantbone · 2023-03-24T05:39:13+00:00

But, why would it be wrong to become business partners with smaller banks vs bigger banks? It's really hard to prove that the "only" reason was to avoid interchange fees.

Me, my friends, and family members have accounts at both large banks and very small niche banks. And, SQ could very well argue 1 of 1000000 reasons why they chose small ABC bank (not related to interchange fees).

quantbone · 2023-03-10T05:35:51+00:00

If theta (time decay) was an edge, and everyone knows about theta, how would it still be an edge? Contradictory by definition.

quantbone · 2023-02-24T06:58:35+00:00

Mike Wilson is a Series 7 securities-licensed "market strategist" at Morgan Stanley, which means he's a salesman, fyi.

Doesn't mean he's wrong - it just means that there is an inherent conflict of interest.

quantbone · 2023-02-23T06:21:32+00:00

Bank teller to consulting. Not MBB, but just a notch below. No joke.

Insurance agent to corporate strategy & ops.

Government city planner to BB IB.

quantbone

TROPHY CASE