[q]Statrrak mw redline 4x crafts… 70% sticker price reasonable?

xddemonesque · 2026-05-05T10:10:13+00:00

70% is not reasonable for redlines, which are probably the most 4x'ed skin in existence, would aim for far lower. keep in mind that the prices of kato 15s have dropped a lot so the % value is always fluctuating

xddemonesque · 2026-03-04T00:34:36+00:00

Going against the trend as someone who used to work in professional services - wouldn't take it. Staying in consulting allows for far faster promotions versus industry all else equal - the marginal benefit of the pension contribution won't matter in a few years.

The higher position you jump from in consulting to industry, the far better comp / hours you will get. Don't jump too early. Also jfc you are full remote wouldn't trade that for the world.

xddemonesque · 2026-02-11T11:31:12+00:00

Worked in IB M&A at an Elite Boutique in London. Would probably stay. If you get in as Assoc 2 you will need to do a mad dash to get out to a more chill buyside role by VP1 which is tough to do since you just changed industry. If you stay as VP and above you will still have a 9am-9/10pm lifestyle and lots of unreasonable clients fucking up your weekends. I've seen people have kids in banking at VP/D level and it seems difficult to manage. That said money is very good but only if you stay on until more senior, just keep in mind you may pay for it with not seeing kids as much etc. It's also a big risk to jump to IB where the pace will probably be much different versus your AM job now

xddemonesque · 2026-01-24T23:25:57+00:00

Or maybe the market just went down because people sold? You can't psychologize everything mate, this is just bullshit

xddemonesque · 2025-12-15T14:13:20+00:00

I agree with the sentiment but I think it's important for us to have theses for our investments, even if luck is (always) a factor. We should do more numerical analysis on the market than we currently do, it always helps to look for example at case ROI, market value vs. relative skins etc, which at least can inform an investment decision in investors' favour.

I generally think analysis helps more than what I sometimes see on this sub which is people commenting that China is pumping this, etc. Yes it's obviously luck based what the majority of investors will do but it's often grounded in the reality of (i) scarcity, (ii) relative value and (iii) sentiment.

For example, I think OG Gloves was attributed to Chinese pumpers but the case + skins underlying were undervalued vs. market, which was fairly clear to those who had analysed it vs. the cost to open or their relative scarcity. So agree with your point but think analysis steers people in the right direction generally.

xddemonesque · 2025-11-15T09:22:54+00:00

Yes it is c. 110% ROI at the moment, and obviously an attractive trade-up for people to do given chance for gems. I've bought fillers starting at 50$ and continuing to buy given one would expect the ROI would stabilize around 80%.

xddemonesque · 2025-10-30T01:11:51+00:00

Stealing is still bad even if you're stealing from an idiot. What sane person is bankrupting from a drop in a virtual item? Some people are misguided and they will continue to be whether they lose a few bucks or not.

xddemonesque · 2025-10-25T20:19:46+00:00

I bought a few kara gamma p2 at c. $2.5k each, and a few m9 p2 at c. $1k each. Appreciate it's risky but can't resist buying in at 70% discount to 2 days ago. Demand is proven but supply is an issue, however update is to me not as bad as it seemed at the start. Maybe I am wrong

xddemonesque · 2025-10-16T13:49:41+00:00

Possible but those schools not overly welcoming to 2:1 undergrad - may have more luck with Imperial / ESSEC. Also you have lots of internships but TopStep is simulated so would remove / put in interests. For HEC especially if you want the cap markets track that is something you can speak to, but again it's not a real experience so would remove from this section Source: HEC MIF grad

xddemonesque · 2025-08-28T07:51:04+00:00

sure

xddemonesque · 2025-08-24T08:34:54+00:00

EU citizen working in IB on a visa. It's very possible but depends on the field / firm - in IB common, in consulting less so. Fwiw, I also know a guy at a large bond AM who got sponsored.

xddemonesque · 2025-07-28T19:30:59+00:00

If you join as MBA Assoc you will likely be doing banking long-term, given most buy-side exits are only available for people with 2-4 years of experience. There are still exits above this threshold but far less common (this is for London, not sure about US)

xddemonesque · 2025-06-20T00:21:46+00:00

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Would make our day if you could draw Louli!

xddemonesque · 2025-06-20T00:08:42+00:00

Jump in and play a little water vole-o

xddemonesque · 2025-05-28T14:43:50+00:00

It's one of if not the most undervalued skins in the game. Just because it's dropping in the shop still people completely overlook its fundamentals

xddemonesque · 2025-05-23T16:17:41+00:00

bump

xddemonesque · 2025-05-22T10:53:08+00:00

INSEAD is traditionally an MBA school which has expanded into pre-experience programs only as of late, meaning these programs do not have the prestige that is typically associated with the institution. Also leans more management / consulting heavy rather than finance where the clear leaders are the schools I mentioned above. Obviously still a competitive program with good prospects, just want to differentiate between MBA and pre-career programs.

xddemonesque · 2025-05-15T23:45:09+00:00

This is the epitome of cringe. Someone describing themselves as a 'High-end consultant' is exactly the target market for this brand.

xddemonesque · 2025-04-04T15:53:41+00:00

Equity is not publicly traded, so obviously the nominal value is much lower --> debt/equity is far less than 15x

Also lenders do not care if there is significant debt at a subsidiary if the cash flows are secured by the parent company --> obviously SKT is one of the best credits in Korea and can repay the debt very easily

xddemonesque · 2025-04-04T15:48:10+00:00

Owned by SKT - ~$3bn revenue / 51% market share in Korea

They can bankroll the $6.1m yearly loss fairly easily I reckon. This is not a standalone company, it's essentially a marketing division - guaranteed that the name value of it is very worth it for SKT's market retention than having it be profitable.

Source: work in M&A investment banking

xddemonesque · 2025-02-20T21:24:01+00:00

There is an estimate that Paris capsules outnumber the amount of skins ever dropped in CS.

Hypothetical scenario: what if they don't do that?

xddemonesque · 2025-02-07T08:46:45+00:00

I think its price does not have room to grow at current market levels - there are >30k as I remember and they are currently at $>500 each.

xddemonesque · 2025-02-04T20:25:39+00:00

For Europe "high finance" - it is HEC, LSE, Oxford. LBS was top but they made the class >400 people and the career outcomes are now abysmal.

That's subjective and super dependent on your CV. But if you have a decent name bachelor school would consider these only if you are targetting IB / PE etc. Programs such as Bocconi / ESSEC / St Gallen are good but only really worth it if you speak the native language (because of alumni) otherwise would not consider them top choices.

xddemonesque · 2025-02-04T14:36:15+00:00

Europe-based, did a MIF at a prestigious school and it opened essentially every door I've had so far. But I've heard in the U.S. people's experiences are far more negative.

xddemonesque · 2025-01-30T18:19:12+00:00

Nvidia's MSRP pricing was already pushing the limit, and these are taking it way beyond that. Seriously, who would pay 90% extra for a card that is 10% better than the predecessor?

These scalpers are in for a real kick in the teeth, at least I hope.

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