Ask a finance major at Harvard..

[TheRascalKing]

Lol, people don't just "go to Harvard sometimes". Especially zokleteers of OP's caliber. I don't hate him, I find him funny actually. Nobody is buying his shit, we're just toying with him now.

[Zok Jr.]

Originally Posted by TheRascalKing

Lol, poor, black people don't just "go to Harvard". Especially zokleteers of my caliber. I don't hate myself, I find myself funny actually.

FTFY

[crazzyass]

Originally Posted by MAYOR

pnumbers while he may of made it back from Iraqi alive, did his thing, flew the flag, respect, but it seems he posts to a high degree about modern success in the highest degree, in the first person. Poking holes in some new member who only claimed he went to Harvard, yes people go to Harvard sometimes, just like some people drive a Benz, it happens.

tacho you know I knew this guy, started out at 16 with an IQ of about 66, highschool drop out, ran the streets. Now his IQ is probably 122; why? Because life challenges a man just naturally. All you're saying is "I never went to school". Well so didn't lot's of men. We know this poster is the type you hate and this is ad hominem.

everybody else blatantly shitting on this guy...

I wanna know about CDS (Credit Default Swaps): 1) Is the market saturated with them / can they ALL be liquidated? 2) When it comes down to default, in the sense of last resort, how does recovery work?

We're shitting on the guy, not because he claimed to go to Harvard, but because he is obviously lying about going to Harvard. Nothing he's said lines up credibly with how the world works.

He busts out some bullshit math and finance terms to prove his shit, but I'm actually an electrical engineering/mathematics major. So "Um, as you can see here, Fourier transforms let me look at any function with any combination of sine and cosine" doesn't fly with the crowd that knows what he's talking about. I'd love to quiz him on some more math.

[constantinople]

I dropped out of cal-tech after 3 years of a mechanical engineering and physics major everything said in this thread is nonsense.

[p6867]

I offer to take this kid to grill 23, post 390, via Matta some of the best restaurants in Boston, and he wants me to go all the way to Harvard square for fucking au bon pain. Also it was past 5 am. I was already asleep.

[TheRascalKing]

I'd do lunch with p6867 at Via Matta's and I don't even really like the guy.

[p6867]

Originally Posted by MAYOR

pnumbers while he may of made it back from Iraqi alive, did his thing, flew the flag, respect, but it seems he posts to a high degree about modern success in the highest degree, in the first person. Poking holes in some new member who only claimed he went to Harvard, yes people go to Harvard sometimes, just like some people drive a Benz, it happens.

tacho you know I knew this guy, started out at 16 with an IQ of about 66, highschool drop out, ran the streets. Now his IQ is probably 122; why? Because life challenges a man just naturally. All you're saying is "I never went to school". Well so didn't lot's of men. We know this poster is the typ

everybody else blatantly shitting on this guy...

I wanna know about CDS (Credit Default Swaps): 1) Is the market saturated with them / can they ALL be liquidated? 2) When it comes down to default, in the sense of last resort, how does recovery work?

I talk about modern success in the first person because I'm young and successful. While im not filthy rich right now, im doing better than pretty much all the guys I went to college with, with way better prospects for advancement.

Also, I know a lot of people who went to Harvard. I don't know anyone who transferred there from a community college. He could be taking a summer class or some such bullshit at Harvard, but he is almost certainly not full time Harvard student.

[shotse]

Originally Posted by crazzyass

I want to give Shotshe his fair chance.

thank you i appreciate that

Originally Posted by MAYOR

pnumbers while he may of made it back from Iraqi alive, did his thing, flew the flag, respect, but it seems he posts to a high degree about modern success in the highest degree, in the first person. Poking holes in some new member who only claimed he went to Harvard, yes people go to Harvard sometimes, just like some people drive a Benz, it happens.

tacho you know I knew this guy, started out at 16 with an IQ of about 66, highschool drop out, ran the streets. Now his IQ is probably 122; why? Because life challenges a man just naturally. All you're saying is "I never went to school". Well so didn't lot's of men. We know this poster is the type you hate and this is ad hominem.

everybody else blatantly shitting on this guy...

I wanna know about CDS (Credit Default Swaps): 1) Is the market saturated with them / can they ALL be liquidated? 2) When it comes down to default, in the sense of last resort, how does recovery work?

Idk why people are shitting on me. I just want to share my experiences with others and hopefully they can get something out of it, no one ever did that for me.

Your CDS question is one topic that I am very interested in. Funny you mention it about a week ago I attended a lecture on that. So to answer your question.

1. The market really isn't currently saturated with CDS's right now compared to during the infamous housing bubble that caused the great recession. Liquidity is a serious thing and risk management always comes into thought when you think of liquidity. To answer your question you can't always liquidate an investment because there won't always be buyers. You see this at almost all big economic bubbles in history, with a great example being Tulipmania when the merchants and normal working class people woke up to their demise to realize that they couldn't sell their tulips to anyone because no one was buying. Another example, more current would be with AIG and the bank bail out that the USA loaned them about 182 billion dollars to pay for those risky bets that they made during this housing market collapse. THE USA WAS PROVIDING THE LIQUIDITY! That's what you have to understand, and then AIG eventually paid that debt off and actually the USA made some money off the interest from that "loan" or liquidity injection you may say. As you can tell liquidity is a serious topic of discussion.

2. What CDS's come down to is that the seller of these instruments is taking all the risks for when default happens. A buyer is purchasing into this swap with the hopes that they do default. A fine example of a great financial instrument, as you can see your two parties here, with clearly defined obligations, and so on. An example would be, that the buyer of a CDS will be entitled to the par value of the contract by the seller of the swap, should the third party default on payments. If you have anymore questions let me know

[TheRascalKing]

[shotse]

[TheRascalKing]

How much did that cost? Or did you browse the Fake ID thread in BI and make your very own?

[shotse]

Originally Posted by TheRascalKing

How much did that cost? Or did you browse the Fake ID thread in BI and make your very own?

Feel kinda stupid now, don't you?

[p6867]

Originally Posted by shotse

8/11/12

B Summer
So you're taking a summer class, like i said.

[TheRascalKing]

Originally Posted by shotse

Feel kinda stupid now, don't you?

Why would I feel stupid? Everybody here knows you're full of shit, you're the stupid one for continuing to try to play people for fools.

[shotse]

Originally Posted by TheRascalKing

Why would I feel stupid? Everybody here knows you're full of shit, you're the stupid one for continuing to try to play people for fools.

So let me know if you have any questions. If not please stop trolling on my thread, thank you very much.

[TheRascalKing]

Originally Posted by shotse

So let me know if you have any questions. If not please stop trolling on my thread, thank you very much.

If anything, you're the one who should be asking questions, you fucking poser. I'm not trolling, you're just pissed because nobody's buying your bull. You don't wanna look like a fool, don't post shit you can't back up. You honestly didn't think that people would be impressed by you throwing around some jargon and acting arrogant, did you?

[Daily]

a lot of wobbly jelly in this thread

op even went to meet you guyz but you basement dwellers were too busy gaining calories with ur jelly. here's a spoon tacho u disgusting white boy

[shotse]

Is anybody good in MATLAB in here? I have a question about it.

[MAYOR]

Originally Posted by shotse

Is anybody good in MATLAB in here? I have a question about it.

No. But I could throw together a bare bones app time permitting. Feed me the variables and functions you use.

[Lavender Lilac]

You're not even answering our questions.

Stop caring so much about whether or not anyone thinks you're lying and let this thread serve its intended purpose.

[crazzyass]

Originally Posted by shotse

I would like to apologize for assuming you were lying. Some of your math statements are still fishy. But I'm going to assume it's because as a finance major you're just using bastardized versions of theorems for applications purposes.

Originally Posted by shotse

Is anybody good in MATLAB in here? I have a question about it.

I'm pretty good with MATLAB.

[crackhead]

Alright shotse, what is the best thing to invest in?

[Poop]

Originally Posted by crackhead

Alright shotse, what is the best thing to invest in?

I hear prescription drugs are usually a profitable investment. But idk