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skooma512)
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when i took macro and micro as an undergrad (before failing out of university three times, twenty years ago) it was significantly less ridiculous than this and that was a community college like, the price that you are willing to pay is the price that you actually pay, it didn't cover some kind of deranged libertarian moral dimension and also taught about demand elasticity
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May 7, 2024 00:52
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| # ? May 25, 2024 06:05 |
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shrike82 posted:putting these two news items together makes it even funnier im glad MBA brain is going to kill finance next
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May 7, 2024 00:59
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Rectal Death Alert posted:Is the economy really held up by all of the investment banker analysts that need to be on hand, 24/7 365, at full intensity forever and always to investment bank with peak intensity and effectiveness at any nanosecond? My brother-in-law is a banker. I suppose there's 2 answers to this. One, is the eoy bonus. Two, is that banks are always looking to let go of analysts and loan managers for any reason, simply to put the fear of god into the rest. So it's dramatic full intensity because if you don't, you don't get a bonus and you'll probably be out the door. Banks have no loyalty to employees, just the opposite, and they like their analysts and loan managers nervous and scared. It's a hosed up career to be in.
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May 7, 2024 01:00
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CN CREW-VESSEL posted:How are these the best paid people in the world? CN CREW-VESSEL posted:C. Hubbert posted:I hate neoclassical economists I HATE NEOCLAASICAL ECOBONICTS AHHHHHHH
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May 7, 2024 01:02
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CN CREW-VESSEL posted:C. The benefit value is exactly what you're willing to pay I guess this is why I'm not a rich banker
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May 7, 2024 01:05
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the popes toes posted:My brother-in-law is a banker. I suppose there's 2 answers to this. One, is the eoy bonus. Two, is that banks are always looking to let go of analysts and loan managers for any reason, simply to put the fear of god into the rest. So it's dramatic full intensity because if you don't, you don't get a bonus and you'll probably be out the door. yeah but what are they actually doing that takes literally every minute of every day forever I get that they'll be scorned and fired for not working that hard and that they are paid to work that hard
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May 7, 2024 01:06
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Rectal Death Alert posted:yeah but what are they actually doing that takes literally every minute of every day forever my understanding is mostly making powerpoints and excel spreadsheets for their bosses to give to clients or potential clients
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May 7, 2024 01:12
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Rectal Death Alert posted:yeah but what are they actually doing that takes literally every minute of every day forever Someone tried to explain this using the film Trading Places to me once. Iirc, when you were trading crates of oranges, and later, contracts like futures that represented crates of oranges, you needed employees busting their asses at all hours to actually track the prices and match buyers and sellers, and shippers and insurers, to get the maximum profit possible. Since prices could fluctuate in seconds but you actually needed people handling physical contracts in real time, it developed this frantic culture where people are constantly trying to get info on the market, and making phone calls, and racing around the floor. https://www.youtube.com/watch?v=RLySXTIBS3c But I have no idea how true that is, since the London stock market and insurance firms started by guys hanging out in coffee houses waiting for the news to trickle in, and on the other hand, these trades are all done by computers that match buyers and sellers continuously, and monitor the markets while using an algorithm to make trades, so do you need someone reading the Bloomberg terminal late into the night? e: on the subject of Trading Places, didn't some WSB guys get in trouble from commodities trading? Since if you don't sell an orange juice contract to someone down the line, eventually you have to receive delivery of 15k lbs of orange juice, right? CN CREW-VESSEL has issued a correction as of 01:19 on May 7, 2024 |
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May 7, 2024 01:14
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It's basically impossible for there to actually be 100+ hours of real work needed per employee per week and also all these guys are expendable and you can just dust one at random to scare the rest. That particular set up reeks of a toxic environment that's more performative than anything else.
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May 7, 2024 01:26
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CN CREW-VESSEL posted:C. Driving home hungry because the meal I wanted is exactly 45 cents more than I had planned on spending. I am a rational actor
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May 7, 2024 01:31
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Paradoxish posted:It's basically impossible for there to actually be 100+ hours of real work needed per employee per week and also all these guys are expendable and you can just dust one at random to scare the rest. That particular set up reeks of a toxic environment that's more performative than anything else. I've been assured that only applies to Japan, sorry.
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May 7, 2024 01:32
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Pittsburgh Fentanyl Cloud posted:Driving home hungry because the meal I wanted is exactly 45 cents more than I had planned on spending. I am a rational actor Obviously you should have waited until you're hungry enough to spend 45 cents more.
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May 7, 2024 01:36
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Lol just listening in on an optional Sustainable Wellbeing Webinar at work and they suggest "having a cry to reduce your cortisol levels if the buildup is too great. This lets you get back into the zone." And remember, these problems and anxieties you feel are your responsibility. Don't forget to do good work! We don't want quiet quitting! It's sad from a career perspective! Oh lmao, it seems that everyone plans a 2 week holiday and gets sick immediately! Could be caused from unregulated work stress... Remember to get those cortisol levels down! Gildiss has issued a correction as of 02:08 on May 7, 2024 |
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May 7, 2024 01:39
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Pittsburgh Fentanyl Cloud posted:Driving home hungry because the meal I wanted is exactly 45 cents more than I had planned on spending. I am a rational actor Sitting in the Wendy's parking lot until the price of a Baconator hits my limit order.
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May 7, 2024 01:40
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SKULL.GIF posted:because of when he started investing, just simply being in the market would've meant he benefited massively from the expansion of finance over time. combine that with avoiding dumbass investing 101 mistakes and whatever funds you would've started with would've ballooned logarithmically tfw you realize the boiler room is the climate, and baby, is it heatin up!
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May 7, 2024 02:01
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CN CREW-VESSEL posted:How are these the best paid people in the world? the actual answer is A but C embodies the ideology that these self-styled mentat freaks forcefeed themselves and their acolytes why are you willing to pay $15 exactly? it doesn't matter, there is some formula or a chart that said so probably. in any case that's The Correct Price Based On Pure Crystalline Logic so you better not consider anything else! the sort of crass underlying lesson is to spank the young businessman for going a cent over budget out of laziness, because in the corporate world you will be killed for that
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May 7, 2024 02:06
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$15 is the maximum price you personally can afford to pay - any more than that, you're better off going hungry or getting food elsewhere. Don't get fooled by the weird phrasing, the question is just "Is it possible for a meal to be too pricey to be worth buying?"
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May 7, 2024 02:14
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If you pick A then you're willing to pay $16 for it, justifying A.
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May 7, 2024 02:16
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D, I do not have the required information to work out the equilibrium price.
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May 7, 2024 02:19
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E: I'm hungry and economics is tea leaf reading bullshit anyway.
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May 7, 2024 02:24
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nomad2020 posted:D, I do not have the required information to work out the equilibrium price. no problem, all you have to do is uniquely determine the demand and supply curves based on observable price and quantity data and...oh... oh no...
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May 7, 2024 02:25
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I, private equity, will buy the restaurant's assets, and eat for free and raise all the prices while I sell off assets piecemeal and I will retain the eatery's real estate for rental income. Is the correct answer.
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May 7, 2024 02:31
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I pay $16 but resent them and remember to never go back again cause the prices have become bullshit
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May 7, 2024 02:32
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I already spent more than the $1 difference in gas getting to the fuckin place no way I'm going home over a dollar. Sunk cost my dick and balls
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May 7, 2024 02:34
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Okay this question but it's insulin.
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May 7, 2024 02:35
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https://twitter.com/StockMKTNewz/status/1787505757836976422
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May 7, 2024 02:37
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I feel like quote:A(1.) pay $16 but take it out of the tip
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May 7, 2024 02:37
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No doubt it cost the sandwich shop owner something like $2 for the ingredients to make this sandwich, but because he's a small business tyrant he's charging eight times that to "recoup his investment" or whatever. So gently caress him; food is a human right that should be distributed based on need.
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May 7, 2024 02:37
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F_Shit_Fitzgerald posted:No doubt it cost the sandwich shop owner something like $2 for the ingredients to make this sandwich, but because he's a small business tyrant he's charging eight times that to "recoup his investment" or whatever. So gently caress him; food is a human right that should be distributed based on need. Ya know, there's more than the cost of ingredients that go into the cost of a sandwich.
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May 7, 2024 02:44
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at this point you might as well enroll in university and BOGO education
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May 7, 2024 02:45
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Lostconfused posted:Dying for bofa bofa who? 
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May 7, 2024 02:45
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That's such a nonsense question when you think about how most businesses operate anyway. "suppose you are willing to pay up to $1000 for landscape work. Your favorite contractor bids $1100. Do you maintain your business relationship with the contractor of known reputation or do you throw the dice and find someone else?"
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May 7, 2024 02:46
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BornAPoorBlkChild posted:bofa who? deez nutz
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May 7, 2024 02:47
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Mike the TV posted:Ya know, there's more than the cost of ingredients that go into the cost of a sandwich. Sure, the love that goes into making the sandwich, but the benefit of that can't be quantified.
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May 7, 2024 02:48
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ProfessorBooty posted:Okay this question but it's insulin. There was a slide where the three examples of types of need were food, insulin, and an iPhone. I'm starting to realize how we bought the F-35, if this is the Econ course everyone needs to take to make genius policy decisions.
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May 7, 2024 02:50
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I need an eight foot long Italian hoagie
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May 7, 2024 02:50
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ProfessorBooty posted:That's such a nonsense question when you think about how most businesses operate anyway. Obviously you find someone else lower, $1100 is a hard number on the sheets, landscaping doesn't even make any money so who cares? Take the first $1099 bid you find
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May 7, 2024 02:50
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CN CREW-VESSEL posted:There was a slide where the three examples of types of need were food, insulin, and an iPhone. specifically to contrast them and explain elasticity, right??
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May 7, 2024 02:57
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CN CREW-VESSEL posted:C. because as Homo economicus you have declared your demand for anything priced above $15 to be zero. the benefit of the food does not enter into the equation because you are Homo economicus. as Homo sapians however you have a functional brain and recognize that A is the correct answer and economics is bullshit
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May 7, 2024 02:58
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| # ? May 25, 2024 06:05 |
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Willa Rogers posted:Do they pay musicians as contractors instead of W2 employees in the U.S.? (Guessing that of course they do.) Most times its contracted labor, unless they work for some company (session musicians, if that still exists, or like broadway musicians) maybe theyre treated as regular employees. But in my experiences ive seen artists pretty much only treated as indie labor. Of course depending on who the musician is it could be handled via an LLC or s corp. Lot of freelancers do that kinda thing if its worth the effort
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May 7, 2024 03:04
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