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Posts By TheHiddenFlask
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Political Talk
re: Repeal Louisiana's balanced budget requirement. - TheHiddenFlask
The problem with this is that if you do that, we still won't save in the good times. Look at what they did with the pension system before contributions were mandated. ...


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Money Talk
re: Iraqi Dinar - TheHiddenFlask
And the dinar threads have come full circle. ...


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Money Talk
re: Fees for managing 401k account - TheHiddenFlask
2.25% is hedge fund level for fees. That's just painful. ...


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Money Talk
re: Pure buy and hold fund does very well over 80 years - TheHiddenFlask
A lot of end point sensitivity because of when they bought. Also, I would like to know how that strategy as a whole did vs the indexing peer group. The guy who bought AAPL and Walmart in the 80's also seems like a genius, but that's not really a track record. ...


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O-T Lounge
re: What is your frat level today? - TheHiddenFlask
Frayed brim caps and glasses are not frat. ...


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O-T Lounge
re: What is your frat level today? - TheHiddenFlask
Butt naked after a frick in the shower break from studying. ...


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Money Talk
re: Someone told me if you can't buy a hundred shares you are wasting your time. - TheHiddenFlask
Minimum transaction size for BRK.A is $20MM? This guy must post on the OT. ...


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O-T Lounge
re: How long do you wait to take dead people off your contacts? - TheHiddenFlask
It took a few years before I deleted my little brother's (Greek affiliation) number out of my phone. It always just seemed wrong to do it. I didn't really regret it once I did. ...


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Money Talk
re: Any fixed income gurus on the MT? - TheHiddenFlask
Most of the posters here have been too scared of the impending sucker punch of interest rate increases to dabble in any kind of sincere duration risk. I would be down to talk long short debt pair trading, but I don't think anyone on here actually has the means to execute these kinds o trades, so...


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Money Talk
re: 47 and burned out - TheHiddenFlask
I could see that. He was the head of i banking for my company. I should have stated it like that. ...


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Money Talk
re: 47 and burned out - TheHiddenFlask
I'm not an I banker. I've already stated that in this thread. As a commercial banker, we work with those guys, so I know what goes on and I don't have the drive to make a career out of that. I respect the ones who do, but spending 30 years in IB seems like it would lead to early onset balding and a ...


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Money Talk
re: Settle the argument: Max out Retirement or Pay off house? - TheHiddenFlask
The "right" decision is investing in 401k accounts. You should be making ~5% real returns (adjusted for inflation. If your house not is at 4.5%, it's really probably closer to 3.5% after tax benefits. And assuming average 3% inflation (same thing I assumed for the real returns in a 401k), your r...


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Money Talk
re: 47 and burned out - TheHiddenFlask
Having a few posters is fun. I'm the vast majority of the MT posts and polo talk posts. Being able to search "my posts" for great posts my friends made is fun....


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Money Talk
re: 47 and burned out - TheHiddenFlask
I am a commercial banker, but I have not always worked in commercial banking. I prefer this lifestyle/income ratio much more than most of my other gigs. The comment was said in jest. I have never met an I banker who didnt think it was funny. You guys are taking it way too seriously. If you would...


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Money Talk
re: 47 and burned out - TheHiddenFlask
He said that as an I Banker in his 50's. He left I banking shortly after. I'm not disclosing my employer as there are a few people who post from this account from time to time and I don't want my name associated with their posts. ...


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Money Talk
re: Bond question: Wife just found out she has some from grandmother... - TheHiddenFlask
Bonds are at historic highs right now, but you will have to tell us more about the bonds if you want a good answer. She might be throwing away a ton of money depending on the structure. ...


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Money Talk
re: 47 and burned out - TheHiddenFlask
The head of my investment bank once dropped this knowledge on me: You know what you cal a 45 year old investment banker? A failure. I banking isn't meant to be a career past 40, unless you are the kind of person who doesn't want to do anything but feel the rush of the deal. If he's b...


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Political Talk
re: Crawfish Prices High due to Big Government Mandates - TheHiddenFlask
I don't know what's more absurd of a statement. You have a friend. You have a friend that works. The government gives out "bait checks". I don't know how you are in real life, so I can't discuss one and two, but three definitely did not happen. I know over a hundred crawfish farmers and h...


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Political Talk
re: Crawfish Prices High due to Big Government Mandates - TheHiddenFlask
Literally everyone who made a statement about economics of crawfish in this thread has been wrong. Kickadawg should be banned for bein. Such a blatantly shitty troll. The government doesn't cut checks for bait. The cost of crawfish processors would actually drive down the cost of live crawfi...


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Money Talk
re: Oil ETFs: Can you use a leveraged ETF and an inverse ETF to hedge against each other? - TheHiddenFlask
Some have negative roll yield, which causes returns below the actual asset prices. I'm not aware of decay in the classic sense of the word. Roll yield can be positive or negative depending on the backwardation or Contango of the market. ...


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Posts By TheHiddenFlask