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re: Random Money/Business/Finance Thoughts Thread

Posted on 7/12/11 at 12:52 pm to
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 7/12/11 at 12:52 pm to
Now CORN supplies are threatened again.

LINK

Commodities may be more fun than stocks. Imagine the behind-the-scenes due diligence you could do if you had a large network of corn farmers.
Posted by Athanatos
Baton Rouge
Member since Sep 2010
8176 posts
Posted on 7/12/11 at 12:54 pm to
Just learned that a kid in my analyst class went to MTI for undergrad and Wharton for his MBA. lulz
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 7/12/11 at 1:10 pm to
Not helping my confidence brah.
Posted by LSUlunatic
Member since Dec 2006
6833 posts
Posted on 7/12/11 at 7:25 pm to
Why would someone with a Wharton MBA start off as an analyst?
Posted by Athanatos
Baton Rouge
Member since Sep 2010
8176 posts
Posted on 7/12/11 at 9:48 pm to
Tough job market. Got a few guys here w/ Wharton MBAs that started as analyst over the yrs.
Posted by lynxcat
Member since Jan 2008
24971 posts
Posted on 7/12/11 at 10:07 pm to
Damn. I would have expected those guys to be associates.

They are probably 27-28 and starting over back where they were when they got out of undergrad 5 years ago. That sucks.
Posted by Athanatos
Baton Rouge
Member since Sep 2010
8176 posts
Posted on 7/12/11 at 10:18 pm to
fizz, check your email and get back to me.

lynx, you have any experience w/ filling out a w-4? Have a few instances that I don't know how to approach.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 7/12/11 at 10:40 pm to
Replizzled.
Posted by lynxcat
Member since Jan 2008
24971 posts
Posted on 7/12/11 at 10:51 pm to
quote:

lynx, you have any experience w/ filling out a w-4? Have a few instances that I don't know how to approach.



I don't have a ton of experience with W-4s but I might be able to answer you questions depending on the issue.
Posted by reb13
Member since May 2010
10905 posts
Posted on 7/12/11 at 11:29 pm to
I'm watching this show where this lady, great story came through debt and bad experience etc, who qualifies for 125000, she also gets some 35000 federal grant for a down payment, AND there is some loan that you can take part of the price and morgatge it into a 5 year loan and if you stay in the house for 5 years you don't have to pay it back. She is looking at houses at the 190000 range with 65 THOUSAND dollars coming from tax payers. And people wonder why we are in debt.
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 7/13/11 at 11:48 am to
Holy CORN!
Posted by LSUlunatic
Member since Dec 2006
6833 posts
Posted on 7/13/11 at 11:57 am to
I'm guessing your at a BB?
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 7/13/11 at 12:27 pm to
China’s Economic Growth Slows as Wen Targets Prices LINK ][LINK]
EU Will Support Banks Failing Stress Tests LINK ][LINK]
Authorities could bail out banks again, S&P says LINK ][LINK]

I was about to make a post about how I love the FT but $250 a year is just too steep (my 10 free articles a month just ran out). It just popped up with a 33% discount. I can live with 170.
This post was edited on 7/13/11 at 12:29 pm
Posted by Cold Cous Cous
Bucktown, La.
Member since Oct 2003
15334 posts
Posted on 7/13/11 at 12:50 pm to
Nobody pays for the FT personally - that's your bosses' job.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 7/13/11 at 1:32 pm to
Well ATM I have no boss so there's not much I can do.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 7/13/11 at 1:55 pm to
Netflix customers see red after price hike LINK ][LINK]
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 7/13/11 at 2:11 pm to
Pandora ditches Flash, opens up the HTML5 box for redesign LINK ][LINK]

Quite honestly I think this is a sign of things to come. HTML5 is Flash but better and unproprietary. I would seriously consider shorting it long-term if I had the money to do so, but I would probably wait another year or so for HTML5 to really get integrated.
Posted by GregYoureMyBoyBlue
Member since Apr 2011
2964 posts
Posted on 7/13/11 at 2:26 pm to
quote:

RedStickBR


Weren't you the one that bought some of the CORN 45' calls?
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 7/13/11 at 2:40 pm to
Yes, still own the Nov. $45 calls. I bought them when CORN was at around $44. I'm green now but admittedly almost shite my pants when CORN dropped below $40.
Posted by Tiger4
Member since Jan 2009
8761 posts
Posted on 7/14/11 at 9:39 am to
Whats wrong with Wharton? Im sure its not as good as MIT, but still, its ivy league.
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