The guy making money at a hedge fund is the manager. He wins no matter how the assets perform. They’re not much better than a vulture fund, only because they tend to keep companies running. Like vulture funds they, move assets on the books to make a stock look good and then they dump and move onCryptocurrencies are a ponzi scheme. They limit availability and then hype the product. At some point the bubble will burst. It’s like using Pokemon cards for cash.
Ransomware gangs on the dark internet extort bitcoins as ransom after they attack a company or city computer system. if bitcoins flopped it would be easier to catch those dark internet hackers
EasternWoods over 3 years ago
The guy making money at a hedge fund is the manager. He wins no matter how the assets perform. They’re not much better than a vulture fund, only because they tend to keep companies running. Like vulture funds they, move assets on the books to make a stock look good and then they dump and move onCryptocurrencies are a ponzi scheme. They limit availability and then hype the product. At some point the bubble will burst. It’s like using Pokemon cards for cash.
Concretionist over 3 years ago
I’m not totally opposed to the new way of doing things, but some of them are just… too dangerous…
Bilan over 3 years ago
I remember the old school …
People that made money also produced something of value.
AnotherFineMess over 3 years ago
That LCD monitor should have been a blue-and-white iMac.
Imagine over 3 years ago
I hate when that happens.
SusieB over 3 years ago
I miss so many Old School things, especially the music
sandpiper over 3 years ago
Wordless, he slowly turned and made his way back to the bar where he had lunch. Set ‘em up again, Sam. I’ve just been downsized.
vaughnrl2003 Premium Member over 3 years ago
Sometimes retirement and redundancy hit you when you least expect it. Even if you see it coming.
WGillete over 3 years ago
COVID-19. Hedge funds. Cryptocurrency. Donald Trump. The 21st century in the Twilight Zone with it’s own calendar.
shorzy over 3 years ago
Billionaire Venture capitalist Nick Hanauer, of Pitchfork Economics, explains how his people rigged the system for themselves and should be taken back
mikeyman over 3 years ago
Put on your golden parachute.
garcoa over 3 years ago
And Helen, what did you do in the 2nd half hour when I was at lunch.
Jeffin Premium Member over 3 years ago
Sorry you have to leave, here’s your hat.
oldlady07 Premium Member over 3 years ago
I should admit that the only part of this that I really understood was lunch.
COL Crash over 3 years ago
The Old School Business Model was so inherently flawed it’s amazing it didn’t collapse sooner.
timbob2313 Premium Member over 3 years ago
Ransomware gangs on the dark internet extort bitcoins as ransom after they attack a company or city computer system. if bitcoins flopped it would be easier to catch those dark internet hackers
kv450 over 3 years ago
Oh btw, the hedge fund also raided your pension fund and will pay no tax. And people wonder what’s wrong America …
petermerck over 3 years ago
Moral of the story: be nice to your secretary.
Buckeye67 over 3 years ago
Next time don’t take such a long lunch.
Ka`ōnōhi`ula`okahōkūmiomio`ehiku Premium Member over 3 years ago
Buy my money! It’s backed by the Federal Government (and God). See where it says on the back? “IN GOD WE TRUST.”
Everyone else pays in negotiable commodities.*
Gold, silver, salt, ya know…DerekMogambo over 3 years ago
ha ha haaaa… on 5/11/21, my “Actual Commemorative DögéCoin” {$12.99} was worth over 2501.90% more than the cryptocurrency…we shall SEE, eh?
;-)
STACEY MARSHALL Premium Member over 3 years ago
He was REALLY out to lunch!
keenanthelibrarian over 3 years ago
I’m thinking he may have knocked first before entering, so is he actually trespassing?
Kabana_Bhoy over 3 years ago
You’re still here? It’s over. Go home. Go.
sandpiper over 3 years ago
The term golden parachute bothers me for two reasons: not a lot of buoyancy in gold and a lot of strings that have no flight control.
oakie817 over 3 years ago
old school?? i started high school in Providence RI in the original Classical High building and we had graffiti from the Civil War on our desks