or Connect
Styleforum › Forums › Culture › Business, Careers & Education › Talking stocks, trading, and investing in general
New Posts  All Forums:Forum Nav:

Talking stocks, trading, and investing in general - Page 692

post #10366 of 11199

Our 401k plans do not offer low-vol ETFs but I think that is because they have only recently become popular and 401k plans do not move very fast unless your company has another discussion with the plan provider.  I think our discusses every 3 years.

post #10367 of 11199
Interesting.

Thought for you guys today: if I fucked around with concentrated bets I'd take a small flyer on this.

http://finance.yahoo.com/quote/BBD-B.TO?p=BBD-B.TO

De facto unlimited financing courtesy Quebec Franco pride. Not to mention Federal liberals. Their bonds already came back in a big way. They fix up their pipeline..book a few more orders. Twobagger min.

Just a thought.
post #10368 of 11199

So historically September has been the worst month on record for stocks.  Oh great wisdom of SF, should I move to 100% cash, 100% Gold, or 100% Pappy Van Winkle?

post #10369 of 11199
100% AAPL -- if you got enough funds to be a market mover like me, that is.
post #10370 of 11199
Quote:
Originally Posted by jbarwick View Post
 

So historically September has been the worst month on record for stocks.  Oh great wisdom of SF, should I move to 100% cash, 100% Gold, or 100% Pappy Van Winkle?


1. Should you be selling if everything is down?  I thought the plan was to buy low, sell high.

 

2. There's a good chance that two of those three will go up or down.  The third can always be used to put yourself in a state of merriment, so you don't care if it went up or down.

post #10371 of 11199
Time to buy Tesla?
post #10372 of 11199
I hate myself for selling FB in January at $106.

Fuckin A.
post #10373 of 11199
Considering joining a small VC fund in an interesting role. Would be fun to work with one of my close friends but worried about some of the macro issues in the space (tech bubble, carried interest taxation, etc.). It would be a risky move that could pay off big time if we do well and I am able to farm my network and develop a solid deal flow which results in some good investments.

Trying to put a box around my downside risk is probably the hardest part. I don't think it's a career killer if it doesn't work out but there is a scenario where I have burned too many bridges and the economy makes it hard for me to go back to being a lawyer at a firm or company.

Fortunately I have some time to sort it out but this is one of the hardest career decisions I've had to make. Leaving a law firm to go in house was by comparison a much easier jump.

Only raising it here because seems vaguely investing related and relates in a lot of ways to one's investing world view.
post #10374 of 11199
Quote:
Originally Posted by UnFacconable View Post

Considering joining a small VC fund in an interesting role. Would be fun to work with one of my close friends but worried about some of the macro issues in the space (tech bubble, carried interest taxation, etc.). It would be a risky move that could pay off big time if we do well and I am able to farm my network and develop a solid deal flow which results in some good investments.

Trying to put a box around my downside risk is probably the hardest part. I don't think it's a career killer if it doesn't work out but there is a scenario where I have burned too many bridges and the economy makes it hard for me to go back to being a lawyer at a firm or company.

Fortunately I have some time to sort it out but this is one of the hardest career decisions I've had to make. Leaving a law firm to go in house was by comparison a much easier jump.

Only raising it here because seems vaguely investing related and relates in a lot of ways to one's investing world view.

without knowing the details of your potential role, family/financial situation, its tough to give advice.  With that said, I would think having a role on the business side wouldn't be a deal killer to get back on the legal side, if you wanted to.  seems to me all the lawyers i work with wish they were on the business side (and none of the business folks wish vice versa).  Best of luck.

post #10375 of 11199
I'd say do it. Sounds lucrative.
post #10376 of 11199
Best of luck, UnF. Take your shot while you're young as you reach a point where the risk of failure is prohibitive real quickly.
post #10377 of 11199
No iGasm today from the usual suspects?

Is it just me or are the new Air Pods just v2.0 or those stupid BT earpieces?
post #10378 of 11199
Quote:
Originally Posted by concealed View Post

without knowing the details of your potential role, family/financial situation, its tough to give advice.  With that said, I would think having a role on the business side wouldn't be a deal killer to get back on the legal side, if you wanted to.  seems to me all the lawyers i work with wish they were on the business side (and none of the business folks wish vice versa).  Best of luck.

Thanks, yes I agree this role wouldn't be a deal killer (especially since I'll still be wearing the legal hat). My main concern around risk is that if the fund craters for whatever reason (the key man leaves, we have poor performance and can't raise a subsequent round, startup ecosystem suffers systemic failure) I will be unable to go back to a law firm (for the same reasons) or find a job at a company. I think my company is a fairly safe bet and is high-growth. My old law firm is stable and has been chasing me to go back. I think either of those options would be relatively safe over the next decade but would be unavailable in the downside scenario I am concerned about.
Quote:
Originally Posted by GreenFrog View Post

I'd say do it. Sounds lucrative.

Thanks, if we pick the right companies it can be. My buddy has done a great job getting into deals that everybody wants a piece of and I think that's the key to good returns. A few of the investments are tracking at 100x+ returns on paper although could be any number of years before we see the money. If we can continue to get into deals like that and raise future funds it would be lucrative and likely more lucrative than any legal job I would have, although one of my former colleagues is a public company GC who has been making 8 figures a year so you never know.
Quote:
Originally Posted by Piobaire View Post

Best of luck, UnF. Take your shot while you're young as you reach a point where the risk of failure is prohibitive real quickly.

I wish I were young enough for that to be the case. I have decently high fixed costs (I mean who doesn't in San Francisco) and 2 kids to pay for. As expensive as housing is in SF, for me it actually pales in comparison to how much I pay for child care.
post #10379 of 11199

Child care will get ya.  My wife has partially subsidized child care through her work so we save 50% on what we were paying while waitlisted at her work's place for a month.  

post #10380 of 11199
Quote:
Originally Posted by UnFacconable View Post

Thanks, yes I agree this role wouldn't be a deal killer (especially since I'll still be wearing the legal hat). My main concern around risk is that if the fund craters for whatever reason (the key man leaves, we have poor performance and can't raise a subsequent round, startup ecosystem suffers systemic failure) I will be unable to go back to a law firm (for the same reasons) or find a job at a company. I think my company is a fairly safe bet and is high-growth. My old law firm is stable and has been chasing me to go back. I think either of those options would be relatively safe over the next decade but would be unavailable in the downside scenario I am concerned about.
Thanks, if we pick the right companies it can be. My buddy has done a great job getting into deals that everybody wants a piece of and I think that's the key to good returns. A few of the investments are tracking at 100x+ returns on paper although could be any number of years before we see the money. If we can continue to get into deals like that and raise future funds it would be lucrative and likely more lucrative than any legal job I would have, although one of my former colleagues is a public company GC who has been making 8 figures a year so you never know.
I wish I were young enough for that to be the case. I have decently high fixed costs (I mean who doesn't in San Francisco) and 2 kids to pay for. As expensive as housing is in SF, for me it actually pales in comparison to how much I pay for child care.

May I ask why you fear you will not be able to go back into a good law position if the worst happened? Just curious, not questioning. My sense is that you are a very accomplished individual and that a "failed" stint in VC would still be tremendously valuable experience.

I don't know anything about law practices though so would love to hear your thoughts.


--


AAPL down because they no longer will be releasing initial preorder numbers. I love the reasoning they provided, and it makes sense to an extent, but it's surely because they know they can't sustain increasingly large preorder numbers -- at least for this year.

The 6s was what, 13 mil last year? They'd have to hit 15 or whatever to appease the street this year I guess.

Prudent move overall I think. I've always wondered how long they would continue releasing those figures.
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Business, Careers & Education
Styleforum › Forums › Culture › Business, Careers & Education › Talking stocks, trading, and investing in general