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One Chicago trader made $2.5 million in five days. Another explained how a five-tick move could put you up $1 million or wipe out the same amount before lunch. That was the world a young Chicago worker walked into for the first time. Paper was flying. Thousands of traders...

114,859 次观看 • 2 个月前 •via X (Twitter)

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My cousins and my brother and I were exploring Coney Island, we saw the sights, hung out at the arcades and before we went back to the apartment we decided to go and get something to eat, we had some money on us but not much so we decided to see what we could get at one of the vendors. This was back in the early 90’s when most of them had dollar slices of pizza wherever we went. So we got 4 pieces of pizza, should have been $4 because that’s the price we were used to. The guy wanted to charge us $24 at $6 a slice. We argues with him because one of my cousins already took a bite being so hungry. But at the least we owed $4. We gave the other slices back and refused them but had to pay for the partially eaten one, it was embarrassing that an adult would try that on a bunch of kids. We told our uncle what happened and he went back and yelled at the vendor. He was familiar with them because he used to get slices all the time from the same guy and he never charged my uncle that price. I couldn’t imagine paying that exurban amount, like this guy who was being charged $54 for a hotdog by one of the vendors. At first he thought it was a typo and it was $5.40 but the vendor. Learned it up when he said no it was $54. Would you have paid that amount? I would have walked away, clearly he was trying to possibly scam a the man for looking like a tourist. Part of the experience when visiting a new area is the street food but it’s becoming more and more a chore avoiding places like this.

SonnyBoy🇺🇸

362,822 次观看 • 3 个月前

This man was criticized for expecting a “thank you” for a good deed. He always saw the same man walking when he drove to work. He assumed the man was walking because he did not have any other means of transportation. He used his own money and bought the man an electric scooter, the man took the scooter and just silently walked away, no thank you or anything else at all. I don’t think that was too much to ask, a thank you goes a long way, otherwise it makes people look ungrateful. Back in college, I had a classmate that I always saw walking home after class. It didn’t matter whether it was raining or snowing, or hot out. Whenever I drove past him he always looked miserable and I could tell he didn’t like to walk all the time. In class I had asked him where he lived, and I found out it was on my way home so I offered to drop him off because it was really cold out and had snowed about a foot. He agreed and we chatted on the way home, nothing serious just pleasant conversation. I dropped him off and went on my way home. For me this was a one time thing, I only offered because how bad it was snowing. After class the next day, he walked with me and when I got to my car he got in. I didn’t agree or offer him a ride that day but he assumed that since I was ok with giving him a ride the day prior that I would be ok with it this day too. I didn’t say anything about it because at this point I didn’t care really. So the next day came and went, once again he walked with me to the car but that day was different. I wouldn’t be going his way because I had to work after class. So before I got to the car I said “I’ll see you tomorrow.” He looked dumbfounded and said aren’t you taking me home? I said no, I have to get to work. He then asked me how he would get home, and I told him the same way you always have. He then gave me excuses for why I was being a jerk because I was making him walk in the cold. I didn’t argue I just told him I helped him out when I could, but I wasn’t about to go out of my way because he didn’t have a car and besides I didn’t want to be late for work. He didn’t speak to me for the rest of the semester because of it, something tells me I was better off not offering to help in the first place.

SonnyBoy🇺🇸

37,380 次观看 • 2 个月前

Sigourney Weaver on what she loved about her character in "Alien" (1979): "Interviewer: Ripley is now seen as this feminist action hero. Did you think about that or the politics of your representation at the time? Weaver: What I loved about Ripley in the first one, thanks to [producers] Walter [Hill] and David [Giler], and in the second one, thanks to Jim Cameron, was that I didn't really feel like a badass heroine ever. What I felt was like you or me in this situation, [wondering] what the f**k you were going to do. It was an everyman character that could be any of us. That was very unusual at the time that a character, a woman character, went through a whole film, doing difficult things by herself, a lot of the time, and didn't have some scene where she bursts into tears and cries in a corner for a while. Because I'm telling you, in those days, they really wanted women to be sympathetic. And that meant that either you had to be in a little skirt and run around, or you had to have these scenes where you cried and broke down because they thought if you didn't that you would seem unfeminine. So I was so lucky that I avoided all of that because I was doing science fiction, because I was in the future. And I was just playing this character who was put in this situation. And it was written like a man. It wasn't written like the way they wrote women in those days." ("At 28, Sigourney Weaver Was Thrust Into An Alien World", Zosha Millman, Bustle, 2021) P.S: On this day, 47 years ago, "Alien" (1979) had its limited release in the USA.

DepressedBergman

20,477 次观看 • 4 个月前

I remember when I was young, around 10-11 years old. My parents were both asleep as was my brother. I heard a knock on the back door which was weird because who uses the back door at a stranger’s house? The kitchen window was close by so I take a look. It looked like a teenager but hard to tell because they had a hoodie with the hood up. I didn’t open the door but I did crack the window and asked them what they wanted. They replied they were lost and wanted to come in to warm up and use the phone. Even when it’s daylight I know never to let anybody in period that I didn’t know, but a stranger after midnight was weird enough. I said no because I didn’t know them. Then they said that hey knew my dad and that’s why he came by. I said that’s fine and all but I’m not letting you use our phone. This was before cellphones were widely used, we had a landline like most people. The person wouldn’t take no for an answer and I could sense he was getting angry. I went and woke up my dad, I told him there was somebody at the back door and that he said they knew him. He walked to the door and looked out and said he didn’t know him. But he did talk through the door and told him that he was calling the police and that he should just leave. The person just stood there until the police finally came and even they asked him what he was doing knocking on the door at that hour. He told them he was lost and thought this was a house of a family friend. The police told him my dad didn’t know him and made him leave. So was this a case of wrong house or was he up to something. It makes me still wonder to this day but I’m still glad I never opened the door.

SonnyBoy🇺🇸

117,986 次观看 • 1 个月前

Warren Buffett turned $10,000 into roughly $15 million without a computer, a Wall Street office, or an army of analysts Almost nobody watches the interview where he explains how Buffett was already worth more than $2 billion when Adam Smith visited him in Omaha His financial empire was run by seven people He spent most of the day reading and thinking, then occasionally made a decision large enough to matter for decades The numbers were already absurd $9.7 million invested in The Washington Post had become $370 million $46 million invested in GEICO had become $849 million A Berkshire share bought for $12 in 1965 was trading above $3,900 The interviewer asks why everyone does not simply copy the strategy Buffett’s answer has nothing to do with secret research or superior technology The principles were public. The undervaluations were visible. Everyone could see the same prices Most people would rather be promised they can get rich next week than accept that getting rich slowly may require years of doing almost nothing Bookmark this for the next time the market gives you a lower price and your emotions call it danger Then watch the section where Buffett says the New York Stock Exchange could close for two years and he would not care He was not buying lines moving across a screen He was buying businesses whose value could keep growing while nobody was allowed to trade them The footage is old, slightly blurry, and buried on YouTube The capital allocation lesson has aged better than nearly everything filmed since

Sammy

31,831 次观看 • 2 个月前

A 1988 Chicago Trading Pit documentary accidentally described the exact reason 90 percent of modern retail traders will never stop until they blow up. The film was shot in the peak years of open outcry, back when trading meant shouting yourself hoarse in a physical pit, taking speech therapy at Schwab Rehabilitation Center, and sometimes ending up in the medic's chair with a busted lip from a fistfight over a trade. At 16:34 in the film above, one trader said this. "When I first started I heard stories of other traders making 50 or 100 thousand a day. I said if I made that kind of money I would quit. I would take the summer off. When I had my first five-figure day, ten thousand plus, I found myself in the pit the next day." He made his summer's worth of money in one session. He came back the next morning. Every retail trader today who says "if I just double my account I'll cash out" is that trader. Every day-trader who promised themselves they would quit after their first six-figure year is that trader. Every options gambler who tells their spouse "one more good week and I stop" is that trader. The 1988 documentary called it the game. The people who stayed in it called it being a gladiator. The paramedics on duty at the exchange called it a job. Modern brokers call it engagement. Every Robinhood push notification is designed to reproduce the pit floor without the paramedics. That single confession from a Chicago pit trader in 1988 has probably explained the last four decades of retail blowups better than every behavioral finance textbook combined. Retail traders build spreadsheets tracking P&L in real time because they cannot look away from the score. Options traders open the app on the toilet because the pit is now in their pocket. Prop shop hires get told the money is what matters when the actual driver is the same dopamine that trapped the 1988 gladiator. The full 19-minute documentary is above. Almost none of the viewers have actually asked themselves what number would make them walk. The framework is free. The willingness to actually name the number that ends the game before you get there is the entire edge.

Kursor

145,084 次观看 • 25 天前

Wolff: Now Epstein’s explanation for why this friendship ended is as follows. In 2004, Epstein believed himself to be the high bidder on a piece of real estate in Palm Beach—a house. His bid was $36 million. He took his friend Trump around to see the house, to advise him on how to move the swimming pool. Trump thereupon went around Epstein’s back and bid $40 million for the house—and got the property. Epstein, who was well acquainted and in fact deeply involved with Trump’s scattered finances, understood that he didn’t have $40 million to pay for this house. Now, if that was the case, it was someone else’s $40 million. At the time, Epstein believed this to be the $40 million of a Russian oligarch by the name of Rybolovlev. Less than two years later, this same house that Trump had bought for $40 million was sold for $95 million—and it was in fact sold to Mr. Rybolovlev. This is all a red flag of money laundering. And what Epstein did—and he was furious about losing this house—I mean, there’s something about these guys, these men, that nothing rouses them so much as a real estate betrayal. Epstein, after this—the sale of this house, after Trump went around his back, got this house—Epstein began to threaten with lawsuits, with going to the press and saying that Trump was a frontman for a money laundering deal. Trump panics at this point, and Epstein believed—that it was Trump who went to the police and, as Epstein said, dropped the dime on him. That is to say, informed the police of what was going on. And an investigation began, and all of Epstein’s legal problems for the next 15 years began to unfold. This story about this piece of real estate and their falling out was first published in June 2019. It’s published actually in my book Siege, the second book I had written about the Trump White House. Epstein had recounted this story to me. I put it in this book. Epstein, at that moment, was in Paris. He read the book. He called me with some alarm, and he said he was afraid that he might have said too much. Three weeks later, he returned to the United States from Paris and was promptly arrested on the tarmac of Teterboro Airport in New Jersey when his plane landed.

Acyn

1,670,641 次观看 • 1 年前