/biz/ - Business & Finance

>>1137775

>>1137776

>successful people never criticize, buy into meme changes, and get cucked into taking asswipe respnosibilities.
OP this is /biz/, not /pol/

>>1137981
Not successful person detected

>>1137984
What the fuck are all these derivatives? This cant be real.

>>1137988
>silicon valley isn't a graveyard for people who bought into meme changes
You do whatever is most rational, never take a permanent stance like op's pic.

>>1137775
medium.com/@ethereumvn

>>1137990
Its somewhat B/s its the Notional value of all the derivatives. However most are cash settled and never executed. They are an interesting way to move money around.

Options, Futures, Swaps, Collateralized Securities etc...

actual credit risk is estimated between 21 and 3.3 trillion or
210 - 33 squares

many of them represent the same assets changing hands multiple times. Still important to know where the big fish play and make their money.
ps. not shitcoin.

>>1138013
Dayum

Why would they still include it if they represent the same assets?

>>1138014
1 impossible to calculate.
2 memery to make visual impact, and sell the buy and hold precious metals idea.

>>1138013
>the biz guide on how to not defualt your mortgage like a retard
Do you even leverage bro?

>>1138030
Oooh

>>1138048
Didn't make chart. Its not Gorrillionaire but its definitely millionaire by 40. That ultimate pleb risk avoidance guide.

low speed

>>1137775
Guess I'm a loser.

>>1137775
>>1138955

No anon you are just an individual. Being labeled "Successful or Unsuccessful" by someone else just like you and me doesn't make it valid. Guess who the most successful people really are? They sure as shit aren't model citizens.

Succesful people have their paths so handed that they can be perfect snowflake models of society until something bad happens then they turn even worse than those unsuccesful people

>>1137775

>>1139016

About a decade ago, I was in a business class with a true nip professor, Professor Hideki. He talked often about Ikigai and proper management of a business.

One thing that I'll always remember is him calling a girl stupid for saying that she wanted to invest in "green" or "nature friendly" investments, and have a company that was willing to take some loss toward that end.

"Green stocks stupid. No make money. Lose to competition. No become big ah boss. Responsibility is to shareholdah. Shareholdah number one! Then employee, then errybody else. Company serve shareholdah."

His English was just that perfect level of Engrish to make him almost comical, but the guy was incredibly focused and smart. Before coming to the states to teach, he did economic redevelopment in small Japanese communities and towns that were underperforming. Sad thing is, you'd never see people like that in today's college's, with all the crybabies.

>>1139044
>"Green stocks stupid. No make money. Lose to competition. No become big ah boss. Responsibility is to shareholdah. Shareholdah number one! Then employee, then errybody else. Company serve shareholdah."

>>1138013
Derivatives market is generally estimated to be 10 times that size of world gdp

>>1139044
Mfw I'll never have mr. Hideki as a teacher

>>1139044
More stories please!

>>1137776
Shit advice desu.

>>1137988
Incompetent manager detected.

>>1139478
Do you have better advice?
because >>1137776 is pretty much common sense stuff.

>>1137776
This is useless.

>>1138955
a lot of these basically just make you an asshole not unsuccessful. Embracing change is important though as it's inevitable