/biz/ - Business & Finance

[Anonymous No.16543946]

where do people with high IQ discuss business and finance? I'm so tired of reading posts from these literal fucking retards.

[Anonymous No.16543953]

>>16543946
sauce and I'll tell you

[Anonymous No.16543960]

Check out the link threads around here, that’s where all the high IQ people hang out

[Anonymous No.16543966]

>>16543953
where do you think im gonna get sauce from? there are no matches from google and it has a 4chan filename
>>16543960
trust me. link is not a good investment

[Anonymous No.16543970]

>>16543946
what, you tired of these bsv and tezos shillers anon. do the dumbfuck and buy these shit projects before it's too late

[Anonymous No.16543985]

>>16543946
>where do people with high IQ discuss business and finance?
unironically here and if you cant figure it out you're low iq

[Anonymous No.16543988]

>>16543946
Has high IQ / Can't find place to discuss business and finance.

Pick one retard

pick one

[Anonymous No.16543989]

You don’t have high IQ so I’m not going to tell you.

[Anonymous No.16544015]

Reddit

[Anonymous No.16544018]

People with high IQ realize that unless you're rich there isn't much to discuss. Crypto is treated like a get rich quick scheme. This is why there are so many morons here, because get rich quick schemes attract morons.

[Anonymous No.16544029]

>>16543946
I don't really think very many people who are knowledgeable about finance/ business discuss it online.
Every time I try to discuss just somewhat advanced finance topics on here I either get no replies at all or replies from people who have no clue.
So I don't feel like putting any real effort into my posts/ discussions anymore. I just come here for entertainment/ shitposting.

[Anonymous No.16544084]

There are national forums for this shit because local law determines how you run shit. (well unless you want to do expat with tax haven construct)

[Anonymous No.16544085]

>>16543953
deumos den

[Anonymous No.16544109]

>>16544029
Post one (1) advanced topic, brainlet.

[Anonymous No.16544135]

reddit, average iq of 115+ on business and finance discussions

[Anonymous No.16544136]

>>16544109
Black-Schloes equation. I have a background in finance.

[Anonymous No.16544149]

everyone who isn't retards is nerds

[Anonymous No.16544185]

>>16544136
Alright now explain like I’m a retard: isn’t this just puts and calls, covered or not? I don’t have an area in finance but I do know covered calls and shit.

[Anonymous No.16544201]

>>16544018
This is especially true if you watch any XRP videos on YouTube.

[Anonymous No.16544218]

>>16544135
yes reddit. the most 1% tier forum out there

[Anonymous No.16544476]

>>16544085
Well
after spending 15 minutes looking for the pic
I can proudly say that it wasn't worth it
at all

pretty good artist though, having sat through a lot of his stuff

[Anonymous No.16544504]

>>16544149
Have sex nerds hahahaha

[Anonymous No.16544600]

>>16544029

[Anonymous No.16544632]

>>16543946
Look for startup forums like ycombinator. What's the incentive to talk about finance anyway if you know what you're doing? It is very susceptible to quackery and pumping, and that tends to overwhelm everything.

[Anonymous No.16544634]

>>16543946
if you had high IQ, you wouldn't need to ask

[Anonymous No.16544648]

>>16543946
They post here inside the link threads
and on /pol/ the fact that you do not know this means you are a brainlette

[Anonymous No.16544822]

>>16544029
This board is full of insufferable faggots now. I rarely come here and when I do, I intentionally post bad advice because I hate half the people here. It's too bad, it was actually good in 2017. Made me a nice 370k.

[Anonymous No.16544838]

>>16543946
Unironically plebbit but they are also massive self hating sois so you'll have to deal with that

[Anonymous No.16545135]

>>16543946
Why do you need a high IQ to simply stay the course, Anon?

[Anonymous No.16545244]

>>16543960
Thats where literal retards hang out.

[Anonymous No.16545356]

>>16545244

[Anonymous No.16545388]

>>16543988
>Has high IQ / Can't find place to discuss business and finance.
kill yourself

[Anonymous No.16545409]

>>16545388
That's actually correlated. Smart comes with lazy. It's cause if you really smart you never have to try at school. So they never learn to put effort into anything.

[Anonymous No.16545441]

>>16543946

[Anonymous No.16545563]

>>16543946
On 4channel

[Anonymous No.16545564]

>>16543946
take the bad with the good you entitled faggot, you browse this board for FREE

[Anonymous No.16545661]

>>16545564
Should not such endeavours as the enlightenment of all mankind be beyond commodification, Anon?

[Anonymous No.16545734]

>>16545661
tell that to everyone over the course of history who has paid a nonzero amount of money or assets to be educated

[Anonymous No.16545797]

>>16545734
Libraries have been free for my lifetime and the internet is essentially the repostory of all of human knowledge acquired to date. You can’t teach people shit, they have to learn it.

[Anonymous No.16545868]

>>16545734
So Socrates, Issac Newton, Einstein....I get right on that.

[Anonymous No.16546016]

>>16543946
at their local bridge club

[Anonymous No.16546081]

>>16544136
High IQ anon here, I'll bite. Black-Scholes assumes returns are normally distributed, but in truth they are leptokurtic, so anyone using BS will systematically underestimate the value of deep out of the money options. That's basically Taleb's entire idea behind Empirica, but since there are long periods of gradual losses between jackpot winnings, people get used to the status quo and ridicule this strategy, because custom, not reason, is the great guide of human life. To win, you have to do something different.
You can go long tail risk and bide your time, or you can keep arguing about shitcoins on /biz. It's your call.

[Anonymous No.16546101]

>>16543946
Go to Reddit or a good old forum.
The Chan format has no incentives for people not to act like retards.
Half the threads are now posted by paid Indian shills, no smart persons are going to waste their time reading this garbage.
I'm still here because I'm retarded and addicted to hitting F5.

[Anonymous No.16546709]

>>16546081
Beat me to it. How do you interpret the implosion of LTCM then?

[Anonymous No.16547224]

>>16546709
LTCM had massive notional exposures, but hedged them almost neutral with correlated instruments (just like a long-short hedge strategy). When the correlation broke down, the hedges stopped working and killed the fund. This is not something that would happen to anyone merely buying options since the downside of a long position is strictly capped (at zero).

[Anonymous No.16547243]

>>16546101
Fucking indian smell like shit

[Anonymous No.16547518]

>>16547224
I did not mean mechanically. I meant as a larger interpretation as to intellect applied to markets.

[Anonymous No.16547522]

>>16547243
This is a intellectual position.

[Anonymous No.16547588]

People that value their time and connections and have own business probably are devoted to it 24/7. It means no time for imageboards.

[Anonymous No.16547833]

>>16543946
Newsflash: People with a high IQ are a minority.

[Anonymous No.16547848]

>>16543946
137 IQ here

[Anonymous No.16547954]

>>16547518
Right. The OP asked about high IQ people, not successful ones, perhaps not realizing they don't overlap that much. Like Buffett says, investing is simple, but not easy. Intellect is often trumped by patience, fortitude and sometimes by knowing the right ((people)).

[Anonymous No.16548091]

>>16543946
these guys are such assholes. It’s stackexchange

[Anonymous No.16548117]

>>16547848
Thanks for contributing; dumb loser.

[Anonymous No.16548132]

Places like here. The highest IQ thing you could do is FUD and shitpost. The stock market is a game where you're taking money from other players. Convince someone else its a good idea to buy a call when you're selling them and what not.