[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 105 KB, 1080x1080, 1580412856766.jpg [View same] [iqdb] [saucenao] [google]
17166767 No.17166767 [Reply] [Original]

Expain the insurance fund on bitmex
Does this imply that Bitmex isn't peer to peer and bitmex isn't solvent.

predicted Rate 0.1416% In 15 hours

>> No.17166779

>>17166767
It's Arthur's retirement fund.

>> No.17166789

>>17166767
Why not just calculate NPV of each? Then this comparison can be done in one step. We are on a business board, surely everyone can do that.

>> No.17166797

>>17166767
funding rate and insurance fund are two completely different things. holy fuck you are dense.

>> No.17166806

>>17166767
who the fuck spends 60k on a civic op a retard

>> No.17166932

>>17166797
>>17166789
>>17166779
>>17166806

get the fuck out here with your spammy comments.

>> No.17166970

I only have 20k in fund RIP
but 30percent return last year

>> No.17167191

>>17166767

Rich people don't invest at 10% passively. They build wealth at multiples of their investment via hard work, connections, services, OPM and/or developing products and systems to sell to others.

People conflate stocks with wealth building, while everyone with a brain knows that stocks are merely a hedging and wealth diversification tool to mitigate losses from failure of a high risk high reward venture.

You think bill gates made his money reinvesting his cash into the stock market? He owned a company that became worth billions. Same with zuckerberg, Jobs, Musk, Bring, Page, etc.

Buying stocks and real estate is the literal last thing you are supposed to do on your wealth building journey.

>> No.17167202

>>17167191
what about buffett?

>> No.17167223

>>17167202

Buffet used OPM as i mentioned before. He sold investment services to boomers and made a killing by investing in an insurance company, then using all that practically free premium money to invest in higher risk businesses and stocks that were/are having troubles but are worth more than they cost to buy.

>> No.17167290

>>17167202
Also, buffet was the rich son of a congressman with inside connections to the world. At 25, his family and friends have him a small loan of a $1, and within 2 years got another $2.7m worth (in 1950's dollars) from investors in his social circle.

I don't know about you, but $3.7m worth of capital (growing about $1m in new investors per year), a personal wealth of about $1.5m from working for daddy's wall street buddy out of college, connections in the government and all the high value degrees you'd ever need to get your foot in the door, it was hard for him to fail.

By 30, he had around $7m (today) of investment capital. Literally throw money at a dart board back then with that kind of cash and DC insider knowledge and you would make a killing.

>> No.17167309

>>17167290
https://www.timetoast.com/timelines/the-complete-history-of-warren-buffett-s-investments-and-acquisitions