<< Back to General Forum   Search

Posts 1 - 30 of 93   1  2  3  4  Next >>   
Ask szeweningen: 12/22/2012 15:58:08


szeweningen 
Level 60
Report
Rules to post:
- You have to be at least 16 (< 18 discouraged).
- Topics must be directly or indirectly linked to mathematics or economics (you can post homework if you wish, but don't depend on my quick response). Do not post warlight questions, unless you want to reformulate it in pure game theory language.
- I hate geometry, not a rule, just stating the obvious :)
- If you are a keynesian it is encouraged to discuss economics on a given specific topic/model/theory etc. rather than make general statements.
- Being as specific as possible while formulating questions/topics is encouraged.
- Serious style starting with "Dear ..." is discouraged, but allowed.
- Trolling is welcome, but only if it is smart. If you want to post something which would be widely considered trolling take an internet IQ test, if you score at least 120 you may post. If not refrain from trolling attempts please since it will be likely seen as very weak.
- Since it is 22.12 have a nice Christmas break :)
Ask szeweningen: 12/22/2012 16:13:53


SevenDeadlySins*Sloth*
Level 1
Report
What's the best way to make the most money by doing the least amount of work?
Ask szeweningen: 12/22/2012 16:25:55


szeweningen 
Level 60
Report
You'd have to define best. If by best you mean a way with lowest work/income ratio i'd suggest lottery, that is by far the easiest way to go provided you are lucky.
Ask szeweningen: 12/22/2012 16:31:44


SevenDeadlySins*Sloth*
Level 1
Report
Lottery is not a job. I want little work and high income. Your introduction made me think you have answers. I guess you are as lazy as I am.
Ask szeweningen: 12/22/2012 17:13:54


szeweningen 
Level 60
Report
Initially you asked about the easiest way to make money, I told you what it is. If you ask about a job that produces most money with no real effort, you should be after Ben Bernanke's job. Also I heard that supermodels are grossly overpaid if you have the predispositions in that area. On a more serious note jobs that fit your description are at the end of a long career. A hard-working financial analyst in quantitative finance will earn a lot and work a lot, but after 15-20 years he can become a board member, which eases a lot of pressure, but still keeps similar payroll. Politicians in developing countries have a lot of possibilities of fraud and do not need to have good qualities to be elected, so that's the other job i'd recommend.
Ask szeweningen: 12/22/2012 17:38:30


Accept my Surrender
Level 10
Report
Do you beleive communism could ever work in a large country without the whole population being totally devoted to the idea?
Ask szeweningen: 12/22/2012 17:48:06


SevenDeadlySins*Vanity*
Level 2
Report
No, I don't believe it.

Communism can work on a very small scale, the fundament of our society, family, is a type of a commune... The difference in scale is not only quantitative, but qualitative. In modern society market and prices serve as primary canals of information distribution and without it there is no room for economic calculation which is the base for any economic decision making process. As a reference i'll give "Human Action" by Mises, chapter XXVI in particular. It is one of my favourite chapters in that book, very short and easy to understand.
http://mises.org/pdf/humanaction/pdf/ha_26.pdf
Ask szeweningen: 12/22/2012 17:54:37


szeweningen 
Level 60
Report
It seems vanity is vane enough to answer someone else's questions... It seems we have one more person familiar with austrian works which pleases me.

My answer is simple, communism cannot work, because of lack of basic market process. Whether the society is devoted to the idea or not is irrelevant, it can only influence how long the system will last. It cannot effectively distribute nor plan properly, to quote a classic, "I want plans by the many, not by the few".
Ask szeweningen: 12/22/2012 18:06:04


{rp} Julius Caesar 
Level 46
Report
also in the end small minorities can do big things which is why the quote "the needs of the many outweigh the needs of the few" may be true in some respects the minority's have been known to revolt like the american indians at the battle of little bighorn they defeated a superior army for their freedom
Ask szeweningen: 12/22/2012 18:35:23


[WG] Warlightvet 
Level 16
Report
why is hellbender potsing here?
Ask szeweningen: 12/22/2012 18:39:48


{rp} Julius Caesar 
Level 46
Report
whats with the doucebagyness today warflowvet? who crapped in your cornflakes
Ask szeweningen: 12/22/2012 18:44:37


szeweningen 
Level 60
Report
Around the age of 13-15 kids start to become adults in a slow and painful process. Part of that is to seek social approval through various methods. Internet provides a social interaction unlike any other, if we were to meet him in real-life we'd dismiss him completely knowing how old he is and what social position we do have. On the other hand internet forums can be stripped of human interaction, yet you can seek approval there if you desire so. In real-life people feel awkwardness when they speak out having nothing to contribute, but here there is nothing from stopping him to post anything he wants, however nonsensical it might be. In order to mask some of his posts he uses quotes, historical references and uses big words like outweigh, making it seem like it's useful to the conversation. And that's why the cookie cr... sorry, that's why he posts here.
Ask szeweningen: 12/22/2012 18:47:44


{rp} Julius Caesar 
Level 46
Report
so close but yet so far.
i dont need your approval i just put in my two cents you dont like it i know somplace you can shove it
Ask szeweningen: 12/22/2012 18:49:05


szeweningen 
Level 60
Report
Again, just a reminder, please follow the rules for this thread, if you are not at least 16 do not post.
Ask szeweningen: 12/22/2012 18:49:33


[WG] Warlightvet 
Level 16
Report
into a slot machine?
as for your question hellbender, it was my dog.
the rules were clearly stated, you illiterate fool, 16+ players only can post here
Ask szeweningen: 12/22/2012 18:49:59


{rp} Julius Caesar 
Level 46
Report
i am 16
Ask szeweningen: 12/22/2012 18:51:13


Master Miyagi • apex 
Level 59
Report
and im 24 ;)
Ask szeweningen: 12/22/2012 18:51:36


[WG] Warlightvet 
Level 16
Report
except if you had 2 birthdays within a month you're not ;)
or else you lied before
Ask szeweningen: 12/22/2012 19:07:22


{rp} Julius Caesar 
Level 46
Report
nope im 16 turned it last week i was 15 sorry if i put the wrong age somwhere else
Ask szeweningen: 12/22/2012 19:12:20


{rp} Julius Caesar 
Level 46
Report
<a href="http://www.free-iqtest.net" title="IQ Test"><img src="http://www.free-iqtest.net/images/badges2/l126.gif" width="200" height="100" alt="IQ Test" border="0"></a>
Ask szeweningen: 12/22/2012 19:12:42


{rp} Julius Caesar 
Level 46
Report
i got a 126 on my iq test
Ask szeweningen: 12/22/2012 19:26:07

[WM] Artham 
Level 37
Report
What better index then NPV and IRR would you reccomend for evaluating real estate investment and why?
Ask szeweningen: 12/22/2012 19:56:04


Ironheart
Level 53
Report
If i am allowed to comment how the hell did hellbender get 126 on a highly flawed test taken off the internet.Forget the legitimacy and accuracy of the tests he couldn't possibly get 126 especially considering the average for his age which he acts below.
Ask szeweningen: 12/22/2012 20:52:20


Accept my Surrender
Level 10
Report
Thank you so much guys! Though I did not get to finish it, that chapter just taught me so much!
Ask szeweningen: 12/22/2012 21:07:06


[WG] Warlightvet 
Level 16
Report
hellovic, if you got 126 on one of those internet tests then it means you're a retard, the average for those was moved to 150
which puts your real iq at about 70
Ask szeweningen: 12/22/2012 21:17:55


szeweningen 
Level 60
Report
@Artham,

That depends on the type of investment. NPV and IRR are general indexes meaning they can be used to pretty much any type of investment, but the real question is how to evaluate future cash flows. From financial analysis' point of view any future cash flow undergoes certain risks that have to be considered during the evaluation period. Real estate investment, whether building for rent or for sale, is usually very demanding when it comes to capital requirements, thus exposing itself to business cycle risk. I'd be focused mostly on shifts in demand on the market when evaluating an investment like that. We cannot perceive demand directly, but we can observe a few key indexes, for example with non-commercial investments it'd be mortgage backed credit volume (most of the time can be found ni reports that bank give out to financial overseers like KNF i Poland). The other factor might be surplus of supply, which we can observe by comparing the volume of offers on the market to absorptivity of the market (based on past data). With commercial investments it is not that easy since market participants are not homogenous, thus it's harder to see overall demand in the market, so most of the time risk is not used in terms of financial analysis but rather history of the counterparty and your firm. I hope that answers the question at least partially.
Ask szeweningen: 12/22/2012 21:39:30


{rp} Julius Caesar 
Level 46
Report
you just have to rip me down dont you well two words FUCK YOU i dont care
Ask szeweningen: 12/22/2012 21:46:39


[WG] Warlightvet 
Level 16
Report
dear yuri hellovic benderov
why are you posting that if you don't care?
you obviously lack the intellectual capacity to understand the concept of hypocrisy...
Ask szeweningen: 12/22/2012 21:50:05

[WM] Artham 
Level 37
Report
I should rephrase my question mayby or rather expand on it's purpose.

A part of my job is preparing analisys, which are the basis for a bank or other creditor to finance an investment (mostly in real estat, thus my specifing in the question). My goal is not really to know if an investment is good or bad - I have other tools for that. I need to prove to smbd who doesn't know the market well enough that is good. Specifiacly to a financial analyst in the bank. As I don't have much (or rather any) theoretical background, I'm wondering what indexes do financial analysts belive in :).

As for cash flow in real estate - if you have good enough knowledge of the market it's not really hard to estimate it for rental investments (assuming you have a big enough scale). It is a lot harder, when you comercialise through sale - that's alweys a bit of a lottery.

So to sum up my question should be - if you were given a task to evaluate wheter an investment is worth financing by your employer (let's say it's a bank), what index would most convince you?
Ask szeweningen: 12/22/2012 22:46:29


his balls. 
Level 60
Report
Why is everyone so harsh on Hellbender? He seems sound enough and (although I haven't been through the forum archive) as far as I can see doesn't have a bad word to say about the rest of you.

BTW Hellbender, I think its cool that as a just turned 16 year old warlight is your game of choice.
Posts 1 - 30 of 93   1  2  3  4  Next >>