/lit/ - Literature

[Anonymous No.20252223]

Do these people ever remove themselves from themselves and realize they are just wild animals, eating, shitting, fucking, and dying like the rest of us?
What are they in it for? What are they chasing? It seems like from birth these people never questioned anything. Their successful parents instilled some sort of “drive” in them to do better than others and to accumulate shiny things. I don’t believe these people are smarter than those beneath them, therefore nurture must be the deciding factor here. Most highly intelligent people live middle class, to upper-middle class lives. I would much rather see a prominent scientist, mathematician or philosopher in his position, but no, it’s always some egotistical finance guru type.

Although I am generally a peaceful individual, for some reason I want to see people like this suffer, just temporarily, as a learning experience, so they can understand what most people have to go through. An angry mob should be able to take stuff away from these people by force. I’m not even a communist, it just doesn’t seem logical that these people maintain their lifestyles from birth, then die with an empire. Even when they go bankrupt, they still maintain their position near the top of the hierarchy.

[Anonymous No.20252229]

>>20252223
>What are they in it for? What are they chasing? It seems like from birth these people never questioned anything. Their successful parents instilled some sort of “drive” in them to do better than others and to accumulate shiny things. I don’t believe these people are smarter than those beneath them, therefore nurture must be the deciding factor here. Most highly intelligent people live middle class, to upper-middle class lives. I would much rather see a prominent scientist, mathematician or philosopher in his position, but no, it’s always some egotistical finance guru type.
This is exactly why I hate people with business degrees. The most boring people.

[Anonymous No.20252241]

>>20252223
>/lit/ - Literature

[Anonymous No.20252251]

>>20252223
>Although I am generally a peaceful individual, for some reason I want to see people like this suffer, just temporarily, as a learning experience
So you are not a peaceful individual
If you have no functional, philosophical solution to the capital problem besides stifling competition, you are not nearly wise enough to speak on the subject as you do.

[Anonymous No.20252276]

>>20252223
They blindly worship technique.

[Anonymous No.20252287]

>>20252251
You’re right. I am not wise enough. That’s why I am here. What you just read was nothing more than my emotional outpour

[Anonymous No.20252298]

>>20252287
>That’s why I am here
What the fuck are you doing on 4chan trying to attain wisdom
Go to a library and read nigga read
Or meditate I guess

[Anonymous No.20252318]

>>20252298
Posing questions to people who read books. It’s better than any search engine.

[Anonymous No.20252322]

>>20252223
Talk to the employees of the companies he helps save from bankruptcy. Don't tell me, companies sell out to these guys because they're doing so good right.

His drive and success gives him access to extreme wealth, power, and connections. Millions of finance bros battle each other hoping to reach even 1% of his success, but yes of course some will succeed.

[Anonymous No.20252334]

>>20252318
Well my overly simplified recommendation is to asses your existential questions with a proper existential framework, stop being a materialist, realize that self destructive or regressive emotion is bad even if it's justified and realize that all temporary things are irrelevant in the grand scheme of things. Focus on what would be eternal, and find out what it is first.

[Anonymous No.20252490]

>>20252223
Hegel - Phenomenology of Spirit - chapter 5, section C, subsection A - The Spiritual Animal Kingdom; and chapter 6, section B, subsection 1A - Culture and its realm of actuality

[Anonymous No.20252717]

How the hell do Hedge funds actually make any NEW money?

[Anonymous No.20252719]

>>20252717
Money is not fair nor just. Especially fiat.

[Anonymous No.20252720]

saged and reported

[Anonymous No.20252722]

I've never heard of this book. Is it interesting?

[Anonymous No.20252730]

>>20252223
He's just a hedge fund manager, not so different from the average /biz/ poster with more money. Bill Ackman is also down big in Netflix today and is holding a huge bag so sucks for him KEK

[Anonymous No.20252734]

>>20252719
Yeah, but all these dudes are doing is help hedge the bills for whatever financial institution wants their safety.
They arent making money, right?
Are they betting against their clients?

[Anonymous No.20252752]

>>20252734
Hedge funds are able to use more complex strategies than regulated funds available to most retail investors like mutual funds and ETFs but are only really open to investment from very high net worth investors looking to get ROI on their existing wealth. Usually hedge funds take 2% of the assets under management and 20% of the profits generated by their investment

[Anonymous No.20252758]

>>20252717
Some of it is prudent investment in real value, that becomes more valuable because of the investment, and hence making "new" money - simple example, investing in an ice cream truck business that only has one truck, which is not currently enough to meet demand. This investment is a reflection of real value. Ice cream company, investors and people buying the stuff all get something they want. Everyone wins.

The vast majority of it, however, is funny money derived from financial derivatives, which is completely and utterly fake. They'll get some insider info that netflix is about to show a less than optimal earnings and growth report a few weeks in advance, short the stock, dump all over retail investors, and have made a stupid amount of money based on no real value whatsoever. Hedge fund is happy, netflix and consumers are not.

[Anonymous No.20252769]

It’s almost like christians had a reason for condemning usury.

[Anonymous No.20252771]

>>20252769
And isn't it remarkable that hardly any self-declared christian today does so?

[Anonymous No.20252773]

>>20252730
But does it ever matter if these people are down on their investments? Their lifestyle won’t change, their position on the hierarchy doesn’t change

[Anonymous No.20252774]

>>20252752
>Hedge funds are able to use more complex strategies than regulated funds available to most retail investors like mutual funds and ETFs
why do they get this specifal privilege?
>>20252758
>They'll get some insider info that netflix is about to show a less than optimal earnings and growth report a few weeks in advance, short the stock, dump all over retail investors,
1. Isnt this insider trading and wouldn't the SEC prosecute that?
2. They short "nettflix" stock via who? who are they making this deal with who then suffers the consequences? Why would anyone bet against Hedge Funds when it is a known rigged game?

[Anonymous No.20252778]

That guy's suit is probably worth more than all of mine combined and I dont even want to think about his watch and car.

[Anonymous No.20252781]

>>20252769
>muh usury
most of these funds would die if it wasn't for the Fed pumping a ton of money into the economy after printing it out of thin air, I remember being impressed by that one zippycatholic post about muh usury several years ago but in retrospect it's obviously retarded. The cure for ridiculous wealth inequality right now is raising interest rates.

[Anonymous No.20252786]

>>20252276
yep this

[Anonymous No.20252789]

>>20252774
Basically anyone can start a hedge fund in the Caymans with enough money if they want to, probably with under $1m. The hard part is finding enough people who want to invest in your fund.

>>20252773
If you get blown up investors will withdraw capital, many hedge fund managers invest their own money into their funds so if they get blown up they take a significant hit. It's not as if they're going to become poor but I imagine it's a significant ego hit, like being a washed up athlete.

[Anonymous No.20252792]

In my experience, people like this are simply in too deep to foresee a feasible (or at least controlled) way out. Like most people, they do what they do out of habit and out of fear. Their range of knowledge is, like the rest of us, limited and so they can only make decisions within that range of knowledge.

[Anonymous No.20252800]

>>20252774
>1. Isnt this insider trading and wouldn't the SEC prosecute that?
The SEC is staffed by hedgies in a revolving door scheme. I cannot stress this enough: the entire system is a complete and total scam, the politicans bought and paid for. It should be completely mind-boggling to anyone how the financefags could fuck the entire world in 2008 AND THEN GET PAID FOR IT via taxpayer bailouts.
>2. They short "nettflix" stock via who? who are they making this deal with who then suffers the consequences? Why would anyone bet against Hedge Funds when it is a known rigged game?
Via stockbrokers who will give retailfags a pittance for allowing their stocks to be shorted, retailfags who are not aware that this stock in particular is about to get fucked.
Hedge funds don't always succeed, and they also compete against each other. As a retailfag, you might get lucky and back the winning horse. Chances are you wont. There's a reason that most traders looking to make obscene money from financial derivatives rather than through slow, boring boomer value investments get rekt.

[Anonymous No.20252811]

>>20252223
Is he a writer or something?

[Anonymous No.20252818]

>>20252223
They are black holes with an insatiable unquietness in their souls that must feed on money to temporarily relieve the emptiness gnawing at the deepest recesses of their sense of self. Without money they cease to exist , lack any purpose or meaning. Their are addicts who constantly need to "earn" more money to alleviate their perpetual hollow cravings.

[Anonymous No.20252823]

>>20252800
>The SEC is staffed by hedgies in a revolving door scheme.
Without ever even dipping your toes in some modern day marxist tier criticism: How did these people get to be these priveleged people?
And why would powerful institutions like the military, both governmental and private, or the "independant" judicial branch not reel these people in when they seemingly are this all powerful?

There should be enough diversity in the financial field willing to sacrifice "friends" to become the biggest dog themselves, no? They cant all be buddies who always agree.

BTW, Id take book recomendations on all of this.

[Anonymous No.20252832]

>>20252792
Based

[Anonymous No.20252834]

>>20252223
This thread is bait...

[Anonymous No.20252844]

>>20252334
KEK nothing is eternal. Welcome to reality