this post was submitted on 24 Jan 2024
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ok maybe i'm a pessimist but this sounds like a warren voter to me
Warren hexbear poster? That seems less likely than a finance firm socialist somehow lol
I went to a Chapo live show once and saw a whole bunch of Beto bumper stickers that I don't think were ironic
Eh, you'd be surprised. I know a few leftists working in fintech, it pays damn good and the marginal evil-utility of arbitrage or something is pretty low compared to the kind of shit they'd be enabling at FAANG.
It doesn't surprise me, actually. I think people working in finance would know better than anyone else just how bullshit the whole system is.
I was a Ron Paul loving, fed-obsessed teenager. Reading a ton about economics and finance is what got me here, plus the post-Trump vibe check
I can't remember where it was, but I was listening to an interview with a left-wing guy who worked for some sort of stock buying/trading company. He said his strategy was to just assume all the hype was bullshit and things were only going to get worse. Apparently he performed so much better than everyone else that his boss just assumed he was doing illegal insider-trading stuff.
Gary Stevenson became top trader in the world at one point by realising that capitalism is a shit show and betting on crisis after crisis. Has some good YouTube videos and I think it's publishing a book this year.
Never trust anything a stock guy says to the public. Have you seen the stock market since post-2020 crash? Absurd gains
he had already left the industry by the time of the interview, but fair. second hand anecdotes should be treated as amusing fiction at best
Many/most reputable places that do this kind of trading have fixed whole market exposure, either long only or long/short (and a lot are long/short). The idea being that since it's mathematically impossible for the average hedge fund to beat the market in the long term by much (tbf, less so since the rise of index funds), they should at least be able to provide returns that aren't correlated to the stock market, as any idiot can get correlated returns.
Besides, everyone knows that just because things are getting worse doesn't mean number won't go up - you'd typically trade on the belief that number go up in some more sophisticated way, perhaps by predicting what the fed will do to make sure number go up, or how the books will be cooked to make sure number go up.
This video?
https://m.youtube.com/watch?v=ViY-zI3b5JQ
I think that's the guy, though I heard of him via interview in someone else's show. Can't remember which podcast it was.
trashfuture had a finance guy on who was kinda like that. just kept betting interest rates would stay low
I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy:
he said Sanders
i'll allow it
It'll have to do
I know a friend who is a communist and organizes and they with no restraint worked on a project at a FAANG to allow the intelligence agency of another imperial core country to spy on their citizens
Also know an organizer who leads an org of ~70 people at a $XX billion dollar company making >1 mill per year lmao
Fucking hell America is never getting a revolutionary advance dawg
When something pops off in a city like NYC though there are enough people active that aren't even in orgs that they can make the police retreat, I have some hope for the future, a lot of young people got their first taste of a sort of action in 2020 and many are still down for the cause. The most serious revolutionaries aren't going to talk about it much.
Why do you say that?
because ostensibly leftist orgs are being run by finance vampires
Is that a problem?
Is labor aristocracy being in charge of organizations whose aim is to advocate for working class people a problem? I sure think people making six figures are likely to be disconnected from working people who actually struggle, so yes.
Hmm, I may have personal bias there but I don't think that earning a high salary excludes someone from having empathy for working people's struggle.
It doesn't exclude you but it certainly suggests someone else with direct knowledge and experience should be in charge. Their material conditions put completely different pressures on them than they do poorer comrades.
I don't necessarily disagree. I just think the thought process isn't good. Good people come from all places and we shouldn't restrict people from leadership positions based on income or wealth. Restrict them if they act in a way that limits the movement.
I will forever be suspect of any org with finance vampires anywhere near the levers of power. I'm a materialist, not an idealist.
god damn maybe I should have just taken that fukken military contractor job I was offered if that's where the bar is
Please don't, Silicon Valley is just the biggest fucking meme in this world
just being cheeky, my current job makes some guy I don't know rich but at least I don't have murdered kids in Gaza on my conscience.
Could be, but what Warren voter thinks Hexbear is cool?
one that doesn't check in on the site very often and thinks voting for warren is being a hard-nosed realist lefty from way back
Liz Warren DSA PMC?