my boss said he doesn't personally post here but some others might. and my boss thinks it's cool that I'm a leftist, he's one too, apparently, and that a bunch of our coworkers are leftists. some of them might post here?? it's a finance firm -- the last place I'd expect this. how the fuck do they have a positive opinion of this place??

YOU HAVE TO TELL ME IF YOU POST HERE AND WHAT YOUR @ IS. THIS IS SO UNFAIR LEAVING ME ON THE HOOK LIKE THIS. DON'T MAKE ME POST PPB TO THE WORK SLACK AND SEE WHO LAUGHS.

(I use tree style tabs so they can read my tabs when I share my screen -- I didn't hide this place because who the fuck has heard of hexbear)

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[–] 108 points 2 years ago (38 children)

finance

boss

leftist

ok maybe i'm a pessimist but this sounds like a warren voter to me

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  • [–] 57 points 2 years ago (2 children)

    Warren hexbear poster? That seems less likely than a finance firm socialist somehow lol

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  • [–] 40 points 2 years ago (3 children)

    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.

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  • [–] 41 points 2 years ago (2 children)

    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.

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  • [–] 39 points 2 years ago (8 children)

    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.

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  • [–] 34 points 2 years ago

    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.

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  • [–] 31 points 2 years ago (2 children)

    Never trust anything a stock guy says to the public. Have you seen the stock market since post-2020 crash? Absurd gains

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  • [–] 17 points 2 years ago

    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.

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  • [–] 8 points 2 years ago* (3 children)
  • [–] 38 points 2 years ago* (last edited 2 years ago) (13 children)

    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 shrug-outta-hecks

    Also know an organizer who leads an org of ~70 people at a $XX billion dollar company making >1 mill per year lmao

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  • [–] 39 points 2 years ago (9 children)

    Fucking hell America is never getting a revolutionary advance dawg

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  • [–] 17 points 2 years ago*

    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.

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  • [–] 4 points 2 years ago (7 children)
  • [–] 3 points 2 years ago (6 children)

    because ostensibly leftist orgs are being run by finance vampires

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  • [–] 1 point 2 years ago (5 children)
  • [–] 2 points 2 years ago (4 children)

    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.

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  • [–] 2 points 2 years ago (3 children)

    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.

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  • [–] 1 point 2 years ago (2 children)

    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.

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  • [–] 1 point 2 years ago (1 child)

    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.

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  • [–] 14 points 2 years ago (2 children)

    god damn maybe I should have just taken that fukken military contractor job I was offered if that's where the bar is

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