173
submitted 2 years ago* (last edited 2 years ago) by silent_water@hexbear.net to c/chat@hexbear.net

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)

you are viewing a single comment's thread
view the rest of the comments
[-] nat_turner_overdrive@hexbear.net 108 points 2 years ago

finance

boss

leftist

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

[-] hexaflexagonbear@hexbear.net 57 points 2 years ago

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

[-] axont@hexbear.net 29 points 2 years ago

I went to a Chapo live show once and saw a whole bunch of Beto bumper stickers that I don't think were ironic

[-] DefinitelyNotAPhone@hexbear.net 40 points 2 years ago

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.

[-] CthulhusIntern@hexbear.net 41 points 2 years ago

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.

[-] HamManBad@hexbear.net 32 points 2 years ago

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

[-] Wheaties@hexbear.net 39 points 2 years ago

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.

[-] redtea@lemmygrad.ml 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.

[-] GaveUp@hexbear.net 31 points 2 years ago

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

[-] Wheaties@hexbear.net 19 points 2 years ago

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

[-] sysgen@hexbear.net 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.

[-] DayOfDoom@hexbear.net 8 points 2 years ago* (last edited 2 years ago)
[-] Wheaties@hexbear.net 9 points 2 years ago

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.

[-] combat_brandonism@hexbear.net 6 points 2 years ago

trashfuture had a finance guy on who was kinda like that. just kept betting interest rates would stay low

[-] HexReplyBot@hexbear.net 1 points 2 years ago* (last edited 2 years ago)

I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy:

[-] GaveUp@hexbear.net 38 points 2 years ago* (last edited 2 years ago)

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

[-] aaaaaaadjsf@hexbear.net 39 points 2 years ago

Fucking hell America is never getting a revolutionary advance dawg

[-] tocopherol@lemmy.dbzer0.com 17 points 2 years ago* (last edited 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.

[-] Wakmrow@hexbear.net 4 points 2 years ago
[-] nat_turner_overdrive@hexbear.net 3 points 2 years ago

because ostensibly leftist orgs are being run by finance vampires

[-] Wakmrow@hexbear.net 1 points 2 years ago
[-] nat_turner_overdrive@hexbear.net 2 points 2 years ago

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.

[-] Wakmrow@hexbear.net 2 points 2 years ago

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.

[-] nat_turner_overdrive@hexbear.net 1 points 2 years ago

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.

[-] Wakmrow@hexbear.net 1 points 2 years ago

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.

[-] nat_turner_overdrive@hexbear.net 3 points 2 years ago

I will forever be suspect of any org with finance vampires anywhere near the levers of power. I'm a materialist, not an idealist.

[-] Sinistar@hexbear.net 14 points 2 years ago

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

[-] GaveUp@hexbear.net 17 points 2 years ago* (last edited 2 years ago)

Please don't, Silicon Valley is just the biggest fucking meme in this world

[-] Sinistar@hexbear.net 16 points 2 years ago

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.

[-] edge@hexbear.net 34 points 2 years ago

Could be, but what Warren voter thinks Hexbear is cool?

[-] nat_turner_overdrive@hexbear.net 24 points 2 years ago

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

[-] Magician@hexbear.net 22 points 2 years ago

warren-snake-green is a great shibboleth.

[-] Nationalgoatism@hexbear.net 3 points 2 years ago

Liz Warren DSA PMC?

this post was submitted on 24 Jan 2024
173 points (100.0% liked)

chat

8636 readers
195 users here now

Chat is a text only community for casual conversation, please keep shitposting to the absolute minimum. This is intended to be a separate space from c/chapotraphouse or the daily megathread. Chat does this by being a long-form community where topics will remain from day to day unlike the megathread, and it is distinct from c/chapotraphouse in that we ask you to engage in this community in a genuine way. Please keep shitposting, bits, and irony to a minimum.

As with all communities posts need to abide by the code of conduct, additionally moderators will remove any posts or comments deemed to be inappropriate.

Thank you and happy chatting!

founded 5 years ago
MODERATORS