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hill2016's Journal
hill2016's Journal
January 18, 2016

Bernie doesn't sound presidential

He does come off as quite angry. He should calm down.

January 17, 2016

How do I save money under single payer? Won't I be paying for other people's share?

If so, at least tell me what the bill is going to be before the primary!!! Shouldn't I be able to make a choice based on the full facts and figures?

Why didn't Vermont want to pay for single payer? How can we convince the rest of the country to do so?

I'm very concerned about these questions

January 14, 2016

Clinton is criticizing Bernie's implementation of single payer, which is state based. At some point

if she's losing enough she might pull out a single payer proposal that is federal based.

January 13, 2016

Not all hedge fund managers are rich. Many are like small businesses that create jobs

You need a compliance officer, a chief operating officer, a trader, personal assistant, marketing person (often the chief operating officer can double up or this could be outsourced to an external firm) at the very least.

This is before we even talk about the investment team. You probably one at least a couple of analysts from business school or private equity firms. They don't come cheap.

So all in you probably need at least seven or eight people (including the founder) at a bare minimum. The cost of compliance these days is quite high. Break-even AUM could be a few hundred million dollars.

Usually you donKt get much assets until the first three years of good performance, unles you are very well-known with a good track record from a bank (more rare as all the banks have to close their prop trading) or you came from another hedge fund. So you're basically taking a risk for the first three years.

January 11, 2016

Sanders was behind in Iowa until his campaign accessed sensitive data from the Clinton side

One month later, he has caught up.

What are the lessons we can teach our kids from this? Lincoln was "Honest Abe". What about Sanders?


“All of [the data] is extremely valuable; it is work produced by tens of thousands of volunteers," Benenson said, adding that "it is part of a road map to how we are running and strategizing in our campaign and how we get to the totals we need to win in Iowa and New Hampshire, especially,”

January 10, 2016

Hillary's Iowa press spokesperson sounds like a very important job

However I'm wondering why didn't her mom ask for a slightly bigger state, like Minnesota or Wisconsin?

Makes you wonder what kind of favor you need to get your kid into Clinton's New York, California or Florida campaign?

January 6, 2016

If you cap interest rates won't banks stop lending

To their riskiest clients especially on an unsecured basis?

Hope Bernie has thought this one through

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