Vent and Post Your Random Rant Here

Anchorpunch

Well-Known Member
Site Donor
Joined
Nov 29, 2014
Cowards. Sorry dude.
That’s fucked. Sorry man.
Thanks both. I'm cool. I'm bummed and worried about my future given some recent bumps on my resume, but I know I'm fortunate overall and I'm even mid-way in interview process for my dream job somewhere else (though low likelihood of making it).

The annoying thing is I think I'll lose the apartment I applied for. The coop board is very annoyingly worried about employment. So hopefully I get enough of a window (they are giving me time to job hunt internally in other groups) that I can close on the apartment before the ax comes down.
 

Anchorpunch

Well-Known Member
Site Donor
Joined
Nov 29, 2014
So I have until Jan 31st to find something in the same company, otherwise I'm terminated. It's a small company, so that's unlikely, but I'm getting my resume together and trying for the best. Otherwise, I get a very unceremonious farewell at the end of the month.

All because, seriously, while we made millions and millions of dollars in profit (PROFIT), we didn't make as much as other people in the market did. So we suck. Apparently. Finance is retarded.
 

Kevo

SMOKE BOMB!
Joined
Feb 1, 2010
Location
Evanston
So I have until Jan 31st to find something in the same company, otherwise I'm terminated. It's a small company, so that's unlikely, but I'm getting my resume together and trying for the best. Otherwise, I get a very unceremonious farewell at the end of the month.

All because, seriously, while we made millions and millions of dollars in profit (PROFIT), we didn't make as much as other people in the market did. So we suck. Apparently. Finance is retarded.
So you're getting shit canned to save the company money?
 

Anchorpunch

Well-Known Member
Site Donor
Joined
Nov 29, 2014
So you're getting shit canned to save the company money?
Weirdly, not at all. I'll explain the details and hopefully not bore you because I think it's quite the hilarious story of our economy:

The way finance works is you have a sell side and a buy side for all market activities. The sell side "makes the market" by pulling together the, for example, equities in advance that people want through an IPO. The buy side is the investor, like a hedge fund where I work. (Aside) The sell side is usually a bank and has a lot of other roles in the market, but almost all are what IMO should be considered market "stewardship" not straight market capitalism. But, what do I know?

Now a buy side investor (e.g. hedge fund) makes many trades and holds many instruments in what's called a portfolio. And an institution maintains multiple portfolios. They then manage and market these portfolios separately. In the same way a bank, for example, markets a saving account with a 0.00002% interest rate to you. The marketing message is basically: "Portfolio X represents our Y strategy and had a return of Z% this year." So the number Z becomes part of the brand and reputation of the fund. But what if Z is below market (i.e. what if other hedge funds are offering better return for similar exposure)? In that case, people will eventually put their money elsewhere.

So why is that important? Because we made profit (i.e. my costs and everyone else's costs are covered and there are millions of dollars going into the owners' pockets). Z was positive and our investors made money. But they could have made even more money if they had given it to a different hedge fund, i.e. take their business elsewhere. And so, eventually, they will move their money. That means our long-term viability, assuming nothing changed, is negative. But, in the short term, the owners literally throw away profit. Meaning they don't save money by shutting down the division, they lose it.

The hope is that you can correct things so the short-term profits stay and the long-term viability is addressed. The problem is that that is a political exercise. People want their own teams and their own visions. Currently, one of the new visions is to not do one of the major strategies anymore. Hence killing off all the people associated with it.

But the part I find to be (darkly) funny is the paragraph before the last one, where the only problem is that they could have made even more money. And the consequence of that justifies 20+ people losing their jobs.
 

Anchorpunch

Well-Known Member
Site Donor
Joined
Nov 29, 2014
I knew you were looking for a dog. Did you post about getting one?
Sorry about that- I think I've posted about her but not a specific "hey guys, I got a dog" post. I was a little overwhelmed when I first got her.

She's amazing, a mix of a Jack Russell and a pitbull. She's smart, social, and extremely stubborn. Teaching her to walk on a leash continues to be a pain in the ass lol. But my days are at least one hour every day at the park with her, and her days are filled with toys and treats. It's a good setup.
 

Poindexter

Reputation: ∞
Staff member
Joined
Aug 26, 2008
Location
The Abyss
Sorry about that- I think I've posted about her but not a specific "hey guys, I got a dog" post. I was a little overwhelmed when I first got her.

She's amazing, a mix of a Jack Russell and a pitbull. She's smart, social, and extremely stubborn. Teaching her to walk on a leash continues to be a pain in the ass lol. But my days are at least one hour every day at the park with her, and her days are filled with toys and treats. It's a good setup.
Pretty awesome. Congrats.
 

Anchorpunch

Well-Known Member
Site Donor
Joined
Nov 29, 2014
Didn't make the cut for the dream/just much better job. They said I might be a fit for something else though, going to interview next week. I'm pissed at myself for not doing better in the product interview.
 

Kano

My New Challenge
Site Donor
Joined
Dec 3, 2014
Location
Icebox of the Nation
Here's the forecast for tonight. My car will be sitting outside in the parking lot at work for 13 hours. I'm hoping it starts in the morning.

Tonight
A chance of flurries before 11pm. Partly cloudy, with a low around -31. Wind chill values between -40 and -50. Breezy, with a west wind 10 to 15 mph, with gusts as high as 25 mph.
 

GingerPowerBottom

mortality, ka, and the Tower
Joined
Nov 25, 2011
Here's the forecast for tonight. My car will be sitting outside in the parking lot at work for 13 hours. I'm hoping it starts in the morning.

Tonight
A chance of flurries before 11pm. Partly cloudy, with a low around -31. Wind chill values between -40 and -50. Breezy, with a west wind 10 to 15 mph, with gusts as high as 25 mph.
I think it’s cold and it’s a whopping 23 here. Got a good fire going. If your car doesn’t start can’t you just run home @Kano? We got snow as well. Not much yet. I love the snow. Don’t love the cold though.
 

Kevo

SMOKE BOMB!
Joined
Feb 1, 2010
Location
Evanston
Here's the forecast for tonight. My car will be sitting outside in the parking lot at work for 13 hours. I'm hoping it starts in the morning.

Tonight
A chance of flurries before 11pm. Partly cloudy, with a low around -31. Wind chill values between -40 and -50. Breezy, with a west wind 10 to 15 mph, with gusts as high as 25 mph.
Sounds bit worse than us
 

GingerPowerBottom

mortality, ka, and the Tower
Joined
Nov 25, 2011
If the Bare Naked Ladies competed against Smashmouth in an mma match; they’d win by tapout due to strikes in the first round.

Edit: this may belong in the stoned thought of the day thread if there is such a thread.
Post automatically merged:

One more random thought: damn you nicotine for being so awesome. I used to be a smoker. I’ll go years without nicotine and then bam I’ll want some. And I start right back at the beginning b/c I can’t casually use it. Anyhow I bummed a dip off my buddy while hunting and I was right back on the train. This led to the store to buy the patch to quit again, cause I love the dreams I get when I sleep with it on. So, that’s wasn’t working so I thought I’d try the lozenges. They’re great. Highly recommend. Now I’m trying to quit them. Fuck me I always get myself into this shit.
(546 days without a drop of alcohol!)
 
Last edited:

Kevo

SMOKE BOMB!
Joined
Feb 1, 2010
Location
Evanston
If the Bare Naked Ladies competed against Smashmouth in an mma match; they’d win by tapout due to strikes in the first round.

Edit: this may belong in the stoned thought of the day thread if there is such a thread.
Post automatically merged:

One more random thought: damn you nicotine for being so awesome. I used to be a smoker. I’ll go years without nicotine and then bam I’ll want some. And I start right back at the beginning b/c I can’t casually use it. Anyhow I bummed a dip off my buddy while hunting and I was right back on the train. This led to the store to buy the patch to quit again, cause I love the dreams I get when I sleep with it on. So, that’s wasn’t working so I thought I’d try the lozenges. They’re great. Highly recommend. Now I’m trying to quit them. Fuck me I always get myself into this shit.
(546 days without a drop of alcohol!)
I used to do dip for a while before I met my wife. I stopped doing that and she stopped smoking cigs.
 

GingerPowerBottom

mortality, ka, and the Tower
Joined
Nov 25, 2011
It was 12 here yesterday but felt good in the sun. I’m running low on wood but going to go drag some up from behind my house in my woods. Not an easy operation. Wish Kano was here. He’d probably use my wheel barrow with shorts, shoes, and a t. Trying to pump myself up for this operation. I’m getting to old for this. Need to plan better for next year but I say that every damn year.
 

Beardown98

Well-Known Member
Joined
Oct 24, 2008
Location
Chicago Burbs, Illannoy
My poor furnace.
A few years back the inducer motor fried during a polar vortex (negative 40) I had to trick the furnace to turn on by spinning that motor while holding the safety switch in, just to start it. I’d have to kick the heat up to 90 so it would stay running as long as possible before it would overheat and trip it to shut off. I searched high and low for that thing. I found it online but would take a week to get. I had to Source it locally and got fucked. I ended up paying close to 500 for a 200 dollar part. I installed it my myself because they wanted another 200 to hook it up which was super fucking simple.
 
Last edited:

GingerPowerBottom

mortality, ka, and the Tower
Joined
Nov 25, 2011
Got probably 5 days of wood under my front awning now. Bring on the snow tomorrow. I really only need my wood stove if the power goes out. When storms force the power to go off we are the last people to get power back since we live in the country. Wood stove is pretty nice then. I also cook in it when that happens. Got propane as our main source of heat. Hank Hill would be proud. My wife helped me gather the wood I split. She’s a bad ass.
 

Users who are viewing this thread

Members online

Latest posts

Latest profile posts

I hate these filthy neutrals Kif. With enemies you know where you stand, but with neutrals? Who knows.

It sickens me.
My heart is made out of gold
I'm feeling unstoppable
Nothing can stand in my waaaaAAAaaaayyy
Two weeks down of my new job. Glad it’s Friday. Hope all you guys are well.

Forum statistics

Threads
42,059
Messages
1,087,327
Members
2,312
Latest member
ShakFu
Top Bottom