*** Sat, 05/02/2015 - 14:01 | 6053912 Haus-Targaryen
On an aside -- I had to do a report on a couple asset classes in the
States over the past few months. I submitted it to my boss in the
States on Wednesday of last week. I laid out essentially and
irrefutiably why the asset classes are horribly over-valued, most of
the barometers used to measure their value are horribly bastardized,
and why we should avoid them like the plague.
My boss sent me an email Thursday in the US around noon EST -- where
he said he did not appreciate me injecting my opinions into the report
and I should try again without a biased approach. As an example, he
said I should take out the labor force participation rate as it is a
biased barometer and should use Federal Unemployment numbers
exclusivly. He said I should quit comparing the CPI to vairous food,
energy,education and medical care price indexes, as it presents an
unfair picuture of the USD's purchasing power of these assets and
should focus on the CPI instead. He said the Baltic dry index is
irrelevant and our clients care more about equity performances, and I
should take out the BDI.
Essentially he wants to lie through my teeth to these people. I don't
know what to do, except know for a fact that, given this guy is one of
the top 5 at a firm literally everyone on here knows -- and he is
considered to be a genious in his field -- we are all beyond fucked.
*** Sat, 05/02/2015 - 14:11 | 6053919 SWCroaker
Haus, my suggestion: get over it, learn to lie. Just don't ever start
believing your own lies.
Surviving in a f'ed up situation sometimes puts the positive aspect of
retaining your head above those accrued from a moral fight against the
system. Look in history to the example of Sophie Scholl, who (in my
armchair quarterback opinion) gave her life in protest, and thereby
removed herself from the scene for what could have been 70 years of
highly successful subversion and rebellion.
Spitting into the wind isn't all that noble in the end.
*** Sat, 05/02/2015 - 14:23 | 6053941 Haus-Targaryen
This is essentially what I am doing.
"Yeup, MBS are a great and safe buy. Seriously. Its different this
time."
I am documenting this via emails to myself. Noting what egregious
bullshit it is, and how I am being forced to do this and by who. No
one will hang this around my neck when this whole thing burns to the
ground again.
But I guess I gotta keep doing this kinda crap until I can start
making some decisions around here -- assuming we survive the next
"correction" -- which I am not sure of.
*** Sat, 05/02/2015 - 14:28 | 6053950 Skateboarder
Hang in there Haus, and give 'em what they want - you don't need to
feel bad. It's all lies in the end anyway. Stay true in your heart,
and live for the remaining righteous things in life. In the days of
manufactured existence, righteousness is you producing
'unmanufactured' output. Always important to remember that job =/=
work. Your work is what defines your contribution and connection to
the universe, and it can be entirely within your head.
*** Sat, 05/02/2015 - 14:13 | 6053925 DontGive
Is this a joke? If not, my 2cents:
Keep the original report. Record/note anything he says about it.
When the shit hits the shit, pull out your notes and burry that
mothercuntfucker. That is if you still have your job. Then take his
job.
*** Sat, 05/02/2015 - 14:26 | 6053944 Haus-Targaryen
Not a joke. 100% serious.
You and I were sharing a brain waive length on that one. See my
response above.
*** Sat, 05/02/2015 - 14:34 | 6053956 GRDguy
Haus-Targaryen: Yu'all in good company.
"The men the American people admire most extravagantly are the
greatest liars; the men [and women] they detest most violently are
those who try to tell them the truth." H.L. Mencken (1880 – 1956)
*** Sat, 05/02/2015 - 14:34 | 6053962 corporatewhore
whistleblowers and corporate truth sayers aren't held in high regard
in the corporate world. Save your ammo just to protect yourself.
*** Sat, 05/02/2015 - 14:24 | 6053943 daveO
If your name's gonna be on it, think about this;
http://www.charlotteobserver.com/news/b ... 54404.html
*** Sat, 05/02/2015 - 14:28 | 6053949 Haus-Targaryen
Yeah I know. With good enough documentation, I'll be okay.
*** Sat, 05/02/2015 - 14:31 | 6053954 daveO
And guess his tribal affiliation.
*** Sat, 05/02/2015 - 14:26 | 6053945 besnook
quit and go independent. the lack of money is more than made up in
freedom from loads and loads of bs from other people and you choose
the people you want to work with.
having your fairytale bubble burst by reality is always a life
changing moment. you either accept your slavery or decide to fight for
your freedom.
i have been free for almost 40 years now(if you don't count
wives). and i managed to accumulate a nice nest egg all without
qualifying for ss bennefits.
*** Sat, 05/02/2015 - 14:33 | 6053959 Haus-Targaryen
I am stacking like a motherfucker right now to do exactly that. Right
now my stack isn't enough to do much of anything with. I could
probably get myself a used VW CC -- but thats about it.
However, after we have one bank failure somewhere in the West that is
material, and too large for the state backed insurance company to deal
with it -- demand for AG and AU will skyrocket & I'll swap this into
RE.
I want to use the knowledge I have to make me rich, not other people.
Starting right now -- I tihnk is suicidal. I expect to be laid-off
within the next few years, so I am doing what I can while I can, and
attempt to get on my own in the bottom of the next crash.
*** Sat, 05/02/2015 - 14:33 | 6053958 corporatewhore
if the emperor wants no clothes who am i to deny such a
request?