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- link $NUSI: Net-Credit Collar on Nasdaq 100, Thoughts? NUSI tracks the Nasdaq 100 with a net credit collar that limits downside at the sake of some upside. Looks like it'd track around 70% of underlying upside and 40% downside based on historical performance (quite young tho). The net credit collar targets roughly a 0.65% monthly dividend under return
- Does real estate price in Indian metropolitan cities make any sense? I have been trying to find a decent villa or a spacious apartment for last 10 years in Bangalore. The prices just does not make any sense at all. I have stayed in Europe and Australia, and have some idea on the prices in suburbs there. Looks like Bangalore, and as a matter of fact cities like Mumba
- Joining pre-IPOs that don't offer all cash or let you choose the split is a bad decision. People are so greedy and let it causes them to blind their logic and common sense. Yes, the startup you joined and the options you were offered could go the moon. The same way you could win the lottery tomorrow. That also probably won't happen. Just look at how IPOs have performed recently and then
- When will the madness of working to death will end in the Tech Industry (mostly online services) ? My manager works his ass off, and expects the team to work their ass off. That pisses me off. He wants to die soon with a tummy which is ever increasing, fine do it. Don't expect others to be grinding their ass with no respect for body and enjoying life. I read similar stories around(amazon being
- Is it a good time to switch houses? Hello Blind! With the ever increasing expectation of the real state bubble bursting in Bay Area, mortgage interest at a bargain rates and insane valuations on the stock market during recession, is it a good time to change a condo to a house? In detail, I live in a 2bd Condo with my family. And as t
- GC holder lacking motivation to move outa TCS Seeking advice from y’all 🙌🏻 Graduated May 2019 and got into full time TCS as entry level software developer, TC 70 (still same after 1 year) I am being more than honest here. I have been listening people like you have a green card and you’re working in TCS?? I was always been like I need some p
- Deve Ramsey alternates Hello, Listening to Deve Ramsey for a while now. Awesome ideas but seems more for people who are almost nearly borderline poor or lacks basis economic common sense (like finance to buy a micro-oven). I am looking for some alternate gurus who can be more contexualized with the silicon valley fools(!)
- link Whelp, its coming The yield curve is approaching true, big-time inversion (10 year and 3 month treasury yields are already flipped, and now the 10 and the 2 year are bouncing between inverted and equal) What does this mean: Big money investors are stocking up on long-term treasuries (basically cash), and would rathe
- Any Canadians moving back to Canada? Have any Canadian expats here moved back to Canada from the U.S recently? I am really 50/50 on it. I moved to SF (originally from Toronto) a few years ago, thinking SF would be a fun place to spend my mid 20s in. While it's decent in amount of things to do, it's also dirtier than expected and really
- vote Meritocracy in Tech Tech started out as a meritocracy, and a lot of us still operate personally in a meritocratic bubble; hard work and talented person will grow. We continue to grind and be in this borderline abusive relationship with our employer, just to see that all the career growth is snatched by external hires o
- Housemate stinks. Need solution asap So one of my housemates who I'm staying with rarely showers or has a bath. I have never seen him have a shower albeit one or two times since the 1 year I have been living with him. When he moves, there is this bubble of horrendous smell that moves with him. My other housemate and I are clueless of
- link Discord for technical people into Crypto + Stocks -- crowd sourced calls and knowledge share I posted a few weeks ago but I guess the link expired, here is a new link that shouldn't expire: https://discord.gg/vPxD8z9g We've gotten a lot more activity in the discord lately and happy to say I am learning new stuff in there again! Happy to say that alt season is still happening, have had sign
- How to get into coding at 30 I will be 30 in a month. I was happy in my little manufacturing bubble working my life away in the midwest making 🥜. One fine afternoon, I get a call about a possible PM position at a EV truck company in California. I do great in the interviews and so I was asked to join a HR call to talk about th
- Where will you dorks be in 20 years!?!? I'm kinda drunk/high right now.... 41 years old. Talking to the wife about where we thought we'd be vs where we are in our lives and careers specifically. Where do you nerds see yourselves in 20 years? To start off, I got hit by the 2000 .com bubble and couldn't find a job to save my life. 3 yea
- Jumping from established box company to startup for $$ Hello. I am a senior engineer at a company I really enjoy working for, but I have realized several things about big box companies that don’t really bode well for my career growth and personality. 1. Not enough hats to wear. Hyper-specialization. 2. Pushed into management-type role from the start. I
- link Housing cost and cost of living (Seattle to Bay Area) I am considering moving from Seattle to Bay Area (South Bay), and still trying to better understand the financial implications. It seems that the key differences are: state tax (9.3%) and housing (which is roughly 70% more expensive). That gives a cost of living figure between 20 and 50% more expe
- Short the tech industry to CYA? I’m currently in grad school and am going into tech post graduation at a pre-IPO company. Right now, tech valuations are at huge highs. If there is a valuation bubble burst in the next 1-2 years, I think it could greatly hurt my compensation. Half of my comp is equity, which would be dramatically
- vote Thoughts on salaries (we’re in an interesting time) I work for MSFT and previously a FANG (I’ve dropped Amazon from that acronym and I encourage others to do the same). I live in a low cola area and work remote. At a neighborhood poker game a recruiter more familiar with the local tech scene kept trying to start a conversation with me. I was polite
- Most dangerous companies to join for external hires I am sick and tired and sharing my Amazon experience. When I joined Amazon I was put into a project. The project started 2 years ago with extremely ambitious goals and tall promises of hunky dory world. The people behind the project were darlings of the management and they got their promotions and q
- link What leetcoders hope software engineering is like If you’re a graduate interviewing for a software job and wondering what a typical day is like, here’s some notes from what I did last Tuesday. It was a pretty typical day. First, as soon as I got to work I realized the night shift had set the linked list up backwards. Doh! I quickly went to the whi
- link Discord for technical people into Crypto + Stocks -- crowd sourced calls and knowledge share I posted a few weeks ago but I guess the link expired, here is a new link that shouldn't expire: https://discord.gg/vPxD8z9g We've gotten a lot more activity in the discord lately and happy to say I am learning new stuff in there again! Happy to say that alt season is still happening, have had sign
- Grateful but nervous 23 year old with a few questions I just turned 23, am from a tier-2 engg college in India (2020 grad),i somehow made it to Amazon. Been >1.5 years now, got promoted to sde2 recently and will make >50LPA this year..no way I could’ve imagined I would make this much. I am not bragging, these salaries are out in the open. I’d be
- Help with Car Purchase! Used cars market is sky high! Hello Blinders, I don't have a car right now and I really need one. I like cars but I also don't want to lose a lot of money. Based on my criteria, buying a used car ~3 years old used to be the most optimal choice for me. The car is still new (so won't have problems) and even if it is low in miles
- vote Should I take LinkedIn over Google/Youtube Hi all, just got email from LinkedIn that they would like to move on with an offer. However, I just changed my job from Indeed to join Google(Youtube) about 6 months ago(I actually got the Google offer in June but due to visa issue, can only join full time by Nov last year) LinkedIn: Pro: 1.They w
- Change often or stay focused? Engineer here. Work has gone well in my short career (2.5 yrs) and I've had some advancement. Like everyone on here I get tons of offers to regularly jump ship. I'm generally happy with my job and have a great manager. Company is good. The actual work is so so. Could be more interesting or engaging
- vote The case for why housing is only plateauing, not crashing This Bloomberg article is the most balanced view on what’s going on in the housing market: https://www.bloomberg.com/news/articles/2018-07-26/american-housing-market-is-showing-signs-of-running-out-of-steam Interesting points from the article: “This could be the very beginning of a turning point,”
- For all of you who are burning out but want to stay for TC I've been there and here's my story: I joined a team at Amazon that had very high impact, good management, but bad WLB (very competitive, all team members were single who had no life but work). I learned a lot, but I couldn't continue as I had kids and family (working wife as well). So I left to a d
- Attitude problem or underlying anger issues Hello, I’m finding that my patience is wearing extremely thin at work. I keep getting messaged by people to help with issues, and I appreciate that I’m in a position where my work and expertise is acknowledged but I’m tired. It’s that despite doing my utmost to assist with root causes and document
- $100k vs $1M comp The way people sometimes discuss this topic annoys me on both sides and I felt like sharing some thoughts.. No, people that make $1M are not necessarily overpaid, the result of a bubble, favouritism, politics or whatever else No, an engineer (or whatever other role) doesn't need to be 10 times more
- Shall I leave Windows team (E+D org) ? I work in Windows Shell team in IDC and I have loved working here so far. I have become comfortable with WinRT/C++ and other technologies here and I can grow here with greater ease I feel with respect to other techs like WebDev, etc. There's so much to learn and the Windows fraternity is helpful a