ProfessorSenko

2.4K posts

ProfessorSenko

ProfessorSenko

@ProfessorSenko

Professor of personal finance & investments. Take my free course here 👇👇👇

Katılım Nisan 2022
122 Takip Edilen102 Takipçiler
Thomas Massie
Thomas Massie@RepThomasMassie·
To fund an overextended empire, Roman emperors debased their coins by diluting the precious metal content. This week, Congress will vote to eliminate the PENNY, which was already mostly zinc since 1982. The same bill will allow the U.S. Mint to make NICKELS with cheaper metal.
Thomas Massie tweet mediaThomas Massie tweet media
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ProfessorSenko
ProfessorSenko@ProfessorSenko·
@tomfgoodwin Seriously wtf is this all about? A small trash can doesn’t mean I generate less trash, I just have to empty it more frequently. Small water glasses mean I have to fill them more frequently. And my in laws now have to have 2 fridges instead of 1 normal sized one.
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Tom Goodwin
Tom Goodwin@tomfgoodwin·
We should move beyond the AC and Europe debate and onto how unfeasibly small Fridges and Washing machines are in Europe. I love so much about Europe but some things just seem oddly mean spirited
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ProfessorSenko
ProfessorSenko@ProfessorSenko·
@WallStreetMav I was on a podcast about 10y ago where I claimed I would be the last of the middle class. I still think that will be correct.
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Wall Street Mav
Wall Street Mav@WallStreetMav·
Will we even have a middle class in 10 years? It seems like the middle class incomes $60,000 to $150,000 are getting crushed. The 3rd world commonly has their upper class top 5% and almost everyone else is poor. Very few in the middle. It seems like the USA is heading that same direction.
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ProfessorSenko
ProfessorSenko@ProfessorSenko·
@WallStreetMav In Sweden you mail all of your packages etc at the grocery store. Grocery store employees handle all of the transactions, not actual postal employees. Mail is delivered to the house every 3rd day I think ?
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Wall Street Mav
Wall Street Mav@WallStreetMav·
US Stamp prices to rise from 78¢ to 82¢ today. When Forever stamps were introduced in 2007, they sold for 41 cents each. At the new rate of 82 cents, the price has doubled over the past 19 years. The postal service has a net loss of about $9 billion per year. They should consider cutting back deliveries to 3 days per week. They really don't need 6 day per week of home mail delivery service.
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ProfessorSenko
ProfessorSenko@ProfessorSenko·
@tixwilx1916 Friend of mine suggested this: once a team moves ball over half line they cannot move it back. Like the back court rule in basketball.
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Wicho Olea
Wicho Olea@tixwilx1916·
Si pudieras inventar una regla de fútbol cuál sería? Yo: Que tire penal el jugador al que le cometieron la falta, a menos que salga lesionado.
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ProfessorSenko
ProfessorSenko@ProfessorSenko·
@RudyHavenstein “The small crimes deserve death. And for the large ones I have no greater punishment.” —Draco
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Polymarket
Polymarket@Polymarket·
JUST IN: Federal Reserve taps Xbox CEO Asha Sharma to help lead jobs task force, days after she announced 3,200 layoffs.
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ProfessorSenko
ProfessorSenko@ProfessorSenko·
@ReptileRaised @Polymarket In my Intro to Investments students discount cash flows using a calculator that has only 4 functions: add, subtract, multiply divide. I feel if they can do that then they generally understand what they are doing. They also have to write out in words what the answer means.
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John Campise
John Campise@ReptileRaised·
@Polymarket Should we also go back to not letting them use calculators on physics exams?
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Polymarket
Polymarket@Polymarket·
NEW: Ivy League professor suspected AI cheating, ordered an in-person final, & saw average scores plunge from 96 to 48.
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ProfessorSenko
ProfessorSenko@ProfessorSenko·
@BrioEnfurecida Back in my day we had to buy stock in Renault and Peugeot if we thought a lot of cars would burn. (True story). Now you can just bet on the actual number. Progress!
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MOLLETE ESPAÑOL 🇪🇸
MOLLETE ESPAÑOL 🇪🇸@BrioEnfurecida·
Me gusta pensar que ahora hay alguien aparcando en los Campos Elíseos pensando “que raro, cuánto sitio libre…”
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ProfessorSenko
ProfessorSenko@ProfessorSenko·
@nobody_expects1 @scotus_wire And risk their cushy jobs as inside stock traders? Why would someone potentially throw away tens of millions in stock gains by upsetting one side or another with some legislation? Better to focus on their trading and let SCOTUS handle the laws.
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SCOTUS Wire
SCOTUS Wire@scotus_wire·
President Trump has indicated that the United States will seek rehearing of the Supreme Court's ruling on birthright citizenship. Rule 44 allows 25 days to seek rehearing. It requires the support of at least one Justice from the majority, and is rarely granted.
SCOTUS Wire tweet media
SCOTUS Wire@scotus_wire

🚨 The Supreme Court ruled that the Fourteenth Amendment guarantees birthright citizenship to children born in the United States, including those whose parents are in the country unlawfully or only temporarily, striking down President Trump's executive order.

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ProfessorSenko
ProfessorSenko@ProfessorSenko·
@calaufer @BlaiseInKC That blew my mind. I refused Vegas (from LA) for 3 nights to watch my sons team, the soccer equivalent of bad news bears. “Okay but you’re still legally obligated to pay your share of fees, coach expenses etc.” Fine, here’s $200. Better than spending $1,200 and being angry
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Cameron
Cameron@calaufer·
@BlaiseInKC The “Stay to play” rackets where you are forced into pricey hotels and everyone gets their cut is what fumes me.
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B. Miller
B. Miller@BlaiseInKC·
Putting aside the cost of club soccer, I think a problem with the club structure is almost every club coach does the same drills followed by a scrimmage. No discussion of tactics, game theory, nuance, etc. Kids are learning to beat their teammates but not necessarily developing.
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ProfessorSenko
ProfessorSenko@ProfessorSenko·
@BlaiseInKC I complained about this and a friend who played pro in Europe said to me: how many minutes does your son touch the ball during a 30min scrimmage? Is that the best use of his time? That’s not even counting the 10min of stupid exercises like kicking the ball 30y into empty goal
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ProfessorSenko
ProfessorSenko@ProfessorSenko·
@vihaaneaswar When I was complaining about the lack of value for money my friend said “A lot of parents love putting the club sticker on their SUV.”
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Vihaan Easwar
Vihaan Easwar@vihaaneaswar·
i don’t understand how pay-to-play youth soccer has its defenders because it’s so obviously a massive grift. the reason why it’s “the world’s game” is because of the low barrier to entry. you need a ball and two goalposts. so can someone explain to me what about that lends
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CoffeeBlackMD
CoffeeBlackMD@CoffeeBlackMD·
I’m seeing a lot of club soccer talk and US development … I want talk about that some. When my oldest son was in first grade my wife and I decided to get my oldest son into a sport. We settled on soccer. We played rec league. I wanted him to practice at least once per week and have a few games. First season was great. Then we moved to where I live now for a job. We tried rec again but coaches wouldn’t show up sometimes we couldn’t play games because of number of kids. It was a mess. We were told to join and club found a local one. They took our money and put our son on their “c” team. And he actually had a good season with these guys. That fall and spring. We played like that until like age 12 when there was an A and B team. My son easily made the second team. And for a few years, he’d get the occasional call up but played most of his games and time on that second team. At age 14 they paired things down further to ONE team. And my son made the cut. Some starts. A lot of starts really. And always first off the bench. The thing is, my son was fast. The fastest with biggest engine on the team (his mother’s genes) and they just never seemed interested in developing that as an asset. They could have too. The thing is I was very new to soccer. It was hard to know how to advise him. But he kept deciding to play. He kept showing up. So did I. He had GOOD high school seasons. He was largely self taught at one point. He’d have help from the older boys on the high school team who always wanted to see him win. Improve. He made the all state team. He put together his own highlight real and there were some good moments. And he went with a recruiting service. He found a spot on a community college team. They recruited him heavily. They were nice. They said he’d play. Both years. So. That’s where we went. I’ve posted a bit about that elsewhere but it didn’t work out there. And I brought my boy home. He wasn’t ready. The Lord bless my father heart … I had to let him try. And he WAS brave. And he DID try. But it was a lot. I’m proud of him anyway. He came home. He worked his way back into the local soccer community. And got an invite to try out for the college club team mid spring season. He tried out. They took him on. He wasn’t starting but he was playing. He found a bit of himself again. Second spring season with the university club team he blows his ACL. And in a game where he was playing so well. We get it fixed. He’s spent a year slow rehabbing it. He’s been cleared and is heading back to the pitch. His serious soccer playing days are basically nearing over but he’s got two more years of school left to play. And he will. It’s a very American kind of story. All along the way there was no real interest in developing the game or players. Even the very good players on his club team got not development. There is no intentional concentration of talent and training as an American organization of soccer. One player wound up D1 and that was in large part because his father had played D1 and got him the audition. He wound up on an MLS next team only because there was an association with the D1 team. I spent a lot of money and traveled all over the country for tournaments. I have mostly good memories of that time. And I didn’t realize it at that time but this was never done as development. It was merely done to play games. Which has some real value but there was no one out there looking to recruit to better teams/clubs and rarely anyone from a college. The post is getting too long to get into the problems with the college system. So in the end you can see the clear mess we have with youth development in our country. And it’s true until that is better figured out it will be near impossible to compete with countries that have more structured systems. I have ideas and it would require throwing a lot of money at it. Turning it from a money making scheme to a national imperative. It’s not an impossibility.
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ProfessorSenko
ProfessorSenko@ProfessorSenko·
@whs1243 @bobfescoe Exactly! The parents (me excluded) seem to love handing over $6,000/year for lousy coaching and mediocre results.
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Bill
Bill@whs1243·
@bobfescoe ??? Is the parents who are dumb enough to keep handing over the money. Of course people will take their money if they’re dumb enough to pay. Why would a soccer game, which is a minor sport in America, cause these parents to wake up and say, no more??
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Bob Fescoe
Bob Fescoe@bobfescoe·
Maybe losing in the World Cup in 2026 will be what changes youth sports in America. Parents are tired of being ripped off so their kid can play a sport. Its time for Youth Sports Reform. Parents incomes should NOT determine if a kid can play a sport.
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ProfessorSenko
ProfessorSenko@ProfessorSenko·
@bobfescoe I don’t think parents are tired of it. We got frustrated and stopped (10yo boy) but all the other parents kept going, despite poor coaching, out of town tournaments (we live in LA FFS) and unsafe play. Lots of parents complained among themselves but only 1 of us stopped.
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ProfessorSenko
ProfessorSenko@ProfessorSenko·
@CaptainCons You don’t get it: We’re in LA (pop 12m) so my 10yo mediocre 2nd Div team absolutely had to travel to Vegas for 3 nights (3 nights required by organizers btw) in order to find appropriately mediocre competition. The 30 teams w/in half hour drive are the wrong kind of mediocre.
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Cons
Cons@CaptainCons·
This cracks me up about youth sports Across the country, every group of 12 year olds is largely about the same talent wise. Yes, there are well coached/good teams and there are teams that struggle but largely every team is fighting toward the median But we’ve convinced parents that traveling 6 hours and staying in a hotel will somehow put you up against better talent when all you did was pick up a rec league as is and move it 6 hours away Comedy
Mark Allan Bovair@markallanbovair

Hilarious watching travel ball families spend a couple grand to travel 800 miles to play some mediocre teams when there's about 20 mediocre teams within 25 miles that they could play for free on any given weekend.

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𝕭𝖑𝖆𝖐𝖊
𝕭𝖑𝖆𝖐𝖊@itsblakexx·
Real estate is the ultimate money laundering machine. Foreign oligarchs and cartel wives own half of New York and London. Locals can't afford rent while the buildings sit empty.
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ProfessorSenko
ProfessorSenko@ProfessorSenko·
@cameronsoran I played soccer through high school. My wife (Swedish) played at a high level over there. We felt we were getting ripped off in SoCal and switched to little league baseball after a few years.
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Cameron Soran
Cameron Soran@cameronsoran·
The funniest part about all these arguments about why America isn't better at soccer is readily answered by any parent with kids ages 6-14.
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