@barrymc0ckner Given your demeanor I’m not sure your life would improve very much even if we deported all H1Bs
English
Random Investor
243 posts
Random Investor
@randominv3str
just a software engineer looking at stocks
San Francisco, CA Katılım Aralık 2021
906 Takip Edilen64 Takipçiler
Basically over this time period nothing has gotten better. We should not be mass importing Indians it is totally ridiculous as an industrial strategy and the only reason it is happening is to increase university revenues, meet former DEI quotas, satisfy nepotistic Indian hiring managers, make corporate workers easier to control, get reciprocal Indian market access deals for corporations, and suppress wages
Enough
English
As a Texan I’ve always considered myself pretty conservative but these people are as unhinged as the wokies
Mike — acc/acc@barrymc0ckner
It’s in your response to me. Needless commentary, a photo of two young students has nothing to do with the aggregate talent base of the industry. Read a book. You think photolithography and the internet just came from some third world countries and some crackers in the US somehow gained all the business rights? Just stupid bullshit. You’re either going to assist telling the truth or you’re another asshole
English
I regret interacting with this immigration nonsense. Nothing of value has been added to my life and my feed is flooded with it now.
English
@barrymc0ckner Did you read the chart you sent me? Where do you think the US Asians at the top line come from?
My guy if the case you are making is we need to restrict immigration I don’t really care. But showing a picture of US Asians as top scorers might be counterproductive
English
@randominv3str No I’m just right
By law US citizens have priority to these jobs. We have the most talent natively yet many IT, coding and computing professionals can’t find work due to efforts to suppress wages etc
Elite talent has nothing to do with the millions that are here on H-1Bs
English
@randominv3str The truth isn’t unhinged it’s just the truth
English
Such a bizarre reaction. This must be a sensitive topic
Mike — acc/acc@barrymc0ckner
@randominv3str Read the article. Silicon Valley was founded largely by transplants from the US Midwest. You only imply its domestic operations depends on foreign labor because you’re an ignorant and overly opinionated asshole Go read a book
English
@barrymc0ckner Are you capable of reading? Where did I imply any of this?
English
@randominv3str Read the article.
Silicon Valley was founded largely by transplants from the US Midwest.
You only imply its domestic operations depends on foreign labor because you’re an ignorant and overly opinionated asshole
Go read a book
English
The US does not have a talent shortage
Yuchen Jin@Yuchenj_UW
Insane if true. So 50% of OpenAI researchers have to leave the US and return to their home countries to apply for a green card? Don’t drive talent away.
English
That being said, he’s right in that ethnicity adjusted US educated individuals outscore their overseas counterparts. I don’t know how much of that is selection effects vs the quality of US schooling
English
The people in the picture here are literally Chinese. How do you think they got here?
Mike — acc/acc@barrymc0ckner
The US does not have a talent shortage
English
@RodriGo_ethe @FriendlyCapMgmt Claude estimated around 20% ceiling?Dunno seems plausible to be. So this drop is pricing in a full retreat from Hong Kong, losing 20% of Singapore.
Adjusting for cash post fine u get the rest of the biz for like 200 mil USD? I dunno this seems pretty draconian.
English
@randominv3str @FriendlyCapMgmt Yeah, in this case, Chinese mainlanders with a Singapore visa. How many are there in TIGR?
Probably ok to buy the dip and sell for a bounce, but zero confidence on what the medium or long term path is.
English
So $TIGR in total has to pay $60m USD (less than 10% of cash balance) and shut down ca 6bn AuM (10% of total)…
In exchange the regulatory overhang is now lifted for good and the stock is at like 5x PE with a few bucks of cash per share to spare?
Do I see this right?
English
Maybe I’m just salty cuz I sold $NYAX earlier this year to buy SaaS and payment garbage but why does this company trade at such a premium?
Are we going to bid this up to $SHOP levels? It’s not that different from $FOUR, $TOST, $4477 etc
English
After invest then investigate, I think I’ll keep $TIGR and drop $FUTU
English
I’m just a tourist but $FUTU and $TIGR seem like over reactions? Fines are tiny and mainland assets are 13% and 10% respectively? Ex mainland growth should make that up in like a quarter.
At the risk of getting burnt by the CCP I’ll start small positions
English
@RodriGo_ethe @FriendlyCapMgmt I’ve got a little bit. Invest then investigate!
English
@RodriGo_ethe @FriendlyCapMgmt From Claude the HK profits of $TIGR are basically 0 since they are in growth mode. So the current profits are from Singapore + maybe Australia? Idk stock feels cheap even if you assume a full retreat from Hong Kong is necessary. Might be different for $FUTU
English
Good rule of thumb, if a tech company has an animal in their logo you should probably buy their stock. Datadog, Posthog, Crowdstrike, Vanta, Jfrog
Many others I’m sure
English
@Mufasa_Capital I was totally baffled by the earnings reaction to this stock but now I know! Gave me the chance to pick up some more.
English
