Posts about Business, Economics, and Finance
A thought occurred to me while taking my business and finance exam. Why exactly am I studying a bachelors in economics?
About an hour ago, I finished my business and finance exam. In this course, the main takeaway was how much to value a firm, profitability of taking on a project, and learning about prices of the firm on the stock market (through EPS, book value, etc.). While taking the exam, a thought occurred to me.
Why exactly am I studying this?
To be exact, why exactly am I studying how to value a firm, and how the valuation of a firm affects it's stock market price and dividends, when the top 0.1% can simply manipulate the value of a firm's stock?
What would be the point of saying that a medical firm on the verge of releasing some cure for cancer and showing great financial accounts is doing extremely well, just for HFs to come and short the shit out of its stock into bankruptcy?
What would be the point of working for a company that is small but having great results but on the other hand, a HF putting artificial buying pressure on a much bigger company with not so great results?
For the rest of my life, I can guarantee the answer to every question I have will be somewhere along the lines of power and greed.
What I have learned in my bachelors degree so far is that without manipulation, things that are happening right now, should be happening differently. And it is sad to see that the majority of my classmates are unaware of this. Studying this degree only seems to actually prove useful in a non-existent society where the ultra wealthy do not take advantage of the systems made for society. This is why we need a market reset. To bring everyone as close to the same level as possible. And to finally make the world aware of how much fuckery has been going on since the start of time.
Thanks for coming to my TED talk.
Girlfriend and I started a business together. She now wants 50% ownership though I finance the company and do a lot of the heavy lifting. How should I counter?
My girlfriend and I recently started a drink business and participate at local fairs serving patrons who partake. I’ve been responsible for buying supplies, prepping the ingredients for the drinks, renting transportation, driving to events, brand design, holding inventory etc. Early on she was a key figure in getting us our first slew of gigs, getting a commissary, handles our social media, and at the events she serves the drinks while I collect the money. Lately she's taken a step back on everything outside of serving at the events. Accounting, packing and prep work, contracts, all falls on me. She's basing everything on the very inception vs. the current.
As of late she now is demanding not just a piece but half of the company due to her early contributions and “coming up with the idea” of starting the business. From my point of view there really isn’t any value in the company as we just started a few months ago. The company obviously isn’t profitable in this short span of time and I myself haven’t made a dime. She sees ownership as a way to “protect herself”. How? I’m not really sure.
I honestly started this more so as a low pressure side business and a way to spend time and have fun with her. I also didn’t expect for this question to spring up so early in the business. In the beginning she agreed to just help out and didn't want nor care for ownership. The company just started and is a little far off from turning a profit. It’s a two man business at the very least so with that in mind she’s using that as leverage on leaving my high and dry. Given all this information I was just wondering what would be the ideal solution
Rejected from UT McCombs Business, Accepted into UH Mays Honors. UT Economics or UH Honors in Finance?
*UH Bauer, not Mays (That’s A&M, lol)
Class of 2026 here!
After a long period of thinking and deliberation, I’ve decided to choose Econ (my second-choice major) @ UT. I really want to go to UT and it has been my first-choice university. Some people I know with way higher GPA & SAT than mine weren’t as lucky as me and got rejected for their first and second choice majors (engineering majors).
I’m aware of the BEOP that allows me to take certain classes at McCombs. I plan to apply to internal transfer to McCombs, and I do understand it’s competitive, holistic, and not a guarantee.
What do you guys think?