You mentioned earlier that the work a junior analyst would have been doing for you can now just be done on reflexivity essentially. So what does this mean for future employment on Wall Street. Frankly, it's a question obviously that comes up again and again.I think the way I look at what we have built is really giving superpowers to people who use it, right. There's still a human in the loop and I think it makes somebody a more effective investor. You're able to ask questions.In fact, the interesting experi ...

The partnership between Goldman Sachs and the Bank of New York Mellon to tokenize shares of money-market funds represents a “significant leap forward” for the $7 trillion-plus industry, JPMorgan strategists said https://t.co/BH6qejHii9 ...

Core Insights - Hyperscale Data, Inc. announced that its subsidiary Ault Global Real Estate Equities, Inc. completed a financing of $145 million with Goldman Sachs, allowing for the refinancing of Fouquet's New York's senior debt at an attractive leverage level, with potential for significant future cash flow upside [1] Group 1: Company Overview - Hyperscale Data operates through its subsidiary Sentinum, Inc., which owns and operates a data center for mining digital assets and providing colocation and hosting services for AI ecosystems and other industries [3] - The company is also involved in acquiring undervalued businesses and disruptive technologies through its subsidiary Ault Capital Group, Inc. [3] Group 2: Future Plans - Hyperscale Data plans to divest Ault Capital Group by December 31, 2025, transitioning to solely owning and operating data centers for high-performance computing services [4] - The divestiture will involve a voluntary exchange of Series F Preferred Stock for shares of Class A and Class B Common Stock of ACG, allowing stockholders to become ACG shareholders [5]

One billionaire has waged a five-year campaign to force Credit Suisse and later UBS to examine the mishandling of Holocaust victims’ money — and that quest is nearing completion.Read The Big Take ⬇️ https://t.co/8vjmUWxT5p ...

🚨UPDATE: GOLDMAN SACHS AND BNY MELLON COLLABORATES TO TRANSFORM $7.1T MONEY MARKET INDUSTRY WITH DIGITAL TOKEN ~ CNBC ...

⚡️ NEW: Goldman Sachs and BNY Mellon launch tokenized money market funds on blockchain, targeting the $7.1T industry with backing from BlackRock and Fidelity. https://t.co/VtW7l0xs8a ...

Here’s what to know about Jeffrey Epstein, the notorious financier connected to wealthy and powerful figures in politics and business.Read more: https://t.co/htLgbqy6cG https://t.co/GDxXNyoQ6R ...

Group 1 - The article discusses insights from Bloomberg Intelligence analysts who monitor 2,000 companies across various industries, including apparel, autos, finance, and food [1] - The report is part of the December 2024 Bloomberg Businessweek's annual feature titled "The Year Ahead" [1] Group 2 - The article promotes a live video series on Facebook called "Underdog Daily Dividend Show," which highlights potential portfolio candidates [2] - The show encourages audience engagement by inviting comments on favorite or curious stock tickers for future reports [2]

PayFi 🤝 StablecoinsHuma Finance 🟣 (@humafinance):JUST IN: @MessariCrypto releases their 128-page State of Stablecoins report 📊We’re honored to be featured alongside leading banks, payment giants, and valued partners shaping the future of finance.The report highlights stablecoins as crypto’s strongest use case, powering https://t.co/yGzLojVmCL ...

Behavioral Finance & Investment Biases - The speaker argues that people are inherently lazy and greedy, leading to a desire for instant gratification, which negatively impacts investment decisions [1][3] - The financial industry is affected by people's sentiments and behaviors, which are formed by habits [6] - Speculation is increasing among all generations due to impatience and the need for instant gratification, with a large percentage of exchange volumes being futures and options [5] - Good investment habits include regular saving, investing, and sticking to a financial plan with disciplined asset allocation [6][7] - Bad investment habits include buying based on tips, following social media influencers blindly, and deviating from a financial plan due to short-term gains [8] Investment Risks & Cognitive Biases - Greed, exemplified by over-allocation to small-cap stocks, can lead to excessive risk-taking and significant losses [9][10] - Fear of missing out (FOMO) drives people to invest in already high-priced assets, reducing the risk-to-reward ratio [10][12] - Overconfidence, fueled by market rallies, can lead to abandoning studies or jobs for speculative trading, which is a dangerous trend [13][14] - Availability bias can lead to making decisions based on recent, frequent, and extreme information, rather than a comprehensive view [17][18] - Confirmation bias leads investors to seek out opinions and information that confirm their existing beliefs, ignoring contradictory information [19][20][21] - Herd mentality can lead to scams and inflated prices, making it crucial to be a contrarian investor [23][24] - Anchoring bias, where investors fixate on their purchase price, can prevent them from selling losing investments and missing out on better opportunities [26][27] - Endowment bias, where people overvalue what they own, can hinder rational decision-making about assets [28][30] Overcoming Biases & Improving Investment Decisions - Understanding and overcoming biases is crucial for making better decisions and becoming a successful investor [15][16] - The speaker advises to control urges, delay instant gratification, and be aware of personal biases [31]