Wall Street Oasis logo


  • Recent
    • All Recent Content
    • Top WSO Bloggers
    • WSO Chat Room
    • Hot Topics - Week
    • Hot Topics - Month
    • Hot Topics - Year
    • Hot Topics - All Time
    • Top Comments - All Time
  • FAQs
    • Best Interviews
    • Common Questions
    • Industry Specific
    • WSO 101
    • Education
    • Recruiting
    • Life in Finance
    • WSO Company Database
    • WSO Finance Dictionary
  • Forums
    • Post Forum Topic
    • Best Interviews
    • Best Comments
    • WSO Chat Room
    • Job Search Advice
    • Investment Banking
    • Private Equity
    • Venture Capital
    • Trading
    • Consulting
    • Hedge Funds
    • Corporate Finance
    • Real Estate Finance
    • Equity Research
    • Asset Management
    • WSO Success Stories
    • Other Careers
    • Business School
    • Resume Forum
    • Wall St. Fashion
    • New User Intros
    • Monkey Around
    • WSO Products
    • Site Suggestions
  • Groups
    • Browse Groups
    • Create Group
    • My Groups
    • Non Target Networking
    • Energy Trading
    • State your salary
    • Read the Footnotes
    • Proprietary Traders
    • WSO Investment Forum
    • CFA
    • The Restructuring Group
    • Economics
    • RE Finance/Investments
  • About
    • About WSO
    • Press
    • Contact Us
    • RSS Sitemap
    • Advertise on WSO
    • WSO Discounts
    • WSO Store
  • Login
  • Sign Up!
  • Hot Topics
  • My Profile
  • Company Research
  • Modeling
  • Resume Review
  • Events
  • Interview Guides
  • Job Board
  • Intern Positions

6 Free Financial Modeling Lessons...and More.

Enter your e-mail below to get our new Free Modeling Tutorials ($200+ Value).

Wall Street Oasis » Blogs » jntheriot504's blog
< previous | next >

The Pursuit of American Economic Growth Outside Our Borders
 

jntheriot504's picture
jntheriot504
      O
 
(Senior Baboon, 196
 
Points)
 on 2/26/13 at 5:00am
Oil.jpg

The United States and two member nations of NATO have been deployed to Turkey providing defensive aid due to the conflict in Syria. Even though the United States already has a military presence in Turkey, this increase in troop activity is dictating a clear movement towards American imperialism within the region. Due to the increase of western military personnel, anti-western [American] protests have been occurring at a greater rate. While it is true the Turkish government asked NATO for aid during this delicate situation, it must also be noted that governments have long stopped answering to its citizens.

Occupying a nation with military personnel is not how the United States became a hegemonic power. All empires that have stretched their militaries thin by occupying nations far beyond their borders fell. Evidence is seen from the Greeks to the British yet political leaders believe they are far more intelligent than those who preceded them. This arrogance will lead to America’s downfall while China slowly takes the reins. More importantly, as the United States continues to occupy the Middle East creating more enemies in already unapologetic region.

Regardless of the progress made in alternative energies the fact remains, oil is a critical facet of transportation that economic activity built around. One of two scenarios will occur, 1) oil is sold an extraneously high rate crippling the American economy or 2) OPEC enforces sanctions on oil imported into America, slowing trade down also crippling the economy. Neither scenario bodes well for America; changes must be made without delay. How does America regain the symbol of opportunity, prosperity and freedom it once held?

Difficult, non-mainstream ideological principles must be held that are in line with the constitution. Bringing the troops back from the 135 nations they are currently occupying is the first step. Second, America must begin to foster relationships that build business overseas. Creating economic opportunities for Americans and those abroad allows sustainable progress to be achieved. As citizens of nations living in warzones due to the occupation of western military never see their lives improve, it will only lead to long term resentment towards western ideals. Though by building, teaching and growing business practices around free market principles we cannot only improve these people’s lives, but open new trading partners. Furthermore, as they become wealthier they will demand a greater amount of goods through trade; in theory creating American jobs to meet the increased demand.

Military leaders and politicians steer from these ideas because they believe in regime change above everything. Although this is partially true, utilizing hard power tactics is not the correct method. The Cold War was won on a soft power approach employing numerous different strategies to promote the American dream. This method will take longer as shown through the Cold War but it will create lasting results; good ideas do not require force. However, America has changed since the fall of Communism and before we can begin to promote our ideals onto others we must first bring back the America as envisioned by our forefathers within the Constitution, the America that stepped into the hegemonic status as Britain fell after World War I and finally the America that defeated communism.

The complicated task will be educating the people of America that liberty, economic freedom from the government, is how America became a great nation. In essence we must use the same strategy applied towards the Soviet Union on our own people. As the ideology in America begins to realign itself with the political and economic freedom we can then begin to move forward. Anti- American protesters in the Middle East will not exist because businesses will be built on trust, capitalism and wealth. Developing an environment that fosters this doctrine will allow economic growth. It is difficult to protest an ideology, a nation or a different culture when they are putting in the same time, effort and capital to create a livelihood for themselves and their family as you.

Changes like these will not happen overnight, they will take a great deal of time and patience. Those who work towards educating, promoting and developing economic freedom built around a capitalist mentality might not live to see their efforts pay-off. However, you can rest easy knowing the next generation will be free from government oversight, imperialism and economic misfortune. Nothing worth achieving ever came without hard work and even though it appears to be an impossible undertaking, through small steps economic prosperity can be attained.

See my WSO Blog

  •  
  •  
  •  
Tags:
  • #energy #economic growth

Comments

LearningMan's picture

I like this post.

LearningMan
      CO
 
(Monkey, 63
 
Points)
 on 2/23/13 at 3:58pm

I like this post.

  • 0
  •  
  •  
smallmoneygrower's picture

Economic growth of any nation

smallmoneygrower
     
 
(Senior Monkey, 95
 
Points)
 on 2/23/13 at 4:02pm

Economic growth of any nation and some form of official or non official military occuptaion go hand in hand if there is a current untapped market in a foreign country that the country itself can capitalize on there is no way they want foreigners tapping in on their GDP lets not forget that the stock markets original aim was to fund armies

  • 0
  •  
  •  
Ron Paul's picture

nah brah if u cut military we

Ron Paul
     
 
(Senior Gorilla, 916
 
Points)
 on 2/23/13 at 5:33pm

nah brah if u cut military we will lose jobs and get poor, but wait it gets worse mexico will invades us and take over the country, u rly want that 2 happen brah? obviously u hate america

  • 0
  •  
  •  
subrosa's picture

I think the whole argument

subrosa
     
 
(Senior Baboon, 190
 
Points)
 on 2/23/13 at 5:37pm

I think the whole argument about overstretched military's always lead to the end of an empire is no longer relevant. We live in a totally different time with totally different circumstances. I would also argue that there has never before been a country so dominant, so far above the closest competitor than the United States is today. There literally is not a single country that can challenge militarily, economically and I would even culturally. The only reason we are at war with ourselves politically is because there are no challengers for us in anything. We are naturally so competitive that we constantly have to be involved in some type of battle. The common man in America used to take pride in his work as a way of being part of something great. His contribution, no matter how small served a greater purpose. When he went to work not only was he working to provide for his family, but he had a sense of patriotic pride. By working hard he was helped to prove that the principles that build the United States were superior to the principles of Nazi Germany, Imperial Japan and soon thereafter Soviet Russia. Fast forward to 1990 and Russia is in disarray, Western culture has flourished throughout the world, Europe is finally built up again, but still relies on US military protection and is in no position to challenge us. World peace seems to be here at last and there is a victory party that occurs through the whole decade and the computer revolution creates wealth not seen since the gilded age. Then 9/11 happens and then the american people end up in political war with ourselves. I think in some ways it was a turning point in the mindset of the common man in the US. Any other time we have been at war it has been against a legitimate power, this time it was a ragtag operation of terrorists that could certainly do harm but poised no real threat on a massive scale economically or militarily. Initially the country was in it's patriotic mode again (Bush actually had a 90% approval rating briefly), and I believe that it was appropriate. I think about every single american wished there was something that personally could have done to help out. No question was the compassion sincere, but I think at some point that compassion is morphed into the high that comes from competing. If it was a large industrialized country that we were at war with, I think the vast majority of the country would have been on the same page. However, the enemy this time was no such thing. In all fairness it could be compared to the Baltimore Raves against a random high school team. Sure, Ravens fans would go to the game but enthusiasm would soon be lost during the onslaught. In our history we have constantly been fighting for good. We've always had some sort of cause to fight for. We've gotten to a point where we have no serious threats. We are so desperate that our media is trying to build up China as the next superpower, which I believe is just silly. I think the world is so far entrenched with western culture that there really is no turning back. Look at billboards and signs in India and China. You see far more English than their native language, large western restaurants, hotels and retail stores. It is so prevalent it's amazing that the consensus view is that power is going to shift to the East. We all know that the world is extremely complex and that for the most part there have always been some type of massive war. Until really the last half century. Exactly the time when the US became the "policemen" of the world. We had an opportunity during this time to take whatever land and resources we wanted but we did not. Unlike any empire before, we opted to help rebuild and liberate the countries we had just been at war with. Sure we opted to expand our military operations, and why shouldn't we have. We represent good in a sea of rogue nations/people. People often talk about how we need to "bring our boys back" and that everyone hates us because we occupiers. Seldom are we told about the actual good that these operations achieve. You quoted the cheesy saying about nations falling when they are overstretched militarily, attempting to outdo you on that, I will paraphrase a quote in the movie Spiderman...."With great power comes great responsibility". Our military presence provides stability in parts of the world that badly need it. Sure some unintended bad events will occur. With such a big responsibility, there are obviously going to be some mishaps. But as a whole, we've done more good for the world in one century than all other empires combined. For once an empire was created not with the goal of conquest, but the goal of freedom for people of all nations (Isn't it funny that many of the same countries that think we are this terrible warmongering nation, have histories of true imperialism with blood on their hands). Anyone can point to one of the mistakes we've made along the way in attempt to demonize us, but there is no denying as a whole we have been a blessing to the world. I'm not trying to ruffle any feathers, I just really believe that people have it so wrong and I never hear a voice of reason. It's either the Ron Paul, Alex Jones, Peter Schiff bs or the Paul Krugman, Joseph Stiglitz nonsense. There is no personal investigation of the reasons of the current state of the globe. Instead people just regurgitate what these charlatans say.

  • -1
  •  
  •  
T. Bayes's picture

subrosa: I think the whole

T. Bayes
      ST
 
(Chimp, 12
 
Points)
 on 2/23/13 at 5:58pm
subrosa:

I think the whole argument about overstretched military's always lead to the end of an empire is no longer relevant. We live in a totally different time with totally different circumstances. I would also argue that there has never before been a country so dominant, so far above the closest competitor than the United States is today. There literally is not a single country that can challenge militarily, economically and I would even culturally. The only reason we are at war with ourselves politically is because there are no challengers for us in anything. We are naturally so competitive that we constantly have to be involved in some type of battle. The common man in America used to take pride in his work as a way of being part of something great. His contribution, no matter how small served a greater purpose. When he went to work not only was he working to provide for his family, but he had a sense of patriotic pride. By working hard he was helped to prove that the principles that build the United States were superior to the principles of Nazi Germany, Imperial Japan and soon thereafter Soviet Russia. Fast forward to 1990 and Russia is in disarray, Western culture has flourished throughout the world, Europe is finally built up again, but still relies on US military protection and is in no position to challenge us. World peace seems to be here at last and there is a victory party that occurs through the whole decade and the computer revolution creates wealth not seen since the gilded age. Then 9/11 happens and then the american people end up in political war with ourselves. I think in some ways it was a turning point in the mindset of the common man in the US. Any other time we have been at war it has been against a legitimate power, this time it was a ragtag operation of terrorists that could certainly do harm but poised no real threat on a massive scale economically or militarily. Initially the country was in it's patriotic mode again (Bush actually had a 90% approval rating briefly), and I believe that it was appropriate. I think about every single american wished there was something that personally could have done to help out. No question was the compassion sincere, but I think at some point that compassion is morphed into the high that comes from competing. If it was a large industrialized country that we were at war with, I think the vast majority of the country would have been on the same page. However, the enemy this time was no such thing. In all fairness it could be compared to the Baltimore Raves against a random high school team. Sure, Ravens fans would go to the game but enthusiasm would soon be lost during the onslaught. In our history we have constantly been fighting for good. We've always had some sort of cause to fight for. We've gotten to a point where we have no serious threats. We are so desperate that our media is trying to build up China as the next superpower, which I believe is just silly. I think the world is so far entrenched with western culture that there really is no turning back. Look at billboards and signs in India and China. You see far more English than their native language, large western restaurants, hotels and retail stores. It is so prevalent it's amazing that the consensus view is that power is going to shift to the East. We all know that the world is extremely complex and that for the most part there have always been some type of massive war. Until really the last half century. Exactly the time when the US became the "policemen" of the world. We had an opportunity during this time to take whatever land and resources we wanted but we did not. Unlike any empire before, we opted to help rebuild and liberate the countries we had just been at war with. Sure we opted to expand our military operations, and why shouldn't we have. We represent good in a sea of rogue nations/people. People often talk about how we need to "bring our boys back" and that everyone hates us because we occupiers. Seldom are we told about the actual good that these operations achieve. You quoted the cheesy saying about nations falling when they are overstretched militarily, attempting to outdo you on that, I will paraphrase a quote in the movie Spiderman...."With great power comes great responsibility". Our military presence provides stability in parts of the world that badly need it. Sure some unintended bad events will occur. With such a big responsibility, there are obviously going to be some mishaps. But as a whole, we've done more good for the world in one century than all other empires combined. For once an empire was created not with the goal of conquest, but the goal of freedom for people of all nations (Isn't it funny that many of the same countries that think we are this terrible warmongering nation, have histories of true imperialism with blood on their hands). Anyone can point to one of the mistakes we've made along the way in attempt to demonize us, but there is no denying as a whole we have been a blessing to the world. I'm not trying to ruffle any feathers, I just really believe that people have it so wrong and I never hear a voice of reason. It's either the Ron Paul, Alex Jones, Peter Schiff bs or the Paul Krugman, Joseph Stiglitz nonsense. There is no personal investigation of the reasons of the current state of the globe. Instead people just regurgitate what these charlatans say.

use paragraphs plz

  • 0
  •  
  •  
smallmoneygrower's picture

Ron Paul: nah brah if u cut

smallmoneygrower
     
 
(Senior Monkey, 95
 
Points)
 on 2/23/13 at 6:03pm
Ron Paul:

nah brah if u cut military we will lose jobs and get poor, but wait it gets worse mexico will invades us and take over the country, u rly want that 2 happen brah? obviously u hate america

You didnt read my post correctly I said one of the original uses for the stock market was and is to fund armies the reason I metioned that is not whether or not I hate America but that before we can look into using our armies to fund capital expansion we should stregthen or national economy and therefore have the economic backbone we need to fumd the armies needed to not only protect home borders but assist in the economic expansion of america globally.

  • 0
  •  
  •  
Ron Paul's picture

smallmoneygrower: Ron

Ron Paul
     
 
(Senior Gorilla, 916
 
Points)
 on 2/23/13 at 6:48pm
smallmoneygrower:
Ron Paul:

nah brah if u cut military we will lose jobs and get poor, but wait it gets worse mexico will invades us and take over the country, u rly want that 2 happen brah? obviously u hate america

You didnt read my post correctly I said one of the original uses for the stock market was and is to fund armies the reason I metioned that is not whether or not I hate America but that before we can look into using our armies to fund capital expansion we should stregthen or national economy and therefore have the economic backbone we need to fumd the armies needed to not only protect home borders but assist in the economic expansion of america globally.

i wuz talkin to op brah

  • 0
  •  
  •  
smallmoneygrower's picture

o my bad

smallmoneygrower
     
 
(Senior Monkey, 95
 
Points)
 on 2/23/13 at 7:40pm

o my bad

  • 0
  •  
  •  
ivoteforthatguy's picture

subrosa: I think the whole

ivoteforthatguy
      O
 
(Neanderthal, 2,210
 
Points)
 on 2/24/13 at 2:09am
subrosa:

I think the whole argument about overstretched military's always lead to the end of an empire is no longer relevant. We live in a totally different time with totally different circumstances. I would also argue that there has never before been a country so dominant, so far above the closest competitor than the United States is today. There literally is not a single country that can challenge militarily, economically and I would even culturally. The only reason we are at war with ourselves politically is because there are no challengers for us in anything. We are naturally so competitive that we constantly have to be involved in some type of battle. The common man in America used to take pride in his work as a way of being part of something great. His contribution, no matter how small served a greater purpose. When he went to work not only was he working to provide for his family, but he had a sense of patriotic pride. By working hard he was helped to prove that the principles that build the United States were superior to the principles of Nazi Germany, Imperial Japan and soon thereafter Soviet Russia. Fast forward to 1990 and Russia is in disarray, Western culture has flourished throughout the world, Europe is finally built up again, but still relies on US military protection and is in no position to challenge us. World peace seems to be here at last and there is a victory party that occurs through the whole decade and the computer revolution creates wealth not seen since the gilded age. Then 9/11 happens and then the american people end up in political war with ourselves. I think in some ways it was a turning point in the mindset of the common man in the US. Any other time we have been at war it has been against a legitimate power, this time it was a ragtag operation of terrorists that could certainly do harm but poised no real threat on a massive scale economically or militarily. Initially the country was in it's patriotic mode again (Bush actually had a 90% approval rating briefly), and I believe that it was appropriate. I think about every single american wished there was something that personally could have done to help out. No question was the compassion sincere, but I think at some point that compassion is morphed into the high that comes from competing. If it was a large industrialized country that we were at war with, I think the vast majority of the country would have been on the same page. However, the enemy this time was no such thing. In all fairness it could be compared to the Baltimore Raves against a random high school team. Sure, Ravens fans would go to the game but enthusiasm would soon be lost during the onslaught. In our history we have constantly been fighting for good. We've always had some sort of cause to fight for. We've gotten to a point where we have no serious threats. We are so desperate that our media is trying to build up China as the next superpower, which I believe is just silly. I think the world is so far entrenched with western culture that there really is no turning back. Look at billboards and signs in India and China. You see far more English than their native language, large western restaurants, hotels and retail stores. It is so prevalent it's amazing that the consensus view is that power is going to shift to the East. We all know that the world is extremely complex and that for the most part there have always been some type of massive war. Until really the last half century. Exactly the time when the US became the "policemen" of the world. We had an opportunity during this time to take whatever land and resources we wanted but we did not. Unlike any empire before, we opted to help rebuild and liberate the countries we had just been at war with. Sure we opted to expand our military operations, and why shouldn't we have. We represent good in a sea of rogue nations/people. People often talk about how we need to "bring our boys back" and that everyone hates us because we occupiers. Seldom are we told about the actual good that these operations achieve. You quoted the cheesy saying about nations falling when they are overstretched militarily, attempting to outdo you on that, I will paraphrase a quote in the movie Spiderman...."With great power comes great responsibility". Our military presence provides stability in parts of the world that badly need it. Sure some unintended bad events will occur. With such a big responsibility, there are obviously going to be some mishaps. But as a whole, we've done more good for the world in one century than all other empires combined. For once an empire was created not with the goal of conquest, but the goal of freedom for people of all nations (Isn't it funny that many of the same countries that think we are this terrible warmongering nation, have histories of true imperialism with blood on their hands). Anyone can point to one of the mistakes we've made along the way in attempt to demonize us, but there is no denying as a whole we have been a blessing to the world. I'm not trying to ruffle any feathers, I just really believe that people have it so wrong and I never hear a voice of reason. It's either the Ron Paul, Alex Jones, Peter Schiff bs or the Paul Krugman, Joseph Stiglitz nonsense. There is no personal investigation of the reasons of the current state of the globe. Instead people just regurgitate what these charlatans say.

plz remove head from ass.

  • -1
  •  
  •  
jntheriot504's picture

Ron

jntheriot504
      O
 
(Senior Baboon, 196
 
Points)
 on 2/24/13 at 2:09am
Ron Paul:
smallmoneygrower:
Ron Paul:

nah brah if u cut military we will lose jobs and get poor, but wait it gets worse mexico will invades us and take over the country, u rly want that 2 happen brah? obviously u hate america

You didnt read my post correctly I said one of the original uses for the stock market was and is to fund armies the reason I metioned that is not whether or not I hate America but that before we can look into using our armies to fund capital expansion we should stregthen or national economy and therefore have the economic backbone we need to fumd the armies needed to not only protect home borders but assist in the economic expansion of america globally.

i wuz talkin to op brah

I am not sure if this is sarcasm.

However, I am not insisting we use the military for economic expansion but in nations such as Afghanistan that we have considerable amount of capital invested we can begin to allow American businesses the opportunities to invest their own capital (currently they aren't allowed). China is waiting for the U.S to secure the region (which doesn't appear likely) in order to reap the economic benefits. If U.S companies were able reap the benefits of the years the military has spent in the region it would show us in a different light. Military involvement will not end anytime soon, but we can start setting up American businesses which will have a better impact in the region and allow help our economy.


See my WSO Blog

  • 0
  •  
  •  
rabbit's picture

Times have changed, empires

rabbit
     
 
(Senior Chimp, 24
 
Points)
 on 2/24/13 at 4:33am

Times have changed, empires are no longer sustainable through force or armies. Take China's presence in Africa and other mineral rich, less developed regions. The Chinese establish a presence in these places by helping to develop infrastructure (bridges, roads, etc.). The host countries have neither the expertise nor the finances to develop them on their own, and many welcome the partnership.

There is no enforcement of cultures, doctrines or values, with the motive being purely economics, i.e., securing of mineral and other rights to fuel growth back in China. Imperialism is truly dead, capitalism is what works!

  • 0
  •  
  •  
jntheriot504's picture

rabbit: Times have changed,

jntheriot504
      O
 
(Senior Baboon, 196
 
Points)
 on 2/24/13 at 4:44am
rabbit:

Times have changed, empires are no longer sustainable through force or armies. Take China's presence in Africa and other mineral rich, less developed regions. The Chinese establish a presence in these places by helping to develop infrastructure (bridges, roads, etc.). The host countries have neither the expertise nor the finances to develop them on their own, and many welcome the partnership.

There is no enforcement of cultures, doctrines or values, with the motive being purely economics, i.e., securing of mineral and other rights to fuel growth back in China. Imperialism is truly dead, capitalism is what works!

I completely agree, though the United States does not appear to grasp this concept; at least the cronies in Washington have not.


See my WSO Blog

  • 0
  •  
  •  
excelchimp's picture

jntheriot504: Bringing the

excelchimp
     
 
(Chimp, 13
 
Points)
 on 2/26/13 at 5:12am
jntheriot504:

Bringing the troops back from the 135 nations they are currently occupying is the first step. Second, America must begin to foster relationships that build business overseas.

Third, building a clean energy future by investing in renewable energy.

  • 0
  •  
  •  
patience's picture

excelchimp: jntheriot504: B

patience
      O
 
(Monkey, 52
 
Points)
 on 2/26/13 at 5:53am
excelchimp:
jntheriot504:

Bringing the troops back from the 135 nations they are currently occupying is the first step. Second, America must begin to foster relationships that build business overseas.

Third, building a clean energy future by investing in renewable energy.

Exactly. The biggest vulnerability to the United States is our dependency on foreign energy. It results in bad foreign policy, deficit spending, reduced innovation and the "works." And I'm not encouraging domestic drilling as a panacea to our energy woes - we need sustainable solutions which will lead us to the forefront of innovation in the energy sector. Investment in energy clean technologies needs to be one of the top things on the country's list

"Anti- American protesters in the Middle East will not exist because businesses will be built on trust, capitalism and wealth."

And to respond to the quote above - hatred for the United States in the MENA region runs much deeper than businesses being greedy. The hatred for the United States by the people in the MENA region is a complicated issue to say the least and will not be solved by a "one-solve all solution."

  • 0
  •  
  •  
rabbit's picture

excelchimp: jntheriot504: B

rabbit
     
 
(Senior Chimp, 24
 
Points)
 on 2/26/13 at 12:09pm
excelchimp:
jntheriot504:

Bringing the troops back from the 135 nations they are currently occupying is the first step. Second, America must begin to foster relationships that build business overseas.

Third, building a clean energy future by investing in renewable energy.

Absolutely. Because of labor costs, lax regulations etc., I don't see America being able to stem the tide of outsourcing. To really compete, there needs to be a shift towards fostering tech and research intensive industries like renewable energy, where most other nations can't compete. This would also create jobs that couldn't be outsourced. I don't know how much government subsidies come into play in the US, but where I work (frontier market), the government subsidizes the hell outta everything and its helped keep businesses growing and jobs in the market. Plays hell with the deficit and inflation though.

  • 0
  •  
  •  
Drose's picture

This post is terrible in many

Drose
      IB
 
(Chimp, 1
 
Points)
 on 2/28/13 at 8:28pm
You must be signed in to read advice below.
Sign In with FacebookSign In with Google
Connecting helps us build a vibrant community. We'll never share your info without your permission.

Sign Up with email

  • 0
  •  
  •  
subrosa's picture

Drose: This post is terrible

subrosa
     
 
(Senior Baboon, 190
 
Points)
 on 2/28/13 at 9:05pm
  • 0
  •  
  •  
jntheriot504's picture

Drose: Sorry for the rant.

jntheriot504
      O
 
(Senior Baboon, 196
 
Points)
 on 3/1/13 at 3:59am


See my WSO Blog

  • 0
  •  
  •  

6 Free Financial Modeling Lessons...Straight to Your Inbox.

Confirm your name and e-mail below to get our best tips

Monkey Stats
Account information
We respect your Name and E-mail privacy. By joining you accept our terms of service.
Skip this step
Terms and Conditions of Use
These are the "Terms and Conditions" under which you may use WallStreetOasis.com. Please read this page carefully including the Privacy Policy below. If you do not accept the Terms and Conditions and Privacy Policy stated here, do not use this web site or any services offered by this web site. By using this web site, you are indicating your acceptance to be bound by the terms of these Terms and Conditions and Privacy Policy. IB Oasis Corp. (the "Company") may revise these Terms and Conditions and Privacy Policy at any time by updating this posting. You should visit this page periodically to review the Terms and Conditions and Privacy Policy, because they are binding on you. The terms "You" and "User" as used herein refer to all individuals and/or entities accessing this web site for any reason.

Neither WallStreetOasis.com, IB Oasis Corp. nor employees of IB Oasis Corp. are investment advisors. The purpose of this website is NOT to give any advice on your personal investment strategy. If you base your investment decisions on content of this website, you may lose part or all of your money.

You should not violate any other law or regulation, including, without limitation, the rules and regulations of the U.S. Securities and Exchange Commission and the national or other securities exchanges, especially including the rule against making false or misleading statements to manipulate the price of a security or the rule requiring you to disclose any compensation you may receive for describing a security.

You should not access WallStreetOasis.com by any means other than through the interfaces we provide for use in accessing our services or use any automated means, including, without limitation, agents, robots, scripts, or spiders, to access, monitor, copy, or harvest data from any part of our sites, except those automated means that we have approved in advance and in writing.

The Company, in its sole discretion, reserves the right to remove any postings, or deny access by any individuals, for any reason or no reason.

If you see something that you feel is a violation of the these Terms and Conditions, please notify us by emailing wallstreetoasis at wallstreetoasis.com.

We reserve the right to change the Terms and Conditions at any time. Changes will be posted on the applicable web page.

Use of Material.

The Company authorizes you to view and download a single copy of the material on www.WallStreetOasis.com (the "Web Site") solely for your personal, noncommercial use. By using the Web Site you are giving the Company the sole right to use any and all content you generate or publish on the site for commercial, non-commercial or promotional purposes. This includes any and all forum posts, comments, blog posts or any other material you generate on the Web Site.

The contents of this Web Site, such as text, graphics, images, logos, button icons, software and other items (collectively, "Material"), are protected under both United States and foreign copyright, trademark and other laws. All Material is the property of the Company or its content suppliers or clients. The compilation (meaning the collection, arrangement and assembly) of all content on this Web Site is the exclusive property of the Company and protected by U.S. and international copyright laws. Unauthorized use of the Material may violate copyright, trademark, and other laws. You must retain all copyright, trademark, service-mark and other proprietary notices contained in the original Material on any copy you make of the Material. You may not sell or modify the Material or reproduce, display, publicly perform, distribute, or otherwise use the Material in any way for any public or commercial purpose. The use of the Material on any other web site or in a networked computer environment for any purpose is prohibited.

You shall not copy or adapt the HTML code that the Company creates to generate its pages. It is also protected by the Company?s copyright.

Acceptable Site Use.

General Rules: Users may not use the Web Site in order to transmit, distribute, store or destroy material (a) in violation of any applicable law or regulation, (b) in a manner that will infringe the copyright, trademark, trade secret or other intellectual property rights of others or violate the privacy, publicity or other personal rights of others, or (c) that is defamatory, obscene, threatening, abusive or hateful.

Web Site Security Rules. Users are prohibited from violating or attempting to violate the security of the Web Site, including, without limitation, (a) accessing data not intended for such user or logging into a server or account which the user is not authorized to access, (b) attempting to probe, scan or test the vulnerability of a system or network or to breach security or authentication measures without proper authorization, (c) attempting to interfere with service to any user, host or network, including, without limitation, via means of submitting a virus to the Web Site, overloading, "flooding", "spamming", "mailbombing" or "crashing", (d) sending unsolicited e-mail, including promotions and/or advertising of products or services, or (e) forging any TCP/IP packet header or any part of the header information in any e-mail. Violations of system or network security may result in civil or criminal liability. The Company will investigate occurrences which may involve such violations and may involve, and cooperate with, law enforcement authorities in prosecuting users who are involved in such violations.

Specific Prohibited Uses.

The Company specifically prohibits any use of the Web Site, and all users agree not to use the Web Site, for any of the following:

  • Posting any incomplete, false or inaccurate biographical information or information which is not your own accurate resume
  • Using any device, software or routine to interfere or attempt to interfere with the proper working of this Web Site or any activity being conducted on this site.
  • Taking any action which imposes an unreasonable or disproportionately large load on this Web Site?s infrastructure.
  • If you have a password allowing access to a non-public area of this Web Site, disclosing to or sharing your password with any third parties or using your password for any unauthorized purpose.
  • Notwithstanding anything to the contrary contained herein, using or attempting to use any engine, software, tool, agent or other device or mechanism (including without limitation browsers, spiders, robots, avatars or intelligent agents) to navigate or search this Web Site other than the search engine and search agents available from the Company on this Web Site and other than generally available third party web browsers (e.g., Netscape Navigator, Microsoft Explorer).
  • Attempting to decipher, decompile, disassemble or reverse engineer any of the software comprising or in any way making up a part of the Web Site.
  • Aggregating, copying or duplicating in any manner any of the materials or information available from the Web Site.
  • Framing of or linking to any of the materials or information available from the Web Site.

User Information.

When you register for the Web Site, you will be asked to provide the Company with certain information including, without limitation, a valid email address (your "Information"). In addition to the terms and conditions that may be set forth in any privacy policy on this Web Site, you understand and agree that the Company may disclose to third parties, on an anonymous basis, certain aggregate information contained in your registration application. The Company reserves the right to offer third party services and products to you based on the preferences that you identify in your registration and at any time thereafter; such offers may be made by the Company or by third parties. Please see the Company's Privacy Policy below for further details regarding your Information.

Registration and Password.

You are responsible for maintaining the confidentiality of your information and password. You shall be responsible for all uses of your registration, whether or not authorized by you. You agree to immediately notify the Company of any unauthorized use of your registration or password.

The Company's Liability.

As a condition to your use of this site, you release the Company (and our agents and employees) from claims, demands and damages (actual and consequential, direct and indirect) of every kind and nature, known and unknown, suspected and unsuspected, disclosed and undisclosed, arising out of or in any way connected with such disputes. If you are a California resident, you waive California Civil Code d1542, which says: "A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor."

We are under no legal obligation to, and generally do not, control the information provided by other users which is made available through the Web Site. By its very nature, other people?s information may be offensive, harmful or inaccurate, and in some cases will be mislabeled or deceptively labeled. We expect that you will use caution and common sense when using this Web Site.

The Material may contain inaccuracies or typographical errors. The Company makes no representations about the accuracy, reliability, completeness, or timeliness of the Web Site or the Material. The use of the Web Site and the Material is at your own risk. Changes are periodically made to the Web Site and may be made at any time.

You acknowledge and agree that you are solely responsible for the content and accuracy of any resume or material contained therein placed by you on the Web Site and you agree to let any users that are identified as recruiters (designated in the sole discretion of the Company) to have access to your resume.

The Company is not to be considered to be an employer with respect to your use of the Web Site and the Company shall not be responsible for any employment decisions, for whatever reason made, made by any entity posting jobs on the Web Site.

THE COMPANY DOES NOT WARRANT THAT THE WEB SITE WILL OPERATE ERROR-FREE OR THAT THE WEB SITE AND ITS SERVER ARE FREE OF COMPUTER VIRUSES OR OTHER HARMFUL MECHANISMS. IF YOUR USE OF THE WEB SITE OR THE MATERIAL RESULTS IN THE NEED FOR SERVICING OR REPLACING EQUIPMENT OR DATA, THE COMPANY IS NOT RESPONSIBLE FOR THOSE COSTS.

THE WEB SITE AND MATERIAL ARE PROVIDED ON AN "AS IS" BASIS WITHOUT ANY WARRANTIES OF ANY KIND. THE COMPANY, TO THE FULLEST EXTENT PERMITTED BY LAW, DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING THE WARRANTY OF MERCHANTABILITY, FITNESS FOR PARTICULAR PURPOSE AND NON-INFRINGEMENT. THE COMPANY MAKES NO WARRANTIES ABOUT THE ACCURACY, RELIABILITY, COMPLETENESS, OR TIMELINESS OF THE MATERIAL, SERVICES, SOFTWARE, TEXT, GRAPHICS, AND LINKS.

Disclaimer of Consequential Damages.

IN NO EVENT SHALL THE COMPANY, ITS SUPPLIERS, OR ANY THIRD PARTIES MENTIONED ON THE WEB SITE BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, INCIDENTAL AND CONSEQUENTIAL DAMAGES, LOST PROFITS, OR DAMAGES RESULTING FROM LOST DATA OR BUSINESS INTERRUPTION) RESULTING FROM THE USE OR INABILITY TO USE THE WEB SITE AND THE MATERIAL, WHETHER BASED ON WARRANTY, CONTRACT, TORT, OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT THE COMPANY IS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Links to Other Sites.

The Web Site may contain links to third party web sites. These links are provided solely as a convenience to you and not as an endorsement by the Company of the contents on such third-party Web sites. The Company is not responsible for the content of linked third-party sites and does not make any representations regarding the content or accuracy of materials on such third party Web sites. If you decide to access linked third party Web sites, you do so at your own risk.

No Resale or Unauthorized Commercial Use.

You agree not to resell or assign your rights or obligations under these Term of Use. You also agree not to make any unauthorized commercial use of the Web Site.

Limitation of Liability.

The aggregate liability for the Company to you for all claims arising from the use of the Materials is limited to $1.

Termination.

The Company reserves the right, at its sole discretion, to pursue all of its legal remedies, including but not limited to immediate termination of your registration with or ability to access the Web Site and/or any other service provided to you by the Company, upon any breach by you of these Terms and Conditions or if the Company is unable to verify or authenticate any information you submit to the Web Site registration with or ability to access the Web Site.

Indemnity.

You agree to defend, indemnify, and hold harmless the Company, its officers, directors, employees and agents, from and against any claims, actions or demands, including without limitation reasonable legal and accounting fees, alleging or resulting from your use of the Material or your breach of the terms of these Terms and Conditions. The Company shall provide notice to you promptly of any such claim, suit, or proceeding and shall assist you, at your expense, in defending any such claim, suit or proceeding.

General.

The Company makes no claims that the Materials may be lawfully viewed or downloaded outside of the United States. Access to the Materials may not be legal by certain persons or in certain countries. If you access the Web Site from outside of the United States, you do so at your own risk and are responsible for compliance with the laws of your jurisdiction. These Terms and conditions are governed by the internal substantive laws of the State of New York, without respect to its conflict of laws principles. Jurisdiction for any claims arising under this agreement shall lie exclusively with the state or federal courts within New York, New York. If any provision of these Terms and Conditions are found to be invalid by any court having competent jurisdiction, the invalidity of such provision shall not affect the validity of the remaining provisions of these Terms and Conditions, which shall remain in full force and effect. No waiver of any term of these Terms and Conditions shall be deemed a further or continuing waiver of such term or any other term. Except as expressly provided in additional terms of use for areas of the Web Site a particular "Legal Notice," or Software License or Material on particular Web pages, these Terms and Conditions constitute the entire agreement between you and the Company with respect to the use of Web Site. No changes to these Terms and Conditions shall be made except by a revised posting on this page.

PRIVACY POLICY

The Company recognizes that you are concerned about privacy. We are committed to preserving your privacy and safeguarding your sensitive information. The following statement describes the general information-gathering and usage practices of our sites.

Our staff, contractors, Internet service providers and others involved in this site follow this policy or similarly strict policies regarding your Information.

Disclosure

The Company is committed to fully disclosing our policies regarding the collection, use, maintenance, disclosure and security of personal information obtained from users of our site. The term "personal information" includes a name, address, email address, or any other information which could be used to contact you directly or to identify you personally.

Use and Disclosure Limitations

The Company only uses personal information about its Web site users for specific purposes. We do not share user information with third parties except when we have told users about the disclosures, when we have prior consent, or when required by law.

Use Policy: When the Company gathers personal information from users, we ask for permission first. We also disclose, at the time of collection, how the information will be used by us. Personal information is used for activities such as auto-completion of commonly-used forms and helping us contact you when you solicit information from us.

Disclosure Policy: We do not normally disclose personal information to anyone outside of the Company unless we have previously informed users about the disclosures. However, some data may be used from time to time by outside contractors, including auditors or consultants, to assist us in carrying out necessary financial or operational activities. These uses will be consistent with this privacy policy and all contractors using this potential personal information must agree to safeguard it, to use it only for the authorized purpose, and to return it or destroy it upon completion of the activity.

The Company might be required to disclose personal information in response to a valid legal process such as a subpoena, search warrant or court order.

Although unlikely, it is possible that we may have to make certain disclosures to ensure the security of our Web site, to protect its integrity, or to take precautions against potential liability. In any of these situations, we will take any reasonable steps to limit the scope of the data disclosed.

Web Logs: The Company maintains standard Web logs that record basic information about visitors to our Web site. These logs contain: * The Internet domain from which you came to our Web site. * Your IP address. An IP address is a series of numbers which uniquely identifies your connection to the Internet. Although it is possible in some instances, certain types of IP addresses may be used by interested persons to identify users but we do not attempt to identify users in this way. * The type of browser (e.g., Internet Explorer or Netscape) and operating system (e.g., Windows 98) you use. * The date and time you visited the site, and the pages you saw.

We use Web log information to design our Web site, identify popular features, and in similar ways. We do not try to identify individuals from Web logs or to link Web logs to other user information. However, if someone tries to damage our Web site or use it in an unauthorized or illegal way, we may share Web log information with law enforcement agencies. The Company may provide aggregate information such as the number of users who visit particular pages of the site, or the number of people who link to certain external sites from our site, to other parties.

Changes to Privacy Policy

The Company's features and services will change over time and our information-gathering practices and policies may also change.

While our philosophy of protecting user information from inappropriate uses and disclosures will not change, this policy will be updated occasionally to include any change that materially affects the collection, maintenance, use, or disclosure of personal information.

Forum Topics

  • Edit
  • Export
  • Clone
  • New
  • Active
  • Rank
  • Comments
  • Florshein Edgar ($115) vs Allen Edmond Park Avenue ($345) Which one is a better value? They look almost...
    Florsheim vs. Allen Edmond
  • Should I even bother with investment banking at the bulge brackets if I know that I need at least 5 hours of sleep every night in order to function properly?...
    If I NEED 5 hours of sleep to function......
  • I'm just finished my first year of my MBA and I am searching for some good summer reading. I am starting an internship at a boutique consulting firm specializing in website and mobile development....
    What are you reading?
  • I'm a sophomore in Northwestern aiming for BB IBD preferably in NYC. How many people end up in NYC? What about in Chicago? Compared to UChicago and other targets? Is Northwestern a target...
    How is Northwestern represented in NY BB IBD? What about in Chicago?
  • Has anybody used either of these two methods, and if so, what have your returns been over the past...
    Credibility of Magic Formula Investing or CANSLIM?
  • This is most asked question by people planning to do MBA. So how you are planning to finance your MBA or how u financed your MBA in past. Please spill some beans...
    How you will finance your MBA ?
  • Since most of us will be working in the city for quite a long while, where would you prefer to settle when it comes time to buy a house and/or raise a family? I was thinking somewhere either in Nassau County (Long Island), West Chester County, or across the Hudson in NJ. Which would you choose and...
    Preferred suburbia with easy commute to NYC?
  • I'm hoping to get a few experienced opinions about transitioning from AM to PE through an MBA. I have been working in the business development and client service department for a top asset management firm for two years focusing mostly on our private funds. Prior to this, I worked at a...
    Transitioning from AM to PE
  • Hi again all. Going to give this blog thing another shot (incoming monkey shit for sure). This post is somewhat inspired from Eddies blast from the past article on <strong>GRITS</strong>: girls raised in the south So as we all know, the most difficult aspect of banking are the...
    The Case for Asian Women
  • hi, I was just accepted to university of michigan's school of arts and science and I was wondering if I should transfer there? I am currently a rising sophomore at rutgers business school. Do you think it is worth. How is the reputation of UMICH for econ (not Ross),..is it good enough to...
    should I transfer from rutgers business school to umich(econ)?
  • Could you guys please share names of accomplished investors (think Ackman, Tepper, etc) who is focusing on small cap (>1 B market cap) tech investing. M&A/spin-off thesis focus would be great. Thanks a lot guys. Background: I am student who is currently focusing on investing into...
    Small Cap Tech Investing
  • So I know that different firms do different things, but if I wanted to start doing the equivalent of equity research reports on startups to show for an interview, or even just for my own personal use, does anybody have a sort of template for these? Not entirely sure where to begin besides...
    Typical VC Company Research
  • Hi everyone, I am at a point in my life where I need some direction and asking the community for their feedback. I am 33 and have been an equities trader with a few prop firms in NY for the past seven years. I only graduated from a community college with an associates degree. My passion has...
    Experienced trader seeking advice
  • Any thoughts on this? $1.1bn seems like a lot, but maybe I just don't understand the value. [quote]Yahoo says its $1.1bn (£723m; 857m euros) purchase of blogging platform Tumblr will boost its revenue as soon as...
    Yahoo buys Tumblr
more

Upcoming Events

  • Edit
  • Export
  • Clone
  • Advanced M&A Accounting & Tax Topics Webcast (Live)
    May 21 2013 - 11:00pm - May 22 2013 - 2:00am
  • Boston WSO Happy Hour - Wed May 22nd, 6PM
    May 22 2013 - 11:00pm - May 23 2013 - 1:00am
  • Financial and Valuation Modeling Boot Camp (Dallas)
    May 23 2013 - 1:00pm - May 25 2013 - 10:00pm
  • Shanghai Happy Hour May 24th Friday 7:30PM - 10:30PM
    May 24 2013 - 12:30pm - 3:30pm
  • Hong Kong Networking Event - Happy Hour, May 24th, 7:30PM
    May 25 2013 - 12:30am - 2:30am
more

Highest Ranked Content

  • Week
  • Month
  • Year
  • All Time
  • Comments
I used to work with a guy that had everything on the surface, but absolutely nothing inside. The guy was 6 feet tall, good-looking, charismatic, multi-lingual, graduated from a top business school, and had made MD at a bulge bracket investment bank. Yet he couldn’t remember the last time he...
How to Develop a Personality
<em>Mod note (Andy): we vetted this user to confirm his identity/status and yes in fact he is who he says he is, and is eager to answer your questions :)</em> Bio: I decided to join WSO to help both students and young professionals advance in their Finance careers, whether that be...
I'm an MD and I run the Sales division: Ask Me Anything
I'm currently a Private Equity Analyst in Shanghai, China. Academically, I graduated from a target school majoring in Economics and Chinese. I also spent my time at college as the president of an on-campus student organization related to Finance and Economics and a volunteer for a local...
Ask me anything… I'm a Private Equity Analyst in Shanghai
Inspired by comments from this: http://www.wallstreetoasis.com/forums/basic-guide-ramping-up-on-a-company-with-public-information-part-1-of-3 Lets just jump in. <strong>Technology:</strong> In this space there are really two metrics that matter the most, sales growth and EPS...
Beginners Guide to Valuation and Metrics By Sector
You've just gotten that promotion and now you're in charge of a small team. Congratulations! And welcome to middle management. All the hard work and the knowledge you've developed about everything your firm does these past few years has been noticed. But, now you have a small...
7 Things I've Learned About Being A Manager
For better or for worse, there’s a very unique feeling when everything goes completely according to plan yet nobody seems to care or notice. Such is the case with our favorite company of the moment, Tesla Motors. For those unaware, TSLA has rocketed upwards since its Q1 earnings release,...
A Perfect Storm
Assuming that you have access to no financial products such as FactSet, Bloomberg, CapitalIQ, Thomson or otherwise, thought it would be helpful to give a step by step guide on how to ramp up on a new company from your home computer. Using FaceBook as an example. Lets go ahead and start with the...
Basic Guide Ramping Up On A Company With Public Information (Part 1 of 3)
Fellow Primates, We are looking for 1-2 students on each campus to help WSO in its sales efforts to student clubs/career centers, and overall promotion at your school both online and on the ground. Below is a description of the position and benefits...thanks in advance for your help! <a...
WSO is Looking for Campus Reps For Summer/Fall 2013 (and beyond)
<em>“You know, In The Flesh,”</em> a WSO monkey told me at a recent Happy Hour, <em>“that gentleman’s book is the real deal. I ordered that shit on Amazon as soon as I read your review. It’s so right, man. I want to be like that: keep my word, honor my commitments, be...
Being A Gentleman, Revisited
Someone was asking me about this in PM and I wrote a long and detailed reply about what it is like to work in Big 4 and what advice I would give to people thinking about interning / working there. Thought it might be useful for others so my reply is below. Happy to answer any...
Working In Big 4 Audit in London
more

Recent Jobs

  • Edit
  • Export
  • Clone
  • jdOasis.com, Good Potential to Earn Equity in Online Legal Community
  • Hedge Fund Analyst
  • Private Equity Associate
  • Private Equity Analyst at Hedge Fund
  • Institutional Equity Sales
more



Sell Tickets Online through Eventbrite

Poll

Why would you NOT go to the 2013 WSO Conference? :
View the current poll results.

Silver Banana Rankings

  • Silver Banana Leaders
  • Soiled Monkeys
UserSilver Bananas
Edmundo Braverman1115
TNA1097
CompBanker873
happypantsmcgee742
IlliniProgrammer720
UFOinsider633
TheKing620
BlackHat566
Nouveau Richie420
cphbravo96406
more

Top WSO Members

  • Total Bananas
  • Active Monkeys
UserBanana Points
Edmundo Braverman14342
TNA13500
WallStreetOasis.com12066
UFOinsider10328
happypantsmcgee9621
IlliniProgrammer9213
CompBanker8506
Siberian Husky5862
AndyLouis5802
monty095399
more

New Groups

  • Denver Professionals
  • Minneapolis Bankers
  • Non-Target Networking in NYC
  • Prep School Bankers
  • Commercial Real Estate
  • University of London
  • University of Cambridge
  • Atlanta Monkeys
  • German Monkeys
  • University of North Carolina - Chapel Hill
more

© 2006-2012 WallStreetOasis.com | All Rights ReservedAdvertise | About Us | Contact Us | FAQs | Site Map | Privacy Policy

As Seen In

Sister Site

Syndicate content