Binary Options Profit Calculator - Binary365

Greed is Subtle

The morning alarm woke up Ghen. With an annoyed sigh, he stretched out his arm and silenced the foul-sounding chirps. Slowly sitting up in bed, he let out a deep yawn and got to his feet.
Running a couple of chitinous fingers along his antennae to stimulate them to life, he made his bed and then went to his closet. Today was a work day, so he needed his suit. Once the pants were on, he stretched out his wings so that he could button up the shirt, then relaxing them once all the buttons were secured.
Dressing for the day was done, now for the morning meal. Entering his kitchen, he took out the chilled leftovers of the evening meal last night and popped it into the radiator, first defrosting and then slightly cooking it.
During that process, he also fished out a ceramic cup and placed it in his brewer, serving himself some synthesized caffeine. His idle thought led him to being amused that, when eaten directly off a plant, it has a concentration that could kill him three times over. But after going through some refinement and roasting, all it does is make him hyper.
Once the meal was put together, his plate of heated leftovers and a cup of almost-piping-hot cup of Xia's, he took his time to enjoy it. His communicator vibrated. When he looked, he found it was from his boss.
"Hello?" Ghen answered.
"Ghen, the meeting's been moved up to a few minutes from now." His boss, Xkik, announced. "Apparently higher up has something important they want to say. We have a terminal ready for you, I'll message the login details."
"Wha-, what's so important?" Ghen asked in bewilderment. "Did a water line rupture or something?"
"No, nothing like that." Xkik replied with a slight chuckle. "It's actually about the rumors we've been hearing. That human corporation wanting to acquire us? That's what they're talking about."
Ghen could feel everything inside his thorax drop to the floor. "That must mean it's true then, right? Did we get sold off by the Queen to this company then?"
"Show up to the meeting and you'll get your answer." Xkik said simply. When he finished, Ghen got the notification on his communicator. There's the login details, allowing him to remotely attend the meeting. "They're about to start, hurry up."
Once Xkik disconnected, Ghen worked fast to login and set up the remote viewing. Once everything was done, his screen started transmitting the meeting room. It was already packed. And off by the main board, he saw his answer. There was a human, resting against the wall on his two legs. Standing right in the center of everyone's view was the coordinator, Tizx, watching the clock periodically.
As soon as the meeting's start time was reached, the coordinator began. "Alright everyone. I realize that this was rather short notice, so I want to say how appreciative I am that you made it. Now then, let's just get right to it. For some time now, many of you have been hearing rumors that a human corporation has been interested in us. Why? We never really knew. We're just an organization responsible for finding, extracting and providing water to the colony here all under the direction of the Queen herself. Well, as of now, I have the answer for you. Why don't I let Ryan say that?"
Stepping back, Tizx motioned for the human, Ryan, to take over. With a nod, Ryan practically bounced over and then took the position. "Good morning to you all. I hope my Zazk is passable, heh. Anyways, the answer to those rumors, is yes. Terran Galactic Company is indeed interested in you all. Which now leads to me. I'm here to announce that, effective yesterday evening, this water company is now a subsidiary of Terran Galactic Company, under the name of Zilia Water Delivery."
Many other sub-coordinators broke into hushed conversation, no doubt speaking their thoughts with each other about this move. Ghen could only wonder if this was even a good thing. What will the humans do? Will he still have his job? Will he have to learn how to deal with the ruthless humans?
"Now, I am well aware this is quite the...uh, change." Ryan continued. "That's why I'm happy to inform you that, no, nothing negative or detrimental will happen to you. You just have new people to answer to. Operations will continue as normal, everybody here will still keep their jobs. The only real change any of you will personally experience is that Coordinator Tizx here will now report to someone else. On behalf of the Terran Galactic Company, we are extremely excited and are looking forward to working with you all. Thank you for your time."
A week later.
At least Ryan wasn't lying. After the initial shock wore off, things went back as they normally did. There were no terminations, no reductions in annual pay or anything. Nothing really changed. At least until this new meeting was called. Ghen was at the worksite this time, so he took his seat and watched as, once again, Ryan led the meeting.
"Hello again, everyone!" He said cheerfully, his Zazk noticeably improved. "I hope I didn't end up looking like a liar, right? Everything's still normal, all that?"
All the zazk in the room confirmed, providing comments to their pleasant surprise as well as lingering thoughts.
"Awesome! Awesome." Ryan said jubilantly, his fleshy mouth revealing his bone-white teeth. "Now then, you're probably wondering why I'm here again, right? Well, I got another fantastic piece of news for you all! Two, actually. I'll start with the first: Zilia Water Delivery has just completed its IPO. The company is now publicly traded!"
Ghen and the others voiced their confusion, having no idea what in the name of the Queen Ryan was talking about. What was Ryan talking about? What's an IPO? And why exactly is being publicly traded such a significant thing?
"Oh, you guys don't know any of that?" Ryan asked in surprised confusion. After everybody confirmed, he let out a quick huff as he began his explanation. "Well, to begin, IPO is short for Initial Public Offering. Basically what that means is that, before today, Zilia was privately held. Only certain individuals could buy and sell shares here. But now that we're public? Literally anyone can buy and sell shares in the company, hence us being publicly traded."
"Uh, what's a share?" Ghen asked, still completely lost.
"Oh, boy..." Ryan muttered under his breath before returning to his peppy image. "To simply put it, a share is short for having a share of ownership in a company. When you buy a share, you're buying a piece of ownership, and when you sell, you're selling that amount."
"So wait...if someone buys a share, they're a co-owner then?" One of the other team coordinators asked.
"If they get enough, yeah." Ryan nodded. "You need a lot though, and that really depends on the company. If I had to give an answer though? I'd say usually you need to have a lot more shares than a lot of people combined to be officially a co-owner, but we call that being a majority shareholder."
"And how do we do that?" Ghen asked, now growing curious but still not understanding why such a concept exists.
"Simple. Buy shares." Ryan said simply. "And that leads into the second piece of awesome news. Zilia's corporate has a product in mind, a premium-package of water delivery. Instead of the usual water that you pump out, filter and ensure its potable before delivery, with the premium package, not only will you get that, but you'll also get all of the required nutrients and vitamins the zazk body requires! And they feel you guys have the best expertise and understanding to pull it off! So, here's what we're offering as a good-faith bonus: A 25% increase to your annual salary as well as being given stock options."
Ghen wasn't sure about the second part, but the salary definitely got his attention, as well as everyone else's. Although his job was considered to have a good pay, Ghen isn't going to say no to a higher salary. In fact, he's been focusing his work on getting a promotion so he can come home with even more credits in pocket.
"What do you mean by stock options?" Ghen asked after some time.
Ryan let out that smile again, the one that revealed his teeth. "If you choose to transfer over to the new group, you'll be provided 50,000 shares in Zilia itself. Why's that awesome? Let me walk you through it. Right now, our last closing price per share was 3.02 credits. And if you have 50,000 shares during that time, you're sitting on 151,000 credits, if you cash it out immediately."
"And why shouldn't we?" One of the coordinators demanded in an ambiguous tone.
"Because the price per share changes a lot." Ryan explained promptly. "When we got done with the IPO? It closed at 2.73 a share. Right now? My money's on the closing price being 2.99 a share. However, we are extremely confident in this premium package being successful. If it does? Well, my bet is that the share price will skyrocket to 3.12 a share. If you hold those shares and the price gets to what my bet was? You'll instead get 156,000 credits. Just by holding onto them, you just made an additional 5,000 credits!"
"And what if we have more shares?" Ghen questioned, now getting excited at the prospect of free money.
"Even more money!" Ryan laughed a bit. "And don't forget about dividends, but that's for another time. The premium group is gearing up right now, we just need the workforce. If any of you wants in, I'll be back tomorrow with all the forms needed to make it official. Take the day and tonight to think it over, yeah?"
Everything else melted into a blur. Ghen was practically on autopilot that whole day. Was this the secret to the humans' incredibly massive economy? How so many of them have amassed so much money out of nowhere? All you had to do was just buy this share out of a company and you get more money without even working?
As soon as he got home, Ghen knew what he was going to do during the night. After feverishly looking through the galnet, now having the human race connected to it, he looked and gathered up as many books that were translated into zazk as he could find, all talking about the human economic system. The last time he undertook such an intensive study was during his primary education phase.
And during his search, he even found forums on the galnet that were completely dedicated to the human's economy. All of them talking about strategies on what company, or stock, to pick. How to analyze a company's performance to determine if it was worth the money, or it had potential to grow over time. And that was when he discovered the humans found another method to the extremely simple buying and selling process. There were humans and some other immigrated aliens who made five times what Ghen could receive over a simple month just by watching the share prices during trading hours, and then buying and selling them at the proper times.
Ghen's mind was just absolutely flabbergasted. He thought it was just some strange concept only aliens could make, but no, not with the humans. They've practically made their economy into an art or a science. No, not even their economy. Everything. If humans can see a way to make money off of it, they'll do it. And if there isn't, they'll look for a way.
Healthcare was monetized. Galnet services, transportation, shopping at the store, they even made all of their utilities into profit-oriented companies.
And it was there that Ghen paused, the realization slamming into him. Everything was monetized. Which means, if you don't have the money for it, you're not getting it. Right? Are the humans truly that ruthless? So obsessed with making money? To the point that they're willing to deprive their own people of the absolute necessities if it's a source of credits?
Ghen let out a scoff. There's no way. Nobody is that cruel and callous. He's never been to the United Nations. He can't rely on what a bunch of random people on the galnet says. He decided that from here on out, he'll only go as far as saying that humans are a little obsessed with credits, nothing more.
...
There he was. Ryan, sitting in the office provided to him. And there was a rather large line leading to him. Looks like word got around. Although, the line wasn't as large as he expected it to be. Maybe the others thought it was just a ruse? That there's no such thing as making free money by spending it on such a made-up concept?
Ghen only knows that, if it is a ruse, it's an extremely elaborate one, where all of the humans are in on it. And he believes that's just extremely ridiculous. At the end, if he's unsure, he'll just take the transfer for the very real increase in his very real salary. And although he spent a very good chunk of the night reading up on how humans do things, he's still going to play it smart. He'll leave his 50,000 shares alone and see where it goes from there.
"Good morning sir." Ryan greeted warmly once Ghen took his seat. "Now, name please?"
"Ghen." He answered, barely keeping his nerves down.
"Alright...and what's your position at this location?" Ryan questioned after scribbling on his form.
"I monitor the pumping stations near the extraction sites." Ghen explained, staying on point. "To be more specific, I check to see if they're in need of maintenance, as well as reading the flow rate that's determined by the calculators installed there. If there's too little for what's needed, I pump out more. And if there's too much, I pull it back a little."
"Nice...and how long have you been doing it for?" Ryan complimented with a nod.
"As of tomorrow, ten years." Ghen replied, voice quickly changing to minor awe once he realized that fact.
"Excellent. Do you have anyone in mind you'd like to replace you here?" Ryan questioned after another scribble. "If you don't have anyone, you're free to say so."
Ghen took a moment to think it over. A bunch of names went through his mind, but one stuck with him. "Tilik. He's just been accepted here, but he's learned quickly. Very attentive and he always catches something subtle. I think he'll do really well in my position, even better actually."
"Tilik, really?" Ryan questioned with a little shock, going through his completed forms. Ghen felt a short sense of panic in him. Did something happen, or was Tilik actually transferring? His answer didn't take long to reveal itself. "Right, Tilik was actually one of the first people to want to transfer here. He's actually requested to be part of the testing teams specifically. Do you have a second choice?"
"Um...no, actually." Ghen replied, feeling a little ashamed. "Tilik was my only choice, to be honest."
"Hey, don't worry." Ryan said assuringly with his hands raised. "Nothing wrong with that. Sometimes, there's just nobody up to snuff, right? 'Kay, so, last question. Is there anything specific you'd like to do when given the transfer?"
"If you need someone monitoring new pumps, I'd be happy to do that." Ghen stated.
"So basically same job but with better payoff, am I right?" Ryan grinned. "I hear you. Sometimes, we're just not paid enough for what we're doing. I know I think that sometimes. Uh, our secret, yeah?"
"Yeah, our secret." Ghen nodded, thinking it'd be better to have friendly relations with the human, just in case.
"Awesome. Back on topic, that's it." Ryan announced, placing the form on his pile. "We'll give you a call when you're accepted."
"Oh, uh, that's it?" Ghen questioned with a shrug in shocked surprise.
"What, expecting a question like, why do you want to transfer?" Ryan chuckled a bit as he leaned in his seat. "You can bullshit all you want, but we both know the answer. Sweet money and stock options. Not saying that's a bad answer of course, just that it's pretty obvious."
"I suppose it is." Ghen commented, realizing the point. "Also, you mentioned this...dividend? Is that for Zilia shares?"
Ryan laughed a little bit before nodding. "Yep, announced before I came here. About 0.43 per share. Want to know why that's awesome? Instead of waiting for the proper price to cash out your shares, now? The company pays you for each share you hold."
"A...Are you serious?" Ghen demanded, flabbergasted.
Ryan nodded with his now-trademark grin. "Dead serious. If you get the transfer, and get those 50,000 shares? A little head math...right, if you hold onto those, in addition to your salary, you'll now annually be paid 21,500 credits, if you keep it at 50,000 shares. Only you can decide to sell or buy shares."
Ghen just stood there silent and motionless, no idea of whether to believe it or not, to which Ryan just laughed. Once he walked out of the room, he managed to snap back to reality. Again, just focus on the very real pay-raise. He'll deal with the other parts later.
After he returned to his spot, he spotted Tizx approaching by his desk. The coordinator seems to be as casual as always.
"I saw you in that line a bit ago, Ghen." He said as he leaned on the desk. "Guess you're really taking that human's word?"
"I mean, I don't know about all this share business or what not." Ghen began with a shrug, his tone sounding a little defensive. "But I mean, having a bigger salary? Course I'm going for it when I can. And if all this magic credits turn out to be real? You realize we can live like the royal servants, right? Get the best cars, the nicest food and all that?"
"I'd be very careful, Ghen." Tizx warned in a sudden shift in tone. "Don't trust those humans. The way they just...obsess over money? Come up with more and more insane ways of getting credits? I don't know, it just makes my wings twitch."
"You think this is a bad idea?" Ghen asked with a little surprise at the change-in-demeanor.
"I think you should be careful, with the humans, and with what you're saying." Tizx replied, straightening his posture. "I wouldn't put it past those Earthmen to backstab you if it gets them a few more credits. And we all know how the royal servants get if any of us lowly commoners start thinking we can break into their circle."
"I hear you, I'll be on my guard, promise." Ghen stated with a nod. With a confirming nod of his own, Tizx returned back to his duty, walking past Ghen's desk.
Several weeks later.
Everything became so much better. Ghen got the transfer. He didn't need to relocate to a new residence either. And after he was walked through into learning how to manage his stock account, and seeing that new form of payment in his hands, he already felt as though he made the best decision. But it was only when he decided to take those shares more seriously that he became privy to what he was given. After receiving the dividend payment, and actually seeing it was real, valid credits after transferring it to his main bank account, all he could describe was the most powerful high he ever felt.
While his first thoughts were to buy himself a royalty-class car, some nicer furnishings for his home, or even a better home entirely, he ended up going the smarter route.
After going back to his stock account, he discovered that Zilia's shares rose to about 3.22 credits in price. Knowing that this was the easiest money he could ever make, he took all of his dividend earnings and bought more shares in Zilia, bringing him to owning 56,891.
And from his new regional coordinator, a human named Dylan, tomorrow is the grand release of the premium package. For just a monthly rate of 14.99 credits, the tap water will now include a sizeable portion of all nutrients and vitamins required in the zazk physiology. Still, Ghen has to admit. He's not entirely sure why anybody would want such a thing, if they'd even go for it. But, as long as he's practically swimming in easy credits, he won't pay much attention to it.
And just like when he was intensively studying the basics of how the human economy worked, he barely got any sleep. His mind was constantly thinking about the things he would buy. Or rather, what other stocks to put his credits into. Even now he can still hardly believe it. Just spend your money on some, make-believe thing and, if you wait long enough and picked the right stock, you'll get more than you spent back?
His mind even wandered onto what human colonies, or even their homeworld, Earth, was like. If everybody was making so much money, what kind of things would they offer? What kind of ridiculous service or product or item can you get? He's even debating on joining some forum and just asking around. Explain how he's new to how humans do things and was wondering what he should expect if he's successful.
By the time he felt like he can go to sleep, the binary-stars of the system were rising from the horizon. After getting out of his bed and changing to clean clothes, his mind returned onto what-ifs.
What if he bought better clothes? He's had his eye on that human brand of luxury clothes, Tessuti di Venezia, that's been all the rage amongst the royal servants. Or maybe he can go on vacation and just check out Earth for real?
It was a short ride to his workplace from his home. After getting stuff his stuff and preparing to walk through the doors, he heard the roar of a car grow louder. When he looked, he saw the sleekest and quite possibly the coolest looking car he's ever seen. Each time the engine revved it would startle him, both from how harsh it sounded as well as just how intense it sounded. And after it parked, he saw the doors pop out and then slide along the body back. And there, he saw Tilik, the seat literally turning and extending out a bit before he got off.
As soon as he saw Ghen staring, he struck a rather prideful pose after putting on his lab coat and then sauntered over to Ghen.
"What do you think?" Tilik said, without any doubt inviting praise or compliments.
"D...Did you actually buy that?" Ghen asked, unable to tear his eyes away from the car.
"You're Queens-damn right I did!" Tilik laughed happily. "Thing takes off like a starship, has temperature-controlled seating, all-in-one center console, barely any bouncing on rough roads. Hoof, best decision I've ever made!"
"How much did that thing cost?" Ghen asked after letting out an incredulous laugh.
"Five million credits." Tilik replied, earning an absolutely shocked stare from Ghen. "And thanks to the incredible salary I have, in addition to all these shares and dividends, I'll pay back the credits I borrowed in no time!"
Ghen needed a few moments before he could speak again. "All I've been doing is buying more shares."
Tilik laughed and then patted the now-envious monitor's back. "Smart man. I got a little carried away, yeah, but not anymore. Any spending credits I got, going right back to investing. That's what it's called right, investing?"
"Yeah, it is." Ghen nodded, feeling a fire light up in his thorax. "And also? Today's the day that the premium water thing is being released. Here's hoping it starts out well, right?"
"Oh it will, trust me." Tilik chuckled as they both began making their way inside the workplace. "Lots of research, lots of study. By the Queen, so much of it...it'll make your head spin."
And after hearing that, Ghen had a moment of realization. "Hey, Tilik? How did you get such a nice position anyways? Weren't you just studying under me before the humans came along?"
Tilik let out a sigh after opening the door. "I'll be honest, I never wanted your job. Not because it's boring or terrible, just...I didn't suffer so many sleepless nights in the science academy just to be a glorified button pusher. This is what I've always wanted. Doing science, solving problems rather than just applying the solution, you know?"
"Wait, you got an academic certificate?" Ghen questioned, completely floored. "How did you end up beneath me then? I should've been answering to you!"
"Simple." Tilik gave a heavier sigh. "A royal servant was asking for the same job I was. Take a guess at who got it."
"Ouch. Good thing the humans came along when they did, yeah?" Ghen was taken aback. He never heard anything about a servant taking a job at his place. "Looks like you're proving yourself to be well suited."
"By the Queen, of course I am." Tilik nodded. "Like I said, I nearly broke my wings through so many nights, got certified top of my class, all just to get pushed to the dirt because someone who was born into a particular family wanted the same thing I did? I know I'm smarter than any of those empty-skull servants back in the Center. I know that, whatever, uh...corporate? Yeah, whatever corporate wants out of science, I will xeek give it to them."
"Well, let me know how things go in the lab." Ghen said, admiring his drive as they neared the main office floor. "Because this is where the button pusher needs to go."
Tilik let out a laugh as he nodded. "Hey, how about we meet up at Queen's Fine Eatery tonight. I'll pay, yeah?"
Ghen, at first, wanted to admonish him for choosing such an outrageously expensive place to go. But he quickly realized that, he truly is good for it, thanks to the humans. "Well, hey, if you're paying for it."
...
It was a fantastic opening. After being told what news sites to keep in mind for stocks, he first heard it from Dylan, and then got more detail on Business Today. There was such a massive demand right from the start that Zilia needs to increase extraction just to meet it. But what really got his attention was the effect it had. Zilia Water Delivery's share price just blasted off. After seemingly holding steady at about 3.15, by the time he got home and logged onto his account, it already reached 7.04 a share. The calculator on his account told him that he got a value-gain of 54.26%.
Never in his entire life had he felt such...joy. With all of the shares he currently has? He's sitting at 400,512.64 credits. He knows that it is woefully pathetic compared to what the royal servants have just in their pockets, but the fact that he has such money, just by owning some intangible concept? Why even work at Zilia? Why doesn't he just sit at home, figure out what companies to invest in and make his money that way?
What's even the point in working a real job, getting a pathetic pay when you can just take the money you have, determine where to spend it, and get triple back? All just sitting on your wings at home, researching?
He was so wrapped up in his excited high that he completely forgot he was going to meet Tilik at Queen's. After quickly and haphazardly putting on his nicer clothes, he got to the place only a few minutes late.
Tilik was there by the guide, no doubt having been waiting for him. As soon as he strode up, Tilik's wings stiffned out some. No doubt he must've seen the numbers as well.
"I can see your wings, Ghen." Tilik began with an excited chuckle. "Made some serious credits?"
Ghen let out an incredulous scoff, struggling to find the words for a moment. "Incredible. All I'm going to say."
"Likewise." Tilik chortled some before nodding to the table guide. "All here. Table please?"
"Right this way, sir." The guide said politely. It was a short walk, travelling between round tables. The vast majority were populated by zazk, but Ghen was surprised at seeing a few humans here as well. No doubt corporate workers checking out the local food. He did spot them having bowls filled with some kind of mass. Some were brown, others white with what looks to be black specks on them.
They arrived at their table. A rather nice one, affording a view out the windows into the busy colony streets. Once Tilik and Ghen settled in, the guide handed out the menus.
"May I suggest our rather popular option for tonight?" The guide began. "Human ice-cream. Ingredients sourced from Earth itself. Very cold, but incredibly sweet, and coming in many flavors. The most popular amongst us is called vanilla-bean. The vanilla itself soaks in the cream for much of the process, and then the innards sprinkled on top of it near the end. Rumor has it that the Queen herself has demanded personal shipments of such a treat straight from the home of vanilla, an island on Earth named Madagascar."
Ghen didn't even spare a single thought. "Vanilla bean ice cream then, please."
"Same." Tilik seconded when the guide glanced to him. With a slight bow, the guide proceeded to ferry their orders to the kitchen. Thankfully it was just a short wait before the guide returned, carrying a large plate containing bowls of ice cream. Ghen could feel the saliva on his mandibles as the bowl was placed before them. He could just feel the cold air around that glistening mass of sugary goodness. The white snow decorated with the black dots of vanilla bean.
Once the guide left them, Tilik and Ghen both dived in at the same time. As soon as the ice cream entered his mouth, touched his tongue, he exploded in incomprehensible bliss. The sweetness, the smooth and creamy mass, even the taste of vanilla he wasn't sure about was just absolutely delightful. It was so overwhelming that his entire body limped, slumping in his seat as he was forced to ride on the surging tide of joy and happiness sweeping over him.
Tilik was no different. He too was taken completely by the effects of the ice cream, his wings fluttering some against the seat. Ghen could hear some noise. It was the humans they passed by. They were chuckling, grinning, and glancing over at them discreetly. Unlike the two zazk, the humans seemingly just enjoyed the ice cream as if it was just another nice dessert to them. Or perhaps they couldn't allow themselves to succumb to the high?
And as soon as the wave of indescribable bliss and happiness subsided, Ghen knew. He just knew. This was the life. He wanted this. The ice cream was just the beginning. So many things denied because he didn't have the credits, or worse, not the blood. Because he was just a drone in the great Collective, even if he had the credits, he wasn't allowed because of what caste he was born in. That fire that sparked in him when he saw Tilik's new car? It exploded into a raging firestorm.
And when looking into Tilik's eyes, Ghen could see the same. He was on the same page as Ghen was. Both of them were sold. They have the credits. And the humans? If you can pay for it, they'll never discriminate. All they cared about is if you have the money.
And by the Queen, Ghen and Tilik will endeavor to amass as much credits as physically possible.
The rest of the night faded into a blur. A blur that evokes only one thing. Bliss. It was only when he walked through the door of his pathetic hut that Ghen's mind snapped back to focus. His mandibles felt sticky. And he felt a weight in his stomach. How much ice cream did he eat? Whatever it was, he ate such volume that the lower-section of his throax extended and rounded out, visible even under his shirt. He felt something odd in his pocket. It was a receipt. 43,000 credits for ten bowls of vanilla bean ice cream. Was that ten bowls for both of them? Or individually? Ghen didn't care. He's good for it.
Returning back to his calculator, he acted upon the decision that he had made at that eatery. He's acquiring as many books about investing and stock trading as he could find, frequent and study all the discussions and arguments presented by other like-minded individuals such as he, all to ensure he can live the good life. And he had a very good feeling Tilik was doing the exact same thing.
Well, first, the gurgling in his stomach, as well as the feeling of something rising demanded his attention. Looks like he'll need to take the night off to let his stomach get back to normal.
Three Years Later.
Ghen looked out beyond the horizon, seeing the colony that he grew up in. On the far side was where his old house was. With only a simple robe on, made from the finest silk from Earth's nation-state of China, he relaxed in his seat.
It was a long road. Stockpiling credits from pre-existing investments and from subsequent pays, he and Tilik made it. From having only half a million in assets and cash, now transformed to over eight-hundred million. And now, his call contracts on American Interstellar? They've just announced a breakthrough in their next generation of warp drives, reducing the speed coefficient even further, resulting in far faster travel. And with that, their stock price climbed sharply.
Another hundred million credits in the bank. Soon, very soon, he and Tilik are about to become the galaxy's first zazk billionares. But that's not enough. There are many humans who are billionares. Only those he can count on one hand are considered trillionares. He's going to break into that circle. He and Tilik.
Looking beyond the colony, he saw the abandoned building of the workplace he transferred to when the humans arrived. Turns out, the reason for such a high demand was that the humans also slipped in sugar to the tap water. As soon as that broke, many influential royal servants demanded investigations and outright banning of Terran Galactic Company's influence over the former government division. Zilia's stock price plummeted. But thanks to an advance tip from his human coordinator, Dylan, he and Tilik made a put contract. And that's where they struck gold, as the human saying goes.
Dylan warned that if they were citizens of the United Nations, they'd be investigated and convicted for insider trading. But, since they weren't, and the Collective were only just introduced to capitalism, there's no risk at all. Now the colony is going through a withdrawal phase, Zilia has been dissolved and reformed back as a government division and are currently at work re-establishing the standard, plain water delivery.
"Well, shit." Tilik muttered as he walked up to Ghen's side, taking well to human speech. "Looks like you win. American Interstellar's announcement really was a good thing. There goes a million credits. Ah well, the Royal Shipyards will make it back for me soon."
"Oh? Did they just go corporate?" Ghen asked curiously, glancing to Tilik.
"Hell yeah they did." Tilik chuckled, sitting down. "Queen and her retard servants fought it hard, but Royal Shipyards is now officially a human-style corporation. And, to a surprise to all the xenophobes in the galaxy, they're already being offered contracts for ship production. That'll raise the stock price pretty good."
"What's that human word...?" Ghen muttered, already having a reply in mind. "Dick? Yeah, calls or suck my dick, Tilik."
Tilik roared in laughter. "Already made them. Forty credits a share by this day next month."
"I have half a mind to go thirty." Ghen chuckled. "Either way, until then, I heard from Dylan that he knows a guy who knows several prime human women who happen to be into zazk."
"You're interested in women?" Tilik said as his wings fluttered. "With how often you tell me to suck you off, I'd have thought differently."
"Oh, I always thought it was you who was into men." Ghen responded dryly. "Just wanted to be a good friend, you know? Considering how you never seem to make it past, Hey sweet thing, I'm rich you know."
"Oh, go fuck yourself." Tilik countered with a little laugh. After he stopped, wings stiffened, he looked to Ghen. "So, know any royal servants we can put the squeeze on for more revenue streams?"
"I got just the one." Ghen nodded, sitting up. "Fzik. He's been fighting to control the ice cream trade. Worried it's a corrupting influence. Got done talking with the human CEO of Nestle earlier. If we clear the way, he'll know how to squeeze a little more gains in stock price when he makes the announcement."
Tilik's wings stiffened even more, signaling his approval. "Alright, time to throw some credits around, yeah?"
AN: Sorry for the period of no updates. College is starting up, lots of stuff to clear and work out. Not sure why but I just got a bug up my butt about incorporating money and the stock market into a short. Here it is. Sorry if it seems abrupt, character limit fast approaching. Let me know how you guys think about it!
submitted by SynthoStellar to HFY [link] [comments]

OBLIGATORY FILLER MATERIAL – Breaking Bad, Part 3

Continuing
“Hello and good day, gentlemen”, I say. “I am Doctor Rocknocker. You may and will refer to me as ‘Rock’. OK? None of this ‘Doctor’ or ‘Sir’ guff. We green here?”
There was a buzz of voices but no direct answers.
“OK. Let’s get a few things down right here and now.
(1.) Call me Rock.
(b.) Answer me loudly. I will need to hear you loud and clear. Best get used to that now.
(iii.) “We green?” means “Are we in agreement?” It’s a form of shorthand I use here and in the field.
(⍾.) “You diggin’ me, Beaumont? means you’ve really done gone and pissed me off; you’ve done something untoward. Pray you never hear that phrase, and,
(∞.) I’m the boss. The top dog. The hookin’ bull. The Maharaja here. I possess the first, final and only words you’re going to listen to for the next couple of weeks. What I say, goes. Any problem, please let me know now so we can replace you most quickly.”
A gentle buzz, but no replies.
“Gentlemen. Do we agree?” I ask.
“Yes, Rock.” Was the reply.
OK, there might be some form of a societal prohibition against making loud noises. That’s the first thing that has to go.
“Gentlemen, we will be working in the great outdoors where there are wind, rain, waves, and other environmental nonsense making all sorts of unrequited noise. We need clear and proper lines of communication. I need to hear you clearly and vice-versa. When speaking, you will speak slowly, clearly, and loudly. “
DO WE AGREE!?!” I yell, rather deafeningly.
“YES, ROCK!” came the eventual reply.
“Outstanding”. I ponder.
Continuing…
“Mr. Sanjay is my de facto second in command. If I’m out having a smoke, taking a piss, or having a snort, he’s in charge. Listen to him as if I suddenly lost 150 pounds, shaved my beard, and inexplicably become Indian.” I chuckled.
They seemed to enjoy that. I actually elicited a few chuckles.
“Mr. Sanjay will now distribute to you your locker boxes. You will wait until he hands you yours. Do not get up and mill around the room. We green?” I ask.
“Green! Doctor Rock.” Came the noisy reply.
“Progress. Marvelous.”, I reflect.
“I’ll be right back. Mr. Sanjay, the room is yours.” I note. I might need to cut back on the coffee.
I slope off to the loo and it’s just as horrible as you can imagine an outdoor communal shithouse in sunny India attended by 30,000 Indian gentlemen could be.
Fuck COVID-19. I’m thinking hot and cold running dysentery, dengue, and death here. Ick.
Glad I have a highly functioning immune system.
I retrieve a shiny aluminum Halliburton™ case from Headquarters and ease off to an unused office space to change.
I went from my usual field garb to full PPEs. It was quite a sight.
I’ll be telling you about it in mere moments. Contain the excitement.
I’m walking back to Outbuilding #2 and damned if my get-up didn’t elicit a few gasps, shielded guffaws, and a salute or two. I have to admit, to the uninitiated, I was a sight right out of Area 52, the more secret one, west by northeast of Roswell, New Mexico.
I get back to the outbuilding and enter. Everyone was looking through their locker boxes, chuckling about their good fortune and wondering with Joker-like glee what the hell all these wonderful gizmos were and where did I get them? They all stopped dead in their tracks when I walked in.
Their silence was palpable.
“Gentlemen”, I said, “Here’s how you are going to look at work tomorrow. Revel in its utility, comfort, and extreme fashion sense.” I did a quick spin like I used to on the runway.
At O’Hare when we were doing field geostatic tests. Whatever were you thinking?
Anyways…
I was wearing a pair of size 66-XTall NFPA 70E blaze orange Carhartt Nomex coveralls. I had on a Dax carbon-fiber blaze orange “Coal Scuttle” hardhat with swing-away hearing protection keyed into your personal communications module, and a gold-anodized, pull-down full face shield. The helmet was designed to drain away falling water down over one’s back and not down one’s neck.
I had a pair of ‘wet’ gloves under the snap retainer on my left shoulder, a pair of ‘dry’ gloves on my right. I was wearing an orange CMC Safety 9-point safety and rescue harness, good to well over 1,500 pounds. Over both shoulders, around the crotch, up the front, and around the back, X-style. This popular harness features multiple D-ring attachment points and the patented JackBack removable padding with breathable D-3 cloth, which keeps shoulder straps separated and makes donning and doffing a breeze. It had several catch-points where one could easily and readily attach to the snap carabiners and get bodily dragged out of a nasty situation by rope or chain. The front waist D-ring allows a comfortable, stable sitting position for rappels and the sternum D-ring works well for helicopter or crane-assist hoists. Gear loops offer easy access to equipment, and quick-connect-disconnect shoulder straps and leg loops make the harness quick to don or doff. It could be used for impromptu spelunking on days off.
I had on Size 16 EEE Gear Box 8088 Men's 8 inch Black Leather intrinsically-safe hard-toed lace-up black turned-heel leather work boots with the new self-cleaning, oil-and chemical resistant Vibram soles.
They couldn’t see, but I was also wearing a cotton-Nomex blend wifebeater and boxers as well. Nomex tends to chafe. Best be safe.
I had a powerful Maglite flashlight clipped to my rescue harness, as well as my mini Air Horn; a blaster’s must. I also had a mobile VHF-Commslink™ radio in a pocket on the back of my coveralls on the left shoulder. I had the microphone for it Velcro-ed to my rescue harness within easy reach. Very cop like. Very cool. Very necessary.
I had a traditional Zippo and Bic Butane lighters in my right-hand chest pocket and a brace of cigars, though these were optional, in my left pocket. I carried a bespoke constructed Swiss Army Knife on a lanyard in my right front pocket and had a custom Bears Paw Leatherman hanging on the left of my rescue harness.
Also clipped to the harness was a Silva orienteering compass. There was a selection of NASA write anywhere pens, Sharpies, and oil-writing chalk pencils in my other front pockets. I had an oil industry tally book in my other front pocket.
Why blaze orange? Well, Red Adair already co-opted bright red, and fluorescent green wasn’t available in my size.
So, we’re now ready to plant explosives in West India or go deer hunting in the Northwoods of Baja Canada.
“Questions, Gentlemen?” I asked.
I explained that in their locker boxes were purchase orders, POs, for every bit of kit I was wearing. They were to take these POs to the Company Store and get, well, kitted out in their own sizes and preferences. I wanted to see everyone back here tomorrow at 1300 hours looking as I do now. Well, maybe skip the cigar and be not quite so large.
I sat down on the table in front of the crowd and had Sanjay bring over the demo locker box.
“OK, gents,” I said, “This locker box is yours and is numbered as such. They will be stored here in Outbuilding #2. Each of you will receive a key for this building as it is now your headquarters. We’ll get back to locker boxes in a minute. Anyone need a break for a few minutes?” I asked.
No one dared answer at this magical juncture in the narrative.
“Well, I do”, I said, “Meet back here in twenty minutes. Sanjay?”
The class wandered out and I conversed with Sanjay. We found the maps I had ordered.
They were an aerial view of the breaking yard and it was split into 6 zones, all a different color. There was one master for the wall and 28 copies for the guys. I also had a log-in/log-out board made. Vertically numbered 1 to 28. There were also 7 vertical bars labeled Zone 1 through Zone 6, and one for ‘in dispose’; i.e., in Latrin-e Land. This was so I’d know where my guys were at all times.
There was a hook for each one of these areas to log in, and to let anyone know where a certain person was during the day or night. You’re number 10? And you’re going to be wielding a torch over in Zone 5? Your brass tag goes right there. You’re going to skip over to Zone 3? Get your ass back here and swap it over to where you’re going. There is no excuse for being where you haven’t said you were, short of active accident or dismemberment.
Everyone shuffles back in and I explain the tote board.
“Notice there’s no spot to leave your brass chit if you’ve gone off the reservation?” I asked. “Why do you suppose that is?”
Confused looks all around.
“Because you keep that brass token with you when you’re not on the job. Lose it, lose your job. Sounds harsh, but so is getting your fucking hands blown off. Think of it as an exercise in discipline.”
There was a very little rebuttal.
“When you are on location, your brass token will reflect where you are. You are off-site, put the brass token in your wallet next to your lucky ‘circular impression’.
There were several knowing grins in my cadets.
Wear it around your neck on a chain. Keep it on your keyring. You can wrap it up in ribbons, you can slip it in your sock; I don’t care. Thing is, it is your ticket to this job. Hold on to it, there will be no replacements. We green?”
“Green, Doctor!”
“Outstanding.”
“Now, locker boxes. Gentlemen”, I continued. “These are your personal boxes that will be archived here. They will contain everything that you will need to carry out the job initially and help you with training the next crew that comes through after I leave. Keep them neat and tidy. I like to pull unannounced locker box inspections, gentlemen. Be forewarned.”
The sound of active scribbling is music to my tinny ears.
“Now, as such”, I continue, “Each locker box, at this point, is identical. Please follow along with me as we do inventory: Each gets locker box will contain (as I pull out the item for identification):
• 1- set Purchase Orders (POs) for PPEs
• 1- Galvanometer
• 2- Blaster’s pliers
• 1- Custom Leatherman
• 1- Metal clipboard
• Various Pens, pencils, paper, etc.
• 5- Sharpies
• 1 copy: Blasters Protocols Handbook, 15th Edition
• 1 copy: Blasting and explosives safety training manual by the IEE.
• 1 copy: Theory and practice of blasting, by Hino (A classic)
• 1 copy: Blasters Handbook, 17th Edition
• Various Explosives catalogs
• 1- Custom Swiss Army Knife
• Several Butane lighters
“Are we in agreement, gentlemen?” I ask. “Please check to be certain you have what the manifest states.”
“As long as we’re going over locker boxes, let’s look at our set of PPE purchase orders. Each locker box will contain POs for:
• 1 pair Orange Nomex coveralls, in your size
• 1 Dax carbon-fibre blaze orange hardhat with ear protection, gold face shield
• 1- CMC Safety 9-point extraction harness with carabiners
• 2- pairs Safety Glasses
• 2- pairs of gloves –wet & dry
• 1- pair Gear Box 8088 hard-toed intrinsically safe 8” work boots
• 1- Silva Orienteering Compass
• 3- pairs of cotton WaterWick socks
• 1- CommsLink™ VHF radio with microphone
• 1- Maglight power flashlight
• 1- Rain suit – also Nomex, bibs and outer shell
• 1- Mini Air Horn Power Tootler
• 1- Pair cotton/Nomex blende underwear – anti-chafe, wifebeateboxer: 3 sets.
• 1- 16-ounce container ‘Babies Bottom’ Talcum powder. Nomex chafes.
“Well, that’s a lot of gear; you best become real familiar with it as soon as you can. You are responsible for your PPEs. Lose them and replace them at your own cost. Wear them out? No problem. We will replace them. Get caught on location without your proper PPEs? Alavida. Goodbye. There is no second try. Fuck up once, and you’re gone. I am here for a limited time to try and teach you characters how to blast boats. I am not here to be your wet-nurse or mother. We green?” I ask.
“YES! Green! Rock!”
“Outstanding!”
We spend about an hour going over the various contents of the locker boxes and I answer general questions about blasting and explosives.
“We will use Primacord by the mile and tons of C-4 primarily. I might introduce you to binary explosives if there’s time. We might also get into PETN and RDX. Dynamite for training. But that’s about it.”
“We will use demolition wire and electrically fired blasting caps and boosters. We might have some time to look at set-pull-forget mechanicochemical fuses. But you’ll all learn some basic electrical wiring and how to design a circuit.”
“Tomorrow, given it doesn’t rain and the creek don’t rise.”
“Time, gentlemen!” I said. It’s been a long day and I’m a bit jet-lagged knackered. Besides, I wanted to give that Jacuzzi a spin.
“OK, remember: get your PPEs tomorrow morning at the Company Store. I expect to see each and every one of you here tomorrow, kitted out and ready to go, at 1300 sharp. That’s it. See you tomorrow. Susandhya. [Good evening.]” I said.
Locker boxes are locked and stowed in an orderly fashion. Each and everyone one of my 24 acolytes come to me before he leaves work to thank me personally and shake my hand.
“This might just work out”, I say to no one in particular.
Sanjay and I head back to the Raj for the night. I’m really tired, finally feeling the jet travel hit, and not the least bit hungry.
However, I do ring up the 214 cigar dude and relieve him of a selection of fine smokes. I drop by the bar for a couple of barley-pops before I retire to my capacious room for the night.
“Sanjay”, I say, “I’m knackered. If anyone wants me, head them off until tomorrow. It can wait. I’m going to get some kip and don’t want to be disturbed. No maids, no Majordomo, no butler. I just want to get unconscious for a while.”
“No problem, Rock”, Sanjay assures me, “I’ll tell them you’ve gone bush and haven’t left a forwarding address.”
“Good man”, I say, patting him on the shoulder. Hell, I must be getting old. Shit like teaching a band of newbies and whooping a little ass would have never as much as caused me a short breath. Then again, it’s probably not the years, it’s really the mileage…
After a quick light breakfast come morning, Sanjay and I are back on location. I’m being given a tour of the place by the day-shift foreman, one Mr. Vikramaditya Shrivastava.
“Yikes”, I say to Sanjay, “You characters really go for your 11-syllable names.”
“Call him ‘Vik’, Rock”, Sanjay smiles, “Good thing you’ve never asked about my last name.”
“Probably is”, I snicker back. I’m not getting roped into this little tussle.
Vik speaks fairly passable English, but I’m still glad Sanjay is here. The first order of business is to see the explosives bunker I sent plans for and how that’s coming along. They tell me it’s almost finished and ready to be stocked with what I’ve ordered.
“Outstanding, let’s have a look,” I say.
Into the Citation Golf Cart, we go. None of this plebian walking shit. We’re MIPs, Monstrously Important People.
Plebes walk, we ride.
We drive around the piles of rusty scrap, huge hunks of bulkhead, and disconcertingly quickly through polychromatic puddles of who-knows-what to slide to a stop in front of a large canvas tent.
Think M *A *S *H-type mess tent.
“What’s this?” I ask, “Commissary? First Aid?”
“No, Dr. Rock”, Vik explains, “Here are your explosives.”
My eyes grow large.
“What do you mean?” I ask. What the fuck do you mean? I mean.
“Building of your bunker is taking more time than we expected what with your design imperatives. But your order was filled most expediently. We are storing it here until the bunker is complete.” He smiles in that inimitable Indian manner that is so irritating when they don’t realize the major fuck-up they’ve just committed.
“OK. Simmer down, Rock.” I say to myself. “Sanjay, ask him again what’s in that tent. That bottomless tent that’s just a sheet of tarpaulin held up by metal poles.”
“He says that’s your explosives order, Rock,” Sanjay says. His demeanor went from perky and helpful to terrified as he saw me turn several shades of crimson and begin to emit wisps of steam.
“Sanjay”, I said in calm, calculated terms. “You are telling me there are over 9 tons of high explosives, blasting caps, boosters, demo wire, and ANFO sitting on wet sand in this heat under a sheet of fucking tarpaulin?”
“Yes?” he stammered, with a squeak.
“OK.”, I said. “We need to keep very calm and not go completely apeshit; and I’m telling you, right now, that’s taking Augean-level effort. We have a situation here, Mr. Sanjay. A very, very dangerous and very deadly situation. Let’s above all, remain calm.”
“Right, Rock”, he replies.
I turn to Vik and say in a calm and collected tone, “YOU STUPID MOTHERFUCKER! WHAT HAVE YOU DONE?
“Calm and collected, right, Rock?” Sanjay smirks and Mr. Vik withers under my verbal assault.
“Sorry, I had to get that one out.”, I apologized, “Mr. Vik. You have created a real blockbuster here. Quite literally. I figured, erroneously it seems, that you would not take delivery of over 9 TONS of high explosives before you had a very safe and secure place to store such.”
“It arrived sooner than we thought. We got a good price on it,” he explained.
You did? Fucking great! Holy mothering fuck!
Now I was even more worried. One does not get discounts or bargain-basement deals on quality high explosives.
“Pray, Mr. Vik”, I entreated, “From where did you source these detonic components?”
“From Best Blast and Supply Llc of Hong Kong Enterprises.” He replied, “Bulk discount quantities, quick delivery bonus. Saved crore rupee.”
No. I was wrong, it could get worse.
Not only 9 tons of high explosives, 9 tons of counterfeit, knock-off, and non-regulated manufacturer explosives.
“OK”, I said, “Let’s take stock here. My bunker isn’t finished yet? Correct? So you and the company meatheads ordered 9 tons of knock-off explosives from some shady and cheesy Chinese dealer and you stored them on wet beach sand, in this heat, under a tarp? Have I got all that right?”
“Oh, yes Doctor Rock.”, he smiled.
“Sanjay”, I said in a low, firm tone, “We have a…situation. We need to cordon this area off and build an exclusion zone as far as we can around it. No one, and I mean no one, gets within what, 10 kilometers? of the tent. This thing goes off, it’s going to leave a much larger than that cone of devastation. Then we need to visit with the management of this place and have a few thousand well-chosen four-letter words. Then I can think about what the fuck we’re going to do about this situation. I’m struggling to remain calm so everyone else will, but this is just a wee bit tetchy. Find me some red flags and start planting them around the tent, working our way out. Let’s go. Calmly, collectively, and with purpose.”
We find a source of 2-meter poles with red pennants. Sanjay also finds a few miles of yellow “Danger: Stay The Fuck Away” tape. We gather then and head back to the tent. We start to spiral out from it planting flags and running tape.
We did the best we could, but we were disrupting daily business activities. Good. Let the head idiots in charge know they’ve fucked up and grandly.
Back at headquarters, I’m fuming. I’m damn mad. I’m loud and being all extremely American about all this.
“You fucking idiots! 9 tons of cheap-shit high explosives? From China? Stored on wet sand in this heat? Under a benchod tarp? Why the flying fuck do you think I sent such detailed plans for a storage bunker? Do you assholes even think?” I railed on like this for at least half an hour, going all Gene Wilder in ‘Young Frankenstein’.
“Yes, Doctor”, one Mr. Karam Kanungo, the local boss and company president said, “That is all true and steps will be taken to redress the situation. But that doesn’t address the issue at hand. What do you suggest?”
“I suggest you are all taken out and given hot coffee high colonics to clear out your thinking processes”, I spit, “But that still leaves us with a nine-ton headache out there waiting to bloom into something even more aggravating.”
The entire assembled board agreed.
I calm down a bit and have a think. Fuck your boardroom, I’m having a cigar.
“You need a licensed, certified, master blaster to go and sort that out. Do you happen to have one handy?” I asked, sweeter than clover honey.
“Ah, yes, you are…oh.”, was the collective realization.
“Yeah, I know. It’s me. I’m the only one that can sort this shit out. We can’t even wait until we find someone from the world to assist. We are sitting on a literal time bomb, gentlemen.” I reply.
They all agreed and were relieved I was going to take on the challenge.
What else could I do? That stuff lights off and we’re talking easily hundreds if not thousands of fatalities and countless injuries. Fuck that. Not on my watch.
I tells ya’ what. The fucking Karma Fairy better shower me with gifts and accolades, blowjobs and candy corn after all this.
In a metaphorical sense, of course.
“OK, Mr. Sanjay, you’re with me.” I say, “Now look, Herr Macs”, I address the collective board, “Before I had carte blanche. Now, if I even think we might need something, it appears. We’ll sort out our honoraria and bonuses for this after we get back.”
Everyone present agreed most hastily. Handshakes all around and apologies from the board cemented the issue.
“OK, Sanjay. I need a bus. At least 24-seater. With a driver than knows how, when, and where to stop. OK?” I ask.
“24, Rock?”, Sanjay asks, “You’re not thinking of including the recruits now, are you?”
“Yes I am, Mr. Sanjay.”, I replied sternly, “On the job training. Meet me at outbuilding #2 at 1300 as per plan. Order a bus and arrange the largest forklift that can manage beach sand, about 100 wooden pallets, plastic wrap, and sandbags. Lots and lots of sandbags. Have them stockpiled away from the tent in a muster area. OK. You got all that?”
“Yes, Rock”, he said, “I’ll be there in a couple of hours. It will only take a few phone calls.”
“Marvelous.”
Not even 1000 in the fucking morning and I’m facing life and death decisions once again. I dig an emergency flask out of my field vest. If this doesn’t qualify as an emergency, what the fuck does?
A tot or two later, I change into my PPEs, and light a cigar. I catch a tap-tap to the region of the tent. I need to reconnoiter the area and figure out what sort of dragon I have to slay and the best way of going about slaughtering the sumbitch.
I’m standing alone, about 250 meters from the tent of death.
I’m puzzling and puzzling; but I can’t allow for my puzzler to go sore. Not this early, anyway.
“OK, me ol’ mucker”, I sigh, “It’s me or thee. Pucker up, Buckwheat. Here I come.”
A blast suit like the ones bomb disposal dudes wear wouldn’t help in the least. All it would do is hold the mashed body parts together to make for easier disposal. I’m anywhere within a kilometer or so of this pile of Chinese counterfeit boom-makers and it decides to let go; I’m lunchmeat. That’s it. Alive one second; kerpow, splat, instantaneously zonked into component particles the next. That’s the long and short of it. No ‘thank you’s. No ‘good bye’s. Just existing here one minute and in an alternate dimension the next.
Doesn't that just take the biscuit? Funny old thing, life.
I trod onwards.
For a moment, nothing happened. Then, after a second or so, nothing continued to happen.
I was walking up to the tent, clearing a path for the forklift. No fucking way I’m schlepping nine tons of dodgy explosives out of here, over wet beach sand, by hand and hoof.
Sand. I’m with young Anakin on this one. I hate sand. I hate walking in dry sand, hiking in wet sand. It makes for a wonderful oil reservoir and I love its porosity and permeability at depth. But at the surface, forget it. Yow! Let me tell you about the time I was out in the Rub al-Khali desert. The great Sand Erg. Wind blowing a force 9 gale! Seif dunes 1,000 meters high…
Yeah. I know. I’m stalling.
I’m approaching the tent. Carefully. I pause to light a new cigar. You might think that daft, but it’s really not. None of the stuff inside is heat-sensitive; let me clarify. None of the stuff is going to go off if hit by errant ash or even a sustained flame. But sitting out in the 30C+ heat? OK, that makes it twitchier. Cigars do the opposite for me. Give me something to concentrate upon and it calms me down.
I need calm now. By the bucketful. Where’s a monsoon when you really need one?
OK, I made it. I’m at the tent. Got to hand it to the workers around here, they respect authority and don’t come anywhere near the tent. They also don’t apparently give a shit as there no crowd gathered filming me with their iPhones to post to You Tube© if the tent decides to go all detonic.
Good. I couldn’t yell anything at them they’d understand to clear out anyway.
I open the hole in the side of the tent and pause. I’m hit with a wave of hot air. And the heady redolence of onions, sewer gas, and dog farts.
Sorry, that’s just me. Weird midnight snack last night. Frozen durian. What a treat.
Anyways.
I smell kerosene. Old wood pulp, like musty magazines. And an undercurrent of almonds.
“Oh, treble fuck me,” I say to no one within 100 square kilometers.
Kerosene is sweaty C-4. Old wood pulp is dynamite. Almonds? My old friend, nitroglycerine.
Things, if possible, went from real to super-uber major-league holy-fuck real.
“OK”, I say, as I dig out my phone and begin to snap pictures at a frantic rate.
Luckily, all the ordnance was piled like-with-like. Blasting caps? All over here. C-4, all along this ‘wall’. Dynamite? All over here. Non-explosives? Right over here.
I was mentally running like a squadron of overclocked Crays, wondering what I need to do to sort out this little situation. I’m so deep in thought, someone would need to throw me a rope to get my attention.
Or, just tap me on the shoulder.
Once I returned from low earth orbit, I turn to see a little wisp of an Indian feller, who had to be at least 27 years Methuselah’s senior.
“What? THE? Actual? Fuck? Are? You? DOING? Here?” I screamed.
“A thousand pardons, Sahib.”, the ancient one said, “I saw you working alone. Salim wonders if you need some help? Salim is good helper. Salim will help you good.”
“Yes, Salim. Oh, hello by the way.”, I said, calming a bit, forcing myself to smile so I didn’t kill him on the spot, “I do need your help. I need you to go, very slowly, out of this tent and to where the flags begin. Stand there and allow access to no one. OK. We green?”
Salim smiles broadly revealing both teeth. I slowly usher him out and remind myself to order a few new pairs of boxers before the day is out.
Back to the problem at hand. There are some salvageable items here. But the most the C-4, all the dynamite and every sack of ANFO has to go. And by ‘go’, I mean be disposed of. How?
By blowing it up, how else?
An idea creeps into my skull. I puff and puff while it grows and finally, I’ve a plan of attack.
I close the tent and slowly walk away. I hand Salim 1000 rupees and tell him that no one, I don’t care if it was Mahatma Gandhi reincarnate, goes anywhere near that tent.
“You savvy?” I ask.
“Oh, Sahib! I savvy! Thank you! Salaam! I savvy!” he is beside himself with joy, 13 bucks, and a task.
I look at my watch. It’s just gone noon. Good. I need a sandwich, some fluid replacement, as I’ve probably literally sweated off 5 kilos in the last hour and a half, and some time to jot down my plans.
I catch a tap-tap, geez, these things are everywhere around here. They form an unsanctioned, but necessary, sort of intradepartmental transport system here. I tip a couple of hundred rupees for every trip. They see blaze orange and they have this Pavlovian reaction. I sometimes need to break up fist-fights over which driver arrived first.
“Commissary”, I say, sit down, let the tap-tap, which is really nothing more than a glorified golf cart, adjust to my Western bulk and away we zip.
Salim is waving to me as we depart.
I shudder to think if I hadn’t had a tot or two and was a bit jumpier from the morning’s caffeine. Here's to alcohol: the cause of, and solution to, all of life's problems.
At the commissary, I grab a tall iced, fruit cocktail juice; a slurry of mixed dragon fruit, kiwi, carambola, blood orange, green apple, watermelon, bitter melon, sweet melon, & bailan melon fruity essence. I’m incredibly thirsty and I need some calories, but not in bulk and not from onion bhajis, mutton kabobs, or something claiming to be grilled chicken on a stick.
The last thing I need today is a case of the trots or even sharp gas pains in the next few hours. I add about 5 fingers of Old Fornicator Vodka to the juice and sip it slowly as my biometric rhythms return from the ionosphere and back to more normal levels.
Remember, I’m EtOh-based. I need to control my various fluid levels very carefully.
The blasting muse is upon me. In less than 30 minutes, I have a plan. Both a written out procedure and a map of what needs to be done.
I finish off another tall, icy glass of potato and various fruit juices, venture outside feeling almost like I’ve once again regained the illusion of control of the situation and my life.
I fire up a heater and decide to walk the approximately 1100 meters to outbuilding #2. I’m thinking as I sashay along; figuring this and calculating that.
I round the corner and see Outbuilding #2 and a bus parked next to it.
The bus looks like a refugee from Sgt. Pepper’s Lonely Hearts Club Band. The movie and album.
I go into Outbuilding #2 and see about half the class has arrived, and they are all kitted out in their new, stiff, and scratchy PPEs.
I nod hello to all and see Sanjay over across the room.
“Mr. Sanjay”, I say, “Nice bus. What’s the story?”
“Only one I could find that was a 24 seater, not actively falling apart, and with an English speaking driver. Rock. Mr. Maha, owneoperator.” He replied.
“Mr. Maha”, I said, shaking his hand. “Love the bus. Some sort of passion project?”
Mr. Maha laughs. “I was city bus driver for 39 years. I retire and go nuts. I buy old bus and fix up mechanicals. Runs all like excellently. Looks like dung heap. I begin to paint and never quite knew when to stop.”
“I like it. Adds a sense of surrealism to the day, as if it really needs more.” I reply, “However, I do hope you know how to stop. I mean that sincerely. We have a literal bomb to defuse. Does that bother you?”
“No, Doctor”, he says, “Nothing much bothers me anymore. I know. You are here. You are to make safe. I feel safe that you’re here. Let us go to work.”
“Outstanding”. I say.
I tell him that a fat bonus will be his when this is all over if all goes to plan.
“Unnecessary.”, he replies, “Mr. Sanjay has already paid me.”
“Paid? Perhaps”, I reply, “You are going to get danger money whether you like it or not.”
“I guess I will like it, Doctor.” He smiles.
“Marvelous.”
I look at the clock, it’s 1256. Almost showtime.
1300 on the spot. I pick up the microphone and address the assembled 24.
“Gentlemen”, I say, “Very good. You all look like late October in the United States. Very festive.” as all are kitted out in their respective PPEs.
“We have a little matter to handle. One that has just cropped up and one you’re certainly not ready for, but I have no other choice. Does that bother anyone here?” I ask.
Head shakes and questions arise.
“OK, class”, I say, “For your first training exercise, we’re going to defuse a 9-ton bomb. Let’s go.”
The collective gasp drew my cigar smoke in another direction, right towards them.
“Doctor…Ah, Rock. Really?” one brave soul asked for the crowd.
“Yes”, I said, “seems your company officials got a ‘real deal’ on some dodgy Chinese explosives. They didn’t wait until they finished the storage bunker I had designed, so they simply set the stuff on the beach and covered it with a canvas tent.”
There were more gasps.
“Indeed”, I said, “We need to neutralize this threat. Sanjay is passing out copies of my plan and designs on just how to do this. Read them over and let me know what you think. You have 5 minutes. We’re out of here at 1330 on the nose.”
They read quickly, cogitated over the plans and as I had assumed, didn’t find any flaws within.
“OK”, I say after an inch of cigar had passed, “You follow my directions, directly and without question, there’s no reason you can’t come out of this alive and happy, free to pursue a life of religious fulfillment.”
There was a chuckle or two at that last line. ‘Airplane’ is such a classic movie.
“Now I know”, I continued, “That this is pretty scary shit. Especially for you guys, being tossed in the deep end like this. I know because I’m scared to death.”
“Oh, Doctor Rock”, one of my acolytes said, “We do not believe this is so.”
“I stay alive by being scared to death”, I replied. “You will learn this as well.”
Sanjay checks out everyone’s PPE and all appear in good order. They are happy to have such nice, new equipment.
And that’s a problem. People used to ragged and ratty shit with which to work will go to extraordinary lengths to not filthy-up brand new working gear. This is one little bugaboo I’m going to settle here and now.
“One thing, gentlemen”, I note, “You all have nice, clean, and new PPEs. You look great. You come back to Outbuilding #2 looking as pristine, you’re gone. Keeping clean is not a part of your training. You’re going to sweat and stink. You keep to clean and it tells me you’re goldbricking, that is, not doing your job.” I say as I surreptitiously unscrew the top of my travel mug, ‘accidentally’ trip and shower the front row with Greenland coffee, lukewarm.
“See?”, I saw, “They were totally protected. That’s what PPEs are all about. We green?”
“Somewhat brown, Rock”, a couple of the guys in the front row reply without a hint of irony.
“Outstanding.”
“Gentlemen, it is time. Take what you think you’ll need and leave the rest in your locker box. Brass tags to Sector 4. On the bus, we leave in 5 minutes.”
I move my brass marker to Zone 4, puff a blue cloud for all to see, and head out to the bus.
We’re loaded and headed to Sector 4 in less than 5 minutes.
“OK”, I say”, I’m going to break you up into groups of 4. Tags number 1 to 4, you’re group 1. 5-8, group 2, and so on. OK?”
All respond in the affirmative.
OK. Six groups of four, Sanjay and me to lead the pack. We roll up to just outside the exclusion zone. With a squeal of brakes, we grind to a halt.
“Outside”, I command, “Assemble in your groups next to the bus. Go!”.
Like a well-oiled team, they de-bus and stand together in 6 groups. Sanjay and I walk along, inspecting the troops.
“OK”, I say, “This may seem like a shit job, but group 4. Back on the bus. To the commissary. Water, juice, and whatever else you think we’ll need to stay hydrated out there. Don’t worry, we’re going on rotation once you get back. You’ll all get a chance to do the exciting stuff. Now, move it.”
I say something to Sanjay, he jots it down in his book, certain to remind me later.
“OK, let’s see. Group 1. Storage detail. Build the temporary in-ground storage locker like it’s shown in the plan. Get help and have them source the manpower and materials. It needs to be done in the next 2 hours. Go!”
There are some explosives that can be salvaged. I need a place to store them. I’ve scouted and laid out a spot away from prying eyes where they can build an 8x8x8 hole in the ground, line it with marine plywood, and store whatever we can salvage. A plywood roof over the thing, a couple of locks, and well, Robert’s your Mother’s Sister’s Husband.
Next, I send group 3 to build a road from the tent to an area on the beach sourced as Disposal Area #1. They will take flags and tape and run a road, of sorts, from the tent to the beach; cordoning it off so we can take the forklift and its loads of dodgy high explosives to the disposal area.
The other groups are doing needful and necessary things as well. I tell Sanjay to keep a lid on things, I’m going to bring the forklift, a few pallets, sandbags and such in for the first run.
I find the forklift, and it’s a huge old Hyster 52-ton truck.
It’ll do.
The keys are in, so I drop in and fire it up. It catches on the first twirl and I pick up a half-dozen wooden pallets, a bunch of sandbags, and a few huge rolls of plastic wrapping. It’s like driving a tank, but it has plenty of power and just a low gear range.
I drive it back to Sector 4 and almost rum over Salim. He was taking my previous orders very seriously, indeed.
“All cool, Salim”, I say over the roar of the forklift, “It’s just me.”
He waves and lets me pass. He’s serious as a heart attack about keeping people out.
I drive and realize that I can’t drive ‘gingerly’ in a conveyance such as this. I can drive deliberately and with forethought, but it rumbles and shudders the ground. Best to slide in, drop the load, and shut her down while I figure out what’s next.
I do so and drop the pallets, etc., just outside the flap of the tent. I back off a few feet, drop the forks, and shut the noisy machine down for the time being.
Sanjay appears. As does Crew #5. I motion them to come over, slowly and with forethought.
We’re all standing outside the tent flap. I raise an index finger, right, of course, to get their attention.
“Gentlemen, first lesson. What says these explosives have gone bad? Answer:” and I open the tent flap.
“Take a whiff. What do you smell?” I instruct.
“Old paper?” was one answer.
“Oil? Petrol? Something petrochemical?” was the next.
“Almonds?” Sanjay says.
“Highest marks. We’ve old C-4. It sweats and smells like kerosene. Old paper or pulp? Dynamite gone wet and bad. Almonds? Bitter, bitter almonds? Nitroglycerine. Yes, guys. We’ve got rogue nitro inside. Anyone want to quit? Now’s your chance.” I ask, being deadly serious.
One looks to another; then they all look to me…eyes wide…
To be continued…
submitted by Rocknocker to Rocknocker [link] [comments]

Comprehensive Guide for getting into Home Recording

I'm going to borrow from a few sources and do my best to make this cohesive, but this question comes up a lot. I thought we had a comprehensive guide, but it doesn't appear so. In the absence of this, I feel that a lot of you could use a simple place to go for some basics on recording. There are a couple of great resources online already on some drumming forums, but I don't think they will be around forever.
Some background on myself - I have been drumming a long time. During that time, home recording has gone from using a cassette deck to having a full blown studio at your finger tips. The technology in the last 15 years has gotten so good it really is incredible. When I was trying to decide what I wanted to do with my life, I decided to go to school for audio engineering in a world-class studio. During this time I had access to the studio and was able to assist with engineering on several projects. This was awesome, and I came out with a working knowledge of SIGNAL CHAIN, how audio works in the digital realm, how microphones work, studio design, etc. Can I answer your questions? Yes.

First up: Signal Chain! This is the basic building block of recording. Ever seen a "I have this plugged in but am getting no sound!" thread? Yeah, signal chain.

A "Signal Chain" is the path your audio follows, from sound source, to the recording device, and back out of your monitors (speakers to you normies).
A typical complete signal chain might go something like this:
1] instrument/sound source 2] Microphone/TransducePickup 3] Cable 4] Mic Preamp/DI Box 5] Analog-to-Digital Converter 6] Digital transmission medium[digital data get recoded for usb or FW transfer] 7] Digital recording Device 8] DSP and Digital summing/playback engine 9] Digital-to-Analog Converter 10] Analog output stage[line outputs and output gain/volume control] 11] Monitors/Playback device[headphones/other transducers]
Important Terms, Definitions, and explanations (this will be where the "core" information is):
1] AD Conversion: the process by which the electrical signal is "converted" to a stream of digital code[binary, 1 and 0]. This is accomplished, basically, by taking digital pictures of the audio...and this is known as the "sampling rate/frequency" The number of "pictures" determines the frequency. So the CD standard of 44.1k is 44,100 "pictures" per second of digital code that represents the electrical "wave" of audio. It should be noted that in order to reproduce a frequency accuratly, the sampling rate must be TWICE that of the desired frequency (See: Nyquist-Shannon Theorem). So, a 44.1 digital audio device can, in fact, only record frequencies as high as 22.05khz, and in the real world, the actual upper frequency limit is lower, because the AD device employs a LOW-PASS filter to protect the circuitry from distortion and digital errors called "ALIASING." Confused yet? Don't worry, there's more... We haven't even talked about Bit depth! There are 2 settings for recording digitally: Sample Rate and Bit Depth. Sample rate, as stated above, determines the frequencies captured, however bit depth is used to get a better picture of the sample. Higher bit depth = more accurate sound wave representation. More on this here. Generally speaking, I record at 92KHz/24 bit depth. This makes huge files, but gets really accurate audio. Why does it make huge files? Well, if you are sampling 92,000 times per second, you are taking each sample and applying 24 bits to that, multiply it out and you get 92,000*24 = 2,208,000 bits per second or roughly 0.26MB per second for ONE TRACK. If that track is 5 minutes long, that is a file that is 78.96MB in size. Now lets say you used 8 inputs on an interface, that is, in total, 631.7MB of data. Wow, that escalates quick, right? There is something else to note as well here: Your CPU has to calculate this. So the amount of calculations it needs to perform for this same scenario is ~17.7 million calculations PER SECOND. This is why CPU speed and RAM is super important when recording digitally.
2] DA conversion: the process by which the digital code (the computer representation of a sound wave) is transformed back into electrcal energy in the proper shape. In a oversimplified explanation, the code is measured and the output of the convertor reflects the value of the code by changing voltage. Think of a sound wave on a grid: Frequency would represent the X axis (the horizontal axis)... but there is a vertical axis too. This is called AMPLITUDE or how much energy the wave is generating. People refer to this as how 'loud' a sound is, but that's not entirely correct. You can have a high amplitude wave that is played at a quiet volume. It's important to distinguish the two. How loud a sound is can be controlled by the volume on a speaker or transducer. But that has no impact on how much amplitude the sound wave has in the digital space or "in the wire" on its way to the transducer. So don't get hung up on how "loud" a waveform is, it is how much amplitude it has when talking about it "in the box" or before it gets to the speakeheadphone/whatever.
3] Cables: An often overlooked expense and tool, cables can in fact, make or break your recording. The multitudes of types of cable are determined by the connector, the gauge(thickness), shielding, type of conductor, etc... Just some bullet points on cables:
- Always get the highest quality cabling you can afford. Low quality cables often employ shielding that doesnt efectively protect against AC hums(60 cycle hum), RF interference (causing your cable to act as a gigantic AM/CB radio antenna), or grounding noise introduced by other components in your system. - The way cables are coiled and treated can determine their lifespan and effectiveness. A kinked cable can mean a broken shield, again, causing noise problems. - The standard in the USA for wiring an XLR(standard microphone) cable is: PIN 1= Cold/-, PIN 2= Hot/+, PIN 3=Ground/shield. Pin 3 carries phantom power, so it is important that the shield of your cables be intact and in good condition if you want to use your mic cables without any problems. - Cables for LINE LEVEL and HI-Z(instrument level) gear are not the same! - Line Level Gear, weather professional or consumer, should generally be used with balanced cables (on a 1/4" connector, it will have 3 sections and is commonly known as TRS -or- TipRingSleeve). A balanced 1/4" is essentially the same as a microphone cable, and in fact, most Professional gear with balanced line inputs and outputs will have XLR connectors instead of 1/4" connectors. - Hi-Z cable for instruments (guitars, basses, keyboards, or anything with a pickup) is UNBALANCED, and should be so. The introduction of a balanced cable can cause electricity to be sent backwards into a guitar and shock the guitar player. You may want this to happen, but your gear doesn't. There is some danger here as well, especially on stage, where the voltage CAN BE LETHAL. When running a guitabass/keyboard "Direct" into your interface, soundcard, or recording device, you should ALWAYS use a "DIRECT BOX", which uses a transformer to isolate and balance the the signal or you can use any input on the interface designated as a "Instrument" or "Hi-Z" input. It also changes some electrical properties, resulting in a LINE LEVEL output (it amplifies it from instrument level to line level).
4] Digital Data Transmissions: This includes S/PDIF, AES/EBU, ADAT, MADI. I'm gonna give a brief overview of this stuff, since its unlikely that alot of you will ever really have to think about it: - SDPIF= Sony Phillips Digital Interface Format. using RCA or TOSLINK connectors, this is a digital protocol that carries 3 streams of information. Digital audio Left, Digital Audio Right, and CLOCK. SPDIF generally supports 48khz/20bit information, though some modern devices can support up to 24bits, and up to 88.2khz. SPDIF is the consumer format of AES/EBU - AES/EBU= Audio Engineering Society/European Breadcasters Union Digital protocol uses a special type of cable often terminated with XLR connectors to transmit 2 channels of Digital Audio. AES/EBU is found mostly on expensive professional digital gear. - ADAT= the Alesis Digital Audio Tape was introduced in 1991, and was the first casette based system capable of recording 8 channels of digital audio onto a single cartridge(a SUPER-VHS tape, same one used by high quality VCR's). Enough of the history, its not so important because we are talking about ADAT-LIGHTPIPE Protocol, which is a digital transmission protocol that uses fiberoptic cable and devices to send up to 8 channels of digital audio simultaneously and in sync. ADAT-Lightpipe supports up to 48khz sample rates. This is how people expand the number of inputs by chaining interfaces. - MADI is something you will almost never encounter. It is a protocol that allows up to 64 channels of digital audio to be transmitted over a single cable that is terminated by BNC connectors. Im just telling you it exists so in case you ever encounter a digital snake that doesnt use Gigabit Ethernet, you will know whats going on.
digital transmission specs: SPDIF -> clock->2Ch->RCA cable(consumer) ADAT-Lightpipe->clock->8Ch->Toslink(semi-pro) SPDIF-OPTICAL->clock->2Ch->Toslink(consumer) AES/EBU->clock->2Ch->XLR(Pro) TDIF->clock->8Ch->DSub(Semi-Pro) ______________ MADI->no clock->64Ch->BNC{rare except in large scale pofessional apps} SDIF-II->no clock->24Ch->DSub{rare!} AES/EBU-13->no clock->24Ch->DSub
5] MICROPHONES: There are many types of microphones, and several names for each type. The type of microphone doesn't equate to the polar pattern of the microphone. There are a few common polar patterns in microphones, but there are also several more that are less common. These are the main types- Omni-Directional, Figure 8 (bi-directional), Cardioid, Super Cardioid, Hyper Cardioid, Shotgun. Some light reading.... Now for the types of microphones: - Dynamic Microphones utilize polarized magnets to convert acoustical energy into electrical energy. there are 2 types of dynamic microphones: 1) Moving Coil microphones are the most common type of microphone made. They are also durable, and capable of handling VERY HIGH SPL (sound pressure levels). 2) Ribbon microphones are rare except in professional recording studios. Ribbon microphones are also incredibly fragile. NEVER EVER USE PHANTOM POWER WITH A RIBBON MICROPHONE, IT WILL DIE (unless it specifically requires it, but I've only ever seen this on one Ribbon microphone ever). Sometimes it might even smoke or shoot out a few sparks; applying phantom power to a Ribbon Microphone will literally cause the ribbon, which is normally made from Aluminum, to MELT. Also, windblasts and plosives can rip the ribbon, so these microphones are not suitible for things like horns, woodwinds, vocals, kick drums, or anything that "pushes air." There have been some advances in Ribbon microphones and they are getting to be more common, but they are still super fragile and you have to READ THE MANUAL CAREFULLY to avoid a $1k+ mistake. - CondenseCapacitor Microphones use an electrostatic charge to convert acoustical energy into electrical energy. The movement of the diaphragm(often metal coated mylar) toward a ceramic "backplate" causes a fluctuation in the charge, which is then amplified inside the microphone and output as an electrical signal. Condenser microphones usually use phantom power to charge the capacitors' and backplate in order to maintain the electrostatic charge. There are several types of condenser microphones: 1) Tube Condenser Microphones: historically, this type of microphone has been used in studios since the 1940s, and has been refined and redesigned hundreds, if not thousands of times. Some of the "best sounding" and most desired microphones EVER MADE are Tube Condenser microphones from the 50's and 60's. These vintage microphones, in good condition, with the original TUBES can sell for hundreds of thousands of dollars. Tube mics are known for sounding "full", "warm", and having a particular character, depending on the exact microphone. No 2 tubes mics, even of the same model, will sound the same. Similar, but not the same. Tube mics have their own power supplies, which are not interchangeable to different models. Each tube mic is a different design, and therefore, has different power requirements. 2) FET Condenser microphones: FET stands for "Field Effect Transistor" and the technology allowed condenser microphones to be miniturized. Take for example, the SHURE beta98s/d, which is a minicondenser microphone. FET technology is generally more transparant than tube technology, but can sometimes sound "harsh" or "sterile". 3) Electret Condenser Microphones are a condenser microphone that has a permanent charge, and therefore, does not require phantom power; however, the charge is not truly permanent, and these mics often use AA or 9V batteries, either inside the mic, or on a beltpack. These are less common.
Other important things to know about microphones:
- Pads, Rolloffs, etc: Some mics have switches or rotating collars that notate certain things. Most commonly, high pass filters/lowcut filters, or attenuation pads. 1) A HP/LC Filter does exactly what you might think: Removes low frequency content from the signal at a set frequency and slope. Some microphones allow you to switch the rolloff frequency. Common rolloff frequencies are 75hz, 80hz, 100hz, 120hz, 125hz, and 250hz. 2) A pad in this example is a switch that lowers the output of the microphone directly after the capsule to prevent overloading the input of a microphone preamplifier. You might be asking: How is that possible? Some microphones put out a VERY HIGH SIGNAL LEVEL, sometimes about line level(-10/+4dbu), mic level is generally accepted to start at -75dbu and continues increasing until it becomes line level in voltage. It should be noted that linel level signals are normally of a different impedance than mic level signals, which is determined by the gear. An example for this would be: I mic the top of a snare drum with a large diaphragm condenser mic (solid state mic, not tube) that is capable of handling very high SPLs (sound pressure levels). When the snare drum is played, the input of the mic preamp clips (distorts), even with the gain turned all the way down. To combat this, I would use a pad with enough attenuation to lower the signal into the proper range of input (-60db to -40 db). In general, it is accepted to use a pad with only as much attentuation as you need, plus a small margin of error for extra “headroom”. What this means is that if you use a 20db pad where you only need a 10db pad, you will then have to add an additional 10db of gain to achieve a desireable signal level. This can cause problems, as not all pads sound good, or even transparent, and can color and affect your signal in sometimes unwanted ways that are best left unamplified. - Other mic tips/info: 1) when recording vocals, you should always use a popfilter. A pop filter mounted on a gooseneck is generally more effective than a windscreen made of foam that slips over the microphone. The foam type often kill the highfrequency response, alter the polar pattern, and can introduce non-linear polarity problems(part of the frequency spectrum will be out of phase.) If you don't have a pop filter or don't want to spend on one, buy or obtain a hoop of some kind, buy some cheap panty-hose and stretch it over the hoop to build your own pop filter. 2) Terms Related to mics: - Plosives: “B”, “D”, “F”, “G”, “J”, “P”, “T” hard consonants and other vocal sounds that cause windblasts. These are responsible for a low frequency pop that can severly distort the diaphragm of the microphone, or cause a strange inconsistency of tonality by causing a short term proximity effect.
- Proximity effect: An exponential increase in low frequency response causes by having a microphone excessivly close to a sound. This can be cause by either the force of the air moving actually causes the microphone’s diaphragm to move and sometimes distort, usually on vocalists or buy the buildup of low frequency soundwaves due to off-axis cancellation ports. You cannot get proximity effect on an omnidirectional microphone. With some practice, you can use proximity effect to your advantage, or as an effect. For example, if you are recording someone whispering and it sounds thin or weak and irritating due to the intenese high mid and high frequency content, get the person very close to a cardioid microphone with two popfilters, back to back approx 1/2”-1” away from the mic and set your gain carefully, and you can achieve a very intimite recording of whispering. In a different scenario, you can place a mic inside of a kick drum between 1”-3” away from the inner shell, angled up and at the point of impact, and towards the floor tom. This usually captures a huge low end, and the sympathetic vibration of the floor tom on the kick drum hits, but retains a clarity of attack without being distorted by the SPL of the drum and without capturing unplesant low-mid resonation of the kick drum head and shell that is common directly in the middle of the shell.
6) Wave Envelope: The envelope is the graphical representation of a sound wave commonly found in a DAW. There are 4 parts to this: Attack, Decay, Sustain, Release: 1) Attack is how quickly the sound reaches its peak amplitude; 2) Decay is the time it takes to reach the sustain level; 3) Sustain how long a sound remains at a certain level (think of striking a tom, the initial smack is attack, then it decays to the resonance of the tom, how long it resonates is the sustain); 4) Release is the amount of time before the sustain stops. This is particularly important as these are also the settings on a common piece of gear called a Compressor! Understanding the envelope of a sound is key to learning how to maniuplate it.
7) Phase Cancellation: This is one of the most important concepts in home recording, especially when looking at drums. I'm putting it in this section because it matters so much. Phase Cancellation is what occurs when the same frequencies occur at different times. To put it simply, frequency amplitudes are additive - meaning if you have 2 sound waves of the same frequency, one amplitude is +4 and the other is +2, the way we percieve sound is that the frequency is +6. But a sound wave has a positive and negative amplitude as it travels (like a wave in the ocean with a peak and a swell). If the frequency then has two sources and it is 180 degrees out of phase, that means one wave is at +4 while the other is at -4. This sums to 0, or cancels out the wave. Effectively, you would hear silence. This is why micing techniques are so important, but we'll get into that later. I wanted this term at the top, and will likely mention it again.

Next we can look at the different types of options to actually record your sound!

1) Handheld/All in one/Field Recorders: I don't know if portable cassette tape recorders are still around, but that's an example of one. These are (or used to) be very popular with journalists because they were pretty decent at capturing speech. They do not fare too well with music though. Not too long ago, we saw the emergence of the digital field recorder. These are really nifty little devices. They come in many shapes, sizes and colors, and can be very affordable. They run on batteries, and have built-in microphones, and record digitally onto SD cards or harddiscs. The more simple ones have a pair of built-in condenser microphones, which may or may not be adjustable, and record onto an SD-card. They start around $99 (or less if you don't mind buying refurbished). You turn it on, record, connect the device itself or the SD card to your computer, transfer the file(s) and there is your recording! An entry-level example is the Tascam DR-05. It costs $99. It has two built in omni-directional mics, comes with a 2GB microSD card and runs on two AA batteries. It can record in different formats, the highest being 24-bit 96KHz Broadcast WAV, which is higher than DVD quality! You can also choose to record as an MP3 (32-320kbps) if you need to save space on the SD card or if you're simply going to record a speech/conference or upload it on the web later on. It's got a headphone jack and even small built-in speakers. It can be mounted onto a tripod. And it's about the size of a cell phone. The next step up (although there are of course many options that are price and feature-wise inbetween this one and the last) is a beefier device like the Zoom H4n. It's got all the same features as the Tascam DR-05 and more! It has two adjustable built-in cardioid condenser mics in an XY configuration (you can adjust the angle from a 90-120 degree spread). On the bottom of the device, there are two XLR inputs with preamps. With those, you can expand your recording possibilities with two external microphones. The preamps can send phantom power, so you can even use very nice studio mics. All 4 channels will be recorded independantly, so you can pop them onto your computer later and mix them with software. This device can also act as a USB interface, so instead of just using it as a field recorder, you can connect it directly to your computer or to a DSLR camera for HD filming. My new recommendation for this category is actually the Yamaha EAD10. It really is the best all-in-one solution for anyone that wants to record their kit audio with a great sound. It sports a kick drum trigger (mounts to the rim of the kick) with an x-y pattern set of microphones to pick up the rest of the kit sound. It also has on-board effects, lots of software integration options and smart features through its app. It really is a great solution for anyone who wants to record without reading this guide.
The TL;DR of this guide is - if it seems like too much, buy the Yamaha EAD10 as a simple but effective recording solution for your kit.

2) USB Microphones: There are actually mics that you an plug in directly to your computer via USB. The mics themselves are their own audio interfaces. These mics come in many shapes and sizes, and offer affordable solutions for basic home recording. You can record using a DAW or even something simple like the stock windows sound recorder program that's in the acessories folder of my Windows operating system. The Blue Snowflake is very affordable at $59. It can stand alone or you can attach it to your laptop or your flat screen monitor. It can record up to 44.1kHz, 16-bit WAV audio, which is CD quality. It's a condenser mic with a directional cardioid pickup pattern and has a full frequency response - from 35Hz-20kHz. It probably won't blow you away, but it's a big departure from your average built-in laptop, webcam, headset or desktop microphone. The Audio Technica AT2020 USB is a USB version of their popular AT2020 condenser microphone. At $100 it costs a little more than the regular version. The AT2020 is one of the finest mics in its price range. It's got a very clear sound and it can handle loud volumes. Other companies like Shure and Samson also offer USB versions of some of their studio mics. The AT2020 USB also records up to CD-quality audio and comes with a little desktop tripod. The MXL USB.009 mic is an all-out USB microphone. It features a 1 inch large-diaphragm condenser capsule and can record up to 24-bit 96kHz WAV audio. You can plug your headphones right into the mic (remember, it is its own audio interface) so you can monitor your recordings with no latency, as opposed to doing so with your computer. Switches on the mic control the gain and can blend the mic channel with playback audio. Cost: $399. If you already have a mic, or you don't want to be stuck with just a USB mic, you can purcase a USB converter for your existing microphone. Here is a great review of four of them.
3) Audio Recording Interfaces: You've done some reading up on this stuff... now you are lost. Welcome to the wide, wide world of Audio Interfaces. These come in all different shapes and sizes, features, sampling rates, bit depths, inputs, outputs, you name it. Welcome to the ocean, let's try to help you find land.
- An audio interface, as far as your computer is concerned, is an external sound card. It has audio inputs, such as a microphone preamp and outputs which connect to other audio devices or to headphones or speakers. The modern day recording "rig" is based around a computer, and to get the sound onto your computer, an interface is necessary. All computers have a sound card of some sort, but these have very low quality A/D Converters (analog to digital) and were not designed with any kind of sophisticated audio recording in mind, so for us they are useless and a dedicated audio interface must come into play.
- There are hundreds of interfaces out there. Most commonly they connect to a computer via USB or Firewire. There are also PCI and PCI Express-based interfaces for desktop computers. The most simple interfaces can record one channel via USB, while others can record up to 30 via firewire! All of the connection types into the computer have their advantages and drawbacks. The chances are, you are looking at USB, Firewire, or Thunderbolt. As far as speeds, most interfaces are in the same realm as far as speed is concerned but thunderbolt is a faster data transfer rate. There are some differences in terms of CPU load. Conflict handling (when packages collide) is handled differently. USB sends conflict resolution to the CPU, Firewire handles it internally, Thunderbolt, from what I could find, sends it to the CPU as well. For most applications, none of them are going to be superior from a home-recording standpoint. When you get up to 16/24 channels in/out simultaneously, it's going to matter a lot more.
- There are a number of things to consider when choosing an audio interface. First off your budget, number of channels you'd like to be able to record simultaneously, your monitoring system, your computer and operating system and your applications. Regarding budget, you have to get real. $500 is not going to get you a rig with the ability to multi-track a drum set covered in mics. Not even close! You might get an interface with 8 channels for that much, but you have to factor in the cost of everything, including mics, cables, stands, monitors/headphones, software, etc... Considerations: Stereo Recording or Multi-Track Recording? Stereo Recording is recording two tracks: A left and right channel, which reflects most audio playback systems. This doesn't necessarily mean you are simply recording with two mics, it means that what your rig is recording onto your computer is a single stereo track. You could be recording a 5-piece band with 16 mics/channels, but if you're recording in stereo, all you're getting is a summation of those 16 tracks. This means that in your recording software, you won't be able to manipulate any of those channels independantly after you recorded them. If the rack tom mic wasn't turned up loud enough, or you want to mute the guitars, you can't do that, because all you have is a stereo track of everything. It's up to you to get your levels and balance and tone right before you hit record. If you are only using two mics or lines, then you will have individual control over each mic/line after recording. Commonly, you can find 2 input interfaces and use a sub-mixer taking the left/right outputs and pluging those into each channel of the interface. Some mixers will output a stereo pair into a computer as an interface, such as the Allen&Heath ZED16. If you want full control over every single input, you need to multi-track. Each mic or line that you are recording with will get it's own track in your DAW software, which you can edit and process after the fact. This gives you a lot of control over a recording, and opens up many mixing options, and also many more issues. Interfaces that facilitate multitracking include Presonus FireStudio, Focusrite Scarlett interfaces, etc. There are some mixers that are also interfaces, such as the Presonus StudioLive 16, but these are very expensive. There are core-card interfaces as well, these will plug in directly to your motherboard via PCI or PCI-Express slots. Protools HD is a core-card interface and requires more hardware than just the card to work. I would recommend steering clear of these until you have a firm grasp of signal chain and digital audio, as there are more affordable solutions that will yield similar results in a home-environment.

DAW - Digital Audio Workstation

I've talked a lot about theory, hardware, signal chain, etc... but we need a way to interpret this data. First off what does a DAW do? Some refer to them as DAE's (Digital Audio Editors). You could call it a virtual mixing board , however that isn't entirely correct. DAWs allow you to record, control, mix and manipulate independant audio signals. You can change their volume, add effects, splice and dice tracks, combine recorded audio with MIDI-generated audio, record MIDI tracks and much much more. In the old days, when studios were based around large consoles, the actual audio needed to be recorded onto some kind of medium - analog tape. The audio signals passed through the boards, and were printed onto the tape, and the tape decks were used to play back the audio, and any cutting, overdubbing etc. had to be done physically on the tape. With a DAW, your audio is converted into 1's and 0's through the converters on your interface when you record, and so computers and their harddiscs have largely taken the place of reel-to-reel machines and analog tape.
Here is a list of commonly used DAWs in alphabetical order: ACID Pro Apple Logic Cakewalk SONAR Digital Performer FL (Fruity Loops) Studio (only versions 8 and higher can actually record Audio I believe) GarageBand PreSonus Studio One Pro Tools REAPER Propellerhead Reason (version 6 has combined Reason and Record into one software, so it now is a full audio DAW. Earlier versions of Reason are MIDI based and don't record audio) Propellerhead Record (see above) Steinberg Cubase Steinberg Nuendo
There are of course many more, but these are the main contenders. [Note that not all DAWs actually have audio recording capabilities (All the ones I listed do, because this thread is about audio recording), because many of them are designed for applications like MIDI composing, looping, etc. Some are relatively new, others have been around for a while, and have undergone many updates and transformations. Most have different versions, that cater to different types of recording communities, such as home recording/consumer or professional.
That's a whole lot of choices. You have to do a lot of research to understand what each one offers, what limitations they may have etc... Logic, Garageband and Digital Performer for instance are Mac-only. ACID Pro, FL Studio and SONAR will only run on Windows machines. Garageband is free and is even pre-installed on every Mac computer. Most other DAWs cost something.
Reaper is a standout. A non-commercial license only costs $60. Other DAWs often come bundled with interfaces, such as ProTools MP with M-Audio interfaces, Steinberg Cubase LE with Lexicon Interfaces, Studio One with Presonus Interfaces etc. Reaper is a full function, professional, affordable DAW with a tremendous community behind it. It's my recommendation for everyone, and comes with a free trial. It is universally compatible and not hardware-bound.
You of course don't have to purchase a bundle. Your research might yield that a particular interface will suit your needs well, but the software that the same company offers or even bundles isn't that hot. As a consumer you have a plethora of software and hardware manufacturers competing for your business and there is no shortage of choice. One thing to think about though is compatability and customer support. With some exceptions, technically you can run most DAWs with most interfaces. But again, don't just assume this, do your research! Also, some DAWs will run smoother on certain interfaces, and might experience problems on others. It's not a bad thing to assume that if you purchase the software and hardware from the same company, they're at least somewhat optimized for eachother. In fact, ProTools, until recently would only run on Digidesign (now AVID) and M-Audio interfaces. While many folks didn't like being limited to their hardware choices to run ProTools, a lot of users didn't mind, because I think that at least in part it made ProTools run smoother for everyone, and if you did have a problem, you only had to call up one company. There are many documented cases where consumers with software and hardware from different companies get the runaround:
Software Company X: "It's a hardware issue, call Hardware Company Z". Hardware Company Z: "It's a software issue, call Software Company X".
Another thing to research is the different versions of softwares. Many of them have different versions at different pricepoints, such as entry-level or student versions all the way up to versions catering to the pros. Cheaper versions come with limitations, whether it be a maximum number of audio tracks you can run simultaneously, plug-ins available or supported Plug-In formats and lack of other features that the upper versions have. Some Pro versions might require you to run certain kinds of hardware. I don't have time nor the will to do research on individual DAW's, so if any of you want to make a comparison of different versions of a specific DAW, be my guest! In the end, like I keep stressing - we each have to do our own research.
A big thing about the DAW that it is important to note is this: Your signal chain is your DAW. It is the digital representation of that chain and it is important to understand it in order to properly use that DAW. It is how you route the signal from one spot to another, how you move it through a sidechain compressor or bus the drums into the main fader. It is a digital representation of a large-format recording console, and if you don't understand how the signal gets from the sound source to your monitor (speaker), you're going to have a bad time.

Playback - Monitors are not just for looking at!

I've mentioned monitors several times and wanted to touch on these quickly: Monitors are whatever you are using to listen to the sound. These can be headphones, powered speakers, unpowered speakers, etc. The key thing here is that they are accurate. You want a good depth of field, you want as wide a frequency response as you can get, and you want NEARFIELD monitors. Unless you are working with a space that can put the monitor 8' away from you, 6" is really the biggest speaker size you need. At that point, nearfield monitors will reproduce the audio frequency range faithfully for you. There are many options here, closed back headphones, open back headphones, studio monitors powered, and unpowered (require a separate poweramp to drive the monitor). For headphones, I recommend AKG K271, K872, Sennheiser HD280 Pro, etc. There are many options, but if mixing on headphones I recommend spending some good money on a set. For Powered Monitors, there's really only one choice I recommend: Kali Audio LP-6 monitors. They are, dollar for dollar, the best monitors you can buy for a home studio, period. These things contend with Genelecs and cost a quarter of the price. Yes, they still cost a bit, but if you're going to invest, invest wisely. I don't recommend unpowered monitors, as if you skimp on the poweramp they lose all the advantages you gain with monitors. Just get the powered monitors if you are opting for not headphones.

Drum Mic'ing Guide, I'm not going to re-create the wheel.


That's all for now, this has taken some time to put together (a couple hourse now). I can answer other questions as they pop up. I used a few sources for the information, most notably some well-put together sections on the Pearl Drummers Forum in the recording section. I know a couple of the users are no longer active there, but if you see this and think "Hey, he ripped me off!", you're right, and thanks for allowing me to rip you off!

A couple other tips that I've come across for home recording:
You need to manage your gain/levels when recording. Digital is NOT analog! What does this mean? You should be PEAKING (the loudest the signal gets) around -12dB to -15dB on your meters. Any hotter than that and you are overdriving your digital signal processors.
What sound level should my master bus be at for Youtube?
Bass Traps 101
Sound Proofing 101
submitted by M3lllvar to drums [link] [comments]

03-27 13:34 - 'AiOption (AiOption) receives tens of millions of dollars in financing to help the blockchain empower the financial industry' (self.Bitcoin) by /u/jackzhang0 removed from /r/Bitcoin within 3-13min

'''
In 2020, due to the dual impact of the coronary pneumonia epidemic and the plunge of US oil stocks, the economic situation in the Asia-Pacific region is very grim. Within a week, U.S. stocks melted twice, and crypto digital assets such as Bitcoin plummeted. This seems to indicate that the direction of global financial markets in 2020 will be extremely unstable. In this situation, traditional financial investment methods are not the most valuable means of financial management. AiOption Blockchain Binary Options Platform provides a new direction for financial investment, predicting the rise and fall of encrypted digital assets such as Bitcoin in a fixed period of time to obtain income.
Recently, AiOption, a professional blockchain binary options platform, announced that it has received tens of millions of dollars in financing. This round of financing was led by the Japanese consortium and the Thai royal family. This round of financing is an important milestone in the continuous increase of market competitiveness. At the same time, AiOption has become the largest platform in China to provide blockchain binary options transactions.

[link]1
This round of financing will help the platform to further strengthen the innovation and research and development of original key core technologies, consolidate the company's leading edge in the binary options industry of the blockchain, and help the company continue to expand more application scenarios and accelerate the blockchain's empowerment of the financial industry. In order to further improve the product experience, we will also introduce local special versions based on user habits in different countries and regions. As soon as it entered the promotion in the Asia-Pacific region in 2020, there were more than 100,000 registered users in the first week, achieving very good results. The platform will also launch more promotion activities in combination with local characteristics. The top investment groups such as the Thai Royal Family and the Japanese Consortium gave AiOption a high rating. It is indeed a black technology star product known as Israeli fintech innovation.
AiOption (AiOption) is a professional crypto asset options trading platform with a solid foundation of blockchain technology. It has achieved significant R & D results in distributed network and blockchain security. It has worked closely with more than 8 countries to provide a very simple way to predict the price fluctuations of encrypted digital assets such as Bitcoin and Ethereum. The platform collects price data of multiple trading symbols from multiple selected trusted data sources (such as Binance, coinbase, bittrex, huobi, and some other well-known global exchanges) to merge together, and uses intelligent algorithms to identify and Filter abnormal price data and calculate the final price index for a single coin. Use more innovative and fair ways for players to predict the price of crypto digital assets such as Bitcoin and Ethereum.

[link]2
Safe, efficient, and high-performance systems
AiOption has top risk control, anti-fraud and segregated witness technologies, comprehensively formulates a security policy system, multi-level risk identification control, and multiple security defense methods. The high-frequency transaction matching engine steadily supports large amounts of data, high performance, and high concurrency. It adopts a distributed architecture, and the market and deep data come online at a fast speed. The front-end adopts a firewall anti-attack mechanism and the back-end adopts a hidden and discrete deployment.
AiOption's binary options trading system is equipped with flexible and convenient trading modes and an extremely secure system to ensure the safety of user assets.
Fair and simple, simple and convenient transaction model
On a general options platform, the bet price is real-time Bitcoin price and can be easily manipulated by the platform. When the player wagers the Bitcoin price on the platform, the wager price is the initial Bitcoin price for each round of the game, and manipulation is not allowed! Ensure fair and fair transactions, convenient user transactions, and easy to master gameplay.
  1. The operation is simple. You only need to judge the rise and fall of encrypted digital assets after 90 seconds.
  2. The rate of return is fast, and the single-round profit can be settled in 90 seconds.
  3. Transaction time is unlimited, 90 seconds matching, non-stop trading 7 days and 24 hours.
  4. There is no handling fee, and no dealer control disk.
At the same time, the platform has a unique function of depositing money and managing money. By depositing a certain amount of USDT, excellent players and excellent teams can obtain fixed high returns, with a maximum return of four times!
For many years, AIoption has always adhered to the concept of blockchain technology to empower the financial industry, and has concentrated on polishing products and application scenarios. The top-level blockchain team has achieved certain results in the blockchain and financial fields.
Through this financing, we will continue to focus on the development of blockchain technology and continue to develop in the large field of blockchain binary options services. AiOption's vision is to promote the development of blockchain binary options services, provide customers with better services, and continue to maintain its leading position in the domestic blockchain binary options industry.
'''
AiOption (AiOption) receives tens of millions of dollars in financing to help the blockchain empower the financial industry
Go1dfish undelete link
unreddit undelete link
Author: jackzhang0
1: pr*vi*w.redd.i*/0*i**tuut7p41.png*w***h=6*8&*mp;for*at*png&****=web*&*s*9387b*0a4b5b1*b8*165*517*9*5*bdb*a5e1a*b 2: preview.redd.it*vgy*zpd4u*p41*pn***i**h=769&format=pn*&am*;***o=w*bp&***;s=b69***7339239*967622***bccea*c5*07b*55**
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

How many friends do you actually need & why you wasted money on MC businesses

Yes you did Brett, yes you did.
The spreasheet. Separate screenshots of it are included below along with the explainations.
TL;DR: Except CEO Import/Export of cars, only the bunker is worth it. Sell it only when it's at 50%, source and sell cars between deliveries. You need 1 parter in crime, no more no less (otherwise you lose money).

Introduction

So, i've had the experience of playing with friends, everyone is running businesses (I/E, various MC stuff, bunker etc.) and we spend our grinding time going from one business to the other. Discussions are usually :
Player 1 : "Hey guys, i have 3 cars to sell" Player 2 : "Ok but then help me with my cocain delivery, it's not full but i need money" Player 3 : "I have a full stock of weapons to sell afterwards" Player 2 : "I will have to go by then, i can't help you, there will only be the two of you" Player 1 : "If he doesnt come we can't do it, I prefer to source cars for import/export"
And you go to each other business, lending eachother a hand trying to do it evenly so no one gets screwed. You improvise, but you lose money by being ineffective.
I decided to gather data from previous work I've seen here, but taking into account the "cycle" of doing all your stuff, helping your friends, selling your product from MC between the cooldowns of your import export.

The initial facts about revenue

I didn't do much except gather what had been done already, and remove the fluff that we don't care about. Some intermediary calculations are missing, so just take my word for it (or don't).
Three things to note before we go in.
1)On some occasions I had to plug estimates of "time to source a car", or "time to accomplish MC product sale". Estimations are my own and are signaled by being in blue cells. I think they are ok, if you don't than change them. It will change the profit approximations, but it shouldn't change the overall findings (which is the main take-away of this post tbh). 2) I ignored utility costs. Not because they are not significant, but because they are annoying to compute. They might be added in future version but I don't think I will honestly. 3) I assume all supplies are bought. If you don't buy them then do it (why is that isn't explained here). Oh and you always sell in Los Santos, not locally. This could be added in future versions since it changes both the time it takes and the profit it yields, though i don't think it'd change the conclusions.
Spreadsheet screenshot
Nothing new to see, I just expect some damage to the cars (especially due to NPCs in solo sessions).

The time factor

Teaming up to reduce mission duration ?
This is where it gets interesting and not just re-doing the same calulations that have been done a thousand times by others.
If you sell a stock that's 25% full alone, you can manage. If you go for 50%, you can still probably do it but it will take longer (going back getting the other vehicule etc.). How long does it take to sell the stock given the percentage of stock you sell and how many players are doing the job ?
Speadsheet screenshot 2 Time is expressed in hours (0,12 hours = 10 minutes). If you have to go back for a vehicule, i assumed 5 minutes of "going back" travel time before you have to do the mission again (and if it's the post van you're out of luck). Most missions have a 30 minute limit, so when the time reaches above 0,5 hours, I assume it's impossible. For the rest of the calculations, I assume you won't sell a full 100% stock alone.
How to interpret this : try to sell 25% of stock per player participating. If you're 3 go for 75% (or go for 100% but hope you don't have 4 vehicules to deliver..)
How busy will you be ? MC
Given the matrix above, I decided to extrapolate for each type of business (that have different duration to be filled up). If you decide to sell at 25% of stock, you will sell 4 times more frequently than someone who has 3 friends helping him. But he will have to help his own friends too, so what's the sweet spot ?
Brace yourselves, Spreadsheet screenshot 3
It might look complicated but it's not. As explained in the screenshot, these are the number of hours you will spend selling product per hour of gameplay, given the % of stock you want to sell at (to avoid longer missions). I assume you learned from the previous part and won't attempt to sell a full stock alone. There "impossible" options are greyed out but still here for curiosity. As with everything else, I assume you help your friends as much as they help you. That's why it's stupid to be 4 and sell only at 25% for all of you, because well most of you will be useless, but also you all have to sell very very often (88% of your time will be spent selling stuff, this is the most extreme case with the document forgery business).
Of course, the longer it takes to fill up the less frequently you have to go sell, and thus the less time you will spend selling product on average per hour of gameplay. You will notice that in a vacuum without CEO Import/Export of cars, it doesnt matter how many you are in your group as long as you sell a percentage of stock that is proportional to the size of your group. 1 = 25%, 2=50% etc. From a profit perspective, it doesnt matter (yet), but from a time perspective, it's the sweet spot.
How free will you be ? I/E
Spreadsheet screenshot 4
This one is much simpler. I assume that everyone in the group sources car on his own and that everyone helps other sell cars. You only sell what you souce (no previous inventory). You only sell top-range cars. A "cycle" refers to sourcing+selling. Negative free time means that your cooldown export cars will be over before you are done sourcing your cars and helping your friend sell their cars too. You can already see the money going away with such inefficiency. Don't bother with the "overlap metric" it's a fancy way I make my further calculations easier.

Time is money

You will notice that I said that between sourcing and selling is "free" time, while MC sales make you "busy". From the first screenshot (and our experiences) it's obvious that cars give a much better profit/hour than MC businesses. Of course, MC businesses generate passive money (semi-passive, you still have to stop I/E to sell product), but it's really not comparable. The absolute priority is cars import/export.
Putting everything together is simple in the spreadsheet, but the underlying concepts are a bit more complex. The time you spend selling MC product is time not spent sourcing or selling cars. If you go for big deliveries, you need friends to help you, but you also need to help these friends sell their stuff AND their cars. Again, there is a sweet spot.
For the sake of it, I imagined someone who had all the businesses. It would look like this. Spreasheet screenshot 5 Two people is the right size for a group, as you will benefit from less frequent MC sales, bigger car exports, while not having to go around 4 different businesses at each cycle.
Now, I ran tests (using excel solver add-in)to make it faster. For every group size I tried to maximize profit, changing the mix of businesses that you could own. Every single time, the solver told me to keep the bunker but stop all the rest (even ditching the most profitable ones like cocaine business). If you download the spreasheet and get the solver (or try by hand it's only binaries to change anyway), you can try for yourself. There is no better mix of business than bunker only.
As comparison : Cocaine & bunker : Speadsheet screenshot 6 Bunker only : Spreadsheet screenshot 7
No single combination of businesses is better than just the bunker.

Conclusion

Cars import export is way too lucrative to waste your time selling other stuff. The only reason the bunker is still in is because it takes a very long time to fill up and that the value is great compared to the number of people needed to sell it. A group of 2 is the most efficient, since you get safe and quicker product sales, double the amount of cars without doubling the cooldown between exports, and you don't run around too much working for businesses that aren't yours
The main limiation of these calulations is that I assume a pure-grind playtime which isn't really realistic . If you do other stuff on the side, I/E won't be making you money while MC businesses will still generate some cash.In such case it might be worth it to keep them running. This could be a future development of the speadsheet I see. However, if you still haven't invested in them, it might be good to avoid them given the important investment fully upgraded MC business are and the awful long time they take to break-even
If you see improvements to make or if something is clearly incorrect, pm me i might fix it and edit this.
Sources for amounts, time to make full stocks, supplies used per hours or any other game data. https://www.reddit.com/gtaonline/comments/55vwyl/bikers_work_challenges_contracts_and_business https://www.reddit.com/gtaonline/comments/5mhp1c/mc_business_supply_usage_and_production_afte https://www.reddit.com/gtaonline/comments/6hhct4/gunrunning_business_guide_and_notes/
thanks ErregungHaus
submitted by faare to gtaonline [link] [comments]

WELCOME TO World Bank Token Official Chanel.

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Advantages of Binary Options

Binary options, digital options or all or nothing options are a relatively new type of investment instrument which is available for traders from mid-2008. Also known as fixed return options (ORF), have gained increasing popularity due to the relative simplicity of its operation, even for those traders with little or no previous experience in the market. These options are classified as exotic options, since although its operation is simple, the calculations behind the pricing are complex.
Besides this, binary options trading is based on a variety of underlying instruments such as currency pairs, stock indices, stocks, commodities and others. In this way the trader can covers several markets with a single financial derivative.
With this type of option the trader does not transacting directly with the underlying instruments, only speculate on the price of these, ie to predict whether it will go up or down. Therefore there are only two possible outcomes (hence the name), is that the price ends above or below the entry price after the expiry of the period of the option.
Thus, if the trader predicted that the price will go up and end of the option period in fact the case (even for 1 cent), it is said that the option ends "In The Money", which means that operation was winning. When this occurs, the trader gets a fixed gain which depends on the underlying asset and the period of contract and can be from 70% to 85% of the amount invested. For example, if I invest $ 1000 in a binary option and the final success in my prediction and the option ends "In The Money", my profit will be $ 700 to $ 850.
If the trader is wrong in his prediction of the market, it is said that the option is "Out The Money" and thus lose the amount invested, but depending on the broker he can recover an amount of 10% to 15%.
In most cases, Recover money lost to binary options have a duration of 1 hour, however there are also options of 1 day, 1 week and 1 month.
Advantages of trading with binary options
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Old Fortune article on Jeffrey Gundlach. It’s a fun read.

Firing the $70 billion man: Full version
By Mina Kimes, writerMarch 10, 2010: 10:10 AM ET NEW YORK (Fortune) -- On November 19, 2009 Jeffrey Gundlach was named a finalist for Morningstar's award for bond fund manager of the decade. For Gundlach, the nomination recognized 10 years of stellar results, exceeding even the returns of the legendary king of bonds, Bill Gross.
Two weeks later Gundlach was confronted, fired, and then pursued on foot out of a Los Angeles skyscraper by two lawyers working for TCW, the money management firm with $110 billion in assets where Gundlach had worked for 24 years.
Not only did TCW oust Gundlach, but the firm also announced that it was acquiring an entire company -- crosstown rival Metropolitan West Asset Management -- to replace him. That in turn set off a wave of defections from TCW, as 45 of the 60 staffers who had worked for Gundlach streamed out the door to join him at a new firm that he had opened within days of leaving.
Then things really turned nasty. TCW filed an incendiary lawsuit in January accusing Gundlach of conspiring with confederates at TCW to steal proprietary information as part of a long-running plot to form their own competing firm. The suit added a salacious twist of the knife, perfectly calibrated for maximum media interest -- Gundlach had allegedly stashed a trove of illicit material in his office: 70 pornographic magazines and videos, 12 "sexual devices," and several bags of marijuana.
Gundlach has countered with his own lawsuit. He charges TCW and its owner, the French bank Société Générale, with pushing him out so that they can get their hands on his lucrative fees. In addition to his mutual funds, Gundlach had managed what were effectively two hedge funds for TCW, each of which commanded the amped-up fees typical of those vehicles. Gundlach calculates that he would have personally reaped $600 million to $1.2 billion over the next few years.
What in the name of Peter Lynch is going on here? Sure, we've come to expect shenanigans from Wall Street. But even if the mutual fund world hasn't been exactly pristine (remember the market-timing scandals a few years ago?), more often than not its managers and executives have been well-behaved schoolboys compared with the leather-clad (in spirit, anyway) rock stars among the investment bankers and hedge funders.
But unlike most mutual fund companies, TCW has always aspired to a Wall Street culture. In particular, it cultivated a star system. The company grew by importing ambitious money managers and granting them autonomy. They could invest as they liked; TCW would handle sales and marketing. The two sides would then split the fees, with each manager cutting an individual deal. The result could be huge rewards for managers -- Gundlach made $134 million over the past five years -- but some came to view themselves essentially as sole proprietors.
TCW seemed content with the arrangement and did little to tie its managers' fates to the company as a whole. Few of them, for example, received significant stakes in TCW. That bred frustration in multiple generations of standout performers, who viewed corporate executives (some of whom did receive ownership shares) as getting rich off their toil.
So it went for Gundlach, a bona fide investing star who, by the end, oversaw about 70% of TCW's assets, some $70 billion, putting him in charge of one of the biggest pots of money in the country. Gundlach didn't just generate steady returns; he avoided the blowup of the century. A specialist in mortgage-backed securities, he publicly warned in 2007 that "the subprime mortgage market is a total, unmitigated disaster, and it's going to get worse." He invested accordingly, not only delivering positive returns in the blighted year of 2008 but also earning himself a growing role as a media sage. His ego grew along with it.
There are few people like Jeffrey Gundlach in the mutual fund world -- or in any world. A former rock-and-roll drummer, Gundlach, 50, is a math whiz (but not a quant). He views everything in binary terms: Either you perform to his standards or you don't, and he won't hesitate to let you know which category you fall into. Nor is he shy in articulating his view of himself. "I was by far the biggest revenue generator at TCW, by far the biggest performer," he says. "I created $4 billion in value for clients in '09. If telling you that is self-promotion, so be it. It's just a fact."
With Gundlach, it's hard to tell which is largest: his brain, his self-regard -- or his resentment of TCW. He claims that his recent firing was actually the third time the company tried to get rid of him. "All three of them were an attempt to just steal the economics," Gundlach contends. "And this time they did it. Except they didn't steal the economics. They blew it up. They blew it up. They tried to steal the economics, but they didn't understand. They never understood."
TCW customers, meanwhile, have been watching the blood feud in disbelief. Investors have fled, with assets shrinking $25 billion since Gundlach was fired. For those who have remained, it seems that their patience is limited. "I'm aware of the investment prowess of both [Gundlach and the new TCW team]," says Mansco Perry III, CIO of the Maryland State Retirement and Pension System, which has $50 million invested in TCW. "But right now I don't believe they're acting in the best interest of their clients."
frey Gundlach is the sort of boss who inspires sharply divided opinion. He fostered loyalty among the members of his60-person team at TCW, handing out generous bonuses to his group. He also openly mocked the company's other divisions, especially its stock team.
Many outside Gundlach's orbit viewed him as an ill-tempered bully. He subjected subordinates to withering cross examinations and relished pointing out errors. Some in TCW's New York offices celebrated his dethroning by posting printouts of his scathing e-mails in the halls.
By contrast, loyalists valued his directness. Some would preserve his occasional written compliments as treasured mementos. "You don't have to guess where you stand with him," says Bonnie Baha, a portfolio manager who followed Gundlach to his new firm, called DoubleLine.
An interview with Jeffrey Gundlach is less like conversation than like listening to a manic stream-of-consciousness monologue. Consider Gundlach's description of his aborted stint in a math Ph.D. program at Yale (after getting an undergraduate degree in the same subject at Dartmouth): "It was a four-year Ph.D. deal. And they gave me a full scholarship, and it was very hard to get into. There were only seven people accepted, and they had hundreds of applicants. And one of the guys, he was Korean, he had come in via Toronto. I was the only American left. The other American had flunked out. There was a Chinese guy who had polio. That guy was smart. That guy was something else. He had crutches. He had horrible dandruff. He never took a shower, but he was one smart motherf----r, let me tell you. That guy is probably the smartest guy I ever met in my life. And he was my friend. I was the only guy he would be friends with, and there was this other guy, this Korean guy out of Korea, out of Toronto, and I didn't like him very much, and I was walking down the street, and there he was. It was like, 'Hey, Jeff!' They called me Jeff in the day. 'Hey!' You know, good to see you. I was Ike -- I had this really heebie-jeebie feeling, and he goes, 'Let's go to the bookstore and get our books.' And I was like, 'Uh, I don't know.' And he was like, 'What do you mean?' I said, 'Uh, I don't know.' And it hit me right then. I said, 'I'm not going back. I'm not doing it. I can't do it. This is pointless.' "
Gundlach's mind combines that feverish quality with a near-total recall of endless minutiae. But somehow, when it comes to investing, he's able to process huge quantities of details and extract a big-picture message. The result has been superb performance: His flagship $12 billion TCW Total Return Bond Fund returned nearly 8% annually over the past decade. Those results beat 99% of competitors, and his nonpublic funds have done even better.
For all Gundlach's prowess with numbers, it was anything but obvious that he'd go into finance. He grew up outside Buffalo in a family of modest means. Their only savings, he says, consisted of some Xerox stock, courtesy of their uncle, Robert Gundlach, the inventor of the modern photocopier. "We owned Xerox, and it went way, way up, and for the first time it actually felt like we had a little money. And then it crashed," Gundlach says. He was 12 or 13 at the time. "It was my first experience with a bear market, and I remember it really well. The rallies are pennies, and the selloffs are dollars, and that's always the way bear markets behave."
In his mid-twenties Gundlach played drums in a variety of rock bands that performed in L.A. clubs but never made the big time. Meanwhile he was holding down a dreary day job in the actuarial department at Transamerica. One night in 1985 he was watching an episode of "Lifestyles of the Rich and Famous," that described the most lucrative careers. Gundlach decided he would, as he told one interviewer, "figure out my life."
The program identified investment banking as the richest occupation. Gundlach didn't know what investment bankers did, but he contacted 23 firms. Impressed by his math credentials, TCW invited him in and offered him a $30,000-a-year job as a research assistant in the firm's bond department. (This despite the fact that, according to Gundlach, he didn't even know what a bond was at the time.)
Gundlach was thrilled. He loved wearing a suit and tie to TCW's elegant offices. He became fascinated by bonds. "I felt like I was in the middle of something that was important and exciting," he says. "I loved it! When I would walk into a meeting and be able to say, 'I'm from TCW and here's my business card,' I was proud."
As a young analyst, Gundlach zeroed in on the mortgage market. By age 27, he says, he had developed a reputation in his niche as a "young hotshot." After four years at TCW, he was promoted to co-chair of a new division -- mortgage Bonds -- and then made a managing director in 1991. "That doesn't happen," he says. "You don't go from a trainee to managing director in seven years. I was running the most important department at the firm, but the firm didn't like the fact that I was growing so much." Gundlach is getting ahead of the story, but it appears he would later be right.
When Gundlach arrived -- and still to a large extent today -- TCW seemed like a museum version of a Wall Street firm. Even in ultra-casual Southern California, for example, the firm had a suit-and-tie dress code. Gracious meals were served in its white-linen dining room.
TCW was founded in 1971 as Trust Co. of the West by Robert Day, who inherited millions as the heir to the Superior Oil fortune and hobnobbed with the Martha's Vineyard elite. Day was a hard-nosed boss who used to smack errant employees on the head with his cigar, Gundlach says. (Day says he doesn't remember doing so.) In those days 80% of TCW's assets were in stocks, the rest in bonds. By the end of Gundlach's tenure, the ratio would almost flip.
Day built the firm by luring in Wall Street talent. One prominent star, who joined in 1985, was Howard Marks, a junk bond manager who came over from Citicorp. Marks thrived, accumulating $7 billion in assets, about 15% of TCW's total at the time. But he grew increasingly dissatisfied with having to fork over half his fees to TCW. And he resented the fact that TCW would give him no more than a nominal stake in the company. In 1995 he announced that he was leaving and taking his team with him.
Marks' departure was a less lurid, but still bitter, harbinger of what would occur with Gundlach almost 15 years later. Day sent a furious letter to clients blasting Marks' exit as "disloyal at the very least," according to press accounts at the time. TCW then quickly replaced Marks' team by purchasing Crescent Capital, a small high yield bond firm in West Los Angeles.
The equity issue took on new importance when TCW decided to sell itself. In 2001, Société Générale bought 51% of TCW for $880 million. The deal, former employees say, meant lucrative paydays for a cadre of executives, including the founders of Crescent, who had received large chunks of the company. Some longtime TCW employees were embittered by the newcomers' windfall.
Management tried to mend the problems that led to Marks' departure, but the lack of equity for many managers remained a sore point. SocGen announced it would escalate its ownership to 70% and leave 30% for TCW employees. But that 30% turned out to consist of SocGen stock options rather than TCW shares. By 2007 the French bank owned 100% of the company.
Meanwhile Gundlach was accruing more and more influence and renown. In 2005 he was promoted to chief investment officer of TCW. And he was named Morningstar fund manager of the year in 2006. His decision to pull his mutual funds out of riskier debt and his accurate forecast of a looming recession brought him favorable publicity and a steady presence in the press. (Another division of TCW, also under Gundlach's umbrella but not his main focus, was a giant issuer of CDOs, many of which imploded.)
It was Gundlach's time. His reputation was growing, and bonds were beginning to enjoy their moment in the sun. The result: Investments in his funds swelled. So, too, did his ego, according to former co-workers. "He started to think of himself as a god," says one who worked with Gundlach during that period.
Gundlach remained mostly satisfied until January 2009, when SocGen announced that it intended to take TCW public in five years. The uncertainty, he says, made it harder to drum up new business. And he grew even more vexed a few months later when he was passed over for the job of TCW's new CEO. Instead, the position went to the company's former president Marc Stern, who came out of retirement to assume the position.
Gundlach was infuriated by Stern's return. He was offered the job of president but turned it down. Always outspoken, Gundlach grew openly critical of TCW's management, even deriding executives while they sat a few feet away in the company dining room.
Rumors began to circulate that Gundlach would be fired. By the summer of 2009, he says, it had become difficult to work under that stress, as well as to face TCW's uncertain future. In September, Gundlach met with Stern and offered to purchase the firm at a valuation of $700 million. TCW says Stern passed the offer onto SocGen, which rejected it.
TCW and Gundlach disagree about exactly what was said at the meeting. What's clear is that Gundlach at least broached the possibility of taking his team and leaving. TCW interpreted the statement as a threat and prepared for combat: The company hired investigators to look into the affairs of Gundlach and his closest lieutenants, tapping their office phones and monitoring their e-mails. At the same time they initiated clandestine talks with MetWest, the $30 billion bond house that would eventually replace Gundlach's team.
Gundlach was preparing too. He and his "co- conspirators" began e-mailing one another in September about their plot to steal information, according to TCW's complaint. The suit alleges that the group referred to Gundlach as "the Pope" and "the Godfather" and swiped 9 million pages' worth of client contacts, trade tickets, and software routines used to process the complex data that go into analyzing mortgages. They retained a realtor to find an office space with 50 trading desks.
Gundlach acknowledges that his team looked at commercial real estate. It made him feel better, he says, to be making plans when he knew he was going to be fired. "I felt powerless," he says. He insists, however, that he had no knowledge of the downloading, his e-mails prove otherwise. Gundlach says he hired a third party to expunge his employees' computers of TCW data and returned all their hardware to the company.
The crescendo of rumors -- of his ouster, of a sale -- was wearing on Gundlach. Still, he had no inkling of what was in store for him on Dec. 4, 2009. At 1 p.m. that day, when the markets closed on the East Coast, he was summoned to the 17th floor of TCW's headquarters. Michael Cahill, the company's general counsel, was waiting for him in a conference room with John Quinn, one of Los Angeles' top litigators.
Cahill told Gundlach that TCW was putting him on administrative leave. Gundlach argued that the move would cause a disastrous customer exodus unless they negotiated a settlement that resolved various fee and management issues. The lawyers asked him to read a draft of the complaint TCW was planning to file against him. When Quinn tried to place the papers in his hands, Gundlach got angry.
He stormed out of the room and began walking down the stairs. Quinn and Cahill trailed him, thinking he was headed for the trading floor one level down, but Gundlach kept going. It was a surreal procession, says Quinn; they marched down 17 stories in total silence. The lawyers followed Gundlach out of the building and onto the street until Gundlach finally turned around and told them he wasn't planning on stopping anytime soon.
While all this was happening, chaos had erupted on TCW's trading floor. CEO Stern sent out a companywide e-mail announcing Gundlach's termination and the acquisition of MetWest. Then Stern appeared to reiterate the news in person. Analysts watched in shock as a team of private detectives and attorneys descended. Gundlach's suspected conspirators were herded into offices and conference rooms, where the investigators interrogated them and seized laptops and records. Some company-owned BlackBerrys went dark without warning. Nervous employees scurried around the floor, trying to figure out who had been terminated. By the end of the day, the tally was five.
TCW proved inept in its efforts to stanch the turmoil caused by Gundlach's departure. On the rainy Monday morning after he was fired, TCW employees gathered in conference rooms for a companywide conference call. CEO Stern told his troops that the downpour was a sign of renewal, and that TCW would emerge as "a firm that has respect for everyone within the firm."
But Day, TCW's founder and chairman, was less temperate in his remarks. He told the employees that he had been through this before -- i.e., with Marks -- and that there was no other choice. "It sort of reminds me a bit of General Washington crossing the Delaware," he said. "The general was in the back of the boat. It would be like a soldier getting up, trying to rock the boat, expecting to sink the boat. His choices are very simple. You shoot the soldier. You throw him off the boat."
After a pause, nervous laughter emanated over the speakers. Some of Gundlach's former colleagues were horrified. A few started crying. Others walked out. "Whatever people may say about [Gundlach], here's a guy that has been working for his company for over 20 years and has made a lot of money for investors," says Luz Padilla, a fund manager at the company. "After that call, I was just incensed."
Padilla hadn't been set on leaving TCW, she says, until she realized the current imbroglio bore an uncanny resemblance to the Howard Marks controversy -- a talented manager leaves after a fight over money, and a new team takes control. "It was a different set of players," she says, "but almost the same movie." There was also the fear that the arrival of the MetWest group would make the current bond team redundant. Dozens more followed Padilla out.
Then came the surge of customer defections. By late February TCW's assets had dropped by some $25 billion. The most prominent deserter was the U.S. Treasury, which pulled out of the $4.1 billion Public Private Investment Fund it had started with Gundlach.
Less than two weeks after he was fired, Gundlach announced that his new firm, DoubleLine, was partnering with a respected L.A. money manager: none other than Howard Marks. The onetime TCW star has thrived on his own, building a firm called Oaktree Capital with $70 billion in assets. Marks is buying 22% of DoubleLine and in exchange will provide the administrative backbone for Gundlach's new operation. Needless to say, an alliance between two of its former stars is also a not-so-subtle poke in the eye to TCW.
After weeks of relative silence, TCW struck back. On Jan. 7 the company filed its explosive complaint. It emphasized the alleged plot to steal information. It also tarred Gundlach personally, referring to the pornography, sexual devices, and marijuana retrieved from his office. TCW justified the inclusion of the prurient material in the suit under the whisper- thin pretext that it constituted a breach of company policy. Asked about the contents of his office, Gundlach offers only the mildest of quibbles: "Not all of the items are mine." In a letter to investors, he noted, "I had every expectation of privacy in these spaces, which stored vestiges of closed chapters of my life."
On a recent Thursday afternoon, Marc Stern sits in one of TCW's dining rooms with Jacques Ripoll, the head of SocGen's asset management division. The two couldn't look more different. Stern, 65, is barrel-chested with white hair and a loud, raspy laugh. Ripoll, 43, has a slick, dark coiffure and a heavy French accent. As Stern talks about growing up on a vegetable farm in New Jersey, one can't help but notice that his story resembles Gundlach's. Both were gifted kids who came from working-class families, and both share a love of art (Gundlach has an extensive collection of contemporary paintings; Stern is the chairman of the L.A. Opera, a passion he developed while riding on his father's tractor and listening to opera on the radio).
Despite the controversy, Stern insists that TCW is better positioned than ever, and its new team, he pointedly adds, is "delighted to be here." Stern predicts that TCW will double its assets in three years. He stresses the importance of having "mechanisms where people share information and are willing to help each other." While not specifically naming Gundlach, the message is clear: The star manager didn't play well with others. TCW's new head of fixed income is MetWest founder Tad Rivelle, a self-effacing, professorial type -- the anti- Gundlach -- and no slouch as a manager. His Total Return bond fund has beaten 94% of its peers over the past decade.
"TCW is ready for growth," Ripoll says. "To be transparent -- this was not possible before." And what of Gundlach's long-desired equity stake? TCW is giving shares to the new team from MetWest (as it did with the Crescent group) but is less definite about handing it to others. "When you have a company like TCW, it is very important that you have equity held by the employees," Ripoll says. "That is what we are putting in place."
TCW's basic business model -- a collection of autonomous managers -- seems unlikely to change. In a separate interview, the founder and chairman defends the approach. "I started the company with $2 million, and it has $115 billion today," says Day. "The formula that has worked for 40 years is going to continue to work." (Day also insists Gundlach really didn't care about an equity stake; when given the choice, he always opted for more fees.)
Gundlach, meanwhile, is still setting up shop. He has been through a lot of late. He showed up at meetings in January with a black eye and cuts on his face, which he says came from tripping and colliding with his desk at home. On Feb. 1, his wife of more than 20 years, Nancy, filed for divorce. And Bill Gross was named fixed-income fund manager of the decade; Gundlach thinks he would have taken the prize if he hadn't been fired. That said, Morningstar clearly still views him as legitimate: The organization invited Gundlach to deliver the keynote address at its annual investors conference this summer.
DoubleLine has registered three mutual funds with the SEC, and it expects $10 billion in new accounts this spring. Gundlach says the most gratifying thing about the firing and its aftermath is that 45 people followed him from TCW -- proof, he says, that he isn't such a difficult guy to work with. As Gundlach walks through his new firm's offices, he looks happy. To reign there, it seems, is better than to serve at TCW. To top of page
First Published: March 10, 2010: 4:46 AM ET
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