Investment restrictions as a Big Law Associate Forum

[Hipster but Athletic]

Where would you rank drunken love in terms of all Beyoncé songs ever?

[sashafierce]

But that's because I work in the field,for people outside the field learning about Beta, risk premiums and off balance sheet transactions might be a bit of a hassle.

Learning a bit about "beta" from this post.

Lucky you...I've been focusng on the LSAT so much lately that I sometimes forget what beta means

[sashafierce]

Where would you rank drunken love in terms of all Beyoncé songs ever?

WTF

Because my username is sashafierce and I have a pic of Beyonce in my profile you assume that I know ALL of Beyonce's songs

Dude, its 10:32pm where I live and an RC passage just f#%ked me in the ass, I don't have time for this

[Danger Zone]

I have to ask... what's your favorite Tyler Perry movie?

[sashafierce]

I have to ask... what's your favorite Tyler Perry movie?

The one about a racist guy making racist assumptions about someone he never met. You should watch it

[sashafierce]

@Moderator--->Please lock this thread

[IAFG]

@Moderator--->Please lock this thread

in my, what, 6 years of TLSing, i don't think i've ever seen a thread locked this way. the mods are trollier than you think.

[daryldixon]

I am just a 0L

Then this is a dumb question.

[n1o2c3a4c5h6e7t]

By permissible index funds, we are referring to something like SPY, right? Won't a collection of stocks like that most likely comprise some companies on the DNT list?

[Danger Zone]

By permissible index funds, we are referring to something like SPY, right? Won't a collection of stocks like that most likely comprise some companies on the DNT list?

Yes, but it's fine because it's a pre-packaged fund, not just buying the individual stock.

[daryldixon]

By permissible index funds, we are referring to something like SPY, right? Won't a collection of stocks like that most likely comprise some companies on the DNT list?

The restriction is "you" actively making the investments in individual companies. Index funds are presumptively okay because they are spread out over many companies and you have no control over the trading decisions.

[Hipster but Athletic]

Where would you rank drunken love in terms of all Beyoncé songs ever?

WTF

Because my username is sashafierce and I have a pic of Beyonce in my profile you assume that I know ALL of Beyonce's songs

Dude, its 10:32pm where I live and an RC passage just f#%ked me in the ass, I don't have time for this

Oh sweet, a decent troll feels the need to expose himself way too early

[presh]

@Moderator--->Please lock this thread

That's not how TLS works.

Also, you're seriously offended someone would think you're a big enough fan to know all of beyonce's songs when your username is her alter-ego? Get a grip.

[sashafierce]

Where would you rank drunken love in terms of all Beyoncé songs ever?

WTF

Because my username is sashafierce and I have a pic of Beyonce in my profile you assume that I know ALL of Beyonce's songs

Dude, its 10:32pm where I live and an RC passage just f#%ked me in the ass, I don't have time for this

Oh sweet, a decent troll feels the need to expose himself way too early

Me? A troll? I've never been called that before

[A. Nony Mouse]

@Moderator--->Please lock this thread

Yeah, no.

[n1o2c3a4c5h6e7t]

By permissible index funds, we are referring to something like SPY, right? Won't a collection of stocks like that most likely comprise some companies on the DNT list?

The restriction is "you" actively making the investments in individual companies. Index funds are presumptively okay because they are spread out over many companies and you have no control over the trading decisions.

This doesn't really seem that restrictive to me, but that's because my investments in equities are almost all in index funds with a long-term focus. To those who do find it restrictive: do you miss options? Day trading?

If you want 0/5/10/15% of your portfolio to be AAPL, e.g., you can probably find an index fund that has that exact makeup. If you have time to research options and short-term trades, you could surely research index fund compositions (easier). I'm curious why BL associates feel that the "very restrictive" label applies to this situation when the index fund loophole is such a substantially mitigating factor.

[patogordo]

By permissible index funds, we are referring to something like SPY, right? Won't a collection of stocks like that most likely comprise some companies on the DNT list?

The restriction is "you" actively making the investments in individual companies. Index funds are presumptively okay because they are spread out over many companies and you have no control over the trading decisions.

This doesn't really seem that restrictive to me, but that's because my investments in equities are almost all in index funds with a long-term focus. To those who do find it restrictive: do you miss options? Day trading?

If you want 0/5/10/15% of your portfolio to be AAPL, e.g., you can probably find an index fund that has that exact makeup. If you have time to research options and short-term trades, you could surely research index fund compositions (easier). I'm curious why BL associates feel that the "very restrictive" label applies to this situation when the index fund loophole is such a substantially mitigating factor.

the whole point is to not get investigated by the SEC. the rule is you can't trade on undisclosed material information. your firm, playing it safe, gives you a list of stocks you can't trade. theoretically, you could run afoul of that rule by trading index funds in some hyperspecific way like you're describing. so it's still restrictive. but why the fuck would you do any of that?

[n1o2c3a4c5h6e7t]

By permissible index funds, we are referring to something like SPY, right? Won't a collection of stocks like that most likely comprise some companies on the DNT list?

The restriction is "you" actively making the investments in individual companies. Index funds are presumptively okay because they are spread out over many companies and you have no control over the trading decisions.

This doesn't really seem that restrictive to me, but that's because my investments in equities are almost all in index funds with a long-term focus. To those who do find it restrictive: do you miss options? Day trading?

If you want 0/5/10/15% of your portfolio to be AAPL, e.g., you can probably find an index fund that has that exact makeup. If you have time to research options and short-term trades, you could surely research index fund compositions (easier). I'm curious why BL associates feel that the "very restrictive" label applies to this situation when the index fund loophole is such a substantially mitigating factor.

the whole point is to not get investigated by the SEC. the rule is you can't trade on undisclosed material information. your firm, playing it safe, gives you a list of stocks you can't trade. theoretically, you could run afoul of that rule by trading index funds in some hyperspecific way like you're describing. so it's still restrictive. but why the fuck would you do any of that?

I wasn't suggesting that one circumvent the rules in order to trade on insider information lol, more curious about what BL associates felt like they were missing out on exactly. I would be surprised if they had time to actively trade on the side.

[patogordo]

pretty sure the only person who thinks they're missing out is the misguised 0L who started this thread

[sashafierce]

pretty sure the only person who thinks they're missing out is the misguised 0L who started this thread

lol...you are mean but right

I wanted to know so I started the thread.

Thank you for the insight

[Stanford4Me]

Where would you rank drunken love in terms of all Beyoncé songs ever?

I'm insulted by your horrible botching of the song's actual title.

It's "Drunk In Love," HTH

[Hipster but Athletic]

Shit

[crit_racer]

were not allowed to buy/sell ANYTHING (including non client's stock) w/o first getting approval from the firm (V10). Can invest in mutual funds, etc tho.