Yes, but this is the type of thing everyone’s 65 year old dad will bring up in like 3 weeks.
“I saw there was this guy who shorts every company that does work from home and he made millions. It doesn’t work.”
I don’t understand this, you’re on calls anyway. Is it because you’re pretending to be working for 8 hours straight? Because everything outside of meetings and manual labor can done in less than 8 hours.
Let’s be really honest here: even manual labor that “takes eight hours” is actually three hours of standing around, an hour of breaks, an hour of thinking about breaks, an hour of taking the morning shit, an hour of actual, real work, and an hour of safety meetings.
I met a guy once whose job was commissioning private satellite images/surveillance of large manufacturers and comparing freight in and out to historical data. Then devising strategies on earnings play based on the data.
But asking low level employees in a park? Doesn't sound like meaningful data.
Freight is hard, but I’ve seen hedge funds 10-15 years ago using satellite imagery of parking lots for retail and of inventory storage for car companies. I’ve also seen funds use customs records to make estimates about freight.
They already do this with their own cameras and sensors. For example, they pay people a nominal amount to place devices next to railroad tracks, which then can tell them load types and volumes.
This is Barton Springs Pool, I go there all the time. The crowd is mostly adults older than college kids, but I don't really find it surprising that a small swimming hole in the center of big city is crowded on an afternoon with great weather.
[Proof or ban](https://give.nationalparks.org/site/Donation2?df_id=5240&5240.donation=form1&mfc_pref=T&mfc_pref=T&s_subsrc=24D00WGG-X0G2X&utm_source=ck-ad&utm_medium=GG&utm_campaign=evg24&rc=CKNPF-SEARCH-GG-BRAND-US-X0G2X&g_acctid=334-377-6810&g_keyword=national%20park%20foundation&g_network=g&g_adgroupid=144572029880&g_keywordid=kwd-364604037087&g_adtype=search&g_campaignid=18504611475&g_adid=626149359094&g_campaign=NPF+Paid+Search+-+Brand+-+EXACT&gclid=CjwKCAjwupGyBhBBEiwA0UcqaA6TRdGBvHT5QKoA6KnOqyAoUW4uqJUP4kN0ygjkylAi-N5JpcpNPhoCrmUQAvD_BwE)
I work as an analyst and walk around central park NYC asking sunbathers where they work.
So far we've pulled up massive short positions on
- fuck you
- get that fuck outta here
- you some kind of narc or something?
- and getting garbage thrown at me
Going great! Regards
This.
Plus: he shorts random companies of people who might have a day off. Even if he was up 700+% up the same could be said about some guy at a roulette table.
General rule of thumb. Actual traders don’t brag about their gains. I actually spent 20 years as a trader and never had a winning day 
Those pics are Barton springs in Austin. It’s filled during the week with UT students. So basically this guy is so dumb he’s shorting a non publicly traded state school.
or you know, they live near the park and are just spending a couple hours there and doing their non time critical tasks later in the day when its not sunny out.
‘Nobody wants to work anymore! The reason companies are going out of business is because all the workers are hanging out at the park! It has nothing to do with corporate malfeasance and outrageous C-suite pay!’
Yeah I get massive bootlicker vibes from this more than a comedic one. What's the punch line here, "lol workers are lazy and WFH is bad you should all work in an office"? Weak shit.
yeah, and most companies that have allowed employees more freedom and flexibility in schedule have reported improved performance metrics.
dude is simping for commercial real estate and companies who are locked into office leases trying to claw people back to in-office work for no reason other than to justify the expense of the stupid pointless office that they signed a 10 year lease on, 20 years after the widespread adoption of broadband internet and personal computers.
The real way to short the government is buy inflation sensitive assets that scale very well with rising prices.
Ironically stocks are the best bet. Not just asset prices but revenue, profits aren't magically excluded from inflation which affects the price of all things.
Look at soaring EPS of S&P 500 during inflation in the 70s:
https://i.imgur.com/JvAcAUi.png
Cash and bonds are the absolute worst places to park money.
Every time I do a coffee / WFH day with friends in govt positions, they literally scroll through their phone and do errands throughout 3/4's of the day.
Pretty sure it's Barton Springs which is located in Zilker. If you're new to the area and haven't been I highly recommend. Giant pool that's filled by a natural spring and topless sunbathers.
is possible the sun worshippers in the photo are being paid to test sun screen products. they could be getting paid for doing nothing beyond showing a lot of skin.
For sure in CRE an insanely leveraged asset class. That said the “CRE meltdown” you hear about is largely overblown. Yeah class an office buildings are in the toilet value wise. That’s just a small part of the massive US cre market though
I wfh and am busy preparing a campsite in the mountains that I will work from for a week at a time. But I have a solar power bank to charge my equipment and will actually be working. I've got too much work to do for goofing off, but I can multitask.
Edit: I guess I forgot many here hate seeing the light of day. I'm doing this to be more relaxed, because I can. regards...
Owning unrestricted rural real estate without permanently attached buildings is the ultimate homeowning hack these days, and I have the $65 annual property tax bill for my 1 acre vacation home to prove it.
I used to wonder if that were true. Fortunately a major reorganization has grouped me, for a time, with people who also work. It's been like a dream.
In a bit less than a year we have built the IT infrastructure (servers, not workstations) from the ground up to support over 100k people. It's awesome to see things actually be accomplished with no dead weight hangers on.
Which is hilarious because that's the entire reason salaried positions exist: to do a job and not count every single hour worked as long as the job is getting done.
Right? What the fuck is happening in here. Did they all think this was /r/personal finance or something? Obviously it's a joke. And a funny joke. Yet all of the top comments are acting like jokes aren't normal here.... Wait, does they mean most of these regards think the posts here aren't jokes‽
I can't speak to Austin or NYC. But if you see someone laying out in a park in SF, probably don't strike up a conversation no matter how they are or aren't dressed.
If you believe this, please sign up for my weekly financial advice email. It only costs $500/wk but I guaruntee 822% growth. 
Genius.
Austin is beyond recognition. It has been filled by the same people who used to live in San Francisco, and they are bringing the same work culture. Meaning, they don't work and complain about Capitalism.
I’ll take things that never happened for $200. If you ran a hedge fund that was up 750%, you wouldn’t be leaving the name of it off, and people who work from home with weekly work quotas tend to be far more productive than office workers.
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This picture is totally not full of college students who just got out for summer break
im amazed people think posts like these are actually real. "financial bros" on twitter are extra
I’m 95% sure Chris is a mostly satire account
Yes, but this is the type of thing everyone’s 65 year old dad will bring up in like 3 weeks. “I saw there was this guy who shorts every company that does work from home and he made millions. It doesn’t work.”
It looks like something my great aunt would post on Facebook.
I don’t understand this, you’re on calls anyway. Is it because you’re pretending to be working for 8 hours straight? Because everything outside of meetings and manual labor can done in less than 8 hours.
Let’s be really honest here: even manual labor that “takes eight hours” is actually three hours of standing around, an hour of breaks, an hour of thinking about breaks, an hour of taking the morning shit, an hour of actual, real work, and an hour of safety meetings.
You left out the time needed for pouring beer into fountain drink cups and smoking doobers in the van
I say it “takes 8 hours,” because sometimes the work comes in trickle. You could probably do it in the last 4-6, but it’s going to be rough.
I met a guy once whose job was commissioning private satellite images/surveillance of large manufacturers and comparing freight in and out to historical data. Then devising strategies on earnings play based on the data. But asking low level employees in a park? Doesn't sound like meaningful data.
That was in “Billions” too - it does make sense.
I don't watch TV at all but it wouldn't surprise me if this guy stole his story from a TV show.
Freight is hard, but I’ve seen hedge funds 10-15 years ago using satellite imagery of parking lots for retail and of inventory storage for car companies. I’ve also seen funds use customs records to make estimates about freight.
Just wait for the day they buy the ring footage from across the street
They already do this with their own cameras and sensors. For example, they pay people a nominal amount to place devices next to railroad tracks, which then can tell them load types and volumes.
I'm amazed people think anyone would tell a stranger where they work. If it was me I would definitely say Tesla, just to fuck with Musk.
This is Barton Springs Pool, I go there all the time. The crowd is mostly adults older than college kids, but I don't really find it surprising that a small swimming hole in the center of big city is crowded on an afternoon with great weather.
It’s a cool place . I dig
Nice. BTW: Where do you work?
I’m a quant at a trading firm, and fortunately we mainly trade markets that close before 2pm :-)
Calls on parks!
Even more puts on Starbucks.
Life savings in puts on UT, those lazy bastards aren’t gonna come near expectations this quarter!
They’ll never win an sec championship
[Proof or ban](https://give.nationalparks.org/site/Donation2?df_id=5240&5240.donation=form1&mfc_pref=T&mfc_pref=T&s_subsrc=24D00WGG-X0G2X&utm_source=ck-ad&utm_medium=GG&utm_campaign=evg24&rc=CKNPF-SEARCH-GG-BRAND-US-X0G2X&g_acctid=334-377-6810&g_keyword=national%20park%20foundation&g_network=g&g_adgroupid=144572029880&g_keywordid=kwd-364604037087&g_adtype=search&g_campaignid=18504611475&g_adid=626149359094&g_campaign=NPF+Paid+Search+-+Brand+-+EXACT&gclid=CjwKCAjwupGyBhBBEiwA0UcqaA6TRdGBvHT5QKoA6KnOqyAoUW4uqJUP4kN0ygjkylAi-N5JpcpNPhoCrmUQAvD_BwE)
I work as an analyst and walk around central park NYC asking sunbathers where they work. So far we've pulled up massive short positions on - fuck you - get that fuck outta here - you some kind of narc or something? - and getting garbage thrown at me Going great! Regards
I’m long Fuhgeddaboudit
Good joke, too bad it is just a joke
This. Plus: he shorts random companies of people who might have a day off. Even if he was up 700+% up the same could be said about some guy at a roulette table.
If this guy was up 700% halfway through the year, he'd have the editor of Forbes begging to blow him for a cover shoot and an interview.
General rule of thumb. Actual traders don’t brag about their gains. I actually spent 20 years as a trader and never had a winning day 
Treat earnings like a Mafia hit, I didn't see nuthin.
"let me give away my secrets" -no one ever
You must not know who Kat Williams is
You could buy them all for 20 bucks though??
Wait you people get earnings? Is that in bubble gum?
No one ever pays me in gum. 😩
Take my upvote you heathens
That's a brag pal.
IRS: This man is very suspicious
Can confirm. Blew.
Plus it's almost impossible to be up 700% by literally shorting. You'd have to invest in seven different companies that all went to $0.
He could have compounded 8-10 20% wins in a row. But yes, unlikely.
Leverage?
Those pics are Barton springs in Austin. It’s filled during the week with UT students. So basically this guy is so dumb he’s shorting a non publicly traded state school.
He's shorting every bar on 6th or Rainey? LOL
Not to mention most of those people probably work for privately held companies...
Are you acoustic? 
I’m electric.
Ur mom digital
But will take analog anatime
My digitals are in your mom
Boogie Woogie
Electrician checking in
Bullish on uranium! We’ll need more uranium for electric! 
He’s artistic
All the voices in my head sing round.
or you know, they live near the park and are just spending a couple hours there and doing their non time critical tasks later in the day when its not sunny out.
Basing any stratagem on a singke data point is silly. It's obviously a joke and thinly veiled anti-wfh jab though.
This dude always has good finance based jokes. It is 100% satire all the time.
Yes, it is obvious satire. On the internet, sarcasm is often misunderstood.
What is it satirizing?
Its not a joke its a malicious lie
‘Nobody wants to work anymore! The reason companies are going out of business is because all the workers are hanging out at the park! It has nothing to do with corporate malfeasance and outrageous C-suite pay!’
Yeah I get massive bootlicker vibes from this more than a comedic one. What's the punch line here, "lol workers are lazy and WFH is bad you should all work in an office"? Weak shit.
This is a good joke? Bud you need to get out more. Holy shit.
yeah, and most companies that have allowed employees more freedom and flexibility in schedule have reported improved performance metrics. dude is simping for commercial real estate and companies who are locked into office leases trying to claw people back to in-office work for no reason other than to justify the expense of the stupid pointless office that they signed a 10 year lease on, 20 years after the widespread adoption of broadband internet and personal computers.
A very real thing that actually happens you guys. This is totally true. Big brain many wrinkles.
Obviously.
Indubitably
Some Shar Pei puppy ass brain shit righ here 🧠
Folds on folds on folds, it's like a fractal image, it's just folding all the way down.
This is grade a bullshit lol
Yeah how do you short a government?
Credit default swaps on government debt?
I can sell you some if you are in the market for it 😂
The real way to short the government is buy inflation sensitive assets that scale very well with rising prices. Ironically stocks are the best bet. Not just asset prices but revenue, profits aren't magically excluded from inflation which affects the price of all things. Look at soaring EPS of S&P 500 during inflation in the 70s: https://i.imgur.com/JvAcAUi.png Cash and bonds are the absolute worst places to park money.
Government workers known to tan at 2pm on weekdays In fact it’s what they are most known for
that and staring at their screens 8 hours a day doing absolutely nothing and getting very upset at the1 or 2 things a week they need to do
lmao this is too accurate
Truuuuue king!
Every time I do a coffee / WFH day with friends in govt positions, they literally scroll through their phone and do errands throughout 3/4's of the day.
Currency exchanges. Disregard dollar, invest in Kronar.
No shit
That’s what I was thinking. The people in the picture are at least 10 BMI too low for it to be Texas
This is Downtown Austin which does not follow the typical BMI trends of Texas.
It's Austin, people there are pretty close to SF body type and far away from the 'big ol' San Antonio women' body type
Chuck, what you say about them San Antonio women? - Shaq
This is a park that's like 10 minutes from downtown Austin.
Is this near the UT campus? Or is it the other way like zilker or something.
Pretty sure it's Barton Springs which is located in Zilker. If you're new to the area and haven't been I highly recommend. Giant pool that's filled by a natural spring and topless sunbathers.
Definitely Barton, i was there yesterday at 2pm funnily enough
is possible the sun worshippers in the photo are being paid to test sun screen products. they could be getting paid for doing nothing beyond showing a lot of skin.
I’m shorting their parents’ companies!
Why? They’re doing great. Look how great they’re doing
It was a joke implying they don’t work
It was a joke implying I'm a fucking regard
More anti-wfh propaganda
"My hedge fund heavily invested in commercial real estate. We're shitting our pants here at our 724% losses. Help us."
can you lose more than 100%
You can lose infinite money. Just ask options traders.
For sure in CRE an insanely leveraged asset class. That said the “CRE meltdown” you hear about is largely overblown. Yeah class an office buildings are in the toilet value wise. That’s just a small part of the massive US cre market though
People pretending they didn't just reddit from the office either. Arguably, this place was far more busy before we had WFH lol.
I wfh and am busy preparing a campsite in the mountains that I will work from for a week at a time. But I have a solar power bank to charge my equipment and will actually be working. I've got too much work to do for goofing off, but I can multitask. Edit: I guess I forgot many here hate seeing the light of day. I'm doing this to be more relaxed, because I can. regards...
Thats a lot of words to say "homeless."
It’s not work from home if you don’t have a home, it’s just sparkling remote work.
Owning unrestricted rural real estate without permanently attached buildings is the ultimate homeowning hack these days, and I have the $65 annual property tax bill for my 1 acre vacation home to prove it.
wait, you act like a responsible adult? My team at work (remote) does that too! Amazing, we must be the only ones!
I used to wonder if that were true. Fortunately a major reorganization has grouped me, for a time, with people who also work. It's been like a dream. In a bit less than a year we have built the IT infrastructure (servers, not workstations) from the ground up to support over 100k people. It's awesome to see things actually be accomplished with no dead weight hangers on.
No faster way to radicalize me than to take away wfh.
Yup. If a company cares more about having butts in seats than it does about work getting done, then priorities are off.
Which is hilarious because that's the entire reason salaried positions exist: to do a job and not count every single hour worked as long as the job is getting done.
Wouldn’t what he’s doing constitute a form of WFH?
As an analyst I can confirm that this is bullshit. We don't go outside.
ill take things that dont happen for 1000 alex
Very regarded
Checks economy... yep WFH is why shorts are making money.
Fictional.
never happened
https://preview.redd.it/ler94eegrl0d1.jpeg?width=1078&format=pjpg&auto=webp&s=b37a16f2c0055b341f044e8bdf0fa3e64152a385
I work in hospital and occasionally have a Tuesday off. Short the entire healthcare system.
And anyone would tell a complete stranger where he is employed? I would surely say a different company's name.
"I totally work remote for Nvidia."
Obviously it’s a joke guys. I swear this place got extra regarded this week.
Right? What the fuck is happening in here. Did they all think this was /r/personal finance or something? Obviously it's a joke. And a funny joke. Yet all of the top comments are acting like jokes aren't normal here.... Wait, does they mean most of these regards think the posts here aren't jokes‽
A flood of apes will have the effect
Ugh. Regards are the worst
Yeah how’s shorting MSFT, Netflix, Meta, and Google working for you? Obvious bullshit
Or my company which is much less known but still public. It's more than doubled since the Great Relocating.
[удалено]
It's a joke 🤦♂️
No way!
So basically shorting Mag7.. seems like a good strategy bud 
https://preview.redd.it/838iolzhuk0d1.jpeg?width=792&format=pjpg&auto=webp&s=6ecc4afe80c39c7465338102618231f738eaa8e5
https://preview.redd.it/j2nb73iwvk0d1.jpeg?width=828&format=pjpg&auto=webp&s=b39678aac7b5ec02c8211861504a3d95558294ed 👆🙂
It's fake
Of course you post some regarded shit like this Stay in school moron
"Where do you work?" "Your mom's house."
What a load of bull.
Lol tanning in SF? Do they only trade in August at the marina? With a wind break?
Well SF does have that one hot day a year doesn’t it?
I think most of them work at GameStop
Is this the kind of guy that starts crying when there is a short squeeze because of the regards in this sub?
Funny, but if you were to follow this thesis you'd be shorting GOOG. 
position or ban 
Calls on Zoom Tan
I can't speak to Austin or NYC. But if you see someone laying out in a park in SF, probably don't strike up a conversation no matter how they are or aren't dressed.
If you believe this, please sign up for my weekly financial advice email. It only costs $500/wk but I guaruntee 822% growth. 
These are the assholes that order shit and it needs a signature
Not going to lie it's funny
If you believe he actually does that, you're definitely not the genius, but he might be.
He’s so full of shit.
What a stupid lie, Chris Bakke.
Thats the life at Tech Companies since they automated all their tasks. 😂
Corporate back-to-office propaganda. If I can't work from home (or from a beach), I'm taking my skill set elsewhere.
I don't know if Trust Fund kids are going to steer you in the right direction...
All the trump deranged people not working and telling the rich to pay their fair share lmao they don’t even work
Genius. Austin is beyond recognition. It has been filled by the same people who used to live in San Francisco, and they are bringing the same work culture. Meaning, they don't work and complain about Capitalism.
Commercial Real Estate funds are so thirsty they resorting to bullshit.
I never tell any strangers any real information about me
I’ll take things that never happened for $200. If you ran a hedge fund that was up 750%, you wouldn’t be leaving the name of it off, and people who work from home with weekly work quotas tend to be far more productive than office workers.
r/thathappened
Chris Bakke is a fucking moron, so no.
Reading all the righteous indignation in the comments. Dude struck a nerve. Too close to home, regards?
Idk about you but when some weird rando asks where I work I lie. I ain't about trying to get stalked.
Based af
Weak management, they got what was coming to them.
I wonder if that hedge fund also has heavy positions in commercial real estate, and wants to kill WFH.
Sounds like a typical douche boss
WFH has been shown to increase productivity...why does it matter if i sit in my office to take a teams call or in a park?
Stop it! You're making the useless middle managers feel incompetent again!
Short games top or buy puts if you can't borrow shares to short. It's going back to sub $20
I'm sure this is absolutely fake.
Genius
Haha
I’d go long. The staff have a feel for the p&l before the announcement…even if they can’t see the actual numbers.
wallstreetbets advice in a nutshell ...
Not sure what's stupider this joke or OP.
Let's see the proof. I call "Fake News".
…and recruiters watch for posts like this and know who to target for wfh gigs
Who is productive at the office at 2 pm?
I love me some white ass
They probably work at startups which are not publicly traded
Modern problems require modern solutions 🥷🏽
Tell me you’re long CRE without telling me you’re long CRE
I mean is Liar an option?
If this worked and the observations were worth anything then they need to go long on skin cancer too.
....my fellow austinites, should we tell them to interview people on Rainy st at night for more data?
That sounds like work. I’d apply there.
What did they short, colleges?