Financial Testimony

We took many tangents recording this one, from work life balance, to pressures through out life, to pivoting careers in life. It is hard when you are work from home to separate work from home, life has become so fast paced that we have begun to fill every waking moment with stimulation and take no time to step away from it all. Work life balance is a tough conversation because everyone has different expectations of working for a living or living to work, it can go many ways and it can change depending on where you are in life personally and professionally. Lastly, take a breathe and relax, no matter the type of stress or pressure you are under at work or in your personal life, you have always managed to get through it before, this too shall pass. 

Apologies for the tangents and the upload delay for this week's episode. 

In exchange for free services such as Google, Facebook, Twitter, and much much more, we give up privacy to use said services with no barrier. As consumers we love that, but it sparks concerns about how much is too much. What types of information do you consider too much and how aware are we of our own ability to protect ourselves and our data in the age of CCPA and GDPR, because literally no one reads those pop ups so how can we justify tech companies knowing so much about our lives? We can either make anti trust laws or accept that we have no privacy anymore with everyone walking around with microphones and cameras potentially recording us at all times. 

Today anyone can announce their position and why, while also being able to trade securities from their phone, making it incredibly easy to trade from anywhere for any reason. This has led to insane trading volumes on securities and cryptocurrencies, which has led to impressive gains on trades for many while also damaging many financially. Where does regulation intervene and how does it do so without hurting access and ability substantially?

Hot off the press, NCAA changed one of their rules last week that would prohibit college athletes from being compensated on their Name, Image, and Likeness. Now colleges can compensate students in the name of education and corporations can get in on paying athletes without the restriction of education. It can go many directions from here, but it is only just beginning. Who knows what will stem from this *temporary* change?

Space is an interesting one because we are barely beginning our exploration of it in the grand scheme of humanity. Billionaires are racing to go to space, a branch of the US military has been created for this domain, a new marketplace for precious metals is in sight, and a goal for many futurists for colonization. The limits of space are only our imaginations, well... once the capital has been deployed and until the governments decide to intervene with their treaties, they always ruin the fun. Tune in to hear our discussion of this uncharted industry. 

Welcome to Financial Testimony, a bit of a pivot from Tech Talk. Same goals, new name to find easier, formatted in a simpler manner, and much more focused on finance and law. Expect new episodes every Monday 10 AM PST. 

In our favorite episode to make thus far, we lightly touch pretty interesting topics behind our main topic of Elon hosting SNL and how this is a man that defies all expectations of himself, getting to show off his comedic side when it comes to his role in current events. We go over some history of the battle between a former US President and another celebrity billionaire whose name has more weight than all the gold in Fort Knox. Lastly, we bring up our favorite subreddits, the value in community, and why Reddit is a healthier form of social media than others.

In this month’s regularly scheduled episode, we discuss comments from JP Morgan Chase CEO, Jamie Dimon, on FinTech taking over traditional banking. We get into the now seemingly annoying conversation of cryptocurrencies with Coinbase’s IPO, which was a metaphorical proclamation that FinTech doesn’t want traditional banking. Lastly, we talk about burnout because it impacts us all at different points in our careers. For Hayden, it came at a transition period leaving school, but for many it will come after excess overworking of ourselves.

In this week's quick and easily digestible episode, we discuss Robinhood's plans to IPO coming back in full swing and why they are still trying to IPO. We talk about digital art or what the common current use of NFTs are, Alyssa thinks this new digital art is vaguely similar to past art mediums, while Hayden thinks NFTs in particular are a very overrated art medium. Lastly, we get into the long-term and short-term effects of last year's college deferrals due to Covid-19 and the implication they have on more than just school but what traditionally happens after school. 

On this month's super delayed episode, we briefly discuss audio licensing and how strict copyright is. A little late from when we recorded this but Covid-19 had its anniversary in the United States and we have changed a lot because of it, how fast vaccines were rolled out, how they work, and a bit of politics at play in how the nation has handled it, and we wanted to bring it up. Lastly, we bring up our own job hunting experience and important factors that have played a role in our idea of landing and keeping a job. Fun fact: this episode was recorded before a survey was released where investment analysts begged a large investment bank to only work 80 hours a week.