IQ
iQIYI, Inc.
stock NASDAQ ADR

Listen up regards, the yen carry trade is about to go tits up and take your tendies with it. Here's the deal:
1. Borrow yen for basically fucking free 💴
2. Yolo that shit into USD 💵
3. Ape into stonks, treasuries, or shitcoins 📈
4. Free money glitch as long as yen stays in the shitter 💩
But if the yen moons suddenly, you're fucked sideways. Your yen debt gets thicc real quick, risk limits get clapped, and everyone panic sells to buy back yen.
Sell assets → buy yen → yen rises → GUH
# Why Hormuz makes your butthole pucker
Japan imports all its oil and gas. Weak yen + expensive oil = JPow going in dry on inflation.
Hormuz is a clusterfuck rn. Iran says it's closed, Murica says it's open. Either way, shipping is risky and energy costs are mooning.
Bank of Japan is in a Mexican standoff:
* Do nothing, get gaped by oil prices
* Raise rates, risk blowing up the carry trade
* Intervene directly, potentially send USD/JPY to the shadow realm
BOJ already raised rates to 1% in June, highest in 30 years. Japanese yields might start looking tasty enough for institutions to bring that bread home instead of yeeting it overseas.
# About that "BOJ insider" rumor
Some anon claiming to be a BOJ insider is shitposting about massive intervention and rate hikes. Probably fake and 🌈, but the setup is real.
Japan might have to falcon punch Western markets to save its own ass.
# Positions or ban
I'm watching:
* USD/JPY drilling to the earth's core 📉
* Yen volatility going apeshit 📈
* Japanese yields rising like my wife's boyfriend 🍆
* BOJ hiking or surprise hawkishness 😱
* Japan's finance ministry stepping in 👮‍♂️
* Equities, treasuries, and crapto all shitting the bed simultaneously 💩
If Japan decides defending its currency is more important than enabling degen global liquidity, the yen carry trade could become the world's biggest margin call.
TL;DR Hormuz fuckery means expensive energy for Japan. If they hike rates or intervene to prop up the yen, carry traders might have to panic sell foreign assets. Unverified "BOJ insider" post is probably LARP, but the macro setup is legit.
Not financial advice, I just work at Wendy's. If you want pretty pictures, I made a whiteboard drawing for you crayon eaters.
Positions: Long $ROPE, short $IQ 🤡

Memory bols IQ so low that they believe Wall St. propaganda so firmly they fail to see $SKHY is simplying $SPCX cuz its the same shit

Didn’t realize speaking was a requirement to type on social media. Your low IQ is showing.

Reading this thread has cost me 20 IQ. Literally just spewing bullshit left n right

Anyone still holding semis especially memory need to have their IQ tested

Bin immer wieder erschrocken wie viele Leute nicht wissen wie das mit mahnen und co. funktioniert.
Kann schon sein das da dann eine automatische Mahnung samt RL-Kosten kommt, nur ist die dann nichtig. Wenn fehlerhaft eingezogen wurde dann musst du natürlich nicht die RL-Kosten übernehmen.
Wenn man nett ist schreibt man zurück und erkärt kurz den Sachverhalt, dann entschuldigt sich der Sachbearbeiter und die Sache ist gegessen.
Selbst der Sachbearbeiter am ende doch zu unfähig ist, mann wiederspricht einfach und dann müssen die einen verklagen, spätestens davor guckt dann mal jemand drüber mit IQ über Raumtemperatur und die Sache erledigt sich.
All das zusammen dauert max 5 min.

Hä? Wir sperren doch keine Screenshots hier-
*Achtung, richtig hoher IQ Humor...*

Pulte was normally good at dancing around those questions (at least for people with the IQ of apes). Fortunately for him, Apes perceived this as *Pulte must be under an NDA and can’t admit anything!*, which bailed him out whenever it was questioned.

If you think it’s going to go up today, you don’t need an IQ test, you need deconditioning.

Donald taking an IQ test every few months until they add up to 140

Anyone holding memory stocks now needs an IQ test

Sure makes me feel good that 🥭 keeps bragging about acing cognitive tests. He took another one apparently. Bro has dementia for sure. He brags like it’s an IQ test but it literally has questions like “which one is an elephant”
At this point the tests aren’t even meant for diagnosis. They are for measuring the progression. Probably so they can adjust his meds.

I mean the playing field is not even to begin with cause my IQ is low (below 140)

Honestly, if you’re measuring IQ, probably not

IQ definitely matters if you are going head to head with the same level of dedication and learning you will always lose in that regard. It does however mean very little if you do not apply it.

I can’t exactly imagine a motivated 150 IQ person putting in 1% of effort… that’s just hyperbolic. In most cases the 150 IQ would be in a different dimension altogether

I'll try to give you an answer, not just a joke like other comments here.
Although my IQ is higher, I've always wondered how high the level should be for this job.
The average IQ for the population is 100. If you have 107, you are already higher than most.
Then it all depends on your skills, motivation, and laziness. Do you know math, and can you easily solve high school level equations?
Have you tried to learn machine learning and implement various basic concepts on your own, such as linear regression or simple classification and clustering?
I mean writing code yourself, not telling the chatGPT to produce a ready-made script.
If the answer to all the questions above is "Yes", you can try. At least you are capable.
If not, then you should find another job, since you will not be able to perform even the simplest tasks or pass an interview.

I mean to get into quant, isn’t things like high school math olympiad medals and competitions basically required? That would already select for high IQ, as for instance, a low IQ person like me could never even qualify for the USAMO no matter how much I grind (3-4 years) as I am just not smart enough to intuitively solve novel math problems regardless of practice, nor have the creativity or ingenuity to have novel insight. So in a way IQ does matter, just not too directly or explicitly (in a taking IQ test sense) but rather via achievements and grades and competition results etc.

If you think IQ somehow means that is your limit for any sort of work you're not smart enough to get a quant job sorry. Effort outdoes genius level IQ 99% of the time as IQ is simply your learning rate not how much learning you can do. Someone 100% dedicated with average 100 IQ will always beat out some high level 150 IQ person who inputs 1% effort.

Are you saying I have to have the IQ level of a mole? I thought moles are tiny.