STEM

PatrickSebast

I don't want to give too much insider information but I believe I just solved inflation (I studied STEM in school so it's a pretty good solution). Wrote it down on engineering paper and mailed it out to JPOW this AM. In a few business days things may start to shift as long as he still opens his mail.

MattieShoes

> I got told thats a bad idea and should worry about the next 5-6 years untill i finish college Get that degree. The impact to future earnings is potentially huge. Especially if it's in a STEM field. It might also open doors if you ever choose to emigrate. Generally the first thing you want after that degree is an emergency fund that can cover a year's expenses. That's probably where your money should be going first, to get that emergency fund going. Generally for your emergency fund, you want something liquid that can't lose (nominal) value -- money fund, high yield savings account, whatever. It might feel like a waste, but particularly in school and just coming out of school, that's when you've got the least cushion unless your parents can provide it. So it's not a waste, it's just preparation so you'll be in a position to invest later because you'll already have that cushion when you're working full time.

Name_Simple

Getting crucified by STEM

DarrenRoskow

Treat it as Greek / STEM and pronounce it "ki". Then refer to the posts as "kites" just to increase the confusion.

tetrakishexahedron

Except Brian Krzanich who was the CEO mainly responsible for Intel's demise joined Intel as an engineer in the early 90s. I don't think he even had an MBA or any non STEM degree.

3RADICATE_THEM

Jesus Christ, you absolute moron. We are at record high homelessness. The most important segment of society (age 20-45) have been given the worst CoL:income ratios in modern history. We have STEM educated graduates struggling to find suitable jobs or are unemployed. But yeah, boomers 401k and housing equities have blown up in the last five years so the economy is doing amazing! We all know boomers are really the only part of society that matters!

StuartMcNight

30 years working in aviation is definitely a much worse background than 2-3 years in university listening to teachers on a STEM degree with ZERO on the job experience. Is it? Is it?

TechnicalInterest566

No background in STEM...

TechnicalInterest566

She doesn't have a background in STEM.

mingy

Well, this is reddit. China bad. Anybody who says anything not negative about China is a bot, tankie, or shill. Chinese people are also stupid and unable to invent, despite making up a staggering proportion of US grad students in every STEM field, having founded many US tech companies, etc.. Racism is a weird thing.

Brazilll

STEM is trash. Their software is a joke and unlike Fluence don't offer their own hardware (they just resell other manufacturer's batteries).

bazookateeth

Another one that is similar but smaller in marker cap is STEM

DepthValley

My parents were boomers and both had graduate degrees in STEM fields. The don't know what they bought the house we lived in for, but I've looked it up on Zillow and the zestimate today is 400k. I think they did get lucky with decades of growth (both stock market and housing market) but I think it's a myth they had everything better. Mortgage rates were insane, things like food were very expensive. Home ownership rates weren't higher then than they are now.

YouSeaSwim2330

Hey, I'm a STEM PhD student who wants to get into the stock market. How can I acquire a dataset with all stock and commodity prices? (current & historical) Is it expensive? I have heard of different platforms, but I was wondering which one you recommend. Thanks :)

InternationalPut4093

High skilled visas have been pretty greenlit for a while. STEM professions often make a whole lot more in the US compared to East Asia.

EuthanizeArty

It's always hilarious to me that low income workers in the states fantasize of Canada as some utopia, not knowing the cost of living is close to or exceeding most US regions with half the income. Meanwhile Canadian STEM workers get a TN visa and come stateside the first chance they get.

_Please

Not a single person in here has responded with any real information. I'm not sure whether that's signs of Orange man bad syndrome or people just being financially illiterate, but its quite amazing really given the size of this Subreddit. Nobody officially valued this at 6 billion. The Spac ([Blank check company](https://www.sec.gov/Archives/edgar/data/1849635/000110465921111753/tm2124624d5_s1a.htm)) raised \~300 million. At completion of the merger between this company and Trump media group or whatever they're called, Trump himself held 57.3% of the public shares, public holders held 21%and the remaining \~22% was held by say transfer agents/underwriters, board members, etc. >**Immediately after giving effect to the Business Combination, there were 136,700,583 issued and outstanding shares of Public TMTG Common Stock, which includes common stock held by Digital World stockholders, ARC, former TMTG stockholders, shares issued upon conversion of TMTG Convertible Notes and shares issued upon conversion of Digital World Convertible Notes** Now as linked above in the Prospectus for the blank check company you can take shares outstanding x10.00 + warrants outstanding x redemption value = money raised for the blank check company. This number is pretty easy to find (\~300million) but we need to know how much of the company they are going to acquire. If it was 100% of the company then the company would be valued at 300million. It appears Trump held 57% of Trump media group, and the public (SPAC) held 21% at a quick glance. I didn't feel like spending any more time educating people who just want to yell at the sky so my estimation below is just that, an estimation. Take 300million (21% x 5) and we have roughly 1.5 billion, a tad high. Or you can take the outstanding 136million shares x 10.00 giving us roughly a 1.36billion dollar valuation. Now take the current share price and multiply it. 1.36 billion x 5 (50 dollars a share, 5x higher than 10 dollars) and we have a valuation of roughly 6.8 billion, which is whats listed currently on Robinhood. >As of the Closing Date, (i) President Donald J. Trump beneficially held approximately 57.3% of the outstanding shares of Public TMTG Common Stock and (ii) the public stockholders of Public TMTG held approximately 21.9% of the outstanding shares of Public TMTG Common Stock. This is the short version, You'd really need to dig through the prospectus and [8k/10k to see who holds what shares, what notes are redeemable, what warrants are exercise-able under what conditions, etc](https://www.bamsec.com/filing/114036124016719?cik=1849635). Because this is a meme stock with a relatively small float it became valued at 6 or 7 billion, Trump and the underwriters/backers valued this at roughly 1.3billion. Outlandish? Yeah. Insane? Not really compared to some of the other lavish valuations we've seen for SPACs in the last 4 years. Take a look at.... * SPCE * NKLA * HYLN * LCID * RIVN * GOEV * STEM See a pattern? Did anyone scream it was Russian Vatniks and Saudi oil money that ran those companies up when [LCID or Rivians valuation swelled to over ONE HUNDRED BILLION DOLLARS](https://finance.yahoo.com/news/lucid-road-100-billion-market-222229963.html) while also losing money? (Funny because LCID was literally backed by the Saudis) Is this a pump and dump? Sure. Is it some grand conspiracy? I doubt so. Had nobody turned this into a meme stock Trumps shares would be worth \~650million. Given his "popularity" and name brand running into an election I'm sure you'd find people willing to give a company like that some backing with twitter being a pile of shit.

ofesfipf889534

STEM

6TheMilfhunter9

Only about 35% of university graduates majored in something actually useful like STEM or healthcare, meaning 65% of the workforce with a bachelor's degree in pseudoscience like psychology are prime targets for replacement by AI, if they every have a job. Huge room for AI to take over the workforce - are you really going to short that?

wannabwealthy

It’s not if you want to set yourself up for a great future. I’m in a similar boat - currently 22 but I realized around your age that I have to drastically increase my income first before I start thinking of investments.  I’d focus on learning a high value skill (my opinion is to lean something towards STEM) and then finding an opportunity/job that way. Could be financial analysis, engineering, project management, etc.  Start by exploring different career paths online then look at community college classes. You have to get some sort of degree/certification/credentials before any employer will take you seriously.  Once you pull you’re income up, your ability to invest will drastically increase which will help with your retirement (great on you for starting to think about it already)  Also, I wouldn’t move out just yet until you are making more than 4-5k per month (given how expensive everything nowadays). This will help keep your monthly burn low while allowing you to live frugally and containing to invest  

_Please

Creating a SPAC isn’t blatant fraud, nor is this unique. Are you new to the markets or just here cause Trump bad? This spac was created during the SPAC craze of 2021. https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/spac-ipos-deals-fell-in-2022-73994241 This SPAC valuation being asinine is no different than the hundreds of other SPACs that got listed and took companies public at stupid valuations. Look at SPCE, NKLA, HYLN charts for me. Now look at LCID, RIVN, GOEV, STEM. See a pattern? Now are all these fraud, Is there a pattern of you posting 50 comments in threads related to those companies or just this one? People are buying this shit and driving up the valuation on paper, but it’s not like he’s earned 7 billion dollars ffs.

ProgressiveSpark

They seem to have many more students who study STEM. Depends who you ask Apple, Dewalt and Tesla seem to think Chinese engineering/manufacturing is sufficient Not as if they had a bridge collapse recently

nitelovesval

Short squeeze on STEM ?

AlfB63

If you have STEM degrees and don't know that x^2 is an exponential function, you need to get your money back from the mail order hack institution you got it from.  It literally the example most people use for an exponential function which is also a parabolic one.  You keep digging your hole deeper and look more ignorant with each shovel full of shit you're pulling up. I do have a true engineering degree along with a finance minor and an MBA with 36 years of consulting engineering experience.  I can guarantee you I understand basic math. 

hydrocyanide

You showed me x^2 and called it an exponential function, then accused me of not being able to pass a 5th grade math test. I have passed my state's licensing test to teach high school math, have more undergraduate math credits than any other subject (and my degree isn't in math), and have two STEM graduate degrees. I'm amazed that you still think you're right about a quadratic expression being exponential. It's incredible.

Whisperingeye9605

Pretty much any job outside of STEM is cutting or loosening requirements for degrees. Employers realizing a degree means nothing for job competency especially in the case of Zoomers, and younger folks are realizing that a degree won’t get them a job but will land them in Srs debt and the only ones making money is the federal government and lenders who’ve convinced you you need it. The jig is up and no one’s buying in anymore.

Televangelis

The first part is true in a narrow sense, and false in a larger sense. GPT4 is already trained; that doesn't mean you just take the same data set frozen in amber to build GPT5/6/7 with. The second part, about future AI focusing on reasoning rather than content generation? Also (likely) true in a narrow sense, false in a larger sense. Reasoning is mediated by language, in many senses; having gigantic data sets of people talking about the world, *and* debating with each other in text, *and* scoring each other's points with upvotes/downvotes, is in fact incredibly useful if you're attempting to approximate human reason outside of a quantitative, STEM/utilitarian sense of reason.

TwinBladesCo

I definitely struggled with hunger growing up, that is why I track these things so carefully (and am very sensitive to price increases). I had to completely cut out eggs, healthcare, and all subscriptions to pay rent. Things are getting a lot more expensive, and even with a STEM degree jobs are not guaranteed nor covering core expenses. 2017-2020 I was pretty happy with a low salary, things started to get really really bad in 2022.

LargePopsicles

Are you unironically racist enough to believe any Chinese kid in STEM must be a spy?

JoJoPizzaG

US also have a surplus of STEM, but they just don’t want to work.

chucksticks

China has surplus of STEM majors though. Not skilled yet but that’s a matter of time and the exposure they’ll get.

sweetsalty_spicy

Yes, we need to start teaching finance courses, but we shouldn't take away calculus when American is always so behind on STEM courses in schools.

grae313

I remember my dad telling me 25 years ago when I was a kid that the vast majority of mutual funds failed to beat the indexes. 15 years ago it was well known among my peers in grad school (a STEM field not a financial field) that ETFs would return more than most managed funds over the long run. This isn't new knowledge and anyone who is at all financially savvy and/or willing to educate themselves in order to take control of their finances would be aware of this. The managed asset industry has thrived and will continue to thrive despite this because "willing to educate themselves in order to take control of their finances" doesn't apply to most people. Boomers will think "I don't understand money, I should just pay a professional to do this" and continue to get scammed

Originalink6

Hmm, good question not many. FUJIF is an otc stock even though its price looks like a blue chip. DXRL is a leveraged mf that stays in my port. PBM is in the watchlist, but I wouldn't recommend it at these prices. PLX, ABIO, and STEM are more biotech.

Radians

He’s said that he only hires people that have done “real science”. Basically a PHD at minimum because he’s also said that real science to him is published papers or applied mathematics etc… Can be a mathematician, physicist, astronomer, engineer. As long as you’re in STEM and have done some unique research with a paper to prove it.

lifesabeach2000

STEM going to nothing or can it turn around?

ScaryMongoose3518

No doubt it's going to help for sure... but the biggest choke point is going to be the physical capabilities.  The US has blocked China from buying the chip lithography machines for several generations prior to current. Of course, China will do everything it can to acquire these through 3rd parties intermediaries but that will still strangle output capacity.  What tgey are really going to have to do is become self sufficient, which means developing the entire support industries that allow the manufacturing of the lithograph machines domestically in China. That's going to take several sectors making huge leaps forward (which China has certainly done previously.... but not this high on the tech tree).  Then they also need to construct the fab foundations to handle the accuracy required for the lithography machines (which they will do while building out the tech no doubt).  I never write China off, if there is 1 country who can pull something out of their ass, it's a country who dictates everything from centralised control. We have seen the build up of this with their focus on STEM students nation wide, they have thrown huge amounts of $ at education and ensuring they have access to the best of the best from their domestic talent pool, and when I say best of the best, the level of competition in China is HUGE!  This is sadly an unreported point in our media and China has had a major focus on this for at least 10yrs and it's really starting to pay off now for them.  Interesting to watch China with their 5yr, 10yr, 25yr, 50yr and 100yr plans.... pretty hard to pull that off in our democracies when we struggle to stay on track for 4yrs. (I'm in no way saying I'd like to live under a CCP system, in fact, I hate how our system has drifted more towards such a centralised system since 2000).  The centralised system is a double edged sword though, it stifles innovativion.... But the CCP overcome this by nation level theft of IP which allows them to leapfrog a heap of R&D... but that also results in a loss of acquired working experience that has benefits for problem solving on the fly.   I think China will surprise us, but I still think it's going to be closer to a decade for them to catch up to producing current tech of the day.  To do that, they need to build everything out, but most importantly, have the experience to start innovating once they catch up. Going to be an interesting decade for sure! 

Knot_In_My_Butt

GOOGL I use Gemini for work and it’s far better than Chat GPT at least in STEM. YouTube is a powerhouse GMAIL is a staple Search Engine is going to crap but there is no alternative

Miss-6am

#Micro Caps Tech Plays: $NVTS $BBAI $STEM Fintech Plays: $PAYS Biotech Plays: $PTN $INO $AGEN $MESO $CTXR

grae313

You're right it's overly broad and not *all* STEM fields are lucrative without an advanced degree (hence "many" in my original post).

thewimsey

> many STEM grads I kind of hate this term. Engineers and software engineers may make $100k right out of school. But STEM includes sciences, and the people right out of school with a biology, chemistry, physics, botany, zoology, etc. degree aren't making near that much. Without a PhD, anyway.

grae313

Yes, many STEM grads and software engineers make $100k straight out of school. If you have an advanced degree in an in-demand field, that will be closer to $150k-$200k.

Maleficent__Yam

For many STEM degrees, yes

Moaning-Squirtle

>Think about it this way... Soon, if you need software, AI will write it for you. Deploy it for you, and it will be purpose built for you. This is why the Jensen also said to not go to school for tech, it no longer makes sense. This is beyond ridiculous. It'd be like saying you don't need maths skills because we have Wolfram Alpha. For the most part, the need for high level skills in STEM has not changed even as new technologies emerge. In chemistry, we now have robots that weigh out and run reactions for us, but the need for chemists has not changed – the only difference is that it greatly improves their efficiency. Jensen will always market AI to sound as revolutionary as possible, in the same way Elon Musk talks about the electrification of our energy system. They are salespeople and their job is to make money for the investors.

_hiddenscout

STEM also reported yesterday, numbers don't really look great. I think we've talked about, I really want to be bullish on battery storage, but it feels like all the names I've looked at aren't doing great. STEM FLNC ENS AMRC

hitzelsperger

STEM yoyo chart

TechnicalInterest566

Pichai also has a STEM background with a bachelor's in metallurgy and a master's in materials science.

daytimelobster

STEM

Pavvl___

Another Prime Example of why College is a Scam. STEM only kids!

gnukidsontheblock

You don't make that much money dude, you can get another job in another field that doesn't care about bankruptcy. And you can make a lot more money. Fuck I went from cleaning toilets for college kids at 28 with no STEM background to taking night classes and getting my first tech job at 30. Wasn't easy, but wasn't complicated. From my perspective, I'd take the bankruptcy, get whatever job you can to get by for now, and start working towards a different career.

Chornobyl_Explorer

How about the fact there's been no conclusive scientific study *ever* to prove the bullshit you're spewing? Women gravitated towards computer science when it was seen as female work, now it's male dominated despite being *the exact same work*. And in China women work in STEM field much more then in the west simply due to *gender and cultural norms*.

Accomplished-Grand48

I have a STEM play. Their revenue was below 100 mil 2 quarters ago and the last one was 133 mil. The estimates for the 133mil was 180 something million, obviously the miss caused the stock to get beat up but right after the earnings call, but the price gradually went up from low 2’s to over $4 because company said there was billion dollar backlog and some other stuff. Currently sitting at around 2.7 now, their earnings are in a week or so and their expectations this quarter are now some 200+ million, so even if they do miss their earnings, look forward to an even higher revenue than last time (133m) and Wall Street pumping it back up to where it’s supposed to be and even higher because imo it’s on discount right now and may drop lower after earnings if they miss. This is a good long term play imo but I might just wait til after earnings and get in when it’s super low and wait for that buying spree for next couple months.

Fragrant-Tard

I work in a different STEM field and yeah like 90% of qualified applicants are Indian, Chinese, or South Korean. Americans are terrible at math and still think they can get by with social skills or something. We have the most advanced economy in the world, too advanced for our own graduating youth so we have to scrape the world for their most qualified.

throwingitanyway

plenty of idiots get degrees in STEM

themadnessif

no I majored in STEM because I'm smart. skill issue.

insomniacRA

Anybody else feel like they're forced to major in business because: 1. Not smart enough to do STEM. 2. Guarantees better job security than art majors. *I am a slave to a hyper-capitalistic society.* Yet, deep down I know the nomadic lifestyle and subsistence type of living is my true calling. I need to reassess my life again.

insomniacRA

Anybody else feel like they're forced to major in business because: 1. Not smart enough to do STEM. 2. Guarantees better job security than art majors. *I am a slave to a hyper-capitalistic society.* Yet, deep down I know nomadic lifestyle and subsistence type of living is my true calling. I need to reassess my life again.

Gadshill

STEM as well, started much earlier than you and it was no picnic back then either. Times are always tough when you are starting out.

whiskeyinthejaar

You mean 1% of the population? I am not sure what is your argument? All these jobs are new jobs post COVID that migrated people into town. Nike, as said above, will cut jobs in phases. People leave anyway. They will let go of lesser number, and not all will be Finance/STEM. They can say, what they say, we have seen this million times before. Every day news title with layoffs, and everyone is acting as if people never lose their jobs

Fragrant-Tard

I wish. There are few qualified women in STEM but if I encountered one I would hire her in an instant because it's a total sausage fest here. I get 90% men applicants and the vast majority of the department is men. Don't need any diversity mandate.

thelandonblock

Puts on PLTR, calls on STEM and TGT

Suspicious-Sink-4940

More like Americans aren't into STEM.

BallsMahogany_redux

STEM

AluminiumCaffeine

Yea, the margin situation for really all of those is not great. STEM and FLNC have both waved around their tiny SAAS businesses as a margin accretive offering but for neither has it really moved the needle yet. STEM is still negative gross iirc, at least FLNC has managed to pull that positive and start to grind torwards EBIDTA profitability

_hiddenscout

I've owned FLNC in the past, but don't own them now. I went back and forth on them and STEM. I really think battery storage will be key but most the companies in the space haven't been great. Like ENS and AMRC also in the space and actually have a positve EPS, but their overall performance for the past year has been bad. I really do think long term, they might be winners, but that's part of the reason why I just have a position in $WIRE. Company kind of touches a lot of industries.

LongLiveNES

I'm sorry are you just trying to agree with me/give me more reasons my stocks will go up? Yes, we will eventually have a reckoning about automation vs. labor and what we do with people who don't have the skills to get a job. I think that is still 30-40 years away though. I also think there's a counterintuitive play - if you believe that automation severely reduces the need for labor then the benefit to manufacturing overseas goes way down so manufacturing comes back to the US. Construction is very unlikely to be fully automated so many good jobs there and then techs/manufacturing workers are also great jobs. As for highly skilled labor being oversupplied - wut? STEM is way undersupplied and has been for DECADES, so implying all of a sudden there will be an over-supply of engineers is really unlikely.

thelandonblock

NIO and STEM calls PLTR puts That is all

thelandonblock

https://preview.redd.it/4cmymu50i8hc1.jpeg?width=828&format=pjpg&auto=webp&s=3369246a2de663399d7ebb175f93faa009d31ffb Which of these is most likely to print in your opinion? I feel like NIO and STEM have reached a short term bottom based on the charts and PLTR can’t keep trading like it has been over the last two days.

thelandonblock

STEM $3.50c 2/16 and NIO $5.50p 2/9.

bigasiannd

Can't speak for SWE as my industry is different. I was comparing mid-level managers and individual contributors in a global 500 company. BS and PhD STEM colleagues who had 10+ YOE were almost on parity to their counterpart in the US. It helped that their yearly merit was 10-15% per year while the US was 3-5%.

First-Persimmon-1133

Thankful I bought NVDA,AMD, COST as these stocks have saved my portfolio from a bunch of renewable energy stocks that my advisor had put me in (FCL; STEM). Changed advisors, sold all my tanking stocks, added to Microsoft, AMD and a few others. Have more than recovered from my losses. However… the bubble will probably burst…

McKoijion

If Reddit is women's studies majors complaining about the lack of women in STEM, TikTok is where women call bad math and finance skills "girl math." These articles are months old, but it's still trending. The point is that the American consumer is strong. https://www.cbsnews.com/baltimore/news/what-is-girl-math-tiktok-budgeting/ https://www.theguardian.com/lifeandstyle/2023/sep/28/girl-math-tiktok-joke-women-sexism https://www.cnbc.com/2023/08/12/girl-math-how-cash-strapped-consumers-justify-luxury-purchases.html

Loss_Leaders_LLC

Taylor Swift is a better role model for young men in STEM fields than elon

Independent_Tie_4984

I'm sixty and did the out of state thing. Pets died, lost touch with friends, and the relationship with family was never the same A four year degree is a four year degree unless you're specialized STEM or going Ivy league. 18 to 22 is an incredibly short time in the span of most people's lives and, given everything, I would have stayed close to home. Just don't get married or have a kid, cause that'll lock you there, which can suck. Get your degree close, learn, have fun, and be open to moving wherever after you graduate.

Luvs2bend_men_over

U are talking like a naive kock Why ? Because u don’t see the world as it is The rich man dicktates what goes The Peter thiels of the world want u to not afford housing and to be pay check to pay check How else could I make u come to your Coffe shop or retail job ? People like u put mental blocks up Nothing is stoping u from getting a STEM degree or CPA license 🪪 Yet u blame the system instead of yourself Nothing is stopping u from doing 20 hour door dash shifts and saving a set amount of income so I could invest in meta or NVIDA Has you done that last year U would of double your money today even triple with meta Then again I need u to serve my coffee and delivery my Amazon packages That’s how it’s works man , it was never even meant to be fair

BiznessCasual

The psychology of a bear is truly something to behold. They were the kid who was always told they were "very smart" by their parents and teachers. They did well in school with little to no effort and were probably put in the accelerated learning program at a young age. They were socially awkward; if they were a kid today, they would probably be diagnosed with some mild form of Autism Spectrum Disorder. They probably got made fun of a good amount, but they also had their small group of fellow awkward nerds to commiserate with, playing video games and whatnot. They coped with the fact that the popular kids were partying and getting laid by buying into the belief that one day, they will rise above their peers by virtue of their superior intelligence, largely because they were told that would happen by their parents and teachers. They went into college thinking it would be a great social reset for their lives because it would be a "fresh start" but were ultimately disappointed as things played out largely the same since awkward is as awkward does. Eventually, though, they graduate, usually with some sort of STEM degree, thinking "ok, *now* is my time!" They interview for job after job, getting increasingly angry as they get passed over despite their "superior intellect and qualifications." They balk when they're told that interviewing for a position is largely a social skill because it *shouldn't* be a social skill; a candidate's qualifications should be the *only* thing that matters! They're smarter than the competition! They got the grades! WHY ISN'T IT WORKING THE WAY THEY WERE TOLD IT WOULD? Eventually, they start applying for "lesser" jobs that aren't really in the field they wanted to be in because, hey, a job's a job, and they can pivot back after getting some experience. Just a setback; they'll recover! They eventually do get a job, and while it isn't what they want, at least it pays an OK salary. They work the job for a while, then start applying for promotions, just to get passed over yet again for people they deem less qualified than themselves. They never socialized at work and stubbornly refused to acknowledge that interviewing is a social skill, so the interviewing manager doesn't really know them and thinks they're kinda weird. To add insult to injury, they learn that the mid-level managers they work under are the same types of "normies" that partied and got laid in high school and college! "Why are *they* in positions of power?" they think, "They don't know the difference between their own ass and a hole in the ground!" The injustices just keep piling on! But then, they discover investing. They live a fairly spartan lifestyle and are able to dump a pretty big percentage of their pay into their investment accounts. They start out buying the index funds, being pretty risk-averse. They see their account balances go up with the market and start to see the power of investing at work. Then they start getting bolder. "*Here's* where I make up the difference! The market doesn't give a shit about your social skills; it's the *smartest* who prosper here!" They start picking individual companies and actually make some good trades, convincing themselves that, finally, their superior intellect is shining through and that they will beat the market of the common man! Then they got in relatively early on Gamestop and made what is to them very significant dollars. They've cracked the code! Vindication! They join discord groups of like-minded traders who consider themselves financial gurus to bounce ideas off each other. Inflation hits, and, almost as a hive mind, they go full bear, thinking all of the indicators point to financial ruin on a scale not seen since the Great Depression. They start buying puts banking on total collapse, which works for a little while to start out 2022, but any gains they make get wiped out by the market head-fakes on the way down. Then the market bottoms October 2022, and the bull market returns. "Eh, just another bear market rally; we'll start going back down soon." But it wasn't just another bear market rally; the market continues to head up. They keep doubling down because the "Big Bear" they see coming still hasn't happened, *but it will*; they see it coming because they're smarter than the average investor, and when it does, they'll be ready. August-October 2023 happens, giving them some gains back, and they think "this is it; the market is finally rolling over!" Then the market goes vertical on rapidly slowing inflation and strong employment numbers. Whispers of "soft landing" start gaining steam. "Poor fools really think we're heading for a soft landing?" they scoff. "They have no idea what's coming!" When the market hits the previous ATH, they think "this is it! Double Top; it's all over now!" But it wasn't all over; the market crashes through ATH. Inflation continues to reduce; employment continues to surprise to the upside; and corporate earnings keep coming in strong. But they keep doubling down on collapse because "War! Debt! Inflation (is underreported)! Job numbers are fake! P/E ratios are too damn high!" This is, to them, a fake market. They're smart; smarter than the common rabble, that's for sure. No, they're not wrong; just early. They *can't* be wrong because, if they are, what do they have left?

CokeOnBooty

Not even a traffic ticket. It’s not 2012 anymore for STEM, they just offshore the college grad level positions.

zxc123zxc123

I did go to college. Had enough credits to gradate after summer of my 3rd year and made the Dean's honor roll. It's precisely because I went to college (and a good one too) that I know that there were internships you'd have to pay to get into back then. It's not bum asses or HS dropouts who were PAYING to do unpaid internships at Mcdonalds or Walmart. They can barely make ends meet. It's fuck finance/econ/STEM guys trying to break into finance and tech who were PAYING for unpaid internships to places like the big techs or top banks (like Goldman Sachs). They can do unpaid internships and survive with no income because they were middle class enough for their parents to support them temporarily while they did those unpaid internships. Not EVERYONE who gets into GS is a rich kid from an Ivy who's dad is already a >$100M client and has multiple high net worth clients on his contacts list (named uncle X or aunt Y) at 22 right out of college. Those guys can get in the door easy and many big investment firms will hire/keep them just to keep the clients in house. But the ones that get in on merit? They have to fight and claw for it.

BlackSquirrel05

I had a ton of friends get various STEM degrees from bio to Chem to physics and you name it. Graduated 2011-13 time frame. Damn near everyone of them that wasn't a "typical" engineer EE,CE,SE,Civil, or CS/IT got a job in the field they studied until 2014ish... Some managed to get jobs in adjacent like "sales for blah blah chemical" but yeah even that far out new grads were struggling. All these people I would consider to me more intelligent than myself. Even IT stuff was rough because of 5-10 years experience entry level position... "Lol you don't know blah blah blah tech? Well you should have built yourself a home lab that cost 3-5k to learn it idiot!" All these doomer fetishist that think driving for Walmart or a forklift, or a plumber don't get how bad it goes... And think the plumbing jobs also don't dry up. Hint look at construction post recession...

Trikki1

I also finished my two STEM degrees in 2008 and ended up working in a shopping mall selling phones for 3 years before I actually got a career going in a field completely unrelated to my degrees. I don't wish that on anyone.

MattieShoes

A college degree is probably the highest returning asset you can look at, especially if it's STEM or finance. That aside, I'd throw money at a broad fund (e.g. VOO or VTI) before looking at narrower funds or individual stocks. That gives your portfolio a reasonably large base, and then if you invest in narrower funds or stocks in the future, it'll just push your allocation around a bit to be heavier in some areas, lighter in others. It's batting for average instead of home runs.

St3w1e0

Tesla's only side business is energy. $6b sales growing at 50%, 19% gross margins. Worth roughly $10-20b on peer multiples (FLNC, STEM, ENPH, RUN), maybe more as they're a leader on the utilities side. The auto business is worth at most $300-400b. So <$450b all in which is under $150.

LiquefactionAction

That's also true for a lot of tech companies. The 2020-2022 hiring blitz was fuckin' insane. Just adding >20% headcut in like a year or so during the pandemic. Even with all the recent layoffs, most tech companies are still above 2019 headcount which is rather crazy to think about. There's only a few exceptions like Twitter that are pre-2019 levels. But, the recent toilet-flushing dump of computer touchers onto the market along with the big influx of grads that happened the past several years has created a massive pool of unemployed, desperate, keyboard warriors that can't find work. This is good for tech companies stocks because it means they can hire some desperate computer toucher for like 60k instead of 350k+ TC. This is how a lot of industries ended up getting stagnanted or low-wages. It's been a long road of Obama pushing STEM and learn2code on everyone, but we're finally here boys Bullish on tech stocks now. ALL IN

ModsLove1984

Only thing i am willing to invest in as a single stock is STEM.L (Previously Sthree) Recruitment agency, buy on the way down, then wait for the yearly, biyearly spike and sell. I've made at least 180k over the last decade that way. Like clockwork, (one that isn't swiss, more like ancient egypt)

Crownlol

> don't pay attention in any high school STEM courses > barely graduate > no college > live at home > wait tables at 35 "This economy is terrible! RECESSION COMING FOR EVERYONE MAKING MORE THAN ME"

EuthanizeArty

Hydrogen is the fucking herbalite for wannabe environmentalists that didn't get a STEM degree.

tin_licker_99

What needs to happen is a poly technical institutional system where the idea is to separate the liberal arts degrees into it's own beast, then offer universal polytechnical schools. Polytech would have STEM, Medical school, Agriculture,Veterinary medicine, and Trades. Bail out all student debt in exchange for that system overhaul, and tell those who have "bad" degree they can become RNAs or go to vet school at no cost. Liberal art schools would become as difficult as Julliard to get into. It would likely be substantially easier to market the idea of a universal polytech school. The Idea that a 40 year old auto mechanic who sees the writing on the wall with EVs could go back to school to become a machinist or welder at no cost would be very enticing to red/conservative states. I would rather have some sort of universal education system instead of our current system of pay-walling lower to upper middle class jobs.

ddrt2345wert

it will depend on what you're doing for bachelors degree. what is your major? STEM can work well with a great placement during 3rd year that leads to an immediate job. Do it for 2 years at most then use GPT to write cover letter and find higher paying work

tyros

A STEM degree

tin_licker_99

I say to spur on the economy we do the following. 1. Buy out all medical debt 2.we forgive all Student debt & tell boomers that college no longer costs the equivlant to a carton of cigs. 3.recreate the college/university experience by creating poly technical schools that has STEM, Medical, Agriculture & trades. 4. Universal Polytech education.

brolybackshots

Nothing special about pencil pusher business degrees. The real hard programs to get into in Canada are coveted STEM degrees like Waterloos biomedical/software engineering, UofT engineering programs / computer science and McMaster/Queens health sci, etc

DonVergasPHD

There is a whole industry of Colleges (equivalent to US community college) that exist solely to serve as an immigration loophole. They give out low quality degrees in non-technical fields and the graduating students go on to serve coffees at Tim Hortons. Post graduate permits should only be given to skilled trades or STEM degree graduates imo

_regionrat

I need someone to make Crunchwrap supremes and install a prosthetic hip for me when I'm retired. That's the beauty of the US, we have immigration so we can can continue to have STEM workers and we have poor people homeschooling their kids so we can continue to have fry cooks.

janoycresovani

Anything renewable/EV is getting clobbered. STEM always has extremely high beta

TKO1515

Any news with STEM?

Harry_Balzek

I really do not care. It's reddit.... youre getting roasted a bit on this thread, thats all. It's all in good fun. Whats that saying... "play stupid games, win stupid prizes" Also, just state your major/ field of study... no one says STEM unless it is in reference to middle or high school. STEM is not a major and not applicable in the context you used it.

MrRegert

I’m also a STEM major at a top 10 university, so losing 2 hours every week to grocery shop is A LOT of lost time.

RajaStyle

Stuff like FLNC, STEM, and NEE?

butters1337

Recall that back then, Elon Musk was still seen as a visionary tech genius, so the "paper" he put out there made a bunch of non-STEM business people think it might work.

aletrn

It shows that investors are too dumb, lazy, or busy, to truly look into a concept. Especially one that is STEM-based and highly technical. Theranos is yet another example that fits this mold. CRSPR and the capacity to edit genes for an ideal outcome, also ludicrous. I know PhDs doing knockout mice studies that question the direct gene-to-phenotypic expression relationship. Being at the edge of science, scamming rich people, that’s where the true profit lies.