Logistics and TV companies are often touted to be the best Jobs in Torn. I have worked in both. The average wage offered now in Logistics is 3m. The average wage offered in Oil Rigs are 2m. Any logical player would work for Logistics over Oil Rigs. However, I believe that you can make more money in a 10* Oil Rig than in ANY other company, with a Lower wage (even with ZERO wage)
The reason: 10* Oil Rigs can offer an additional 50% banking limit. So instead of the usual 2B invested in your bank, you can invest 3B. Let's delve into the maths: ---- Wage income ---
Player A works in Logistics earning 3m per day Player B works in 10* Oil Rig earning 2m per day Both players have full banking merits. ---- Bank Income ----
Player A invests 2B per 90 days at 20% interest. His profit is 400m. His average profit per day is 400m / 90days = 4.44m per day
Player B invests 3B (instead of the usual 2B) per 90 days, also for 20% interest. His profit is 600m. His average daily profit is 600m / 90days = 6.66m per day --- Total Income ---
Player A: 3m (wage) + 4.44m (bank) = 7.44m daily Player B: 2m (wage) + 6.66m (bank) = 8.66m daily
Player B (Oil Rig) earns an extra 1.22m daily
---------
That alone should convince you to switch to Oil Rigs. However, Oils Rigs have another perk: You can reduce your bank investment time by 1 hour for 3 job points. This seems pointless at first but this can boost you daily bank income by 13.9%
-----
Let's return to Player B, working in a 10* Oil Rig and earning 10 job points per day.
Every day he works, he reduces his bank time by 3.33 hours (10 job points / 3 job points per hour off).This is equivalent to removing 0.1388 days or 5/36 days (fractions are better, we'll use this in a moment)
Let determine how many days this can shorten his 90 day bank investment time by:
90 - X = X * 5/36
X is the amount of days surpassed Take LHS as days left in bank investment Take RHS as the day he can remove by jobs points
When LHS and RHS are the same number, the bank investment can be completed.
For those who failed algebra, X is 79.02 days. Let's round this to 79 days.
So in summary, Player B doesn't actually invest every 90 days, he invest every 79 days. This boosts his daily income:
--- Bank Income (Revised) ---
Player A bank average daily profit 400m/90 days = 4.44m (unchanged) Player B bank average daily profit 600m/79 days = 7.59m
Player B's bank income went from 6.66m to 7.59m daily. (13.9% increase) --- Total income (Revised) ---
This post explains why I believe HRG is great long term trade:
A quick study of HRG historic price action:
In the picture below, we see HRG's historic price action since 2012. Prices have been fairly periodic - price bases out at around $370 and tops out around $480 or higher. I've counted 19 full spikes between these two price levels, although price over and undershoots these level many times.
As of today price is currently price is at $168, the lowest drawdown it has been since 2010. It broke its circa $370 base 6 months ago (Jul/Aug 20) and has not returned since. The question arises, are we witnessing an price anomaly, and HRG will return back to its historical price range? or has HRG entered a new price paradigm and will continue in this new range?
Argument 1 - Spikes:
As there has been roughly 19 spikes in 9 years, the average time between spikes is 0.47 years - say every 6 month, thus, as HRG has been in a drawdown for 6 months, it can be argued we are due for a spike soon. However, the frequency of the spikes are scattered. The shortest time between spikes is seen between Spike 8 - 10 (see image), where 3 spikes occurred in 7 months (Mar 15 to Oct 15), averaging a spike every 2.33 months. The longest time between spikes is between Spike 13 -14 where it took 2 years (Sep 16 to Sep 18) to return to its periodic behaviour .
As price has previously been in longer period of drawdown before returning back to its periodic pattern, this suggests that the current drawdown seen in the previous 6 months is NOT historically abnormal. There have also been 2 more periods of longer drawdowns - between Spikes 6-7, 16-17. Thus, I suggest it is too early to conclude that price has entered a new price paradigm. Argument 2: We've seen this before:
Here is a chart of FHG over the same time period as above:
FHG also displays a periodic price range between $350 and $420, albeit with a less frequent spike compared to HRG.
An interesting pattern to notice is the dip (see arrow) which occurred between May - Dec 19 (9 months).
FHG's price action of 1. ranging price, 2. followed by a dip, is almost identical to what we are seeing in HRG now. Thus, If HRG is to follow the same pattern as FHG, we can expect HRG to return to it range and spike as FHG did in Dec 2019.
There are also many more examples in other stocks which have shown anomalous price, and eventually reverted (see TCC June 15 and 2018, IOU 2017-19)
Recommendations:
Buy HRG, at least enough to earn the Stock BB (currently $252 million). Sell above $370. Time horizon: Can take up to 2 years for trade to play out, so be patient. Disclaimer: I could be completely wrong...
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Please Thumbs up and share if you enjoyed this post, and please share your comments, I would love to know what you guys think!
In RL, I've bought stuff, had it delivered, posted it on eBay, resold it, received payment, and delivered it - faster than its taken me to shift my HRG BB..... smh
To my fellow Torn City Economists, I'm playing with this idea - suppose I buy every single item of one kind in the Item Market for an extended period of time i.e. every Xanax listed, and I completely outbid the market for a week or so, the prices may raise to 5 or 10x. What do you think the ripple effect would be? Would chains stop? Would peace ensue? or would there be a revolt? What butterfly effects could sprout?
Also, how would a stunt like this be pulled off? How much money do you think would be needed? I would assume this would have to be highly coordinated with multiple bidders and market makers.
To my fellow Torn City Economists, I'm playing with this idea - suppose I buy every single item of one kind in the Item Market for an extended period of time i.e. every Xanax listed, and I completely outbid the market for a week or so, the prices may raise to 5 or 10x. What do you think the ripple effect would be? Would chains stop? Would peace ensue? or would there be a revolt? What butterfly effects could sprout?
Also, how would a stunt like this be pulled off? How much money do you think would be needed? I would assume this would have to be highly coordinated with multiple bidders and market makers.
I think the new stock system really balances the playing field.
Before, after you purchase the major BBs and max out your Bank, there's not many options for purchasing more passive income assets with decent ROI. The only option after that is the Caymans for 0.5% ROI per month - a big drop from the 2-3% ROI per month from the mid-tier stocks (i.e. IOU, Grain, TCC)
Hence, I always thought that the path from 100m to 1B was a hell of a lot easier than from 1B to 10B. This really smoothes out that journey.
I'm definitely happy with this new system, I have new financial goals and reasons to continuing playing.
In RL, I've bought stuff, had it delivered, posted it on eBay, resold it, received payment, and delivered it - faster than its taken me to shift my HRG BB..... smh
WLT hasn't bottomed out yet like FHG did and HRG is doing now, it recently dropped (early January). I don't expect it to rise until price finds support and stabilises for a while. I'm still bearish on WLT
MCS is incredibly bearish. The only prior support it had was at $925 from the low the 28th Sep 17. That has broken in Dec 2020 and there's no other significant support. From a technical analysis stand point, MCS is heading toward 0
Thanks for sharing, I didn't know there was such a controversy around stocks.
I may be crucified for this... but I don't think the issue is that bad. I see many players upset about the drawdowns they experienced but the price action around WLT is normal compared to the real stock markets.
WLT is currently about 33% down from its base price (circa $580). I've been through worse with my actual savings. Also, recessions in real stock market occur every 10-13 years, and have had much worse drawdowns than 33%.
Am I missing something? Or it is simply the case that some people were irresponsibly overexposed to stocks and got caught by a black swan?
This post explains why I believe HRG is great long term trade:
A quick study of HRG historic price action:
In the picture below, we see HRG's historic price action since 2012. Prices have been fairly periodic - price bases out at around $370 and tops out around $480 or higher. I've counted 19 full spikes between these two price levels, although price over and undershoots these level many times.
As of today price is currently price is at $168, the lowest drawdown it has been since 2010. It broke its circa $370 base 6 months ago (Jul/Aug 20) and has not returned since. The question arises, are we witnessing an price anomaly, and HRG will return back to its historical price range? or has HRG entered a new price paradigm and will continue in this new range?
Argument 1 - Spikes:
As there has been roughly 19 spikes in 9 years, the average time between spikes is 0.47 years - say every 6 month, thus, as HRG has been in a drawdown for 6 months, it can be argued we are due for a spike soon. However, the frequency of the spikes are scattered. The shortest time between spikes is seen between Spike 8 - 10 (see image), where 3 spikes occurred in 7 months (Mar 15 to Oct 15), averaging a spike every 2.33 months. The longest time between spikes is between Spike 13 -14 where it took 2 years (Sep 16 to Sep 18) to return to its periodic behaviour .
As price has previously been in longer period of drawdown before returning back to its periodic pattern, this suggests that the current drawdown seen in the previous 6 months is NOT historically abnormal. There have also been 2 more periods of longer drawdowns - between Spikes 6-7, 16-17. Thus, I suggest it is too early to conclude that price has entered a new price paradigm. Argument 2: We've seen this before:
Here is a chart of FHG over the same time period as above:
FHG also displays a periodic price range between $350 and $420, albeit with a less frequent spike compared to HRG.
An interesting pattern to notice is the dip (see arrow) which occurred between May - Dec 19 (9 months).
FHG's price action of 1. ranging price, 2. followed by a dip, is almost identical to what we are seeing in HRG now. Thus, If HRG is to follow the same pattern as FHG, we can expect HRG to return to it range and spike as FHG did in Dec 2019.
There are also many more examples in other stocks which have shown anomalous price, and eventually reverted (see TCC June 15 and 2018, IOU 2017-19)
Recommendations:
Buy HRG, at least enough to earn the Stock BB (currently $252 million). Sell above $370. Time horizon: Can take up to 2 years for trade to play out, so be patient. Disclaimer: I could be completely wrong...
----
Please Thumbs up and share if you enjoyed this post, and please share your comments, I would love to know what you guys think!
You're correct, TV does have that special if I'm not mistaken. Logistics also has a nice perk where you trade Job Points for gains in Defense. And I agree, these perks would be more desirable for very active players without monetary concerns.
But for myself, I am not too active and my only goal at the moment is reach 10B in networth. After you purchase the usual BBs and max out the Bank investment, it's pretty difficult to find something that can provide those same returns. I think it's much easier to get from 100M to 1B, than it is to get from 1B to 10B. So little edges such as the one discuss above can be really useful to those in a similar position to me.
Logistics and TV companies are often touted to be the best Jobs in Torn. I have worked in both. The average wage offered now in Logistics is 3m. The average wage offered in Oil Rigs are 2m. Any logical player would work for Logistics over Oil Rigs. However, I believe that you can make more money in a 10* Oil Rig than in ANY other company, with a Lower wage (even with ZERO wage)
The reason: 10* Oil Rigs can offer an additional 50% banking limit. So instead of the usual 2B invested in your bank, you can invest 3B. Let's delve into the maths: ---- Wage income ---
Player A works in Logistics earning 3m per day Player B works in 10* Oil Rig earning 2m per day Both players have full banking merits. ---- Bank Income ----
Player A invests 2B per 90 days at 20% interest. His profit is 400m. His average profit per day is 400m / 90days = 4.44m per day
Player B invests 3B (instead of the usual 2B) per 90 days, also for 20% interest. His profit is 600m. His average daily profit is 600m / 90days = 6.66m per day --- Total Income ---
Player A: 3m (wage) + 4.44m (bank) = 7.44m daily Player B: 2m (wage) + 6.66m (bank) = 8.66m daily
Player B (Oil Rig) earns an extra 1.22m daily
---------
That alone should convince you to switch to Oil Rigs. However, Oils Rigs have another perk: You can reduce your bank investment time by 1 hour for 3 job points. This seems pointless at first but this can boost you daily bank income by 13.9%
-----
Let's return to Player B, working in a 10* Oil Rig and earning 10 job points per day.
Every day he works, he reduces his bank time by 3.33 hours (10 job points / 3 job points per hour off).This is equivalent to removing 0.1388 days or 5/36 days (fractions are better, we'll use this in a moment)
Let determine how many days this can shorten his 90 day bank investment time by:
90 - X = X * 5/36
X is the amount of days surpassed Take LHS as days left in bank investment Take RHS as the day he can remove by jobs points
When LHS and RHS are the same number, the bank investment can be completed.
For those who failed algebra, X is 79.02 days. Let's round this to 79 days.
So in summary, Player B doesn't actually invest every 90 days, he invest every 79 days. This boosts his daily income:
--- Bank Income (Revised) ---
Player A bank average daily profit 400m/90 days = 4.44m (unchanged) Player B bank average daily profit 600m/79 days = 7.59m
Player B's bank income went from 6.66m to 7.59m daily. (13.9% increase) --- Total income (Revised) ---
![[image: i.ibb.co]](https://i.ibb.co/9Ycd8Hq/FHG.jpg){kind=link}