We've been in one long cycle since 1998, continuing with the .com bubble and the GFC and finally Covid. With each one we've had to print more and do more to get out of it. Where it ends is anybodies guess...but each…
The last thing I want to do is upgrade all my TVs and audio equipment for new standards
The purpose of a company isn't to employ people. It's to take raw inputs, including employee labor, and turn that into outputs that people want. Employee relief comes in the form of voting with their feet or if they're…
Attorney General of NY looked at their books and found most of the collateral was there, although in the form of commercial paper. The risk is really in which companies debt they hold. If we see a perfect storm of…
This could read "Stock price at public companies a distraction for employees"
Saw several people at work picking up this weekend. In a company of 200 there are now over 20 in the lot and this isn't the Bay Area.
There are also a great number of people who have never spent more than $35k on a car who are buying a M3.
The car is unbelievably good coming from someone who used to drive entry-level luxury sedans. It's light years beyond anything BMW, Infiniti and Lexus have to offer.
Yes, it works very well but not for the 'wisdom of the crowds' effect. It works because the people with the most information and best models sharpen up the price. Over time, the sharpest bettors grow their bankrolls or…
Ironically, one of the core reasons for less IPOs is Sarbanes-Oxley, which was meant to protect retail investors but instead has had the second order effect of reducing the number of IPOs and limiting the available…
Are they hardware limited? It seems like the limiting factor is the convnet rather than the hardware...do they think it would be more safe with less latency?
What city was this in? The wait time was 6-8 months in Toronto for my uncle.
The quality is also better if you have insurance. Firstly, because it's easy to see a specialist. Our friends in Canada don't even know you're supposed to see specialists for a lot of ailments. Second, most facilities…
It'd be great if there was both but it's not allowed in Canada so the net effect is you get less tail outcomes, both positive and negative. For folks in the US with insurance, it's a big drop in the standard of care and…
We (my wife and I) currently pay out of pocket for them to see specialists or to get an opinion so that they can see a specialist in Canada. If we apply now, they qualify for medicare in X years and they get higher…
If you've read Debt: The first 5000 Years, historically, debt has been one of the biggest factors in enslaving the poor. I think we'd be much better off with a system of credit instead of debt. For example, maybe…
From a cost point of view, I think that's totally reasonable for most care. If you have something catastrophic and need quick access to top-notch care, you don't get that from the Canadian system and our Canadian…
I'm happy to have a public system to raise the baseline and to act as a safety net as long as there's still a private system and employers still provide insurance.
This is what scares me about the push for universal health care in the US. For the majority of the hacker news crowd with employer sponsored care, they'll see a regression to the mean and poorer overall care. I do think…
I think there's a 4th level of wealth that wasn't mentioned which is financial independence. This is independent of how you think about expenses - it's more the freedom and stress removed of knowing you don't care if…
I remember tons of free Beenz/flooz and trading them for Wendy’s, Burger King and subway gift certs - ate free for like an entire summer.
It's an internal email warning folks to be vigilant, not a press release assigning fault.
I don't really believe that he was using it as an excuse to miss production targets because a) it was an internal memo and not a public press release and b) if he was full of crap and trying to use that as an excuse,…
Agreed. In many cases, short sellers do a better job of identifying, researching, and flagging illegal behavior than government agencies charged with enforcing the rules.
You seem to have a great deal of faith in regulators. In most cases, they're under resourced, outgunned by corporate lawyers, and may have a bunch of different incentives to look the other way. Even if they do find…
We've been in one long cycle since 1998, continuing with the .com bubble and the GFC and finally Covid. With each one we've had to print more and do more to get out of it. Where it ends is anybodies guess...but each…
The last thing I want to do is upgrade all my TVs and audio equipment for new standards
The purpose of a company isn't to employ people. It's to take raw inputs, including employee labor, and turn that into outputs that people want. Employee relief comes in the form of voting with their feet or if they're…
Attorney General of NY looked at their books and found most of the collateral was there, although in the form of commercial paper. The risk is really in which companies debt they hold. If we see a perfect storm of…
This could read "Stock price at public companies a distraction for employees"
Saw several people at work picking up this weekend. In a company of 200 there are now over 20 in the lot and this isn't the Bay Area.
There are also a great number of people who have never spent more than $35k on a car who are buying a M3.
The car is unbelievably good coming from someone who used to drive entry-level luxury sedans. It's light years beyond anything BMW, Infiniti and Lexus have to offer.
Yes, it works very well but not for the 'wisdom of the crowds' effect. It works because the people with the most information and best models sharpen up the price. Over time, the sharpest bettors grow their bankrolls or…
Ironically, one of the core reasons for less IPOs is Sarbanes-Oxley, which was meant to protect retail investors but instead has had the second order effect of reducing the number of IPOs and limiting the available…
Are they hardware limited? It seems like the limiting factor is the convnet rather than the hardware...do they think it would be more safe with less latency?
What city was this in? The wait time was 6-8 months in Toronto for my uncle.
The quality is also better if you have insurance. Firstly, because it's easy to see a specialist. Our friends in Canada don't even know you're supposed to see specialists for a lot of ailments. Second, most facilities…
It'd be great if there was both but it's not allowed in Canada so the net effect is you get less tail outcomes, both positive and negative. For folks in the US with insurance, it's a big drop in the standard of care and…
We (my wife and I) currently pay out of pocket for them to see specialists or to get an opinion so that they can see a specialist in Canada. If we apply now, they qualify for medicare in X years and they get higher…
If you've read Debt: The first 5000 Years, historically, debt has been one of the biggest factors in enslaving the poor. I think we'd be much better off with a system of credit instead of debt. For example, maybe…
From a cost point of view, I think that's totally reasonable for most care. If you have something catastrophic and need quick access to top-notch care, you don't get that from the Canadian system and our Canadian…
I'm happy to have a public system to raise the baseline and to act as a safety net as long as there's still a private system and employers still provide insurance.
This is what scares me about the push for universal health care in the US. For the majority of the hacker news crowd with employer sponsored care, they'll see a regression to the mean and poorer overall care. I do think…
I think there's a 4th level of wealth that wasn't mentioned which is financial independence. This is independent of how you think about expenses - it's more the freedom and stress removed of knowing you don't care if…
I remember tons of free Beenz/flooz and trading them for Wendy’s, Burger King and subway gift certs - ate free for like an entire summer.
It's an internal email warning folks to be vigilant, not a press release assigning fault.
I don't really believe that he was using it as an excuse to miss production targets because a) it was an internal memo and not a public press release and b) if he was full of crap and trying to use that as an excuse,…
Agreed. In many cases, short sellers do a better job of identifying, researching, and flagging illegal behavior than government agencies charged with enforcing the rules.
You seem to have a great deal of faith in regulators. In most cases, they're under resourced, outgunned by corporate lawyers, and may have a bunch of different incentives to look the other way. Even if they do find…