B4CKlash

8 ms·

31.
by B4CKlash 5y ago
I don't mean to be cynical - I ultimately want to contribute to the conversation in a meaningful way. The original article and the surrounding comments remind me of the Tyler Durden quote from Fight club: "I see all this potentia
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by B4CKlash 5y ago
<< "That's just not how US managers age leaders [are incentivized to] think." Just wanted to highlight that it's not a problem we're destined to deal with. Fix the incentives ala fix the problems.
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by B4CKlash 5y ago
It is 100% equity vs. wages. That’s how a financial statement works. Revenue – COGs – G&A – Taxes & Interest = Net income. That net income moves to the balance sheet as retained earnings. The higher the COGs & G&A cost t
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by B4CKlash 5y ago
Another term for VC is risk capital. A diligent investor will only put what they can safely risk into the market. While your correct that money indirectly represents time, you’re overlooking the incremental utility of money. An investor l
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by B4CKlash 6y ago
https://finance.yahoo.com/video/heres-why-robinhood-restrict... It sounds like FINCEN requirements require a 2-day settlement period. This period allows fractional trading to work (they pool orders and execute on day
36.
by B4CKlash 6y ago
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights,
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by B4CKlash 6y ago
“Be who you are and say what you feel, because in the end those who matter don't mind and those who mind don't matter.” ~Dr. Seuss
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by B4CKlash 6y ago
Ironic that you complain about the parent maintaining a particular set of ideology while maintaining a similar set of irrational beliefs... Just looking at your first point. Companies wield an extreme asymmetric information advantage about
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by B4CKlash 6y ago
This is a strange response. A). The parent doesn't claim morality as the foundation. B). Thriving in a capitalist system is also not a foundation for morality. C). There are no underlying structures that dictate/require the sum to
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by B4CKlash 6y ago
There's an incredible amount of uses for high quality genealogical data: -Actuaries/insurance companies: Longevity is largely heritable -Drug Development/Pharma: The newest drugs are all gene therapies and data sets provide a
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by B4CKlash 6y ago
I've only worked for larger-sized companies, but it's funny how pervasive this strategy is. When you're negotiating for something (a raise for instance) the conversation is always a personal affront to the individual respons
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by B4CKlash 6y ago
I'm certain something like Quickbooks could integrate each one of those bullet points. I think the underlying issue is not every consumer has a background in accounting. People want basic information tagging without the 'complex&
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by B4CKlash 6y ago
I have a bolt on to this conspiracy theory. How many business have reduced wages and implemented hiring freezes? It's difficult to manipulate a salary worker into shouldering more responsibility if they have choice and alternatives.
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by B4CKlash 6y ago
Just to be clear, I think move-out notice is only one area where landlords use economies of scale to their benefit. Anywho... If you're looking to price the rental market and you have a 60 day notice, you're probably look at renta
45.
by B4CKlash 6y ago
I'll add to the anecdotal evidence. I live in Denver and just resigned my lease without much in the way of increased negotiation power. I run into two main issues here: 1). Extreme information asymmetry. While many of the properties
46.
by B4CKlash 6y ago
I guess i'm not sure what you're advocating. Why are we shielding companies from consumer sentiment?
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by B4CKlash 6y ago
Voting with your wallet is an extremely powerful and simplistic tool. Generating bad PR enforces the former and informs the latter (actual voting) You make the process of handcuffing the DEA in any capacity sound easy.... but lets walk thr
48.
by B4CKlash 6y ago
I think we're having two different conversations here. 1). Are police killings worthy of worrying about? and 2). Do we have a problem with police killings; at large, in the in the ethnic communities, and are police held accountable?
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by B4CKlash 6y ago
Except there's a huge difference between malfeasance and state-sponsored racism. The former can look like the latter if you ignore statistics and you focus only on emotion.
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by B4CKlash 6y ago
I suggest you give this a listen: https://www.youtube.com/watch?v=vmgxtcbc4iU It will be difficult to hear, but it's not as cut and dry as most people are making this out to be.
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by B4CKlash 6y ago
The minimum wage hasn't increased since the 80s (when you take the inflation adjusted numbers). The lower the median wage, the higher likelihood of tax payers subsidizes for the lower "half" at the direct benefit of upper &q
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by B4CKlash 6y ago
Is this regardless of legal structure? The choice to incorporate as a corporation comes with a side effect of double taxation but the sole proprietorship doesn't... Not sure where you're based, but do the recent economic events in
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by B4CKlash 6y ago
I’ve seen a number of these ‘for and against’ conversations. One aspect that I often see overlooked is the relationship between managers and direct reports. Managers use the ‘ass in chair’ as a proxy for work load. What time did you arri
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by B4CKlash 6y ago
You're questioning the conclusion rather than the premise(s). It's problem more helpful to look at the premises rather than extrapolating into an argument about the impacts of a particular debate style on popular opinion.
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by B4CKlash 7y ago
“Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires.” ― Ronald Wright, A Short History of Progress A tax break is never a long term incentive for
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by B4CKlash 7y ago
The price of assets is directly related to interest rates. This relationship is obvious if you think about it. People borrow money cheaply, the more money that's available, the more money people have to bid up prices of assets. The
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by B4CKlash 7y ago
>>Who is to say what is the best wage? This isn't a complicated question but it's strange you're proposing it like it's unanswerable. We have plenty of models that help us understand price. I imagine you could ea
58.
by B4CKlash 8y ago
I'm sure the argument made by the ISPs is valid. It's the basic concept of supply and demand. The demand for the service provided by the ISP is extremely price agnostic. Milk & Eggs use to be this way; prices have to rise ast
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by B4CKlash 9y ago
I highly suggest checking out the a16z podcast. There's an incredible episode called "Cars and Cities, The Autonomy Edition." The podcast is pretty interesting generally, but this one reshaped my entire understanding of aut
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by B4CKlash 9y ago
This is largely a problem of "informational asymmetrics between agents," as Nassim Taleb would describe it. Or Gharrar as describe in Sharia law. "It is an extremely sophisticated term in decision theory that does not exist i

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