BlandDuck

7 ms·

31.
by BlandDuck 3y ago
> Is it right that I was filtered out by degree and not by capability? No, it’s not right, but it happened. It is not obvious how to find a better way to filter. In an ideal world, there would be plenty of time and resources to learn the
32.
by BlandDuck 3y ago
Pilots need to be allowed in the cockpit during flight, for very obvious reasons. The fact that he was off-duty doesn't really change the security calculation. It might as well have been an on-duty pilot that had pulled this stunt.
33.
by BlandDuck 3y ago
To be fair, there were other things on the agenda as well. The time was the height of the cold war, and 1983 was the year of the Stanislav Petrov incident that could potentially have started nuclear war. (Not to mention dealing with the Ira
34.
by BlandDuck 3y ago
I know it is popular to assume that americans are crazy and ignorant, but part of the puzzle is that there were plenty of other ways to cross the highway. There are two other bridges just a few hundred feet away (a foot being about one-thir
35.
by BlandDuck 3y ago
You are absolutely right. A few comments: - The target company doesn't "agree" to the fees. The PE fund owns the target company outright, so they can manage it however they like. It would be like saying that when you cut the
36.
by BlandDuck 3y ago
You're right, but you don't need all that ... ... when you draw the figures use in technical analysis, the predictions will depend on the relative scales you choose for the x- and y-axis. Case closed.
37.
by BlandDuck 3y ago
Trade on insider information.
38.
by BlandDuck 3y ago
I think the way to understand this is that the SEC is concerned about protecting unsophisticated regular folks from being scammed. If you started aggressively marketing your Pokemon cards, presenting them as financially sound investments, a
39.
by BlandDuck 3y ago
A couple of caveats: (1) The supply chain and risk landscapes have changed, and my anecdotal sense is that companies need larger margins to compensate. (2) Competition will generally keep abnormal profits in check. If your competitors raise
40.
by BlandDuck 3y ago
> In USA and Canada, it seems to largely be an instinct to say "Don't take off your shoes, please!" out of politeness. Yes, but then you take them off anyways, out of politeness.
41.
by BlandDuck 3y ago
Absolutely, that is a common way to refinance mortgages.
42.
by BlandDuck 3y ago
In Denmark this is a standard feature of fixed-rate mortgages. The rate for fixed rate mortgages is now around 4-5% p.a. If you had taken out a 30-year fixed rate mortgage for $100k when rates were around 1%, you can now prepay it for just
43.
by BlandDuck 3y ago
I am sorry that you feel that way. I know this is a widespread opinion. My own experience is different. I am at now a point as a researcher where I am financially secure, work on interesting problems, and have time for my wife and children.
44.
by BlandDuck 3y ago
I am a reasonably successful researcher, and I admit to neglecting my wife sometimes, especially in my early career. However, I would venture that being successful in any career --- be it research, business, politics, arts --- requires a ce
45.
by BlandDuck 3y ago
In the stock market there is a long history of regulatory protection of unsophisticated investors, starting with the Securities Act of 1933 and Securities and Exchange Act of 1934. The whole point of these acts is to protect unsophisticated
46.
by BlandDuck 3y ago
It's unbelievable that Apple hasn't been able to do better. My 'favorite' Siri 'feature' is when I ask for directions to 'home' it gives me directions to the local Home Depot.... really??? EDIT: After
47.
by BlandDuck 4y ago
About the Aeropress, I guess the question is: When I press it down (in my case, using the elbow for added pressure) how many bars can a typical user reach?
48.
by BlandDuck 4y ago
I disagree. I worry that this structure may effectively tie Powell's hands and prevent him from raising rates further. As you describe it, banks can post collateral with a market value of $75 in return for $100 of loans from the Fed. T
49.
by BlandDuck 4y ago
I should have explained better. My sense is that right now there is an implicit expectation in the market that the 250k threshold is no longer relevant, and that the FDIC is implicitly insuring everything that looks remotely like a deposit,
50.
by BlandDuck 4y ago
I agree, and I see three fallouts from this event: - Yellen folded fast, so the market will test her again (moral hazard) - Powell will hesitate to raise rates further, concerned about hidden stresses building up in the system. This was bas
51.
by BlandDuck 4y ago
"This is not a liquidity issue as long as SVB maintains their deposits, since these securities will pay out more than they cost eventually." But that's exactly the problem. With higher interest rates, those deposits will be l
52.
by BlandDuck 4y ago
I have seen the COBOL issue come up a number of times, and I just don't get it. Am I thinking about this wrong? COBOL seems to be a straightforward language by modern standards. Any programmer with experience with imperative languages
53.
by BlandDuck 4y ago
This is not correct. Not saving will leave you with nothing. Some saving will leave you with something, regardless of the inflationary and interest-rate environment. What inflation > interest implies is that you should try to place your
54.
by BlandDuck 4y ago
I have two problems with this line of reasoning. Not just this article, but this line of reasoning in general. First, it postulates that "if you want to master something, you should study the highest achievements of your field". I
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by BlandDuck 4y ago
I think the "bank run" terminology should be read as a term of art from economics and finance that describes the situation when an entity holds long-term assets against short-term liabilities, and these liabilities are called by c
56.
by BlandDuck 4y ago
Absolutely correct. There is no way this will be forgotten. The FTX estate will be want to collect all available assets, including outstanding loans to SBF, to distribute to FTX' creditors. Disbursements from FTX when it was close to i
57.
by BlandDuck 4y ago
Spot on. Warren Buffet put this succinctly: "When the tide goes out you discover who's been swimming naked."