Digory

14 ms·

271.
by Digory 7y ago
Liability will be damned. If there's a military requisition of ventilators, the government alone sets the standards and quality. And the government alone gets to complain about violations. Maybe it wants ISO 9000, but I imagine they&
272.
by Digory 7y ago
That was yesterday. Listen to Bill Ackman today. Hilton goes to zero if this doesn't get stopped. If you own a hotel today, you should be begging the government to pay you a per diem.
273.
by Digory 7y ago
The Saudis are trying to break the back of US fracking by piling on. This won't free up room in the US economy like it used to. If you lean bearish, you’re thinking 80s oil bust, S&L Crisis, and the Spanish flu.
274.
by Digory 7y ago
The $75m was a 2018 series B. Atrium has been spending that money for 18 months, and probably quickly. So A16Z isn’t getting back anything close to $75m. Just “some.” Part of this seems like courtesy among the big boys who want to play agai
275.
by Digory 7y ago
No, they wouldn’t dominate. You can find online legal guesswork and forms for free. $300/mo is too expensive for that. But getting someone with experience to stand behind it - to risk their license, insurance, and future income — is no
276.
by Digory 7y ago
I’m glad someone took a gamble on an MVP that needed 100+ to pull off. We need more of that — 100 people is still a pretty small organization, even for law firms. We have lots of problems that need 100+ to solve. But the ability to pivot wa
277.
by Digory 7y ago
Correct. GE recognized fees up front, and pushed costs to the future. The Wall Street Journal published a massive article on GE's problems back in 2018.[0] Well worth your time, if you want to understand how big companies game their e
278.
by Digory 7y ago
There's an observed fall in flu transmission where humidity is greater -- which usually accompanies warmer weather. One theory is that water encapsulates the virus before it is breathed in, cutting aerosol transmission. [0] [0] https:&
279.
by Digory 7y ago
True, not HELOCs. I was thinking of Medicaid spend downs there. It's been a few years since I've looked at it, but if you needed nursing home care, the typical advice was to spend down your assets in a hurry to qualify for medica
280.
by Digory 7y ago
Rent. Rent is probably cheaper than ownership, except for the investment component. Because the market isn't efficient here, and because of the asset growth, owners can get a positive return even if rent doesn't pay the full mor
281.
by Digory 7y ago
Parents do take out equity to co-sign college loans. Or HELOC's to pay for their assisted-living. So the transfer is from boomers to doctors, banks, and schools. But I agree that in the anecdotes I hear about, kids of boomers rarely g
282.
by Digory 7y ago
I suppose the car crowd would say environmental factors tilt toward cars over airplanes. In the US, trains are for freight. It would cost too much to create a new passenger rail network compared to automating existing intercity roads. Now
283.
by Digory 7y ago
Isn’t one of the concerns that index funds are supposed to mimic the index’s returns, but absolutely aren’t required to track the index holdings? If absolute rebalancing was required in an S&P 500 index fund, there would not be enough
284.
by Digory 7y ago
All norms reflect a certain kinds of power. We seem to be in a period where norms are assumed to be malicious or harmful, where the majority has a moral obligation to minimize the advantages of following norms. At bottom, though, that'
285.
by Digory 7y ago
Based on the pivot language in the release, I suspect they ran smack-dab into the ethics rules. Lawyers can't directly solicit funding and M&A deals. Whatever a "Fundraise Concierge" is, it can cold call founders all day
286.
by Digory 7y ago
It depends on how the lines are drawn. If you want to plow a road through existing houses today, it gets condemned -- taken by the government, lock, stock and barrel. In a new subdivision, they'll often deed the streets over to the cit
287.
by Digory 7y ago
Likely planning on heavy withdrawals for a few years until social security kicks in. Would be interesting to imagine a world where US retirees are subject to the same safety nets as younger Americans.
288.
by Digory 7y ago
Maybe google has to pay more to make up for the being a bad place to work. Which is a bit of hyperbole, but higher pay is one way to get people to accept years of schooling, and soul-crushing busywork. You’re not paid for virtue or happin
289.
by Digory 7y ago
This was policy makers dictating to corporations, not the other way. It was a product of (1) intense focus on wage freezes during the labor shortage of World War II, and (2) the growth of unions, which focused on winning concessions from ma
290.
by Digory 7y ago
Life necessities became tied to permanent employment because of income and tax policy, not some corporate desire to control heath-care.
291.
by Digory 7y ago
The "streetlight effect"[0] appears alive and well among sociologists. [0] https://en.wikipedia.org/wiki/Streetlight_effect
292.
by Digory 7y ago
The person who gets "Uber, but for Parenting, not cars" right will make a fortune. The solutions in the article are "Medicaid, but for Parents, not doctors." What we need is "a culture with jobs that will pay enough
293.
by Digory 7y ago
This is a misunderstanding of the way US property law works. The individual is the "owner" at all times. Others can have debts secured by the property, but that does not make them the owner. When you pay off your loan, the bank&
294.
by Digory 7y ago
Very important to take care of. You’re responsible to government, investors, your team, and your customers when it fails. Not so important that the entrepreneur must do the accounting. It’s a skill that can be hired out better than other sk
295.
by Digory 7y ago
In the US, salaries are not usually described including tax, are they? When someone in the US says they make $100,000 per year, that is usually exclusive of any tax paid by the company. It is also exclusive of other benefits paid, with hea
296.
by Digory 7y ago
About 2-3% of hourly paid workers earn minimum wage. For the most part, it's not about the masses, but the skills necessary to get onto the bottom rung. As others have said elsewhere, in most cities, labor is at about $!5/hr alr
297.
by Digory 7y ago
This is about minimizing litigation risk, from the manufacturer side and the parent side. The manufacturers want to limit their exposure to any one design. If this year's cost-saving design unexpectedly doesn't work, they want to
298.
by Digory 7y ago
Lampert isn’t a genius in turnarounds. He’s a genius in the art of prolonging corporate death.
299.
by Digory 7y ago
This is apparently written from the UK perspective. It's heartbreaking that anyone feels this way, but I don't have any experience with the UK's system to know if maybe they're missing something. In the US, my sense is
300.
by Digory 7y ago
You can't get rid of "inequity" if inequity reflects different desires and choices by human beings. Beauty, strength, intelligence, youth and health are wanted by most men and women. But they are not distributed or desired e

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