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GDC7
searching PlanetScale…
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36 ms
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301.
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by
GDC7
5y ago
It seems to me space is a social science type bet. Much like each and every climate change related tech. There is no guarantee that the public will be interested in space or climate change 10 or 20 years from now, and space missions which a
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by
GDC7
5y ago
How much money do these developing countries have to pump the price of Bitcoin from 0 to 65k?? This is New York and San Francisco buying , don’t kid yourself. For sure it ain’t Lagos and and Caracas pumping the price to 65k
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by
GDC7
5y ago
Taxes on unrealized capital gains would force everyone subject to it to make conservative estimates. Think about it, no more hyping because if you hype and you don't deliver then you'd end up having to pay cold hard cash for what
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by
GDC7
5y ago
> Is this a joke? lol no, google: "winner effect"
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by
GDC7
5y ago
What about transdermal cream? I am interested in the domain too, but I never pulled the trigger on the exogenous T. I am at 600 but that means nothing because there's also the SHBG value and the T/Estradiol ratio and the T/DH
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by
GDC7
5y ago
You mentioned liver health. Have you looked at the state of your liver before starting the regime? AST/ALT/Ferritin etc.
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GDC7
5y ago
His platform can even run Crypto Kitties without congesting. Now they want to run crypto cities...gotta walk before you can run. How about fixing crypto kitties first? People have to pay such high fees that they are considering if it's
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by
GDC7
5y ago
> For example, I predict that people will continue to buy Coca-Cola in roughly the same volumes as they do today. And people before us swore by the fact that people would keep buying cigarettes in the same quantities.
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GDC7
5y ago
Highest bid means nothing, moratoriums on institutional ownership of housing units are not a new concept. If enough angry people are energized then the highest bid from Zillow or BlackRock or BlackStone...won't mean anything. Matter of
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GDC7
5y ago
They might not understand supply&demand and economics but they understand violence and that's all they need to. The burden of the proof is on Zillow, they are the multibillion behemoth
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GDC7
5y ago
> Let's say you have a farm, which is expected to pay $1B to investors over the next 10 years and then cease operation Expected by whom? Who gives you the certanety that they'd pay 1B/yr ? The CEO projections? That's
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by
GDC7
5y ago
Valuation for valuation's sake is kinda pointless, at the end of the day you cannot spend valuation. You spend money. Even in the long term the money you earn from your investment is dependant upon the opinion of other people. You don&
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by
GDC7
5y ago
People aren't stupid, when they see a huge discrepancy between monetary net worth and real, practical impact , they are gonna ask themselves some questions. Bezos who is now public enemy #1 in here already had to endure his time on the
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GDC7
5y ago
Sex work is in the shadows because those who do it feel the need to hide because of social stigma. In theory you could completely sidestep the legalization/decriminalization debate and straight up give social status to sex workers. How
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Jim Simons on Origins Podcast: Math, Code, Hunting Talent, Stocks and Science
(youtube.com)
6 points
by
GDC7
5y ago
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1 comments
316.
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GDC7
5y ago
> DCF is still perfectly applicable, nothing fundamental has changed. You can easily include growth into a DCF valuation. You know what makes the price of an asset? Whatever is going on in market participants brains who are bidding/
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GDC7
5y ago
We have to somehow hack ourselves and make our brains love winning/succeeding. I think we mostly don't love winning or succeeding per se, even when that happens it's not the joy of winning and succeeding as much as it is the
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GDC7
5y ago
> The value of domains at these prices are like startups. They are bought, not sold and based entirely on if a company with money wants it badly enough. Except for used cars, real estate, bonds and stocks... every other asset is "bo
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GDC7
5y ago
> We are dealing with orders of magnitude more information than we did in ancient times, and we are required to remember a good chunk of it and to be able to recall and use it at a moments notice. Surely you mean required, meaning you co
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GDC7
5y ago
I don't think there is a measurement who'd satisfy the requirement of statistical evidence. Empirically it seems to me that people nowadays are more scared of death than they are euphoric about life. All sorts of problems happen w
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GDC7
5y ago
> They often say that there's no one more hopeless than a rich junky. If they have a very large amount of money, they never hit rock bottom until they're dead. Why doesn't anyone make the argument of quality vs. quantity w
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GDC7
5y ago
> They are a car company that is slowly turning itself into a multi-faceted company. They are doing some tech like things, but they are also turning into a chemical company and an a equipment and manufacturing company. They are also an i
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GDC7
5y ago
When you advertise yourself as a tech company you are bound to be compared against other tech companies. More generally companies from every sector are compared against each other to see which one provides the highest improvement in citizen
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GDC7
5y ago
> People expect a company that's ramping up faster than any other in the history Tesla was founded in 2002, during the same timespan Facebook became ubiquitous in our lives, Google became the homepage of the world and Amazon became
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GDC7
5y ago
> Doesn't require you to believe it based on bad evidence What about the promise that you'd be able to have your present day quality of life on Mars? That's basically the equivalent of "if you pray enough and donate X
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GDC7
5y ago
But Google doesn't have just Waymo in their portfolio. Besides Musk is willing to push the company on the brink of bankruptcy and is able to convince Wall St. to allow him to do so. Larry & Sergey won't ever push Google on the
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GDC7
5y ago
Let's hope this is the case. In my experience it's very rare to find a person that has a strong overlap of book smarts and street smarts These people idolize Musk, just look around in here.
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by
GDC7
5y ago
Space is becoming a religion for atheists, with SpaceX serving the role of the church and Elon Musk in charge of it as the techno-utopian Pope. No wonder really smart people like Bill Gates, Warren Buffett and George Soros are staying out o
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GDC7
5y ago
Tesla with an inferior product will have much more money to throw at the problem vis-a-vis Waymo . Also everybody wants to work at Tesla , not so much Waymo. Unless you think there is a correlation between the IQ of people who are turned of
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GDC7
5y ago
if you don't have an established following completely forget about it. You'd just find yourself 50-100$ in the red and nobody would buy your piece of art. Actually the transaction costs might be even higher right now. You are bett
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