MrPowers

30 ms·

241.
by MrPowers 6y ago
As a corollary, time spent answering StackOverflow questions or blogging is also a great way to learn. Writing code & the blogging about it is the best mix for me.
242.
by MrPowers 6y ago
I don't know much about Japanese culture, but I've heard some bars / restaurants don't even allow foreigners to enter, so I agree with your premise that being accepted depends on the culture. From what I've observed
243.
by MrPowers 6y ago
I'd say you need to be in a new place for 3+ years to stop being treated as an outsider, assuming you learn the language, get local friends, and adopt the culture in the meantime. If you can't speak the language and use local expr
244.
by MrPowers 6y ago
I'm conflicted on this one and can see both sides. The "if you visit some place, you do as the locals wish" is a bit of a slippery slope. It's hard to understand the nuances of a culture. I've been living in Colom
245.
by MrPowers 6y ago
I'm not sure the tourism boom is over. Addressing your specific points: * rising unemployment - overall employment is falling, but most digital nomad jobs haven't been impacted * remote work - this makes it easier to digital noma
246.
by MrPowers 6y ago
Snowflake and BigQuery are quite expensive for big datasets. Databricks Delta Lake has some use cases, but there are some aspects that are rough around the edges. vacuuming is very slow, the design decision to store partitioned data on dis
247.
by MrPowers 6y ago
You're right. In September 2016, Apple's market cap was around 500 billion with 45 billion of profit. Apple is currently at 1.83 trillion with 58 billion of profit. The stock price has tripled, but the profit has not. Apple&#x27
248.
by MrPowers 6y ago
Lofty tech valuations means that the "baseline" performance expectation for many companies is rapid revenue and profit growth. Apple will need to start making 100 billion a year in profit, Tesla needs to make 20 billion a year in
249.
by MrPowers 6y ago
Congress made mortgage interest payments tax deductible in 1913, which gave folks an incentive to think of houses as investments. Increasing home ownership was an express goal of the Bush Administration: https://www.youtube.com&#
250.
by MrPowers 6y ago
Aligning executive compensation with shareholder interests would also help. Stock options incentivize executives to buy back shares (boost the price, do a buy back, exercise options).
251.
by MrPowers 6y ago
Buffett, Bogel, and other famous financial folks signed a doc to overcome short-termism in 2009 that goes into more technical details: https://assets.aspeninstitute.org/content/uploads/files/cont... Modern ex
252.
by MrPowers 6y ago
Yea, the author performed an argument by selective observation in the followers section. Choosing a GitHub user from a famous TV show to prove his point makes the line of argumentation particularly fallacious. I'd need to crunch the n
253.
by MrPowers 6y ago
I follow people that are great programmers personally. I find that the famous open source programmers are typically the ones with the most followers: * BurntSushi: 4.4k followers * wesm: 9.6k followers * tj: 43.6k followers The followers s
254.
by MrPowers 6y ago
The macrotrends website says "Data are in current U.S. dollars", so the number I presented should be the real GDP growth rate. I think correcting for population growth is OK, but don't think your inflation calculation is cor
255.
by MrPowers 6y ago
LKY ruled from 1959-1990. Singapore's GDP over that time grew at a 14% compound annual growth rate: https://www.macrotrends.net/countries/SGP/singapore/gdp-gros... .
256.
by MrPowers 6y ago
Your comment seems to imply a causal relationship between monetary policy and stock valuations, which is the type of relationship economists investigate: https://www.researchgate.net/publication/322006131_A_Study_o...
257.
by MrPowers 6y ago
> P/E ratios relate to the ROI possible with other investments. Yes, but P/E ratios also relate to a lot of other factors, like human psychology > It’s likely that as the world gains more wealth that wealth will face diminis
258.
by MrPowers 6y ago
Here's the "model" that justifies a price target of $600: Vols x Price - Costs - Taxes = Net Income Net income is traditionally defined as Revenue - Expenses. From what I can tell, the Twitter formula is deriving net income f
259.
by MrPowers 6y ago
I agree with your viewpoints on bubble behavior. Robert Shiller used "bubble behavior" analyses to predict the 1999 tech bubble and the housing bubble in Irrational Exuberance. His book talks extensively about fundamentals and h
260.
by MrPowers 6y ago
CSCO is a better comparison and Siegel analyzed its valuation back in March 2000: https://www.wsj.com/articles/SB952997047343478041 Someone should use Siegel's thought framework with 2020 tech company numbers.
261.
by MrPowers 6y ago
Yep, it's possible P/E will be higher for a time. Not sure about permanently higher. The US has had dovish and hawkish central bankers in the past. If a hawk is appointed, P/E ratios might go lower. You provide a good star
262.
by MrPowers 6y ago
Tesla may be in a bubble, but this article doesn't provide a compelling argument. See Rob Arnott's analysis on Tesla for a more robust bubble argument that's based on the financials. Comparing Tesla to Bitcoin is flawed. Te
263.
by MrPowers 6y ago
Scala is unfortunately famous for having a toxic community as well. I've emailed with most of the "famous open source" Scala folks and they've all been really nice. But the subreddit seems to have some nasty folks, esp
264.
by MrPowers 6y ago
I learned Scala a few years ago and have some popular open source Scala libs. I like Scala, but wouldn't call it "eminently beginner friendly". Coming from Ruby, it was hard for me to learn SBT, Maven, Scalatest (much more
265.
by MrPowers 6y ago
These are referred to as "generic trademarks" if you're interested in learning more: https://en.wikipedia.org/wiki/Generic_trademark . Generic trademarks are studied in economics and have legal implicatio
266.
by MrPowers 6y ago
Spark 3 was released this year: https://databricks.com/blog/2020/06/18/introducing-apache-sp... Almost entirely backwards compatible with huge performance gains.
267.
by MrPowers 6y ago
Most countries follow territorial / residence based taxation. People that live in the country are taxed in that country. An Italian that lives in Italy pays tax to Italy. An Italian that lives in the US, pays tax to the US. A couple
268.
by MrPowers 6y ago
US citizens can lower their effective tax rates by moving abroad, but it's complicated. Expats can take advantage of the foreign earned income exclusion that you alluded to and are not subject to state taxes. The savings can be quite
269.
by MrPowers 6y ago
I've found that SO is great for questions that aren't too basic, but aren't too hard either. Overly basic questions get downvoted. Really hard questions don't get answered (not in the Spark niche at least). Questions
270.
by MrPowers 6y ago
I was referring to net corporate profits (revenue minus expenses) which aren't impacted by share buybacks. Share buybacks reduce the number of shares outstanding and increase the earnings per share, but don't impact net income.

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