NordSteve

7 ms·

31.
by NordSteve 2y ago
That's just the ethics training, depending on your role there's much more than that.
32.
by NordSteve 3y ago
One factor is your distance from the nearest weather radar, and nearest airport with automated weather observation. This sort of prediction is heavily dependent on whether the precip is detected by sensing. I've seen similar things in
33.
by NordSteve 3y ago
Sell the bill? Market is very liquid.
34.
by NordSteve 3y ago
If you have a team nearby, go work with a FIRST Robotics Competition team as a mentor/volunteer. Great community, you'll learn a lot, and make great connections if you want to get into this area as a career.
35.
by NordSteve 3y ago
Let's imagine you're the pilot, and you're super busy with an emergency. You also know that there are mountains to the east of the airport. You also have ATC on the radio and they know about all of the meaningful obstacles
36.
by NordSteve 3y ago
For reference, here's the support matrix for Teams on the web. https://learn.microsoft.com/en-us/microsoftteams/get-clients...
37.
by NordSteve 3y ago
My aftermarket Carplay adapter works 100% of the time. Need to make sure both the car and phone Bluetooth aren't paired, then works great.
38.
by NordSteve 3y ago
I paid about $250 for mine (made by Starkey), this included both 10db and 17db plugs. They work a lot better than the high fidelity earplugs I've tried off of Amazon. Starkey apparently retains a 3d scan of your ear canal and can mak
39.
by NordSteve 3y ago
If you're interested in how criminal punishment changed from medieval times, Medieval Crime Museum is outstanding. https://www.germany.travel/en/cities-culture/medieval-crime-...
40.
by NordSteve 3y ago
The only way I'd give one of my reports this feedback is if I'd previously heard "I'm spending all of my time helping other teams get stuff done, and it's blocking me from getting my own stuff done."
41.
by NordSteve 3y ago
Already available at most Home Depot stores. https://www.homedepot.com/c/truck_rental#load
42.
by NordSteve 3y ago
https://www.civilwarmed.org/ptsd/ discusses PTSD in the context of the American Civil War. "Abundant evidence suggests that Civil War soldiers, like their twentieth-century counterparts, exhibited symptoms that t
43.
by NordSteve 4y ago
We need to give up on the idea that there exists a reliable store of value. There is no such thing.
44.
by NordSteve 4y ago
T-bills have very short duration, so interest rate changes have smaller effect on their value. Think of the duration as a lever, the longer the lever the larger the move in value that interest rate change make.
45.
by NordSteve 4y ago
Ahh, sorry to say I'm not the person you're thinking of, Brian. That Steve passed away in 2020.
46.
by NordSteve 4y ago
I worked in the PLATO group at CDC from 1980 to 1986, both in authoring system and courseware development. The Magnavox terminal I took as salvage is now in the Computer History Museum, and I still have the wire-wrap prototype IST-3 in my s
47.
by NordSteve 4y ago
It truly is the golden era of music. There's always been an enormous amount of dross in music, with nuggets of greatness that have stood the test of time. There's both automated music discovery via services like Spotify, and suc
48.
by NordSteve 4y ago
T-bills are super liquid, have a low bid-ask spread, and are cheap to turn into cash, so there's no real need for a barter system in t-bills.
49.
by NordSteve 4y ago
It is shockingly easy for a company to mitigate the bank failure risk. 1. Open account at Fidelity 2. Purchase brokered CDs in denominations <$250K in a ladder matching your cash flow needs (you have a cash flow spreadsheet, don't y
50.
by NordSteve 4y ago
In the general case, it acts to prevent bank runs triggered by individual depositors. SVB is a special case -- a bank focused on commercial customer base.
51.
by NordSteve 4y ago
Startups have to do risk management all of the time -- it's a core activity of entrepreneurship. Can we trust this vendor? Is this new hire going to work out? Will this API vendor scale to what we need/be around in the future?
52.
by NordSteve 4y ago
To clarify: The new bank "Deposit Insurance National Bank of Santa Clara" (DINB) received "all _insured_ deposits of Silicon Valley Bank", and is intended to open for business on Monday. The remainder of SVB (including l
53.
by NordSteve 4y ago
For those who want to geek out, here's a great memo that describes the liquidation process in great detail: https://corpgov.law.harvard.edu/wp-content/uploads/2008/10/0... Someone holding a receive
54.
by NordSteve 4y ago
Most FDIC bank takeovers are slow moving crashes, allowing for a longer negotiation where buyers can evaluate the loan portfolio they are buying. This is a reaction to a classic run, so no time for that.
55.
by NordSteve 4y ago
For business banking, you want a bank that understands your business. SVB was in the first rank of banks that understood startups. Many startups aren't particularly sophisticated financially and just kept their capital in cash in the b
56.
by NordSteve 4y ago
It should not take too long to find out roughly what the uninsured depositors will receive. The investment portfolio is straightforward to liquidate. The loan portfolio will take a bit longer to sell, but it's a well-worn process. I
57.
by NordSteve 4y ago
Not entirely correct. There is still a "bad bank" which is the SVB entity (and will be wound up in bankruptcy), and the "new bank" which has all of the insured deposits.
58.
by NordSteve 4y ago
During the last couple years, SVB got a ton of deposits, and they didn't have matching loan demand. So they invested the money in bonds. Unfortunately they make a bet that interest rates would stay low, and bought longer duration (~1
59.
by NordSteve 4y ago
I can't see that happening in today's political climate. Imagine the stories juxtaposing coddled tech workers against the cost of the bailout.
60.
by NordSteve 4y ago
Because most of their depositors were business that kept >$250K (the insurance limit) in the bank.

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