Rury

38 ms·

421.
by Rury 5y ago
Because: <Market Cap> = <Number of Shares> * <Price per share> Market cap can change a lot, using very little money, depending on how many units or shares there are. For example: 1 million MC = 1 million shares * 1$ cost
422.
by Rury 5y ago
Sadly, I don't think there is a solution to be had (otherwise politics wouldn't a thing). Nature is just simply brutal. I think Hobbe's arguments presented in his "Leviathan" perhaps makes it most apparent, and with
423.
by Rury 5y ago
The article likely is wrong on the math, but does have logic to it. I'd imagine the amount he owes will likely be taxed as " capital gains " rather than " income ". So, it would be correct in saying he avoids paying
424.
by Rury 5y ago
I'm surprised this is news to people. The earth (and Arctic Ocean) has been warming ever since the last ice age. Places like the Great Lakes used to be frozen glaciers thousands of years ago.
425.
by Rury 5y ago
I quit my former employer earlier this year (largely due to management). They tried retaining me, however I simply think the company was a poor fit for the remainder of my career. I had worked there almost 10 years out of college. Afterward
426.
by Rury 5y ago
If he hadn't: "How come he didn't do anything to save prices when he could of at least tapped into the strategic oil reserves?"
427.
by Rury 5y ago
Inflation as a concept is actually quite simple, but predicting it, let alone forcing or stopping it isn't. This is because part of inflation has to do with what people willfully choose to do with their money (as well as when).
428.
by Rury 5y ago
I'd posit intelligence isn't what people make it out to be, and that we already have AI. People just aren't impressed by it when they learn the magic behind it, and hence disagree on that we have it. I mean, people seem to ho
429.
by Rury 5y ago
Inequality is innate to our reality. As far as resources go (e.g. land), we live in an anisotropic zero-sum world. Inequality between entities is inevitable in such worlds regardless of economic policy, and becomes more notable as more enti
430.
by Rury 5y ago
Perhaps the problem with some people is in semantics. If that's the definition of dark matter, why not use a better term that means "something that influences things on galactic scales that we can't yet explain". Calling
431.
by Rury 5y ago
Depends. If you mean people who's work involves developing software by typing instructions into a computer via a keyboard interface... and this is what entirely defines a software engineer. Then possibly. If you mean people who's
432.
by Rury 5y ago
I feel like understanding the psychological concept of flow and using it to your advantage really helps. The key really is to choosing projects/goals that will keep you in the "feel good" states. If a projects seems too overw
433.
by Rury 6y ago
>Agreed, but we don't have access to this We do have access to some info on this. https://www.nasdaq.com/market-activity/stocks/nndm/instituti... Institutional ownership increased by 21.7M shares in 2
434.
by Rury 6y ago
>Out of the top 10 mutual fund holders only FNCMX is a passive index fund Uh... KOMP is the 3rd largest holder of NNDM and a passive fund. But regardless, whether these are passive/active is besides the point. Which is that most inv
435.
by Rury 6y ago
>Institutional ownership does convey relevant information in regards to valuation, because it tells you who bought and didn't later sell, and therefore who contributed net buy flow over the last year. Institutional ownership merely
436.
by Rury 6y ago
Institutional Ownership % doesn't mean squat as far as trading activity goes. You and I could trade 1 share back and forth a billion times a day, and it wouldn't have any impact on institutional ownership %. The vast majority of t
437.
by Rury 6y ago
Nope, recent prices are largely correlated to ARK activity. Price decreases have largely been due to the 11! offerings NNDM has recently made, to tap ARK investors money. https://cathiesark.com/ark-combined-holdings-of-nndm
438.
by Rury 6y ago
Sure it is. The money you put into it is placed for you. That's passive. The fund itself may algorithmically place it in various things, but that's outside your control. Conversely, look at super undervalued companies like JKS and
439.
by Rury 6y ago
NNDM is an example. Hasn't seen any growth despite having a marketable product over their entire 8 year timeframe. Worth ~2B right now despite only making ~3.4M in revenue per year and losing ~50M per year. All thanks, to becoming apar
440.
by Rury 6y ago
Frankly, I think passive investing has ruined the fundamentals of investing and in part responsible for the poor financial health of our economy. While the idea behind passive investing may seem like a good one, people often forget it'
441.
by Rury 6y ago
Rents are not completely artificial, and you do get services for paying them. Part of it goes to paying property taxes to fund things like 911 services, local schools, libraries, public parks, sewers. Other part is for maintaining the prope
442.
by Rury 6y ago
Sure it is. As more goods get made relative to bitcoin, and more people come to exist, the prices of goods & services must come down relative to bitcoin in order to avoid liquidity crises - especially since the number of bitcoin is set
443.
by Rury 6y ago
>Yes. So what? I don't think the typical Bitcoin proponent is the kind of person to get outraged at Pareto distributions. They are against governments.. The problem here is equality. People invented and see bitcoin as a "store
444.
by Rury 6y ago
I'm sorry but you seemingly contradict yourself: >we prevented the extension of credit based on bitcoin collateral... >Which is already happening. Is in direct contradiction to: >Financial institutions are already extending
445.
by Rury 6y ago
Even without a money printer and everyone mass adopted bitcoin, massive inequality would still ensue. This is because Bitcoin is inherently deflationary. Both inflation and deflation are natural drivers of inequality... they just work in di
446.
by Rury 6y ago
>If rents are not growing at a rate that's higher than wage growth, then it is stable and thus acceptable Nonsense. Theoretically if wages and rents grew 5% in step together yoy, but most other goods increased at >100% (say house
447.
by Rury 6y ago
Ponder this. Can you ever willfully choose option C, if you never knew or had anything lead you to think that option C was even an option? Or better yet, can you willfully imagine a new color that's not in any way related to the colo
448.
by Rury 6y ago
I like how Steve Jobs explains it: https://www.youtube.com/watch?v=P4VBqTViEx4
449.
by Rury 6y ago
Right, and to add upon this - that's because all ideas originate from the senses. To demonstrate: try to imagine a new color you've never seen before that's not in any way associated to any of the colors that you've se
450.
by Rury 6y ago
The funny thing is, even when it's unintentional, people seem to attribute credit to the magician rather than the blacksmith. At my workplace, I even have situations where I explicitly tell people: "I am familiar with X and how (

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