Spooky23

19 ms·

331.
by Spooky23 7mo ago
He is a literally walking felony who in an era with an effective regulatory system would be at minimum barred from running public companies. If you’re not one of the nerds stuck in 2014, and still enthralled with the Elon reality field and
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by Spooky23 7mo ago
I don’t disagree, but the reality is SaaS is the model that most companies depend on and these risks exist everywhere. If your business is dependent on services you need to take a modicum of effort to protect yourself - the posts author was
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by Spooky23 7mo ago
Not for this kind of investment. If I was going to actively manage, I’d tilt the portfolio differently than S&P500.
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by Spooky23 7mo ago
I’ve been in the space for 30 years. Nobody is pressuring anyone to buy Microsoft because of FedRAMP, and Microsoft is not even close to having any advantage with respect to FedRAMP vs their competitors. FedRAMP is demonstration that the so
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by Spooky23 7mo ago
We’re regulars at a resort we go to annually. We always tip everyone generously and send notes to management about especially helpful staff. My wife was on a first name basis with our normal housekeepers, who have watched my kid grow up. We
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by Spooky23 7mo ago
That’s like saying cigarettes are the same as scented candles because both involve flame. The difference is that gambling, like cigarettes, delivers a dopamine fix. The playbook is well aligned with cigarettes — you target brands to the pop
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by Spooky23 7mo ago
The tail wags the dog. GCP and Workspace have had better FedRAMP certs for ages.
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by Spooky23 7mo ago
FedRAMP means nothing. It’s a checkbox. National security stuff has a different standard.
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by Spooky23 7mo ago
Tesla is a great example. It’s 30% retail, 25% elon and insiders, and the remainder institutional, mostly index funds. The investment thesis for Tesla is absurd. They built the market cap on hype and it got big enough that it remains a forc
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by Spooky23 7mo ago
If you have $100k, you can do it with direct indexing at Schwab. The management fee is 0.40%. I looked into it, but there are gotchas with wash sale rules and taxes. You really need $500k-$1M to avoid tracking errors. End of the day, the ov
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by Spooky23 7mo ago
Who is using Grok seriously?
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by Spooky23 7mo ago
Well, we elected a bunch of criminals, and Elon fired everyone who regulates this. The SEC was gutted like a fish, and contract terminations resulted in a large percentage of FINRA staff being laid off.
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by Spooky23 7mo ago
Alot of the problem with these “disproven” things is over broad scope or abused in the popular media beyond comprehension. The delayed gratification thing in particular is correlation vs. causation. It was really more about trust. Forcing
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by Spooky23 7mo ago
You have a baseline of prosperity and life in your head. The Heritage guys have a weird perspective where they idolize the early Federalist US and the Reagan Era. Prosperity for the common man wasn’t a highlight of either era, to put it mil
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by Spooky23 7mo ago
Sure they will. Making “$100,000” used to be a crazy milestone. Not anymore. Likewise, a millionaire isn’t a millionaire until about $10M.
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by Spooky23 7mo ago
Makes sense. If you travel regularly, you can see that in relative terms, the standard of living in the US has declined relative to many places.
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by Spooky23 7mo ago
Re: #1: https://nypost.com/2023/11/05/news/speaker-mike-johnson-shru... Re: 2: I disagree.
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by Spooky23 7mo ago
I actually didn’t know that was a thing. I was trying to cook up something quick and absurd. Truth is stranger than fiction!
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by Spooky23 7mo ago
In the Senate. You are correct. The Speaker of the House is a toady who is held in line in the house by a small cabal of super MAGA people. Given some of his unusual personal situations, (for one, he supposedly has no bank account or financ
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by Spooky23 7mo ago
Just a very real safety culture. We had an incident where a laptop with a swollen battery fell and lit up in a public way. It attracted attention and some research was done - they realized it happened a dozen times a year. Hazardous disposa
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by Spooky23 7mo ago
The same reason there’s probably some dude pitching adding AI to notepad. Fad and fashion. In the last 20 years “peer to peer”, “Uber for X”, “gamification” and now of course “AI” were the must have tech memes. Back in the day O’Reilly had
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by Spooky23 7mo ago
It’s a great way to spot phonies if you don’t have a lot of time. If you encounter someone who seems to know things but you’re not sure what or how well, check LinkedIn. If they are flexing as thought leaders, they are bullshit artists and
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by Spooky23 7mo ago
AI is driving trades, materials, real estate, all sorts of downstream stuff. The rest of the economy is dead. Oracle is dead without OpenAI. Remember that unlike the dotcom, none of these companies are public. So when it pops, you’ll see pr
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by Spooky23 7mo ago
It’s worse than that — not only are the subcontracted entities often affiliated with the owners, but when your EMTs transport a resident, the SNF “holds their spot” (ie invoices the government) for 30 days. It’s in their interest to dump th
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by Spooky23 7mo ago
Scummy people are like flies to shit - they thrive in the chaos. People buying up nursing homes are using tactics like what you’d see in the movie Goodfellas. They’ll structure the buy so that they are assuming the license to operate while
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by Spooky23 7mo ago
That’s totally doable and encouraged, as it’s by far more cost effective. But you really, really need a support system of willing people who care about you, and are savvy enough to effectively advocate for you when you lose that ability. In
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by Spooky23 7mo ago
Sorry i should have been more precise. It's some sort of enterprise kitty litter, which is probably the material you reference and costs about 5x kitty litter. ;)
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by Spooky23 7mo ago
My company distributed buckets filled with cat litter for containment to every branch office. We cut the rate of fire (already low) in half by containing compromised batteries. It’s something like 0.02%-0.03% which is significant given the
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by Spooky23 7mo ago
Stabilizing from those crashes were all about the injecting liquidity and faith and credit in the US Treasury. Hoover didn’t handle the events subsequent to 1929 well, but more out of ignorance than malice. In 2026, the POTUS, his family an
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by Spooky23 7mo ago
My understanding of the world is enhanced immensely because suckers can bet on how many times the president will reference the lips of his press secretary in a speech.

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