derek

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61.
by __derek__ 4y ago
Also reported: - https://news.ycombinator.com/item?id=35278588 - https://news.ycombinator.com/item?id=35281562 - https://news.ycombinator.com/item?id=35283379 - https://news.ycom
62.
by __derek__ 4y ago
If one is worried about forgetting, this probably isn't a good hack, but it should be possible to (a) buy a T-bill or CD maturing near the balance due date and (b) use Bill Pay to schedule a payment for the balance due.
63.
by __derek__ 4y ago
You don't need to pay it off every month during the intro APR period: pay the minimum for the first N statements, then pay the full balance, and you'll pay $0 in interest or fees.
64.
by __derek__ 4y ago
If you're in the US and have good credit, you can do better by opening a credit card with a 0% APR period for 12+ months in addition to a sign-up bonus (e.g., Chase Freedom Unlimited, Amex Blue Business Plus), although that takes a lit
65.
by __derek__ 4y ago
Even if the administration believes that they will ultimately speed up these projects, some of the extra rules are pretty clearly social policy: - Requiring companies to provide child-care benefits - Boosting applicants that commit to &quot
66.
by __derek__ 4y ago
Ah, gotcha, basically the proliferation of veto points as companies grow into corporations. In its idealized state, Amazon avoided that by giving autonomy to the deeper nodes (the famous Two-Pizza Teams).
67.
by __derek__ 4y ago
No, you're not the only one:[1] > It’s important to take the time to celebrate that the VC’s attempt to gin up a banking crisis to pause rate increases failed and now they’re well and truly boned [1]: https://twitter.com&
68.
by __derek__ 4y ago
> Interesting that Amazon is as bureaucratic as it is. Isn't it Bezos himself that came up with the "multiple paths to yes" concept. Are you referring to the "1 > 2, but 2 > 0" idea? That's compatible
69.
by __derek__ 4y ago
Something conspicuous like a gold sticker and a branded pad of paper?
70.
by __derek__ 4y ago
According to the linked CFPB survey[1], 17% used BNPL at least once (and only 3% used it six times or more), so the percentage of the population using it for everyday purchases is probably small. [1]: https://files.consumerfinanc
71.
by __derek__ 4y ago
Ah, my pull-quote is confusing because it leaves out the context that the denominator here is all BNPL purchases, not all purchases. That said, you're right that this could also just be a product of new offerings, as BNPL in point-of
72.
by __derek__ 4y ago
IMO, that growth makes sense given: 1. Lower friction because more stores offer free/cheap delivery with decent CX (maybe also wider SNAP acceptance?) 2. Higher opportunity cost for low-income shoppers because of labor market gains (ma
73.
by __derek__ 4y ago
> Since 2008, the Fed has been paying interest on deposits using newly issued currency. That free money will keep entering the economy and cause inflation. The higher they raise the rates, the more free money will enter the economy. This
74.
by __derek__ 4y ago
The article notes: > everyday BNPL orders, including groceries, accounted for barely 1% of all [BNPL] purchases in 2021. Presumably the share for groceries alone didn't increase meaningfully in 2022, or that would have been noted fo
75.
by __derek__ 4y ago
Not sure what state you live in, but file a complaint with your AG's consumer affairs office.
76.
by __derek__ 4y ago
> “[...] To me the danger is that we’ll use our technology to become mutually unintelligible or to become insane if you like, in a way that we aren’t acting with enough understanding and self-interest to survive, and we die through insan
77.
by __derek__ 4y ago
Who needs ChatGPT? MattLevineBot has existed for the better part of a decade![1] [1]: https://twitter.com/mattlevinebot
78.
by __derek__ 4y ago
I read yesterday's Money Stuff last night and was amused to see Matt Levine write the same thing: > Another explanation is: They are in an industry, they hear nonpublic rumors about that industry, they compete on deals, they gossip
79.
by __derek__ 4y ago
If the insider interacts with that network and learns the information as part of doing their job , then they could be trading on information they stole from their own company's shareholders.
80.
by __derek__ 4y ago
It was "prearranged" by one month. This honestly just demonstrates how easy it is to game 10B5-1 plans. I submitted this guy's newsletter separately, but it appears that SVB also lacked a Chief Risk Officer for most of 2022
81.
by __derek__ 4y ago
Although some are filing proactively to say that they're not exposed.[1] [1]: https://twitter.com/footnoted/status/1634302156303134720
82.
by __derek__ 4y ago
Sure, Rabois will Rabois. My comment was aimed at the editorialized headline, which treats his provocative comment as fact and serves as clickbait for the article.
83.
by __derek__ 4y ago
Actual title provides better context: > Google overhired talent to do ‘fake work’ and stop them working for rivals, claims former PayPal boss Keith Rabois The submitted title makes it look like a settled fact/conclusion, but there&#
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SIVB: Held-to-Mortem Governance(nongaap.substack.com)
3 points by __derek__ 4y ago|0 comments
85.
by __derek__ 4y ago
Oh, that's disappointing, but it answers the question of how the market is defined for the quoted statistic.
86.
by __derek__ 4y ago
Can you link to research behind that? I'm really curious how this defines the "discussion" market.
87.
by __derek__ 4y ago
Folks advocating for gun and border restrictions both focus on crime (mass shootings for the former, trafficking for the latter).
88.
by __derek__ 4y ago
For Expedia, it used to be the case that they made more from someone booking via an ad on the site than they did via direct purchases. Same model as Amazon Ads, really.
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by __derek__ 4y ago
Re: banks, you can find the ads under "___ offers".[1] Ditto any "special" partnership they have, e.g., TrueCar is a popular one right now. [1]: https://thepointsguy.com/credit-cards/credit-card-merc
90.
by __derek__ 4y ago
Most homebuyers don't hold their mortgage to term, whether due to selling or refinancing (like you). All things equal, an ARM will be priced lower than a longer-term FRM, so taking out the ARM with the intention to sell or refinance wi

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