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adamtmca
searching PlanetScale…
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13 ms
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61.
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by
adamtmca
15y ago
He didn't say the topic wasn't relevant, he said getting to an insightful comment required wading through a ton of garbage. I tend to agree. Designing comp packages that work is incredibly complicated. Anyone who proclaims some sort of blan
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adamtmca
15y ago
Thinking about them separately is a mistake. Apple is able to execute many of their designs because they can lean on their suppliers & manufacturers. Similarly apple is able to deliver high margins, price iPads at 500 etc because they m
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adamtmca
15y ago
I never understand why people try to pass judgment on a transaction like this. Their suppliers are real businesses who are capable of modelling their cash flows and deciding whether or not this is profitable. No one ever stops and says, "wa
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adamtmca
15y ago
Applied to yc with this idea couple years ago, cool to see it in production. Sharing a loyalty card with a group of friends (i.e. when anyone makes a purchase everyone gets a stamp) was one of the social features we were excited about, I'm
65.
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adamtmca
15y ago
See my response to sanderjd above. No one ever thinks wimpy bureaucrat when they hear CIA or NSA. They think security clearance, report to the president etc. Thats definitely part of the reason why the CIA can pay relatively low starting sa
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adamtmca
15y ago
It's interesting that you say that. I was actually primarily referring to the non-financial side of the employment decision which I would argue is huge. That's why I said "they want to work for big dogs rather than wimpy bureaucrats" instea
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adamtmca
15y ago
Probably also true - I think a lot of sec prosecutors end up in defence positions later. That said, I just can't see how they could ever attract or develop the financial minds required to keep up with wall street.
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adamtmca
15y ago
Case in point. Harry Markopolos is a fraud investigator who works for institutional investors "big dogs", not the SEC. He looked at Madoff's returns, the strategy they claimed they were using and took "4 hours" at home to figure out that it
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adamtmca
15y ago
I think a big part of the problem is probably talent. A hot shot kid coming out of a C.S./engineering program wants to work at Google or Facebook or a startup, not the federal government. A kid coming out of an econ/math/finance program wan
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adamtmca
15y ago
People, not computers, make financial crises. http://en.wikipedia.org/wiki/List_of_economic_crises
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adamtmca
15y ago
This article is just describing/ confusing the difference between accounting profits and economic profits. "That's a wonderful thing, but from an accounting perspective, just because you're not properly calculating expenses, doesn't mean it
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adamtmca
15y ago
I don't think there is any way Paul Carr's incoherent rambling is going to take a minute of my time away from the economist - thoughts?
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Paul Carr’s ‘The New Gambit’ Wants To Be ‘The Economist,’ But Funny
(techcrunch.com)
1 points
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adamtmca
15y ago
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2 comments
74.
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adamtmca
15y ago
Not to pile on, but: > Many people want government-run health care in the US. Legalizing illegal drugs will add to the already large amount of addicts. Do we really want more addicts in our hospitals? I also don't feel like I should be
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adamtmca
15y ago
"Unlike his contemporary, Microsoft's Bill Gates, Steve Jobs showed little inclination to use his personal wealth for philanthropic purposes." I think this is completely unfair. From what I have heard he did a great deal of philanthropy ano
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Steve Jobs: Stanford Commencement Speech
(youtube.com)
8 points
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adamtmca
15y ago
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0 comments
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Give geo and genetic engineering a fair trial
(newscientist.com)
2 points
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adamtmca
15y ago
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0 comments
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A Life Underwater
(vimeo.com)
1 points
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adamtmca
15y ago
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0 comments
79.
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adamtmca
15y ago
It's actually one of Friedman's classic arguments, poorly articulated. http://www.colorado.edu/studentgroups/libertarians/issues/fr...
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adamtmca
15y ago
SMS food ordering, iirc.
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adamtmca
15y ago
Steve Jobs in support of voucher schools: From his 1995 interview with Daniel Morrow for the Smithsonian institute. http://americanhistory.si.edu/collections/comphist/sj1.html#... SJ: I've been a very strong believer in that what we need
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adamtmca
15y ago
Exactly. Of course I wasn't asserting that in every situation you are able to choose the specialist you work with. I was pointing out that public school parents have little to no opportunity to evaluate and choose their children's teachers
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adamtmca
15y ago
While I'm sympathetic to the struggle teachers have, the line about taking advice from your child's teacher like you'd take advice from your lawyer or doctor really irked me. You can choose your lawyer, choose your doctor, choose your auto
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adamtmca
15y ago
That jumped out at me too. That feedback loop exists in every type of journalism. The Times has a great deal of influence so they get scoops, those scoops grow their influence.
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adamtmca
15y ago
Participating in later rounds with a few big name internet companies that WSJ readers would recognize isn't the same as playing catch up. Even a quick glance at their portfolio shows lots of internet companies at early stages - Path, Spotif
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adamtmca
15y ago
The whole discussion reminded me of Malcolm Gladwell's article "blowup". http://www.gladwell.com/1996/1996_01_22_a_blowup.htm
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Cockpit crisis
(www2.macleans.ca)
71 points
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adamtmca
15y ago
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37 comments
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adamtmca
15y ago
Capitalism and Freedom - Milton Friedman
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adamtmca
15y ago
Upvoted. This definition always caused me to roll my eyes when I heard it from profs, "Everything from R&D to operations falls under marketing" but it actually proves valuable; limiting your thinking about marketing to promotion and sal
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adamtmca
15y ago
Huh? They paid 1.2B to acquire those patents and Palm itself. It seems obvious that the market values those patents at somewhere < 1.2 billion. Even if they've appreciated of late, their selling price last year is probably a lot more
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