anthony_r

17 ms·

121.
by anthony_r 6y ago
Oh really, I thought it's super rare (like this filling strongly suggests). What are some examples?
122.
by anthony_r 6y ago
Equity "going to 0" is a consequence of a court proceeding called "bankruptcy". It is the courts of law that approve the deletion of equity. So not sure whom are you going to sue. It will not go to $0. It will simply s
123.
by anthony_r 6y ago
OP here, it is a typo. Too late to edit :(. Sorry!
124.
Hertz SEC Filing: Up to $500M Common Stock(sec.gov)
157 points by anthony_r 6y ago|189 comments
125.
by anthony_r 6y ago
I take it you've never worked in that type of an environment, with code review and (good, not necessarily perfect) test coverage. I am working in an environment like that and I regularly push 20-40 changes per week. There's no pro
126.
by anthony_r 6y ago
If this is the stated plan then I really do not understand why the stock behaves like this was the next Apple (i.e., a company with massive margins).
127.
by anthony_r 6y ago
What are you folks using this kind of stuff for? The best I can come up with is carefully studying issuers' financial reports and reaching some not very good but close enough conclusion about the state of businesses. At which point pay
128.
by anthony_r 6y ago
I present you - the EBIDTAC coffee mug: https://www.zazzle.com/ebitdac_mug-168211177356617433 It only gives brownie points if you purchased it before the blowup!
129.
by anthony_r 6y ago
That would be fair, but frankly as a user that gets the spam - I don't care. The damage to me is pretty much the same. It would be important to stress it out on the page that it may be due to security negligence/failure rather tha
130.
by anthony_r 6y ago
The short seller's biggest annoyance. Jim Chanos is probably pissed off right now that another good short will be bailed out with private capital. Uber has $9B cash on books in their latest 10-Q. I wonder if they'll burn some of t
131.
by anthony_r 6y ago
Bankruptcy is only really bad to whoever is the "bagholder". This pretty much always includes share-holders, and then depending on the extent of the event, may also include less-secured debt-holders.
132.
by anthony_r 6y ago
It's maybe an unpopular opinion but it is the truth - Robert Shiller has gathered a lot of data that confirms it (prices go along with inflation if you don't compensate for maintenance costs - meaning that the actual value depreci
133.
by anthony_r 6y ago
> Never use a credit card for credit. The only kind of credit, or debt, that is acceptable is debt to acquire something whose exchange value is extremely likely to increase, like in a home. The exchange value of most things diminishes or
134.
by anthony_r 7y ago
Have you ever seen the chart of fed funds rate with shaded recessions? https://fred.stlouisfed.org/series/FEDFUNDS
135.
by anthony_r 7y ago
It's very simple - skin in the game. Good that PG discovered this older-than-humanity principle of evolution. Heads should be rolling after a large failure like this (not necessarily literal heads). Don't tell me what you think, s
136.
by anthony_r 7y ago
What is "rational". I don't think that this theory assumes anything about "rationality". It's many of the other economic theories that are built on the pinnacle of "rationality".
137.
by anthony_r 7y ago
See also the "Austrian business cycle theory". But the bust, while clearing the economy of a lot of mal-investment, goes on for quite a painful while before the previous level of output/employment/prosperity is matched.
138.
by anthony_r 7y ago
Not sure if necessary. You can get so much funding for anything covid related, it's almost like ".com" in 90s or adding blockchain to your name more recently. But this time it's so much more urgent, so I think people wil
139.
by anthony_r 7y ago
Thank you, just donated 1k to them.
140.
by anthony_r 7y ago
Do they take donations? I'd be happy to chip in a $1000 to help destroy these scumbags.
141.
by anthony_r 7y ago
You can stick your guarantees ... somewhere. Nobody cares about them.
142.
by anthony_r 7y ago
Exactly. I don't understand why people are so avert to the word "panic". Extreme situations require extreme measures, which sure as hell look like "panic". If somebody is shooting at you - you're expected to pa
143.
by anthony_r 7y ago
Because Elon thought that the coronavirus panic is dumb. https://elonmusk.today/ https://www.thestar.com.my/tech/tech-news/2020/03/11/tesla-c...
144.
by anthony_r 7y ago
I think nobody thinks this particular thing is unfair. It's a move of desperation. It's much more ridiculous than unfair, shows you bad things really are. The borrow-buyback scheme that has been going on for years now is highly un
145.
by anthony_r 7y ago
So you think they will not roll it over indefinitely? It didn't exactly end well last time they tried to "normalize" the situation, in December 2018. It's very likely that this $1.5T (or however much will be eventually u
146.
by anthony_r 7y ago
Stuff's so bad that bailouts are needed, so it's actually good. And historic bailouts at that: the Fed announced a $1.5T cash injection over three days. Up to that point their entire balance sheet after QE1, QE2, QE3 and the not
147.
Wat – a standup on programming languages (2012)(destroyallsoftware.com)
3 points by anthony_r 7y ago|0 comments
148.
by anthony_r 7y ago
Indeed. This can be extended to other things than just programming languages. Learn what a probability space is, code up a simple neural network, get an Arduino and try to connect it to a bunch of sensors and an LCD display, etc. This will