arcticbull

5 ms·

31.
by arcticbull 6mo ago
They haven't had a genuinely good year in the last 15 years. Their TTM revenue is down 66% from what it was in 2012. In nominal dollars. In real dollars it's down 75%. https://www.macrotrends.net/stocks/char
32.
by arcticbull 6mo ago
I don't know where people get this idea. America has several sets of eminent domain laws depending on the jurisdiction. The most coercive is federal eminent domain law specifically as it relates to building infrastructure like railways
33.
by arcticbull 7mo ago
Yep this is especially true in the pre-product-market-fit phase. Most if not all of that code should be written to be thrown away. Any time you spend writing perfect code instead of your MVP is burnt runway and a chance for competitors to c
34.
by arcticbull 8mo ago
> That's an incredibly vague standard and courts have repeatedly declined to get involved Which courts? Corporate law is state-level. Delaware generally has some affordances for long-term strategic decisions.
35.
by arcticbull 8mo ago
Depends. In Michigan it is binding precedent, see Dodge v. Ford (1919). Delaware corporations must act in the interests of shareholders.
36.
by arcticbull 8mo ago
If you really want to go down that path then AI's are the product of human ingenuity and labor so you have to amortize all of that into AI training. Then numbers become pretty meaningless very quickly. That sand didn't up and star
37.
by arcticbull 8mo ago
Deaths in the Great Leap Forward were heavily concentrated as compared to the Industrial Revolution but the death tolls from IR-related famines weren't really all that far off. Industrialization was messy everywhere. The Irish Potato F
38.
by arcticbull 8mo ago
Ah right I think I was benchmarking on global entry so that’s $11.75 per year.
39.
by arcticbull 9mo ago
> "Ok then, give us $45 and you can go through." It's not pay $45 to go though, it's pay $45 for someone to take you around back and look you up based on secondary identification, and if they can't positively ide
40.
by arcticbull 9mo ago
Yeah, Swift started out fairly clear and cohesive and now it's just a katamari of every language feature ever made by anyone plus a whole bunch of home-grown features too. I'm always mixed on this because in isolation the feature
41.
by arcticbull 9mo ago
With the “up to 3-3000x+” language the plus leaves us with the entire number line.
42.
by arcticbull 9mo ago
If your argument is that most Americans should be on public transit and save the average $500,000 they spend during their lives on private vehicles then I completely agree. If you're saying "a less bad thing is still bad!" th
43.
by arcticbull 9mo ago
The F-150 alone has been Americas best selling vehicle for 47 years straight until getting dethroned by the RAV4 in 2024 (unless you add any of the other F-series trucks). It appears to be back on top in 2025.
44.
by arcticbull 9mo ago
one time a year or less was the suffix for each of these, many more people fall into the once a month or so category. The economical thing to do is buy a civic and rent a truck the one time a year you use it for truck things.
45.
by arcticbull 9mo ago
> According to Edwards’ data, 75 percent of truck owners use their truck for towing one time a year or less (meaning, never). Nearly 70 percent of truck owners go off-road one time a year or less. And a full 35 percent of truck owners us
46.
by arcticbull 9mo ago
> A pickup truck should just be max utility, especially if you're a manufacturer making your first one > 75 percent of truck owners use their truck for towing one time a year or less (meaning, never). Nearly 70 percent of truck o
47.
by arcticbull 9mo ago
An amendment requires 2/3 of the house and 2/3 of the senate -- or 34 of 50 states to call for a constitutional convention (which has never been done) -- just to float an amendment. Then 3/4 of the states have to ratify it. I
48.
by arcticbull 10mo ago
Well you see it would free up a huge amount of money that employers are currently paying to insurers. If you take that money (by raising the Medicare premium on employees), plus the existing medicaid budget, existing medicare tax and payrol
49.
by arcticbull 10mo ago
That data goes into VAERS and FAERS. You can query it in MedWatch.
50.
by arcticbull 10mo ago
Burrys critique is that the Nvidia funding deals have them investing money in a company and getting both stock in that company and their own money back to buy the chips. They then book the chip sales in revenue but they don’t show the inves
51.
by arcticbull 10mo ago
The issue is size, SRAM is 6 transistors per bit while DRAM is 1 transistor and a capacitor. Anyone who wants density starts with DRAM. There’s never been motivation to stack.
52.
by arcticbull 11mo ago
Yep, you have to start early; it regrows about 2-3 years of losses and prevents further losses.
53.
by arcticbull 11mo ago
> Most of the products on the market today were discovered by accident and have serious side effects. Topical minoxidil / finasteride has roughly zero side effects (due to the limited systemic exposure) and has something like a 90%
54.
by arcticbull 11mo ago
The cost of nuclear power is almost entirely capex and financing, not opex. Uranium input cost for nuclear power plants is 0.5c/kWh. With breeders you can divide that by about 100. At least as of a couple years ago nuclear costs just a
55.
by arcticbull 11mo ago
Treating everyone in the $100-999K income bucket as the same is pretty disingenuous. Yeah someone making $100K in the bay are is low income, nobody making just shy of $1M a year is struggling to make ends meet unless they have a serious sho
56.
by arcticbull 11mo ago
> Whatever operations Coinbase had with Bitfinex were either to support market making activity or as a service for Coinbase's institutional customers to directly access bitfinex via their platform. How do you know?
57.
by arcticbull 11mo ago
That's yet another example of denominated in USD, and converted to BTC at the last second. Obviously, because of the insane volatility.
58.
by arcticbull 11mo ago
That's not actually true, back in the day Coinbase used Bitfinex. They were using them when Bitfinex got all that BTC stolen. Technically everyone, including Coinbase, lost assets in that hack. They were large and scary enough at the t
59.
by arcticbull 11mo ago
I'm also not sure it even drives a ton of value in software engineering. It makes the easy part easier and the hard part harder. Typing out software in your mind was never the difficult part. Figuring out what to write, how to interpre
60.
by arcticbull 1y ago
Yep, it's basically a federal version of Romneycare. [1] [1] https://cdn.americanprogress.org/wp-content/uploads/issues/2... Actually come to think of it a very similar pole reversal happened in Canada w

More ›