bedhead

54 ms·

511.
by bedhead 12y ago
No, Uber didn't fail anyone. To the extent there's a failure somewhere, it's the monopoly the municipality holds on taxi medallions, which artificially limits supply of taxis overall.
512.
by bedhead 12y ago
Yes. My 6 y/o son has celiac and this is by far the biggest issue now. The awareness of what gluten actually is is nice, but the default assumption is now that it's someone who's voluntarily dieting, which can create some bad
513.
by bedhead 12y ago
Statistically true, but ignores causation vs correlation, which is (or at least should be) the point.
514.
by bedhead 12y ago
Poor Logitech, a company I've always had a soft spot for. They used to be the king of the peripherals and even bought Ultimate Ears for $34 million back in 2008. Their audio business is probably their lowest margin segment and now Beat
515.
Apple Confirms Its $3 Billion Deal for Beats Electronics(nytimes.com)
339 points by bedhead 12y ago|335 comments
516.
by bedhead 12y ago
COGS. HERO3 and HERO3+ cameras have lower margins. They have the fancy Ambarella 4k chips in them and volumes are still relatively low so chip prices are high without the scale. COGS is already coming down though, dropped 10% in Q1. Though
517.
by bedhead 12y ago
Male. Not sexist. Equal opportunity hater for dipshit managers.
518.
by bedhead 12y ago
There is no shortage of train wreck deals out there, that's for sure. What struck a nerve with me recently was Meyer's defense of them. It wasn't even "defense", just insistence that she and the rest of management a
519.
by bedhead 12y ago
I cant recall a luckier, more overrated CEO in my career than Marissa Mayer. She shows up right before Alibaba (and wild valuations) takes off. Dan Loeb gets involved to turbocharge the stock, which has done well solely because of Alibaba.
520.
by bedhead 12y ago
In the words of The Hold Steady: guys go for looks, girls go for status.
521.
by bedhead 12y ago
Part of the distaste is that many of these SaaS stocks are trading with valuations as if they're already at the far end of the J-curve. The market, evidently, agrees with Marc, so I'm not quite sure what he's complaining abou
522.
by bedhead 12y ago
I would phrase this another way: many things can be attempted . Getting people to actually permanently and radically change their behavior has to be one of the most difficult tasks in the world.
523.
by bedhead 12y ago
So very true, and that's what makes it so depressing. I believe many of the problems with schools are structurally unfixable because there's a powerful network effect with - for lack of a better phrase - "good people". T
524.
by bedhead 12y ago
I used Anki for French and am currently using it for Spanish. It's TERRIFIC. It's the best method for brute-force memorization of vocabulary and conjugation. While it's a bit lengthy to set it up, the creation process actuall
525.
by bedhead 12y ago
And so it continues: paid-obscenely-for-merely-showing-up. No incentive alignment, no pay for performance, no clawback for ineptitude, etc. Generally speaking, I'm quite libertarian so these things theoretically shouldn't bother m
526.
Apple hands Angela Ahrendts $68m in shares(theguardian.com)
1 points by bedhead 12y ago|1 comments
527.
by bedhead 12y ago
Yeah, pity the public decided to stop doling out astronomical valuations (and merely stratospheric ones) to companies with seas of red ink and no credible plans to make enough money - let alone any money - to justify said valuations. The
528.
by bedhead 13y ago
I manage a hedge fund, so I'm close to the issue. I have read more proxies than I care to think about, it's always the first thing I read when looking at a company. Your question about what I'm doing about it is fair, so here
529.
by bedhead 13y ago
Here's my theory on it. The main problem is that companies only use one method for determining pay: comps. That's it. They just look around at peer companies and pick a number that's average or higher. It's a perpetual a
530.
by bedhead 13y ago
It's really sad how wildly distorted executive compensation has gotten. The best phrase I heard was "entrepreneurial reward for managerial duty", and I fear it's become all-too-common. My eyes popped out of my head recen
531.
by bedhead 13y ago
Andreessen is basically just a troll, I'm tired of him.
532.
by bedhead 13y ago
Interesting. Except is it really possible for a 777 that just had its entire avionics destroyed by a fire and a total loss of cabin pressure at 35k feet to maintain relatively level and straight flight? If the fire is really that catastroph
533.
by bedhead 13y ago
Regarding that, I only know what I've read from commercial pilots and heard from a family member who's a commercial pilot in the last week, though I appreciate the accusatory tone. Besides, the circumstances make no sense...how wo
534.
by bedhead 13y ago
Shopping malls are interesting because their entire appeal is predicated on a network effect. So when something reverses that effect, whether it's demographic shifts to the area, a large tenant going out of business, or a competing mal
535.
by bedhead 13y ago
In every instance of cabin fire, even ones where the fires spread extremely quickly and are eventually fatal such as SwissAir and ValueJet, the crew contacted the ground. And this was the case even when co-pilots were literally out of their
536.
by bedhead 13y ago
Misaligned incentives in action.
537.
by bedhead 13y ago
Maybe I'm crazy, but this has a surprisingly high ick-factor to it. I dunno, it just strikes me as so pathetic and misguided and almost exploitative. These places that are so poor there is no internet connection need...Facebook? (Btw,
538.
by bedhead 13y ago
College tuition is the perfect alignment of the stars, economically speaking. There's no new supply of public universities. Reputations are extremely sticky. A college degree is often a job requirement. The highest paying jobs mostly
539.
by bedhead 13y ago
Cost per user makes EV/Sales look like an ultra-precise and dependable measure of value.
540.
by bedhead 13y ago
That's because bank infrastructure or CAD/CAM or ERP systems aren't particularly new or exciting, so there's no reason for a mania to take hold. The upside is generally known. But something like Snapchat or WhatsApp or h

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