bitxbit

12 ms·

61.
by bitxbit 6y ago
On HN and elsewhere, I had same reactions. There’s not a lot of rational debate. Stock is mainly driven by short-term OTM options.
62.
by bitxbit 6y ago
Until financial institutions are regulated again, regulating big tech is a big joke.
63.
by bitxbit 6y ago
It’s by design to extract fees and etc.
64.
by bitxbit 6y ago
Here’s a thought: come up with an online payment platform with ZERO txn fees. You only pay 1% when you cash out. It can be done and it will be done.
65.
by bitxbit 6y ago
That’s an interesting take. Does Apple really lag? I think quote-unquote AI in SV has pretty much stalled in the past 3-4 years. There’s been a lot of volume in ML but nothing groundbreaking.
66.
by bitxbit 6y ago
Interestingly enough crude options went zero bound for nearly half a day before market makers started to realize their quotes were off. One of the most thrilling experiences trading in a very long time.
67.
by bitxbit 6y ago
Microsoft is not a technology company at its core. You have to look at it as a conglomerate similar to Berkshire Hathaway except MSFT focuses on investing in technology companies. The reason why this works is because their cap cost is one o
68.
by bitxbit 6y ago
I actually wouldn’t mind the subscription model if they priced you for daily use. $0.99/day to use Adobe suite would be perfect.
69.
by bitxbit 6y ago
Expected since the uptick in ad money came from all the smid companies going full e-commerce as well as new categories such as masks.
70.
by bitxbit 6y ago
I don’t think it’s at a discount at all. They’re effectively selling it at the height of the market. Even if they cut valuation in half, it’d still be at a significant premium.
71.
by bitxbit 6y ago
Go one step further and say all non-private knowledge should be free.
72.
by bitxbit 6y ago
Aside from avoiding tax, that practically limitless cash holding gives them strategic leverage in supply chain.
73.
by bitxbit 6y ago
This so much. Absorption rate could vary quite a bit and it’s nearly impossible to research and find a good source these days due to insane number of supplement manufacturers in the market (I partly blame Amazon for this).
74.
by bitxbit 6y ago
I think it would make even more sense for such a consortium to buyout AMD at this point.
75.
by bitxbit 6y ago
Anxiety induced shopping is a real thing. Leisure travel is another huge wallet share that’s been nonexistent for several months now.
76.
by bitxbit 6y ago
I strongly believe the root of modern economic malaise and inequality is the fact that our antiquated system is purely production driven.
77.
by bitxbit 6y ago
Highly recommend Poundstone’s Fortune’s Formula. Claude Shannon and Ed Thorp. This is the book (along with A Non-Random Walk Down Wall Street by Lo and MacKinlay) that got me interested in finance.
78.
by bitxbit 6y ago
A) When it’s significantly cheaper to produce vehicles outside of the US due to regulatory and labor costs, Tesla will do what’s economically rational. B) US auto manufacturing is subpar. A big reason why I liked Tesla in the beginning was
79.
by bitxbit 6y ago
Can we be realistic here? I am 100% behind zero emission electric vehicles. However, we are still 10-15 years out from even reaching the necessary infrastructure to support more than 10% market pen. Certain patents will have expired by then
80.
by bitxbit 6y ago
I don’t think patents encourage innovation at all in today’s world (and for that matter it’s questionable if they ever did). The main driver behind innovation is rarely monetary.
81.
by bitxbit 6y ago
Off topic but what would be the downside of having no patents in today’s world? I actually think it would drastically accelerate the pace of innovations.
82.
by bitxbit 6y ago
I am still pissed about their story on Elemental Technologies.
83.
by bitxbit 6y ago
August will be brutal if unemployment stimulus ends. I don’t think Washington understands the dire nature of the situation.
84.
by bitxbit 6y ago
Manufacturing quality is hard. Tesla, as a SV company, isn’t really interested in manufacturing it seems. Think they could really benefit from merging with Toyota especially at this valuation.
85.
by bitxbit 6y ago
I agree with this 100%. US higher ed is largely funded by tax (direct and indirect). International students paying full tuition, even if true, is insignificant. I think there’s been a misguided focus on admitting international students over
86.
by bitxbit 6y ago
Alternatively it’s a signal that FB no longer holds most relevant data. They used to be able to market themselves as indispensable marketing tool (and they were) but that’s changed dramatically in the past couple of years. I imagine Apple p
87.
by bitxbit 6y ago
This is something I’ve been working on the side for over a decade. A big part of the hurdle is in technologies. Just not there in terms of achieving this in a usable format.
88.
by bitxbit 6y ago
Netlify + Stripe.
89.
by bitxbit 6y ago
A bit off topic but what’s the status on any research toward leveraging audiobooks to produce text-to-speech? What are the hurdles in making it seamless and imperceptible? And what’s the “theoretical” number of recorded words/hour requ
90.
by bitxbit 6y ago
This. I simply don’t get the hype behind Shopify. They’re not making money even this year. That’s saying a lot about the business model which is why they are forced to show “fluff” top line growth through these deals. The problem Shopify so

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