bluecalm

26 ms·

361.
by bluecalm 1y ago
EU countries really like turning the screw on small business owners. They come up with all those requirements, taxes and limitations and then when they notice the world is getting ahead their idea to fix it is to raise taxes even more and c
362.
by bluecalm 1y ago
As they should as market values stocks as expected average (and time discounted) risk free rate + risk premium. This means stocks will return less in low rates environment unless there is a lot of additional growth.
363.
by bluecalm 1y ago
I am curious, why do you think lower interest rates are bad for an average person?
364.
by bluecalm 1y ago
It depends how you define "exploit". How is Jensen Huang "exploiting" others? He started a GPU company, hires a lot of people, pays some of them very well, pays others not that well. I don't think you can say he is
365.
by bluecalm 1y ago
Yes. Things you mentioned are unrelated to how he made his money.
366.
by bluecalm 1y ago
Leverage costs money and introduces risk. >>but most places have easier access to loans for real estate than investment Are there places where it's easier to get a mortgage than a margin account? Margin is also cheaper than a mo
367.
by bluecalm 1y ago
You seem to be completely clueless about the issue. There are many resources to learn about it. One very good one is Ben Felix on YouTube. Search for his owning vs renting videos and spend some time trying to understand the analysis. It wil
368.
by bluecalm 1y ago
Or less rational like tying yourself to a place, missing opportunities in professional and personal life or opportunities to experience a different life. Buying early in life is in my view almost always wrong.
369.
by bluecalm 1y ago
I was recently explaining to my non-programmer gf what programming is to me. I said that I first make some bricks and then when I have enough I try to assemble bigger bricks from small ones and then after a while build things from them. I a
370.
by bluecalm 1y ago
My experience is that most decisions aren't of the type. It's not that you're choosing fun at 20 or longer fun at 50. Investing or not. Renting a cheaper place for a while or buying a bigger house right now. A lot of the time
371.
by bluecalm 1y ago
It's a good point that renting often sucks, especially renting from private individuals. I wish EU countries were more focused on civilising renting market instead of just home ownership.
372.
by bluecalm 1y ago
It's not but it's also not about dumping money into a sink or instant consumption. You can live a fulfilling life while making good financial decisions. As money gives you freedom and more choices I would argue it's easier to
373.
by bluecalm 1y ago
Yeah but it goes for housing as well. The property owners have been winning politically for a very long time now. It doesn't mean they will keep winning in the next decade. My view is that it's very hard to envision a world where
374.
by bluecalm 1y ago
A monopoly on certificates (degrees) is causing it. It's ridiculous that an English course costs 5000$. A lot of people can do a better job teaching this material for 500$ or less but they don't have a right to issue a prestigious
375.
by bluecalm 1y ago
What about a guy who made a popular Java game in his spare time and sold it to Microsoft for 2 billion? What in that process required forgoing empathy and ethics? That's just one example. There are plenty of rich people who got there
376.
by bluecalm 1y ago
The idea is that guns are useful because it makes pacifying the population more difficult. If it's the coup or something your own army may not be willing to trade fire with civilian groups but may still be willing to engage in.softer s
377.
by bluecalm 1y ago
One thing I am wondering about is that if months on GLP drugs is going to help with self-regulation. Maybe if you force yourself to eat less for a prolonged time (2-3 years) with the help of drugs then the body internalizes eating less as t
378.
by bluecalm 1y ago
Yeah but it's meaningless. The struggle with losing weight comes from difficult to overcome hunger pangs. Advising people about calorie restriction is the same as advising an alcoholic to just stop drinking. It's easy if you can d
379.
by bluecalm 1y ago
Idk man, I find it pretty easy to eat any amount of calories. I actually gained weight when burning around 1500kcal/day on a bike during one month - way more than running 10mi/day would burn. That you find it difficult to eat enou
380.
by bluecalm 1y ago
And excessive regulation is the norm in all of those (at least US and EU, no idea about Japan).
381.
by bluecalm 1y ago
Because it's not an average speed but max speed. Higher max speed in traffic doesn't make an average speed higher because it makes the traffic less smooth. For example in Switzerland on some highways during rush hour the speed lim
382.
by bluecalm 1y ago
Looking at how they are pushing mandatory backdoors and surveillance it can only be worse than what we get now.
383.
by bluecalm 1y ago
If you think cyclists break more traffic rule than drivers your view or reality is distorted. Try looking at the data and then around. You just notice them breaking the rules because they are different than you. It's a bias worth corre
384.
by bluecalm 1y ago
Definitely didn't work for my carbon bike. It's annoying because sometimes those are put in place on very minor - major road crossings and those are dangerous to cross on red light (and the minor roads are exactly the ones you wan
385.
by bluecalm 1y ago
We have those in Poland. Sucks if you are on a bike. You need to wait for a car to turn it green for you.
386.
by bluecalm 1y ago
Yes, it's unrealistic because the plan is for people who already own property or land to extract rent from productive class, especially young people. That's why nothing every changes. Ever increasing taxes on productivity to benef
387.
by bluecalm 1y ago
>>There isn't enough private capital in the EU with the risk tolerance required to take on such a challenge independently. That can be improved by making traditional investments (real estate, land) less attractive while making in
388.
by bluecalm 1y ago
The only will you get from EU is to protect incumbents and the only plan is to make another centrally planned fund that distributes money to chosen entities. EU is very good at removing the carrot while wielding a big stick for would be ent
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by bluecalm 1y ago
Funny how EU politicians complain about dependency on American tech and the next day do something like this. It's all cheap talk anyway as they have 0 intention to make EU based alternatives possible but it's rarely in your face s
390.
by bluecalm 1y ago
There is a similar "community" of real estate investors. I've met one of them through a friend and asked a lot of questions about his business. He was "pivoting" to seminars and courses as well. I asked him why and

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