brenden2

33 ms·

271.
by brenden2 7y ago
It's clear to me from the way the government officials talk on TV that they mostly care about limiting the amount of damage to their political careers. It's an election year, so everyone seems to be focused on blaming someone else
272.
by brenden2 7y ago
There's a certain degree of survivorship bias. They do what gets the clicks, and what gets the clicks is what you're mostly likely to see.
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by brenden2 7y ago
I agree that encryption is "unbannable" in the same way you can't really ban a word or basic math. However, that won't stop the government from passing laws that make it hard for businesses to operate legally using thing
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by brenden2 7y ago
Yep. Just look at the top 10 companies by market cap: 1. Microsoft – mostly software 2. Apple – software and hardware 3. Amazon – mostly software 4. Alphabet – mostly software 5. Berkshire Hathaway – not tech 6. Facebook – mostly software 7
275.
by brenden2 7y ago
As a former employee, I don't agree with that. I know it's the prevailing sentiment on HN, but it's not the truth.
276.
by brenden2 7y ago
If you can afford to do it, it is indeed a great time to start a company.
277.
by brenden2 7y ago
Twitter has become so low quality that I don't even bother looking at it anymore. The interactions tend to be extremely negative, the ads are annoying and irrelevant, and most of the people who get famous tend to be celebs or narcissis
278.
by brenden2 7y ago
The whole US patent system needs to either be scrapped or rebuilt. The purpose it was originally intended to be used for doesn't make sense in a world where most new technology is just software, and software is incredibly easy to copy
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by brenden2 7y ago
This is easy to say when you have capital or access to capital. Having lived most of my life quite poor, I find it somewhat frustrating to hear things like this. When you can't afford food, rent, health insurance, etc, the last thing y
280.
by brenden2 7y ago
If I were to guess, Norway has a large number of cases because they've been very good about performing tests. The cat's out of the bag already, so at this point it's mostly about figuring out how to contain and help people re
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by brenden2 7y ago
Yes I think you're right. I will edit my posts.
282.
by brenden2 7y ago
It's not criminal in any way, it's actually pretty common for brokers to do this, particularly the free or low-cost ones. Call it market making if you want, but it's essentially the same mechanics.
283.
by brenden2 7y ago
Robinhood makes money by tailgating your orders and selling your trade history to hedge funds et al. If they make too many risky moves, it's possible that they could run out of money very quickly. That, combined with the panic from the
284.
by brenden2 7y ago
There are a lot of unhappy customers which are probably trying to get all of their money out of Robinhood ASAP, myself included. It's not unthinkable that they may run into problems and become insolvent due to the unexpected outflows.
285.
by brenden2 7y ago
I hope they aren't insolvent yet, there's a 3-6 business day waiting period for transferring your positions/balances to a different broker with ACATS. Does anyone know what happens to any open positions in the event that they
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by brenden2 7y ago
Intel has already had so many flaws and vulnerabilities that I think nothing will change. People would prefer to ignore the problem and do nothing because they don't want their businesses to implode.
287.
by brenden2 7y ago
TD Ameritrade is pretty good, as is tastyworks. Interactive Brokers is great for price and execution, but their tooling is not wonderful. For options specifically, I would go with tastyworks.
288.
by brenden2 7y ago
If I were to guess, they've probably invested heavily in building a bunch of "high availability distributed systems" when they should have just stuck to MySQL or Postgres.
289.
by brenden2 7y ago
I tried to use ARM instances on AWS, and I discovered a lot of things just don't work. For example, launching an EKS cluster with ARM nodes requires a bunch of hacks, and you can't really do anything useful with it yet. The instan
290.
by brenden2 7y ago
They like to cite points in the news because the numbers are bigger and it generates more clicks.
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by brenden2 7y ago
For questions like this, check out the Bogleheads wiki: https://www.bogleheads.org/wiki/Main_Page There's a lot of research on lump sum vs. DCA, which is summarized here: https://www.bogleheads.org&#x2F
292.
by brenden2 7y ago
It's worth noting that most people nowadays don't buy bonds directly, you would normally hold them through an ETF/index fund like BND or TLT. Yields typically drop when there's a flight to quality (i.e., people selling s
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by brenden2 7y ago
Indeed. If your goal is to become a VP at a successful startup, you're better off working on your networking/blogging/social/managerial skills than studying anything technical.
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by brenden2 7y ago
Getting to VP level at a "top startup" has little to do with data science, and everything to do with your ability to play the networking game. Depending on the size of the company, VP level jobs are more about management skills th
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by brenden2 7y ago
That sucks. Both my parents have cancer (breast & prostate). I hope your dad lives many more good years.
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by brenden2 7y ago
Interesting, but airlines aren't going to invest in upgrading their planes unless they can raise prices (and get more money). Thus, the best case scenario is that this becomes the new business class or something. The success of low-cos
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by brenden2 7y ago
A lot of people die every year for a lot of reasons. Have a look at the CDC's death statistics[1]. One interesting thing to note is that flu vaccines are widely available and quite affordable, and yet many people die every year from th
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by brenden2 7y ago
I just opened the NYTimes front page and counted the number of occurrences of "coronavirus". I counted 15 total. The biggest winners from coronavirus are going to be those who sell fear (i.e., mainstream media). I also suppose any
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by brenden2 7y ago
FWIW, I'm only interested in building businesses that could potentially be very large. VCs do indeed place massive emphasis on vanity because they live and die by reputation and perception. Twitter sentiment matters a lot when you&#x27
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by brenden2 7y ago
Thanks for the guide, although as a founder I'd say I have mostly given up on the idea of raising money from VCs. VCs care too much about vanity, and I don't fit the mold most VCs are looking for, thus they'd never invest in

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