buzzdenver

23 ms·

1. 301.▲
   by buzzdenver 11y ago

   "Every time I get a memo from someone written magazine style, I literally tear it up" So they either communicate on paper, which would be stpid, or he misuses "literally", which would be ironic.
2. 302.▲
   by buzzdenver 11y ago

   What whatok said, plus there's always a less of an appetite to short a stock than to be long.
3. 303.▲
   by buzzdenver 11y ago

   Some first day pop is natural even with auctions, because the issue price has to be a lowest that buyers support. Consider a company that wants to raise $100. Suppose there are 19 buyers who value a share at all different prices from $1 to
4. 304.▲
   by buzzdenver 11y ago

   True, but you could make good money as well by having access to all IPO-s. I did the math a while back and selling the first day you could average around 10%, which is nothing to sneeze at.
5. 305.▲
   by buzzdenver 11y ago

   Layman question: what constitutes observation in the world of quantum physics ? The article suggests that stronger light means less quantum effects, but isn't observation a binary thing, so something is either watched or not.
6. 306.▲
   by buzzdenver 11y ago

   It's a little confusing though, at least for me. There are infinite integers, and "doubly-infinite" reals. But there are also only "doubly-infinite" complex numbers. IMO the easiest way to illustrate different, and
7. 307.▲
   by buzzdenver 11y ago

   Really good.