candybar

22 ms·

151.
by candybar 7y ago
Credit is something entities are willing to extend because they expect to get paid. Once you break this expectation, no one's going to lend. People and businesses have to borrow, explicitly or implicitly on an ongoing basis. Credit
152.
by candybar 7y ago
This simply doesn't work at all. First, the situation is not that dire to start with, most people and businesses can meet their obligations. We don't have anything remotely close to a financial crisis. It makes no sense to effec
153.
by candybar 7y ago
This doesn't work. Credit is an essential part of the modern economy and not everything can be shut down. For people to consume even the very basics, lots of intermediate transactions need to be made using credit and if you cease int
154.
by candybar 7y ago
Sure there's value in this sort of reassignment but what usually happens in that case is: 1) Private equity acquires the assets at bargain basement prices and proceeds to squeeze out whatever profits they can. One of the most common w
155.
by candybar 7y ago
I've never really been worried about disease outbreaks in the past but this is different. > she's got 25+ years of experience working on the front lines specializing in responding to disease outbreaks like this. She literally w
156.
by candybar 7y ago
In isolation, this is fine but if this is a harbinger of things to come, it seems quite problematic. Tobacco use is extremely strongly correlated with schizophrenia and while this would be difficult to ascertain, likely schizotypy spectrum
157.
by candybar 7y ago
I think we may be past the point where even this would work - too many startups are offering deals that are transparently awful in a way that discredits the startup ecosystem at large. I've gotten a few early-stage startup offers rece
158.
by candybar 7y ago
None of this logic applies to equity granted to employees, which are already subject to vesting. The argument you're making is actually for founder vesting, which is a separate issue.
159.
by candybar 7y ago
My understanding was that this idea of education being about learning for its own sake was from an era when only the children of the privileged class received higher education and since their future as part of the future elite was more or l
160.
by candybar 7y ago
This is a great article but I think it misses the counterpart to the professional class - moderately well-to-do small-business owners, millionaire next door types. I think these are heavily represented in the top 10%. They are not as well
161.
by candybar 7y ago
I am talking about that exact point - "not much goods or services that you can store for more than a year" and elaborating why that is an important thing to understand. The point of the GP was that the goods and services consumed
162.
by candybar 7y ago
It's important to keep in mind that the older generation that needs to be supported right now and the generations before had plenty of kids and the problem does not exist at the moment - it's more about what happens if the trends
163.
by candybar 7y ago
Money, or for that matter nearly all wealth, are claims on future production - for these claims to be worth something, others have to work. Money and other financial assets can solve a problem for yourself because the rest of the society w
164.
by candybar 7y ago
Savings glut isn't just at the level of individuals though - as long as it's in the form of savings, it doesn't matter who does it, sovereign wealth funds, pension funds, social security, insurance companies, etc. But that&#
165.
by candybar 7y ago
Interest rate has nothing to do with profitability - it's just a price that balances the supply and demand of funds and on the short end, it's heavily influenced by monetary policy and on the long end, it's heavily influenced
166.
by candybar 7y ago
Whether you put your money in a piggy bank or a bank account doesn't impact the productive capacity of an economy. Keep in mind that money can be created out of thin air and that's effectively what would happen if enough people c
167.
by candybar 7y ago
This is fair too but I think most experienced engineers for whom stack is a valid consideration have some experience with at least one dynamically typed language and one statically typed language and can self-select out of roles if they hav
168.
by candybar 7y ago
That's fair - what I meant by it being a different career isn't that skills aren't transferable at all but that you solve different kinds of problems entirely, as distinct from a difference in stack. And if you hired me then
169.
by candybar 7y ago
> Why would a company choose someone who doesn’t know the stack they are using over someone who does? Let alone 6-12 months. > Knowing the ecosystem, best practices, frameworks, etc takes longer than a few weeks. > Sure I could lea
170.
by candybar 7y ago
This depends on the company but my understanding is that in most tech companies, there's not much distinction between being an ML engineer and being a research scientist/engineer with a Ph.D, in terms of the type of work or compen
171.
by candybar 7y ago
This seems contradictory - if you're auto-rejecting CVs with information like that, you're not judging people on merit. I personally wouldn't include information like this myself and would ignore any such information on resu
172.
by candybar 7y ago
The portfolio does not allow you to compare one candidate against another and the same guy I had to fire also had a great portfolio, probably like yours and was a good fit on paper. It doesn't tell you how well the person works nor ho
173.
by candybar 7y ago
None of this proves that you're a good fit, either generally at a company or specifically on a team. Empirically, tech companies where executives and managers were mostly software engineers at one point and are considered best places
174.
by candybar 7y ago
I found this fascinating so did a bit of research: Both the National Review article and this piece ( https://www.indexoncensorship.org/2012/04/words-and-deeds/ ) by Flemming Rose credit Alan Borovoy for having
175.
by candybar 7y ago
So I do agree with most here that you shouldn't care one way or another about getting feedback and the author seems to be overreacting somewhat, I do want to share that for each of my last 3 rejections from startups, I did receive poli
176.
by candybar 7y ago
The starting point for this series is the global financial crisis and the drop seems to be driven mostly by Eastern European countries whose economies have been rapidly growing over that time period.
177.
by candybar 7y ago
Again, this doesn't really compare to Google - if somebody started up a business within Google and only had about New York Times level of success, it may very well be in danger of being shut down. New York Times has about 3 million su
178.
by candybar 7y ago
And no this is NOT nit-picking and it directly counters the entire point of the article - Google's privacy policy is long because it actually covers what is being done with the data, as opposed to the New York Times policy, which state
179.
by candybar 7y ago
New York Times is saying much more than that - they are saying that they are using an unspecified number of third parties each of which is operating independently while having potentially full access to customer data. And throwing their ha
180.
by candybar 7y ago
I'm not underestimating anything at all - how many news organizations have apps that run on Android? How many of them run Google ads? Google's privacy policy has to account for all of that. And all of that is a relatively small

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