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chillacy
searching PlanetScale…
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77 ms
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751.
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chillacy
6y ago
> probably from some famous designer I mean that's it in its entirety right? Otherwise by similar reduction, a Picasso is just some acrylic on canvas.
752.
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chillacy
6y ago
> road to hell is paved with good intentions Unrelated but I really dislike this phrase because it tells us nothing, it's not actionable, nor is it accurate. The road to heaven is paved with good intentions too. There are other road
753.
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chillacy
6y ago
Hmm at a glance your comment seems to have a lot of normative assumptions baked in so it's hard to argue with anyone who doesn't share your beliefs. The comment seems to boil down to: 1. These list of behaviors are good 2. This th
754.
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chillacy
6y ago
To get really pendantic, OP never said "UBI" anywhere in the post, they said "basic income", which is very different. UBI is the dream of many advocates of BI but a BI for instance could be given only to some and not oth
755.
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chillacy
6y ago
I'm not saying that rent won't go up, but depending on the UBI scheme it probably won't go up 1:1. Rent goes up because there are more people looking for a limited resource in urban areas: if you want to work in the city you
756.
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chillacy
6y ago
I'm not the parent but I think the parent literally pasted the lines from the example as-is. As others pointed out, it's difficult to get an instance running on your own.
757.
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chillacy
6y ago
Whoops, corrected: https://www.levels.fyi/?compare=Airbnb&track=Software%20Engi... I don't know specific numbers at AirBNB or their layoff details but you would hit the equivalent L5 at other large bay area compani
758.
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by
chillacy
6y ago
To put some numbers on that, AirBNB compensation is no joke. They're paying senior engineers 200k+ base and nearly 200k stock. https://www.levels.fyi/SE/Airbnb I have (regrettably) not found many companies in othe
759.
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chillacy
6y ago
Yea as you pointed out the long term capital gains is one area where you might have a tax advantage hedging. Imagine you bought a bunch of stock 11 months ago and you want to capture profits right now, it may be cheaper to buy puts out for
760.
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chillacy
6y ago
Case in point: all the pour souls who kept buying USO a few weeks ago without understanding the details of oil futures.
761.
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chillacy
7y ago
The beautiful thing about trading is that you're either right or you're wrong. It's unforgiving in a way that punditry isn't. When you trade you have skin in the game, since past failures leave a permanent record on your
762.
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chillacy
7y ago
It would be canceled out by your losses on the SPY if you used it as a hedge
763.
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chillacy
7y ago
VXTH is an index which runs a tail risk strategy: http://www.cboe.com/products/vix-index-volatility/vix-relate... It holds the S&P500 and buys monthly call options on VIX.
764.
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chillacy
7y ago
The term I've heard used is Kurtosis Risk: https://en.wikipedia.org/wiki/Kurtosis_risk
765.
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chillacy
7y ago
I assume that there was a tax advantage at least: hedging (with puts or otherwise) lets you hold your stocks for longer.
766.
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chillacy
7y ago
On top of that a few of the FAANGs have central hiring committees which might overturn what any single hiring manager would care to do.
767.
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chillacy
7y ago
Just to put numbers on that, nothing pays off quite like science and engineering: https://studentloanhero.com/featured/majors-students-debt/
768.
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chillacy
7y ago
> They hired them to stop them from building competitors If that were true, wouldn't you have to hire every developer who could possibly build your app in a weekend to succeed at that? It just takes one to start a new competitor. Bu
769.
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chillacy
7y ago
I had a friend who worked at a milk factory. They took their 2% organic milk and piped it into cartons with different labels: brand names as well as store brands, off to be sold at various price points. To his company it didn't matter
770.
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chillacy
7y ago
Is life significantly better for retails selling through grocery or other retailers? What stops Safeway from one day selling a competing product under their store brand? And then they'd still be charging you for shelf placement.
771.
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chillacy
7y ago
I'm going to gander a wild guess and say the combination of temporary email address, proxy IP, and false UA string are likely to trip up fake account detection ML algorithms.
772.
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chillacy
7y ago
I remember those macbooks got so hot that it was physically painful to touch the metal under the screen near the magsafe charging port. That was fun.
773.
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chillacy
7y ago
Sort of reminds me of Braess's paradox: you add a new road and then overall traffic slows. More bandwidth? Larger videos. More roads? More cars. Faster processors? More abstractions.
774.
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chillacy
7y ago
Vertical integration? Even if their chips end up being a bit slower in the end, they'd probably increase their overall profit margins and get increased flexibility aligning their development cycles.
775.
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chillacy
7y ago
Supposedly the entire reason Qwerty was designed was to prevent typewriters from jamming by making the keys as disambiguous as possible, which is now ironically ideal on tiny screens.
776.
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chillacy
7y ago
Democracy definitely depends on citizens being informed enough to collectively make intelligent choices, but whether infotainment is serving that right now is debatable. In real life that happens through peer networks as much as the news.
777.
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chillacy
7y ago
China has home-grown tech for both certainly, but I don't know if the fact that everyone uses a flavor of search engine and social media proves that they're nonessential. I guess you could say search engines are nonessential like
778.
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chillacy
7y ago
One passibility is: if some people are going to work then everyone's going to have to work, or else risk falling behind. It's the prisoner's dilemma, someone who wants to stay home would end up having to go to work anyways. T
779.
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chillacy
7y ago
The tie to bubbles is important. Nobody who pumps and dumps a stock actually believes in the long term prospects of the business, and so we've labeled that kind of trading illegal in the stock market. This is pretty similar to pumping
780.
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chillacy
7y ago
Makes sense, in the short term if you have a fixed quantity of a good and demand which exceeds supply then the solution markets will find is to allocate to those with the most resources. At that point the markets are not a particularly fair
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