chung8123

9 ms·

121.
by chung8123 2y ago
It is very hard to cut spending. This is why when you get a raise they say to not raise your living costs. I am sure this has been studied but going from even temporary luxury back to normal spending is tough.
122.
by chung8123 2y ago
If it were me I would do baby steps. Make it so health insurance isn't tied to your employment first.
123.
by chung8123 2y ago
Most people won't agree on what that next system is so there isn't enough momentum to change it.
124.
by chung8123 2y ago
There has been incredible inflation for items that cannot be exported in the US. Think healthcare, education and housing. Things that could be sent overseas like TVs, Computers, Clothing has seen their prices deflate. The combo of the tw
125.
by chung8123 2y ago
We don't put malaria into mosquitos to spread it.
126.
by chung8123 2y ago
They have done a ton of advancement in AI. They also have to have the infrastructure to handle so many users. I feel like they fall squarely in the tech company world.
127.
by chung8123 2y ago
We are seeing huge issues with assets inflating. Housing being one of the big ones.
128.
by chung8123 2y ago
Scientist and engineers also need to justify their desire for other people's money.
129.
by chung8123 2y ago
People also pick money over privacy. People do not turn down working at these companies. They make a ton of money to implement these systems.
130.
by chung8123 2y ago
I think "The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It" is a good book for the mindset and some of the processes around how to build the engine that is your business.
131.
by chung8123 2y ago
There is a ceiling to how much value you can add vs someone that is not getting a 30-40% bump. Your salary is going to be a formula based on the value you add to the company and their ability to find someone else to do that work for less.
132.
by chung8123 2y ago
There are a lot of people that are really bad with money. Also when you don't have a lot of money you pay what is in front of you. I think this the person above is correct, something like a prepayment with adjustment at the end is pr
133.
by chung8123 2y ago
I think it was more about family businesses where the family would have to sell the business just to pay the taxes on it. Farms are also this way.
134.
by chung8123 2y ago
This seems to only be interesting if you have a lot of money tied up in a company and would like to realize some of that money without losing control of the company. Seems like a lot of risk otherwise. One bad year could have the house of
135.
by chung8123 2y ago
Is it really that good of a risk profile? Some of these assets they are writing against are pretty volatile. I would not write a low interest loan against TSLA shares or commercial office buildings.
136.
by chung8123 2y ago
There are some companies that avoid France just because of the workers rights. There are a lot of places in Europe you can get good engineers for cheap without the rights that some countries have. For better or worse this is factored into
137.
by chung8123 2y ago
The message these recruiters are sending is that people should be jumping ship more regularly so they are not caught up in a layoff. Soon they will wonder why people are churning so much.
138.
by chung8123 2y ago
I have found at the companies I have worked for it is two things for a layoff: cutting a product/change in strategy and how much you are being paid. Layoffs for performance tend to be more one off than a massive cut. What I am most su
139.
by chung8123 2y ago
Smart Technology is great when it is gets over the hump from being dumb, to overly complicated, to being smart and easy to use. I think of my smart lights as an example. They can be dumb (switch operated), they can be overly complex (remo
140.
by chung8123 2y ago
Plus AWD can have locking differentials.
141.
by chung8123 2y ago
I wouldn't say 4WD vs AWD is the best filter but if that is all they can come up with I guess it works. Some Audi's have locking differentials and they are AWD.
142.
by chung8123 2y ago
It is a bit weird. Why do cars have to meet a certain safety standard and motorcycles do not? I try to wrap the logic in my brain and intuitively it makes sense but logically it does not (which is why we see developers making "motorc
143.
by chung8123 2y ago
Didn't Firefox come before Chrome?
144.
by chung8123 2y ago
I follow https://www.youtube.com/@Artofdrink He recreates recipes and gives the basics on how to replicate drinks.
145.
by chung8123 2y ago
I think mosquitos are the most dangerous.
146.
by chung8123 2y ago
I wish we just used NASA and the FCC dollars to build out our own Starlink. Subsidies for big companies should come with equity. These numbers we are talking about between the rural build out and the low-income subsidies probably come clo
147.
by chung8123 2y ago
It is a similar thing with climate change to be honest. We have been spending at a pace we cannot keep up with. In my mind, of course we won't have the same luxuries as our parents, they bought that life with CO2 debt.
148.
by chung8123 2y ago
It is weird to me to have so many people complain about inflation and have so many people say that our deficits won't cause inflation. We have been hiding inflation for so long and it finally hit us. Unfortunately I haven't met
149.
by chung8123 2y ago
The city needs to own those venues then and get the appropriate fee out of using them. We should not be using public money for private teams though.
150.
by chung8123 2y ago
I really appreciate blogs/articles like this. It really helps me get beyond the surface on things and I always learn something. Thanks for taking the time to share.

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