cjlars

12 ms·

91.
by cjlars 7y ago
It's much worse. The big thing with insulin is being shelf stable vs fast acting. The insulin your pancreas produces is really fast acting, but the Wal-Mart stuff is slow acting. With the fast acting stuff you can manage your blood sug
92.
by cjlars 7y ago
The difference is between GAAP profits, which are what the companies report to shareholders, and the taxable profits calculated in their IRS filings, which is full of subsidies and incentive programs. Roughly speaking, GAAP (generally accep
93.
by cjlars 8y ago
It's no secret that exercise helps with mental focus and mental stamina. Top chess players, who you could call the original pro gamers, maintain fairly strict exercise regimes: https://www.inc.com/betsy-mikel/1-thi
94.
by cjlars 8y ago
Professional gamblers are supposed to pay self employment tax, which is 15.3% (half is deductible), and then all ordinary income taxes. So that's a top federal rate of 37%, plus -- she's presumably a New York City resident -- anot
95.
by cjlars 8y ago
This article is trying a little hard to push its agenda. Collecting watches is a lot like collecting art. A well chosen collection can hold, or even increase in value over time, but most people lose money. Maintenance can be $100 / yea
96.
by cjlars 8y ago
Scott Sumner, who is a leading monetary economist and very much credentialed, has a takedown on his blog: https://www.themoneyillusion.com
97.
by cjlars 8y ago
>A hundred camels were in tow, each camel carrying hundreds of pounds of pure gold. Or around $1bn in gold assuming 500 pounds per camel at current exchange rates. As a percent of the then global GDP, this was likely well above the moder
98.
by cjlars 8y ago
I had the same moment of realization a few years ago when my workplace decided to hold a kaggle-style competition to select an ML consultancy to prioritize incoming prospective customers. The consultants had given us their sales pitch about
99.
by cjlars 8y ago
I'm many US states, loss of flexibility is the likely outcome. For example, in California you cannot pay someone for a shift lasting less than two hours. You can send them home if there's no work, but you still owe them at least t
100.
by cjlars 8y ago
The 50 day lifespan seems too low. Even if the batteries can only survive ~50 charges, the rest of the scooter will outlive the battery. Revising that number upwards skyrockets the ROI figure...
101.
by cjlars 8y ago
It's at one 'alcohol unit', defined as 10g of pure ethanol. For comparison a standard 355ml can of 4.2% ABV beer (e.g. Bud Light) contains just under 12g of pure ethanol. A 5% ABV can would be closer to 15g. So the unit of me
102.
by cjlars 8y ago
The latest medtronic offering (mentioned in the article) does this. The microcontroller and pump are integrated and there's no communication to an app. The lack of communication is a bit of a downside for people who are used to monitor
103.
by cjlars 8y ago
Ya revenue's the wrong measure though. GDP is a measure of value added, but revenue includes all sorts of passthroughs including, for example, components imported from overseas (which are part of the GDP of their origin country and ori
104.
by cjlars 8y ago
Strangely the author complains about bad comparisons but spends little time on how to make a good comparison. Here's a take on how to properly compare a company's financial flows to a country's (GDP): https://www.f
105.
by cjlars 8y ago
This idea that debts don't need to paid because they can be rolled over is pretty absurd. It's true that aggregate debt never need go to zero, but all debt has a carrying cost. Current debt expense is $310BN annually for the feder
106.
by cjlars 8y ago
The article gleefully ignores the positive side of these investments documented by the authors of the study: >We find evidence of significant ICO underpricing, with average returns of 179% from the ICO price to the first day’s opening ma
107.
by cjlars 8y ago
Wow, you're right! According to the listing on CrowdCube [1], they only sold 4.6% of the company in the offering. Scratch what I said before, the founders made off like bandits and the investors took almost all of the hit. Sadly not mu
108.
by cjlars 8y ago
A lot of people are pointing to weaknesses in the product, but it's a highly convenient little product that applies to a lot of small problems. It was never going to be a huge business, just like 2 part repair epoxy is never going to b
109.
by cjlars 8y ago
That explains the draw of SF vs Monterey, but not necessarily SF vs Houston. Why do the most prestigious cities reliably stay the most prestigious cities, if not for the prestige itself being the draw? As I said, I'm grasping a bit bec
110.
by cjlars 8y ago
I don't have a theory fully worked out for this, but I'm half convinced that rents in HCOL coastal cities fit into this framework. Sure, it's nice living in San Francisco, but you can get the same or better weather in smaller
111.
by cjlars 8y ago
I don't have the time to dig up an example, but it is a fairly common problem to run into. I went through the exercise of reviewing everything I could find related to a relatively specific business problem (marketing attribution) a few
112.
by cjlars 8y ago
They may regulate it appropriately in the end, but it sets a bad framework as precedent. Regardless, the deadweight loss from this decision is substantial. Imagine that the equilibrium number of scooters (the # the market will support, note
113.
by cjlars 8y ago
>For the first six months of the pilot, a total of 1,250 scooters may be permitted. If the first six months are successful, the total number of scooters may increase to 2,500 in months seven through 12. While I support the city's ef
114.
by cjlars 8y ago
Monosodium Glutamate (MSG) is an amino acid bound to a sodium molecule to make it into a shelf stable powder. Much like table salt (NaCl) is a sodium molecule bound to a chloride molecule to achieve the same. When they contact the water in
115.
by cjlars 9y ago
Since it's on a block chain, and there is therefore a specific coin that can be traced back to the fraudulent transaction. Can the transactions then be rolled back? Edit: Assuming the underlying ICO transaction happened in Bitcoin or s
116.
by cjlars 9y ago
IANAL, but you're describing a buy-sell agreement, which would cover what would happen to business assets in various death / divorce / firing scenarios. Often, you would agree to sell your assets back to the company in the ev
117.
by cjlars 9y ago
Your math's off, $90BN / 30k = ~$3M: https://www.google.com/search?q=90.2+billion+%2F+30000&oq=90...
118.
by cjlars 9y ago
More like "Bill Gates walks into a football stadium and the average net worth of everyone there goes up $1M"
119.
by cjlars 9y ago
Yes, but even the largest known gold heists are, for the most part, smaller than what we're seeing in bitcoin.
120.
by cjlars 9y ago
Wow! I had no idea domestic (infl. adj.) sales peaked in 2002.

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