consz

12 ms·

61.
by consz 8y ago
What's the long term stable state for American health care? Given the difference between the rate at which healthcare costs grow and the rate at which wages grow, it will only take a couple decades before the former is larger than the
62.
by consz 8y ago
Agreed, anyone who has access to this and hasn't leaked it is a collaborator.
63.
by consz 8y ago
I'm white, I wouldn't leave if I was just waiting for a friend at Starbucks and was asked to leave. If the employee threatened to call the police, I would assume they're joking and ignore him or her afterwards.
64.
by consz 9y ago
If everyone followed your advice to start a startup, how would you find employees?
65.
by consz 9y ago
Is that uncommon (when referring to other people)? I can't think of anyone where I default to using only their last name.
66.
by consz 9y ago
As someone in this industry, I agree with this post 100%. There is absolutely no moral qualms about doing this -- take as much compensation as the industry can possibly bear and get out afterwards.
67.
by consz 9y ago
In what way is your comment different from 'No True Scotsman'?
68.
by consz 9y ago
People on HN panned the hell out of Juicero, and they were right on the money. I think HN comments are probably mean zero at predicting product trends.
69.
by consz 9y ago
What is a "yearly service review"? I've had a bank account for years without ever having to talk to anyone inside or from the bank.
70.
by consz 9y ago
He was talking about his parent's quality of life -- go watch sitcoms from the 90s for that. I'm not sure how the 50s are relevant.
71.
by consz 9y ago
late 20s. Probably could retire right now; planning on retiring by 32-35. I save between 95-98% of my income. Max out all tax-advantaged accounts (401k, Roth IRA if income is low enough). No children. Easiest mechanism, by far, is to reduce
72.
by consz 9y ago
Doesn't the same thing occur in the US? I was under the impression it's always been set up so that there isn't any actual deals, just the appearance of it.
73.
by consz 9y ago
I'm in the industry. Out of curiosity, which firms do you think do a good job of not treating back-office engineers as second-class citizens?
74.
by consz 9y ago
As someone who works (hard) in the part of finance you're describing, it's a mix of a few things. From a purely intellectual standpoint, it's a very hard, very interesting quantitative/modeling problem to solve (ie. pred
75.
by consz 9y ago
I don't think I've ever personally seen a science fair in real life, and I doubt any of my friends have, so it's at least a thing that's two degrees removed from my personal experience. I could easily see, once its thats
76.
by consz 9y ago
What is the plan for when (not if) that master key leaks?
77.
by consz 9y ago
I agree, most people are just not aware. I like the machines I've seen in airports and train stations that offer currency conversions. They have 'No Fees! No commission!' posted all over them -- ignoring the fact that the bid
78.
by consz 9y ago
It's insane, borderline criminal. I knew someone who wanted to convert ~1m AUD -> USD -- and the banks were still trying to offer to do at 2-3% ! At that amount, you can open a brokerage account and trade through EBS or CNX direct
79.
by consz 9y ago
How is it any more a habit of conformity than wearing jeans and t-shirts, especially when the set of workplaces where wearing suits is the norm is smaller?
80.
by consz 9y ago
>This has never happened in economic history. Incorrect, CEO pay rapidly increased once the executive compensation of public companies was published.
81.
by consz 9y ago
Ultimately, I feel your argument boils down to "the context of my peers in my profession is not entirely identical to my own, therefore I can't use any information (such as their salary) to inform my own context". This seem
82.
by consz 9y ago
>To put it another way, you wouldn't ask for the same income from, say, Pornhub, Phillip-Morris, Google, and Watsi I don't think this is common. I would try to get the same income from all of them -- the absolute maximum they a
83.
by consz 9y ago
My understanding is VCs (as an industry) fail to beat the S&P500 returns, so no, they don't turn a profit.
84.
by consz 9y ago
>Startups all look different, so a good VC can be better than a bad VC if they just know which differences to look for. I don't think this is an obvious claim. There's no strong evidence that VCs are capable of differentiating
85.
by consz 9y ago
Not the OP, but I had a similar view when I was younger. It was a mix of (a) no errands because all of this was exported to other services, (b) no partner, most friends were also busy so I only was hanging out with friends 1-2 evenings a we
86.
by consz 9y ago
>At what point is it not about the investment about the business, and gambling about how it will go in the future(eg shorting). What, in your mind, is the difference? I think it's a reasonable viewpoint to say that all investment in
87.
by consz 9y ago
>Everything else seems likes gambling, imho, and I still can't wrap my head around why it's allowed. Let's even suppose you're right, and it is only gambling -- why should it be disallowed?
88.
by consz 9y ago
Isn't Zuck conversationally fluent in Chinese? I'd assume he's also somewhat reasonably aware of a lot of Chinese social customs (like the baby naming thing) then, too.
89.
by consz 9y ago
I believe the point is to explicitly take advantage of the fallthrough.
90.
by consz 9y ago
>You're assuming Face-ID is a detriment; however, Apple wouldn't have shipped it unless it was as at least as good as Touch-ID. What an odd argument. Couldn't you have used the same argument for removing the headphone jack

More ›