dbfclark

16 ms·

31.
by dbfclark 15y ago
The provocative headline isn't really where the article is going, but it does make a good strategic point: windows phone is failing because they've decided to split the difference between their competitors' strategies, requiring enough cont
32.
Charlie Stross on iPad Writing(antipope.org)
19 points by dbfclark 15y ago|8 comments
33.
by dbfclark 15y ago
For me, the key problem here is that these are very peripheral insiders indeed. Here's my company's study of the Enron corpus: http://blog.lumino.so/2011/11/07/enron-evil-versus-football/ Just look at all that orange at the top of the fir
34.
by dbfclark 15y ago
The real problem Hazlett ignores is the existence of market failures in the actual world. The labor market in particular is rife with failures, in areas from search costs to market power, to the point where many labor economists model the l
35.
by dbfclark 15y ago
Not necessarily -- people may want to live there in spite of the density, since not everybody is like you in turning down a 30% salary bump to avoid the big city. But it's definitely true that dense expensive places are dense and expensive
36.
by dbfclark 15y ago
Contrariwise, I'm actually in favor of CEO severance packages. A CEO can do enormous damage to a company and if the board thinks that they're doing something wrong it's very difficult to oust them on any kind of reasonable time period. Gett
37.
"I dream of another recession" guy not quite a hoax(forbes.com)
3 points by dbfclark 15y ago|1 comments
38.
by dbfclark 15y ago
http://www.forbes.com/sites/emilylambert/2011/09/27/trader-o... Is some actual reporting. He's an individual day trader, not an institutional trader of any kind. So I'd say you're pretty right.
39.
by dbfclark 15y ago
I'm afraid that doesn't fly. If a company wants to use any kind of non-GAAP financial measures in their marketing to investors they have to be disclosed and explained in the prospectus by law. That's how the prospectus works: it has to incl
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by dbfclark 15y ago
Just FYI, MassChallenge is already the Massachusetts partner of Startup America, the White House's initiative to promote entrepreneurship. I think they know.
41.
by dbfclark 15y ago
The point here is really about what you might call advertising economies of scale -- if one good nets its producer $10 per sale and another $100/sale but the price and effectiveness of advertising are the same, it's much more exciting to ad
42.
by dbfclark 15y ago
"That said, I don't think this error was made in this article, and that the 47.62 is the net, effective tax burden." Nope, he says it's the marginal rate. See my comment above.
43.
by dbfclark 15y ago
Several points from a NYC taxpayer: 47.62% is the top marginal fully loaded tax rate on ordinary income. That is, 35% individual federal plus 8.97% state tax plus 3.88% city, less rounding and maybe a few dollars of unused credits. This is
44.
by dbfclark 15y ago
At the peril of being annoying long after the fact, I did read the post, and he does have a point that's a little deeper than your rejoinder: wine does not have the competition-destroying superstar effect we see in categories with less cons
45.
by dbfclark 15y ago
The quick answer is "no, it doesn't, nothing does": http://cscs.umich.edu/~crshalizi/weblog/491.html The better answer emerges if you think about the example a little more closely. The big power law brands driven by customer appreciation
46.
by dbfclark 15y ago
My answer would be "no," since rather than buying just a small piece of your movie idea, Amazon studios options the entire thing immediately. Their arrangement is "if we decide we want to make your movie, we will pay you $200k and that's al
47.
by dbfclark 15y ago
A single payer NHS actually does change the overall cost of healthcare: the UK pays about half as much per person as the US does for its healthcare system as a whole with no noticeable difference in measured effects. The reason is simply ma
48.
by dbfclark 16y ago
The real thought here, I think, is that adoption drives hardware improvement -- only if you're selling a hojillion chips can you make them cheap, good, and profitable. From this perspective, what you'd want to say is that large market share
49.
by dbfclark 16y ago
Kind of what's going on here is that only very successful companies face a large enough impact from the tax that exercising the option of exit is at all attractive. Say your SF startup was being acquired for $50mm, $10mm of which is employe
50.
by dbfclark 16y ago
One recalls http://www.abc.net.au/news/stories/2010/09/17/3014462.htm which may be pertinent. The fundamental truth is still the Tim O'Reily aphorism that the main enemy of most authors isn't piracy but obscurity. There's some sense in wh
51.
by dbfclark 16y ago
Is it actually the case that filtered replication can be used cleanly for access control now? My understanding from the various docs was that currently you can write a filter but not require that users replicate through it -- that is, if yo
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by dbfclark 16y ago
I definitely enjoyed Royden a lot -- I got through my real analysis qual back in grad school using Royden to teach myself essentially all of the material. Readable and excellent. And as to minds heading the analysis way: I'm about as algebr
53.
Should you go to an Ivy League school?(gnxp.com)
1 points by dbfclark 16y ago|0 comments
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Quant Hedge Fund D.E. Shaw Fires 150; 10% of staff(dealbook.blogs.nytimes.com)
59 points by dbfclark 16y ago|46 comments
55.
by dbfclark 16y ago
The point really is that "risking your capital" is not in and of itself a productive activity -- making stuff is. I work as an investment analyst myself which is good in both the "fun" and "profit" departments, but I'm not about to pretend
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by dbfclark 16y ago
If your argument shows that all taxation is immoral and not to be borne, doesn't it prove rather too much?
57.
by dbfclark 16y ago
By way of being nitpicky: there is no jab at entrepreneurs here. The two named classes of undeserving rich people are financiers and law firm partners and I put it to you that a less value-creating lot relative to compensation could hardly
58.
by dbfclark 16y ago
There's a few points where he really gives the game away: -$60k/year for three children in private school -$50k building home equity -$50k in the 401k But the real point is in the sections about having bought the house at the top of the mar
59.
by dbfclark 16y ago
Nope, powers: depending on indexing, the first three multiples of 5 are either 0,5,10 or 5,10,15, and we have neither a zero-cent coin nor a 15-cent one. The first three powers of 5, on the other hand, are 1, 5, and 25.
60.
by dbfclark 16y ago
This actually makes the non-uniformity worse, not better -- things priced at an even number of dollars don't factor into the calculation before tax (and there are lots of those), but after, change amounts get disproportionately weighted to

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