elgenie

28 ms·

271.
by elgenie 9y ago
That's a misunderstanding of what a sunk cost is. Which of the following are sunk costs? A car has a resale value. That resale value decreases with each additional mile on the odometer. That's the depreciation incremental cost. A
272.
by elgenie 9y ago
The study's not published and expecting the two page preview of the working paper to have a 'discussion of potential problems with methodology' section is utterly unrealistic. They're clearly trying to gauge incremental
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by elgenie 9y ago
You could also read the methodology in the study when it comes out, since describing that is required in science, as opposed to questioning hypothetical methodologies that could be used. From the brief version of the study ( http:/&#x2
274.
by elgenie 9y ago
A $66k salary doesn't seem like enough to motivate someone from the US to uproot wholesale.
275.
by elgenie 9y ago
That post generated a lengthy discussion here. https://news.ycombinator.com/item?id=16418316
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by elgenie 9y ago
Lots of people would love to play in the NBA and would find it fun and satisfying. It's just that very few of them are 6'8", absurdly athletic, and skilled at shooting a basketball. However, if something like nanotechnology m
277.
by elgenie 9y ago
Facebook/Snap/Gaming/Digital-Entertainment don't employ all that many people. I'd be surprised if the ratio of entertainers / audience is much different than it was for, say, stars of silent movies 100 years ag
278.
by elgenie 9y ago
It could be trivially true for someone with zero personal friends :D
279.
by elgenie 9y ago
Garbage in, garbage out. What is used in divvying up a self-selecting cohort of undergrads performing on technical interviews in 2018 are the US News & World report rankings for graduate schools composed in 2014 "based on a s
280.
by elgenie 9y ago
An honest day's pay for honest day's work, but without the willingness to get education / skills required for that work, to move to parts of the country where the existing skills are in demand, or to use collective bargaining
281.
by elgenie 9y ago
Not a disclaimer, but a disclosure :) The reason I mentioned it was because it was rather relevant to my having the incentive to remember the timelines of FB launching various features almost a decade ago.
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by elgenie 9y ago
Your book is poorly written: even accepting your premise, I didn’t work on the growth team.
283.
by elgenie 9y ago
So you think "the problem" is all the things that Facebook started doing when there were 10 million registered users that grew it to 1.4 billion daily actives? A problem that can be rectified by Facebook, literally 11 years afte
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by elgenie 9y ago
Saying that there haven't been any antitrust cases against Google and Facebook is simply inaccurate. Google got popped with a 2.4 billion euro antitrust fine for abusing their search monopoly just last summer (example source: https:&#
285.
by elgenie 9y ago
IIRC a big benefit of having the rockets and launch pad in New Zealand is that it's possible to scale up and launch nearly-continuously from eastern New Zealand (if necessary) due to the lack of air traffic, while finding launch pad sp
286.
by elgenie 9y ago
The critical distinction between "it's all crap, so just ship whatever already" and what the grandparent wrote is that "technical debt" doesn't reside in easily disposable code/components, but rather as ma
287.
by elgenie 9y ago
"Volksverhetzung" is a compound word with two roots: "Volks" (the people) + "Verhetzung" (manipulation) and the official translation of the criminal code is "Incitement to hatred" [1], rather than the
288.
by elgenie 9y ago
That it's followed up with: "likewise, 'The Wisdom of the Young: Salvation of a Nation'" is the clincher. Breathless pandering is still pandering, even (especially?) when your group is the one being pandered to.
289.
by elgenie 9y ago
> "It makes good financial sense for insurers to push the insured to take preventative measures." This is only true in a well-designed system. In a system in which insurance policies are for a one-year term and can be declined
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by elgenie 9y ago
It's not that alcohol is good, it's that it'd be better than khat for Yemen. For example: Yemen has 35 cars per 1000 people to the US's 797. Yemen would have to leapfrog through several stages of development for drunken
291.
by elgenie 9y ago
Khat is a good deal stupider as drug-of-choice in Yemen than alcohol would be. It's a crop that takes up tons of the scarce arable land and even more scarce water in a very poor country in which 17% of income is spent on khat.
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by elgenie 9y ago
> How do you move? A train or bus from the Bay Area to Nebraska will run around $100. That’s around the same amount as Bay Area rent costs for just the time spent on the train/bus during the trip. > How do you find a job? To star
293.
by elgenie 9y ago
The problem is that "Let the product speak for itself" is actually Step 2. Step 1 is "Get people to (re)try the product". Unless there's a magic wand waved that gets people unaware of a milestone release to (re)inst
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by elgenie 9y ago
Founders / big stakeholders can live it up xor credibly ask long hours and other sacrifices for the good of the company of rank-and-file and more recent employees, but not both.
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by elgenie 9y ago
China is a dictatorship and not a benevolent one. The grand bargain being attempted in China since the '80s is that economic growth achieved by any means (by hook or by crook) will work to pay off the citizenry and prevent reforms in t
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by elgenie 9y ago
Chinese private investment in other countries is "private" in name only. It's investment by largely state-owned enterprises in the service of government foreign policy.
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by elgenie 9y ago
Both of those are meaningless to a company when compared to having 30% more money to devote to their projects. Because of lockups, the IPO pop is irrelevant to employees and most insiders, whose proceeds are usually determined by the stock&
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by elgenie 9y ago
I wonder why Weinstein getting outed as a sexual predator after it being an open secret in that community for years had this effect and Bill Cosby getting outed as a sexual predator after it being an open secret in that community for years
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by elgenie 9y ago
Wow, the Maine accent in that Marden's commercial is thick enough to spread on a slice of bread.
300.
by elgenie 9y ago
What matters in an assassination is the motive, not the weapon. A murder-for-hire of a prominent politician committed by a third party with a car bomb on behalf of someone is not an assassination it was commissioned by their cheated-on sp

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