ericmay

23 ms·

541.
by ericmay 3mo ago
No
542.
by ericmay 3mo ago
Prove it
543.
by ericmay 3mo ago
> The problem (right now) is that Open Weight models depend right now on huge companies to spend billion of dollars to train and develop them, all backed up by their incentives and their state to support this, while essentially giving aw
544.
by ericmay 3mo ago
> I have to live in this economy, unfortunately. Sure but that applies to all of us with anything we disagree with. I think taxes are too high. "Blah blah do XYZ" I can just say "I have to live in this economy, unfortunate
545.
by ericmay 3mo ago
It's more broad but I don't think that changes anything with respect to the destructiveness and need to stamp out the ideology. Nazism is just a flavor of either authoritarianism or maybe just a flavor of a broader racial/cul
546.
by ericmay 3mo ago
By that logic Iran has lost the war too, because they can't possibly come out of this situation in a better place than before the war started, which really was back in October 2022. Since then Iran's economy has been crushed, gove
547.
by ericmay 3mo ago
> Finally, bear in mind that there are more equivalences in beliefs than you think. Mein Kampf didn't speak anything about Jew mass murder (and it still happened), and most (as in, the ones you see "marxist-leninist" in th
548.
by ericmay 3mo ago
Well if this is what you believe you're basically going to just end up in a world where you are sacrificing Americans or Europeans to uphold Chinese corporations and then their elites hoard all the wealth, and tax revenue to fund servi
549.
by ericmay 3mo ago
That doesn't make a lot of sense to me. In communist and other leftist authoritarian ideologies and there are of course different degrees and expressions of this, but you typically have to engage in mass conformity, whereas democracies
550.
by ericmay 3mo ago
> That seems like an odd definition for Earth's value. It's not, you're just being argumentative for no reason. It's very normal for someone to value a planet or other celestial body in terms of the value of the miner
551.
by ericmay 3mo ago
Well not really. So you're wrong here yet again. What's the total value of all minerals and resources on Earth. If SpaceX had a goal to colonize other planets or asteroids and the sum total value of the minerals and other resource
552.
by ericmay 3mo ago
> The naïve retail investors you suggest should buy index funds will be exposed to SpaceX and the other AI companies through them, no? You're exposed to any company that hits the public market, depending on which ETF you buy. Could
553.
OnePlus to Pull Out of American and European Markets(macrumors.com)
22 points by ericmay 3mo ago|12 comments
554.
by ericmay 3mo ago
Then just don't buy the pump-and-dump and stick to ETFs. Already explained things like lockup periods. Investment firms marketing the IPO also do. not. want. IPO prices to crater after the IPO. It makes them look bad, it harms their bu
555.
by ericmay 3mo ago
> I think it's more than reasonable to say that the average minecraft player is probably a child and one of the most popular servers being full of swastikas and racial slurs probably isn't good for children. Maybe. They’ll enco
556.
by ericmay 3mo ago
You're just making stuff up. Even in this contrived scenario, a stock plunging to 50% of its IPO price doesn't indicate much. It can still be a good investment. Stocks are punished for non-material things all the time. Even when t
557.
by ericmay 3mo ago
> Most retail investors suffer from significant information asymmetry. We have regulations, in part, to mitigate this fact. I don't disagree - however that's a separate point from the OP's it's all a scam and pump-and
558.
by ericmay 3mo ago
Sure. A great example of that is the corruption of Spain's socialist government: https://www.nbcnews.com/world/spain/spain-pm-sanchez-brother... Just friendship and love :)
559.
by ericmay 3mo ago
I wrote in another post which I think fits nicely here: You are ignoring things like lockup periods, vesting schedules, and other general machinery that specifically exist to prevent day 1 or short-term dumps of shares. It's not in the
560.
by ericmay 3mo ago
You can't make an informed decision on it unless you do your own research and analyze an individual stock. Then it's up to you to decide if it's worth investing in. This is true for any investment. Just because you think so
561.
by ericmay 3mo ago
Sure, but this applies to any sufficiently advanced conspiracy theory and wouldn't be limited to markets. Secondly you the individual can just not buy the shares if you think they are overvalued. You're confusing your own interpre
562.
by ericmay 3mo ago
> The flaw in your thinking is assuming it's actually worth the IPO price. Then don't buy it at the IPO price? The bullshit artist will have to lower their price until there are takers in the market. > If I'm a bullshit
563.
by ericmay 3mo ago
> Every day investors absolutely buy these shares; these price targets are publicly available and SpaceX shares are equally publicly available. And you can just not buy the shares . It's very straightforward.
564.
by ericmay 3mo ago
> My point is that until those investors exit, there is no ROI. Ok well they can just exit in private markets before these shares are "dumped" on public markets. Therefore there is an exit and ROI. QED. Anyway your overall poin
565.
by ericmay 3mo ago
> It's the 1920s all over again; publicly pump and privately sell into the demand you're creating. It's not the 1920s all over again. > Of the investment banks that helped SpaceX IPO, Goldman Sachs has their price targe
566.
by ericmay 3mo ago
And when do those investors exit? Nobody forces you or any other individual investor to buy shares in their “pump-and-dump company” when it lists.
567.
by ericmay 3mo ago
The flaw in your thinking here is that you’re assuming these greedy people that you are creating in your head would prefer to lose half the value of the shares instead of doubling them. The entire proposition that you are putting forth has
568.
by ericmay 3mo ago
> The exit plan is to offload overpriced shares, that they paid billions for, onto the public market. If they don't IPO, those investors get nothing. I keep seeing these unsubstantiated claims. They’re out to get us and just pump an
569.
by ericmay 3mo ago
> Suits are not even impressive looking as everyone looks the same. You're focusing too much on the suit itself and that's causing you to miss the point. The suit is just traditional western social attire born from military uni
570.
by ericmay 3mo ago
> If anything, suit is boring minimalist choice, every man looks exactly like the man next to him. It's less about the suit itself - I don't mean to imply everyone should wear the same thing. It's about the perception arou

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