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fairity
searching PlanetScale…
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29 ms
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271.
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by
fairity
5y ago
Got it, but why don't brokers more aggressively push this program onto clients? It seems like a win-win. The debtor avoids the elevated short-term capital gains tax. The bank gets interest payments on a loan that has an almost 0 defau
272.
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fairity
5y ago
One of the primary mechanisms for tax avoidance is taking out loans against appreciated capital assets to avoid realizing capital gains. What's stopping the average citizen from exploiting this tax avoidance strategy? For example, ever
273.
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fairity
5y ago
For anyone wondering if this will actually have a sizable impact on FAANG and their aggregate tax burden, my guess is no based on the following quote: > Tech firms say they welcomed the move. Facebook vice president Nick Clegg said they
274.
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fairity
5y ago
And, how exactly will it be proven to be correct?
275.
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fairity
5y ago
It should be obvious that the market will eventually support supersonic flights. The question is just when. OP is probably asking these questions to determine if the time is now, or in the future.
276.
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fairity
5y ago
Tl dr; The author, with all his pandemic-granted free time, has been mulling over the tenants of nihilism and is struggling to adapt. > More and more people have noticed that some of the basic American axioms—that hard work is a virtue,
277.
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fairity
5y ago
The impacts mentioned by OP aren't predicated on companies hiring globally. Simply expanding hiring across the US (or even just your US timezone) will result in a significant drop in salary for your average role. Employers aren't
278.
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fairity
5y ago
Interesting read, but the data seems extremely skewed. Quote from the same article: "Eighty-eight of the 123 funds were go-go tech/Internet darlings that soared in 1999 but crashed after, losing 24.1% per year from Jan. 1, 2000, t
279.
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fairity
5y ago
Thanks for the sources. A quote from your second source: The average subsequent performance of the historically best- and worst-performing long U.S. equity hedge fund portfolios is practically identical and similar to the market return. A q
280.
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fairity
5y ago
> Generally speaking, once a fund reaches the level outperformance of ARK, they underperform the market. Source for this? It would make sense to me if your claim was that future performance for this cohort is average. But, you seem to
281.
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fairity
5y ago
IMO, the author has a valuable insight, but a sub-optimal solution. The valuable insight is that, invariably, there are domain experts whose help can completely transform your business. As a result, it's worth investing time/reso
282.
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fairity
5y ago
You're assuming that internet mobs only attack based on misconstrued online content, but that's far from true. I think the best solution here is to speak up on behalf of those who are unfairly attacked, in spite of the negative fa
283.
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fairity
5y ago
In the case of a buyback, cash is literally returned to the shareholders who participate in the tender offer by selling their shares back to the company.
284.
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fairity
5y ago
> If their best investment is other companies' bonds, they should (again, in theory) just return cash to investors who can buy the bonds themselves. This is what they're effectively doing, in practice. AAPL has conducted ~$500
285.
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fairity
5y ago
Worth noting that based on AAPL's latest 10-Q, the vast majority of their cash is invested in corporate bonds, which have a nominal annualized return of ~6%. I'm sure the financial value of any acquisition is pitted against this
286.
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fairity
5y ago
Yea, agreed that it doesn't prove it wasn't man-made, but per baye's theorem, it decreases the likelihood.
287.
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fairity
5y ago
> Yet in computer simulations, the mutations in SARS-CoV-2 don't seem to work very well at helping the virus bind to human cells. If scientists had deliberately engineered this virus, they wouldn't have chosen mutations that co
288.
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fairity
5y ago
> It all depends on the person. Agreed. I'm speaking in generalities to make the point that, on average, greed is a superior motivating force. At least from personal experience, I've found far more people foregoing personal h
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fairity
5y ago
You do a great job summarizing the problems that arise from greed, but I wonder if you recognize that there are countervailing benefits. A lot of progress and innovation has been made by greedy individuals. I think much of this progress wo
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fairity
5y ago
The situation you're describing is lose-lose-lose, which makes me skeptical that it describes what's actually happening. The landlord loses out on rent payments (albeit at a lower monthly rate). The lending institution loses becau
291.
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fairity
5y ago
Perhaps worth mentioning that the fact that someone has a hidden agenda doesn't automatically make everything they say incorrect. In this case, the article tells its story through various statistics that seem to not be cherry-picked.
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fairity
5y ago
It is both harder to spell and pronounce than freenode, and objectively worse, by those measures.
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fairity
5y ago
> None of that really makes clear what Andrew Lee is actually doing that is so objectionable. I second this sentiment. Can anyone summarize objectional actions that Andrew has either taken or committed to taking in the future? As far a
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fairity
5y ago
> Putting adverts on the website, apparently. Where is this motive made apparent?
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fairity
5y ago
The WSJ article title, at the time of my comment, was "Wework CEO says workers who want back into the office are most engaged". You'll see evidence of the original WSJ article title in the slug of the URL: https://
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fairity
5y ago
OP takes the one line in the article that can be perceived as a personal attack and uses it as the post title. Why not use a title that actually represents the primary argument in the article? That is, the WeWork CEO is saying that some tim
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fairity
5y ago
Whether it's reckless gambling depends entirely on the bet being made. There exist bets that carry little to no risk, and whose returns exceed the cost of leverage. In Hwang's case, he seemed to be uninterested in risk management,
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fairity
5y ago
Yes, the primary argument is that without such high CEO pay, companies would perform materially worse due to the consequences of poorer CEO decision making. You seem to be pointing out that the gap between CEO and average employee pay is i
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fairity
5y ago
I agree - all else equal, I think workers should expect a pay bump if they are indeed equally or more productive at home. I'm working under the assumption that they're less productive, in which case it's a matter of how to m
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fairity
5y ago
I've seen this data too, but I don't think it's representative of post-covid WFH productivity because: 1) there are far fewer productivity distractions during COVID due to everyone being cooped up at home 2) people are still
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