finexplained

7 ms·

31.
by finexplained 5y ago
This. Currently NFTs are a tool for monetizing social capital.
32.
by finexplained 5y ago
Inflation isn't directly (that is one-to-one) tied to the amount of money printed. That's a simplistic view of a complicated phenomena. What matters is demand aggregated among many individuals. You can print any sum of money and i
33.
by finexplained 5y ago
> Anyone who didn't get a 20% raise this year lost money Inflation numbers that just came out measure year-over-year inflation at 5.4%. And last July we had artificially depressed demand during the pandemic.
34.
by finexplained 5y ago
It blows my mind that a record-low acceptance rate is held up as an achievement, and not a structural failure. Why is the metric not "we are able to educate X% of students who meet this well-defined bar"? There are some department
35.
by finexplained 5y ago
My apologies, it wasn't my intent to imply that myth. I actually completely agree with your position on short selling. At the time of writing it just seemed a bit weird to me, and possibly an incorrect alignment of interests, for a US
36.
by finexplained 5y ago
I'm obviously for electing honest people. It's probably (I don't work at the SEC) true that it's still difficult to catch all perpetrators. The SEC has limited resources and they probably have a way of prioritizing cases
37.
by finexplained 5y ago
In the financial industry we have restrictions not only on our own trading accounts, but on any account that we might have reasonable influence over. In my particular case, this means both my brokerage accounts and any of those belonging to
38.
by finexplained 5y ago
I agree, it's a start. But importantly it (attempts to) align their interests with the broader US economy. Also it still allows them to invest for their personal futures, which I believe is a right.
39.
by finexplained 5y ago
Members of congress should only be allowed to invest in SPY/VOO, VTI, and a few other broad ETFs, long only, no options.
40.
by finexplained 5y ago
https://en.wikipedia.org/wiki/Quixey
41.
by finexplained 5y ago
I have actually spent considerable amounts of time reading math related wikipedia articles in graduate school, though those tend to be well written and researched. More often you find ways that things could be explained more clearly. No, th
42.
by finexplained 5y ago
> there are people who don’t experience “this thing is good, i wish to contribute” or “this has brought me joy, i wish to give something back” I have literally never experienced this feeling. I've thought about why I haven't a
43.
by finexplained 6y ago
The scale matters when classes are graded on a curve. If a few students cheat the score distribution doesn't change too much, if a significant fraction of students cheat it really hurts those who don't.
44.
by finexplained 6y ago
Except that in this case the bits are literally identical.