gen220

42 ms·

451.
by gen220 3y ago
I would agree with greed but push back on capitalism. There are many ways to be a capitalist. Greed is a common choice, but there are more humanist approaches, too. From your example, Craigslist is itself is a capitalist institution, making
452.
by gen220 3y ago
> It's really liberating to not have to play some five dimensional chess game guessing what will make other people behave in certain ways and just using your own judgement to build what you like. I think people underrate this idea,
453.
by gen220 3y ago
Yeah, at some point VC became synonymous with tech. I mean here we all are, discussing this topic on a VC's forum. The two are heavily-overlapped, for sure. But in the last 25 years, it feels like the horse (tech) has been steadily pla
454.
by gen220 3y ago
If you're curious to read a well-earned take on comments: http://antirez.com/news/124 . Inline comments are a reflection on the authors' abilities to write good comments. They can be kinda useless, actually-ba
455.
by gen220 3y ago
I've used Flask/SQLAlchemy and Django a bunch in my day, professionally and on the side. It's a different strokes for different folks sort of deal. Django is very opinionated, in a way that is "eventually" correct (
456.
by gen220 3y ago
I see and agree that education and support at the earliest levels of education are heavily correlated with inequality in elite outcomes. However, I think this has always been the case in American history, no? There were brief periods where
457.
by gen220 3y ago
FWIW, the parts of those "elite industries" that STEM majors are hired into are more upper-middle class than you might believe, in terms of their capacity for the accrual of significant wealth/status. I'm not saying they
458.
by gen220 3y ago
It's certainly a lagging indicator for 1/N of the people at those schools. For the other 1-(1/N), it's more like the "last" of the leading indicators – i.e. their last shot at a significant step change in caree
459.
by gen220 3y ago
May as well consider buying Berkshire Hathaway, you get exposure to Apple that expires when they no longer think it’s a good place to park your money, which will likely be the point that you want to exit at, too.
460.
by gen220 3y ago
Buybacks don’t necessarily “suppress” price discovery, they’re just another mechanism for imputing per-share price, like revenue, margin, etc. If you wish, it’s trivial to filter out the effect of buybacks. Look at market cap over time inst
461.
by gen220 3y ago
Appreciate the glimpse! Should have elaborated, by access patterns I was referring to proportion of readers to writers, the distribution of load over time, the distribution of transaction sizes, so on. Although your discussion of query lang
462.
by gen220 3y ago
> I rather think that the people who you spoke with used a simpler structure of sentences than is common in educated circles because you would otherwise have difficulties understanding them. I think this is probably true. I mean, it&#x27
463.
by gen220 3y ago
Just curious, if you feel comfortable sharing, what do you use as your database? I'd agree Postgres is not the right answer to every problem, but the documentation of its failure modes and the mitigations thereof make it a "good&q
464.
by gen220 3y ago
Wow, this is such an incredible take-down, thank you for sharing! German is one of those languages where the spoken and written languages are incredibly distinct. I've felt that the written language requires massive intellect to pull a
465.
by gen220 3y ago
I think the distinction is that Apple is consistently pushing the definition of "parity" forward, to the extent that Android is always "approaching" parity. If Apple weren't pushing mobile privacy forward, it's
466.
by gen220 3y ago
I've heard this advice summed up as "make yourself a beacon". i.e. just start talking in a public square. If you talk long enough, you'll find people who want to talk about the same thing, and they'll introduce you
467.
by gen220 3y ago
This is a nice angle on bootstrapping Social Capital [1]. There's been much ink spilt on the "decline of social capital" in the developed world in the last few decades [e.g. 2]. One interesting implication of all this is that
468.
by gen220 3y ago
As I understand it, yes, but being <some long duration> "out of the game" is a large opportunity cost if your intent is to go right back into finance. So the gardening leave is often not the best decision, career-wise, unles
469.
by gen220 3y ago
This is a big deal! Non-competes are a major factor in the finance sector. In tech circles, this mainly impacts HFT firms and prop shops employing software people. There's a well-trodden path in NYC from HFT/Prop #1 -> Big Tech
470.
by gen220 3y ago
As a sibling comment noted, you're essentially talking about the products, not the companies. They're distinct entities that are temporally correlated, but you should reason about them separately. It's possible to have a perf
471.
by gen220 3y ago
Doesn't Spanner depend on access to globally-synchronized custom atomic clock hardware? i.e. even if it were open source, it wouldn't really be valuable unless you're a data center operator. As I understand it, it's not
472.
by gen220 3y ago
I mean, yeah, death is a shitty consequence of life. The executives and boards who sell to these kinds of private equity companies know exactly what they’re signing up for. It’s a parasitic relationship, it isn’t dignified, but it’s less wa
473.
by gen220 3y ago
> kept trying to find a way to keep up the growth curve it had when Instant Pot was being adopted I think if you're to pick a lesson to takeaway, this is it. There are other objectives to pursue, than "continue to grow as much
474.
by gen220 3y ago
"Private Equity" is a bit too broad of a term to have a single explanation (i.e. there are a few different categories of PE strategy). In its purest form resembling instance, PE is a decomposer. It takes a business that isn't
475.
by gen220 3y ago
It is indeed a common shorthand in finance lingo. Not to be confused with with "Price to Earnings Ratio", although that's usually rendered as "PE ratio".
476.
by gen220 3y ago
If you open it up to include LIRR, NJT and Metro North, Penn Station / Times Square / Grand Central is probably the winner. :)
477.
by gen220 3y ago
Unaffiliated, but https://wiby.me/surprise/ is great. :)
478.
by gen220 3y ago
Born in the late 90s, I spent an absurd amount of time on wikipedia in my teens. It's lack of depth on common topics at the time led me to libraries and the world of books. As an adult, it's amazing to see how far Wikipedia has co
479.
by gen220 3y ago
It's less about making marginally more money, and it's more about retaining Meta's grip on attention as it shifts from one medium (mobile/web) to the next (AR/VR/SC). He's probably not going to make more m
480.
by gen220 3y ago
It's healthy to have a skepticism of "rich" people, but I think it's really uncharitable to view Chouinard's career as mere wealth accrual for wealth's sake. To not view him as a role model for how business can

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