harryh

65 ms·

691.
by harryh 7y ago
You cannot steal an address on the blockchain. People have their private keys stolen all the time . Blockchain makes this problem worth because after a theft there is no central authority capable of repairing the damage.
692.
by harryh 7y ago
The financial institution is, in fact, liable for these sorts of charges. The Bloomberg reporter's problems weren't that he had to pay a bunch of money because a fraudster did a bunch of stuff using his name. His problems were all
693.
by harryh 7y ago
FWIW you can get a free copy of your TransUnion and Equifax reports for free from CreditKarma. It's great and will pull a new report once a week. They don't work with Experian, but you can create an account with them directly for
694.
by harryh 7y ago
patio11 has a great writeup on how to deal with these sorts of problems should they ever happen to you. It is a very good writeup. https://www.kalzumeus.com/2017/09/09/identity-theft-credit-r... Short summa
695.
by harryh 7y ago
charge more
696.
by harryh 7y ago
There is, of course, speculation in the market. My objection was to use of the phrase "pure speculation." As Benjamin Graham said, the stock market is a voting machine in the short term but a weighing machine in the long term.
697.
by harryh 7y ago
Honest answer: Your premise that the stock price is "just pure massive speculation of the market players to begin with." is wrong. Maybe in the short term, but in the long run the stock price of companies reflects the value of wha
698.
by harryh 7y ago
Yes indeed.
699.
by harryh 7y ago
When exactly does this pushing up of the stock price occur? When the buyback is announced? When it is actually executed? Sometime in between? What if a company does buybacks on a predictable schedule over years? It seems to me that if the p
700.
by harryh 7y ago
Consider the "they" in my "anytime they want" to be the shareholders. My point was that if the shareholders want to use stock for things like employee compensation or an acquisition they don't have to buy this stock
701.
by harryh 7y ago
Ya, when I said "other assets" I was perhaps being overly succinct. I didn't just mean the value of equipment, IP, or whatever, but also the intangible value assigned by the market that is an estimate of the companies future
702.
by harryh 7y ago
Yes, there are some limits on companies ability to do this but they're generally not especially relevant for the types of things companies use their own stock for (stock based compensation, acquisitions)
703.
by harryh 7y ago
the aggregate value of the outstanding stock should go up by $1 billion This isn't quite right. Look at it this way: There is a company that has the following assets 1) $100 in cash 2) $100 in other assets There are 200 outs
704.
by harryh 7y ago
now the company has more shares it can deploy if it needs to raise capital in the future Er, no. That's not how it works. Companies can create new shares out of nothing anytime they want.
705.
by harryh 7y ago
You don't need to store anything extra if you are just filtering down to a standard number of digits on output.
706.
by harryh 7y ago
The default result for a startup founding engineer who gets "kicked upstairs" into a CTO role is for them to end up with no real responsibilities and end up leaving the company in ~12 months. Happens all the time. Using Google as
707.
by harryh 7y ago
WeWork owns very little property. For the most part they rent all the space that they then sublease to other tenants.
708.
by harryh 7y ago
That is not accurate. $300 million of the settlement was designated to go to individuals who suffered specific harms (identity theft, etc) due to the breach. And additional 31 million was designated to go to other people who's informat
709.
by harryh 7y ago
For the record, asking such questions in a job interview is illegal. Though it definitely still happens. Probably a lot.
710.
by harryh 7y ago
$67 per week is your personal out of pocket commitment. The firm is committing much more to the pool. And yes, Cigna very likely does have an obligation at some point. Most firms of your size negotiate a max per year expense for the firm an
711.
by harryh 7y ago
This story makes no sense: - How could a single baby born with health problems bankrupt a big aerospace company? - A man is just as likely to have a child with severe health problems as a woman even though he'll never be the pregnant o
712.
by harryh 7y ago
My point is that the phrase has a history of being used to criminalize speech that most people would now see as being worthy of protection. For those using it today, the burden is really on the accuser to show that they aren't doing th
713.
by harryh 7y ago
Did you know that the "fire in a crowded room" metaphor comes from Schenck v. United States in which Oliver Wendell Holmes Jr used the metaphor to defend the criminality of protesting the military draft? I'm not sure if that&
714.
by harryh 7y ago
Related to this is the maxim about how to tell if a game is based on luck or skill: can you lose on purpose?
715.
by harryh 7y ago
Homer Simpson's brain would like to have a word with you: https://www.youtube.com/watch?v=dgct3Jn8pFA&t=8s
716.
by harryh 7y ago
Title is actually Barbarians at the Gateways which is, of course, as play on words on the actual Barbarians at the Gate: https://en.wikipedia.org/wiki/Barbarians_at_the_Gate:_The_Fa... Another great tail of finance tha
717.
by harryh 7y ago
Batching won't solve any problems you might think it would solve. The real world is continuous. Because of this, everyone is incentivized to wait until the last possible millisecond (or nanosecond) before the auction to submit bids so
718.
by harryh 7y ago
And if we want a welfare state as robust as the one in Europe you can't just have people like your mom pay for it. There aren't enough like her. You've got to pay in to. Like they do in Europe. Your choice.
719.
by harryh 7y ago
The IRS has very strict rules on what counts as compensation. The idea that CEOs are significantly circumventing them is mostly wrong.
720.
by harryh 7y ago
Yes, I know. That is what disability insurance is for.

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