harryh

100 ms·

841.
by harryh 7y ago
Ironically, no matter how attentive of a parent you are, your daughter is in fact likely to pick up ideas like that from media, her friends, and the surrounding culture. Alas!
842.
by harryh 7y ago
Where is the rest coming from? ~16 "we spend a bit more on pharmaceuticals than Germany" sized problems. Snarky answer, but I think probably somewhat close to the truth. There is no silver bullet.
843.
by harryh 7y ago
Because, by design, we don't have proportional representation. Even in a world without gerrymandering a small majority (say 55%) of voters evenly distributed can pick even 100% of elected officials.
844.
by harryh 7y ago
If you liquidate, you have to pay capital gains taxes.
845.
by harryh 7y ago
I think it probably is, but then you have to manage those holdings manually going forward which can be a real challenge when you own so many different securities.
846.
by harryh 7y ago
Two important notes about tax loss harvesting: 1) For any given dollar you put into a robo-advisor any tax lost harvesting gains to be made based on that dollar will generally happen in the first 1-3 years. After that gains will generally a
847.
by harryh 7y ago
Estimates for the cost of the F35 program vary widely, but a decent guess is 1-1.5 trillion over 50 years or 20 to 30 billion a year. The US currently spends ~3.5 trillion per year on health care. So yes, taxpayer funded health care would c
848.
by harryh 7y ago
poor nutrition...have more grocery stores nearby FWIW, it's not clear that the former has much to do with the latter. https://www.npr.org/2010/12/15/132076786/the-root-the-myth-o...
849.
by harryh 7y ago
This is not correct. Firms don't buy order flow from Robinhood in order to trade in front of those orders, they buy order flow from Robinhood to execute those orders for those customers which is a service that those customers pay for a
850.
by harryh 7y ago
The line is not blurring. Non-public information is information owned by the company. This is different from information that is hard to acquire and hence, not available to everyone. You are making the same mistake the article does when you
851.
by harryh 7y ago
I disagree. I think it's incumbent on good journalists to put the views of the people they interview in the proper context. If the subject of an article says something wrong, and the article fails to point that out, it is a lie of omis
852.
by harryh 7y ago
This article is very wrong to confuse "material non-public information" with hard to acquire information like counting cars in satellite photos. Remember the Matt Levine test: insider trading is about theft, not fairness. When a c
853.
by harryh 7y ago
I kind of agree, but I was being generous with 100.
854.
by harryh 7y ago
No company bigger than 100 people is capable of such a thing. Do you seriously think that companies larger than 100 people should not exist?
855.
by harryh 7y ago
The idea that ESR is a LBIP is laughable. Do not give this horrible person your hard earned money.
856.
by harryh 7y ago
You are confusing unit economic vs profitability. They are very different things. If I manufacture a widget for $1 and sell it for $.50 then my unit economics are negative and, unless I manage to either lower manufacturing costs or raise pr
857.
by harryh 7y ago
Their unit economics are positive, not negative.
858.
by harryh 7y ago
Now, I don't cheat. And although I like to think we have some pretty smart people in this message board, it sure is a hell of a lot easier to just be first.
859.
by harryh 7y ago
This is a great answer. Thanks.
860.
by harryh 7y ago
Knowing that you're theoretically well-off in comparison to people living in other places It's not theoretical. It's factual.
861.
by harryh 7y ago
Look at it from the other direction: How many people are in the top 1% of NW but fail to be in the top 1% of income? Surely some but I bet not a ton. EDIT: I found this - https://economix.blogs.nytimes.com/2012/01/
862.
by harryh 7y ago
The world income comparison thing at the end is not meaningful in the slightest. Why not? I would say that it's very important to understand that even middle class Americans are quite well off when compared to the vast majority of th
863.
by harryh 7y ago
We are easily 1%-ers in terms of income level but we don't consider ourselves rich I'm forced to wonder how many policy problems in America are due to people like this failing to acknowledge just how good they have it and thus f
864.
by harryh 7y ago
I very strongly suspect that the overlap between people in the 1% income level and people in the 1% wealth level is extremely high.
865.
by harryh 7y ago
It's important to note that while this person seems, you know, not very smart, the laws against unlicensed securities exist precisely to protect this kind of person from getting themselves in trouble. I'm no lawyer, but it certain
866.
by harryh 7y ago
Every single major cloud service provider will shut you down without notice if they detect obvious fraud.
867.
by harryh 7y ago
My interpretation of that was that the batch job takes 1s per row or something like that rather than 1s total. It obviously wouldn't make sense to spin up 10 nodes to turn a 1s job into 10 0.1s jobs. Just a guess.
868.
by harryh 7y ago
It's not just the volume of usage that can indicates fraud, but the pattern. In addition, relying on quotas creates a system that is easily games by perpetrators of fraud. Caps or quotas are not sufficient to deal with this problem.
869.
by harryh 7y ago
Be careful relying on studies in this area. The "growth mindset", like much of psychology over the last several decades, is subject to the replication crisis. At the very least, the size of the effect is almost certainly quite sma
870.
by harryh 7y ago
Dealing with petty drama in K-12 is good low-stakes practice for dealing with petty drama in adult life. I am not at all convinced that this is true. See: http://www.paulgraham.com/nerds.html

More ›