hnnewguy

35 ms·

271.
by hnnewguy 12y ago
>In practice, experimental evidence tells us that this theory is complete rubbish. Please, provide us with examples of a sustained deflation that didn't harm the economy. The supply of money has to grow at the same rate as the real
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by hnnewguy 12y ago
> The levels of day-to-day corruption within the US judicial system Yes, and it goes beyond the incompetence, crimes and corruption. It's expensive . Amongst all the municipal election hoopla in Toronto, I read a tidbit that last
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by hnnewguy 12y ago
> What do you think? It bothers me as well. I attended a social gaming conference during the height of the Facebook game fad, and every company had a "CEO", even if the company had one or two employees. It's ridiculous,
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by hnnewguy 12y ago
> Nit pick: This isn't a nit-pick, it's a very important point that is sometimes overlooked by the less financially-inclined. So often people will argue for some obscene valuation based on the fact that the company is growing
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by hnnewguy 12y ago
> "We unintentionally overlooked laws that require even foreign employees to be paid based on local US standards." I hope that readers keep incidents like this is mind. There's a tendency to pile on in populist fashion a
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by hnnewguy 12y ago
> they were specially inclined to follow crazy orders. This sounds more like post-hoc justification for war. It isn't exactly novel to paint the enemy as "not like us" or as having that one trait that happens to make t
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by hnnewguy 12y ago
> Why not just not have the fees and let prices be lower so that consumers have more cash? For the same reasons that coupons are immensely popular. You can target consumers who have the greatest price elasticity, and take advantage of
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by hnnewguy 12y ago
> Is this information even available to people outside of the tech community? You overestimate how much people outside of the tech industry care about what is, at this point, a rich person's toy. Most people couldn't care less
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by hnnewguy 12y ago
> It makes good sense that someone representing a state known for producing automobiles would accept campaign contributions from automobile manufacturers I, for one, agree with you wholeheartedly. This is politics in action. Just beca
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by hnnewguy 12y ago
> Netflix has strong fundamentals. It has a P/E of over 130, and just reported slower than expected subscriber growth. Of what specific fundamentals do you speak?
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by hnnewguy 12y ago
>not in a road course (most likely). For that, the GT-R is a monster, also $30k cheaper than the Tesla.
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by hnnewguy 12y ago
I've owned two Subarus, and this has never been recommended to me, even from the dealer.
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by hnnewguy 12y ago
> who want to forgo gas and buy a Tesla but cannot afford the high price of a new Model S I love the idea of someone concerned about costs and prices buying a $50,000 used luxury vehicle with an unproven long-term reliability track reco
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by hnnewguy 12y ago
> People who think they're practicing Zen without a trained instructor are just deluding themselves. How can a new practitioner know if the instructor is actually enlightened or is only saying they are enlightened?
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by hnnewguy 12y ago
“Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient.” Yes, bitcoin has some specific traits that are superior to carrying
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by hnnewguy 12y ago
> much more profitable to sell the rights than to put that water to productive use But this is exactly what selling the rights does: passes the rights on to someone who can put the water to better use.
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by hnnewguy 12y ago
>Last year my account grew ~30%, it's increased 16.1% so far this year Everyone looks smart during a bull run-up. That same SPY allocation would have been crushed in 2008-2009. On average, you'll get average results. The CAGR
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by hnnewguy 12y ago
> Whole asset classes are no longer viable For example? Spreads between asset returns might be compressed, but I have a hard time coming up with assets that are no longer viable. Nobody is entitled to "set it and forget it" r
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by hnnewguy 12y ago
> the value of a company that doesn't turn a profit isn't 0, it's the value of it's assets Touche. They also have liabilities. I suppose we could be even more precise and say the price is $0 above the expected value
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by hnnewguy 12y ago
> Your time horizon is also wrong and assumes that there needs to be a singular point where the top level goal becomes making profit The top level goal is to provide an adequate return to shareholders. Shareholders (of which I am one)
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by hnnewguy 12y ago
> Anyone who has invested in Amazon has seen an amazing unprecedented ride upward Only if they sell to realize those gains, and that can only occur if they can find a buyer who has an even greater expectation of profit in the future.
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by hnnewguy 12y ago
> The opponent in this scenario is the shareholders, they're the ones who want to take the money away from Amazon. Take the money away from Amazon? The shareholders are Amazon. It isn't Amazon's money, it's the
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by hnnewguy 12y ago
> Their pop culture section is garbage. But probably generates more revenue than their hard-core news. I think all media outlets have struggled with this. A sad state, for sure.
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by hnnewguy 12y ago
> It'd be considered unethical There's a big difference between passing someone's idea off as your own, and allowing someone to pass an idea off as their own. I guess I'm considered "unethical" around the
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by hnnewguy 12y ago
When that opinion is different from your own, apparently it's "bias". Judging the agenda of a (very good, imho) publication (as if it could have one) based on an op-ed is ridiculous. Where is the critical thought? The Econo
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by hnnewguy 12y ago
> should everyone be able to buy antibiotics and antivirals OTC without a prescription? Of course not. But what does this have to do with legalization? Antibiotics and antivirals are legal and controlled, just like marijuana should be
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by hnnewguy 12y ago
> There's also considerable evidence that China's housing bubble has burst along with this economic shift. But the bizarre nature of China's housing market has hidden this effect for a while. We get a lot of bizarre finan
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by hnnewguy 12y ago
> centralized governance with a capable medium term planning Most people underestimate just how powerful a tool competent, forward-thinking government is, especially in the US, where it's thought government can do no right in many
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by hnnewguy 12y ago
> "The Chinese embassy in Washington said it wasn’t aware of the attack." It is utterly amazing to me how we view the Chinese people as such an evil "other". I'd love to know how they determined that this was Ch
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by hnnewguy 12y ago
> This is a crafted communication targeting information to Microsoft employees and investors. It is not a 'leaked memo' . Leaked memo? Who made that claim? It's posted on Microsoft's own website. Carefully crafted?

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