hnnewguy

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391.
by hnnewguy 13y ago
> crushed the stock price (irrationally) The high valuation of this company is equally irrational. It's a massive speculative play, so there's a load of volatility.
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by hnnewguy 13y ago
> I am picturing this same thing happening at Chrysler or GM and I think 9 out of 10 CEOs would just let the whole non-issue blow over and go back to business Of course, because around here we're taught that executives from the Val
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by hnnewguy 13y ago
> Every day that goes by I am more convinced that the Twitter stream is the best way to communicate, as a brand and as a consumer As an avid Twitter consumer without a Facebook account, I agree with you...for now. But until Twitter actu
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by hnnewguy 13y ago
> I take it you've never had your CC details stolen No, but I've had fraudulent charges, which required only a phone call to complain, and they were reversed.
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by hnnewguy 13y ago
> I don't want to tap my card and leave. Then don't. No one forces you. Use signature only, or "chip and pin".
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by hnnewguy 13y ago
> but save 3% on the transaction, would you It's my understanding that it's explicitly against the merchant agreement with the big CC players to have different prices for different payment methods. Of course, that's diffi
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by hnnewguy 13y ago
> which are awful, but necessary for now As a consumer or business? Because as a consumer, I've never had a complaint about my CC, ever. With the NFC chips built into all new CCs (at least here in Canada) I tap my card and leave.
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by hnnewguy 13y ago
Not much. First, don't underestimate the power of the auto companies along with their associated labour. There are many votes there. Second, most of the country has no clue who or what Tesla is, and as an "issue" it's t
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by hnnewguy 13y ago
> The market may go up and down, but it's always trending upward. Can't say the same about the stock market. Yes, you absolutely can say the same about the stock market. In fact, the historical compound annual growth rate of
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by hnnewguy 13y ago
> and property market And yet, he suggests buying property to rent as a method of the Fastlane . Ask a small-time landlord if renting their property in a halfway efficient market is making them rich. I don't have a problem with t
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by hnnewguy 13y ago
> People used to have maps At one point, earlier, people didn't even have paper maps, so why stop there? You're conflating helplessness with convenience. Yes, people used to do things the hard way. Now we get to do them the
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by hnnewguy 13y ago
> There are a lot of health issues that an application can detect faster and more correctly than a doctor. Indeed. Much of everyday diagnosis is of the form: these are the symptoms, what is the distribution of possible health issues re
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by hnnewguy 13y ago
> Hire older people! This is a great anecdote, though I don't fully understand why it surprises people. Most people in their early 20s are still "kids", both socially and work-experience-wise. Give me a hungry 30+ any da
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by hnnewguy 13y ago
> "yes we can" by moving the numbers as much as possible as quickly as possible. (This is a touchy subject. I'm not implying this initiative takes it "too far" or anything of the like...) I agree, the problem i
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by hnnewguy 13y ago
> it just so happens that the best people are overwhelmingly white and male. No, I don't believe that is the argument. The argument is "Let's not over-compensate for historical institutional racism/sexism, and, goin
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by hnnewguy 13y ago
> because your answer is just flat wrong His answer to "Can we agree?" is wrong?
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by hnnewguy 13y ago
> Is the understanding of the financial crisis really this poor? Yes. One of the great tricks of this disaster (as in most financial crises) is that the powers that be were able to convince to public that there was some single enemy th
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by hnnewguy 13y ago
> Iceland did pretty well for itself in the aftermath, even having let the bad behavior slip past them. And Canada apparently never let the bad behavior begin in the first place. Iceland did it by stiffing creditors. That's a shor
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by hnnewguy 13y ago
> so they could shore up their balance sheets with cheap and safe FDIC insured accounts. FDIC insured accounts are liabilities on a bank's balance sheet.
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by hnnewguy 13y ago
> that's the only way to look at it; Icahn is a thieving sack of shit. Curious what your opinion is of Mr. Andreessen, and the conflict-of-interest accusations? is he included in your "leeches" remark, or does he get the
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by hnnewguy 13y ago
> Not me. I asked where you got the 60,000 figure, simple. Their 10k lists each subsidiary and the number employed: http://www.ielp.com/sec.cfm?SortOrder=Type%20Ascending&DocTy... 2/3 are employed by Federal Mo
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by hnnewguy 13y ago
> Can you explain how his financial company employs 60,000 people? Do you think that large, multi-billion dollar financial conglomerates run themselves? > Or did you mean he has ownership stakes in industrial firms that employ 60,000
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by hnnewguy 13y ago
> Financiers like Icahn are motivated by short term profits above all else. That's one way to look at it. Another is to note that Icahn built a thriving financial company that has survived for over 4 decades, and employs over 60,00
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by hnnewguy 13y ago
> Is furious at AirBNB service for some reason. Well, that's the crux of this business; whose responsibility is it, then? If AirBnB facilitates the deal, the liability is at least partially theirs. Otherwise, what's the poin
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by hnnewguy 13y ago
> And it no longer feels new. I lived in Edmonton for a few years. I left in 2010. Before I moved there from Ontario, the West Edmonton Mall was legendary. I remember going to the West Ed. for the first time; it felt like a mall just
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by hnnewguy 13y ago
That citation might be tough. But what do you honestly believe? Personally, at this point, with all the Snowden revelations, it should be up to Facebook to prove to me that they aren't sharing information with the government.
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by hnnewguy 13y ago
> Wouldn't that just cause lenders to increase their interest rates? Yes it would. Only unexpected inflation will affect debt repayment rates (in theory).
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by hnnewguy 13y ago
> And in other news, global debt now exceeds $100 Trillion dollars So, what are global assets worth, then? Why only talk about one side of the ledger? Debt doesn't exist in a vacuum.
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by hnnewguy 13y ago
> The saddest part for me in the late 90's was the influx of business majors who were going to 'show up how its done' as opposed to problem solvers and team builders. Funny, the saddest part for me, both in the late 90s a
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by hnnewguy 13y ago
> The only story of relevance here is that Digital Ocean has a line in its TOS about not allowing "harassment or embarrassment", and they will enforce it if you do indeed harass a guy. I think you are missing the real releva

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