hnnewguy

21 ms·

151.
by hnnewguy 12y ago
Pretty much everything he writes is a good read. He takes his liberties here and there (especially with Flash boys ), but he is an intelligent man with a knack for story-telling. Very easy reading. So add Moneyball , Liar's Poker
152.
by hnnewguy 12y ago
Maybe if the early adopters actually spent them into circulation, rather than treating them as an "investment", waiting for the "mainstream" to buy them at higher prices.
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by hnnewguy 12y ago
> That 'gps-lockdown' is to make sure the machine doesn't get moved around just for the heck of it taking it out of spec and then having the manufacturer turn up after a bunch of complaining. I thought the same thing when
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by hnnewguy 12y ago
> So you want to deny that there are people who are just inefficient? He's offering a different perspective on what the problem might be. If your default view is that these people are "inefficient", you're probably
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by hnnewguy 12y ago
> What is with the milk hate? Is it cool to not drink milk now? Most of the modern "fad" diets are against dairy. Personally, I'm torn. I'm half-convinced that it's "unnatural" for human consumption,
156.
by hnnewguy 12y ago
> Would that be 100% retarded or just about 70% retarded? I'll go with "less than 70%". Or at least I hope, because that's what I did. Coming from a Economics background (with a minor in Statistics), I took a job as
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by hnnewguy 12y ago
> People are going to continue to use devices more and pens less right up until no one uses pens any more. And what prevents Staples from adjusting their product offerings to lean more towards "devices", and less towards &quot
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by hnnewguy 12y ago
> unemployment rates can be redefined to include or exclude certain people depending on what are the desired results The metrics aren't redefined, nor are there "desired results". There are a variety of unemployment meas
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by hnnewguy 12y ago
> I fear that 1999 was "peak labor" A few percentage points over the course of 25 years? How significant is that over the course of millennia? People have been "fearing" peak labour for centuries. Guessing where te
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by hnnewguy 12y ago
Boy am I glad to see this is the top comment. There's nothing misleading about the 5.6% figure. That's the number, and the details on how it's calculated are freely available. If you don't like it, choose another value
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by hnnewguy 12y ago
> should know better than to generalize from one sample It isn't simply looking at one data point; there are economic fundamentals that demonstrate that this will occur. Just grab any Econ 101 textbook. Granted, it isn't a s
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by hnnewguy 12y ago
QE isn't "money printing for big companies and Governments" and stock buybacks are just another way to return capital to shareholders. How is it that so many articles devolve into the criticism of banks? Why do people bother
163.
by hnnewguy 12y ago
> Ten days ago Monty suffered a severe allergic reaction during a simple medical procedure that left him in a coma. Such a young guy. Remember that you can never be sure how many "tomorrows" you get.
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by hnnewguy 12y ago
> convinced I wouldn't put much stake in that. What choice do you have when the government is trying to "convince" you to do something? You play ball.
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by hnnewguy 12y ago
You don't like sports. We get it. Why do you care so much that others do?
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by hnnewguy 12y ago
> Very little of the $$ spent by the government helps 'the poor Do you have any idea what the aggregate size of transfer payments are in the US? Yes, you can point to inefficiencies all over the place, but it doesn't change t
167.
by hnnewguy 12y ago
> Can the US police arrest you to visit just the web page and search on it? I'm going to sound like a paranoid nut (and I can assure you I'm not), but the reality is, if you get a target on your back the "US police"
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by hnnewguy 12y ago
> Think buying conversion of an audio CD into mp3 for listening in your car. How is it a "right" if I have to pay extra for it?
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by hnnewguy 12y ago
> So yes, I support people who think about retiring early. If youth is the best time of one's life, it shouldn't be wasted on the desk It's funny, the different perspectives people have on retirement. I don't plan on
170.
by hnnewguy 12y ago
> What other corporate products must I consume There is more to "sports" than watching them on TV. How about participating in them? It's good for your health, sort of like not eating McDonald's. > If I don'
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by hnnewguy 12y ago
> Where while complying with the law, you protest it, because that's how you act in a civilized society. Lots of talk in your comment about the "real world", without a hint of irony that our "civilized society"
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by hnnewguy 12y ago
> that a luxury phone and computer maker with a hoard of cash would benefit the poor. If they were forced to re-patriate and pay taxes on that cash, how could that not "help the poor"?
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by hnnewguy 12y ago
> I still find the supposition that Facebook was supposed to defy a court order hilarious. For me at least: it's the idea of making a public pronouncement that you support some political view (because that's easy). Then you d
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by hnnewguy 12y ago
> The ones that can execute often already are, and aren't wasting their time doing cofounder dating. The same can be said about programmers, I guess. What a horrible attitude. FYI: many startups fail because the founders don'
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by hnnewguy 12y ago
> you would have growth beyond what the economy experienced during that period, right? Are you looking at US growth, or global growth?
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by hnnewguy 12y ago
Congrats to these guys, nice debut. > Who is buying this stock? Not me, but that's what makes a market.
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by hnnewguy 12y ago
> If it was a short-term bet, your criticism is valid. But this is a long-term bet How can you even claim to know what sort of bet it is? I don't believe Mr. Andreesen is nefarious, but I fully expect him to talk his book. It wo
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by hnnewguy 12y ago
> Does replacing Bitcoin's logo with the picture of a cute dog now make you some sort of authority on distributed consensus algorithms? No more than owning some Bitcoin makes one an authority on monetary economics and finance.
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by hnnewguy 12y ago
> How is a piece of paper any more valuable than a hash though? You can pay your taxes with it. It's really just that simple; that's what gives fiat its value. Your government accepts it, thus it's backed by the product
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by hnnewguy 12y ago
I like Mr. Andreesen and all, but an Op-Ed by a VC heavily invested in Bitcoin technology constitutes "research"?

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