hogFeast

41 ms·

301.
by hogFeast 5y ago
What do you mean? There is no way to make it simpler because that is what it is: markets are not some kind of hyper-intelligent, sentient being. If you put garbage in, garbage comes out (and markets operate within a regulatory/social c
302.
by hogFeast 5y ago
EMH doesn't exist. People interpret a system that is accurate on average (and even then not really, it just reflects marginal expectations) with things like "efficiency" that are totally useless and irrelevant universal state
303.
by hogFeast 5y ago
Remember earlier this year a fund manager said they expected inflation over 5%, and probably 8-10%...I can tell you that view was regarded as total and utter insanity at the time. But you looked at fiscal, you looked at monetary...and how c
304.
by hogFeast 5y ago
Nothing. If the BoA analyst makes lots of bad calls, he loses his job and has to find something else to do. This is not related to anything else that BoA does.
305.
by hogFeast 5y ago
I would do some more research on 2u, they do not have a good reputation (indeed, almost no for-profit education companies do...the sector is very fashionable because a bunch of Chinese companies have made tens of billions in this market...b
306.
by hogFeast 5y ago
Taking medication doesn't make the problem go away. I understand why people do it if their job relies on it...but the point of taking medication is so you can expose yourself to the fear, and then don't need the medication at all
307.
by hogFeast 5y ago
There is a book about the history of Tabasco - https://www.amazon.co.uk/dp/B000W9393O/
308.
by hogFeast 5y ago
Would you call Sacha Baron Cohen a troll?
309.
by hogFeast 5y ago
I am building my first "big" project in Rust, and went through this issue. Lifetimes are actually pretty simple, although anonymous lifetimes and the compiler inserting implicit lifetimes at compile-time can make the actual behavi
310.
by hogFeast 5y ago
Saying that liquidity reduces is a fallacy that was believed quite heavily pre-2007. Liquidity does not reduce risk, it has no effect on risk because it has no effect on outcomes. If you invest in a stock that goes bankrupt, there is no way
311.
by hogFeast 5y ago
Pretending you have virtue is not being virtuous. It is the opposite of virtuous. The "ancient view of virtue" was concerned with the internal, not external. Whether you say something is true, whether you say are virtuous has no b
312.
by hogFeast 5y ago
I am not sure this is for consumers. If you are a developer though, this is clearly pretty attractive.
313.
by hogFeast 5y ago
Yep, I am in the UK. Prostitution/brothels are nominally legal where I am (and have been for three decades) but they began cracking down recently. Religious groups allied with violence against women charities. This has been with mixed
314.
by hogFeast 5y ago
For reference, the total value of US household financial wealth is ~$100tn. You can explain the rise in the value of a small group of tech companies in terms of the large increase in cash balances (as a result of money printing, fiscal stim
315.
by hogFeast 5y ago
Very simply: plain decision trees usually overfit to training data (and, therefore, perform very badly out of sample). So the important part isn't the tree but the boosting. How you go from an ensemble of weak learners to something tha
316.
by hogFeast 5y ago
Or buy commodity etfs, gold etfs, miner etfs, etc.
317.
by hogFeast 5y ago
Trolling existed before the internet. It is just satire. And the reason this issue exists is, as I think you imply, is why trolling is effective and why satire still exists as a form of comedy: people are usually totally unconscious of thei
318.
by hogFeast 5y ago
This includes financial literacy. Tbf, I have no idea what the average level of financial literacy is. But I worked in financial services and I can confirm that: having a lot of cash from a job in which you are supposed to have financial li
319.
by hogFeast 5y ago
Apprenticeships everywhere get underpaid. In Germany, the idealist model for apprenticeships, I remember reading a few years ago that the pay was 2-3EUR/hour...how does that compare with the US minimum wage? I believe they brought in a
320.
by hogFeast 5y ago
The obsession that people in the US have with unions is odd. They were never a big part of the workforce, and the reason they declined in the US is simple: they didn't work. Too militant, links with organized crime, heavily politicized
321.
by hogFeast 5y ago
Going to offer a slightly different opinion here... Used a Herman Miller Aeron, yes...pretty decent. Is it worth retail though? No. If you can pick one up cheap, then fine. But I had some backpain/shoulder issues with the office chair
322.
by hogFeast 5y ago
There are quite a few mistakes here. 1) These markets aren't "black market"...they are unregulated. Operating in unregulated markets is fairly normal, investors don't like it because it is risky but there are other opera
323.
by hogFeast 5y ago
It also doesn't really work if you have to tackle a new problem. I stopped studying maths well before university. I am not some kind of math super genius. But working on my own stuff, which did involve new problems, I was up the creek
324.
by hogFeast 5y ago
Then why say it? If you are equating oligarchs to criminals then why does it matter that they bring money into the UK? And yes, it does. That is why the UK was one of the first signatories to CRS, that is why the UK complied fully with FATC
325.
by hogFeast 5y ago
£90bn in a financial system that moves trillions daily. The UK isn't the money laundering capital of the world...you have just quoted yourself...it is an extremely bad idea to launder money through the UK's financial system (unles
326.
by hogFeast 5y ago
As said with the other comment, Netherlands has negotiated bilateral deals with individual corporations. So the rate you are quoting is for Dutch corporations but now what foreign corporations pay. That is why almost large corporation has a
327.
by hogFeast 5y ago
That is the rate for Irish corporations, not foreign ones. Ireland, Netherlands, Luxembourg all negotiated bilateral deals with individual corporations so their effective tax rates are, at most, 3%.
328.
by hogFeast 5y ago
This isn't about countries with 15% corporate tax rates. This is about countries, like Ireland or Netherlands, with 0% corporate tax rates. The UK loses a huge amount of corporate tax from EU tax havens, and the opposition has formed b
329.
by hogFeast 5y ago
No, it doesn't. The UK is the number one loser globally from corporate tax avoidance (the reason why we have a 15% rate is because the UK functionally stopped being able to collect corp tax because of the big EU tax havens agreeing dea
330.
by hogFeast 5y ago
Again, for most of the sample in the OP, it isn't the case that consumer basket is unchanged. Most of the world didn't move out of subsistence living until relatively recently. Their consumption basket was basically identical to s

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