hong_kong

5 ms·

1.
by hong_kong 3y ago
I don't think it's intelligence but the sudden shock that these kids struggle with. Most ivy league kids will have succeeded in ~everything before college, and likely internalized the belief of their talent / status as top of
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by hong_kong 3y ago
Probably. He'd probably think Russian roulette was a safe game if he survived a round of it.
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by hong_kong 5y ago
People also seem to be overlooking the benefits of downward optionality - you effectively transform a fixed cost (servers and staff to run them) into a variable one, that you can flex down cheaply (no long-term leases or redundancy payments
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by hong_kong 5y ago
By your logic, Germany should be annexing Austria and parts of Switzerland.
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by hong_kong 5y ago
The "kidnapping" in your example happened in 1949. It's no longer about the hypothetical daughter, but more likely her grandchildren. Given the passage of time it's farcical to insist on reversing this.
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by hong_kong 6y ago
My take is that we're still adapting to and experimenting with how to live with the internet, given how it fundamentally changes so much and the transition is still very much ongoing. Every revolutionary technology probably generated s
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by hong_kong 6y ago
The average professional fund manager actually underperforms the S&P. It wouldn't be unreasonable to assume that the average retail investor does even worse. However, there's an easy way for people to overcome this - buying a
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by hong_kong 6y ago
It's hard to take advantage even if things are frothy to be honest. The market can kick the can down the road for years longer than you expect, and melt up in the process - you could lose your shirt by shorting. The only concrete adv
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by hong_kong 6y ago
Not the OP, but check out the below examples. Beneficiaries across the range, from fundamental equity funds, quant funds, and distressed funds. The retail guys weren't just buying shares from themselves and market makers. https:&#x2
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by hong_kong 6y ago
Any assertion of what 'most' Chinese citizens want is unprovable given the lack of any representation on any level of society. Plenty of China watchers are happy to claim that Chinese people all support their government - and yet
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by hong_kong 6y ago
You could say the same about any undeveloped country, but in reality only a small number of countries have successfully transitioned into developed status - Japan, Korea, Taiwan, Singapore, HK. It's not as straightforward a process as
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by hong_kong 6y ago
Actually each of Thailand, Taiwan, and Hong Kong have their own distinctive milk tea, only one of which (TW) is bubble tea.
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by hong_kong 6y ago
Cable operators already offer skinny bundles with only news/sport for lower cost, so you'll get a new leg down just from that + full cord cuts. But that's just delaying the inevitable I think - they'll abandon cable TV
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by hong_kong 6y ago
Only superficially. Just because China's population is larger doesn't mean it won't get hit by the same forces as Japan back in the 80s. China had a demographic tailwind in the past few decades, which is reversing now as th
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by hong_kong 6y ago
https://chiron-risk.com/when-is-shareholder-activism-actuall...
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by hong_kong 6y ago
Short sellers do a better job than auditors in rooting out financial fraud and stemming the flow of capital to bad actors. Besides Wirecard, notable success stories have include Steinhoff, Luckin Coffee, NMC Health, Noble, Valeant - and tha
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by hong_kong 6y ago
When it comes to demand for the shares: doesn't matter. IPO price discovery is done by institutional investors, not retail. Impact on the fundamentals is a bigger risk to them, as RH's target market is retail/individuals. P
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by hong_kong 6y ago
https://www.cnbc.com/2021/01/28/interactive-brokers-restrict... “The broker stands between these customers and the clearing house,” said Peterffy. “So when some option holders make money, the clearing house