hurricanetc

55 ms·

91.
by hurricanetc 7y ago
Complains about autopilot. Plays video game in the car with hands off the wheel. Well, okay.
92.
by hurricanetc 7y ago
Those facts also make it a risky bet because it is easier for competitors to enter the market. Airbnb is only massively profitable because they have a dominant position but what will happen if that position starts to slip and they have to c
93.
by hurricanetc 7y ago
House rules, check in, check out, and cancellation policy are all available upfront on the listing. Even if what you said is true, and it isn’t, you still had time to review and cancel inside the cancellation window. The fact that you chose
94.
by hurricanetc 7y ago
I fail to see the distinction or the point you are trying to make with it. Boeing was awarded 50% more than SpaceX. If Boeing had to start from scratch why would NASA even bother?
95.
by hurricanetc 7y ago
Boeing doesn’t know how to deliver on time and on budget any more. They have spent too long being able to do whatever they want that when faced with a nimble competitor they absolutely flopped. And they finally found a circumstance that the
96.
by hurricanetc 7y ago
Boeing is used to delivering late and over budget. They haven’t had to really compete in decades. And NASA awarded them $2 billion more than SpaceX. Boeing is just a bloated, incompetent, and corrupt mess of a company.
97.
by hurricanetc 7y ago
We stopped considering contractors from California. We will wait for the law to be clarified or repealed.
98.
by hurricanetc 7y ago
Nonsense. Fear or nuclear is a result of decades of lobbying and fear mongering by anti nuclear environmentalists.
99.
by hurricanetc 7y ago
Environmentalists just can’t get out of their own way. Solar and wind were never viable alternatives to replace nuclear in Japan. It was always going to be coal. But when good is the enemy of perfect this is what you get. So let’s raise our
100.
by hurricanetc 7y ago
We can’t out monopoly China and it’s absurd to try.
101.
by hurricanetc 7y ago
I’m not. The premise here is that financing a car for 7 years makes you an idiot. That’s only true if you are already bad at personal finance.
102.
by hurricanetc 7y ago
Yeah that’s true. I was just keeping it more simple. Rounded a fair bit and assumed monthly dollar cost averaging. I didn’t even get into down payment or cash opportunity cost because just generally don’t even believe the basic examples.
103.
by hurricanetc 7y ago
They’ll need a forensic accountant to find this fine in their balance sheet. What is even the point of a fine of this amount? I’m not arguing for or against Apple being fined. It’s just such a pointlessly trivial amount for Apple as to be t
104.
by hurricanetc 7y ago
The people who understand money and finance will end up ahead of those who don’t. Denying this reality will lower your risk profile but also lower your potential rewards. If you can’t control your spending and investing then don’t finance a
105.
by hurricanetc 7y ago
The last 3-7 years the average is over 20%. Your financing argument is actually flipped. You will get a better cash price if you finance because that is where dealers make money. Your best strategy if you want to pay cash is to finance the
106.
by hurricanetc 7y ago
Right. Which is why most people are better off not financing anything at all. But financing doesn’t make you an idiot.
107.
by hurricanetc 7y ago
Over the last 10 years it’s been closer to 15-24% but that isn’t normal. 8% is about the historical average. But yes most people don’t treat money this way.
108.
by hurricanetc 7y ago
Fed rates are low enough that banks can borrow and offer financing at seemingly impossibly low rates while still making money.
109.
by hurricanetc 7y ago
I would say it's quite apparent that consumer behavior did change. Consumers could have taken cheap money and continued buying cheap cars... but they did not. But you can't blame Wall St for this. This debacle is squarely on the
110.
by hurricanetc 7y ago
You can finance a cheaper car. Buying with cash carries a large opportunity cost due to compound interest being a helluva drug. If you can finance at an interest rate below what you are earning in the market then you are better off financi
111.
by hurricanetc 7y ago
It's not that simple. If you plan on keeping the car and the interest rate is low enough you are likely better off taking the longest term loan possible. Consider a $30,000 vehicle. I can finance it at 1.9% for 48 months or 84 months
112.
by hurricanetc 7y ago
There is no shortage of cheap vehicles in the US. People buy expensive cars because they want them, not because they need them.
113.
by hurricanetc 7y ago
Next part in the series: Why using Telegram is dangerous.
114.
by hurricanetc 7y ago
Those are US numbers only. The CDC estimates that 291,000 to 646,000 people die worldwide every year. You cannot take the US mortality rate and assume it would apply to any other country and especially not China. https://www.cdc.
115.
by hurricanetc 7y ago
Apple got up on a stage and proudly boasted that they were shipping a phone with a 7nm chip. It was global news. It might strictly be B2B for TMSC but it’s not B2B in general. Customers of TMSC want to market these silly designations and TM
116.
by hurricanetc 7y ago
Projecting an image of a person or a stop sign was a funny troll. But then it got deadly serious when they also demonstrated projecting LANES and tricking the car into veering into oncoming traffic.
117.
by hurricanetc 7y ago
Can’t wait to see what the Fed will try to do when the next recession hits. They’ve been searching deep into their bag of tricks to keep this phony expansion running. The next recession is going to be a bloodbath. Not sure what else the Fed
118.
by hurricanetc 7y ago
You would have to be an absolute fool to put your business on a Google messaging platform. If you hope your business lasts a decade you’ll likely be forced into a major platform switch 3-4 times. Not to mention Google is essentially a spywa
119.
by hurricanetc 7y ago
There are other metals and materials involved. It’s a partial solution. We really aren’t even close to a truly carbon neutral steel production. Maybe by 2100.
120.
by hurricanetc 7y ago
That process is entirely electric and so the benefits depend completely on the energy provider, is 10 years away from actually-maybe happening, and requires CCS to be carbon neutral. The last bit is the most relevant to this particular disc

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