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jariel
searching PlanetScale…
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89 ms
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661.
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by
jariel
6y ago
Industry is going to have to get their nomenclature straightened out because nobody really knows what's going on in consumer land. HD was something people understood - 4K maybe. Beyond that, not so much.
662.
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jariel
6y ago
I'm sorry, it's not Rowling that is 'bullshit' - rather it's this comment. a) Plenty of wealthy people have been 'cancelled', that they haven't been, is not evidence that many have not tried. b) Her p
663.
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jariel
6y ago
Yes, except that an apology was all that was necessary. Claims of racism in the national press are ridiculous.
664.
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jariel
6y ago
We should not underestimate the amount of knowledge transfer we're going to lose out on. I learned how to be a dev from the senior devs around me in the first few years of my career. I couldn't imagine not having that opportunity.
665.
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jariel
6y ago
There's nothing to suggest the underlying fundamentals would change. It's possible the resurgence in interest could save the company, but it's not going to turn into a growth company, and won't ever have anything near a
666.
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jariel
6y ago
The populism here on HN has been indeed disturbing, what with nobody willing to look at it from anything other than the lens of 'Robin Hood Fury'. People talking in terms of 'shorts', 'positions', 'rights
667.
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jariel
6y ago
This is actually a good variation of 'Occupy'. It's a 'mob protest' against Wall Street, this time by buying stocks. The upward momentum on Game Stop will collapse as surely as the tents eventually evacuated Occupy.
668.
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jariel
6y ago
Wow, no. Amazon and FB are massive companies, growing massively every year. They are probably overvalued, but that's due to a P/E ration problem, not a fundamentals problem. Game Stop is straight up a flailing business, not very b
669.
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jariel
6y ago
I think the 'political optics' win for Johnson is going to more likely be: "We are the first major country to reach near full vaccination". Bibi in Israel is facing intense political ambiguity, and they are paying 3-4x (
670.
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jariel
6y ago
It's actually rational. They're flooded and can't handle the scenario - but they definitely can't stop people from selling because that would be locking them into positions. I don't like RH as a company, but if they
671.
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jariel
6y ago
There's nothing horrible at all about shorting, it's just about investing in the other direction. It's horrible if funds try to push a company down on that basis, but otherwise it's normal. It's 'good' bec
672.
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jariel
6y ago
Why does the media even remotely consider repeating the companies 'marketing mission' BS when reporting on them? CNN spent years with these fluffy articles basically promoting Robin Hood and their 'Occupy Wall St.' rubbi
673.
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jariel
6y ago
Well it exists because of natural resources. Quebec has in some ways paid the price for lethargy, I think due to the resulting institutional inefficiency, it's clearly poor for a more advanced province. That said - it's hard to fa
674.
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jariel
6y ago
That the Roman Empire was to some extent decentralized doesn't matter though - they had all of the power and were able to extract all of the surpluses from their vassal states. They definitely "the accumulated and monopolized powe
675.
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jariel
6y ago
Those are good points - often we're in different headspaces as well on the matter. Physical product design, mobile app, command line, common entry (like the software the waiter uses), pro software (i.e. Photoshop) are all very differen
676.
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jariel
6y ago
"there IS no answer" Sure there is. 'In the begging' it was was invariably led by some kind of founder/owners, and the values of the company were intimately related to their values. For better or worse. A public or
677.
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jariel
6y ago
"a Commonwealth based on the accumulated and monopolized power of all its individual members necessarily leaves each person powerless," ? It was like that way before the 'bourgeois' ever even existed. Roman Empire? Char
678.
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jariel
6y ago
A company is a balance of power between: Owners, Debtors, Executives, Employees, Customers and Suppliers - and the Externalizations (i.e. governments, regulations, treaties). The purpose is whatever the owners want it to be, in the context
679.
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jariel
6y ago
And the origin customers are companies themselves who want to achieve some kind of liquidity, but want nothing to do with mayhem. I can see major listed companies making rules about their shares requiring minimum transaction fees etc. to he
680.
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jariel
6y ago
--> Google Sidewalk Labs, Toronto. It's a pretty sad thing to think that building 'odd-looking avant-guarde, expensive and dysfunctional architecture has anything to do with building a functional future and helping to improve s
681.
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jariel
6y ago
"treating your users as incompetent" Actually, this is good practice. We are all busy and distracted. Dumbing down an experience to it's essential aspects is a great way to make something easier to use. If a 'fool could
682.
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jariel
6y ago
It's a good post but: " but a major one was the exodus of financialization experts from Wall Street to Silicon Valley. Suddenly the "get rich quick" mentality that had caused the 2008 crash was being adopted by senior le
683.
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jariel
6y ago
Robin Hood is the real life Pied Piper - people think they are changing the world but really they're leading people around in circles.
684.
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jariel
6y ago
That's actually a good point, at the same time, in the bigger picture, it's market chaos and nobody wants it. Basically, mobs are fighting against hedge funds using random companies as battle grounds - the markets are there to sup
685.
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jariel
6y ago
"Can someone help me understand Robinhood's POV? This just seems so outrageous" You are a mall owner and 25 000 people are stampeding through your mall causing a ruckus which will in the end create no value for anyone. This i
686.
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jariel
6y ago
If a Mall is rushed with 25 000 people in a day, you can be assured they will want to close the doors until the mob dissipates. The store owners, generally in favour of large crowds, are likely to agree because they don't want to be mo
687.
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jariel
6y ago
No, the funds will take a haircut and move on, they likely already have. The crash will be worse, and it will affect people personally - the plebes are going to lose a lot of money on this one in a few days when the market moves on. That it
688.
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jariel
6y ago
They will take a haircut and move on. Some of the plebes rushing the doors are going to get crushed. Given that a lot of people egging the plebes absolutely 'know better' you have to wonder what their motivations are.
689.
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jariel
6y ago
"So basically like almost every other trade? Every buyer needs a seller and vice versa." No, not at all. It's well known that this stock is massively overvalued. It's a mania, or a crowd-induced Ponzi scheme. This is dif
690.
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jariel
6y ago
No, this is the market defending itself from unwanted shenanigans. Listed companies want nothing to do with this. Restaurants like customers, but imagine a stampede of 1000 people rushing through the doors, it's not what they want. The
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