javanissen

7 ms·

31.
by javanissen 2y ago
The Economist has published several critiques of ESG investing: - ESG is overbroad and contradictory, and funds that select investments solely based on emissions criteria would serve investors better [0] - ESG is ineffective because it is r
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Notes on Developer Efficiency(gist.github.com)
1 points by javanissen 3y ago|0 comments
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by javanissen 3y ago
I don’t follow the Harry Browne portfolio advice, but I have read Craig Rowland’s very good book about it [0], and I disagree. The Permanent Portfolio has had pretty good overall returns extremely consistently despite its low (25%) stock
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by javanissen 3y ago
NYC is nowhere near the population density of many other global cities, even nice ones like Seoul [0] (sorry for the mediocre link). Anecdotally, as an NYC resident I am astounded by the number of empty lots in Manhattan and buildings with
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by javanissen 3y ago
> Companies are the problem. Companies sell to people. If the people reject certain types of products en masse, the company has to change its behavior or it will die.
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by javanissen 3y ago
I disagree. I have one vegan friend. When we go out to eat in a group, we prioritize restaurants with good vegan options, and we often end up at a place that specializes in vegan food and the whole group ends up eating meatless meals. So ju
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by javanissen 3y ago
This article cites an LA Times article as justification that “New York is one of the most violent cities in America,” but that cited LA Times article states that NYC is safer than the next six most populous cities and that the situation is
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by javanissen 3y ago
VTI is trading at 20.6x earnings, which is a little high but nowhere near “the sky is about to fall and everyone will be crushed” territory.
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Ask HN: What is your “third place?”
4 points by javanissen 3y ago|6 comments
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by javanissen 3y ago
How could a British journalist know, with any degree of credulity, what share of the national wealth was owned by Jewish people in Nazi Germany in 1938? The same government that massacred millions of Jews a few years later would have happil
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by javanissen 3y ago
Hyperinflation isn’t the cited issue above - it’s the deflationary period from 1929-1932, which aligns quite well with the rise of the Nazi party. Both the GFC and Great Depression were deflationary.
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by javanissen 3y ago
That is the rule with a Roth IRA - pull out up to your contribution value without penalty. Early withdrawals from a Roth 401(k) are different: if your account is 80% contributions and 20% earnings, any early withdrawal you make will be pror
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by javanissen 3y ago
They ruined it! Pre-acquisition Heardle played the song from the beginning immediately after you finished guessing. Post-acquisition, you had to open the song in Spotify which introduced a lag of several seconds. The immediate visceral rewa
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by javanissen 4y ago
Citations are needed here. > strongtowns.org which is a non-credible source run by a crank I've yet to see a comprehensive takedown of the main points of Strong Towns that isn't addressed directly in the book. I don't thin
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by javanissen 4y ago
To be fair, committing to never having children is not uncommon among people in my age group (mid-twenties). And I agree - it's a shit plan, but there are a set of relatively pessimistic assumptions embedded in the shit plan as well: -
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by javanissen 4y ago
Yep. I live in NYC because the my thought process was the same, with the additional constraint that I needed to be close-ish to family. Have not regretted it for a second
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by javanissen 4y ago
There’s a decent point here, but it’s not insurmountable. If these people lived on $32k net (in today’s dollars) their entire lives, they definitely won’t need $1.5m (in today’s dollars) for retirement. That would generate about $60k (gross
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by javanissen 4y ago
Yep. Deli sandwiches and halal cart are surprisingly cheap
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by javanissen 4y ago
Not if the supply dramatically outstrips demand. If you want to live in a walkable city in America with decent public transit (to the point where car ownership is optional), low to moderate crime, and lots of jobs, relatively few places mee
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by javanissen 4y ago
I live in Midtown, make $130k and there’s tons of money left over. I have friends from childhood who live in Brooklyn, make <$40k and do fine by just having some roommates. The paradox is that NYC, despite having a bunch of expensive stu
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by javanissen 4y ago
Treasuries are exempt from state taxes, at least when held directly
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by javanissen 4y ago
> You don’t even know what the end user will do with the data Posting private notes from psych evals to a darknet leak site is unambiguously morally wrong in a society that stigmatizes mental health conditions. > Blah blah blah the st
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by javanissen 4y ago
Given that the author seems to have reposted it themselves, I’m not sure it’s an issue
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by javanissen 4y ago
I can't tell if it's rational in my case - my company also seems to be in good shape financially - but I am quite nervous.
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by javanissen 4y ago
> Housing can not be both an investment and affordable. Mathematically this isn’t true, as housing (even owner-occupied housing) pays a dividend [0]. So a house whose price tracks inflation (0% real price return) that pays a 4% dividend
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by javanissen 4y ago
You expect 18.85% annualized inflation for the next 40 years?
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by javanissen 4y ago
Read the articles on Bogleheads.org and the r/personalfinance Reddit wiki on managing windfalls. Do not feel the need to invest this money until you understand your options and have a baseline understanding of your risk tolerance. In m
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by javanissen 4y ago
The house depreciates. The land underneath it appreciates fast enough to make up for it (in the aggregate).
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by javanissen 4y ago
The landlord’s financing costs could be a fraction of yours. Suppose a landlord bought a unit identical to the one you’re looking at, in the same building, in 2012. I live in Manhattan, where the housing market is up 80% since 2012 (source:
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by javanissen 4y ago
Let me clarify. I am privileged in many ways, and I agree that such a class exists and is growing. I’m in my twenties and almost everyone I know is a flat-broke renter. I did not mean to imply that everyone can easily save and invest their

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