jbay808

30 ms·

301.
by jbay808 4y ago
> I always thought this was anthropomorphism. I have dogs and I thought dogs more just “are” rather than self aware. I'd consider it more from the perspective of Occam's razor and prior probabilities. You have a brain, you are
302.
by jbay808 4y ago
> Real rates are usually negative. Let me put that a bit more precisely: https://www.longtermtrends.net/real-interest-rate/
303.
by jbay808 4y ago
I'm not saying that you can time the market. It's a lot more nuanced than that. * You don't know the long term path of interest rates. Even the Fed Chair doesn't, because they don't know what will happen with inflat
304.
by jbay808 4y ago
A bubble can still form on the back of strong fundamental growth trends. To the extent that people have convinced themselves that housing can't be a bubble because demographics are in its favour, they may also be willing to buy in at
305.
by jbay808 4y ago
I mean that real estate prices get hit hard. The consequences of that may vary depending on where you are, what you've borrowed, and what you own.
306.
by jbay808 4y ago
> Are their countries with negative nominal rates without asset bubbles? That's very hard to know, but to be clear it's negative real rates that drive the bubbles. There's much more incentive to speculate when cash is a
307.
by jbay808 4y ago
Yes, I didn't mean to imply that wasn't the case. I meant that in the US, homebuyers can fully protect themselves from the downside risk, an option that doesn't exist in many other countries (like Canada).
308.
by jbay808 4y ago
> If the company sees its stock rising, it can and should... absorb some of it through a stock sale That's ultimately down to the incentives in place. If the board members have a lot of options in their compensation package, they mi
309.
by jbay808 4y ago
(This situation might not be familiar to US commenters, who can lock in an interest rate for their entire mortgage).
310.
by jbay808 4y ago
Zero percent interest rates cause a bubble because valuations have to increase to the point where their forward-looking returns are a risk premium above bonds. When rates are zero for a long time, that means valuations go very very high. Wh
311.
by jbay808 4y ago
If you bought in at the 2000 peak, it took about ten years to break even, and you'd have to have kept holding it through the 2008 crisis when you might have been losing your house. Also, there were a lot of other companies that people
312.
by jbay808 4y ago
RE is highly leveraged (people borrow money to buy it), meaning that it gets hit hard by rising interest rates.
313.
by jbay808 4y ago
Unfortunately, the correct answer is that a badly timed heat wave damaged their harvest: https://www.reuters.com/world/india/india-slashes-wheat-outp...
314.
by jbay808 4y ago
If India has an unusually large domestic supply this year, why are they now restricting exports?
315.
by jbay808 4y ago
> But my parent's generation said the same thing to me about CRPGs like Planescape: Torment Wasn't that released just three years prior? How old are your parents?
316.
by jbay808 4y ago
> The entities we perceive interacting with each other in the dream, what are they? One thing that tends to be the norm for my own dreams, when I'm cognizant enough to remember them: even when they are realistic, they are genuinely
317.
by jbay808 4y ago
I'm all for serviceable batteries, but I don't see how it solves the shipping safety issue. So you ship the EVs without batteries, and then... you ship the batteries?
318.
by jbay808 4y ago
SD card port too, which Google always seems to neglect. But Sony needs to figure out how to number things in a straightforward way.
319.
by jbay808 4y ago
> That said, Tether is now back to trading at $1.00 on all the major exchanges. Either you're rounding up to 2 decimal places, or that's not what I'm seeing: https://ca.finance.yahoo.com/quote/USDT-USD
320.
by jbay808 4y ago
Isn't it fairer to call this a .7% deviation over 12 hours?
321.
by jbay808 4y ago
Hollywood at least got it right in Apollo 13 !
322.
by jbay808 4y ago
It's also not the first asset class that comes to mind when I think of "not highly leveraged"...
323.
by jbay808 4y ago
> Can somebody explain how raising rates can do anything to what really seems like a supply side problem When supply is too low, inventories are restored by producing more goods than we consume. That also happens to be the definition of
324.
by jbay808 4y ago
Properly designed switches have a hysteretic snapping action on the contactor, so that there is no position of the switch that would result in the contactor not being fully open or fully closed.
325.
by jbay808 4y ago
To be fair, some things are lost in translation. There are many ways to say the word "my" in Japanese, each carrying their own connotation of status / attitude, and it's hard to preserve that connotation in an English tr
326.
by jbay808 4y ago
I don't think that steelmanning a position you're arguing against is unfair or dismissive of that argument's opponents. > Alexander was “steelmanning” and bending over backward to understand the position... but in doing so
327.
by jbay808 4y ago
Japan also had a colossal real estate bubble pop in the early 90s, which created lasting lessons for Japanese real estate speculators.
328.
by jbay808 4y ago
You seem pretty convinced. Let me see if you're talking about the same pedantic distinction that oh_my_goodness was. A: "an urn containing either a white ball or a black ball". B: "I notice that the ball in the urn A is
329.
by jbay808 4y ago
If that doesn't, I'm not sure what would. Maybe it would help if I taboo the word "subjective". Are you familiar with Maxwell's demon? Let's set up a variation of that experiment. I have a partitioned box full
330.
by jbay808 4y ago
A thermometer doesn't measure temperature any better than a meterstick measures length. And we all know what Einstein had to say about the relativity of metersticks. To paraphrase from the paper I linked in another reply to you, a the

More ›