jsanford9292

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by jsanford9292 5y ago
Sherlock | Frontend Engineer | Fully remote | Full-time Sherlock is a decentralized protocol built by crypto missionaries. The goal is simple: protect end users from smart contract exploits. We are live on Ethereum mainnet with a $30M TVL g
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by jsanford9292 5y ago
Sherlock | Engineering roles in DeFi/smart contract security | Work anywhere | Part-time or full-time Come join the DeFi movement and have your finger on the pulse of everything. Sherlock is a protocol designed to help other protocols
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by jsanford9292 5y ago
Sherlock | Remote | Full-time/Part-time | Anyone interested in crypto | https://twitter.com/Sherlock_DeFi The Sherlock team is extremely passionate about bringing DeFi (Decentralized Finance) to the masses. One of the
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Show HN: Using ML to Find Funniest Friend in Friends(medium.com)
1 points by jsanford9292 6y ago|0 comments
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by jsanford9292 6y ago
What a useless article. No real conclusion and no new information. Raising the minimum wage CAN have negative effects. This is obvious. If you raise the minimum wage to $10,000 per hour, what happens? Hamburgers cost $1,000 each and nobody
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by jsanford9292 6y ago
There are massive flaws in the logic of this piece. In order for JP's metaphors to be accurate, the following would need to be true: 1) CELL PHONES CAUSE HURRICANES. 2) HOSTILE ALIENS ENSLAVE US EVERY YEAR. First, let's not get hu
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by jsanford9292 6y ago
Wow. I read this news on Twitter first and immediately thought what you so eloquently wrote above (even so far as comparing the imperfect measure to democracy or capitalism). Except I didn't find a single representation of this view on
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by jsanford9292 6y ago
Precisely. Decision-making is more complicated than it seems and people actually intuit a lot of it (such as nonlinear consequences).
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by jsanford9292 6y ago
Just like his "400 mi range BMW", I fear George will find himself on the wrong side of history. Let's start with cars: why has George gone out of his way to put down Tesla, lumping it in to his "not-a-new-product" c
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by jsanford9292 6y ago
Unpopular opinion but to me this reinforces the massively important role of short sellers in free markets. Yes they are often on the wrong side of these "exposés" (Tesla comes to mind) and can create some harm in those cases, but
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by jsanford9292 6y ago
Looks like (b) is the answer. They released this tweet on Aug 7, 2019 (the next day after announcing they were targeting an LSE-listed company): https://twitter.com/muddywatersre/status/1159009866020618241 Pretty
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by jsanford9292 6y ago
First sentence states: "When faced with a decision, people may know which choice gives them the best chance of success, but still take the other option." THIS CAN BE RATIONAL. "Best chance of success" ignores weightings.
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by jsanford9292 6y ago
Yes, this is the 2nd totally unprecedented economic "black swan" in the past 12 years. But I agree with you. The cause may always be different, but the problem lies in the principle. We are bailing out airlines because we cannot &
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by jsanford9292 6y ago
I spent two years studying US regional banks and I can tell you that what you're saying is factually correct. 08 effectively nationalized the big banks. "Too big to fail" means any bank over a certain asset size will be rescu
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by jsanford9292 6y ago
Exactly. I think the country example would be similar to the state with billionaires leaving but more importantly, companies leaving due to the higher corporate tax rate that would be necessary to finance these social programs. Medtronic an
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by jsanford9292 6y ago
Scandinavian countries are an interesting example. For example, they heavily tax their middle class, are quite business-friendly and have no required minimum wage. But as you are alluding to, they do get away with a high GDP per capita desp
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by jsanford9292 6y ago
I think we focus too much on the "should"s and not enough on the mechanisms that make things like public healthcare, public transpo, etc. a reality. Obviously these standards of living cost money. Great. Which is why we have taxes
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by jsanford9292 6y ago
Sometimes I wish we could pick a US state and turn it into this vision. Social safety net for all, free healthcare for all, no loopholes for the rich. There are so many people who would like to see how this plays out. And more importantly,
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by jsanford9292 6y ago
Value investing has been replaced by government support. Big companies like airlines are not allowed to "get cheap" anymore. From Berkshire Hathaway alone, there are hundreds of billions of dollars of private money waiting to step
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Ask HN: Best Way to Create a Clean Personal Website?
17 points by jsanford9292 6y ago|9 comments
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by jsanford9292 7y ago
You can argue that the coronavirus is an unforeseeable event, and I would agree. However, in economic terms, this virus will likely translate to a 2-3 quarter demand shock (softening of demand). Any well-managed business should have a plan
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by jsanford9292 7y ago
100% agree. It is painful in the short-term but if we rescue these companies, they will continue to be reckless and will need more rescuing in the future.
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by jsanford9292 7y ago
I am sorry to say that I agree and, to be effective, capitalism needs to work much like natural selection. Weak companies (such as the airlines during the COVID-19 outbreak) need to be allowed to die. If we rescue these poorly managed compa
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by jsanford9292 7y ago
I'm really glad this comment exists. Just because this article is written by 3 PhDs and posted by HBR doesn't mean it isn't complete nonsense. The comment by Michael O'Hare in the comments section of the HBR article is a
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by jsanford9292 7y ago
I am skeptical of this article. Paragraph 5: GE beat the market by 2x over Welch's career. Paragraph 6: The market is the reason Welch's track record looks so good.