kolbe

41 ms·

511.
by kolbe 5y ago
Only homeowners pay property taxes. Depending on your income and where you live, saving 50% is totally doable. And since you’re into fanatical scenarios where home prices go up 50-70%, you should also apply the appreciation of the stock mar
512.
by kolbe 5y ago
Interest rates are extremely relevant when institutional investors are such large players in the real estate market. Also, the original submission noted that median homes cost 7x median income right now. That does not equate to 10 years of
513.
by kolbe 5y ago
Even murder can be tricky because medical advancements or hospital shutdowns can really impact the survival of severely injured people
514.
by kolbe 5y ago
I wouldn't be so confident they actual combat misinfomration in any way shape or form. My guess is $950mm of this money goes into the bank accounts of politically connected people, and $50mm is spent fecklessly pretending to do their j
515.
by kolbe 5y ago
I love this. In general, I've found you can do amazing thing to speed up common algorithms by tailoring them to your use case. It usually feels hacky, but I've found it to be very effective.
516.
by kolbe 5y ago
Thank /r/WSB for that. No one can short dog companies anymore for fear of being short squeezed.
517.
by kolbe 5y ago
For what it’s worth, you cannot really compare non-total return indexes with one another either. You’re assuming they have had the same dividend yield during the comparison period, which isn’t a reasonable assumption. In reality, only total
518.
by kolbe 5y ago
I don't know what regions you're referring to, but my family gets $75/acre rent on their land when their lessees plant alfalfa and $300/arce when they plant potatoes. In the Central Valley, they can grow even better crop
519.
by kolbe 5y ago
My grandpa was from a similar area (the Tulelake basin), and before they had trouble with water rights, alfalfa was exclusively a rotation crop, but you are correct that when water becomes scarce, that it falls into a category of the only t
520.
by kolbe 5y ago
Alfalfa is a rotation crop. No one grows alfalfa for the sake of selling it as feed. They grow it so they can grow something that makes money a year or two later without destroying their soil.
521.
by kolbe 5y ago
There's a lot of things I would rather other people do for my benefit and their detriment as well. Thank you for your contribution.
522.
by kolbe 5y ago
Double isn’t a substantial enough difference for your comment to materially matter. If the article had said they spend $2b in fees instead of $4b, the point doesn’t change.
523.
by kolbe 5y ago
I guarantee you he wouldn’t have transferred it to you for $1 despite the fact that you claim that’s well in excess of its value
524.
by kolbe 5y ago
People sometimes use that phrase to mean “suspicious,” (e.g. “I have a funny feeling”) or to imply black humor.
525.
by kolbe 5y ago
I would like to “flunk Econ 101” if the end result is a 40% return on my home price over the past 2 years.
526.
by kolbe 5y ago
I’m beginning to think this line of advocacy is a red herring. If we’ll-endowed entities like nation-state backed ransomeware attackers want to completely ransack companies with nine figure budgets, they will always win. To me, this is more
527.
by kolbe 5y ago
And this is an interesting little wrinkle, but one reason for the proliferation of high-frequency trading is to make the quoted spread to be wider than it needs to be. In the presence of predatory HFT techniques people who just want to prov
528.
by kolbe 5y ago
> AFAIK they have duty of best execution, so they're supposed get the best price irrespective of PFOF. Obviously this conflicts with their own incentives, but that's what the laws are for. There is a duty of best execution. I h
529.
by kolbe 5y ago
Former CBOE market maker here. You and the person you're responding to both have valid arguments. The problem is you are choosing only to present the ones that make this situation look good, and he's only insinuating the bad ones.
530.
by kolbe 5y ago
It also makes sense as a quid pro quo. But we can only speculate either way.
531.
by kolbe 5y ago
It gets philosophical, but founders equity has a lot of characteristics that I’m sure the government was not thinking of when they made the Roth IRA rules. For example, Thiel’s time was a massive reason for him getting the equity he did, so
532.
by kolbe 5y ago
Just as “they” are being presumptuous about how he got that much money in there, so are you. He may very well have made an extraordinarily good investment with his Roth IRA, but he may have transferred tens of millions of dollars worth of s
533.
by kolbe 5y ago
And if, in your hypothetical, assisting philanthropists in doing proper research into the usage of funds takes less than 5% of their time, then it’s a net benefit. What is the appropriate balance? Luckily you nor I get to decide. People don
534.
by kolbe 5y ago
To answer basically all of your questions: you glossed over charities using the money fraudulently or irresponsibility (e.g. hiring their friends for no good philanthropic reason) by simply claiming they have to fill out reports. Filling ou
535.
by kolbe 5y ago
Firstly, you should specify what it means to have “more money.” For one, her wealth is (to an approximation) all Amazon stock at a zero basis. She can’t spend Amazon stock, so in reality, she doesn’t have the amount of money that say Forbes
536.
by kolbe 5y ago
Unfortunately, due diligence is an essential element of any monetary transaction. Do you know how much time the world would collectively save if products just worked the way manufacturers claimed? If companies were straightforward with ever
537.
by kolbe 5y ago
The trade off, of course, is that while someone else may be more knowledgeable, they don’t necessarily share the same incentives as you. Mackenzie may want to have her grant support the arts in underprivileged communities, but the head of t
538.
by kolbe 5y ago
Well, public perception can also change it. BTC, for example, has experienced the most rapid deflation in the history of money, and it has nothing to do with a contraction in its supply.
539.
by kolbe 5y ago
They don’t even really answer their own headline question. This is 99% BTC shilling and 1% economics. I don’t like that the BTC community is back to discussing BTC as a currency. When the narrative switched to a “gold substitute,” I gave th
540.
by kolbe 5y ago
It's because the US and Europe have shown there aren't any repercussions to defrauding their governments or their citizens.

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