kpommerenke

6 ms·

1.
by kpommerenke 4y ago
If you sell a large quantity (whether regular selling or short selling), it will drive the price down. If you short sell before regular selling, it will drive the price down even before you start your regular selling. Any gain from short se
2.
by kpommerenke 4y ago
Taxpayers do not subsidize most mortgages in the US (with the exception of Ginnie Mae programs). Having a guarantee against default and fixed interest rates are two different things. Government-sponsored enterprises (GSEs) like Fannie Mae a
3.
by kpommerenke 4y ago
A mortgage with a fixed interest rate and no prepayment penalty is no subsidized since the borrower pays for the option to prepay the mortgage with a higher interest rates than they would be able to get if they were not able to prepay the l
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Someone just bought a Florida home for $653,000 through an NFT sale(fortune.com)
2 points by kpommerenke 4y ago|4 comments
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by kpommerenke 4y ago
A tender offer is a means of building a large stake, so the poison pill would still be active. Therefore, he will not launch a tender offer.
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by kpommerenke 5y ago
The oil rig was owned by Transocean, but leased by BP. "In September 2014, a U.S. District Court judge ruled that BP was primarily responsible for the oil spill because of its gross negligence and reckless conduct. In April 2016, BP ag
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Trump's social media app Truth Social suffered an outage shortly after launching(businessinsider.com)
2 points by kpommerenke 5y ago|1 comments
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Trump's Truth Social Debuts in Apple's App Store, Hits No. 1 in Top Charts(cnet.com)
11 points by kpommerenke 5y ago|2 comments
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I tried using Trump's new social-media app, Truth Social(businessinsider.com)
1 points by kpommerenke 5y ago|1 comments
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by kpommerenke 5y ago
California has about 39 million people: https://www.census.gov/quickfacts/CA
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by kpommerenke 5y ago
> Price discovery is broken when large market participants and market makers have access to mechanisms that enable unlimited shorting. Actually, it's the other way round: you can only have accurate price discovery if people can take
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Are Play-to-Earn (P2E) Games Pyramid Schemes?(frankmuci.substack.com)
7 points by kpommerenke 5y ago|2 comments
13.
Why infrastructure engineers prefer MySQL(mikecoutermarsh.com)
17 points by kpommerenke 5y ago|11 comments
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by kpommerenke 5y ago
Why do I need to own the copyright to mint an NFT of the image?
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by kpommerenke 5y ago
While the article is not really about the database schema, could you do a table with just two fields? 1) hash of concat(ip & helo & m_from & m_to) 2) time
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by kpommerenke 5y ago
It should be A = P(1 + r)^t because of compounding.
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by kpommerenke 5y ago
Thank you for the links. I followed them and came to a different conclusion: 1) "The vaccination rate of a country is not correlated with its covid infection rate". From the article: "The lack of a meaningful association bet
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Cryptocurrency’s Value Surges to $45B One Day After Its Debut(bloomberg.com)
7 points by kpommerenke 5y ago|4 comments
19.
by kpommerenke 6y ago
Yes, governments can take Bitcoin down: https://joekelly100.medium.com/how-to-kill-bitcoin-part-1-is...
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by kpommerenke 6y ago
Let's not talk about Bitcoin again.
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by kpommerenke 6y ago
I had to look this up: Android is based on the Linux kernel.
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by kpommerenke 6y ago
Moderate inflation is a feature, not a bug, due to sticky wages [1]. Without inflation you get longer lasting recessions and worse unemployment. [1]: https://en.wikipedia.org/wiki/Nominal_rigidity
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by kpommerenke 6y ago
Wouldn't that make inflation a regressive tax?
24.
by kpommerenke 6y ago
Once the SPAC has identified a company to buy, investors in the SPAC get a choice to either stay invested or get their money back with interest. So it's only a blank check initially, but not once it matters. Source: https://
25.
by kpommerenke 6y ago
Once the SPAC has identified a company to buy, investors in the SPAC get a choice to either stay invested or get their money back with interest. So it's only a blank check initially, but not once it matters. Source: https://
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Bitcoin Hits New Record, This Time with Less Talk of a Bubble(nytimes.com)
6 points by kpommerenke 6y ago|0 comments
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What Is DeFi?(coindesk.com)
1 points by kpommerenke 6y ago|0 comments
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by kpommerenke 6y ago
> I don't trust the stock broker (intermediary) to hold my shares on my behalf. What if they go bankrupt? What if they are malicious and disappear with my money? You don't have to trust the stock broker. If they go bankrupt or
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by kpommerenke 6y ago
The initial investment (and its associated cost of capital) is quite separate from economic (as opposed to accounting) depreciation: if you could get a valuable asset for free (doesn't matter how) whose market value falls every year th
30.
by kpommerenke 6y ago
It's not really $200k in income. That number ignores the initial investment (and thus its associated cost of capital) as well as the economic depreciation of the machines (since you have to replace them after, say, 25 years). As I calc

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