lend000

54 ms·

721.
by lend000 7y ago
Compare the junior software engineer who spends months writing an elaborate new system, full of bugs, to the senior developer who addresses the same problem with 10 lines of code. Which camp do you think your proposals, or any wealth tax pr
722.
by lend000 7y ago
> Sanders proposes a wealth tax as well. Not knowing that This is my point. They propose a radical new tax that requires measuring people's entire net worth, instead of fixing what's broken using our existing infrastructure whi
723.
by lend000 7y ago
Higher taxes are not the only economics implications of a Sanders presidency, especially when you look at some of the governments Sanders has praised over his career. A better tax structure is necessary and the easiest thing to do, but I do
724.
by lend000 7y ago
Perhaps you misunderstood what I said by long-biased, but companies like Jane Street, Two Sigma, RenTech will be just fine (and will probably adapt better than most) to structural changes and a decline in growth of the economy. The tax rate
725.
by lend000 7y ago
The prevailing wisdom on Wall Street is that an anti-capitalist would be devastating to the economy, so this should be no big news. Keep in mind that quant firms like Jane Street aren't necessarily long-biased on their positions, so it
726.
by lend000 7y ago
There are a lot of factors at play here, and it's highly unlikely anyone has enough information to know the exact optimum response. From a pure health perspective, physical isolation is taxing both physically and mentally. Not everyone
727.
by lend000 7y ago
> If Binance quotes you [XXX] BTC at $1 mil it will go through 100% of the time. 1mm would even go through on Gemini. Even for crypto, that's tiny. You bring up an important point: have you ever noticed the correlation between fees
728.
by lend000 7y ago
This is not true; reported volumes are fraudulent or misleading for some of the exchanges you are describing. Look at the entropy of Binance daily volume compared to legitimate exchanges like Coinbase, Kraken, Gemini, etc. They used to be f
729.
by lend000 7y ago
The 93% I last saw is in flux and will continue to go down as flu and colds abate in the northern hemisphere and real coronavirus cases increase. This also doesn't include people who could not get tested because their symptoms were mil
730.
by lend000 7y ago
This is a recipe for stagflation -- economic slowdown (inevitable, and by choice, in response to the circumstances) with excessive liquidity in the market. The capital injections aren't going to open up restaurants until shutdown order
731.
by lend000 7y ago
That's a good point, I'm really referring to stock market indices.
732.
by lend000 7y ago
If the entire legislative branch went on holiday for a year I don't think the average American's life would be significantly affected, save voting for a new debt ceiling.
733.
by lend000 7y ago
The "Buy and hold ETF" strategy of today is good advice until it isn't. Eventually, ETF holders will probably be exposed to a black swan like the NIKKEI 225 lost decade event (although it should probably be called the lost d
734.
by lend000 7y ago
> optimizing for a hypothetical situation is premature. Hypothetical? We've seen travel numbers increase significantly over the last decade, and Airbnb now claims a large chunk of that. I think it's important point to remind pe
735.
by lend000 7y ago
Instead of worrying about how people choose to rent their properties, they should instead look to the source of high rental prices, which is bad zoning laws and insufficient total units. Meanwhile Airbnb creates a level of convenience and a
736.
by lend000 7y ago
Not to mention it isn't really solving the virus situation in most implementations. For example, everybody is packed into the local supermarkets at the same time in my area. Not only is there higher density due to closed restaurants, b
737.
by lend000 7y ago
It seems like less extreme measures may have fewer unintended consequences. For example, by closing down all restaurants, local grocery stores have been packed all day. I expect there is more cross contamination in your local supermarket th
738.
by lend000 7y ago
Regarding the small business loans, I think a better incentive would be at the state level, to comp prorated property taxes on all commercial property for the next few months, but only if the owners also comp rent for all renters on the pro
739.
by lend000 7y ago
With any non-negligible immunity rate (for example, 70% would be typical for immunity gained through an influenza vaccine [0]), we will still see exponential decay once a critical mass (R0 < 1) is reached. I believe immunity rates are hi
740.
by lend000 7y ago
"Mean" means nothing in the context of probability distributions. It's possible I picked it up elsewhere, and less likely that I have something else with these unique symptoms (I've never a had fever without nasal conges
741.
by lend000 7y ago
I'm not a confirmed case, but I'm a 90% sure case based on symptoms and symptoms of people I have been in close contact with, and so far the experience has been relatively mild, in the literal sense. The primary discomfort has lik
742.
by lend000 7y ago
People are eager to give the government power when they're scared. You can feel the panic in the HN threads -- at the end of the day, most people are herding animals. A free society can't effectively force a quarantine, outside of
743.
by lend000 7y ago
I suggested this a few days ago and it was not a popular idea, but if you can enforce a sufficiently strong quarantine for the elderly, I believe this could decrease the total number of deaths (although the total number of infections will b
744.
by lend000 7y ago
I hate to see creative ideas being down-voted by the mob. While the length of UV exposure time required to kill viruses is probably impractical for a mask, certain UV bands could be instrumental for sanitizing public areas and hospitals. [0
745.
by lend000 7y ago
Note that I wrote "worst likely scenario" not "worst possible scenario." Worst possible scenario is not really useful for short to mid term planning in an unconstrained event space (gamma ray burst or massive meteor hits
746.
by lend000 7y ago
In times of panic, remember that in the worst likely scenario, this virus will slow consumer spending, increase demand for hospitals, stagnate productivity for about 12 months, and kill about 0.4% of the world's population (using Spani
747.
by lend000 7y ago
As I suggested on another thread (and received some flak for it), it would be really interesting to see some math and/or a simulation to compare these two scenarios. In reality, closer to 30% than 100% of the world population will end
748.
by lend000 7y ago
This is an online forum for technically minded people -- none of these comments result in prescribing public policy. Like you, I am only an armchair expert in this particular field, but it seems like a perfectly fine medium to discuss and d
749.
by lend000 7y ago
That's the conventional wisdom, but as I mentioned in another comment on this thread, I'm not convinced that's the case, especially with a contagion that is most dangerous to less active people.
750.
by lend000 7y ago
I thought this was interesting so did a quick search: it does not look feasible [0]. Note: even if it were possible, the small relative increase in radiation received by Earth may have a butterfly effect similar to greenhouse gases and make

More ›