loganfrederick

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by loganfrederick 7y ago
In Horowitz's defense (on the options pricing matter, hopefully not taking this thread too far off course), I thought he had explained his position on options pricing reasonably: https://dealbook.nytimes.com/2014/0
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by loganfrederick 7y ago
You're correct, that's not how companies usually make their personnel decisions. But one would think more companies would factor in PR-risk as a real financial risk. But Google being Google economically-speaking, this still probab
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by loganfrederick 7y ago
I really liked Ben Horowitz's new book "What You Do Is Who You Are". However, the only passage that I disliked and stood out to me is when he defended David Drummond for his ability to thrive at Google for a long time despite
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by loganfrederick 7y ago
As a Stripe Atlas customer, I received a snail mail letter from Stripe about this issue. It included some suggestions from them to prevent identity theft. As I texted a tech friend of mine: if I’m receiving a physical letter from a leading
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by loganfrederick 7y ago
The main difference is the level of knowledge and intent on coming through with your promises. It’s one thing to pitch people saying “If I/we do X and Y, we’ll make money.” It’s another if you make that pitch knowing you can’t possibly
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by loganfrederick 7y ago
I did not and will pick it up, thank you for the recommendation!
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by loganfrederick 7y ago
Not at all, haven’t seen him in about two years (by his choosing) and mom just divorced him a year ago. Mostly I’m worried he’ll end up conning more money out of others now that he’s unconstrained by family. I’ve seen people are generally t
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by loganfrederick 7y ago
"It is exciting to read about a fraud — from a distance. It is not so funny to live through one." This is a great summary. My estranged father is a professional con artist: He has multiple lies on his social media about his allege
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by loganfrederick 7y ago
The author, Mario Carniero, is both one of the top three smartest and nicest people I know (and many other Ohio State students where he did his undergrad would agree). Glad to see his research getting Hacker News recognition.
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by loganfrederick 7y ago
Great thoughtful answer, thanks!
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by loganfrederick 7y ago
I'm curious for jalehr/Mutiny's take on this dilemma (without giving away their secret sauce): Many B2B companies drive the majority of their growth from other sales channels beyond the marketing website. And traffic can some
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by loganfrederick 7y ago
There's a really good biography of Diaspora and the team that I recommend: https://www.amazon.com/More-Awesome-Than-Money-Chronicle/dp/...
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by loganfrederick 7y ago
Before Black-Scholes gets bashed too hard, people should keep in mind that it's nearly 50 years old. Of course it's going to be outdated and inaccurate (as all models are). It's worth reflecting on what options markets were l
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by loganfrederick 7y ago
I’d use a similar response to another commenter for this one as well: https://news.ycombinator.com/item?id=21096376
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by loganfrederick 7y ago
I get that, but there are biotechs that can get funded on an order of magnitude of tens or hundreds of millions. If the Vision Fund with $100 billion can't make biotech investments work, who could? That's kind of my point; if Visi
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by loganfrederick 7y ago
Yeah, I get that and my post was kind of an implicit difference between what they "are" versus what I think they "ought to be" (admittedly easier to be in my armchair investor seat than Softbank's). But their return
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by loganfrederick 7y ago
What I don't get about the Vision Fund is how so many of its investments lack (pun intended) vision. Other than the ARM, Nvidia, and a few billion in biotech (about $3 billion[1]) investments, so much of the fund has gone into pretty
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by loganfrederick 7y ago
He clearly does not care. If he did, he wouldn't have taken as much cash out of the company as he did, and would also spew less bullshit about the brand.
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by loganfrederick 7y ago
I enjoyed Kevin Kelly's EconTalk interview about the book more than the book itself: http://www.econtalk.org/kevin-kelly-on-the-inevitable/
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by loganfrederick 7y ago
I am glad someone brought this point up. It reminds me of the story of Drexel Burnham Lambert and Michael Milken. Connie Bruck's book on him and his company* provides good context for how and why Milken and his junk bond raiders and th
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by loganfrederick 7y ago
I am happy to see a piece about Emily Nussbaum here. While it may not be typical "Hacker News", Emily's writing and perspective are top-notch. Her analysis of The Sopranos following its finale over a decade ago is included in
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by loganfrederick 7y ago
I was in this situation. This post plus the grandparent post above it really strike a chord. On one hand, creating a sink or swim environment means I am probably a more resilient person having gone through college with limited family suppor
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by loganfrederick 7y ago
Anthony Hopkins’s Hannibal Lecter was only in 16 minutes of Silence of the Lambs. The ratio of impact-per-screen-time is a great metric for measuring the value of a role (due to either the writing or the performance).
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by loganfrederick 7y ago
Another famous short seller, Citron, issued their counterargument to this report: https://citronresearch.com/wp-content/uploads/2019/08/Citron...
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GE hits back after scathing report calls it a ‘bigger fraud than Enron’(fastcompany.com)
3 points by loganfrederick 7y ago|0 comments
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by loganfrederick 7y ago
You're not wrong. I'm interpreting it more from the asset manager's perspective than the company's. You're correct in that they are making a conscious choice to maybe forgo a profit on oil in order to bet on somethi
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by loganfrederick 7y ago
> "You can't dump stocks without someone else buying the shares from you." At what price? That's the impact of moves like this: 1) lowering stock prices for existing companies and 2) allocating money/increasing p
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by loganfrederick 7y ago
Typically because there is an education and need asymmetry between the buyer and seller in a lot of these cases. If the car is maybe worth $3K cash, but a dealer can lease it to someone for $4K by requiring no money down but high interest r
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by loganfrederick 7y ago
Correct, the main difference (in my mind, open to other arguments) is how financial resources are allocated. Right now, Uber and Lyft are burning a ton of money on customer acquisition with the goals of gaining enough scale to be sustainabl
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by loganfrederick 7y ago
The question is: will Uber and Lyft always be the entities leading car-ordering apps? Hypothetically, Uber and Lyft stock prices could collapse, Google and Apple buy them, respectively, and then they could become features in Google and Appl

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