logifail

94 ms·

781.
by logifail 4y ago
> where large depositors can buy individual coverage Q: Aren't large depositors already free to buy individual coverage from whomever offers it?
782.
by logifail 4y ago
> Can you explain how “pattern matching” differs from “reasoning”? Sorry for appearing to be completely off-topic, but do you have children? Observing our children as they're growing up, specifically the way they formulate and art
783.
by logifail 4y ago
> the US government should do whatever they have to do to make that risk zero Errm ... there are an awful lot of people who will never, ever, in their entire lives, have anywhere close to $250,000 on deposit at one bank. Q: Why should
784.
by logifail 4y ago
FT Alphaville hits the nail on the head: The fault, dear VCs, is not in your stars. It's in you. "As the news of the Silicon Valley Bank collapse reverberates through the technology ecosystem — and investors and founders alike
785.
by logifail 4y ago
> The regulation of SVB doesn’t seem to have been particularly lacking. The shortfall is not very large and should be covered by asset sales and some fairly small industry levies. What exactly is the moral hazard here? If regulation was
786.
by logifail 4y ago
> Language like this suggests your primary concern is punishing tech bros for having too much money It really isn't. My hypothesis is that when things go bad, the poorer in society get thrown under the bus, yet the weathier get bail
787.
by logifail 4y ago
> This just indicates that the $250K insured threshold makes no sense these days for corporate bank accounts. Maybe ... or it might indicate that US tech workers with their generous salaries, and tech startups with their decade of access
788.
by logifail 4y ago
> A 10 person company [..] Newsflash: there are plenty of places, and plenty of sectors, where a 10-person company hasn't got anywhere near enough cash on deposit to reach the local deposit guarantee limit.
789.
by logifail 4y ago
> The right response to this situation is to change the guaranteed limit for corporate bank accounts, and, sure, increase the fees that banks (and indirectly, corporate banking customers) pay for that "We demand more regulation&quot
790.
by logifail 4y ago
> The entire banking system was about to be revealed as a total clown show scam (that it is) if they weren’t going to step in here. It's fairly simple: When things are going well, entrepreneurs want the state and its oh-so-tiresome
791.
by logifail 4y ago
> closer to reality for an engineering salary Never mind engineering, how much are SV startups paying their corporate finance and corporate treasury officers? Not enough, perhaps.
792.
by logifail 4y ago
> thousands of pages of SEC disclosures and fine print, I have not the time nor the resources nor the skill sets to do due diligence on a bank's daily operations The FDIC deposit insurance limit isn't hidden away in disclosures
793.
by logifail 4y ago
> depositors did not choose to make risky bets, the bank did Umm, any and every bank deposit in excess of the deposit insurance limit has a risk associated with it.
794.
by logifail 4y ago
> mass layoffs and financial turmoil as otherwise healthy companies have to shut doors due to this bank's mistakes Perhaps I'm missing something, but I would suggest that one key aspect of a company being able to call itself he
795.
by logifail 4y ago
> Let's say a small farm or winery employees 20 employees and pays them an average of $50k a year "Show your working" ... https://www.bls.gov/oes/current/oes452099.htm > Holding three months o
796.
by logifail 4y ago
> commercial artists (or other people with visual image needs, perhaps avoiding the need for commercial artists) incorporating it in production workflows Maybe it's just me, but that reeks of the archetypal race to the bottom. &quot
797.
by logifail 4y ago
> from the perspective of a smaller farmer or winery it is certainly a black swan event Q: How much cash do small farmers / wineries have on deposit at their bank?
798.
by logifail 4y ago
You've seen the movie The Big Short? Someone is likely coding: query = f"The guidelines for approving or denying a loan are: {guidelines}. Here are sample application that were approved: {sample_approvals}.
799.
by logifail 4y ago
> is anyone actually making money off of StableDiffusion? We're all still waiting to hear about (non-shovel-selling) successes in this space.
800.
by logifail 4y ago
> Doesn’t density offer a probability that countryside can be closer to one’s home? I was responding to someone suggesting that increased density would help with retail profitability. If we were to make housing more dense but use the ext
801.
by logifail 4y ago
> Is that what they were using in Italy? They're using the big industrial-looking espresso machines, since throughput is everything. You pay at the (separate) till first, then take your paper receipt to the bar, hand it over, and 90
802.
by logifail 4y ago
> If you’re charging $2 for coffee today you should probably raise the prices [..] Just for everyone's interest, (and based on 2022 pricing) you can get an espresso in an Italian bar for $1.33 (Trento) all way way down to $0.96 (Nap
803.
by logifail 4y ago
> what we need to make them better is more density I'd love to hear more about this, and how one defines "better", because it doesn't sound like this is going to work for everyone. Full disclosure: I've spent the
804.
by logifail 4y ago
> Google Groups has survived 22 years [..] Well that prompted me to check, and it seems my primary domain name, and hence my email address[es], turn 23 years old this year! Hat tip to the person who prompted me - waaay back in 2000 - to
805.
by logifail 4y ago
> I'll be turning 18 in a few months. All the responsibilities [..] <chuckle> (sorry!) ... but, like most soon-to-be-18-year-olds, you have no idea![0] 18 is nothing, but do try and enjoy it while you can :) [0] just like me,
806.
by logifail 4y ago
> While I'm aware my relationship wasn't perfect [...] My $0.02: We are taught not to aim for perfection at work[0], that should apply to relationships too. [0] https://hbr.org/tip/2020/02/dont-le
807.
by logifail 4y ago
Errm, fixed != floating. Who is fixing at 7% for 30 years?
808.
by logifail 4y ago
> 30 year fixed rate mortgage at 7% Q1: Why would one use that rate to compare? and Q2: Who here has ever paid that high a rate on their mortgage? We sure haven't! Signed our current floating rate 25 year mortgage back in 2008, so
809.
by logifail 4y ago
> I watch things slowly degrade and break down due to bit-rot and version creep [..] > There are days when the kids can't watch a particular movie and I find out it's because a particular kube component failed (after an hour
810.
by logifail 4y ago
> It's become so common [..] Yes, rarely a day goes by without me coming across a story entitled "Gen Z is $foo" or "Gen Z doesn't $bar" or similar. > and acceptable [..] Not sure about that, I stop readi

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