mamonster

5 ms·

1.
by mamonster 9d ago
It's all very simple. Islam is a unique religion in that its main prophet had military chops and there are specific surahs that suggest that fighting well gives you a reward and is a sign of being righteous. So any competent general ha
2.
by mamonster 11d ago
Anybody else thinks that this whole Venezuela/Maduro thing is just an elaborate scam by Venezuelan elites so that Exxon and Chevron rebuild their industry only for it to be nationalised 10 years down the line?
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by mamonster 12d ago
>until I read up about the whole "direct to consumer" fiasco it really helped me understand another trend I was a bit confused about. In Switzerland, every decent sports store now has a whole treadmill with some sort of gait an
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by mamonster 15d ago
>Ansar Allah isn't even close to a majority of the population of Yemen. I never said that. The areas they control have about 70-80% of Yemen's population though.
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by mamonster 15d ago
Houthis are allied/in the early stages of an alliance with Al-Shabab though
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by mamonster 15d ago
>Ansar Allah (Houthis) is a terrible Islamist group IMO this is kind of bad framing because it suggests that they're the minority in Yemen, when in reality they basically are the government of 70-80% population of Yemen and absorbed
7.
by mamonster 15d ago
That's why relying on mercs (which is what both UAE and Saudi chose in Yemen) is a double edged sword. At some point the cash isn't enough of a motivator and they will just run away.
8.
by mamonster 1mo ago
Pretty good summary of a real estate developer mentality: Heads I pay off my loan and get a return on my equity, tails the bank is gonna be stuck with the mortgage. This is on paper one of the most "financially literate" cabinets
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by mamonster 1mo ago
Author is basically very scared of DSA, because he knows that it's ready for power politics on their own terms. When you are socially conservative but economically left wing, you are going to spend your debates arguing with a right win
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by mamonster 2mo ago
> Foreign companies and pooled investment vehicles (such as mutual funds or hedge funds) must still report information about foreign owners. But they will no longer have to identify Americans who help them register to do business in the
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by mamonster 2mo ago
>The USA and western Europe chose to resolve it with immigration. Immigration is a core tenet of the post-WW2 Western consensus and precedes any demographic scare in most Western countries by decades.
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by mamonster 2mo ago
To make it very simple: Borrow money, get a 2nd portfolio that generates a lot of realised losses and unrealised gains, get a tax write off. Simple example: I have 100 dollars, I go the 150/50 route. Year one: I make 10 dollars on my m
13.
by mamonster 2mo ago
I'll assume you know what tax loss harvesting means in its usual parlance (i buy 2 stocks at 50 dollars each, the first is worth 40 eoy, the 2nd is worth 60 eoy, i sell them both = I have no capital gains tax). Where AQR innovates is i
14.
by mamonster 2mo ago
>Now another EA has followed the path of making a lot of money relatively quickly and losing it just as fast, using the exact same arguments for why it happened. I would be very interested to know what he did with the management and perf
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by mamonster 2mo ago
Makes sense. The biggest sin an American can commit is being poor. Welcome to Calvinism.
16.
by mamonster 3mo ago
No, I literally meant that. It's an alternative to not working at all.
17.
by mamonster 3mo ago
>The union said employers should take steps to cool down workplaces once temperatures exceed 24C, with workers able to stop working if temperatures reach 30C, or 27C for those doing manual labour or working outdoors. Geneva already has a
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by mamonster 3mo ago
>If you are not a resident, don’t bother trying unless you plan to have 30M or more in the account. If you are UHNW every single bank, from private(Pictet etc) to universal, will bend over to have you. For US accounts it depends heavily
19.
by mamonster 3mo ago
>But, how much truth is there to her claims that the trial was a witch hunt It's not a witch hunt, she just sucks at doing the same thing that everyone else does. It's fairly standard to go hard in the EU elections in order to
20.
by mamonster 3mo ago
Nabokov is so snobby. Hating on Céline is one thing, hating on Balzac like come on. Also lol the guy who wrote Lolita criticizing Death in Venice as obscene.
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by mamonster 3mo ago
>Shurik This is a "meme" nickname that 95% of people called Alexander will get pissed over. It's a pretty old diminutive, but because of the movie a lot of people really don't like it.
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by mamonster 3mo ago
We need AC in Switzerland yesterday. These last 2 weeks in Geneva have been crazy. Unfortunately with the amount of regulation on historical buildings it likely won't happen.
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by mamonster 3mo ago
>About 18 years ago now the Tories thought, incorrectly, that budgetary austerity was the prescription for responding to the global financial crisis. What I don't get about the Tories is their obsession with Thatcherism despite all
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by mamonster 3mo ago
Buffett should get much more credit for pioneering/mainstreaming the insurance float game which is what minted a lot of the P.E billionaires once they learned the trick.
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by mamonster 3mo ago
>Sadly charisma is valued more by voters than other qualities of the political leader of a country. Isn't this basically an internal coup? That said I fail to see the point of him being replaced, the next person won't do any be
26.
by mamonster 3mo ago
>We've had the technology to build skyscrapers for over 100 years. They're illegal in 90% of the city Not a great idea for coastline cities. Will cause soil to sink and the more you build the faster it goes.
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by mamonster 3mo ago
>You cannot live in Musk's banking account. You have to have the actual physical structure, and current laws in hotspots like San Francisco and New York do their utmost to prevent new development. >Places like Austin, which are l
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by mamonster 3mo ago
>internet industry , military industry This is the part people are missing. You are investing into the most important U.S government/military contractor (SpaceX + Twitter). And if you really look at how Tesla survived (i.e electric
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by mamonster 3mo ago
>Amazon took 9 years, Uber took 14 years before its first profitable year Both had a path to profitability in an environment of falling interest rates. OpenAI is going public in an environment of higher for longer interest rates. The dis
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by mamonster 4mo ago
They are the 2nd biggest after Swisslife (I think?), but the profitability is kind of a bad metric because they are required to both fund their pension fund (36 thousand employees) and invest into infrastructure from this money. They make s

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