mathattack

108 ms·

1. 3391.▲
   by mathattack 11y ago

   Ahh - got it. Basically for the real systemic international risks, only global banks can handle them. There is a bid of a tragedy of the commons with independent central banks too. I'm not sure I agree with it in practice though - d
2. 3392.▲
   by mathattack 11y ago

   I'm not sure I follow you on taking a global view on risk. The core business of banks is connecting people with money to people who need it. Risk management is vital, but they're in the connecting business, not the risk business
3. 3393.▲
   by mathattack 11y ago

   Originally I was going to question your math - I thought your trillion was off by three zeroes. Then I did the math myself and realized that you're right. :-) If you count US mortgage debt that they hold, the number may be even high
4. 3394.▲
   Apple Plans $12B Bond Sale for Buybacks and Dividends(nytimes.com)

   1 points by mathattack 11y ago|0 comments
5. 3395.▲
   University of Chicago to Get $50M from Venture Capitalist(nytimes.com)

   2 points by mathattack 11y ago|0 comments
6. 3396.▲
   Is your computer stable?(blog.codinghorror.com)

   1 points by mathattack 11y ago|0 comments
7. 3397.▲
   On the Ethics of Online Shaming(recode.net)

   2 points by mathattack 11y ago|0 comments
8. 3398.▲
   by mathattack 11y ago

   Yes. Go and learn too. And help!
9. 3399.▲
   by mathattack 11y ago

   Merci!
10. 3400.▲
    by mathattack 11y ago

    It depends on which side of the transaction they are. :-) New investors will keep pushing for lower prices, existing investors will talk up the values!
11. 3401.▲
    by mathattack 11y ago

    There are hints of systemic risk. Look at what's happening in Financial Services. Many firms (example: Deutsche Bank) are trading below their bottom in the financial crisis. A banking crash will have a big impact on real estate.
12. 3402.▲
    by mathattack 11y ago

    Yes - much of the world is indeed willing to wait an hour to save a few dollars. One lesson from 2001 is that Startups who Serve Startups tend to get hurt in the downturn as their customer are unable to pay them. Case in point Exodus. [0]
13. 3403.▲
    by mathattack 11y ago

    Attend meetups where you are. You never know where the connection you make tomorrow will have connections. I had a friend in India refer me to a job halfway across the country. Also... The best networkers give before they ask. Volunteer
14. 3404.▲
    by mathattack 11y ago

    NASDAQ's high to low was approximately 20%. After today's rally it's perhaps 16%? NASDAQ is the better index since that's the more likely liquidity source.
15. 3405.▲
    by mathattack 11y ago

    Get an introduction. Go out and meet as many people as you can. (Meetups, Random drinking nights, etc) Connect to everyone you meet on LinkedIn. Have someone introduce you to the recruiter. Not everyone will do it, but enough people out
16. 3406.▲
    by mathattack 11y ago

    I am a cynic about VCs "Talking their books" but this is a little different: - The stock market is off 20%. - Very few IPOs. - Many hot IPOs are under the offering price. - Most of the public market investors that have entered lat
17. 3407.▲
    Hewlett-Packard Enterprise Adds Former Microsoft Executive to Board(recode.net)

    1 points by mathattack 11y ago|0 comments
18. 3408.▲
    As Economy Suffers, Economic Theory Flourishes(wsj.com)

    1 points by mathattack 11y ago|0 comments
19. 3409.▲
    by mathattack 11y ago

    Ideologies are rarely presented as such. I have seen places where they wrote databases from scratch, and rewrote Windows scrolling bars. Always 100 good reasons why using something else wasn't good enough. Other times I've seen p
20. 3410.▲
    by mathattack 11y ago

    Good engineering managers and architects are great at balancing both biases.
21. 3411.▲
    Here's How Facebook Can Avoid Playing the Part of the Colonialist(fortune.com)

    4 points by mathattack 11y ago|1 comments
22. 3412.▲
    How Airbnb, Google, and Microsoft view disputed territories differently(fusion.net)

    2 points by mathattack 11y ago|0 comments
23. 3413.▲
    A new MIT computer chip could allow your smartphone to do complex AI tasks(theverge.com)

    3 points by mathattack 11y ago|0 comments
24. 3414.▲
    Elon Musk just lost $3.3B(usatoday.com)

    2 points by mathattack 11y ago|0 comments
25. 3415.▲
    Twitter and Facebook Experience a Super Bowl Down Round(recode.net)

    1 points by mathattack 11y ago|0 comments
26. 3416.▲
    Why Facebook Abandoned Its App and Internet of Things Platform(fool.com)

    2 points by mathattack 11y ago|0 comments
27. 3417.▲
    by mathattack 11y ago

    I view it as an AND/OR 1) It dominates advertising for the long future AND ( 2a) It's discount rate (US govt borrowing rate plus a risk premium) is very low OR 2b) It finds another way to make money ) Facebook's main advanta
28. 3418.▲
    by mathattack 11y ago

    The insurance commissions are much tougher than the taxi commissions. Given the Glassdoor reviews of Zenefits, I found it interesting that Sacks also tackled making it a place people want to work.
29. 3419.▲
    by mathattack 11y ago

    A couple thoughts: 1 - Market cap is (theoretically) the Net Present Value (NPV) of future cash flows. You have to be careful about comparing this NPV (discounting forever) with a 1 year slice. When interest rates are low, the future cash
30. 3420.▲
    by mathattack 11y ago

    Perhaps it's what we were looking for? I suspect that we can be trained to spot fakes too to make it harder. Perhaps there will be some co-evolution?