maxcan

32 ms·

331.
by maxcan 12y ago
I believe that he's referring to sweep accounts and save-by-default instruments that have a pretty established track record of improving savings rates.
332.
by maxcan 12y ago
> The lines between Mafia and government bureaucrats are not very clear. FTFY
333.
by maxcan 12y ago
> We’d like to see new services that make it possible to invest in super low-cost index funds. Sorry, this is not the right problem in financial services. Companies like Vanguard are already doing a great job of this and the costs are e
334.
by maxcan 12y ago
"Don't let mainstream misinterpretations and gross oversimplifications of medical science try to dictate your potential based on gender, race or anything about your DNA. They're only right until they find out they're wro
335.
by maxcan 12y ago
parasitic drag increases with the square of velocity. these engines wont change that.
336.
by maxcan 12y ago
In this example: func countFurballs(shelter:Shelter<Animal>) { println("Furballs: \(shelter.inhabitants.count)") } var catShelter = Shelter(inhabitants:[Cat()]) countFurballs(catShelter) /&#x2F
337.
by maxcan 12y ago
> these rules are written on tombstones. I love the way you phrased that.
338.
by maxcan 12y ago
It may be FAR compliant, it may not be. But, like Lyft drivers getting tickets, if shit goes down, you're going to pay the price, not Flytenow. I'm not gonna sacrifice my certificate to find out. I'd rather spend those lega
339.
by maxcan 12y ago
its not exactly comparable, but: http://www.amazon.com/gp/product/B001MS7106/ref=oh_aui_detai...
340.
by maxcan 12y ago
Even if a large number of hosts were running full time hotels, which they clearly are not, what is so horrible about that? Do the "progressives" in S.F. believe that this should be a city that only people who can afford $400&#x2F
341.
by maxcan 12y ago
thats exactly my point. even the most baroque, complex financial instruments are arguably simpler than the mechanics of even a basic internal combustion engine. but, due to cultural issues people are far more educated about the mechanics
342.
by maxcan 12y ago
> That could be because they expect used car salesmen to behave unethically. Do you really expect bankers to act ethically?
343.
by maxcan 12y ago
Luckily for you, lying isn't illegal. A better example is this: Someone goes into a used car lot and explains to the dealer that they live in a cold climate with lots of snow, have three kids, and go camping a lot. They explain that th
344.
by maxcan 12y ago
Unfortunately, there will always be people looking to take advantage of the foolish and unsophisticated. The only solution is on the demand side - reduce the number of foolish and unsophisticated buyers by teaching real financial literacy
345.
by maxcan 12y ago
But aren't Tanzanian students on the wrong side of the law already? https://www.youtube.com/watch?v=6vxHkAQRQUQ
346.
by maxcan 12y ago
Its great to know that Shanley doesn't think name calling is appropriate or productive. I shudder to think about what she'd think of something like this: https://medium.com/about-work/finding-out-youre-a-sexi
347.
Should autonomous cars kill their owner to save multiple other lives?(popsci.com)
24 points by maxcan 12y ago|18 comments
348.
by maxcan 12y ago
And, as much as I love them, their entire business is predicated on wholesale violation of local ordinances restriction hotel and short term stay operations. Those ordinances may themselves be corrupt and unethical but they're still l
349.
Mayor of Peoria has police raid the home of Twitter parodist(reason.com)
10 points by maxcan 12y ago|0 comments
350.
by maxcan 12y ago
Just to clarify, the "constant growth" refers to exponential growth, compounded at a constant rate, like a bank account growing at 2% per year. Its not linear growth.
351.
by maxcan 12y ago
It "handles" them in the sense that the math doesn't call apart. What happens is that the implied rate of return is negative and purchases towards the end of the period get more shares than those at the beginning.
352.
by maxcan 12y ago
See, I think that its really unfair to offer employees these options with the high cash one being the "wrong" choice. people have expenses and there's nothing wrong with choosing less risk in favor of cash up front. It does
353.
by maxcan 12y ago
Many people have raised preferred/common pricing issues and it is a valid criticism. I don't have a complete answer but have added a partial answer to the original document and have reposted it here: https://news.ycom
354.
by maxcan 12y ago
> This risks pricing the common, which is bad. It certainly isn't the same as preferred, due to superior rights (liquidation preference most seriously) The common/preferred issue is a good criticism and I have added a paragraph
355.
by maxcan 12y ago
A valid criticism. I've addressed this above and added a paragraph in the essay to deal with it too. Thanks!
356.
by maxcan 12y ago
You're absolutely right. The problem is that there are no market mechanisms at play in between valuations. The goal of IE is to base equity pricing on market mechanisms as much as possible. In the absence of market signals, we essent
357.
A fair, mathematical approach to equity programs for pre-IPO companies(medium.com)
57 points by maxcan 12y ago|25 comments
358.
by maxcan 12y ago
Its a start. I feel like zocdoc is good for looking up doctors who take your insurance but because the healthcare system itself is so massively broken, they can't tell you how much a procedure would cost and success rates. I may be w
359.
by maxcan 12y ago
I feel like this is a symptom of a far larger problem, the need for yelp for medical care in general. Its kind of shitty that there is absolutely no way to quality and price compare medical providers. Also, good luck with the transition, I
360.
by maxcan 13y ago
The current administration asserted that it has the right to assassinate anyone it wants, American citizen or not, outside of a battlefield, without any oversight or due process.

More ›