mertd

12 ms·

121.
by mertd 4y ago
Wow, Japan really likes tiny dogs.
122.
by mertd 4y ago
I believe they are referring to "Weiss Distribution Tool". I have a manual lever espresso machine that I used daily for a decade. The idea behind WDT is real. Distributing the grounds evenly makes much more consistent shots. If th
123.
by mertd 4y ago
They had too much MBS with average maturity of 6+ years. T bills by definition mature in a year or less. T bills, if they had any, weren't the problem. https://www.netinterest.co/p/the-demise-of-silicon-valley-ba..
124.
by mertd 4y ago
Saudis have 200 years of oil left. Another scenario is oil becoming a minor source of global energy supply. The time horizon of both events is likely decades if not a century.
125.
by mertd 4y ago
It would be quite funny if JPM ends up being the owner and the startups who rushed to transfer their accounts presumably to JPM just login on Monday and click the cancel button.
126.
by mertd 4y ago
> I don't know how the financials would work Therein lies the rub. There is not enough of you who would pay for such a flyer. So your local guy asks the businesses to help him out with the print and mailing costs and says in return
127.
by mertd 4y ago
How does one start a new business or sell a product in a world without advertising? How do you scale something fast enough through just word of mouth to get out of the red? If I open a new bakery, is it predatory to send a pamphlet to the n
128.
by mertd 4y ago
That was my reaction after seeing St Petersburg. Palace after palace after palace...
129.
by mertd 4y ago
Please calm down with the FUD. We both agree its dead. This doesn't mean its assets vanished. It will be liquidated and the proceeds will be returned to the creditors (deposit holders). The assets are sufficient to make the depositors
130.
by mertd 4y ago
Sorry but that's not correct. SVB is dead but solvent. People will eventually get their money back.
131.
by mertd 4y ago
That isn't the case. To continue the concert analogy, the concert hall had more than enough doors to let everyone out if people left in their usual walking pace, but some doors were locked and the security was paying someone to unlock
132.
by mertd 4y ago
After a large concert ends, would you say everyone stampeding to the exits is the rational behavior?
133.
by mertd 4y ago
Yes but some need more than the insurance limit I suppose and again in two weeks etc...
134.
by mertd 4y ago
That's exactly what's happening but many depositors need to be "made whole" faster than the liquidation would allow because they need to make payroll in literally a few days time.
135.
by mertd 4y ago
Good luck hiring or retaining anyone after that while Stripe is still private.
136.
by mertd 4y ago
OP's comment history suggests that they are not engaging conversation in good faith. Best not to feed the troll.
137.
by mertd 4y ago
As a scent hound owner, if something doesn't smell, it might as well not exist. He also ignores mirrors. They live in a very different sensory world. I wish I could experience his and he could experience ours.
138.
by mertd 4y ago
I assume you could train one like this provided that you bring your own training data and computing resources.
139.
by mertd 4y ago
You would love your brakes to depend on a USB or Bluetooth connection?
140.
by mertd 4y ago
Then what is the value proposition?
141.
by mertd 4y ago
It says the profits are capped at 100x of any investment and it is also known that MSFT invested $10B. So looks like they have some headroom before needing such accounting?
142.
by mertd 4y ago
I guess the positive takeaway is that every death makes aviation safer for the future because we almost always learn from the data.
143.
by mertd 4y ago
Which three? Did they actually work with reasonable input latency?
144.
by mertd 4y ago
I really dislike the trend of calling employees by some nickname. "Googler" may have been cute back in the day. Zoomies is pure cringe.
145.
by mertd 4y ago
In case it didn't come through, the original tweet was sarcastic.
146.
by mertd 4y ago
If fuel tax is enough why do we keep passing trillion dollar infra bills and allocating majority of it to road repair?
147.
by mertd 4y ago
Yes and that's absolutely fine. America needs to reevaluate its extreme aversion to investing in collective good.
148.
by mertd 4y ago
Doesn't social media have the same benefit when used in moderation? It makes it easier to get in touch with friends and make new ones based on shared interests.
149.
by mertd 4y ago
What are the benefits of alcohol?
150.
by mertd 4y ago
He is a true hacker. He simply had to find out if his exploit worked on the secret service. I love the story.

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