mrep

148 ms·

601.
by mrep 6y ago
Have you considered looking for a job outside of the west coast because inflation adjusted price per square foot hasn't actually changed for a lot of the US [0]. It's mainly just the west coast where home prices have ballooned (i
602.
by mrep 6y ago
Google photos was launched in 2015 and hit a billion users in 2019 [0]. [0]: https://en.wikipedia.org/wiki/Google_Photos
603.
by mrep 6y ago
Got a source to back up that claim? Detroit for example has seen inflation adjusted commercial office space prices massively drop: "Adjusted for inflation, the average office tenant paid a peak price of $34.34 per square foot during t
604.
by mrep 6y ago
At least where I am, cable is better than DSL but still not that good. We are paying for 600 mbps but we never really get any more than 30 mbps no matter how much we complain and conference calls tend to stutter quite a bit.
605.
by mrep 6y ago
To raise capital and fuel their growth. They raised 2 billion earlier this year at a price of 767 (1650 now) to fuel their growth because they thought there share price was high then. It seems like a perfect time to announce another massi
606.
by mrep 6y ago
Maybe not life-ruining risk, but YC offers a measly 120k in funding for your entire startup and G/FB/NFLX will pay you 350k per person per year for a senior engineer. Founding and joining startups entails a massive opportunity co
607.
by mrep 6y ago
French wikipedia has GAFAM [0] which I think makes the most sense as they are the biggest by market cap. [0]: https://fr.wikipedia.org/wiki/GAFAM
608.
by mrep 6y ago
"The average annual total return and compound annual growth rate of the S&P 500 index, including dividends, since inception in 1926 has been approximately 9.8%, or 6% after inflation" [0]. With 6% inflation adjusted returns,
609.
by mrep 6y ago
You have to factor in the time value of money though. Car purchase price is an immediate cost while gas and electricity are costs over the life of the vehicle. Your average personal cars only gets driven about 15,000 miles a year and thus
610.
by mrep 6y ago
What fees do they charge and what rate of return have you gotten? Your manager may be lucky or exceptional but most people on average will get better returns avoiding those fees and just buying index funds.
611.
by mrep 6y ago
They were the first to offer no commission trades. That's why I have an account. Now that vanguard offers that for equities and they default to putting your money in a money market account where you get the interest, I plan to only u
612.
by mrep 6y ago
I've seen databases as large as 10 petabytes and blob storage services in the 10s of exabyte range. Granted, that was all disk but it'd be cool if you could store it all in ram on one machine.
613.
by mrep 6y ago
> Stocks and housing have inflated well over 3% per year since then, while consumer prices have not. Pretty much only the west coast has seen inflating home prices. For the rest of the country, inflation adjusted price per square foot
614.
by mrep 6y ago
Maybe it's a regional thing, but the comcast cable internet my parents have is absolute shit. They just upgraded from 300 to 600 and that did basically nothing (still get about 25 mbps most of the time and it occasionally now goes to
615.
by mrep 6y ago
I'm glad the utility poles around me don't look like this [0]. [0]: https://old.reddit.com/r/WTF/comments/gn16k8/cable_managemen...
616.
by mrep 6y ago
The fb engineering page has more info [0] and reddit has quite a few comments from people in the industry about its feasibility [1]. [0]: https://engineering.fb.com/connectivity/aerial-fiber-deploym... [1]: https:&#x2
617.
by mrep 6y ago
They could have just bought puts on twitter as it is currently down 4% after hours.
618.
by mrep 6y ago
> Sure it's a much better deal than the F-35 Maybe if they build more of them and the price comes down, but 8 for 1.2 billion is 150 million a piece and the f-35 costs 78-101 million a piece depending on the type [0]. [0]: https:&#
619.
by mrep 6y ago
Low interest rates certainly allow you to afford a more expensive home, but inflation adjusted price per square foot isn't actually skyrocketing for most of the US outside of the west coast [0]. For example, Dallas/Fort worth and
620.
by mrep 6y ago
Why is that? Like, on the US west coast, ballooning home prices makes sense because their cities are in valleys with a fixed amount of land, but munich looks like it has a bunch of farmland around it that could be converted into housing in
621.
by mrep 6y ago
So true for cable internet. My parents just upgraded from 300 to 600 and it did nothing from what I can tell as they are still getting like 25 mbps. It is freaking ridiculous how bad it is for what they are advertising.
622.
by mrep 6y ago
Granted, this was in the 40's, but they even raised most of the sunk boats in pearl harbor and rebuilt them after the attack [0]. [0]: https://www.csmonitor.com/USA/Politics/Decoder/2012/1207/Pe
623.
by mrep 6y ago
You can, but that exposes you to currency risk because if you live in the US, you will almost certainly want your money converted back into USD when you want sell your investment to spend it but currency exchange rates changes over time.
624.
by mrep 6y ago
"The average annual total return and compound annual growth rate of the S&P 500 index, including dividends, since inception in 1926 has been approximately 9.8%, or 6% after inflation" [0]. If you have a 40 year career, money
625.
by mrep 6y ago
Most of those assets they are buying are just our own government's debt and the profits they make from it (100 billion dollars in 2015 for example) go right back to our government reducing our budget deficit. I don't understand w
626.
by mrep 6y ago
The great recessions was definitely one of the worst, but it was followed by the longest bull run in the history of the united states and it is way to early to claim this crisis as being one of the worst recessions in US history.
627.
by mrep 6y ago
> Meanwhile real estate prices are rising fast (in desirable parts of the country) Mainly just the west coast and that's because their cities are built in valleys with a fixed amount of land, restrictive zoning on said land causing
628.
by mrep 6y ago
Meh, most of what they are buying is just our own governments debt [0]. Now, you can certainly argue investors are buying more equities now that there aren't as many treasury securities to buy, but equity returns aren't even abno
629.
by mrep 6y ago
Not OP, but I don't see any data suggesting that assets are inflating. For real estate, inflation adjusted price per square foot hasn't changed for most of the US [0] (west coast admittedly has ballooned but that's because t
630.
by mrep 6y ago
I love this extension for it's ability to highly new comments you haven't seen before. Only downside is it does not work for comments after the first page.

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