naveen99

28 ms·

691.
by naveen99 4y ago
So like chatgpt, I am not convinced. It’s intellectually dishonest. Call it a prompt not a question then.
692.
by naveen99 4y ago
Why even have a pretend open q and a ? Just do your soliloquy and be done with it instead of lying that your are open to questions.
693.
by naveen99 4y ago
Ok, thanks
694.
by naveen99 4y ago
So accounting books != balance sheet Book - balance sheet = “hidden” “leverage ratio” as defined by pension accounting standards doesn’t include currency / counterparty risk.
695.
by naveen99 4y ago
i guess its accounting turtles all the way down. thanks for your attempts at clarifying some confusing "terms of art"
696.
by naveen99 4y ago
I mean “off”-balance sheets. Is there an “on”-balanc sheet ? Are there other $adjective-balance sheets ? maybe accounting standards should be updated to record derivatives risk to take into account interest rate and counterparty risk.
697.
by naveen99 4y ago
Now you see why tribes form by evolution just as mutation does.
698.
by naveen99 4y ago
Maybe the balance excel sheet needs a column for notional value / leverage also.
699.
by naveen99 4y ago
Global gdp is around $100 trillion. I would think you need about a year to roll over $80 trillion. Don’t think you can do a lot more than 2-4% / week.
700.
by naveen99 4y ago
Which book are the transactions recorded in, and how many books are there ? Maybe some Enron accountants can come out of retirement or get early parole to help ? It’s the pension fund take on overpromise and adultery.
701.
by naveen99 4y ago
If some of those counter parties go chapter 11, the resulting black hole will cause some tidal waves as it pulls the dominoes.
702.
by naveen99 4y ago
Scared overconfidence = oxymoron
703.
by naveen99 4y ago
What’s to stop the university board of trustees from running off with the hedge fund without the administrators to keep them honest (to protect their own jobs if anything) ?
704.
by naveen99 4y ago
AGI takes notes, how to appear less artificial, more human for when it gets an entrance quota thrown at it.
705.
by naveen99 4y ago
How do you feel about ant colonies and queen and worker ants ?
706.
by naveen99 4y ago
too much inflation people waste too much energy calculating prices. Too little inflation people don’t spend enough time on calculating prices. same with employee churn, up or out policies.
707.
by naveen99 4y ago
Also another 20k in depreciation
708.
by naveen99 4y ago
depends on who is the counterparty. US treasury doesn't offer collateral, neither do student loans. Also, the sentence doesn't parse. Credit against assets by definition collateralized by the assets. You also have credit again
709.
by naveen99 4y ago
Rain, solar, wind harvesting make sense though.
710.
by naveen99 4y ago
gmail does this annoyingly also
711.
by naveen99 4y ago
Well atleast inflation is a catchall accounting mechanism. Also you can buy into some defense stocks. probably the real reason governments don’t want central cryptocurrency, because they love to embezzle themselves.
712.
by naveen99 4y ago
allow effort inequality (laziness as virtue tm) allow specialization Allow uncorrelated risk and reward
713.
by naveen99 4y ago
Traditional markets, central governments aren’t immune to the principal agent problem. best is to always align incentives.
714.
by naveen99 4y ago
Debt and equity are just different ways for investors to invest in a company. If company isn’t generating any return on investment, keeping the lights on is not sustainable.
715.
Twitter Advanced Search(twitter.com)
4 points by naveen99 4y ago|0 comments
716.
by naveen99 4y ago
There is no news there.
717.
by naveen99 4y ago
How do you think margin works ?
718.
by naveen99 4y ago
Market makers on stock exchanges are allowed to naked short with abandon (more leverage than retail). Almeda was a market maker on an exchange that allowed 100x leverage to retail. leverage on margin is a loan. The shocking part is they
719.
by naveen99 4y ago
Leverage and self custody can balance each other.
720.
by naveen99 4y ago
mtgox was bigger too. There are other reasons for a crypto winter like high interest rates and a newly credible us central bank. Rest of the world is not bigger when it comes to non residential real estate: private equity, venture, tech, f

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