naveen99

55 ms·

931.
History of Standard Model(amazon.com)
2 points by naveen99 5y ago|0 comments
932.
by naveen99 5y ago
My point is the laws against public urination and defecation by humans are ridiculous given how many dogs are doing the same thing all over the place.
933.
by naveen99 5y ago
You can’t be long and short at the same time unless you mean long volatility. But then you can’t be both long and short volatility at the same time. Unless you have second derivative options, and there isn’t much liquity in bitcoin first
934.
by naveen99 5y ago
Dogs seem to be fine with peeing and pooping on a leash ?
935.
by naveen99 5y ago
Proof of work is good for jobs that require skill (science, technology, productivity, markets). It’s ok to have proof of stake (corporation shareholders) or proof of vote (communities, unions, families) for things that don’t require skill
936.
by naveen99 5y ago
If we valued people’s net worth like we value companies listed on the nasdaq, with P/E ratios of 40, median us worker with earnings of 60k, is at $2.4 million before 30. Note, the median salary of nasdaq listed company employees is pro
937.
by naveen99 5y ago
Average age to reach a millionaire in the usa is 55. https://www.lexingtonlaw.com/blog/finance/average-net-worth-...
938.
by naveen99 5y ago
Average wealth in the usa is already around half a million. Average wealth for 50 year olds is already around a million.
939.
by naveen99 5y ago
Only two full stops. Nicely done !
940.
by naveen99 5y ago
Real estate is still deflating relative to bitcoin, tesla, nvidia, and even as an asset class relative to financial wealth atleast in the usa https://www.credit-suisse.com/media/assets/corporate/docs/ab..
941.
by naveen99 5y ago
Rental yield in Mumbai: 2-3% https://www.commonfloor.com/guide/price-rent-ratio-grows-in-...
942.
by naveen99 5y ago
You are ignoring their largest asset, which is their future labor / income.
943.
by naveen99 5y ago
The bottom 50% don’t count their future labor / income as wealth. However the top 10% do count as wealth future cash flows from business which is dependent on the bottom 90%’s labor. So once you setup an equation between future incom
944.
by naveen99 5y ago
So is factor probably. Will be interesting if you pick up a new hobby project once you retire from day job.
945.
by naveen99 5y ago
Clear conflicts of interest are usually fine. It’s the unclear or hidden ones that are sometimes problematic. I mean judges trust lawyers to argue cases on behalf of their clients with a declared conflict of interest to opposing counsel.
946.
by naveen99 5y ago
Company valuation * 0.2% + cash compensation + benefits = total compensation. Work backwards from total comp.
947.
by naveen99 5y ago
The fed tried to predict the market rate at auction. It probably leaves money on the table if the nominal rate is too far from real rate.
948.
by naveen99 5y ago
Fed controls only nominal interest rates on treasuries. The real / effective rate is set by the market at auction by adjusting the price on the bonds.
949.
by naveen99 5y ago
You can also use non-debt based leverage to benefit from inflation. For example selling put spreads or buying calls on inflating stocks or etfs.
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by naveen99 5y ago
> shortage of risk-free assets Risk free assets don’t exist. So by definition, they are always in short (0) supply. Even treasuries are at currency, inflation, and interest rate risk. If you are using risk free as a synonym for us treas
951.
by naveen99 5y ago
Almost all work doesn’t need to be done. We are talking about the work that gets done.
952.
by naveen99 5y ago
> The only "hole" the U.S. is digging is allowing China to purchase an unlimited amount of dollars. You think China allows the U.S. to do that? It is capital inflows into the US that need to be reigned in, just as China does no
953.
by naveen99 5y ago
> supply issue cannot be remedied or solved because of heavy regulations and a stagnant productivity. Atleast the labor supply is artificially constrained in the usa by immigration restrictions. All they have to do is loosen some (they
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by naveen99 5y ago
Linkedin
955.
by naveen99 5y ago
Exactly! Thanks.
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by naveen99 5y ago
> “the price of sex with women” is the most joyless thing I’ve ever read here Prostitution is an industry entirely built upon the price of sex with women. You can do a thought exercise about what would happen if it was entirely legal wit
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by naveen99 5y ago
I don’t really have a value judgement, just want some rational economic analysis. Must take some cognitive dissonance to think my cold analysis is more disrespectful of women and relationships than prostitution itself.
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by naveen99 5y ago
> No they're not. Or at least they shouldn't be. I hate to break it to you. Maximum employment is the one thing the righty capitalistic federal reserve and the lefty communists have in common. if anything the socialists are m
959.
by naveen99 5y ago
Youth must do all the work. Who else would do it ?
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by naveen99 5y ago
I am surprised we don’t see economic arguments to rationalize the status quo of societal norms against cannabis and prostitution on hackernews. Maximum employment and productivity are the highest economic policy goals. Cannabis and recreati

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