neilknowsbest

6 ms·

1.
by neilknowsbest 7mo ago
Both of these views are consistent with each other. Most people are honest and issue few referrals. But the few people who are dishonest issue loads of referrals. Therefore, most of the referrals a company gets are from dishonest people.
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by neilknowsbest 1y ago
I've been to the Moffat Tunnel many times and I never realized there was a water project associated with the better known rail tunnel there. FWIW, I've also never seen any sort of security there. Besides a lone Gilpin county she
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by neilknowsbest 1y ago
The Federal Reserve Bank of New York has a great quarterly report on consumer credit [0], which the article briefly mentions. The latest report (Q1 2025) is here [1]. Student loan delinquencies shot up in the last ~2 quarters, which check
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by neilknowsbest 1y ago
To add a little more detail, ES is the e-mini S&P 500 futures contract traded on the CME. The way it works is that you put up some amount of money called the "margin", and you get to buy or sell a larger "notional"
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by neilknowsbest 1y ago
The imperative for the government is to reduce the deadweight loss of under-improved land. Whether or not the owner chooses to improve should be their choice, but there is an opportunity cost to not improving. Absent a LVT, that opportunit
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by neilknowsbest 1y ago
PR has a dry season when the island receives less rain, and there are dry regions that generally get less rain. In fact, there are sometimes forest fires [1]. Regarding construction, I've never seen a smoke alarm inside a residential
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by neilknowsbest 1y ago
Model trains and New Jersey? I assumed it was about Northlandz [0]. I haven't been there in several decades, but I guess it's still in business. Very neat. [0] - https://northlandz.com/
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by neilknowsbest 1y ago
It appears to be the Soka University of America. https://www.soka.edu/about/faculty-staff/ryan-allen https://en.wikipedia.org/wiki/Soka_University_of_America
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by neilknowsbest 2y ago
The reference: https://en.m.wikipedia.org/wiki/Amager_Bakke
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by neilknowsbest 2y ago
I'm curious about that quote. To my mind, we don't farm because we're trying to use land to "create energy", we farm because it produces food that humans demand in order to live. Is there some way to satisfy human
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by neilknowsbest 2y ago
To be sure, Puerto Rico is a territory of the US. I imagine that making deals with China as you describe would draw the ire of Washington, if it's even "legal" in the first place.
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by neilknowsbest 2y ago
I don't think there is any misunderstanding. The issues are with local distribution, not generation or transmission. So it's simply a matter of prioritizing the restoration of distribution circuits which serve hospitals, seniors
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by neilknowsbest 2y ago
There are some good arguments against that. It creates a deadweight loss by banning high utility private uses of the car (driving kid to hospital) and instead there would be an increase in low utility "work" uses of the car (deli
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by neilknowsbest 2y ago
I believe there is a distinction between profits for "transmission" specifically and for electric utilities more broadly. The FERC ruling that you reference is for PG&E's transmission assets, i.e. high voltage lines and
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by neilknowsbest 2y ago
Similar to this is the Weyerhaeuser headquarters building [0] in Federal Way, WA. The campus is also home to the Pacific Bonsai Museum, which is a real gem. Not too far out of the way for anyone visiting Seattle (just a little ways south
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by neilknowsbest 2y ago
I was skeptical too, but it's plausible. According to the Federal Reserve's Distributional Financial Accounts release [0], the bottom 90%'s share of "corporate equities and mutual fund shares" in Q4 2023 was about
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by neilknowsbest 3y ago
What exactly does "stat arb" mean in this context? I assumed it meant "statistical arbitrage", so I was expecting the article to talk about a pairs trading strategy or something in that vein, i.e. a strategy that relies
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by neilknowsbest 3y ago
You're right in principle, but larger interconnections aren't a panacea. The reality of Uri is that the neighboring regions to the north (SPP) and east (MISO) were on the brink themselves (grid emergency and rolling blackouts in S
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by neilknowsbest 3y ago
The stacked line chart [1] of daily production by basin on the wiki page is very misleading. Following through to the source EIA data [2] and comparing Feb 2021 against Jan and March 2021 shows permian production down 19% from "averag
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by neilknowsbest 3y ago
Policy?
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by neilknowsbest 3y ago
I agree with your general argument (retail consumers overwhelmingly do not face instantaneous price signals). However, I think you can "panic buy" electricity. I live in a place with unreliable electricity. On hot days, I'm
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by neilknowsbest 3y ago
He's a retired businessman. They met, by chance, years ago when he was in South Korea to close the construction contract for his 50-boat fishing fleet with Hyundai.
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by neilknowsbest 3y ago
Aside: I thought there was some sort of requirement that NYPD officers must live inside the city?
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by neilknowsbest 4y ago
I wanna know how he managed to initiate a wire for $35MM online (and approximately 100% of account balance), presumably to a brand new recipient, and only got a single phone call and the wire request wasn't rejected. Maybe things have
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by neilknowsbest 4y ago
Failed banks that have been resolved by the FDIC have, in fact, seen depositors lose money on non-insured deposits (i.e. deposits in excess of the insurance limits). FDIC makes payments, called "dividends", to depositors. The hi
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by neilknowsbest 4y ago
To be sure, Lehman Brothers was not a depository institution. FDIC insurance protects only insured deposits up to the limits, and thus was not in play for creditors to Lehman.
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by neilknowsbest 4y ago
FWIW, the creek bed there is almost certainly dry outside of flash flood events. It's a very arid region.
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by neilknowsbest 4y ago
Along this vein, I've heard somewhere that pimps wear lots of jewelry because they can pawn it for bail money. Apparently cash can be seized on arrest, but jewelry is classified as some sort of personal property and thus won't be
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by neilknowsbest 4y ago
Interesting, I hadn't realized that. I always assumed that firms doing this were just reimbursing the employee and then putting the lunch/whatever expense onto their own books.
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by neilknowsbest 4y ago
To be sure, $20 per day at ~250 days per year is $5k. And that's tax-free to the employee, so if they're going to be spending that money on lunch anyways, it is better for the employee to trade the $5k pretax salary for the lunch

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