nemanja

9 ms·

31.
by nemanja 12y ago
If you are buying a new run of the mill car and are not picky about colors/options, you are basically buying a commodity - every new car of the given make and model is just like the next. If you also happen to live in the U.S. near a m
32.
by nemanja 12y ago
> It looks about the same now as it did then... That is really impressive. The first thing I noticed looking at the building is how well it looks for 1956 construction and particularly given harsh environment. I suppose it's a test
33.
by nemanja 12y ago
Yep, you are spot on about how it works in the real world. Incidentally, you may get all three (i.e. small profits from daily delta adjustments + theta decay + gamma upside) on some trades, but the bottom line is that it always requires a
34.
by nemanja 12y ago
Exactly, you are spot on. Leverage you can get either through options on the futures or margin. A high school kid from Queens wouldn't have the type of collateral and in the amounts required to get that type of leverage. Heck, he would
35.
by nemanja 12y ago
Maybe, and in my view, PR reps interference just makes things appear a bit worse. The way I think about this is that if I was Sty teacher who wrote Mohammed's college recommendations, I would be very uneasy right now and think really h
36.
by nemanja 12y ago
Yeah, but probably more of this kind [1] :) Funny thing is that this story popped up on my Facebook feed and I read it right before I read about New York Magazine's boy genius, so it really helped provide a nice context in contrast. At
37.
by nemanja 12y ago
Yes, this story made me cringe really hard as I was reading it last evening. First off, if the reporter just bothered to speak with only one person who ever traded derivatives, she would have learned this was a complete hoax. Simply put,
38.
by nemanja 12y ago
I suppose I don't place data surveillance and stuff like journalist executions, apartment bombings, staging theater/school hostage situations in the same weight class of morally wrong.
39.
by nemanja 12y ago
If Snowden blew the whistle (to the minimum extent possible to inform the public about what was happening) and stayed in the U.S. to face the music, I could buy the argument that he was a hero and deserves a pardon. What he did instead is t
40.
by nemanja 12y ago
I suppose what you are saying is that prosecuting someone for a trial by a jury of their peers (with access to the best defense you can imagine) is much worse than poisoning people with radioactive materials?? At the end of the day, Snowden
41.
by nemanja 12y ago
Your intuition is spot on - Mercer is one of the biggest HR/benefits consulting firms, and primary use cases of their surveys are to inform execs and provide a reference to HR when calculating cost of living comp adjustments when execs
42.
by nemanja 12y ago
Google at some point stated they will always prioritize long term interests of their users vs. short term interests of their shareholders (paraphrasing). I think that's the key - when you focus on your users, financial success follows
43.
by nemanja 12y ago
When looking at those charts, I would disregard the relative density during the IPO madness of '98-00, time when IPO was the default option for companies that should have never been public, to great retail investor fanfare, massive spe
44.
by nemanja 12y ago
Nah, not quite. Public markets are red hot right now. Nasdaq is ~20% above all time high of '99 madness. IPO always was and always will be the best financing option down the road for great companies, Stripe included. Yes, there is
45.
by nemanja 12y ago
Exactly! I would actually argue that if anyone wanted to buy the whole company tomorrow, they would probably have to pay at least 4-5x premium to today's valuation (purely illustrative/gut figure, I have no inside knowledge here a
46.
by nemanja 12y ago
I think this is mostly a pedantic point for a late stage private convertible preferred. While private convertible preferreds typically have a dividend stream, conversion option (typically at spot) and liquidation preference (1x and presumab
47.
by nemanja 12y ago
Well, that's more or less how it works today. Airline pilot's job is basically hours of boredom punctuated by minutes of terror. Computers do most of the work, pilots are there for takeoffs and landings (which could be automated)
48.
by nemanja 12y ago
Yeah, I basically have no idea how I survived Sandy without your gargantuan intellect and sage life advice.
49.
by nemanja 12y ago
Yeah, that would make some sense back in 2005, maybe. During Sandy in 2012, Aero was infinitely more useful: when power ran out your TV with bunny ears became completely useless. On the other hand, you could still watch Aero on your batte
50.
by nemanja 12y ago
That shouldn't be a factor if passwords are hashed, right? In other words, you don't have plain-text to pass on to the legacy system.
51.
by nemanja 12y ago
I always thought that the max is there to discourage users from setting passwords so long they can't remember them (and instead write them down on a post-it that's right on the monitor).
52.
by nemanja 12y ago
Having spent a couple of years in M&A and capital markets, I can attest that this is absolutely true. In most cases, most top M&A buldge bracket firms and even top M&A boutiques, will look to work on sell-side deals that are $50
53.
by nemanja 12y ago
Yeah, it's possible - HR should screen for cultural fit and sometimes they may pull a trick or two like that. I've never toyed with applicants per se, but would occasionally ask them to explain me something that is either very sim
54.
by nemanja 12y ago
An awful confrontation is definitely not a way to go. May want to try coaching approach, politely explaining the difference. For all you know, it may have been an intentional filter. Bottom line though is that it helps you to use the same k
55.
by nemanja 12y ago
Up in NYC
56.
by nemanja 12y ago
One thing that helped me in the past is differentiating on how fast I could move the deployment / customization of our solution vs. a larger competitor. The service we offered was pretty complex in terms of business requirements (perio
57.
by nemanja 12y ago
Your point is red herring. TechStars and YC investments are actually structured similarly (with slight differences, e.g. YC uses safe instead of convert debt) and primarily to optimize for tax. Not a single sophisticated investor will look
58.
by nemanja 12y ago
Yep, law should apply equally to all (in theory). In practice, prosecutors have great deal of discretion on which cases they decide to pursue with limited resources at their disposal. All I am saying is that there are certainly hardened cri
59.
by nemanja 12y ago
So, in your view, is NJ AG incompetent or evil here? From my vantage point AG is either: 1. Looking to build a case against the students, which in all likelihood appears to a loosing bet (if you apply any common sense to the fact pattern).
60.
by nemanja 12y ago
Parallel to Aaron Swartz is rather strong, in my view, in that this is also a case of gross prosecutorial overreach.

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