nknealk

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121.
by nknealk 6y ago
There are several SEC filings around the departure of the CEO in Sept 2019[1][2] that line up with with the timeline mentioned in this article. Here's the relevant snippet from the 8-K: "On September 24, 2019, the Company and Mr.
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by nknealk 6y ago
The PE ratio might not be the best metric to judge Zoom by. Their gross profit was ~500M while net profit was only 12M almost entirely due to the SG&A line item. At first read, they're pouring every dollar of profit into their sale
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by nknealk 6y ago
I think that’s the default for any brokerage product. However, when you apply for options trading, you have the option to add margin to your account. It’s essentially just a tick box. It appears from the twitter thread that this user unknow
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by nknealk 6y ago
> I have a checking account and a home mortgage with Wells Fargo; I decided to see how heavily invested my bank is in CLOs. I had to dig deep into the footnotes of the bank’s most recent annual report, all the way to page 144... The tota
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by nknealk 6y ago
Is anyone non-Uber using Hudi in production? Can someone comment on what developing against it is like compared to other warehousing technologies?
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by nknealk 6y ago
Seconding Jetbrains products. They’re not the lightest weight text editors and have something of a learning curve. However, they have done a lot to improve my productivity
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by nknealk 6y ago
Overall the advice in this thread is really good. I'll add something though: take one class in GAAP accounting, one class in sales and/or marketing. These skills will be immensely useful when you actually enter the workforce.
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by nknealk 6y ago
For those that want a great history of the company, I recommend the most recent acquired episode. It might give a new perspective on the economics behind these kinds of tests. https://www.acquired.fm/episodes/spacex
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by nknealk 6y ago
Here’s the critical paragraph from results. I think another path forward would be to keep the low/medium dosing but titer for lack of Ad5 antibodies before qualifying a patient for the vaccine. > Before vaccination, 20 (56%) partici
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by nknealk 7y ago
For those who have never read a 10K in their life, the SEC requires all companies who publish non-GAAP metrics to also (1) publish GAAP metrics more prominently than non-GAAP metrics and (2) publish a reconciliation on how they arrived at t
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by nknealk 7y ago
Two thoughts: * there's a structured process for when a company can't pay its bills but is possibly viable in the long run if it can restructure its obligations called Chapter 11. The airline industry has tons of examples of compa
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by nknealk 7y ago
We use kinesis firehose and Athena as a SQL API for customer interactions analytics on our digital properties (among other things). Data sizes are upwards of 10M rows per day. Athena will blow through months of data pretty quickly at very r
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by nknealk 7y ago
Mayo Clinic has a really good writeup of the trade offs associated with compassionate use: https://www.mayoclinic.org/healthy-lifestyle/consumer-health... Essentially, if a patient has no other options and might die, t
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by nknealk 7y ago
This is one take —- 0% or negative interest rates are a signal that future consumption is more expensive than current consumption. For example, all my furniture is ~10 years old from Ikea. I’ve always wanted nicer things. The fence in the b
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by nknealk 7y ago
Many cruise lines are trading below the book value of equity. Carnival is one example. Oil probably won’t stay at $30ish/barrel for long. High quality oil companies aren’t likely to go bankrupt (eg. Exxon, Valero, Chevron). Senior assi
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by nknealk 7y ago
Bodies piling up is a lagging indicator. I think there’s some consensus that once the bodies start piling up it might be too late to do anything
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by nknealk 7y ago
It’s worth noting that many diseases don’t converge to herd immunity except through very high vaccination rates. Examples include polio, small pox, chicken pox, etc. So their assumption about outcome seems flawed.
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by nknealk 7y ago
Those stuck with me but so did the points the author made about gold. There was a depression. Central banks sticking to the gold standard is part of what made it the Great Depression.
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by nknealk 7y ago
If you’re interested in fiat currency and the fed, I highly recommend the book Lords of Finance. The author does a really good job of showing just what central banks do and how their responses to economic events shape outcomes. The book ent
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by nknealk 7y ago
Anyone save the full text? Every time I try to get to it I get a 404.
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by nknealk 7y ago
To raise a material amount of debt, lenders generally require there to be collateralized physical assets against that debt. Compare that to equity financing which firms can use on literally anything (eg. marketing spend, hiring, etc). So my
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by nknealk 7y ago
My highlights from the accounting statements (disclaimer: I'm 2 years into my MBA): * They put up $1.2B as collateral for some kind of insurance (looks like rider insurance, but it's unclear). From the footnotes: "In Q4 2019,
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by nknealk 7y ago
For those interested, carto also has some lovely OSM tiles https://carto.com/blog/positron-dark-matter-new-look/
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by nknealk 7y ago
I think a better comp might be to Movie Pass because both business were growing like mad but with negative gross margins. Both got huge and then ran up to bankruptcy because they no longer had cash to burn to sustain growth at negative marg
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by nknealk 7y ago
Those of you who like the business side of things should check out the Acquired podcast. They’re excellent story tellers and do a great job of covering a company’s history from founding to IPO or acquisition
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by nknealk 7y ago
Beefalos? Keeping with the animal theme here
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by nknealk 7y ago
GREAT question. Are they having trouble with customer retention? Are customers reducing spend year over year?
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by nknealk 7y ago
Interesting snippets from the footnotes: “ For the year ended December 31, 2017 and 2018 and the nine months ended September 30, 2018 and 2019 (unaudited), the Company had customers that individually exceeded 10% or more of the Company’s ne
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by nknealk 7y ago
Some bold predictions. Many may not come true: 1. Intel loses its lead in the data center and in laptops/desktops. This will be lead by Apple replace Intel with their own CPUs later this decade, AWS continuing to build out their ARM of
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by nknealk 7y ago
Check out PlaidML (from of all companies intel) to get AMD GPUs working with the Keras APIs for tensorflow https://github.com/plaidml/plaidml

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