nugget

44 ms·

421.
by nugget 9y ago
At least in downtown areas, Seattle is infamous for having some of the least restrictive zoning laws in the country. I was advised not to pay any premium for a condo with a nice view, for example, because there is almost no such thing as a
422.
by nugget 9y ago
I saw an interesting proposal that called for hefty property tax surcharges that could be rebated against annual personal income taxes.
423.
by nugget 9y ago
A friend of mine used to look for Series B startups where multiple top tier VC firms had co-invested, and used that to filter down prospective leads. It led him to some very lucrative opportunities.
424.
by nugget 9y ago
My first day of grad school, a very well-known history Professor asked us what two groups have existed in every civilization since the dawn of time - his answer - "the rich and the poor".
425.
by nugget 9y ago
Google should learn from old Microsoft's mistakes and voluntarily become more partner-centric before they are forced down that road by the Government.
426.
by nugget 9y ago
I went to WeWork just because I needed a few month-to-month desks quickly. WeWork has excellent execution but I don't think of them as a lifestyle or luxury brand. If someone else can provide me the same ballpark product for 20% less
427.
by nugget 9y ago
Michael's father posted a comment to Scott Aaronson's blog where he confirmed it was not suicide or homicide, and speculated it might have been undiagnosed type 1 diabetes (among other contributing factors), but said they won&#x27
428.
by nugget 9y ago
Doesn't bother me too much. Companies who succumb to this trend will quickly head sideways and eventually become irrelevant, creating more opportunities for startups and new entrants.
429.
by nugget 9y ago
Cryptocurrencies aren't necessarily deflationary. Some aspects are quite inflationary, in fact. They can fork. They can have arbitrarily-imposed coin limits increased by changing a single line of code. Other aspects are deflationar
430.
by nugget 9y ago
> you need to radically reduce the cost of goods and services Yes. Starting with housing, most people's #1 expense (and, complicating matters, many other people's #1 investment).
431.
by nugget 9y ago
Why do people trade OTC penny stocks of small companies that are almost all deeply flawed with continual share dilution and little to no prospect of future viability? I see ICOs as the more hip cousin of the OTC penny stock. 1 in 50 will t
432.
by nugget 9y ago
Underrated advice. As they say: "it's not what you make, it's what you spend". Personal expenses will inevitably determine financial stability, for the vast majority of folks.
433.
by nugget 9y ago
My experience is that to be a successful founder you have to be "on call" pretty much 24/7 as you never know when either a major opportunity or a major crisis will arise. People handle situations and stress differently, so t
434.
by nugget 9y ago
What's the end game here - when SHTF you don't care about your puts, because you've finally got a great buying opportunity for the bulk of your cash reserves? How low does it have to go before you start trading the other dir
435.
by nugget 9y ago
The revolutions that occurred in electrification (up to and including sophisticated home appliances), mass production (clothing, food, shelter), and transportation (from horses to cars) brought a lot more people into the workforce and into
436.
by nugget 9y ago
Humans and their systems are very resilient. Personally I would have let a lot of the weaker US financial institutions fail after Lehman. It would have been much more painful in the short term, but I bet we'd be in a healthier recove
437.
by nugget 9y ago
Hyper-socialization can teach a lot of "soft skills" which come in useful in the business world. Whether it's a fraternity, a sorority, military boot camp, or similar experience, this influence may account for some of the da
438.
by nugget 9y ago
Let's pretend someone has arrived upon 14 million in after tax net worth (not the case in OP's scenario). You want to be set "forever" and not dependent on working again. You'll probably work, but may not be able t
439.
by nugget 9y ago
I have friends who are pilots at the majors who clear $300,000+ a year. Pay has risen substantially since the round of bankruptcies cleared legacy debts. FedEx and UPS apparently pay the most - although I'm not sure why.
440.
by nugget 9y ago
> 3. Many who currently produce wealth to make ends meet - paying income-scaled taxes included - may very well be enticed to "go Galt" by seeking a self-sufficient lifestyle where $UBI/mo covers all cash needs without one
441.
by nugget 9y ago
I never liked the narrative of a "broken economy" in articles like these. I think it would be more productive to talk about a process of reversion to the type of feudalism - and associated inequality - that has been the norm for
442.
by nugget 9y ago
This is why security mono-culture is dangerous and it's in our interest to maintain a diverse ecosystem of security vendors in every area. Security is hard and anyone can have a serious vulnerability.
443.
by nugget 9y ago
Given how hard it is for any group of people to keep a secret, I've always thought it much more likely to be a single individual.
444.
by nugget 9y ago
Would it be more cost effective to buy a catastrophic insurance policy and self-insure (pay cash) for routine services?
445.
by nugget 9y ago
I recall Janet Yellen mentioning in a speech earlier this year that shrinking cell phone bills were applying noticeable deflationary pressure on the economy. After I read her remarks I logged in to Verizon and poked around - I was grandfat
446.
by nugget 9y ago
Isn't TrueCrypt 7.1a still reliable?
447.
by nugget 9y ago
You typically aren't allowed to tax-free swap one asset for a different asset, even if the assets are of the same type. You can't tax-free swap Facebook stock for Amazon stock, for example, or a gold coin for silver coins of equi
448.
by nugget 9y ago
You also owe taxes if you exchange one digital currency for another, e.g. BTC for ETH, equivalent to if you had sold the BTC for USD.
449.
by nugget 9y ago
> Why are there tens of millions that can't afford higher education? Tuition at the highly-rated community college near my house is $1,500 per semester. It's expensive to go away to a residential 4 year private university, but
450.
by nugget 9y ago
Couldn't this be a predictable result of deflation in other expense categories, i.e. as "stuff" becomes cheaper consumers will just reallocate the savings to competitive markets where demand outstrips supply (e.g. housing nea

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