nugget

93 ms·

961.
by nugget 12y ago
Young developers should save 50% of their after tax income. In some ways, this industry is awesome: to be able to make six figures in your early 20s is an incredible benefit and potential head start on financial independence. In other ways,
962.
by nugget 12y ago
I saw examples like this over and over when I worked with Government, and it's ultimately what pushed me to embrace libertarianism. Government usually has great intentions, but those intentions are often overwhelmed by the perverse mi
963.
by nugget 12y ago
Let's say I live in a 1000 sq ft house and everyone else in my town lives in a 500 sq ft house; there is a certain level of inequality. Years pass, the economy rumbles on, we invent new products and more efficient services, and now I
964.
by nugget 12y ago
Read Tyler Cowan's critique of Piketty which was just published today. My favorite bit is near the end, where Cowan reinforces that by Piketty's own admission, the proposed wealth tax would shift up to 75% of national income to t
965.
by nugget 12y ago
I'm a naturally competitive individual and I like to out-compete my peers at work - in other words, to win. I don't think this part of human nature will ever lessen no matter how far technology advances.
966.
by nugget 12y ago
I heard Bill Gates speak once at school and I remember him saying that giving away his fortune was harder than earning it in the first place.
967.
by nugget 13y ago
RadiumOne is an ad network. If you want to make an impact, appeal to its advertisers. Especially high profile brands that target women. The board doesn't care. (Having followed this story since it broke, nobody really seems to care
968.
by nugget 13y ago
Without Bing, Google would have a monopoly in search in almost every country in the world. Monopolies never turn out well. We should all hope that Bing is here to stay and that Microsoft continues to funnel dollars into creating a competi
969.
by nugget 13y ago
I think success in this context is less about hours of sleep and more about manic focus. You can sleep 8 hours, spend 2-4 hours on random crap, and still work/be around work for the other 12-14 hours. I've been either inside or
970.
by nugget 13y ago
Someone asked me once what the most important thing I ever bought myself was. I thought about it and said financial independence. I think that independence is as much a choice as purchasing a house or a few cars, and a heck of a lot more
971.
by nugget 13y ago
It would transfer wealth to the poor for about 2 seconds. Most of the recipients would quickly spend the money, which would transfer it back to the upper classes. The poor don't need helicopter drops of cash, they need a societal fra
972.
by nugget 13y ago
I wish this article had mentioned restrictions on development as the major cause of insane rental prices. Just build more high rises. It's not that hard. There is room for a dozen more Rincon and Infinity like towers around downtown
973.
by nugget 13y ago
Shouldn't people be allowed to choose? As a student, maybe you would demand $40/hour from a web dev chop shop, but offer to intern for Andy Rubin for free? I understand the need to weed out scam artists and prevent exploitation,
974.
by nugget 13y ago
I have heard that Microsoft's hardware cost to serve 1000 searches is > $1 while Google's equivalent cost is around $0.07. If true, this is definitely a competitive advantage.
975.
by nugget 13y ago
Your post reads like penny stock hype, which ultimately just hurts us in the alt coin community. Many smart people on both sides of the market have priced in future expectations and determined current coin prices. Certainly the hope is it
976.
by nugget 13y ago
He admits to lifestyle creep as his income increased. It's not what you make, it's what you spend. That's the best personal finance advice I ever received, but very unintuitive for most people unfortunately.
977.
by nugget 13y ago
I would love an apartment in a nice part of town with a decent view, a guest bedroom and maybe a den/home office. Does this make me materialistic? Because compared to housing, everything else is really inexpensive.
978.
by nugget 13y ago
You don't deserve to be here, but thanks for the $50,000 tuition check we just cashed . . . Education, like religion, politics, and almost everything else in America, is first and foremost a business. Never lose sight of that.
979.
by nugget 13y ago
It's not widely known but the United States was the first developed country to promote a basic income, in the form of the Alaska Permanent Fund. Each year, every US citizen resident in Alaska receives a dividend payment from this fund
980.
by nugget 13y ago
Obamacare is NOT about health insurance. It's about catastrophic injury insurance, which you are very, very unlikely to ever need. In the past, in the event of catastrophic injury, you declared bankruptcy and the hospital ate the bil
981.
by nugget 13y ago
This is where real tech journalists should do their jobs and hold these VC partners personally accountable for this investment.
982.
by nugget 13y ago
You can also file an action against them in your local small claims court. Depending on where you live, it takes about 30 minutes to fill out the form and costs around $25 in filing fees. Most likely the company will not respond to your c
983.
by nugget 13y ago
This only works up to a certain valuation and on a certain % ratio. Yahoo paid $1.1 billion for Tumblr and $70m personally to retain Karp. They probably couldn't have paid $1 billion for the company and $170m for Karp, for example, w
984.
by nugget 13y ago
"Behind every great fortune is a great crime."
985.
by nugget 13y ago
What's to prevent one of the incorporation mills from creating a flat fee syndication platform to manage the LLC and provide template documents? Asking for % carry as a platform that streamlines the legal filing and record keeping se
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by nugget 13y ago
Quality of life is low in the sense that they are paying a huge % of monthly income in rent and usually sharing sub-standard housing accommodations. They don't save much. They work a lot and rarely have time to enjoy the area. Qualit
987.
by nugget 13y ago
It's a gold rush. California is famous for them. Quality of life for most of the tech workers is pretty low, but everyone is focused on the stock option lottery, and there are plenty of winners (next up: Twitter) to keep up faith in
988.
by nugget 13y ago
Reasonable expectations of privacy underpin a huge number of functions of modern free society including journalism as noted above. NSA actions have called all of them into question. We need more comments an analysis on that front, not les
989.
by nugget 13y ago
Education. Health care. Music. Three industries within which I would never try a startup due to such twisted incentives and resistance. Much respect to those who do try even when they know the odds.
990.
by nugget 13y ago
It's not always about money. Some people just want to put that dent in the universe.

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