nugget

16 ms·

121.
by nugget 6y ago
If you read down into the Twitter thread, it seems like the -$700k net balance ("debt") may have simply been a display "error" within Robinhood's system: "The unfortunate thing is there are certain situations w
122.
by nugget 6y ago
Remember that (almost) everything in America is a business. Sugar is cheap and addictive. I had an "aha" moment when digging into Starbucks' nutritional labels. I realized that, with certain types of drinks, Starbucks had
123.
by nugget 6y ago
I took a course taught by a former Microsoft exec who worked at the company before and after the DOJ's anti-trust settlement. He said the settlement profoundly changed the internal culture of competitiveness and innovation. Lawyers w
124.
by nugget 6y ago
If I want to invest my money somewhere it will earn a return, what are my options? Bonds, CDs, and other fixed income pay very little. "What about a 50% crash?" people ask (about equity-heavy portfolios.) Given that the Fed has s
125.
by nugget 6y ago
If a developer is 100% wfh and productive, who cares where they live? FB's stance would seem to alienate the technical talent that they spend a fortune to recruit, train, and keep motivated. Not to mention make anyone who wants to mo
126.
by nugget 6y ago
If the tech giants are truly ready to embrace permanent wfh for a large % of their employees I think we could see a land rush of innovation around wfh collaboration tools on the horizon, including some AR/VR applications. That is what
127.
by nugget 6y ago
At a minimum doesn't the CARES act transfer at least $500 billion to SMBs and unemployed people, via PPP and Federal supplemental UI? And since this is all deficit spending, it's implicitly backed up by the Fed being willing to p
128.
by nugget 6y ago
Didn't the Fed recently create a couple trillion dollars to inject into the economy? I'm not sure why you'd need additional taxes at all, when it seems that deflationary pressure is so great that you can summon up trillions w
129.
by nugget 6y ago
Of that list, I understand why MSFT, AAPL, AMZN, and NVDA would be up. The rest aren’t so clear to me. NFLX - streaming is up but consumers exhaust the content library faster and competitors (Disney) will now want to gain market share at a
130.
by nugget 6y ago
90% of mortgages in the US are owned or insured by Fannie or Freddie. The Federal Government has provided rules that mortgage servicers are required to follow for these loans. I am guessing that the majority of the other 10%/privatel
131.
by nugget 6y ago
1. Were you laid off recently? If so, are you getting the supplemental $600/week in Federal UI benefits, on top of whatever your State provides? It varies by State but with the Fed supplemental you should be receiving between $835&#x
132.
by nugget 6y ago
A large amount of the value results from signaling but don't underestimate the value in taking a smart, ambitious 18 year old and putting them in a dense concentration of similar, like-minded individuals for 4 very formative years.
133.
by nugget 6y ago
Watch Captain Fantastic - one of my favorite movies. What most kids really need: time, attention, and role models who instill the values mentioned above (intellectual curiosity, love of reading/learning, creativity, achievement.) Kids
134.
by nugget 6y ago
Isn't a better analogy that we have invented some new type of window glass that is the future for all homes, but there isn't overwhelming demand in the free market for it yet (due to price incentives); therefore, we should break s
135.
by nugget 6y ago
In my experience with very early stage teams, a lot of creativity and innovation occurs as a byproduct of spending a large amount of time together in close quarters discussing a range of topics (work related and not.) I’ve managed remote t
136.
by nugget 6y ago
All unemployed workers in the US receive the extra $600/week Federal benefit. Sometimes it takes time for the States to start paying (and they are particularly backlogged at the moment) but once approved, the amount paid is backdated
137.
by nugget 6y ago
I saw a statistic that 0.25% of NYC’s population has already died from Coronavirus (15k/6m). It seems worse there due to the density, and similarly dense cities like London are in the same boat.
138.
by nugget 6y ago
Are there any signs of this starting to happen given how low prices have gone?
139.
by nugget 7y ago
How far will it jump back down? A lot of small and medium sized businesses are pretty marginally profitable and exist because of legacy momentum. I'm starting to think that a lot of these businesses will never re-start after the pande
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by nugget 7y ago
The situation in Europe will be much worse a month from now than it is today, unfortunately. I'd bet on this ban lasting closer to 90 days than 30.
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by nugget 7y ago
>and who's a former co-founder of a co. with a billion-dollar exit I know your point wasn't entirely literal but it made me curious as to how many YC founders are in this position...Kyle with Twitch and then Cruise is the only
142.
by nugget 7y ago
Have you thought about organizing a small group of 3-5 kids to get together and work through the material, under the guidance of a parent? I homeschooled for a couple years and this was pretty effective within that community.
143.
by nugget 7y ago
Isn't this one utility of free markets, to be a source of predictive consensus about what is likely to happen in the future?
144.
by nugget 7y ago
I have a lot of very smart, research-inclined friends and it's been interesting to watch their reactions as this potential pandemic develops. About half are taking it extremely seriously (prepping and encouraging others to do the same
145.
by nugget 7y ago
This hit home for me when I watched the movie Brooklyn. A hundred years ago, when you emigrated from Europe to America, you often left elderly family behind. You knew there was a high probability you would never see or speak with these re
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by nugget 7y ago
Texas also has the country's best medical center in Houston with many thousands of medical specialists.
147.
by nugget 7y ago
I am always actively recruiting mid to senior level candidates out of FANGs. I would say about half of these people are seriously poachable, given the right opportunity. For the other half, their compensation is simply too high to pull th
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by nugget 7y ago
A better analogy would be delivering an odd-looking home made cheeseburger wrapped in a Burger King wrapper. A couple of my recent Amazon purchases have felt like this.
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by nugget 7y ago
Body temperature tends to decrease because of a deficiency in thyroid hormone also. Many of the synthetic chemicals used to treat modern day home goods seem to impact this system. I'd be curious whether there is any correlation there
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by nugget 7y ago
I understand the logic behind wanting to preserve Boeing as a company due to it's economic importance. But I don't understand the need to preserve any ownership by the current stock or bond holders. When the CEO has such neglige

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