nugget

39 ms·

211.
by nugget 7y ago
Financial capital is so abundant that interest rates are headed to 0%. There is already too much money chasing too few investment opportunities which leads to severely mispriced valuations (e.g. WeWork) that are unsustainable and will simp
212.
by nugget 7y ago
Anything and everything, unfortunately.
213.
by nugget 7y ago
Lead is one of the most toxic materials that children can be exposed to and the effects last a lifetime. My concern over lead exposure with young children has led to me buying almost nothing from China any more -- the supply chain and man
214.
by nugget 7y ago
If you start off as an electrician, you don't have to remain an electrician forever. You can move up to managing other electricians. You can become a general contractor and manage multiple trades. You can become a real estate develo
215.
by nugget 7y ago
I'm more skeptical of WeWork's culture and valuation than most, but I will give them credit for creating the best quality product in the market. When I need conference or office space in various cities I don't compare WeWork
216.
by nugget 7y ago
I’m surprised there aren’t more startups in EU countries since the opportunity cost of lost corporate salary is lower. Or maybe there are, and we just don’t hear about them?
217.
by nugget 7y ago
I believe Austin has started to benefit from this trend.
218.
by nugget 7y ago
>Glad you lost weight but kale smoothies and fasting are not magic--it's just reduced caloric intake conferring most of the benefits you're seeing. >As if fasting or kale give you more energy (they don't). Your comment
219.
by nugget 7y ago
A land value tax would fix this - the more land appreciates in value, the more property tax the owner would pay to the public coffers. California would also have to repeal proposition 13 which limits property tax increases. Proposition 13
220.
by nugget 7y ago
My understanding of trickle down economics is that you get more economic activity by putting a dollar in the hands of the bottom 10% than the top 10%, which makes sense since the propensity to consumer is higher at the bottom. By investing
221.
by nugget 7y ago
I believe lower taxes stimulate productive investment of both human and financial capital so I'd prefer to lower income and investment taxes. But this only seems fair and sustainable if you raise the inheritance tax to a very high lev
222.
by nugget 7y ago
Implementation may be politically difficult, but the solution isn't rocket science: substantially raise the inheritance tax and abolish all trust loopholes.
223.
by nugget 7y ago
His statement reinforces the whole point of ZIRP: minimize the value of financial capital and maximize the value of human capital. Force investors to take on more risk. Entrepreneurs ironically may take on less risk since the value of lab
224.
by nugget 7y ago
I have a running debate with one of my friends about the future outlook of these markets. We both agree that perfect replication of many physical collectibles (e.g. mtg cards, comic books) will become possible over the next few decades. M
225.
by nugget 7y ago
My sense is that there are already laws that allow for the criminal prosecution of responsible executives, up to and including the CEO if he or she knew. But there is a lack of enforcement, whether because of political pressure or mis-alig
226.
by nugget 7y ago
To what extent did people and institutions deserve our trust? Speaking as a younger American, I was raised with a lot of bad science, corporate bullshit, and Government subsidized propaganda. The Internet just amplified contrarian voices a
227.
by nugget 7y ago
Ecosia has its own narrative to push but the real problem is much deeper than that. By setting up an auction system, Google has effectively ensured that ALL of the options on the screen will be Google search syndication partners, because no
228.
by nugget 7y ago
In theory, the Yahoo acquisition held a lot of potential for Verizon. In reality, Verizon operationally mismanaged many parts of the business and destroyed most of the value. Tumblr is one visible example of that. It's unfortunate b
229.
by nugget 7y ago
One of the big outstanding macro questions is how these businesses perform in a recession. If (or when) an inevitable contraction occurs, how quick are millennials to trade a daily uber eats habit for weekly groceries and meal prep at home
230.
by nugget 7y ago
RMB devaluation impacts all countries that import into China since it makes those imports more expensive for Chinese consumers.
231.
by nugget 7y ago
How do you ensure our society survives in such an environment? There’s a potential future where the birth rate in open and tolerant communities falls to near zero while the birth rate in closed, ultra orthodox (across numerous faiths and d
232.
by nugget 7y ago
Unless you have a specific health condition, do you really need to consult a physician before trying out an activity that humans have engaged in for thousands of years? Especially with all the information accessible online these days, ple
233.
by nugget 7y ago
Same here. Not only are they immune to being fired, they can more or less switch teams whenever they want.
234.
by nugget 7y ago
Do you have a primary care doctor you like? Not all doctors accept all insurance plans, so sometimes it’s helpful to work backwards from that. You can call their office and ask for a list of accepted plans.
235.
by nugget 7y ago
I had dinner in Seattle last week and the waiter did not mention the 20% service fee. The way the bill was delivered in a suspiciously folded manner, one would have had to dig through to find where it was printed. I tipped 20% on top of w
236.
by nugget 7y ago
I had exposure to a range of different educational environments growing up, including Stanford's EPGY online/distance learning courses. My experience was that a great teacher with a small class (<15 kids) was preferable to onli
237.
by nugget 7y ago
Is there an aggregation tool available anywhere for these threads equivalent to hnhiring.com for the "who is hiring" threads? I'm often looking to hire for startups within my network but sometimes the threads can become tedi
238.
by nugget 7y ago
The most impact I see would be on people for whom non-liquid assets comprise the majority or entirety of net worth. Take a YC unicorn for example. As soon as a 409a valuation puts the value of a founder's common stock above $50m (in
239.
by nugget 7y ago
This strikes me as a political PR move by the less generous cohort more than anything else. I am familiar with the Pritzker family mentioned in the article and they are, in my opinion, much more committed to dynastic family wealth than to
240.
by nugget 7y ago
Whatever a Government official can do to you in response to real or perceived disrespect, they can also do to you just because they don't like the way you look or dress or vote. Various forms of Constitutionally protected protest and

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