oillio

8 ms·

31.
by oillio 6y ago
Judging by the stock market performance, this is a perfect time to IPO. It may end in tears like a 2000 IPO, but tech is so hot right now. For example, look at recent public offerings like DKNG and NKLA
32.
by oillio 6y ago
Also look into the banana industry. It is absurd the price that has been paid to make bananas as cheap as they are in the grocery store.
33.
by oillio 6y ago
The bust doesn't change the demand at the market. The producers will provide as much as the market demands, taking into account the expected losses along the supply chain (losses such as confiscation). This only increases the cost of
34.
by oillio 6y ago
A nature article with 7 references from medical journals scientific enough for you? https://www.nature.com/articles/d41586-020-01403-8 It is still too early for conclusive statements. However, it looks like there is m
35.
by oillio 6y ago
There has been reports of blood related complications with COVID infections; inflammation and blood clots. Anecdotal, but here is one case: https://www.scmp.com/news/world/europe/article/3091949/cor
36.
by oillio 6y ago
> plus a 30% cut for doing nothing It's not nothing. Maybe not worth 30% but it is worth something. They run the store, buy the servers and pay for the bandwidth. Pay the engineers to develop and manage the infrastructure. Run t
37.
by oillio 6y ago
Apple has control of the iOS App market. It is a pretty large barrier for a customer need to switch platforms to get an app that Apple has denied access. I am not a lawyer, but that sure smells like the potential for monopolistic control.
38.
by oillio 6y ago
The lender can't foreclose if the house loses value. You have to stop making payments before they are allowed to take the collateral. In contrast, if you buy stocks on margin, they will forcibly sell your position if the value of the c
39.
by oillio 6y ago
Won't be valued, or won't exist? The way automation is going, in 60 years your trash will take itself out.
40.
by oillio 6y ago
Yeah, SV had a lot of factors that needed to be just right for it to be successful. But we only need one SV. Once the model is proved out, it will naturally spread the seeds of startup culture to other cities. Like VC's drifting in t
41.
by oillio 6y ago
You would be surprised as to how creative the repo man can get ;)
42.
by oillio 6y ago
The pre-industrial world was a very different place than where we live now. Back then, technology and information gave you a massive advantage. Nowadays information moves relatively freely. Also, there were some extenuating circumstances.
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by oillio 6y ago
Alternative answer: America's geography makes all the important things easy, leaving us the resources to take risks and innovate. We have some of the best farmland in the world. With a river system to feed it water and easily transpor
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by oillio 7y ago
Almost all insurance policies specifically exclude pandemics. This tragedy won't hit insurance companies directly much at all.
45.
by oillio 7y ago
It would be nice if the real world was as rational as this. However, this is America. We always find someone to pay.
46.
by oillio 7y ago
If you have that large of a stock, you could corner the market. Undercut the competition slowly, until they all go bust. Once the mining infrastructure is left in ruin, raise prices to whatever you want. It will take a while for the comp
47.
by oillio 7y ago
After a while living in an echo chamber of yes-men, you start to believe your own bullshit. Also, valuations are so nebulous and ungrounded in reality at this point. Who is to say what anything is worth. You put something out there and so
48.
by oillio 7y ago
That defeats the point of the exercise. The fact that the information could be damaging is what makes it powerful.
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Progress in adaptive metalens tech at Harvard lab(news.harvard.edu)
1 points by oillio 7y ago|0 comments
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by oillio 8y ago
Are you sure we are not currently in a “severe bubble characterized by corruption and negligence?” I think I could argue both sides pretty convincingly. It is easy to see in hindsight, not so easy in the thick of it.
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by oillio 8y ago
Sector rotation is a pretty popular strategy. The manager stays fully invested, but they move the investment to different sectors, trying to time which sectors will be hotter than others. Just one example of a way to stay fully invested wh
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by oillio 8y ago
The mechanism by which you default on a loan is bankruptcy. If you can't discharge a loan in bankruptcy, you can't default on it. Some people never make enough money to pay it off, after which the government will pay the loan off
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by oillio 8y ago
I am sure the cell carriers would have been excited to charge a very hefty premium for that service, if anyone bothered to use it.
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by oillio 8y ago
Bitcoin currently has almost 4% inflation per year of its token count and it has been higher in the past. While this will go down over time, I don't think you can blame any existing issues with the economics of Bitcoin on its long ter
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by oillio 8y ago
The article takes tax deduction into account in the calculations. It also discusses most of the other things you mention as well
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by oillio 8y ago
So people can't sneak up on you. It is subtile, but psychologically draining to have people constantly come up to you and interact with you from behind.
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by oillio 8y ago
All the nodes have all the transactions (roughly). When you say the winning node puts "its" transactions in the block, that is really the transactions that it is currently aware of, and that fit in the block. All the losing nodes
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by oillio 9y ago
Maybe it does, if he works at Boeing. The reason we have all these advances that increase our quality of life is because generations have worked their ass off to build them
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by oillio 9y ago
If you like this post, the rest of the blog is really good: https://mfbt.ca A lot of insightful gems on how to be better at leading in tech. Also, their new book: https://www.amazon.com/dp/0995964300
60.
by oillio 9y ago
Ever heard the rumor that nearly every $20 bill in circulation has detectible residual cocaine on it? In other worlds, the probability that a bill has been involved in a drug deal approaches 1 over increasing timespans. Interesting anecdote

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