patio11

33 ms·

271.
by patio11 7y ago
Many people want to be popular. Some want to be popular so much that they'll sacrifice essentially everything else to do so. Entire industries exist to divide a cake such that it allocates popularity to some portion of seekers and allo
272.
by patio11 7y ago
There’s a good documentary from early 80s about this, The Colonel Comes To Japan. You can find it at your local library or (with dubious copyright status) your local YouTube. The narrative in the documentary does not straightforwardly squar
273.
by patio11 7y ago
I'm constrained in my ability to talk about particular negotiations but, to the limited extent that HNers are taking direction from my life decisions, I'd advise you to assume that my negotiations do not frequently include "I
274.
by patio11 7y ago
I'm also quite thankful for HN, and the broader community ("software people"?), for helping me find something that I really enjoy doing and a community to be in the service of. Other than that: family is relatively happy and
275.
by patio11 7y ago
Can you rephrase this in terms of a positive claim about reality which is rigorous enough to be falsifiable? I'll falsify it for you. We are bullshitting about the incidence of criminality among the wealthy out of some crabs-pulling-
276.
by patio11 7y ago
Would you care to provide an estimate as to what percentage of people with $1+ million net worths are criminals? Order of magnitude is fine. 30%? 3%? 0.3%? 0.03%? Spoiler: dentists vastly outnumber criminals.
277.
by patio11 7y ago
"Integrated cash management" (a debit card, etc) is abundantly available from discount brokerages, and is systemically important to their businesses. Fidelity legally can't call it a checking account so they call it a Cash Ma
278.
by patio11 7y ago
How do people upvoting this imagine this would work? There are essentially two things you could buy, and they’re available independently: servicing rights (“You are responsible for talking to the homeowner and receiving checks then sending
279.
by patio11 7y ago
Logistically extremely challenging. A thing you can do, quite successfully, is say “I will offer you $20, in full satisfaction of this $200 debt and anything you are tacking onto that. Give me that in writing and you’ll get a check via co
280.
by patio11 7y ago
This is also far-too-frequently the market standard for translation of "substantially everything else", including for things where incorrect translation does not normally result in fun internet memes as the worst possible conseque
281.
by patio11 7y ago
I wonder if they can actually bust the trades here? That feels unlikely to me. (I don’t know enough about contractual remedies to speculate on whether they can just keep the money in the “flip lands in user’s favor” case.) Peanut gallery: “
282.
by patio11 7y ago
In the game of thrones, you 've got to keep your head above the parapet. If your head gets on one of the poles you're in a hole.
283.
by patio11 7y ago
Credit loss. Brokerages are exposed to a lot less of it than e.g. credit cards, because it isn't baked into the model in the same way (and, indeed, the opposite is baked into the model), but it has been known to happen. See the Interac
284.
by patio11 7y ago
The reply down thread to this one: https://news.ycombinator.com/item?id=21446225
285.
by patio11 7y ago
I didn't say it was impossible; I said that there was regulatory risk in doing it the way he was doing it. Reading his comment here does not decrease my confidence that I was correct. Is your model that no paperwork (reps & warrant
286.
by patio11 7y ago
I think that there is relatively little weighting to food science here and relatively high weighting towards technocratic administration, which predicts ( correctly ) that neither Krispy Kreme franchisees nor donut couriers have done a risk
287.
by patio11 7y ago
How in the hell would Krispy Kreme be responsible for this guy reselling doughnuts? Their agent, the franchisee, has actual knowledge of his intent for the 100 boxes of donuts he routinely buys. Now that they know that, they can't un
288.
by patio11 7y ago
Smart managers would run it by equally smart lawyers and regulatory partners, who would patiently and in no uncertain terms explain that compliant operation of this business has a playbook, that "college kid with an unrefrigerated unco
289.
by patio11 7y ago
A few years ago; two kids and one very demanding day job have been keeping me busy. Hoping to resurrect it at some point.
290.
by patio11 7y ago
There were a lot of people who could claim hipster cred on the TinyLetter boom, because they’re talking mostly about when a community / use case decided to use email as a platform. Email was so obviously the most effective way to sell
291.
by patio11 7y ago
Debatable whether the feds would go after the competing stablecoins, but depending on the logic for the prosecutions/seizures, there are outcomes where they're economically inviable. e.g. If Tether gets shut down because of fraudu
292.
by patio11 7y ago
As explained in the post, you have to bite off very high levels of counterparty risk to short. Cryptocurrency exchanges die in something like 20% of exchange-years, and your estimate of an exchange dying _contingent on me being right_ shoul
293.
by patio11 7y ago
I'd be interested if you think there's anywhere I make a strong claim without appropriately strong evidence. There are a lot of strong claims, but I'm justifiably confident of them. Many of them are cited inline.
294.
by patio11 7y ago
Movie dialogue is scored on being interesting but there are a lot of interesting responses to Congressional inquiry, including interesting and true responses, which pessimize for your tactical or strategic goals. They also plausibly p
295.
by patio11 7y ago
If you want to monte carlo it, https://gist.github.com/patio11/546c64c927c749c69964b18527fa... ; feel free to adjust the constants upwards and/or do a chi squared test after doing so. It didn't sound plausibl
296.
by patio11 7y ago
Yes. For years I used a trivial brainpower challenge to prevent automated scrapers from getting it ("My first name @kalzumeus.com"), but I added the actual string last year and have no perceptible increase in spam as a result net
297.
by patio11 7y ago
Offered in the spirit of "don't believe everything you hear": I went into university and graduated during the post-bust winter. The few adults I knew, plus the Wall Street Journal, were unanimous in their opinion that enginee
298.
by patio11 7y ago
Among other reasons to architect it this way, having the client (web browser) connect to each analytics provider directly pushes the work to the least reliable, most network-constrained, and least manageable node in the network. Segment let
299.
by patio11 7y ago
One of the wonderful things about the Internet: if you don't want to pay Amazon 30% there is a universe of people out there you can sell to for 3~5% or so through your own web presence. You just have to go get them.
300.
by patio11 7y ago
That's genius.

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