peterbonney

13 ms·

91.
by peterbonney 9y ago
When Alan Mulally took the reins at Ford, he famously kept driving his Lexus at first [1]. It delivered a message - maybe not one that Ford employees wanted to hear, but probably one they needed to hear. Of course Linux devs aren't
92.
by peterbonney 9y ago
If we would all just agree to set our tab width to 1 space then we could live in harmony...
93.
by peterbonney 9y ago
Tabs are only better for compatibility if you know that no one who touches the code will ever use spaces.
94.
by peterbonney 9y ago
Tabs fail when my IDE is set to convert tabs to spaces and yours isn't.
95.
by peterbonney 9y ago
^^^ Exactly. Using tabs is a decent (albeit not perfect) indicator that you've never worked under source control on a large dev team with diverse working habits.
96.
by peterbonney 9y ago
> Active consent is a good thing and always good to bring up at social events. Pretending that some staff don't have sex with other - particularly staff who spend long hours in the same environment - is naive and dangerous, since it
97.
by peterbonney 10y ago
Skewness alone can't explain it, either. Imagine there are 100 stocks of equal weight in the index, and that 99 are going to underperform over the next year with only 1 outperforming. If there are 1,000,000 managers (with equal capital
98.
by peterbonney 10y ago
> isn't there supposed to be a consensus way that the market prices risk, on average? Consensus on the price of risk, yes. Consensus on risk preferences, no. :) I.e. two people can agree that a one year US Treasury Bill paying 0.50%
99.
by peterbonney 10y ago
> However, the interesting thing here is that Tesla has become more 'valuable' than Ford, for this definition of value. I think it's a very tortured definition of "value", though... I don't have a Bloomberg
100.
by peterbonney 10y ago
> It seems strange to ignore the terms agreed to when raising money. I'm not sure what you mean by this - can you clarify? > A company that raises money via loans typically has more obligations than one that raises money via equi
101.
by peterbonney 10y ago
> EV, for example, is susceptible to distortion between leasing and buying capital assets. Yes, this is an excellent point. The next-level thing to do when modeling companies that make extensive use of operating leases for capital assets
102.
by peterbonney 10y ago
> You're insisting that debt is another form of investment, and depending on what you're looking at that makes sense, but when talking about 'value' it doesn't always hold true. This sort of intuition is seductiv
103.
by peterbonney 10y ago
Sure! Think about two companies that just started up in the widget business, each raising $1 million of capital. Company A issued $1 million worth of equity. Company B issued $500,000 worth of equity and borrowed $500,000. Which company is
104.
by peterbonney 10y ago
Former finance professional here: Ford is actually worth 3 times as much as Tesla, once you factor in debt. The total value of the Ford capital structure ("enterprise value") is about 150 billion. When two companies have wildly di
105.
by peterbonney 10y ago
TL;DR summary: Old appliances must have been better because some old appliances still exist and the author doesn't understand selection bias.
106.
by peterbonney 10y ago
As I said above, if you are constrained to run on a machine without a supported GPU then every little bit helps.
107.
by peterbonney 10y ago
For those of us waiting on OpenCL support because we don't have an Nvidia GPU, CPU will have to do for now.
108.
by peterbonney 10y ago
I disagree - I think you are well-served to compile on your own unless you know you don't need it, e.g. if you are just trying it out to learn how it works. The standard build uses a "least common denominator" Intel instruc
109.
by peterbonney 10y ago
Point of clarification: Bloomberg does not require special hardware to use, though they do offer special hardware that integrates well with the software. At the time I left finance, I used a regular off-the-shelf PC with Dell monitors a
110.
by peterbonney 10y ago
Exactly. Two people can face at the same choice with the same facts and same assumptions and come to different conclusions because of their individual risk preferences. Neither is necessarily wrong.
111.
by peterbonney 10y ago
Take that , strawman! Seriously, nobody "eschews profit for potential". If I give you the choice between a dollar today and two dollars tomorrow, you aren't "eschewing profit" if you choose the latter: you are weig
112.
by peterbonney 10y ago
Since before email? Cold calls, catalogs in the mail, coupons, promotions... the medium changes, the sales principles do not.
113.
by peterbonney 10y ago
Fair point.
114.
by peterbonney 10y ago
Nor should there be a consensus. Back-end use cases are far more diverse than front-end use cases. Front-end frameworks should never prescribe the rest of your stack, IMHO.
115.
by peterbonney 10y ago
Yes. But it's one thing to question whether the chicken soup your mother made used canned or homemade stock. It's quite another to question whether she ever actually made chicken soup when you were sick, and then repeat that for t
116.
by peterbonney 10y ago
This is obviously refuted by the fact that Chinese ex-pats associated with the KMT in Taiwan (i.e. the very people who fled Mao) have been practicing "traditional Chinese Medicine" to varying degrees since their pre-Mao childhoods
117.
by peterbonney 10y ago
We're using Elixir for the back-end of our web application, and so far I'm very happy with it. Probably the biggest issue we have with Elixir right now is libraries, but it's a more subtle problem than "there isn't
118.
by peterbonney 10y ago
I love Prince. Prince was maddeningly talented, shockingly prolific, and produced an amazing and wildly underrated (still!) opus over his career. Prince will be remembered as one of the most important pop musicians in history. Yet there is
119.
by peterbonney 10y ago
This is ridiculous analysis. If Uber loses (or wins) this DMV "permission" battle they don't magically win the "existence" battle. The state never forfeits its right to challenge whatever it wants to challenge, when
120.
by peterbonney 10y ago
Yes, I agree - if the existing sales staff can increase the ARR by another $50M (which is plausible given the prior increase of $50M) while holding all other costs fixed then they will reach profitability. My point is that "holding all

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