pg314

66 ms·

271.
by pg314 10y ago
According to this Infowars article [1] (not the most unbiased source, but if they fudge their numbers I would expect them to exagerate) there were 11 murders in Malmø in 2016. For a city of almost 300,000 people that is about 3.7 murders pe
272.
by pg314 10y ago
> If you make cars then economic recessions are scary because new car sales will drop like a brick, and you need to hedge. That sounds like a dubious claim to me. Can you name one car maker who hedges their exposure to economic recession
273.
by pg314 10y ago
True. Thanks for pointing that out. I think they probably should be putting the emphasis in their marketing on the fault tolerance i.s.o. the performance.
274.
by pg314 10y ago
An owner (Buffett) that understands the insurance business goes a long way. There is less pressure than in a public company to do business even when the appropriate premiums can't be obtained (see p. 10). Having a very large and sound
275.
by pg314 10y ago
Nonsense. Futures and options and how to use them to hedge exchange rate risks are covered in any good masters in finance (source: I have a masters in finance). You don't even need any advanced math (the ancient Greeks were using optio
276.
by pg314 10y ago
Buffett, as an active investor, can outperform the market, while active investors as an aggregate might not. I fail to see any ludicrousness. > Buffett Annual Report is a long form sales letter to persuade people to buy more Berkshire sh
277.
by pg314 10y ago
No, he isn't reading it incorrectly. Buffett is claiming that on aggregate, because of the fees, the passive investors will be better off than the active investors. From page 23: A lot of very smart people set out to do better than
278.
by pg314 10y ago
> if a hedge fund is actually worth investing in (and there are quite a few) Apparently it is hard to come up with a collection of 5 of them that would beat the S&P 500 over 10 years. At least Buffett had a hard time finding counterp
279.
by pg314 10y ago
Most hedge funds have very little to do with the kind of hedging you describe. If you had that kind of exposure to currency risks, you wouldn't go to a hedge fund. You can easily hedge that risk yourself with futures or options. If you
280.
by pg314 10y ago
Like others have commented, those numbers seem to be too high for writes. On the other hand, the Fauna numbers don't seem that impressive to me. On a mid-2011 Macbook Air, I get 2600 transactions per second (read-committed) in PostgreS
281.
by pg314 10y ago
People store all kinds of binary data in git, not just source files. E.g. images or PDF files with specs or documentation.
282.
by pg314 10y ago
There are fringe wackos on both sides, but only one of the sides had a fringe wacko as a candidate.
283.
by pg314 10y ago
There were calls, yes. But he is still a part-time YC partner and on Facebook's board.
284.
by pg314 10y ago
Many frameworks have had and probably still have bugs in their CSRF handling. E.g. a quick scan on the Django security issues [1] shows 5 issues involving CSRF, the latest one in September 2016. [1] https://docs.djangoproject.com
285.
by pg314 10y ago
I'm not sure I agree with your premise that Russia was only involved to undermine the legitimacy of the election. Do you think Russia didn't care which candidate won? That they don't prefer Trump (who has links with and has m
286.
by pg314 10y ago
> In order to statically compile a very highly dynamic language, you really do need to do some static analysis to eliminate some of the dynamism. Or you can require the user to add type annotations, if/when he wants fast code. In SB
287.
by pg314 10y ago
If you haven't already, you might be interested in 'The Art of the Metaobject Protocol' [1]. It takes you step by step through the design of a highly dynamic, yet still efficient design of an object system for Common Lisp and
288.
by pg314 10y ago
If the long-run real returns are zero, they will also be zero with leverage (assuming you can borrow at a zero real intrest rate). Leverage is only an advantage if your return is higher than your cost of borrowing.
289.
by pg314 10y ago
Sure. And taxes complicate the situation further (lots of countries have tax incentives for home owners). But as a homeowner you're on the hook for maintenance and repairs. You're also a lot less flexible: when you rent, it is eas
290.
by pg314 10y ago
It is a bit more nuanced than that. Buying a house is a highly leveraged (if you have a mortgage), undiversified and relatively illiquid investment. House prices have indeed gone up, but there is no guarantee that they will continue to clim
291.
by pg314 10y ago
It's not your neighbor that engages in activities. It are random strangers with minimal vetting that will be gone the next day. Are you unable to see the difference and how that might affect you?
292.
by pg314 10y ago
> a matter of selling out to advertisers and being bought by rich individuals or corporations. Can you expand on that? I see the decline in circulation and eroding of their ad and classified income as the principal culprit. I haven'
293.
by pg314 10y ago
> Yes. In Greece I can sue you over that. If that's worth my time or not is a different issue, but if I can somehow prove it, you're in trouble and I can ask for restitution for the psychological effect it had on me. Interestin
294.
by pg314 10y ago
If I call you an idiot, is that insult covered by the law? Which law? Which jurisdiction? How will you find out about my identity? How will you enforce any potential judgment if I'm in Somalia? How much time and money will it cost you
295.
by pg314 10y ago
> Laws already cover all that. No they don't. There is no law that requires you to be civil. Quite the opposite, the US has very strong free speech laws.
296.
by pg314 10y ago
> Get rich != become a banker. The article doesn't say that. The passage I quoted doesn't say that either.
297.
by pg314 10y ago
From the article: Few engineers, nurses or pharmacists make it to the top 1%, which is dominated by bankers and other financiers. Do you think the statement in the article is wrong? Based on what? Do you think a college degree is irreleva
298.
by pg314 10y ago
> From the site I linked to above (which incidentally is the site [1] you linked to in your post). It includes re-invested dividends and also taxes, which were significantly higher in the late 70's and early 80's compared to wh
299.
by pg314 10y ago
> $40,000,000 (Trump's share of his father's fortune) invested in the market in 1974 would be worth $1.22 billion in 2015 (when he announced his campaign). How did you get that number? Did you include re-invested dividends? If
300.
by pg314 10y ago
Mobile phone penetration is at 80% in the US. The surveillance potential of mobile phones is bigger than of self driving cars, in my opinion: most mobile phone users have their phone with them every waking minute. That doesn't mean tha

More ›