pyrrhotech

41 ms·

391.
by pyrrhotech 13y ago
I agree with you, I just don't think it's fair that these assholes on wall street can make 4 million dollar bonuses at age 30 for getting lucky with gambling other people's money. I think it's great for everyone to have
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by pyrrhotech 13y ago
I really love the design and color scheme of the Atlassian website.
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by pyrrhotech 13y ago
Any time I start looking through the source code of one of these games, I wonder how I get paid in the same realm (sometimes even more) as a meager UI developer than these guys doing "real" engineering. Makes me feel dumb, but al
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by pyrrhotech 13y ago
The truth is that the world needs a lot more software engineers than computer scientists. Yes, there are a lot of hard problems that are best solved by government or academic research, but there is a lot more software eating the world. An
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by pyrrhotech 13y ago
what startups are offering $250k salaries fresh out of college? In fact, what companies are offering $250k salaries to any engineers?
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by pyrrhotech 13y ago
I agree with the general sentiment. However, many studies have shown that selling slightly in the money, at the money or slightly out of the money puts on the S&P 500 actually beats it's returns over the long run. This is because
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by pyrrhotech 13y ago
I think you missed "selfishly motivated". Not all societies place emphasis on the individual. Those that do move towards capitalism; those that don't move toward communism. Obviously there are many shades of each, but indi
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by pyrrhotech 13y ago
Actually capitalism has no point. It's just the natural system free and selfishly motivated societies develop overtime--it needs regulation to ensure that the utility produced is allocated towards the common good
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by pyrrhotech 13y ago
I thought all modern web/mobile apps were architected this way? Is this novel information?
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by pyrrhotech 13y ago
The theory is that since they have high gross margin they are only losing money while they ramp up to scale. In some time in the near future, they should employ economies of scale to have decent operating margins. Selling dollars for 90 ce
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by pyrrhotech 13y ago
The VC industry is largely a scam. VC funds underperform passive investment in the S&P 500, and greatly underperform similar risk asset classes such as the Russel 2000.
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by pyrrhotech 13y ago
Blame bubble Ben. QE is 90% of the issue here. The market is addicted now. Great recession 2.0 will probably hit next fall
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by pyrrhotech 13y ago
tech stocks with no profits selling at 15-40x sales are a complete crapshoot. might as well go to the casino
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by pyrrhotech 13y ago
Good buying opportunity here
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by pyrrhotech 13y ago
Roommates or live in the east bay. Or a tiny space on the peninsula. Those are the only financially responsible choices. Personally I own a house in Hayward I bought for $340k and have a roommate. My direct housing costs are about $1100
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by pyrrhotech 13y ago
This too. Another reason I am for financial independence
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by pyrrhotech 13y ago
I agree, I'd actually much prefer 30 or 35 to 40-50, but our society isn't set up well for that. There are tons of employers who will pay you market rate for normal effort --- normal being defined as 40-50 hours/week of dili
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by pyrrhotech 13y ago
My comment was mostly targeted to young silicon valley engineers with big salaries but often pushed to work long hours and feel uncomfortable but don't know how to stand up for themselves. However, I don't think anyone should be c
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by pyrrhotech 13y ago
Great article. More people need to stand up to their bosses when long hours are requested day in and day out. I had a chat with my boss just the other day after I was forced to work all weekend. I told him, if it happens again, I'm
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by pyrrhotech 13y ago
or the 900 calls last night
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by pyrrhotech 13y ago
Man, shit like this makes me feel dumb. How does this work?
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by pyrrhotech 13y ago
that's right. Tesla is one of the only stocks I see that could break the trillion dollar market cap in real terms from here. They will benefit hugely from the massive economic change that is about to take off over the next 20 years.
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by pyrrhotech 13y ago
Not overvalued at all. Sure it's shot up a lot recently, and very well may fall some in the next year or two. But if you look at companies the right way, with a long-term perspective, you have a potential 50-bagger at current levels
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by pyrrhotech 13y ago
yea, but you still need $360k or so to be able to withdraw $1200/month forever without worry. That's still a decent chunk of change. I guess you can save it in 5 years, but if you don't like working those 5 years will be he