rufus_foreman

20 ms·

301.
by rufus_foreman 2y ago
The stock market falls by 10% or more on average every 1.2 years: https://www.covenantwealthadvisors.com/post/understanding-st... . There were 5 such drops in 2020, 4 in 2022, and 1 in 2023. Somehow, the nation avoided
302.
by rufus_foreman 2y ago
"But stock comes from inside the firm. Amazon makes new Amazon shares by typing zeroes into a spreadsheet. They don't have to convince you to buy anything in order to issue that new stock. That is their call, and their call alone.
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by rufus_foreman 2y ago
>> I know "fairness" is a virtue we teach to children, but honestly there is nothing fair about any part of life My parents did not teach me that fairness was a virtue. They taught me that "life's not fair". W
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by rufus_foreman 2y ago
The Scorsese movie "The Departed" is both a remake of a film made in Hong Kong ("Infernal Affairs") and a semi-realistic depiction of the Boston Winter Hill Gang led by Bulger.
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by rufus_foreman 2y ago
It's not just withdrawing money. Walk into a bank and try to deposit a check for $200,000 into your checking account that typically never has more than $2,000 in it and you will likely get some attention.
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by rufus_foreman 2y ago
The fascists that want to reduce the size of the federal government? Those fascists?
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by rufus_foreman 2y ago
So tell me, how do you start a business in the US? If you have Transportation, Justice, Labor, Interior, and Agriculture departments, as well as the National Labor Relations Board, EEOC, EPA, SEC, FCC, FTC to answer to, how do you do it? Ho
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by rufus_foreman 2y ago
This is hilarious where people get to the point that they will defend junk mail because it suits their political purposes. Junk mail is bad. Full stop.
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by rufus_foreman 2y ago
>> I just stated the obvious No, you did way worse that that.
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by rufus_foreman 2y ago
OK. If I'm not making an argument then we both agree that my argument is not that because things were really bad in 1905 we shouldn't complain that after many decades of progress. Thanks for agreeing with me, kubb.
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by rufus_foreman 2y ago
>> I was taught that if you worked hard and kept your head down, you could have a comfortable life I didn't even work that hard and I have a comfortable life. I learned to code, and that was it. Your mileage may vary. If you move
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by rufus_foreman 2y ago
Piketty’s argument was not just that income inequality would increase, but that it would increase because the return on capital is greater than the growth rate of the economy, so, in his words, "It is almost inevitable that inherited w
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by rufus_foreman 2y ago
>> Is your argument really that because things were really bad in 1905 we shouldn't complain... No that is not my argument really.
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by rufus_foreman 2y ago
>> Your point is not a refutation "there are fewer than 1,000 billionaires and the vast majority of them are self-made" That's a refutation, Piketty made assertions not just about the outcome, but about the process by w
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by rufus_foreman 2y ago
Thanks for that correction.
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by rufus_foreman 2y ago
No love for Pig Champion on Hacker News? One of the great guitarists of all time. If there are any fans of the band here, Jerry A wrote a 3 part autobiography, Black Heart Fades Blue, that might be interesting to you. He's hinted in at
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by rufus_foreman 2y ago
The problems with Piketty's arguments are addressed in the article: "if America’s rich families in 1900 had invested passively in the stockmarket, spent 2% of their wealth each year and had the usual number of children, there woul
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by rufus_foreman 2y ago
AOC needs to read "The Jungle" by Upton Sinclair. There is nothing new under the sun.
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by rufus_foreman 2y ago
If that's your worst investment, you're doing great. I bought stock in HashiCorp. I also bought stock in EBET, for a return of -100.00%.
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by rufus_foreman 2y ago
"Hell of a damn grave. Wish it were mine." -Gene Hackman in The Royal Tenenbaums
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by rufus_foreman 2y ago
>> Though you can get 2.375% on 30-year TIPS 30 years? The author of the article is 47 years old, and his wife is 43. What happens if they live to be 80?
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by rufus_foreman 2y ago
>> Isn't this why we declared independence in the first place? To get away from the British restricting free trade? No. I'm not sure where you got that idea. If you look at something like the Boston Tea Party, it wasn't
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by rufus_foreman 2y ago
How were you able to do that? You can still download to USB but that is going away. I'm not aware of any way to convert the files on a recent Kindle to epub, does that exist?
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by rufus_foreman 2y ago
>> DOGE is not a legal entity that has any authority to do what it is trying to do 100% false. DOGE is a legal entity that has authority to do what it is trying to do. Specifically, DOGE is the Department of Government Efficiency, whi
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by rufus_foreman 2y ago
I have two white noise machines, have them in stereo, one on each side of the bed. It's useful to be able to adjust them separately, I've got tinnitus in one ear more than the other so don't need it to be as loud on that side
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by rufus_foreman 2y ago
>> Is it an actual government agency? Yes. In 2014, after the disastrous rollout of the Healthcare.gov site, President Obama created the "United States Digital Service" (USDS). Its stated mission was to modernize technology
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by rufus_foreman 2y ago
We never stacked cups, I'm too old for that, I barely know what that is. We just had that fucking parachute. And that awful chicken fat song.
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by rufus_foreman 2y ago
>> Before, we browsed recipe online or watch them on youtube. Now, we just ask ChatGPT. This is my new favorite meme template.
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by rufus_foreman 2y ago
To put that in context, when my grandparents were born, a typical family had around four children, and one in four children did not live to the age of five. It is sort of crazy to think of what it would be like to grow up in that world.
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by rufus_foreman 2y ago
>> LETTUCE is deadlier then undercooked meat Underbleached lettuce.

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