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shrimpx
searching PlanetScale…
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421.
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shrimpx
4y ago
> there is a risk free alternative to stocks Really? 2.5% bonds in a 7% inflation environment is an attractive bargain? This part didn’t compute: > Bonds will be wrecked […] because it's actually a really good deal to buy bonds w
422.
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shrimpx
4y ago
You make good points. Some of these "illegal" states may be legal from some other perspective, or yet-unforeseen use cases.
423.
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shrimpx
4y ago
The article's most interesting point is that the vast majority of possible program (or object) states tend to be invalid. For example, `Person(isWalking=true, isAlive=false)` is nonsense, because there's an unexpressed constraint
424.
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shrimpx
4y ago
One thing's for sure: no matter what kind of downturn we're in, people become gripped by apocalyptic hysteria.
425.
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shrimpx
4y ago
What happens if you can't comply due to sheer difficulty? Like if your design simply does not allow you to target a specific user at a technical level. Are you forced to shut down your company or something?
426.
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shrimpx
4y ago
I guess my core question is: do they keep the cash in the house, or do they use cash just as a vehicle for the purchase, and then finance the cash out of it? Because there was a concurrent trend to refinance houses at 2% loans and put the c
427.
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shrimpx
4y ago
To expand on what a sibling comment suggested, the art world since the early 1900s has become defined by speculative trading, and some of those early artists were ultra-hyped, and their art has appreciated by millions-fold in the speculativ
428.
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shrimpx
4y ago
I’m super attracted to the idea of going back to client-only software with nothing (or minimal amounts of stuff) on the server. If you can make money with a model like that, it’s ideal. You host nothing, so you have nothing to lose sleep ov
429.
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shrimpx
4y ago
Can you elaborate?
430.
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shrimpx
4y ago
To add to your idea, social media shares a deep property with tobacco: people know it’s bad and keep consuming it. Part of the reason is soft social pressure: nobody wants to be the odd one out by quitting.
431.
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shrimpx
4y ago
There’s a contradiction in your analysis: you have no idea what will happen, yet make decisions guided by empirical analysis. You’re literally making a bet that the future is likely to behave in patterns according to the empirical analysis.
432.
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shrimpx
4y ago
As a rule of thumb, it's better to buy when the market's in the red than when it's doing well. As Warren Buffet said, "keep buying it through thick and thin, and especially through thin." (He was referring to an S&a
433.
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shrimpx
4y ago
It's probably a good time to get a job, because the stock package will be in terms of today's depressed stock prices.
434.
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shrimpx
4y ago
That definition is incomplete. It makes it sound like you have to be constantly moving funds around to time the market, vs "buy and hold". But you can certainly time the market using "buy and hold", by waiting for the ri
435.
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shrimpx
4y ago
The idea that you should treat VC money with the same level of frugality as as your own personal savings is preposterous. Sounds like a petty, inexperienced VC.
436.
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shrimpx
4y ago
“Don’t time the market” is stupid advice. The problem with that advice is that virtually every action you may or may not take is a form of timing the market. People going all in “now as opposed to later” are timing the market. Dollar cost
437.
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shrimpx
4y ago
The standard explanation is that the market tends to price in future gains, and Tesla is seen as having far greater growth and market domination potential than the other brands with small P/E.
438.
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shrimpx
4y ago
> All-cash is basically the new norm. It’s paradoxical that all-cash became the norm in a period where mortgage rates were at all time lows…
439.
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shrimpx
4y ago
And the only reason it’s $46 and not lower is that people are staying in the stock waiting for the Musk 15-20% payout. When it becomes clear that Musk isn’t buying Twitter, Twitter stock will implode instantly.
440.
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shrimpx
4y ago
Does this deal have a serious chance of going through? My estimate, based on the direction of Tesla stock, is this deal will not go through.
441.
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shrimpx
4y ago
I agree. I currently live in a small city where locals take a lot of pride in their families having been here for generations.
442.
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shrimpx
4y ago
I think if states become more heterogenous (and SCOTUS seems to be on that wavelength) the idea is "if you don't like the new laws, relocate". Which sounds great; more diversity of laws, more states that are likely to fit my
443.
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shrimpx
4y ago
The key concern with my phone is losing my 2FA access. I have backup codes, but leaving my phone and my backup codes at home is not great, in case something happens to my home. In general I try to maintain a sense of redundancy wrt my dat
444.
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shrimpx
4y ago
How, specifically, do you believe the USA will change its borders?
445.
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shrimpx
4y ago
I am hopeful, too.
446.
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shrimpx
4y ago
I always thought that the open ability to perform damaging speech against institutions and public figures in the west was “cool” — a major distinguishing factor between free countries and non-free ones. But I was also always a little skepti
447.
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shrimpx
5y ago
Right. Also, it takes a new eng hire N years to gain a working understanding of the small subset of code that their team produces.
448.
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shrimpx
5y ago
I don't understand the concept of open-sourcing "the algorithm". First of all, "the algorithm" is probably hundreds of thousands of lines of code, including all the tedious boilerplate like cache policies and multi-
449.
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shrimpx
5y ago
What’s the consequence for employees? People with 3 years left of vesting RSUs. Will those keep vesting somehow? Or they’ll get an upfront payout? And what’s my incentive to work for an established private company with no stock growth prosp
450.
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shrimpx
5y ago
Depends on your definition of “soon”. In a volatile market like the current one, tons of people sell stock in the short term despite believing the long term outlook is good. The simplest reason is to go into cash to avoid the worst of the d
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