smabie

94 ms·

541.
by smabie 5y ago
I think for a lot of (white collar) people, the last year and a half of covid has been the most lucrative time of their entire lives. Crazy returns across all asset classes.
542.
by smabie 5y ago
Yeah it really depends on the asset class. A buddy of mine runs a small LS equity fund and it's been hard for him to grow his aum, even though he's been producing at least 5% alpha annualized for over 5 years. On the other end of
543.
by smabie 5y ago
Sure, there's a higher risk profile but also the payoff can be absolutely staggering. Moreover the risks aren't evenly distributed: crypto isn't a homogenous space. The risk isn't for everyone, but those that are intimat
544.
by smabie 5y ago
I mean you could say the same things about any sort of investment that isn't risk-free (which is basically all investments that earn a return nowadays). I don't see anything fundamentally different about crypto than any other asse
545.
by smabie 5y ago
I mean not really? There's plenty of firms who are trading crypto at this point. A lot of tradfi firms have entered the space as well.
546.
by smabie 5y ago
some red flag: 1. if you're making 600% annualized you don't take outside investors, you prop trade for your own account. 2. He's very young and didn't have any trading pedigree: normally you would expect someone like th
547.
by smabie 5y ago
According to India maybe? Almost everyone would call dolphins "animals"
548.
by smabie 5y ago
it's ok I'm sure their friends will show them soon enough
549.
by smabie 5y ago
I used to smoke once a day at night after work but ended up stopping for the same reason: weed makes you dumb. I do smoke for social occasions and enjoy it, but even when just smoking occasionally I can definitely feel the negative mental e
550.
by smabie 5y ago
Western countries don't have enough kids and strong enough family units (a bunch of relatives living in close proximity say), for this to work. I'm an only child and there's just no way I could have my parents live with me if
551.
by smabie 5y ago
Would you rather she give birth on her own?
552.
by smabie 5y ago
No closures is one of the biggest pain points of k/q, it's incredibly limiting and frustrating. Besides that though, it's a wonderful language which allows you to solve problems very quickly with pretty good performance, as
553.
by smabie 5y ago
It costs an arm and a leg. I think Kx systems fucked up in making the language proprietary and closed source and charging for licenses. The smarter long-term play would have been to charge for support/special features/etc ala juli
554.
by smabie 5y ago
So what's the problem with the post? Are you saying he shouldn't be spending his time writing it?
555.
by smabie 5y ago
Uhh? You want to basically kill the company pending investigation? Who does that help?
556.
by smabie 5y ago
I mean tons of people say stuff like this but is it actually true? It's incredible how almost everyone just looks the other way, even when people's lives are in danger. I certainly wouldn't go up to random dude in a bar and t
557.
by smabie 5y ago
I was thinking more along the lines of paying other tenants to buy beer and then I'd sell at a premium to those who want more than 6 a day.
558.
by smabie 5y ago
Yeah there's money to be made here!
559.
by smabie 5y ago
Of course they were trying to minimize taxes, just like everyone else, individuals and corporations alike. In this case it didn't work, but I don't see any parallels with stealing.
560.
by smabie 5y ago
I smoke and it's likely I'm smarter than you (somewhat in jest) But seriously, your attitude is myopic and rotten.
561.
by smabie 5y ago
I mean you have a choice where to buy "reader apps" as well.
562.
by smabie 5y ago
What's wrong with the optics? I think their choice to not try and associate their company name with covid is... probably smart?
563.
by smabie 5y ago
What does being bailed out have to do with calling something by a certain name? How are they related?
564.
by smabie 5y ago
Where do houses come from then?
565.
by smabie 5y ago
fentanyl/heroin
566.
by smabie 5y ago
juicero didn't end so well...
567.
by smabie 5y ago
A houle with a hole?
568.
by smabie 5y ago
Alternatively, maybe some people just disagree?
569.
by smabie 5y ago
I'd probably tip anyways. I like tiping and most of friends agree that they want to be able to tip.
570.
by smabie 5y ago
Well then I'll be the first. Let's just kill them, they're annoying.

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