tfehring

69 ms·

751.
by tfehring 8y ago
It looks like Amazon's migrating away from Oracle pretty aggressively, however. https://www.cnbc.com/2018/08/01/amazon-plans-to-move-off-ora...
752.
by tfehring 8y ago
The FT had a couple of great podcasts last year ([0], [1]) that discussed the economic and fiscal impacts of immigration. I don't remember all of the details, but the key points were, to the best of my recollection: * Highly skilled&#x
753.
by tfehring 8y ago
At least at my company, the vast majority of bullets 1 and 2 is automated already. Financial information is calculated and fed to the financial statements automatically every reporting period, all of the recurring analysis supporting those
754.
by tfehring 8y ago
$120k-$150k is the norm for new fellows in my area. People typically reach that level around 5-7 years of experience nowadays. If you can't or don't want to manage people, your salary probably won't get much higher than that,
755.
by tfehring 8y ago
The day-to-day is basically a combination of: * Moving data around - mostly using Excel + SQL, though R is growing in popularity * Using that data to calculate figures that are significant to the business - including premiums, IRRs, profit
756.
by tfehring 8y ago
I'm also an actuary, and I agree with all of this. I personally had a better experience with my undergraduate coursework thanks to a flexible program - I took no exam prep courses and close to 30 credits' worth of CS courses - but
757.
by tfehring 8y ago
>It sounds like, once you finish the first several actuarial exams, you are pretty much set. Typically you need ~3 exams to get a job in the field. Then it's a total of 7 exams for associateship and 10 for fellowship (for candidates
758.
by tfehring 8y ago
Thanks for posting this - much more informative than the originally posted article. Khan seems to be arguing that Amazon has two types of monopoly power - horizontal monopoly power in specific sectors, e.g. books, and vertical monopoly powe
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by tfehring 8y ago
R's functionality for cleaning, reshaping, and otherwise manipulating data is also far ahead of all other languages I've tried, including Python. (As far as I'm aware, Python's current data manipulation functionality is
760.
by tfehring 8y ago
Will recipients need to treat these outlays as taxable income? If so, it’s worth bearing in mind that many of the eligible people will face a very high marginal tax rate [0] if they lose access to government problems as a result, especially
761.
by tfehring 8y ago
Still anecdotal, but I’ve personally done roofing (for a portion of a summer) and worked in a warehouse (for a year and a half including 2 full summers). Roofing was worse, but not by that wide of a margin - just in terms of physical exhaus
762.
by tfehring 8y ago
In the US, there's a ton of variation between states. Related reading: http://realworlddivorce.com
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by tfehring 8y ago
> As I understand it, the entire concept of insurance is based around gathering relatively large groups of people with a solid understanding of their average risks for certain types of loss. Given the averages hold accurate over time, th
764.
by tfehring 8y ago
Looks like microwave popcorn bags still contained high levels of PFOA as of 2006, though I wasn't able to find a more recent reliable source. "Consumption of just 10 bags of microwave popcorn a year could contribute about 20% of t
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One Key, Many Notes: Ólafur Arnalds' Piano Rig Fuses Technology and Musicality(npr.org)
2 points by tfehring 8y ago|0 comments
766.
by tfehring 8y ago
The OP only mentions misleading investors, and my impression from the OP is that the clients themselves are getting the consulting services that they're being sold on.
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by tfehring 8y ago
Unsubstantive != unsubstantiated. This context and evidence should have been included in your first comment.
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by tfehring 8y ago
Better yet, tax wealth instead of income. The value derived from government services is more closely proportional to wealth than to income, and income-based taxation is inherently regressive compared to wealth-based taxation. The only signi
769.
by tfehring 8y ago
I completely agree - my point is that the posted article’s metrics aren’t effective at illustrating these points. It would be more meaningful to look at, say, the share of productivity gains that has flowed to capital as opposed to labor (~
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by tfehring 8y ago
As a partial rebuttal to the article’s points about income inequality, it seems worthwhile to quote one of PG’s better-known essays [0]: > Variation in wealth can be a sign of variation in productivity. (In a society of one, they're
771.
by tfehring 8y ago
Makes sense. > Used versions of the iPhone 5 seem to be going for under $100 on eBay. Even assuming a discount for new vs used, that would mean you value the iPhone 5 about $200-300 more than a typical eBay buyer. An iPhone 5 purchased
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by tfehring 8y ago
I'd probably be willing to pay more than 41% (the 16%/year discount taken from your article, compounded for 6 years) but less than 100%, which implies that your conclusion overstates the value (to me in particular) of quality impr
773.
by tfehring 8y ago
One thing to keep in mind: It's easy to think of stagnant wage levels as implying that everyone is working the same jobs and getting 2% nominal raises per year. Another possibility is that a subset of the population is seeing real wage
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by tfehring 8y ago
> It's certainly not cheaper, for developers, to build highrise aparments in the city than upscale tract homes on tiny lots in an exurb. Why's that? At the margin, at least, it seems unlikely that this is the case - it's
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by tfehring 8y ago
It's probably cheaper and certainly more environmentally friendly to keep building upward in urban centers than to build mass transit to exurban areas. Urban areas already provide significant subsidies to exurban ones via taxes and cro
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by tfehring 8y ago
Interesting take, but I'm not sure I buy it. I certainly don't feel like I get ~2.5x more utility from my current iPhone than I did from the smartphone I purchased in 2012, which was just as fast (on the software of the time) and
777.
by tfehring 8y ago
> say a person bought a pair of shoe, sunglasses and a book. For their newsletter, we will show include shoes, sunglasses and books. This was a lot more relevant than sending random stuff. I agree with the general sentiment of the artic
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by tfehring 8y ago
Not to mention that recent versions of MS SQL can run (AFAIK) arbitrary R and Python code server-side.
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by tfehring 8y ago
Older Americans are overrepresented among climate change deniers, but not overwhelmingly so. As of 2014, 44% of climate change deniers are under 50, and 77% are under 65 [0]. So most will still be around for several decades. More concerning
780.
by tfehring 8y ago
You may want to reach out to the founders of HackerRank (S11) via bookface or whatever if you haven't already. They started with what sounds like a similar business model (and got turned down by YC) before pivoting to their current mod

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