thedufer

9 ms·

91.
by thedufer 6y ago
> 3% of earnings going to shareholders just does not at all mean the company drops by 3% in value. But this is not what's being claimed. Dividends are measured relative to stock price, not earnings. And a 3% dividend - that is, a
92.
by thedufer 6y ago
I think it's less "convince Californians to leave" and more "convince Californians who want to leave to go to Tulsa specifically". For someone who has no ties to a particular place but just generally wants to go som
93.
by thedufer 6y ago
> I don't understand why people like you keep ranting about "universal healthcare" when obviously about 50% of your country so strongly opposes it that I think it's sooner that hell freezes than US getting social heal
94.
by thedufer 6y ago
> Considering all the middle managers I know of are desperately trying to get the workforce back into offices because they seemingly have bugger-all to do now, I'd say you can cut out a fair few of them if you need to balance out a
95.
by thedufer 6y ago
> Basically I preferred solutions that avoided W, since you're then working in a subset of the language that is definitely terminating and affine. Ah, that makes a lot of sense. I mostly just thought my version was the obvious one
96.
by thedufer 6y ago
Is there some reason the given answer for forming I out of BCKW isn't the shortest possibility? I jumped to I = WK, while the given answer is I = CKC.
97.
by thedufer 6y ago
> Isn't the liquidity only worthwhile at times of low liquidity? No, because liquidity is also about tighter spreads. Since the spread is effectively a transaction fee paid to buy or sell on exchanges, shrinking it is beneficial to
98.
by thedufer 6y ago
> -I would really love a weekly Matt Levine podcast. But sadly I don't think we'll ever get that. I don't know that you do. I've found him to be a much better writer than speaker - the content was similar (brilliant,
99.
by thedufer 6y ago
> What I wonder though is what about Java is bad? Like, is the lack of inference the key differentiator between good static type systems that help, and those that get in your way and slow you down? Lack of type inference is part of it -
100.
by thedufer 6y ago
Interest rates have historically been their biggest tool, but the buyer-of-last-resort things seems both better at propping up the market (probably worse at spurring the actual economy, but again, all we're talking about here are inves
101.
by thedufer 6y ago
Corporate bonds. Look at $BND, for example. It crashed 8.5% March 9-12. The flattening and then quick rebound are generally credited to the rumors and then announcement of the Fed's bond buying program. The health of the _broad econ
102.
by thedufer 6y ago
The strategy this spring of just buying up bonds en masse worked pretty well, and seems fairly unlimited as long as they're willing to print money with which to buy stuff. They have a lot more levers than just interest rates.
103.
by thedufer 6y ago
The response to "what about volatility" is not really right. Volatility makes a much bigger difference than the article admits - the reason FIRE proponents come up with a similar number is because they started with a much higher
104.
by thedufer 6y ago
> the atmosphere of Venus is the only place outside of Earth where humans could walk outside with just a simple oxygen mask Surely a bit of an exaggeration? The mostly carbon dioxide, 1 atm of pressure area is not bad, but it coincides w
105.
by thedufer 6y ago
This may come across as pedantic, but your example only defines a variable with the bottom type. You never actually "construct an inhabitant" because the construction itself is nonterminating. This is actually, in my experience, o
106.
by thedufer 6y ago
I think the problem is not that there isn't enough if it (this may or may not be true) but more that it is very hard to figure out where it is. There are probably a good number of people who aren't presenting themselves well, desp
107.
by thedufer 6y ago
> Taken to its logical conclusion, I could argue with your broad definition that just about any subsidy or tax on anything is also a subsidy or tax on raising children. E.g. families have more cell phones and higher cell phone bills, so
108.
by thedufer 6y ago
> Ah yes, the lofty government subsidy of x < $600 on average per family that has enough taxable income to receive the CDCTC (x < $100 all families with children)[0]. You chose one particularly inexpensive subsidy, and ignored ever
109.
by thedufer 6y ago
There might be others, but the big advantage in my eyes is that Re, because it is pure-OCaml, is platform independent, whereas Re2, being backed by the C++ lib of the same name, is not. At Jane Street this is relevant because we share a lot
110.
by thedufer 6y ago
> It was originally only a small amount, and only on the wealthy. This is a bit misleading. The first income tax of 1861 was on incomes over $800, which inflation-adjusted is about $23000. The next year the threshold was lowered to $60
111.
by thedufer 6y ago
But the particular simplifying assumption you made invalidates the whole thought experiment. Who is moving faster actually depends on where you're looking from. This turns into complete nonsense if you assume instantaneous communicatio
112.
by thedufer 6y ago
The reference velocity is the one such that you see an equal amount of cosmic background radiation in every direction. If you're moving relative to it, you'll see extra radiation from in front of you (much like how you see extra c
113.
by thedufer 6y ago
> Companies generally take huge losses at the beginning of the cycle and a very modest profit towards the end. This sounds like a claim about cumulative profits, no? Maybe you're instead suggesting that either prices rise or manufac
114.
by thedufer 6y ago
"selling at a loss" generally means that the margin is negative, that is the unit price to manufacture (and ship, etc) is higher than the price the consumer pays. Your alternative definition applies to pretty much everything with
115.
by thedufer 6y ago
> If your company doesn't have stock... what do they do? As someone working at a private finance company - annual bonuses at a rate similar to big tech stock grants work just fine.
116.
by thedufer 6y ago
To clarify the sibling comment - the FY2020 number appears to be YTD, not for the full year.
117.
by thedufer 6y ago
> I may move to Hawaii when the plague passes, and then my day would start at 6am. That'd be rough. I know someone who did this. If you're a morning person already, the 5am wake-up isn't terrible, and finishing work at 2p
118.
by thedufer 6y ago
312! is way too high - there are 6 indistinguishable copies of each of 52 cards, not 312 unique cards.
119.
by thedufer 6y ago
I don't think your evidence has much bearing on the point you're trying to make. In my experience from the other side of the table, it's quite common to not talk to the person who picked your resume. I make these introductory
120.
by thedufer 6y ago
> Why don't they structure IPOs as an auction, such that the initial sale is at the market price. Why do you think this would work? Google IPOed with a dutch auction, and went on to pop 30% in the first 2 days. An auction allows yo

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