throwaway2245

15 ms·

91.
by throwaway2245 6y ago
I think this is fine advice for anyone who has money that they don't and won't really need. Positive expected value is positive expected value. This works great, as long as you have plenty of bankroll and can ride out any losses.
92.
by throwaway2245 6y ago
> the financial education to buy-and-hold through thick and thin I find this somewhat dubious. If you buy-and-hold for a lifetime, you'll face at least a once-in-a-lifetime level of shock at some point. The possibility that this sho
93.
by throwaway2245 6y ago
It makes a difference that there is not an obvious comparable alternative. The network effect works both ways: if key people in my network are convinced to switch, other people will follow.
94.
by throwaway2245 6y ago
When WhatsApp first came out, lots of people (in the West) paid punishingly high costs for sending an SMS at all. Being able to communicate via [free wifi/a much smaller data cost] was a big selling point.
95.
by throwaway2245 6y ago
"Rational", in the strict sense, is really only a useful concept if you are wealthy. If I have a spare $50, then deciding how to optimally invest it to end up with $51 is not worth the thought or effort put into that. I'm gon
96.
by throwaway2245 6y ago
The great horse manure crisis of 1894 happened (primarily in London) when horse manure was no longer valuable enough to pick up for a profit. https://en.wikipedia.org/wiki/Great_horse_manure_crisis_of_1... It seems hig
97.
by throwaway2245 6y ago
> Your observation about young people... equivalent of those living paycheck-to-paycheck “investing” in the lottery. You're so close to uncovering something here...! Why do you think so many people play the lottery?
98.
by throwaway2245 6y ago
Giving people sufficient basic resources for survival doesn't stop them from working. Everyone being paid more than a living wage is already choosing to do more work than they have to. Why do you assume that people would stop working,
99.
by throwaway2245 6y ago
> What would separate them from the jobs that they're on the same level with today? I'm imagining jobs with (for example) a high emotional toll, disgust factor, risk factor. I believe those aspects are presently undervalued (de
100.
by throwaway2245 6y ago
> everybody can guarantee themselves shelter, food, warmth without any other human involved. I was also going to mention that this is actively prevented by modern society. In practice, you cannot forge these things by yourself, as you wi
101.
by throwaway2245 6y ago
This assumes that large landowners and food conglomerates are 100% rentiers. That the money they make is based on the amount they can extract, and not on the value they provide. You're describing a system which is not democratic capita
102.
by throwaway2245 6y ago
In other words: [you believe] you benefit from this exploitation and you're quite satisfied with it.
103.
by throwaway2245 6y ago
This is purely because of exploitation - people work those jobs to guarantee themselves shelter, food and warmth. If we (as a society) guaranteed everybody enough resources to live, those types of jobs would need to be paid a more appropria
104.
by throwaway2245 6y ago
> Pigp]y [sic] Wiggly This error is presumably due to failed OCR character recognition. I can't access the original article (which is linked for subscribers) but it seems to be because the word is in italics? Or might the brand have
105.
by throwaway2245 6y ago
"oh, now that you're winning, there's this extra unwritten rule that I forgot to tell you about..."
106.
by throwaway2245 6y ago
If we could (globally) build emergency public hospitals, why can't we build emergency public production facilities?
107.
by throwaway2245 6y ago
This matches my expectation, it's just that I'd expect the household-invented games to be novel/creative and bad on average.
108.
by throwaway2245 6y ago
That's exactly how it has failed. One purpose was to illustrate that you could build affordable and liveable urban apartment buildings in high number and high quality. You reporting 50 years later that you wish you could live there (I
109.
by throwaway2245 6y ago
If you got a bunch of spare money and spare time, enjoy the casino. If you got a bunch of spare money, enjoy the stock market.
110.
by throwaway2245 6y ago
> RH could legitimately be trying to protect their users from what is basically a pump & dump scheme Considering that RH's business model has benefited from getting people excited about gambling on volatile stocks, I highly doub
111.
by throwaway2245 6y ago
Write to each of the political parties to express your position. At least to the parliamentary parties that you would consider voting for. The most powerful thing you can do, right now, is make the parties aware that this is important to yo
112.
by throwaway2245 6y ago
This is identical to my experience of casino gambling. If you have a system that is beating the house (or appears to be), the house will immediately shut you down. You can't win. Not only because the bets are stacked against you (here
113.
by throwaway2245 6y ago
Whether Freddy Mercury was gay or bi is a culture war which doesn't need to be fought. He can and does represent both gay people and bi people in transcending heterosexual norms. Young people sometimes use the word "gay" to e
114.
by throwaway2245 6y ago
As a British customer in the EU... same.
115.
by throwaway2245 6y ago
I'm not sure why we have gone down this rabbit hole, but you're just mistaken. Phillip Morris used its propaganda to lie to people about health risks and "benefits" of smoking, sold an addictive product to addicts, and u
116.
by throwaway2245 6y ago
> Phillip Morris didn't operate a sophisticated propaganda machine... What? Yes, it did, that's literally what it did do.
117.
by throwaway2245 6y ago
It makes me feel sad that this basic and cheap greenwashing gets more attention than anything environmentally critical. Here's IKEA's original Press Release which has been worked into this "news" article. The original PR
118.
by throwaway2245 6y ago
I understood that this was about scrutinising papers in academic journals - the academic journal's value is quite literally its trustworthiness. (The journal exists and is employed to do the scrutiny) A comment from any random person (
119.
by throwaway2245 6y ago
> ...anyone in the world could post... This would be ultimately filled with trolls, nonexperts, and people with an ulterior motive or grudge: so any such effort would be less trustworthy than the original publication. If you want to find
120.
by throwaway2245 6y ago
> completely within the bounds of what society considers normal (being gay) Feedback at your request - This rubbed me the wrong way because homosexuality was classed as a disorder in my lifetime. (And that has an impact on me, still to

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