tryitnow

41 ms·

421.
by tryitnow 11y ago
Good point. Status seeking will always be with us. I think the relevant question is whether or not that status seeking takes place in the market or in some other social space. For example, by putting a cap on wages perhaps status-seeking
422.
by tryitnow 11y ago
You should try to read past the first sentence. The simple fact is that few economists predicted a recession of that magnitude. Predicting a crash is very different than predicting a recession. And predicting a recession is very different
423.
by tryitnow 11y ago
I have no idea why people still make this mistake. Clearly, way too many "adults" are telling high school kids that "college is the answer!" without providing more detail. It's more like getting a profession is the
424.
by tryitnow 11y ago
It's more about the "optics" as they say. A celebration of this sort is warranted when you're at the top of your game, not when you're a well-known mediocrity. And frankly speaking, a billion in cash is a lot less
425.
by tryitnow 11y ago
Market sizing is a Fermi problem - that doesn't mean it's not quantitative or even that you don't need to think about it, it just means a back of a napkin calculation will do (to a first approximation). It's more import
426.
by tryitnow 11y ago
This looks great! I would totally shell out money for a premium card set - if only my professional area was represented. Could you please create a mailing list for different professions/subject areas so potential customers could be al
427.
by tryitnow 11y ago
My experience with Netflix's video quality has been pretty positive, so they seem to have been doing something right. I hope this predictive model will only improve things and won't deteriorate quality (consider they tuned for lo
428.
by tryitnow 11y ago
The article is just stating the middle class is shrinking - and inequality is therefore increasing. And increasing inequality is a problem. The problem with increasing inequality is not necessarily decreasing mean incomes. Inequality is a
429.
by tryitnow 11y ago
Compensation figures really have to be adjusted for hours worked, stress levels, work environment, schooling required (and associated opportunity cost of lost income), etc. On top of that I'd also like to see innate cognitive ability f
430.
by tryitnow 11y ago
Hmmmm. How many immigrants are Muslim? My guess would be it's quite small. I thought most immigrants are Spanish-speaking - and they do have a lot in common with the current US. Indeed, in many places (e.g. California) Spanish names
431.
by tryitnow 11y ago
8 million per year?! That certainly puts things in perspective. Of course, I don't think anyone other than anarchists IS calling for returning to 1850s levels immigration.
432.
by tryitnow 13y ago
Excellent question about the laws. I've looked into the RV lifestyle and I concluded that large class A motorhomes are pretty much limited to being semi-permanently parked in RV parks - with the occasional overnight at places like Wal
433.
by tryitnow 13y ago
Pretty good work. My thoughts on the visualization: Criticisms: 1) The moving around over the city skyline is slick and fun, but I doubt it conveys much useful information. I'd rather see the growth of new building over time. In vis
434.
by tryitnow 13y ago
This is a fascinating data problem. I noticed a lot of the price distributions are non-normally distributed (specifically with a strong positive skew for the least consistently priced procedures). You guys should have fun with this. Who w
435.
by tryitnow 13y ago
Ditto. I am following a similar path. I am curious if there are any groups dedicated to people like us (econ/consulting/finance people learning data science) to help facilitate the learning process?
436.
by tryitnow 13y ago
Not surprising. The company I used to work for bought tens of millions in HW per year, much of it from IBM. However, the future plans are to move to "cloud" solutions, which, of course, still require HW (difference being that th
437.
by tryitnow 13y ago
"But what do you think? Do you agree that business plans and risk assessments can stifle innovation?" No, I don't agree. I agree that badly thought-out business plans and risk assessments stifle innovation. I've worked
438.
by tryitnow 13y ago
Precisely. I worked a little bit for a large pharma company (in a finance capacity) and I saw first hand how incredibly profitable it is for the US government to not have negotiating power on drug prices. Pharma companies make a wildly dis
439.
by tryitnow 13y ago
You're probably excited about learning rails - if so, just go ahead and jump into it. Like right now, don't worry about anything else. You'll soon realize the value of not using Windows. A big part of learning as a newbie i
440.
by tryitnow 13y ago
I know a lot of people in their 30s and 40s who don't have a college degree. They make no less and have no fewer job offers because of it. Go to school because you enjoy learning something(1), not for better job offers. In the techni
441.
by tryitnow 13y ago
Good call. I'm a financial analyst who is becoming increasingly comfortable with code in general, but I can tell you 80-90% of business users lose interest as soon as anything SQL comes up. Heck, 70% of business users chicken out if
442.
by tryitnow 13y ago
The original commenter wrote: "Our government is sending gangs of armed men to perfectly innocent citizens" Local governments are governments too. Just because the Feds didn't show up doesn't mean this isn't highly
443.
by tryitnow 13y ago
I'm a newbie, and I enjoy articles like this as a starting point to frame the overall concept. Like most simplifications, it's not entirely correct. Which is why I like the comments section of HN - where I can learn more about the
444.
by tryitnow 13y ago
The author has some good points, but the most important thing to keep in mind is that in a free society, anyone else can come along and do what you're doing and do it cheaper (which is apparently what has happened after Ferriss et al.
445.
by tryitnow 14y ago
What I find really intriguing about this is Thiel's participation - it's one thing to get funding from Khosla, who is a cleantech cheerleader, it's really amazing to get funding from Thiel, who is a cleanteach skeptic.
446.
by tryitnow 14y ago
If you're willing to spend more than $100K on a car, then yes it probably is.
447.
by tryitnow 14y ago
I think combining fairly elementary economics and physics can reveal the cause of obesity epidemics. Consumers seek to maximize the taste/cost ratio where cost = the monetary cost of food + time to prepare Sure you can eat healthy for chea
448.
by tryitnow 14y ago
"Most people are just making excuses for not wanting to practice self-control or educate themselves." This is true, but not a very useful thing to say. Trivial observations of others' moral failings are often a way for us to feel better ab
449.
by tryitnow 14y ago
This article displays a rather poor understanding of free speech. First, it sets up a false dichotomy between an idealized "free speech" past and a present where free speech is in danger. Where's the evidence for this? The US has always h
450.
by tryitnow 14y ago
What about comparative effectiveness? For example, if we did an experiment where we started subjects on the following regimes, which would have the greatest effects on impulse control: 1) Learning to program (assuming the subject is not al

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