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vostok
searching PlanetScale…
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33 ms
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301.
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by
vostok
9y ago
> few, if any, employers will care about your GPA "Elite" careers care a lot about GPA.
302.
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vostok
9y ago
In academic circles, yes. Socially, not so much. A huge portion of the middle class in the UK went to Oxford or Cambridge. Something like 25% of Etonians get into Oxford or Cambridge. For the Westminster school that number is something like
303.
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vostok
9y ago
The AMI is actually higher than the median income in NYC because it includes wealthy suburbs.
304.
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vostok
9y ago
I think there's more to The Daily Stormer than one little article.
305.
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vostok
9y ago
I think they're more willing to take new people mostly because there are more jobs and not enough programmers in Web.
306.
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vostok
9y ago
Sorry, can you flesh this out a little more? I'm not quite grasping how paying academics high wages is ravaging our country.
307.
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vostok
9y ago
I don't think this is a productive game to play. If there's not enough money then why is academic pay better in the US than almost anywhere in the developed world?
308.
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vostok
9y ago
I don't see a brain drain happening. American academic pay is better than European/Canadian/Australian academic pay by too wide of a margin. As far as politics goes, I don't think America is that much worse (if at all wo
309.
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vostok
9y ago
> Which is a complicated way of saying that the share that I think I own actually exists in the world, through an admittedly complicated web of commercial relationships maintained by professionals at regulated financial institutions. It
310.
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vostok
9y ago
More specifically, partners will happily have their associates bill as many hours as they can.
311.
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vostok
9y ago
> Nobody is ever actually offended by science I'm not going to look it up, but it wouldn't surprise me if science shows that men are more aggressive than women. It does hurt my feelings when people assume that I'm going to
312.
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vostok
9y ago
> I succeeded because I'm smart, not because I'm rich. This is a fair point, but in many cases you need to be rich, hard working, and smart. This is a major improvement over the old system where you just need to be rich. This i
313.
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vostok
9y ago
Not only are they ugly, but setting the time with NTP seems strange if you want atomic clock level of accuracy.
314.
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vostok
9y ago
I feel like Trump is also pretty firmly part of the establishment. In my mind, the real reason people voted for him is that he said things that people were thinking. This seems to be something that nobody wants to admit.
315.
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vostok
9y ago
Yeah I agree with you. I'm sure he interacts with the working class, but let's not lose sight of the fact that he has as much money as 2500 millionaires.
316.
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vostok
9y ago
I don't think Trump lived a working class life before becoming president.
317.
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vostok
9y ago
> He should rename this to "Working outside the millionaire bubble". Calling it a tech bubble or even a millionaire bubble is bordering on offensive. Sure I'm probably in a tech bubble and I'm probably in a millionair
318.
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vostok
9y ago
I don't think you're actually arguing that programmers get paid too much. You are arguing that dishwashers get paid too little. Your argument is that dishwashers produce a lot of value and you're right about that. The restaur
319.
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vostok
9y ago
That's a great point. It's certainly possible to design a bad placement test.
320.
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vostok
9y ago
> The UC system is still the most prestigious, selective public university system in the world, and this will not affect that. Is the UC system more prestigious than Oxford, Cambridge, LSE, Imperial, or top prepas/grandes ecoles? Ev
321.
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vostok
9y ago
Is there a real issue here? First of all, isn't failing the placement test prima facie evidence that you need remedial courses? Second, at least my school generally gave you enough rope to hang yourself if you wanted to. You want to ta
322.
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vostok
9y ago
I think this is just your personal experience. People have been going to Andover since 1778 and to Eton since 1440. Is it possible that your peer group now is wealthier than your peer group as a child?
323.
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vostok
9y ago
Yes I agree that cap weighting doesn't over buy the low P/E stocks. I'm not sure I agree that low P/E means that a stock is undervalued. For example a company that is guaranteed to make $10 every year should probably hav
324.
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vostok
9y ago
> But if everyone does that, that inherently pushes up the price of company A a lot faster than company B. Can you explain how this works? Suppose Company A is worth $100 billion and Company B is worth $10 billion. Buying $100 of Company
325.
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vostok
9y ago
One of the ideas of cap weighting is that it has minimal impact. If company A is worth 10x what company B is worth then I can buy 10x of company A and 1x of company B to spread my impact as evenly as possible.
326.
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vostok
9y ago
Are you saying that the novices are the cause of overly high valuations? If so I'm rather skeptical because these novices control very small amounts of money even in aggregate. If you're saying that the novices are just bad invest
327.
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vostok
9y ago
> Lets take down that bad guy who made all his investors money. Correct me if I'm wrong, but didn't he take money from one set of investors to pay another set of investors. I haven't been following the story too closely. I
328.
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vostok
9y ago
Maybe hanging out in the Greylock/Accel-KKR parking lot?
329.
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vostok
9y ago
What about if programmers were paid like carpenters?
330.
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vostok
9y ago
Or you could hire the best for a given role in a given context. Sometimes you need the whiz kid who can rewrite Torch from scratch in a weekend. It's OK if they eat the gunk between their toes. Sometimes you need the gregarious former
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