whall6

6 ms·

31.
by whall6 3mo ago
This is the right question. Every company has a list of >WACC IRR projects that it can spend saved money on. If not, it’s a cash cow company that wasn’t growing in the first place and will allow shareholders to use the saved cash for oth
32.
by whall6 4mo ago
I believe that as self-driving cars become more ubiquitous, these deaths (and other traffic-related deaths) will decrease. I was driving on a 4 lane road at 5 in the morning and all of a sudden my Tesla model 3 slams on its brakes, missing
33.
by whall6 4mo ago
I live in Texas, which is probably very similar to where you’re thinking of, and I could list off at least 10 different places within a 1 hour radius that should be visited.
34.
by whall6 4mo ago
Ah yes, time tested and battle hardened inference margins.
35.
by whall6 4mo ago
I love this. Here’s something else you can try: take off your phone case. My phone screen is scratched to hell and I think it runs slower from dropping it without a case so many times. Someone should run a randomized trial with screen time
36.
by whall6 4mo ago
Agree with this sentiment. However, I think the S&P 500 fudged the rule to 6 months which I believe adequately straddles the line between 1. provides time for price discovery and 2. includes a large piece of the market that would otherw
37.
by whall6 4mo ago
“belong” is a flexible word. You’re right in theory but depending on the situation money in your bank account is worth more to you than an equivalent amount of money in a company’s bank account (of which you are a shareholder).
38.
by whall6 4mo ago
Exactly: enrich shareholders at the expense of their own coffers.
39.
by whall6 4mo ago
The life cycle of a share starts at IPO. The S&P 500 does not add companies to its index until at least 12 months after IPO. Also, Meta issued 180 MM new shares at $38/share at IPO. That’s ~$7 Bn. Which is less than 1/4th of w
40.
by whall6 4mo ago
Meta was a $26 Bn net purchaser (opposite of issuer)
41.
by whall6 4mo ago
This makes me think that doing cool reboots of old cars but with EV powertrains would be awesome. Think of an old VW Golf from the 90s with an EV powertrain. Or an old 60s mustang.
42.
by whall6 4mo ago
Money that people “dump” into the S&P isn’t going to the company’s bank account. It’s purchasing shares on the market that were owned by other third party shareholders. For example, in 2025 Meta was a net purchaser of their own stock ($
43.
by whall6 5mo ago
Let me rephrase: “blue Lego set”
44.
by whall6 5mo ago
Seems like it would be hard to know which blue Lego was Bryan’s
45.
by whall6 5mo ago
I almost feel like this topic deserves a further deep dive. This seems like a more profound difference of cultures: Japan, where failure is stigmatized and less of an option, optimizes for survival, and the United States, where failure is c
46.
by whall6 5mo ago
What blew me away was the proliferation of the Church of the East. I never knew Christianity had that much of a foothold in Asia. I wonder if geographically it appears more significant due to that region’s sparse population?
47.
by whall6 5mo ago
No true Scotsman fallacy. Just because a cook does something multiple times a day doesn’t mean he or she can’t find pleasure in making each meal as high quality as possible.
48.
by whall6 5mo ago
I think my Grandpa worked on the mentioned classified experiments in the late 1950s and throughout the 1960s. He was a Naval Academy graduate with a degree in electrical engineering and spent several years on submarines. He then spent sever
49.
by whall6 5mo ago
Key word: rarely It’s a numbers game with very low stakes to the downside and very high to the upside
50.
by whall6 7mo ago
I have been looking for a way to find pickleball courts near my house. This sounded like the perfect tool! I tried "pickle ball court" using the maximum polygon size (actually just slightly under) and... it didn't work. It ga
51.
by whall6 1y ago
Howard Marks just published a memo about this: https://www.oaktreecapital.com/insights/memo/the-calculus-of...
52.
In Defense of Car-Centered Society(sweatofthebrow.blogspot.com)
25 points by whall6 1y ago|88 comments
53.
by whall6 1y ago
Is it a crazy mental leap to think that maybe housing was historically mispriced and now we have reached equilibrium?
54.
by whall6 1y ago
Is this housing that they are purchasing just being sat on? I would think that these are being purchased to be rented out (thereby still increasing housing supply), not just held. Homes are depreciating assets.
55.
by whall6 1y ago
What data do you have to support that only hedge funds and smaller investors are purchasing new builds?
56.
by whall6 1y ago
There doesn’t need to be a connection between the purchase and sale events. Any marginal unit of inventory added to a market will place downward pressure on the price of that inventory (i.e., make it more affordable). The reverse is true fo
57.
by whall6 1y ago
Curious for the source on the 25% figure if you wouldn’t mind sharing.
58.
by whall6 1y ago
Curious for a source on the sq footage per capita if you wouldn’t mind sharing. That’s very interesting. Could that also be explained perhaps by the fact that people are willing to live farther away from cities (where land / homes are
59.
by whall6 1y ago
sure, why not? I'm not saying that I personally could, but the entire network of starlink satellites is owned by one person. Interesting to think about the possibilities at the very least
60.
by whall6 1y ago
should be pretty easy to do once starlink has full global coverage... could easily circumvent ISPs

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