yyy888sss

9 ms·

31.
by yyy888sss 6y ago
The good news is fees are slowly coming down as it becomes clear most funds provide no value (in stability nor excess return) over an index. In Australia superannuation (retirement fund) fees were $30 billion last year, or 1.6% of GDP. That
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by yyy888sss 6y ago
Their online sales went from 5% to 10% of revenue during the pandemic, so they are still mainly a offline business.
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by yyy888sss 6y ago
Bitcoin uses as much electricity as Chile and a single transaction has the same carbon footprint as ~700k Visa transactions. This may also be underestimated and account for around half of global data centre energy consumption as per a recen
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by yyy888sss 6y ago
Bitcoin production is capped at 21 million BTC.
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by yyy888sss 6y ago
Same 'committee' effect happens with pop music, each song has many writers and goes through many layers of the music label before it is a released, that the song ends up very generic but also listenable to a lot of people.
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by yyy888sss 6y ago
What about the fact it's in the middle of the night? I'd much rather work longer hours during the day than start at 2 am.
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by yyy888sss 6y ago
I'd say what matters is whether you can afford something and all, and then to a lesser extent the quality of that good/service. For example, most people in the US can at least afford a cheap used car, and can therefore go pretty m
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by yyy888sss 6y ago
You would think that wealth/security is what matters but the stats show otherwise. People in poorer countries have more kids than in rich countries. And within developed countries, the poor have more than the middle class which in turn
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by yyy888sss 6y ago
5) Companies in the rest of the world bringing 'boring' stuff to the masses there. A low cost airline growing in South Asia or a concrete plant opening in Nigeria or modern tractors replacing human labor in India all help raise th
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by yyy888sss 6y ago
1) Chip makers (AMD, Intel, Qualcomm, Apple etc). Chips are still improving. Theres always new applications to more compute eg: 3D work can be done on laptop now, realistic renders can be ray traced with consumer graphics cards, phones can
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by yyy888sss 6y ago
Tesla made electric cars cool and desirable (starting in the 2000's when most people associated electric with the prius). They've introduced or improved a lot of tech: better battery chemistry in new form factors, more efficient m
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by yyy888sss 6y ago
I think the news industry is better than ever. Just like 50 years ago, you can watch the evening news on TV, or listen on the radio, or read the major papers (NYT, The Economist). My local paper is online now and charges a small subscriptio
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by yyy888sss 6y ago
High speed rail has a small niche for routes a few hundred km between two large cities. Any shorter and the car becomes more convenient, any longer and the plane becomes cheaper and faster.
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by yyy888sss 6y ago
We have this for Instagram in Australia already and I like it. I noticed I would always look at the like count and judge a post based on that before the change. Of course the real way to 'improve your wellbeing' is to use social m
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by yyy888sss 6y ago
You don't need to subsidize cow milk, we don't in Australia and it's still $1/litre.
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by yyy888sss 6y ago
You can do what we do in Australia, every employer has to pay 9.5% of your income into a retirement account. It's like a social security tax but it goes into an account you own instead of the the general pension system. If you have a n
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by yyy888sss 6y ago
Either selling shovels ( https://micky.com.au/bitmain-earned-300-million-in-profit-fo... ) or making a market for people to trade in ( https://www.coindesk.com/binance-to-earn-profits-between-800... )
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by yyy888sss 6y ago
Maybe they should have bit the bullet and fully redesigned the 737. Presumably future engines will be bigger still, will they just tack them onto this old design as well? At the end of the day this is just a software fix.
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by yyy888sss 6y ago
My council and university also declared themselves '100% renewable powered'. What they do is fund a solar/wind project which will generate the amount of electricity they use over the whole year. Of course in reality their pow
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by yyy888sss 6y ago
Much like companies declaring they are 100% renewable powered, this does no actually mean only renewable electricity is used 100% of the time. In the last week, 20% of electricity used in Tasmania was from Victoria coal power https:/&
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by yyy888sss 6y ago
Theres also just the fact that social scientists don't agree on lots of topics. You can find one economist who says raising taxes is the right thing for the given situation, other who says they should be lowered. Opposing political par
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by yyy888sss 6y ago
But they are not the same. Every company and organisation will advocate for itself by advertising, lobbying, legal battles etc. Brands will also adopt a LGBT pride/BLM/etc campaign as soon as they think it provides good publicity.
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by yyy888sss 6y ago
Seems like 'Company gives preference to its own products on its own store' which is hardly surprising.
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by yyy888sss 6y ago
No, Apple is a 'full-stack' tech company. People buy their products both for their hardware and software. If they were just a hardware company, why would they bother making macOS, iOS, iMessage, Safari etc?
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by yyy888sss 6y ago
Seems to be more like 40% [1] and it's worth noting that in a lot of geographies you still need full backup for wind farms as the wind speed can drop low across the whole country/continent. [1] - https://energynumbers.i
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by yyy888sss 6y ago
It's just a punitive tax on the producers of heavy emitters, with the proceed going to Tesla instead of the government. Tesla is treated very generously as their cars count as emitting 0g Co2, which is not the case unless they are rech
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by yyy888sss 6y ago
Turns out it's more about economic development and education - most women who are financially secure don't want to have 10 children.
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by yyy888sss 6y ago
Plenty of Top 40 is still generic easy listening for anyone. Ed Sheeran - Perfect is the 8th most streamed song on Spotify and could have been released in basically any era. Bruno Mars - Uptown Funk is the 6th most viewed video on Youtube a
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by yyy888sss 6y ago
If music were the way to describe society - I'd say it shows that we are connected globally but also have a diverse range of tastes. A top hit song can quickly go viral globally now, yet the global number one song on Spotify usually on
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by yyy888sss 6y ago
Overvalued IMO. I don't find Zoom to be at all differentiated from the many other video call apps from Meet, Teams, Skype, etc. All the enterprise software companies include video meetings in their bundles, why would you pay extra for

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