Akababa

There are diminishing returns to more engineers. Also hiring more is like investing with leverage. You might increase EV but also increase the chance of going bust if things go poorly.

Found the person who didn't read the article lol

ozontel.com doesn't exist. Is that a typo or did a competitor really buy ads to a nonexistent domain?

So Trevor fabricated evidence to fool the police? That's a far more serious offense than the sexual misconduct, and frankly it's hard to believe he could pull that off, unless he managed to bribe the police. Johnny's probably not completely innocent - they can both be scumbags.

If you look at it in terms of risk-adjusted returns (Sharpe ratio), a fixed transaction fee costs more Sharpe on a low-variance bet than it does on a high-variance bet. The variance of balanced contracts is higher than the variance of unbalanced ones (p(1-p) is concave with maximum at p=0.5), so after adjusting for risk the transaction fee is more significant for the unbalanced contract.

A large proportion, if not the majority of my doordash orders include some sort of promotion. They're everywhere and at this point I almost have an expectation that doordash will always have a promotion that lets me order at a discount.

I think that these effective consumer subsidies are included in their "sales and marketing" budget.

Yeah, but left/right is a big part of what differentiates political parties. It's like the first factor in a PCA decomposition.

I don't get it. If the landlord wants the filming to happen so badly, why doesn't he kick in a few grand to compensate his tenant... That's a lot easier than kicking and screaming all night.

If ROM space is so valuable, why is ASCII text (which I imagine is relatively large) stored on it?

If true, that's uncannily reminiscent of North Korea: https://www.youtube.com/watch?v=inebLA3HqPo

That's the fundamental problem of hiring: you have to make educated guesses about who is going to make a better employee. And you should be willing to pay more to hire someone who you believe is better. For some companies, salaries are such a small part of their revenue that it makes sense to offer some candidates a lot more... and if your first choice happens to accept a lower salary, it doesn't really matter - you've saved a drop in the bucket.

They can't lock me out of my account if I do it myself first!

Have you talked to the person who made the not? They might not realize how distracting it is. Maybe they'll move it to another channel as a compromise.

It's about supply and demand. If he really is the best person for the job, then there's nothing to be gained from paying him a higher fixed salary. But if there's someone else who's even marginally better that you can get for $10M, it's probably easily worth it - for the size of the fund, one person's pay is a negligible amount.

That's a uniform distribution

You can even use an android emulator for this - some of them come with location spoofing too.

My impression is that Uber fulfills a niche for drivers who want a certain tradeoff between flexibility and job security. There are people who fit into that niche and people who don't, but forcing the company to change its value proposition is going to make some people start or stop driving for Uber depending on how well the new contract suits them. This could be a net economic win or loss, but we don't know the numbers. In the long run, if there are enough drivers who value the flexible arrangement that Uber provides, then either another company will fill that niche or these people will find similar work elsewhere.

You're the one who brought up the forest metaphor, where plants compete for light.

I share a monitor and peripherals for both personal and work stuff, and find that an effective way to "turn off work mode" is to simply switch the hub from my work laptop to my personal computer so I'm not as tempted to go back to work.

This is part of a super generic tradeoff between liberty and public good that differs from case to case depending on your culture and values. For example, should we ban smoking? What about meth? And so on.

As other commenters have mentioned, all the company has to do is disclose risks in their public filings and it's up to investors to do their due diligence. It's safe to say that unless they lied to investors, the majority of capital coming in is from people who know what they're doing and are comfortable with the risks.

I'm not sure that this makes an economic difference - ultimately Uber's algorithm will set the price where supply intersects demand. Or equivalently, drivers can raise their own prices/restrict supply by only working during surge hours.

Noob question: how do they even measure performance faster than RAM sequential read?

I can see your point, but that does beg the question: what niche does a nonacademic nonprofit fill? It seems to me that's it's not filling a particular niche at all, but rather sitting somewhere between a corporate lab and a traditional academic lab. It's for those who are okay with trading off some of the freedom of academia for some of the resources afforded by industry.

It labels almost every paragraph as a different speaker, which makes you wonder why they bother to try! Does their software really think the podcast has 20 different participants?

Is volume control necessary? I don't think the YouTube app even has it because it just uses your device volume.

Works fine for me developing on PyCharm on a new MBA. But on the other hand, I haven't used pre-10.15 macOS so I might be blind to some of the pain points of upgrading.

This particular article is about MFE students from one school, but hedge funds love PhDs too.

One way to get interviews at least is by doing well in math contests.

Right, so the issue with the income premium without economic growth argument is that the government would have collected those incomes anyway, just from different people (unless the student loans are structured as a % of future earnings, in which case I apologize for my ignorance).

Of course, degrees aren't zero value, but the subsidies for education (student loans) could still be distorting supply in a way that results in a net loss for the government. For example, a self-taught engineer or entrepreneur spends years in school instead of inventing or starting businesses. This is a poor allocation of investment and human capital which results in a net economic loss (including a loss for the government).