HFguy

I think you are 100% misunderstanding what they are saying.

They are saying almost no one in Texas can walk to a grocery store. Hence, it is a flex if you can. And Europeans don't understand that it is that unusual.

I suspect it is higher than it was 20 years ago and significantly lower than it was 100 years ago.

"short term greed"

There is a certain amount of capacity to produce memory. They are building new facilities but it takes a long time. They have been burned going down this route many times in the past (e.g., losing money, firms that are no longer in business).

What would you have them do instead?

That isn't "sabotage". Those are export restrictions.

China also runs adverse competitive industrial policies (e.g., industrial spying, flooding markets). Not making value judgment here.

You have quite the post history BTW.

FWIW, what you will see at times in the HF world is a firm will want to get into a strategy and build competing teams. It lights a fire under both. It diversifies the risk. You can select winner and move some people over from loser. And if they both work, they both work.

It isn't a crazy idea if the opportunity is large enough to make the larger investment required worth it.

The problem I see in applying this to products is it can be very confusing for clients.

After you wrote this, I went and read the article I also didn't see much there either. And wonder why you are getting down voted. And TBC, also not a tesla fan (the truck is dumb).

Most of first class is not paying their own money for those flights.

Perhaps if an ETF holds similar underlying instruments. It is unlikely this impacts Blackrock more broadly or other unrelated ETFs.

Stepping back, the idea with private credit was to move a lot of lending and credit risk taking away from the banks. Because if the bank fails, then it causes risk to the financial system. If a private credit fund does badly, you have sad investors. But the broader financial system is not imperiled.

And there will always be periods where credit does badly. It is the nature of these markets and lending.

TBC, I think the private credit guys got over their skis over the last 5 years and we'll see some sad investors in the next few years.

I'm a long way from embedded development. But I was under the impression a lot of microcontrollers these days have some ID capability built in, even some relatively low-end ones. This strikes me more as laziness than anything.

“When my brother is fourteen, I’m going to get him a job here. Then, my mother says, we’ll take the baby out of the ‘Sylum for the Half Orphans.”

That is quite a quote. Hard to believe that wasn't long ago.

Your numbers make sense from what I've seen in private sector. And meet the common sense threshold as well.

Whether the numbers are either wrong or if that is truly what support costs look like at a university would be interesting to know.

Weird you are getting down voted. And you provided sources for your assertions.

Prices aren’t the problem.

China turning off your transportation is.

What point are you trying to make? I'm honestly not sure. Is it that China is polluting a lot? Or a little? That they are making environmental progress? Or none?

It allows the refrigerator to run two different zones in terms of humidity. Evidently, it really does keep fruits and vegetables lasting longer.

There are two equals buttons?

I think you do a good job of high-lighting the underlying problem.

Which is not being discussed enough.

And that the current situation can go on a long time but not forever.

"And as for your second paragraph, it has that thing I don't understand that so many people seem to have in their brains that if you explain why a thing is true, it is no longer true. I do not understand it."

This is an interesting observation. I've seen the same thing.

I think the clue is in the "it is a choice"...perhaps they are perceiving seeing some sort of judgement being made of Atari implicit in your argument???

In other words, it can be true at the same time that (1) The are not moving on and (2) It is a choice.

And #2 does not invalidate #1.

How exactly do you think JPM would benefit from fake customers???

Growth isn’t necessary for high returns on equity. And it isn’t necessary for the investment to provide a return.

Equity returns ultimately come from risk premiums. (Which are small now in US equities BTW).

I’m invested in a microcap private equity fund that has returned >20-25% for years. They have high returns because they buy firms at 3-4x cashflow. You will get the high returns even with no growth. And with no increase in valuation. The returns are a function of an illiquidity premium.

With Apple explicitly, growth is expected given the valuation level. If it doesn’t grow, the share price will decline. So yes, in their case, firm is certainly under pressure to grow.

I also don’t agree with your “best interest for wages to be high and everyone else’s lower”. That is one aspect. It is more complicated. Consider Baumol Effect for starters.

Think this was posted in the wrong thread?

The account was created 3 months ago. Might be actual person. But also might be troll or bot.

I do know real people that hold views like this, but they also apply similar lens to other large countries with global footprint. So at least a consistent approach.

I worked for a "start-up" in 1994. I was employee number 600. And it had just gone public. The firm eventually had something in the range of 30,000 employees.

Anyway, at that point in 1994, the first 30-50 employees all made $$$. That included the secretaries and receptionists. They were all millionaires.

Something has changed and that is the terms that VCs and Executives have negotiated for themselves. I have not heard of any secretaries getting $$$ in a long time. There is a lot less sharing in the spoils than there used to be.

My experience at HFs is you will get fired immediately if you are a low performer. Immediately.

There are yearly policies you can get if you just rent cars. GEICO has them for example

"That's why almost all European/Japanese brand cars are 30+ years old over there"

This is just completely incorrect. Most of European and Japanese cars are not 30+ years old in the US.

Love that!!!

Those are particular people. Not the US government's actual policy.

But how practical is this? If the next village over is planning on attacking your village. Is creating a weapon for defense still "treason against humanity"?

Navy thought the same thing. And they already have this (e.g., mine that has a torpedo).