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daneyh

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I don't have to tell you things are bad. Everybody knows things are bad. It's a depression. Everybody's out of work or scared of losing their job. The pound buys a pence's worth; banks are going bust; shopkeepers keep a gun under the counter; yutes are running wild in the street, and there's nobody anywhere who seems to know what to do, and there's no end to it.

We know the air is unfit to breathe and our food is unfit to eat. And we sit watching our TVs while some local newscaster tells us that today we had fifteen homicides and sixty-three violent crimes, as if that's the way it's supposed to be!

We all know things are bad -- worse than bad -- they're crazy.

It's like everything everywhere is going crazy, so we don't go out any more. We sit in the house, and slowly the world we're living in is getting smaller, and all we say is, "Please, at least leave us alone in our living rooms. Let me have my toaster and my TV and my steel-belted radials, and I won't say anything. Just leave us alone."

Well, I'm not going to leave you alone.

I want you to get mad!

I don't want you to protest. I don't want you to riot. I don't want you to write to your Congressman, because I wouldn't know what to tell you to write. I don't know what to do about the depression and the inflation and the Russians and the crime in the street.

All I know is that first, you've got to get mad.

You've gotta say, "I'm a human being, goddammit! My life has value!"

So, I want you to get up now. I want all of you to get up out of your chairs. I want you to get up right now and go to the window, open it, and stick your head out and yell: "I'm as mad as hell, and I'm not going to take this anymore!!"

whoa, that is a lot of caffiene. I'd probably try to taper down over a longer period, maybe 24/36 weeks rather than cold turkey cutting completely....Come up with a plan with glide path down. Cut the monster energy drinks first they are absolutely dreadful for you not just from the caffiene but due to the artifical sweeteners and colours.

Most equity/preferred shares are considered perpetuities (i.e as long as the company is in business)

There are many many perpetual bonds still being issued today however they tend to be 'callable' at the option of the issuer ...most after 5/10/30 years, if they aren't called then they maybe called on the same date every 5yrs or so (so I don't really count them as they aren't really 'forever'.

Oxford and Cambridge Universities in the UK have recently issued 100 year 'Century' bonds in GBP. Thats the longest i've seen recently (I cover EUR/GBP bond markets at work)

Two which i've subscribed in print form recently:

Monocle - Really a general affairs magazine particularly focussed on Urban design, travel, technology, business and current affairs. Global editing staff. Produce some nice podcasts as well.

Courier - Startup focussed in the UK but i find it generally informative and attractive style to it.

Typically i'd agree with your sentiment. Unfortunately I remember what getting around was like pre-Uber and that unregulated minicab companies are no better for workers exploitation or working rights and passenger safety...where is TfL(Transport for Londons) action on those firms? or the many uber clones that have popped up recently (Bolt, Kapten et al.) Uber is really an easy target for them. The alternative is the black cabs who are apparently the safer/regulated option however the number of times in my early 20s catching black cabs and not seeing any driver registration and having their card machines constantly not working and paying sky high prices in order to pay for their obsolescent knowledge test and fume producing diesel chugging machine makes me really sad at the thought of returning to this. Hopefully uber can clean up their act and get something sorted as seems to me the consumer is the loser in all of this.

I've really enjoyed my 20hrs+ playing fortnite without spending any money through the platform. I'm happy for other people to pay for useless items and subsidise my experience.

just criticizing companies who do stock buybacks to artificially inflate their share price in a down market. My argument has nothing to do with profits or dividends or ownership, just share price.

There is nothing inherently wrong with performing stock buybacks, from a cashflow perspective it is equivalent of paying a dividend, in fact it can be prudent from a tax perspective. You did imply that it is a continuous process when you suggested:

when the money runs out, the buybacks stop

Performing a stock buyback based off the proceeds of debt in a down market makes perfect sense actually because you can significantly reduce your cost of capital if you believe your future cashflow will be strong enough to continue making coupon payments. You can issue debt at say 3.5% and buy out shares that require 7% cost of capital and as long as interest rate and credit risk don't drastically deteriorate significantly increase the value of your company from a simple capital markets operation.

must've been a painful year. I tire of these books that force 350 pages out of something that can easily be explained in 20 pages.

Grit by Duckworth is probably the worst example of this. Overhyped trollop

It's strange, excel and greenscreen pricing grids could do 100x-1000x what a traditional pen and paper cash trader could do in the 80s, but trading/technology headcount increased massively since then.