HN user
If I’m having a convo with someone and they drop in “honestly” I immediately discount everything else they’ve said, and what follows.
Sometimes people use it reflexively and doesn’t carry the same meaning (for me).
Same experience here. I’m able to grow the business faster for sure.
Really, that’s the term they use?
Man, I’d feel like a child if my boss gave me an “allowance”.
Wasn’t aware. Thank you.
Variance in time horizons explains a lot of corporate behaviour.
And it’s rational. We all have limited careers.
I think that all makes a bit more sense as we get older. Optimising for short time horizons is not what I strive for, but explains things.
“Allowance” has tipped me off / provided a hint perhaps?
If I was younger and had less budget but (presumably) more time, I’d love to be learning about the harnesses and squeezing more out of the open models.
It’s probably generally true that our obligations increase as we get older and the constraints shift around. I’m really enjoying how the frontier models make me more productive, as I figure out how to use them, so have more wiggle room on cost but less time.
Anyway… being nostalgic but I suspect I learned a tonne when cost was the constraint, but was less “productive”.
Especially in the medical field where the placebo effect / mindset shapes outcomes.
Umm… a simpler explanation is that supply takes a lot longer to ramp up than demand.
See analogues in oil booms (then busts).
Agree not “necessarily”
If the company is going down in flames I’d say that’s a loss in productivity.
The world we live in… 10x revenue is a “steal”.
Lots of embedded assumptions about growth and margins to convert that revenue multiple to discounted cash flows.
Repeat of the cycle where companies moved to the cloud, now locked in.
Move engineering to Claude, then locked in.
What’s played out at the infra level will now play out at the software engineer level… is that analogous…?
Dictation tool which works better than the built-in Apple functionality, for my use cases.
Bc my version uses simple copy/paste rather than deeper OS integration, it works more reliably in the Claude Code terminal (has to do with active windows or cursors or something). And bc it uses local Whisper, I also find it transcribes technical words such as “git” more accurately.
Nothing technically challenging but practical for me.
They do track the index. The leeway to deviate is not intended to make bets on individual equities, but to - for example - match index returns with fewer execution costs.
For example an index fund that tracks a global equity index may not find it practical to own shares in every listed company globally, but absolutely will be judged on its tracking error vs the benchmark index.
That’s interesting. Being in the market now does shine a light on the difference in the businesses and says “we are here too!”…
I think you’re spot on. If you think they know what they are doing, then why are they selling shares now instead of issuing debt? They must either be maxed out on debt issuance or believe the cost of equity (future equity returns) are low.
I think this perspective benefits from experience, the ability to step outside one’s self, see that the world is complicated, then focus on the thing you enjoy.
As much as I agree with you now, I also accept that younger me wouldn’t have!
Very well said.
For a given transaction after the fact that’s true.
But consider 5 people wanting to buy Richards 1 car.
I think that’s actually what they meant… although I agree w you.
The confidence and trust accumulated by the users is paramount. I think that’s what we are talking about here.
I see. Thanks
The post you’re referring to doesn’t even include “89%” or “idle”. I’m not sure I understand the point you’re making then rebutting.
So in summary… it’s fun when you do it but “weird” when others do the same.
This is life. We discover things for ourselves, on our own time.
Are you American? What does that mean to you?
My processes are going faster.
My company is able to prototype and develop faster, no doubt. Obviously need to use the tools effectively and have the right people. This is true for any business.
Silicon Valley has really screwed up here. They are so obsessed with their own importance (this kit is so powerful it can destroy the world!) they have failed to sell/inform the average joe.
It’s a tool. And the next generation probably benefits from learning how to use it effectively.
The hype has gotten in the way of reality.
Jeez. It happens all the time in the normal world.
didn't winamp look like an... amp?
You realize you can no longer trust the codebase.
This cuts to the problem and is excellent framing. A rogue employee can achieve the same, but probably less quickly, and we've designed systems to help catch them early.
I remember reading once that the biggest predictor of friendship/relationships was physical proximity. And a book about a spy who built a relationship with and turned a diplomat by appearing at/around the same grocery store repeatedly, gradually building familiarity then trust.
I often think about these examples. And as much as hobbies etc are good ideas, I think one could start even simpler - walk the dog at the same time every day. Or drive to get a coffee, hang out there for 30 mins, etc. I find a change of scenery helps me too, as well as a routine, to lift the spirits, and those chance encounters will repeat.
As an idiot, I am very aware that Claude can help me, but also very aware I am not an experienced SWE and continue to seek out their views.
Why "rolling"? Is this a reference to baking or what's the origin?