jerry80

I think you're missing August 13th. As the other commenter pointed out, 13*28 = 264.

It appears to have 30 days in October and 31 days in November.

Such as?

Many small aircraft are still required, by law, to use leaded gasoline. Meanwhile, leaded gas has been outlawed for use in cars for decades.

What is Google paying for, exactly? Reddit's content is already public. Even free tools like F5Bot are already continuously downloading all of Reddit, and I'm sure they aren't paying $60M.

I installed Windows 11. A couple hours later, I was horrified to find that Windows 11 uploaded all files on my desktop to Microsoft. There's no warning or opt-in. OneDrive is set up by default to silently copy all your files. How is that legal?

I recently got a new Windows 11 computer. I was forced to create a Microsoft account to login in. There is no reasonable option to bypass it. I copied some files over to the Desktop, and I was later completely horrified to realize that Microsoft had uploaded everything on my desktop to their servers (OneDrive). They shouldn't copy all your data to their cloud without making it explicit!

Income tax is specifically prohibited under the original US constitution. The modern federal income tax was enacted in 1913 at 1% for incomes over $3,000 (about $93,000 in today's money). By WWII, we had universal payroll withholding.

Thinking the government will be satisfied with taking only a little bit from the wealthy, is like thinking your drug addicted friend will be happy with only a small bump of heroin on weekends.

You see, the reason you pay so much money on your tax income...

Or is it because government spending has gotten so wasteful? It's interesting to think about how much government used to accomplish with less, or even no, income tax in the past.

You could literally have "firearms, drugs, cats, dogs, alligators, and weapons" in your car and still not be breaking any laws at all. None of those things are a priori illegal in all, or even most, cases.

Reddit has been on a downward spiral for years. I guess they are in a tough spot, because they're trying to monetize it, but the way they are simply ignoring the needs of their users will surely lead to their downfall.

Since you're too busy to do basic research to answer your own curiosity, of course I'll let you know that speeding is a misdemeanor in Alabama, Arkansas, Delaware, Georgia, Iowa, Louisiana, Maryland, Mississippi, Montana, Nevada, Ohio, Oklahoma, South Carolina, Tennessee, Texas, West Virginia, Wyoming. I'm sure I'm missing a few.

Actually, speeding is criminal in many states.

A lot of crimes things require intent. Perhaps using AI could actually circumvent the intent requirement of crime, thus making a lot of otherwise illegal things totally legal.

That is to say, it not only makes it hard to pin responsibility, but actually makes it no longer a crime at all.

The contractors aren't idiots. They got an extra 7 years and a 140% bonus.

FYI, bupropion is not an SSRI. Escitalopram is.

Yeah. OP might be conflating arithmetic mean with geometric mean. This is a common problem that many investors make. I see it all the time.

People mistakenly think that if their investment made 50% and then lost 50% that they broken even, but they're actually down 25% (1.5*0.5=0.75). However, if you invest $100 and make 50%, then invest a second $100 and lose 50%, you do indeed break even.

When OP stated that the bet has a positive EV, it's for a flat $1 bet. Indeed, if you always bet $1 (or any fixed amount), it does have a positive return of $+0.05, and you should take the bet.

It's only when you change it from a $1 bet amount to an "entire bankroll" amount that you're looking at a geometric mean of 0.949 return per bet. That number is simply the geometric mean of the two possible returns, 1.5 and 0.6.

So the actual EV is sqrt(1.5*0.6)-1.00 = $-0.051 per bet (normalized to $1.00).

I don't understand the point this article is trying to make about anything else. The entire effect here is explained either by misstating the problem or by using the wrong type of mean for the EV calculation.

The idea that some lucky people will make money while the rest lose is explained by simple luck. Run the simulation longer and they will all lose out to the law of large numbers.

Fiat means it's backed by a state. The definition and etymology of the word makes it clear [1][2].

I wouldn't go so far as to say that fiat must have "actual utility" though. Being forced to use a currency in order to avoid prison time is more like extortion, rather than utility.

Crypto isn't fiat, though, in any case.

1. https://www.merriam-webster.com/dictionary/fiat 2. https://www.etymonline.com/search?q=fiat

It makes a lot of sense to specify energy in Wh in electrical engineering. It's much easier to convert to other useful measurements involving volts, amps, and watts than joules are.

Easier how? A watt-hour is just 3600 joules - the number of seconds in an hour.

1 joule = 1 volt * 1 amp * 1 second

1 watt-hour = 1 volt * 1 amp * 3600 seconds

The post is about SO, the top comment is complaining that the moderation is too strict and draconian, and the second comment is this one complaining that the moderation isn't enough.

They're both right. SO is moderating on the wrong things.

Google isn't forcing anyone to use ReCaptcha, but in my state many government websites use it. So I actually am forced to use it. This is even more true with Covid, where many in-person services have transitioned to online-only.

What's worse is that ReCaptcha isn't an honest CAPTCHA. Instead, ReCaptcha relies in large part on building a tracking profile. If you take privacy enhancing measures, such as clearing cookies and using a VPN, then you can't pass ReCaptcha. It will present you with a endless loop of "please try again" no matter your answer.

I would take a long-term short on it. I've been using Reddit for 12 years (just checked my badge), and it gets a little worse each year. I just don't see it being relevant in another 12.

FYI, eTrade is still allowing these trades. I sold a put on AMC just now.

Would the person holding that last 1 share have suddenly 100% of Apple?

Yes!

Sorry, but you don't understand how stock buybacks work.

The purpose of a stock buyback is to reward shareholders by increasing stock price. The increase is caused because of the reduction in float. Each share represents more of the company after the buyback than before. [1] If that wasn't true, then the share price wouldn't increase, and there would be no reason to do a buyback.

The bought back shares could be kept by the company as treasury stock, but the company can't vote treasure stock or pay dividends. [2] The outstanding shares represent 100% ownership of the company.

So to say that stock buybacks make companies less "beholden to shareholders" compared to dividends is just wrong. Dividends and stock buybacks are exactly equivalent except for tax treatment (and possibly market pressure).

[1] https://en.wikipedia.org/wiki/Share_repurchase [2] https://en.wikipedia.org/wiki/Treasury_stock

Yes, and the manipulation doesn't only affect Robinhood customers.

Why do you say they're less beholden to shareholders? Regardless of how much they buy back, shareholders still own 100% of the company.

DFV also has a YouTube channel called RoaringKitty [1]. It's pretty entertaining.

[1] https://www.youtube.com/c/RoaringKitty/videos

Yes. Plaid can be used to verify banking details (many stock brokers use it for this, for example).

Plaid works by asking the user to give their banking username and password to Plaid, and then their two factor authentication token too. Plaid logs into their account behind the scenes to verify ownership.

Plaid claims to not store this info, and I assume that they don't, but it still seems like one of the biggest security anti-patterns ever. If nothing else, it's training users to ignore the "don't share your password" warnings. Do we really want users trained to be more susceptible to phishing?

Same thing happened to me when I changed ISPs. I never lost my password, but Gmail locked me out anyway.