What this article is parodying, in case folk aren't familiar https://en.wikipedia.org/wiki/%27No_Way_to_Prevent_This,%27_...
HN user
mrjaeger
I think $10M is right. The options cost $0.04 each yesterday (per the tweet), so spending $22,000 would get you 550000 options. Those options are now worth $18.30 (per the tweet) for a total value of ~$10M.
Broke Rule #2 of Matt Levine's "Laws of Insider Trading": "Don’t do it by buying short-dated out-of-the-money call options on merger targets."
That's actually the inciting incident for the cli-fi book "The Ministry for the Future". Overall I really enjoyed the book, was a good mix of interesting economic/policy ideas interwoven through a compelling character based narrative.
As is often the case, Matt Levine (writer of Money Stuff) had some fun hypothesising about how this might be actually part of his "plan".
'Tesla Inc. is the main source of Musk’s wealth, and his main goal in life is selling lots of Teslas. He has sold all the Teslas that he can sell to coastal elite liberals, and now he faces the daunting challenge of selling electric cars to social conservatives. Acquiring Twitter and turning it into a right-wing media company with himself as the main character might be bad for, like, Twitter ad sales, but that is small potatoes if it is good for selling Teslas to Republicans. “Our cars are electric, yes, but they are free from the woke mind virus” is perhaps a good pitch.'
I don't think Matt (or myself) put much weight into this being his true reasoning, but it's a fun thought exercise :)
Reminds me of Connor Roy's funeral speech from Succession https://www.youtube.com/watch?v=VEdOB9OIh70
Reminds me of a quote from Bojack Horseman I think about quite often (in the show it's in reference to running): "It gets easier. Every day it gets a little easier. But you gotta do it every day. That's the hard part".
From the Complaint (https://www.sec.gov/litigation/complaints/2022/comp-pr2022-5...): "Kamujula met with Sure on April 8, 2020 and later that night began purchasing out-of-the-money Twilio call options."
Clearly not Money Stuff readers!
Do you know how to clear the cache inside of a running Postgres instance? All of the articles online say to just restart the db, but that isn’t feasible in some cases I’ve come across, such as when trying to do testing against a remote db spun up to test against more prod like data. Like you said the query perf against a cold cache vs. something that has had a lot of rows loaded into the shared buffed can be quite different!
Yes but! (1 + 1) * (7 * 3) = 42 =O
Can read all of them in their published protocol at https://www.modernatx.com/sites/default/files/mRNA-1273-P301... under section 5.2.
I've taken Bolt buses now and again, usually to go from NYC -> Philly, which is kind of a pain by train. Didn't even realize they were a Greyhound brand! I'm not a very finnicky public transit user and while not fancy, the buses I was on were usually pretty clean and spacious. I do wish Americans were more willing to utilize buses, as often times they are a very economic way of getting around (both for the individual, the environment and congestion on the roads).
There is a very similar style bus service in Europe called FlixBus that I have fond (nostalgic) memories of as an incredibly cheap way to get around Europe. Was it fun trying to sleep on a cramped 12 hour bus ride? No. But you can't beat getting from Bratislava to Zagreb for only 20 euro!
Would you mind elaborating more on what changed from the first to second time? Did the situation change? Did your perspective/goals/motivation change? I'm currently in my first stint in management and really disliking it, and wondering if/when it might make sense to give it a shot again.
Source?
Looks like its a deterrent to someone using a Taser in a "bad" way:
So in 1993 the AFID system was created. Now, when many Taser guns are fired, they disperse dozens of colourful anti-felon identification (AFID) tags, which resemble confetti and are printed with tiny serial numbers. It would be very time-consuming to pick all the tags up and so inevitably the police are able to find some and trace the (TASER) gun that was used.
https://www.mentalfloss.com/uk/law/31712/why-is-there-confet...
Is there a limit to the amount of money you can withdraw at once?
Just wanted to shout out the Fountain plugin for VS Code: https://marketplace.visualstudio.com/items?itemName=piersdes.... Nice syntax highlighting and generates a live preview as you type which you can then export as a PDF. After trying to format things vaguely correctly in Google Docs for a while it felt like I could finally focus on just writing the dang screenplay!
Not being cynical but genuinely curious: Is that rate of price decrease (15%) expected to keep up in the near/medium term? Is there any sort of Moore's law for battery cost?
As Matt Levine likes to say, everything is securities fraud!
Why was this not submitted under it's original title "The Economy Is Full of Crypto (And Collective Delusion)"? The submitted title is wildly misleading, as the author is not arguing generally that finance has become untethered from productive work, but that this has become the case for certain crypto related use cases.
Very cool! Do you know if this product is currently HIPAA compliant or if there are plans to make it so in the future?
Has anyone read Adaptive Markets? If so would you recommend it? I'm concerned about this line from the article:
Lo’s next step is to develop mathematical models to test the ability of his hypothesis to explain market behavior.
Is there any experimental data to back up his theoretical framework? It's a very tempting idea to buy into (people in general work things out, on an individual level they make a lot of mistakes). I worry about his arguments following logically but falling apart once his theories have been tested.
Similarly menu items in the navbar become unclickable on mobile (or at the very least when emulating iphone6+ in Chrome)
Is there any way to do a bottoms up analysis of infrastructure projects like this and see where the differences come from? I imagine the costs on projects like these are pretty finely broken down, although I'm not sure how one would go about actually getting the numbers to analyze.
Link with context - https://chrome.google.com/webstore/detail/link-with-context/...
Mostly because I wanted to share reddit links with friends, but they didnt make sense without the accompanying title of the post.
There's a really great episode of Linear Digressions[0] (a Data Science podcast) that goes into the different scales of data that exist in the world. Everyone thinks of Google and Facebook as Big Data, but the Australian Square Kilometer Array Pathfinder collects 7.5B TB of data per second!
[0] https://soundcloud.com/linear-digressions/whats-the-biggest-...
In the article Alec mentions it is important to be able to read academic papers properly. Does anyone have good resources for this? I've read some papers before but do not have a research/academic background where I really had to dig deeply into them.
Mike Trout would like to have a word with you, but Bryce Harper is by no means a bad get,
I can only imagine what the liquidation preference on a round like this must be...