pbk1

I went on a road trip through Southern NM a couple years ago. Highly recommend stopping at Gila National Forest - it's a certified "dark park", remote enough from sources of light to see the Milky Way with the naked eye.

One thing that struck me - towns down there had a template. 90% of towns we drove through were just a blood plasma "donation" center, a dollar store, a gas station, and a cemetery. Very bleak existence out there, oil and gas boom notwithstanding.

IIRC you can use Racket base so long as you define the “atom” function per the book authors

if housing is far and away the best investment you can possibly make, both in the short, medium, and long-term.

citation needed? genuinely curious - are there studies about long-term returns from housing vs. other asset classes (namely public equities)?

While we're talking about funding basic research - how come these independent institutes and government funding agencies don't get equity (warrants, options, whatever) in the entities that ultimately commercialize and patent this research?

I reckon they probably take some cut as a licensing fee, but seems like participating in the upside would create significant incentives over the current regimes.

I don't know where you live but it's been decriminalized in plenty of places in the West, so even if it's not fully legalized the worst you face would be a nominal fine, not getting arrested.

Setting aside the environmental concerns (which are important, and indirectly health-adjacent), are there material health reasons to eat organic? This Mayo Clinic article [0] points to pretty minor improvements, would love if someone could point me to evidence substantiating OP's claim, or maybe which products in particular are materially healthier if produced organically.

[0] https://www.mayoclinic.org/healthy-lifestyle/nutrition-and-h...

You can accelerate 5-10 years to 3 months using pay for citizenship schemes. For example Grenada has one where you get citizenship and a passport in return for "donating" $150k USD to the government. Grenada's is interesting because you get visa-free access to China. Antigua and Barbuda are running a "50% off sale" (I kid you not..) where the cost is only $100k USD (normally $200k USD)

Lenders can and do buy this kind of data to underwrite their borrowers (credit cards, BNPL, student loans, mortgages, etc.). They don't need to get it from credit bureaus. Anyone who is underwriting off of bureau data alone is a decade (or more) behind state of the art at this point.

Don't worry, his newsletter providers are deplatforming him too.[0]

[0] https://disrn.com/news/email-provider-suspends-trump-campaig...

In China it's referred to as 中国特色社会主义, which means "socialism with Chinese characteristics"

Look into the TIP[0] skill from dialectical behavior therapy. In particular I've found the cold water triggering a dive response[1] very effective at calming me down when I face acute anxiety.

[0] https://en.wikipedia.org/wiki/Dialectical_behavior_therapy#D... [1] https://www.bustle.com/p/what-is-mammalian-diving-response-t...

0.6% compounded for 30 years would be barely $1.02M

I don't think 30% is unreasonable, nor would it require them raising that much cash relative to a company of their magnitude or

Back of the envelope math: Majority of their portfolio is very short term, let's assume 6 months duration which is a 0.5yr weighted average life 300B in annual originations Assume they can get similar leverage as US securitization markets, which would be 95% advance rate (5% "skin in the game" for Ant)

Then the equity required would be: 300B0.530%5% = ~2.25B, and they were planning to raise $30B as part of this IPO

There are generally many APs for a single ETF or family of ETFs. Historically they have been the ETF desks of large banks[0], more recently marketing making/trading firms have build out ETF AP capabilities[1].

[0] https://www.investopedia.com/terms/a/authorizedparticipant.a... [1] https://www.janestreet.com/what-we-do/etfs/

FYI - Keith's response is in your link; he responded before you wrote this comment

The opening of this article references Hokusai's "Great Wave" woodblock print. There's an easter egg in this print I never noticed, which is that Mount Fuji is nestled in the trough of the wave.

Learned this from a great NYT article on Hokusai focusing on another print from the same series: https://www.nytimes.com/interactive/2020/08/07/arts/design/h...

I interpreted the inclusion of party affiliation in parentheses as indicating this has bipartisan interest

People didn't "panic", but the markets and industry did certainly react to his ideas and behavior - the pharma company he ran (Valeant) tanked and he was ousted as CEO.

No experience myself but you might be interested in this subreddit: https://www.reddit.com/r/algobetting/

Can someone ELI5 why PiHole is preferable to an in-browser blocker like AdBlock Plus?

Building on this, I think good technical skills will definitely help get you in the door but won't get you that far up the ladder if your ambitions are management/executive track. And that's not for everybody, which is why larger companies have built individual contributor tracks.

Social skills in a career context are not just getting along well in the office and being able to make small talk in the snack room. It's about creating a strong and deep network, and as an engineer, being able to interface effectively with business and other stakeholders on a social level. It's also about seeking out, recruiting, and fostering new talent, moreso at growing companies. I work at a unicorn tech company and very few engineers meet these criteria.

this seems pretty doable - why haven't you made this move yet?

"Keep Talking and Nobody Explodes" is a VR-enabled videogame [0]

[0] https://keeptalkinggame.com/

Broader access to securities-based lending (NOT margin). Hearing a lot of people selling parts of their portfolios to fund themselves or their families during the crisis, obviously this is a very inopportune time to be liquidating. Would be a lot better if they paid a fairly nominal interest rate (2-4%) to fund their short term demands instead of being forced to sell to generate cash. Not advising people people take loans against >50% of their nest egg.

Under this definition, it would seem as if Andreesen Horowitz is not anywhere close to a top decile fund[1]. Does anyone know which ones are? Data on VC returns seems hard to come by.

[1] https://www.theinformation.com/articles/andreessen-horowitz-...

The parent is referring to a pension plan, which is generally guaranteed income for life after a certain amount of service. If you leave or are fired prior to the service requirement, you could lose all or part of the pension. Just want to note in the US these are usually offered to public sector workers - e.g. teachers, firemen, police, military, civil servants. I don't know of a private company that still offers pensions.

Separately we have retirement savings programs (usually called a 401k) that are offered by private sector employers, often with a match. Employees can invest a percentage of their paycheck in the program, and companies will match that contribution to a certain level to incentivize savings. When you leave the company you can keep the account or roll it somewhere else. Unfortunately these contributions are capped by federal law at no more than $19,500 per year per person. There are tax benefits to the 401k - you can choose to pay tax on the contribution when you make it and pay no income tax on those funds in retirement, or not pay tax now and pay income tax in the future. This is a lot better than investing in a taxable brokerage account, because you get taxed on the income as well as the securities.

In addition to the withdrawal rate as others have mentioned, the prudent approach to retiring now would be gradually changing their allocation to a less risky mix over the course of several years. Had for example they rotated some equity into a modest amount of Treasuries, that portion of their portfolio would actually be doing well right now (see for example $TLT).

It's kind of the opposite - funds take relatively concentrated positions using a lot of leverage then install new management or hire consultants to make the company more profitable (on paper at least, and usually by cutting costs).

Also, VC returns are distributed according to a power law because most startups won't pan out. Private equity buys companies later in their lifecycle, banking on levering up stable operating cashflow rather than banking on the product becoming the next FAANG unicorn. There's a bit of a continuum between VC -> Growth Equity -> Private Equity.

How would your response change if the shortage of "good" developers stops? Or when they decide 2 "bad" but cheap developers cost less than 1 "good" one?