HN user

trepanne

125 karma
Posts0
Comments48
View on HN
No posts found.

Authentic Texan-ness is manifested by the slogan that used to be painted on the side of Goode Company BBQ:

“You might give some serious thought to thanking your lucky stars you’re in Texas.”

And Kinky Friedman.

Your NM friends have better Spanish than anyone else in this thread.

Meanwhile, my fellow Texans have famously bastardized “chile con carne” to refer to spicy beef stew, and would tend to specify “chili pepper” to refer to the actual fruit itself.

That said, I can't think of a situation where degrees (of temperature?) would disappear in a mathematical operation.

I regret that the decades that have elapsed since I studied physical chemistry & thermodynamics don’t permit me to make a proper answer, but if you want this to make sense I believe you should look many orders of magnitude smaller- Boltzman’s derivation of the ideal gas law from Newtonian mechanics using statistical methods.

Temperature is basically thermal density; it’s not really a fundamental unit. Chemical engineers use steam tables all the time to convert temperature to heat or other quantities.

You guys are familiar with how we arrived at this particular regime of mispricing risk, right? It’s preferable to the alternative. This is why banks are tightly (but imperfectly) regulated.

Similar observations apply to that more fundamental instrument of mispriced risk - limited liability business entities. The worst possible arrangement, except for all the others.

Personally I prefer to tilt at the windmill of the asymmetrical payoff diagram of US CEO compensation structures. While it’s still the case that nobody much cares about my opinions on the subject, this one at least has less of an aspect of battle-tested socioeconomic optimality.

It is news to me that websites can so easily be coerced to fork over user data by private citizens prosecuting fairly petty civil actions. Is this about par for the course in European jurisprudence, or a high water mark for right to due process in the digital age?

The first order effects seem pretty benign, even salutary - but I’m not sure the court really thought through all the implications here.

Is the Dutch legal system inviting themselves to become a party to every single he said/she said drama on Facebook?

What will Facebook need to do to extricate themselves from such an odious entanglement?

As high as engineering director candidates still need to pass a coding interview (at pretty relaxed standards), and write code to clear tasks in bootcamp (just a few). If you won't get your hands dirty, even a little, to send a signal & land a job, then either you don't want it or you'd be a bad fit for it.

Terminology: in the tax preparation industry, "pre-tax" and "post-tax" usually only refer to contributions (not account types) that are or are not (respectively) excluded from current income. Earnings in the account over time are either tax-free or tax-deferred (depends on account type and what the distributions of said earnings are eventually used for), and distributions are either taxable (possibly with penalty), or tax-free.

This is all true as far as it goes. However, if you've ever had to do any work for one of the trust custodians, you'd be keenly aware that DOL regulations require that all the different types of contributions be segregated into different accounts - or if you physically commingle the funds, you have to account for them separately on your own books.

So there are in fact different accounts for pre-tax & post-tax... except it's actually more like pre-tax employee contribution, pre-tax employer match, pre-tax employer profit-sharing, post-tax employee contribution, post-tax excess contribution, etc. etc.

These different account types are used to track the tax character of the eventual distributions. If you didn't have different pre- and post-tax accounts, it would be a frickin' nightmare to prepare forms 1099-R

Out of interest, how does this work? In my ignorance, I'd have imagined a number of different chemicals with similar properties DMT that would also dissolve in the naptha.

Sure, that's right. The extraction step ... converting alkaloid salts to free base, mobilizing to nonpolar fracton... would indeed give you a mix of chemicals; DMT is not unique in its electrical properties in this regard.

The following step (crystallization) dramatically bumps up the purity of your sample.

In aggregate, shareholders don't lose money.

Happily, the FASB isn't fooled by this particular sleight-of-hand. Not anymore, at any rate; they quit letting themselves get bamboozled by Silicon Valley flim-flam accounting for options more than 15 year ago.

If the shareholders have constant ongoing dilution due to continual share issuance, they have run just to stay in place. This is pretty straightforward, and what the GAAP are communicating to FS readers. You have a comp expense, of course (you gave something valuable to an employee instead of selling it for cash), and you also have the dilution, without even getting the cash in return. It's the only appropriate way to account for it.

It is a very expensive form of compensation.

Selling stock doesn't impact the income statement; it is NOT revenue. It is capital raised. Your series of transactions would net to debit expense $1B, credit equity capital $1B. It would definitely fuck up your earnings, as it should.

Stock compensation is compensation and should be expensed. It's not just GAAP, it is plain common sense.

The dilutive effect on EPS isn't any kind of double-counting. It's just a proper accounting for the way the shareholders are constantly bleeding value to sustain normal operations.

I followed the tenets laid out in this article to provision a home router on NixOS... only difference is I used BTRFS snapshots instead of ZFS (which would have been pretty heavyweight for a packet filtering appliance).

It's a pretty great system for such an application. All the details of all the specialized, rarely-touched, hard-to-remember moving parts (nftables syntax, dual-stack DNS resolution, RS-232 serial connection parameters, etc. etc.) are all neatly collected under /etc/nixos for future me to puzzle out... and under version control, backed up offsite. It would be pretty easy for me to swap out failed hardware or upgrade it.

I wouldn't mind getting more infrastructure set up on these lines, and then maybe figure out a good setup for NixOps.

It wasn't too bad learning a little Nix to keep the configs DRY, modularized and parametrized. I find the results clean & readable, even though I'm hardly a grade-A FP propellerhead.

My main complaint was that nftables rules need to be expressed as dead strings instead of proper objects in the Nix language, which limits their composability. This would be a nice thing for the wish list.

I have been pretty damn consistent in saying that this clearly belongs with FINRA and/or FDIC

Naw dawg. FDIC isn't a regulator. You were perhaps thinking of the OCC? Their jurisdiction is just over banks.

And you have to understand that the entire framework of securities & exchange law sets up SEC as the regulator of all that shit. It's, like, explicitly laid out in the 33/34/40 Acts.

Wall St. guys (exchanges & broker dealers) have managed to carve out a little relief and petitioned SEC to allow them to regulate themselves for some annoying bureaucratic stuff.... but for anything major, the SEC steps right in and asserts their jurisdiction.

For example, if you're arguing that cryptocurrency-related lending is in fact some sort of securities lending, then it clearly falls under Rule 15c3-3 under the '34 Act.... which, you will note, is promulgated and administrated by the SEC. It's what they do. The SEC gives marching orders to FINRA, and then FINRA codifies some policies & procedures. If FINRA is fucking up, or they don't want to handle it, then the buck still stops right on the Commission's desk.

Thanks for the recommendation, always happy to see people getting use out of ofxtools.

Unfortunately, it's far from true that all institutions supporting Quicken downloads can be found via ofxhome. That list was originally sourced from parsing MS Money API, and has been only sporadically updated in a manual case-by-case fashion. Also ofxhome is set to go away pretty soon.

But we do what we can

We have that Lodge cast iron wok too, but don't use it for stir-frying... very clumsy. Instead we use it for deep frying - a task for which it's better suited than any-other our other vessels.

We do our stir-frying on a regular 14 in carbon steel wok, nothing fancy. It does take a bit more oomph than most American gas stoves provide, but we've had good results by ponying up for a Bluestar range [0] which outputs 25K BTU/h ... well short of what you see in Chinese restaurants, but on par with Western commercial stoves.

Actual Asian households don't generally cook on fancy restaurant stoves, and yet somehow manage to stir-fry satisfactorily. The trick is they use propane, which has about twice the energy density of natural gas. So it's a lot more effective (and cost-effective) to use a turkey fryer/crab boil burner to do your stir-frying, if you can swing it.

[0] https://www.bluestarcooking.com/cooking/rangetops/36-platinu...

My choice is Panasonic Toughbooks - the "business rugged" models, not full-on military/law-enforcement tanks.

They're as thick as a Tolkien book and weigh several pounds. They don't have 4K screens. If those tradeoffs are acceptable to you, they excel on pretty much every other metric. They use high-quality standard parts; Linux drivers available for all devices. The design has a high degree of modularity/repairabiity; they're even more field-repairable than Thinkpads. And of course they really are fairly rugged; I can vouch for their being toddler-proof.

It's easy to get these configured for craft personnel; the one I'm using now has RS-232 and MM fiber interfaces... not to mention VGA and SmartCard. No dongles here!

Not to mention all kinds of standard security features... hardware kill switch for the radio; Fn hotkey to immediately blank the screen; quick-release HD cage so you can take your disk with you when you go to the restroom.

They're great machines.

It's a little difficult to parse meaning out of this article... a hit piece by a candidate for municipal office attempting to smear an incumbent with willful distortions.

If GE made $1B here (which I think is a total guess, stemming from American Industrial Partner's self-described focus on the middle market), it was from selling "corporation" not "data". "Wall St" in this case means PE not HF. There's a hand-wavy attempt to link this transaction to California DMV's sale of data, but the two cases aren't remotely similar.

The interesting part is actually the PDF of the San Diego "intelligent lighting" contract embedded in the article; they've highlighted the main points. Section 7 of the contract says that San Diego owns the raw data, while the vendor owns the processed data free & clear to do with as they please.

So this in no sense represents San Diego selling "footfall data" to HF, but it is somewhat eyebrow raising.

Corporate charters don't generally include clauses requiring that profits be maximized, profits be disbursed, and executive pay be approved by shareholders.

Rather they tend to include maximally expansive language such as "all business activities legal in the state of XXX". It's a placeholder, delegating responsibility to the directors to the greatest extent permitted by law. This is the standard, for good reason.

Are the charitable donations of the Fortune 500 evidence of widespread violation of fiduciary duties?

Eight Tons of Punk 7 years ago

"Equally, if you're doing exactly what the hell you want without worrying about it being a commercial success or not, isn't that about as raw and real as it gets?"

Punk had specific ideas about what qualified as raw/real, and it was a lot closer to "shock the bourgeousie" than to "raising capital to create web apps". We can't claim everything we like under the banner of punk, strictly speaking. If you're not within spitting distance of someone disrespecting an authority figure, how is it punk?

But sure, the core ideas underlying punk are far more universal than punk rock itself. I've known people who claim Jesus as a punk. There's an argument to be made!

Just to draw some semantic boundaries as I see it:

Meat Puppets I - straight punk Meat Puppets II - getting tired of the limitations of hardcore. Half punk, half not. Up On the Sun - not punk. Closer in spirit to R.W. Emerson than "Jesus Entering from the Rear".

Same guys, same attitude, kept it real, grew out of punk.

Modern Lovers - punk before punk was even a thing (like, say, the Undertones). Jonathan Richman - not punk. Same guy, pretty much the same attitude, grew out of punk.

In fact Jonathan's got a very charming bit about growing out of punk:

https://www.youtube.com/watch?v=t_SYDA-jVPg

Fun to reminisce. Anyway, back to the 21st century and the bourgeouis concerns that occupy my sellout life (having failed to live fast and die young).

Eight Tons of Punk 7 years ago

"Wouldn't that literally mean that as soon as you're successful/make money you're not a punk anymore?"

That school of thought was definitely well-represented in the punk scene, although I don't subscribe to it. There was a strong streak of self-destructiveness in punk.

The money itself isn't really the point, it's more like what you do to get it. Punk was about DIY, staying raw & real. Graduating from independent labels & playing for the scene into major labels, college radio, and playing for the masses is pretty much the opposite of that. That's when Green Day moved on from their roots.

I'm not hating on them; I'd very likely have done the same thing in their shoes. It's just not punk.

OTOH, DKs, Minor Threat, Bad Religion... their members continued to make their way singing that Sinatra song (although happily not ODing on smack). They're a good example of how to do it.

Eight Tons of Punk 7 years ago

Whether Green Day is punk is debatable... probably mostly centering around whether you think punk is a musical style or a philosophy.. but I'm really just saying that it's not really debatable that the Sex Pistols were punk, since the term "punk rock" was pretty much coined to describe what they were doing.

I don't think Green Day counts as punk rock, because actual punk rock was about a lot more than the music... so Survival Research Labs, f'rinstance, was definitely punk in my book... and so were Nazi skinheads, although they sucked. But as you say, opinions vary.

If you've read the Monkees writeup in "Punk", it's a snide hit piece the thrust of which is "these guys represent everything we're not". Punks hated hippies, and fake Madison-Avenue canned hippies were considered about the lowest of the low.

Personally I'd rate the Monkees a bit better than that, once they started dropping acid... anybody who gave me Head surely can't be all bad!

Eight Tons of Punk 7 years ago

Pretty much. Malcom McLaren's svengali ambitions notwithstanding, commercialism ain't punk.

The real germ of punk rock was pretty close to "Fuck Thatcher's England and Reagan's America, and all they stand for".

Here's some actual punk rockers participating in the music industry...

https://www.youtube.com/watch?v=Gm0t99WmSCM