112012123

8 ms·

1.
by 112012123 6y ago
As someone that had a similar experience with Transferwise (actually also a 5k transfer), I'll give you a piece of advice: sue them. In the US, you can file a small claims easily and without a lawyer. Some jurisdictions will even let y
2.
by 112012123 6y ago
Wow - that's a remarkably large number of containers. If my math is right, just about 25% of a full load on this ship. Half-submerged containers can be pretty insidious navigation hazards. Hopefully nobody ends up hitting them before t
3.
by 112012123 6y ago
Correct - vessels on US cabotage-restricted routes will always be registered (and crewed etc) in the US.
4.
by 112012123 6y ago
Depends on the jurisdiction. In many countries, yes there are insurance requirements. Even in ones where there aren't, most vessels owned by larger companies carry insurance for the same reason anyone else does. On the other hand, sinc
5.
by 112012123 6y ago
This is definitely a super interesting company/approach - thanks for the link! I'm definitely curious as to whether they're actually using things like neural nets (or any other more-sophisticated technical techniques). The tr
6.
by 112012123 6y ago
Interesting. Overall, I agree with everyone else - Affirm looks like a healthy company. Major takeaways: 1.5% write-off rate for their jan 2020 vintage is very healthy - comparable to the long-term trend for unsecured superprime consumer de
7.
by 112012123 6y ago
It definitely depends heavily on the market you're living in - some are very heavily subsidized, others are not. As a counterpoint, I recently had a $30 off promotion for uber eats. Ordered a couple of hamburgers, and the food tab cam
8.
by 112012123 6y ago
This is a little different than what Lehman got in trouble for in the US. During the financial crisis, the core issue is that banks were making loans off their own balance sheet with reserves too small to cover the losses that eventually oc
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by 112012123 6y ago
Basically, when you purchase something with a credit card the bank fronts the money to the merchant and bills you for purchases later. If a transaction is fraudulent, either the merchant or the credit card company take the hit, and you&#x27
10.
by 112012123 6y ago
Interestingly, this is pretty much the split we've seen regarding terrorist hostage-taking in North Africa. While European governments have generally paid ransoms for the return of their citizens, the US Government steadfastly refuses
11.
by 112012123 6y ago
Your read is exactly correct - the frequent flyer costs aren't 'fully loaded', and accounting rules in the US have changed to more fully account for these costs. That said, the logic behind structuring the rules this way isn&
12.
by 112012123 6y ago
The airlines have successfully squeezed banks a good deal more than that! At this point all the US-domestic carriers are charging their bank partners over 1 US cent per point. Source: Have negotiated these deals with airlines
13.
by 112012123 6y ago
At least on an accounting basis though, airlines do actually make remarkable profits on their frequent flyer programs. In 2015 or so United disclosed their FFP business was earning ~67% margins, as against ~2% for the rest of the airline. I
14.
by 112012123 6y ago
That is an excellent question - and one that I don't know the answer to. It's something we're looking into. Incidentally though, the FAA minimum liability coverage for a widebody is $750 million, and the policies I've se
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by 112012123 6y ago
More complicated than buying a used car, but not horrible. The biggest issue is getting seller alignment. On the cash front, ferry flights to the US are the biggest expense by far. A 777 burns ~$10,000 in fuel per hour, so positioning from
16.
by 112012123 6y ago
Afraid no link - I'm actually in the process of buying 777s right now at a bit less than that (and then hopefully flipping for 5 apiece). Fresh out of a heavy C check, too. But if you're curious re:prices, you can call the dealer
17.
by 112012123 6y ago
They're worth a good bit less than single-digit millions. For context, you can pick up an airworthy 15 year old 777 right now for ~5 million dollars. Last time I spoke with a widebody broker a few months ago, an old 747 with no equipme
18.
by 112012123 6y ago
In addition to the 11%, GM is also slated to earn up to 700 million dollars in cash.
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by 112012123 6y ago
Well, the liquid ban was added because some terrorists were caught trying to smuggle liquid binary explosives onto airplanes (with the plan to mix them in-air, then detonate them). Some airports are repealing the liquid ban now that they&#x
20.
by 112012123 6y ago
It's a bit nebulous, but as a rule high-annual-fee/interest rate rewards cards are built around this model; the higher the annual fee, the less interest income a bank expects to earn. Issuers tend to specialize, too. For instance,
21.
by 112012123 6y ago
This depends on the card. For subprime cards, it's true that late fees and interest charges make up most of credit card companies' revenue. But in the premium market segment that he's talking about, ~90% of revenue comes from
22.
by 112012123 6y ago
A really good point! I'd run a bit in the past - though not to this extent - and it's amazing the degree to which injury management becomes a part of running. I'm definitely an amateur compared to most people, but I've a
23.
by 112012123 6y ago
I think it heavily depends on the individual. Personally I've gone from nearly sedentary to running ~35 miles per week (and lost ~15 lbs in the process).
24.
by 112012123 6y ago
Depends heavily on your building. At my last downtown SF building, I paid ~$40/month for a symmetric gigabit fiber line.
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by 112012123 6y ago
Well, it was due to cost cutting! The point of using an in-house solution was that it was cheaper than buying a reservation system.
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by 112012123 6y ago
These guys do use Amadeus on the backend to manage their ticket inventory. Specifically Amadeus Altea - though you are correct that they try very hard to avoid paying GDS distribution fees for selling tickets through the GDS third party sal
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by 112012123 6y ago
Definitely depends on the airline. The big US carriers all have their own systems, but the vast majority of foreign carriers use a GDS on their backend. It's just not worth building in-house unless you're at very large scale.
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by 112012123 6y ago
Yes. It depends on your salary, but given the current covid crisis, most airbnb technical employees are eligible for around $4200 per month for 26 weeks.
29.
by 112012123 7y ago
http://glenweyl.com/
30.
by 112012123 7y ago
This is definitely politically motivated. I was with a (Chinese citizen) friend when airport security found a few rounds of ammunition in her baggage, and the guards just shrugged and confiscated it. No further issues.

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