arbor_day

7 ms·

1.
by arbor_day 8mo ago
It's not that EVs are a commodity. Competition and speculative production capacity buildouts combined with lower than expected consumer demand made the market less profitable.
2.
by arbor_day 1y ago
They said "net worth" which is assets not cash that's being spent. M0 would shoot up which causes inflation. If they said "income" it'd still shoot up the velocity of money, since poor people have higher spendi
3.
by arbor_day 1y ago
I've been a FAANG engineer for the last 15 years, tech pays pretty well. The things you see on the news about "farming subsidies" often show up as government subsidized loans (lower rates and higher leverage) which has helped
4.
by arbor_day 1y ago
I find Illinois taxes to be scarier for land than other investments. Illinois state is in a bad financial position, they can't inflate their way out of it. Financial assets are easier to move than land if things get bad.
5.
by arbor_day 1y ago
Yeah, it's sorta both big and small. It's small in that you can't support a family farming 500 acres of corn/beans. It's big in that buying 500 acres would cost $5M - $10M, that's real money!
6.
by arbor_day 1y ago
There’s something righteous in farming where it’s really hard to feel like you’re doing wrong even if you’re getting rich — you are just feeding people. It’s like being a doctor.
7.
by arbor_day 1y ago
1M was a nice round number for equipment. I see people without much land buy new equipment all the time, it’s wild! They tend to not stick around long though. You must have better land than we do. Land by me goes for around 14K/ acre.
8.
by arbor_day 1y ago
Have you seen how expensive a tractor or combine is? The economies of scale are real in farming. You need ~$1M worth of equipment to farm 80 acres (~$1M worth of land), but that same equipment can basically farm 800 acres (~10M worth of lan
9.
by arbor_day 1y ago
I own the farm and farm it in Illinois. I owe the land through an LLC, because farming is dangerous and I don't want to go bankrupt if somebody sues me. Farms are expensive and hard to subdivide, so people will put them into a legal en
10.
by arbor_day 1y ago
Yup, sort of the whole point. There's a lot of cost plus contracts floating around here, which is a terrible incentive.
11.
by arbor_day 2y ago
facebook.com started out as a php app. It was easier to make php efficient (enough) than to rewrite the application.
12.
by arbor_day 2y ago
I was suspicious before I joined, but it works way better than you'd think!
13.
by arbor_day 2y ago
That seems wrong. More than half the US population uses Facebook. https://www.statista.com/statistics/408971/number-of-us-face...
14.
by arbor_day 4y ago
EVs are ~1% of cars and ~5% of new car sales. It seems like we have another 5 years until those scale effects start to really kick in.
15.
by arbor_day 4y ago
Of the negative effects of IG, knowing which photos have been digitally altered doesn't seem high on the list. I'm not sure who you'd be significantly helping with this feature. Even if this does solve a user problem, it&#x27
16.
by arbor_day 4y ago
I think my use of "quiet" and "crowd" was not very clear. For me quiet is the absence of hustle and bustle. When I down my street, I'll see at most 1-2 people out and about. To me, that's a more relaxing enviro
17.
by arbor_day 4y ago
FWIW, I am happy to pay a premium for the living situation I want. I do that today across high housing costs / taxes / cost of local goods/services. I'd happily support paying for other externalities (e.g. carbon taxes).
18.
by arbor_day 4y ago
Cities don't vote, people do. I own a single family home in the Palo Alto. If I wanted to living in a city like Paris, I would. I like it here. I don't care about the price of my house, since I do not plan to sell it this decade.
19.
by arbor_day 5y ago
https://en.wikipedia.org/wiki/Messerschmitt_Me_163_Komet O.o """ [M]any pilots were killed during testing and training, at least in part due to the highly volatile and corrosive nature of the rocket prop