awinder

8 ms·

1.
by awinder 4y ago
Bailing out companies keeps people in jobs & backstops the assets that comprise retirement/pension systems, both of which keep people in their homes. You could find ways of keeping more people in their homes but they’d almost certa
2.
by awinder 4y ago
One does not simply become a citizen, most have to convert from a work visa to a permanent visa (requires wait time + process), and then more wait time before being allowed to apply for citizenship. So there’s workers at twitter who can’t m
3.
by awinder 4y ago
Because there was the specter of a protracted legal battle to close the Twitter acquisition and that risk (of both time and result) was priced into a 25% discount on the acquisition price. That’s why the stock bumped to 50 on the acquisitio
4.
by awinder 4y ago
You can balance the real dual-interests at play here through progressive taxation, allowing for transfers of wealth that only marginally accelerate society-wide wealth disparity. The slaves/serfs lingo is a little stretched when it app
5.
by awinder 4y ago
By: 1. Not labeling people who disagree with you as “part of a professional managerial class” / people who don’t want to work (propaganda) 2. Actually citing personal experience (just saying you have personal experience isn’t a debate&
6.
by awinder 4y ago
You’re: 1. Not actually detailing your life experience 2. Repeating tropes and stawmanning arguments that others aren’t making 3. Framing people you don’t agree with as “PMC people”, i.e. you’re not engaging with their arguments Your final
7.
by awinder 4y ago
We’ve had 3 bull cycles that lasted around 13 years covering periods in the 50s, 80s and 90s. https://www.uidaho.edu/-/media/UIdaho-Responsive/Files/Exten... The +9% average is long-lived and covers peri
8.
by awinder 4y ago
“All of this has led to weird idiosyncrasies, euphoria, and contradictions. Stocks ballooned, tripling in value since 2009” This is like 9% compounded for 13 years, which is in line with historic averages.
9.
by awinder 4y ago
“Things were different before the wars in Iraq and Afghanistan. In those days, sailors were required to train for a regular Navy profession, known as a rate, before they could attempt the SEAL course. Dropouts from the course could return t
10.
by awinder 4y ago
Berkshire had a (especially relative to the market) very good year and it’s the highest weighted constituent in XLF. Also a lot of the active fund companies had this same sort of trend where they went about 2x in market cap in a 12-16 month
11.
by awinder 4y ago
Digital goods are taxed and my apple app receipts all have a tax line on them (US-based).
12.
by awinder 4y ago
You would compare your fund to an index maintained by a company like MSCI or S&P Global which covers Fictionaland. And you’d probably have a number of indexes for Fictionaland that could match depending on how your fund is composed. You
13.
by awinder 4y ago
Corresponding index to the fund, usually called the benchmark. US Large cap mutual funds commonly compare against sp500. A small cap index might compare against Russell 2000. MSCI has a number of all-world indexes that a global fund could c
14.
by awinder 4y ago
SCHD is a Dow Jones U.S. Dividend 100 Index tracker, that example just compares performance of 2 indices. Beating the market would refer to a fund (closed/open doesn’t really matter) that beat its corresponding benchmark.
15.
by awinder 4y ago
This is a pretty good jumping off point: https://en.m.wikipedia.org/wiki/Myth_of_the_clean_Wehrmacht Yeah West Germany successfully pushed for western-held war criminals to be released in the early 1950s. Rearmament an
16.
by awinder 4y ago
I don’t see a lot of current generation German spirit-busting going on. The 90s saw the myth of the clean wehrmacht finally addressed, this abhorrent stuff is being investigated by younger-gen German academics while the surviving vestiges o
17.
by awinder 4y ago
This law does not apply to a single actor included in tweet thread. It applies to government employees & administrative positions, which even Ro Khanna isn’t, and that’s the closest it gets to applying.
18.
by awinder 4y ago
Yeah and then Holmes was given a trial by a jury of her peers, and she became a convicted felon. Welcome to a legal system not adjudicated by twitter shitposters. I sincerely don’t think there is any action that could be taken to convince p
19.
by awinder 4y ago
“Apple does not claim a cut of the exchange of stocks, but they do claim a cut of the transaction fees for the exchange of stocks.” Are you sure / how? I’m not going to sign up for robinhood to confirm but my brokerage transacts with m
20.
by awinder 4y ago
Apple says they paid out 60B in App Store revenue to developers in 2021, if you used the 30% figure (which is unfair because they charge 15% on +1yr subscriptions and <1M revenue) that would be like 26B in commissions. Take that for what
21.
by awinder 4y ago
Personally I would skip, or at least smell-test, such calculations by a trip to the publicly available hard data: https://d18rn0p25nwr6d.cloudfront.net/CIK-0001418091/947c0c3... Twitters cost of revenue was 1.7B in FY2
22.
by awinder 4y ago
I would love to know the mystical mechanism by which a legislative representative spreads money to federal and state AGs, and then how those AGs spread money around their respective offices, without any of this ever leaking out. And then yo
23.
by awinder 4y ago
“The answer might be that every crypto exchange has a 15% or higher chance of exploding per year and they've all just been extremely lucky” Nailed it!
24.
by awinder 4y ago
Caroline quote is hysterical — that is both a mathematically and philosophically flawed argument. Befitting of someone who would blow out an $8B+ hole in another companies budget by… making leveraged double or nothing coin flip bets. The so
25.
by awinder 4y ago
Why would one conman’s association with an ideology condemn the entire ideology? Because he said he was using it as a ruse? Why are you still selectively believing the conman?
26.
by awinder 4y ago
Down in the comments on a linked article exposes the detail: “This article is badly misinformed on a key point. Booz didn't receive anything upfront to set up recreation.gov. They funded the upfront costs out of their own pocket, and i
27.
by awinder 4y ago
3400 employees at 1.4B revenue (2021) is not great, it’s lower than twitters per employee ratio which was also not great. Amongst financials that headcount-to-revenue is pretty abysmal.
28.
by awinder 4y ago
Presumably this case was covered in the first round of layoffs when they stack ranked engineers by lines of code produced in the last (6 months? 1 year?)
29.
by awinder 4y ago
Bingo, and the line from electoral politics -> regulation is straight, legal, and requires one step. While filtering political donations through judicial + investigative bodies with egads of separate oversight & career employees &amp
30.
by awinder 4y ago
Looks like these folks raised a big round (for the first funding round no less) last month: https://finance.yahoo.com/news/bending-spoons-raises-340-mil... So fund-to-acquire?

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