fractionalhare

5 ms·

1.
by fractionalhare 5y ago
The analogy is a little fraught. If a baker bakes at home it's ostensibly not for public consumption. If you work at IBM you could literally code at home too. This is more like a baker baking things at home, and giving them away for fr
2.
by fractionalhare 5y ago
This is tricky. There is one sense of "spare time" which concerns output - you aren't always expected to be working. But salaried knowledge workers are commonly considered to have no "spare time" in an intellectual
3.
by fractionalhare 5y ago
See also: one-time bonuses for developing patents and assigning them to your company.
4.
by fractionalhare 5y ago
The legal perspective/doctrine here is that people who produce IP as a core part of their work are "always on." They're not paid for hourly labor, they're paid for an intellectual product which only loosely relates
5.
by fractionalhare 5y ago
To be fair that third one is usually about your biggest worry in general. It doesn't need to literally keep you up at night - though it's a positive signal if you never lose sleep over your company.
6.
by fractionalhare 5y ago
That's what I never understand about these proposals...we can't manage to stop climate change on Earth, but we're going to somehow terraform a planet? Or failing that, establish "colonies" the same way we have peopl
7.
by fractionalhare 5y ago
Amusingly yes, this is probably the best bet. The temperature and atmosphere around 34-35 miles from the surface are comparable to Earth. And you get comparable gravity and radiation shielding as a bonus. Good luck storing water and other s
8.
by fractionalhare 5y ago
I sincerely doubt there are many elites seriously considering colonies on Mars. I'm sure they're happy to push their personal brand using the space nostalgic idealism, though.
9.
by fractionalhare 5y ago
Triton is a nitrogen saturated, frozen wasteland colder than Pluto. Perhaps you're thinking of Titan? Titan is also an icy hellscape at nearly -200 C, but you can look forward to an ocean of ammonia once you manage to break through the
10.
by fractionalhare 5y ago
Holy shit that demo is amazing. Are there more demos like that? I was wearing AirPods Pro and nearly jumped out of my seat, I thought someone walked into my room. That’s better than anything I’ve ever heard using so-called “spatial audio”,
11.
by fractionalhare 5y ago
I am an angel investor, but I am not a VC and I don't work for one.
12.
by fractionalhare 5y ago
Yeah. A well-performing fund will never open its books for a seven figure check. They could likely find a senior employee (not even a partner) willing to invest that. Another investor is another person you have to have a relationship with.
13.
by fractionalhare 5y ago
Basically any established HFT, though they're market making instead of market taking. TGS. Baupost. Soros had an excellent run for like 30 years. Simons' family office, Euclidean, does well. A lot of under the radar family offices
14.
by fractionalhare 5y ago
I don't really care if you're a former fraudster or not. I am still outright rejecting the claim that the venture capital industry is engaged in, or equivalent to, a systematic Ponzi scheme. If you want to critique it, fine, but d
15.
by fractionalhare 5y ago
This probably comes as a shock to people outside the quant finance industry, but RenTech isn't the only game in town when it comes to regularly beating the market by one or two standard deviations, year after year. They're just th
16.
by fractionalhare 5y ago
That's not a Ponzi scheme, and you diminish the fraud of real Ponzi schemes by equating them with a frothy venture capital market. Very few startups deliberately commit fraud by paying out old investors with new investors. Just because
17.
by fractionalhare 5y ago
Presumably he thought he'd get away with it, yeah. Or just enjoyed his money while he had it and lived with the dissonance.
18.
by fractionalhare 5y ago
No they can’t, refer to the documentation on cookie flags and attributes like httpOnly: https://developer.mozilla.org/en-US/docs/Web/HTTP/Cookies
19.
by fractionalhare 5y ago
I am talking about a much more general class of security than just XSS. You’re making perfect the enemy of good here - yes, of course XSS is not completely mitigated by httpOnly. That was not my point. My actual point stands, the Web Storag
20.
by fractionalhare 5y ago
Which is why you use domain scoping, httpOnly and Secure cookie flags so they can only be read by matching hosts (with greater granularity than same-origin policy) over HTTPS and can’t be read by JavaScript. The Web Storage API does not off
21.
by fractionalhare 5y ago
I don't think the author is drawing any connection between great company culture and great company ethics. The culture refers more to group dynamics, which values are embraced and which are ignored, the kind of leadership, etc. In this
22.
by fractionalhare 5y ago
> But to be fair, Bill Gates is probably the only prominent example of a billionaire who quit the industry completely and dedicated his whole life towards charity. James Simons has more or less done this for the past 15 years.
23.
by fractionalhare 5y ago
> Be it Billy Gates, Bezos, or one of the many Midwestern Financial Gurus—-their use of 901c3‘s are basically tax dodges. Do you mean 501c3? How are these a tax dodge? How does someone end up financially better off than just keeping an
24.
by fractionalhare 5y ago
And that is why heads of risk lost their jobs this week!
25.
by fractionalhare 5y ago
They can wag their finger, but they don't legally have recourse for finding out this information ahead of time if Hwang and his existing lenders don't volunteer it. That's just the current state of play with margin lending.
26.
by fractionalhare 5y ago
I don't personally have any skin in the game, but of course I blame him for losing his money. It's his fault, who else would I blame? Pretty cut and dry case of terrible risk management here. What seems controversial? Nobody held
27.
by fractionalhare 5y ago
No, he wasn't exclusively concentrated in tech or growth.
28.
by fractionalhare 5y ago
> From what I gather, Archegos had $10B of equity in total? Typically (sensibly) you don't put all your eggs in one basket as a fund, even a quite concentrated fund. It was $20B. Hwang's whole schtick from the outset of his f
29.
by fractionalhare 5y ago
I would agree with you, but the article itself is examining percentiles of income, not net worth. > But evasion peaks among the richest 5 percent, who have an income of at least $200,000 and who, as a cohort, capture more than one-third
30.
by fractionalhare 5y ago
> But such reviews turn up very little evidence of evasion among the extremely wealthy, in part because the rich use sophisticated accounting techniques that are difficult to trace, such as offshore tax shelters, pass-through businesses

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