hectorr

7 ms·

1.
by hectorr 9y ago
Yeah. Prop 13 massively depresses housing turnover and reduces property tax revenue, which means they need to collect more from income tax. Malcom Gladwell's excellent podcast on golf courses has a great discussion of this. http:&#x2F
2.
by hectorr 9y ago
The question isn't who gets their money back, the question is who has to pay and/or take on the risk. In 2008, the banks were largely bailed out by taxpayers. In this case the hacker 'paid' because what they held was no
3.
by hectorr 9y ago
Fulfillment is a hard thing to quantify. Maybe unemployed people feel bad because they aren't doing anything, or maybe they feel bad because there is nothing for an unemployed person to do when everyone is working. Maybe they feel bad
4.
by hectorr 9y ago
Yes. This isn't Wall Street is bilking the common man. This is one side of Wall Street trying to squeeze the other side, and appealing to the public to help their case. It's a tough market for big money right now. Opportunities ar
5.
An electrician hid subversive messages inside an NBA practice facility(theringer.com)
1 points by hectorr 9y ago|0 comments
6.
by hectorr 9y ago
Has anyone tried Roon Labs? It's a high end library manager that partners with Tidal.
7.
by hectorr 9y ago
Not really. It's still too hard to do from both a regulatory and technical standpoint. There is enough liquidity and infrastructure around BTC to be feasible, but the regulators squashed that idea. Also ETFs are great, but they are not
8.
by hectorr 9y ago
The 2 is more important than the 20.
9.
by hectorr 9y ago
Maybe all asset classes are undervalued relative to the currencies they are priced in.
10.
by hectorr 9y ago
This is not good. But you have to know what the standard ratio is, and how things breaks down demographically, to know how bad it really is.
11.
by hectorr 9y ago
I agree with you, this is all true in theory, but this definition also excludes non-dividend stocks that offer no governance controls. Like Snap, Google, Facebook, Amazon, etc. In addition, the move to buybacks in lieu of dividends in many
12.
by hectorr 9y ago
If you want extrinsic rewards, you need to provide extrinsic value.
13.
by hectorr 9y ago
I have very mixed feelings about what Manning did. I also respect the moral courage it took to do them, and to face the consequences.
14.
by hectorr 9y ago
IIRC Clapper (NSA) was asked a question by Wyden (D-OR) about a classified program in an open hearing. Wyden knew the real answer from a previous classified briefing, and forced Clapper to either lie or violate secrecy in public. So Clapper
15.
by hectorr 9y ago
It's not just about a massive conflict kinetically disrupting those supply lines. Influcencing those supply lines is a key tactic in the day-by-day posturing and low-level conflicts of geopolitics.
16.
by hectorr 9y ago
Depends on the interest rate and your opportunity costs.
17.
by hectorr 9y ago
There are a lot of bad reasons for this, and a lot of bad impacts, but there is at least one benefit for humanity: American healthcare dollars create intense competition to do to do aggressive and innovative biomedical research and product
18.
by hectorr 9y ago
A lot of them are, for the reasons you point out. But they really are not that different than other financial instruments in kind, just in maturity. What does it mean to own a share of Snapchat, Facebook, or Google? You can't influence
19.
by hectorr 9y ago
I thought Matt Levine's daily had a good take: "The deep message is that if you define criminality based on your negative perception of some disliked group, then your criminals are going to look like that group. If you assume that
20.
by hectorr 9y ago
I don't give money to panhandlers, I think it encourages bad behavior. But to anyone who asks, I look them in the eye, and say "sorry, not today". I'm surprised how few people do this, it takes less effort than actively
21.
by hectorr 9y ago
He's providing an economic benefit to society - internalizing (to consumers) the externality of IOT botnets. It's now on the consumers to further internalize to cost to manufacturers through product selection, class action, or bot
22.
by hectorr 9y ago
Connecting critical life support systems to the internet, and not having any contingency for an outage, sounds a lot like malpractice. Hospitals have fail-safes, and if they don't it's a far larger problem than using an insecure I
23.
by hectorr 9y ago
This is a lot of finance works. You offer a consumer product full of awesome features and freebies that is a loss-leader, and make up for it on interest. Cash back when you finance a car, credit card miles, discount stock and RE brokerages,
24.
by hectorr 9y ago
Isn't this why we pay for all those fancy color scanners?
25.
by hectorr 9y ago
While this is true, it is extremely hard to do in practice. You have to get good information, make sure it is good information, convince a market that it is good information, and then prevent your competitors and your clients from simply re
26.
by hectorr 9y ago
That's true, but language is constantly evolving. I actually think we need a cultural shift in how we perceive work. The high intrinsic and extrinsic value we place on it served a lot of communities really well for millennia, but thing
27.
by hectorr 9y ago
I think it has a lot to do with the app. It's more about getting out than getting home. Sure, taxis are usually available if you're out in a town, but anyone who's ever tried to call one to pick them up from home on short not
28.
by hectorr 9y ago
> my ideal fantasy world If you haven't yet, you should read up on what Ethereum is doing.
29.
by hectorr 9y ago
Credit card networks (Visa/MC/Amex, not Chase/Wells Fargo/etc) rely on their fixed infrastructure to extract profits. If Amazon can disrupt that business it'd be a massive shift.
30.
by hectorr 9y ago
This makes sense. Social companies now own eyeballs. They sell eyeballs to advertisers, something legacy media used to do. But legacy media didn't own eyeballs through the magic of journalism, it owned them through massive monopolies i

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