ithinkinstereo

8 ms·

1.
by ithinkinstereo 5y ago
Live below your means. Max out you're tax-advantaged retirement accounts. If you're young, invest a non-small portion into high-growth, "risk-on" assets, preferably in an industry you know a little bit about and can imag
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by ithinkinstereo 5y ago
Centralization issues come along with liquid staking solutions like Lido.
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by ithinkinstereo 5y ago
BSC is a Eth competitor by Binance. Gas costs in ETH have been at historical highs, making it uneconomical for players under 5-6 figures of capital to do basic transactions, let alone yield-farm / manage positions, so various DeFi dApp
4.
by ithinkinstereo 6y ago
I recall some East-Bay based startup a few years ago that basically tried this model. They allowed individuals to sell food / operate as a pop-up restaurant. IIRC, it got closed down because of health and food-safety related regulation
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by ithinkinstereo 6y ago
It's getting harder and harder these days to get a good meal in the US for under $10 all-in w/ tax outside of rural super low COL areas. In any of the major urban areas in the states, a $5 budget would limit you to various street
6.
by ithinkinstereo 6y ago
Because it’s a ridiculous rant that stereotypes an entire country and people based on one anecdote. Plenty of entrepreneurs have been cheated / outplayed in the west in the same exact way. See the recent controversy about Amazon meetin
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by ithinkinstereo 6y ago
I wonder how much of this is offset by the increase in shipping volume due to the increase in ecommerce volume.
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by ithinkinstereo 6y ago
See: Hin Leong Trading for a current example.
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by ithinkinstereo 6y ago
What? No, Asians are definitely not more privileged than Whites (in western society). You're conflating socioeconomics with race. And how do Asians have less historical baggage? Many Asian countries have a history of being colonialized
10.
by ithinkinstereo 6y ago
https://en.wikipedia.org/wiki/Tulsa_race_massacre There were no convictions for any of the charges related to violence. There were decades of silence about the terror, violence, and losses of this event. The riot was l
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by ithinkinstereo 6y ago
It’s not “business as usual” in Sweden. Many are now questioning their approach.
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by ithinkinstereo 6y ago
Here's the direct link to the xlsx file: https://www.edd.ca.gov/Jobs_and_Training/warn/WARN_Report.xl... The data may not be too reflective of the current situation on the ground, however. From the website: &
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by ithinkinstereo 6y ago
I went to my local 7-11 a couple of weeks ago to get some cash at the ATM. Next to it was a garbage bin for throwing away your receipt. Out of curiosity, I went through about a dozen and not a single one had a balance above $1,000. Most wer
14.
by ithinkinstereo 7y ago
> if the supply chain is indeed impacted Is there any question? 80% of the Chinese workforce has been sitting on the sidelines since mid-January. Production is just barely ramping up and I don't think we'll see full capacity un
15.
by ithinkinstereo 7y ago
Most of the risks to the economy posed by COVID19 are supply side. How is a rate cute going to help? It seems like the main consequence of this in the near term is an increase in inflation.
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by ithinkinstereo 7y ago
Yep, fuddy-duddy tech = safe tech.
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by ithinkinstereo 7y ago
webull and thinkorswim will probably be the two biggest beneficiaries today.
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by ithinkinstereo 7y ago
The details around his relationship with Les Wexner (billionaire owner of L Brands; Victoria's Secret, Bath and Body Works, etc.) are especially bizarre. Wexner gave Epstein power of attorney; basically granting control of all of his f
19.
by ithinkinstereo 7y ago
The squeeze aint over yet; 22% of its float is short [1]. We may see this pop into the 1000s by the end of the week. 1. https://www.gurufocus.com/term/ShortPercentageOfFloat/NAS:TS...
20.
by ithinkinstereo 7y ago
Well, if we are to nitpick.... apples and oranges are both round! Yes, there are certainly similarities between the USSR and China. But if we are to be objective and fact-oriented here, comparing China today to the USSR in the 80s and its r
21.
by ithinkinstereo 7y ago
Maybe, maybe not. I think the contrast to past epidemics is stark and shows the government is willing to learn and improve. In any case, the comparison to Chernobyl and 80s USSR is pretty off-base, wouldn't you agree?
22.
by ithinkinstereo 7y ago
That's true, but my point is that the "Emperor is far away" problems can be found in any type of governing model. Some may limit it, but even then, there are tradeoffs. One advantage of a centralized top-down system is that w
23.
by ithinkinstereo 7y ago
The comparison to 80s/late-90s USSR is poor. I think this epidemic is showing the opposite, at least in terms of technical competence. The response from the central authorities has been massive and relatively well executed. The compari
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by ithinkinstereo 7y ago
There's a Chinese saying that's apt here; "山高皇帝远" which literally translates into "mountains are high, the emperor is far away." However, I disagree that this is solely unique to China. You see it in the west t
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by ithinkinstereo 7y ago
Here’s a NSFW video from twitter of the plane’s supposed last moments: Footage of Ukrainian flight going down: https://mobile.twitter.com/mehrdadt1987/status/1214756444421... From PPRune, these are supposedly pics
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by ithinkinstereo 7y ago
https://en.wikipedia.org/wiki/List_of_Boeing_737_MAX_orders_... In the US, you'll want to avoid Southwest, American, and United.
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by ithinkinstereo 7y ago
Yes, but that is a pedantic technicality that misses the point. Google markets Nest's ease-of-use and plug-and-play simplicity to non-tech users. That's a critical piece of the product's value proposition: that it just works
28.
by ithinkinstereo 7y ago
Yes, I definitely agree. If going the contractor route--and if the pay is six 000s+--I would highly recommend getting an LLC and all the great tax benefits that provides. Easily adds 5-10% (if not 20%+) to your bottom line.
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by ithinkinstereo 7y ago
Perhaps. But obviously they'd want to make this appear as the "final" wave to not overly-agitate existing employees. It'll be interesting to see how this quarter's earnings go (especially since the lockup expires in
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by ithinkinstereo 7y ago
1) No FTE associated taxes (payroll, unemployment, etc.) 2) No FTE associated benefits (health insurance, 401K, etc.) 3) Easier to terminate 4) (Arguably) Can grind harder Hopefully, some of the recently laid-off employees can get re-hired

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