konne88

9 ms·

1.
by konne88 6mo ago
TLDR: 80% of kids used to be potty trained by age one. Nowadays parents train later, because diapers are so convenient that its feasible to wait until the kids are older where it's easier to train them. This provides massive revenue to
2.
by konne88 7mo ago
I didn't expect such a misleading intro from Knuth. It reads like Claude solved Knuth's math problem. In reality, Claude generated various example solution, and Knuth then manually generalized that to a formal proof. What Claude d
3.
by konne88 8mo ago
But it also doesn't apply to small companies: The CCPA applies to any business, including any for-profit entity that collects consumers' personal data, does business in California (regardless of where it is located), and satisfies
4.
by konne88 8mo ago
He's not completely wrong though. I was assaulted (pushed and fell to the ground) for asking someone to turn down their music at a pool. And I think I've asked less than 20 people in my life to turn down their music.
5.
by konne88 8mo ago
I do believe that Wikipedia is one of the least biased sources out there, but there is definitely bias. Here is a concrete example. Compare the introduction paragraph of the English circumcision article ( https://en.wikipedia.org&
6.
by konne88 8mo ago
This must be the first good looking government website I have ever seen.
7.
by konne88 9mo ago
We should all copy from the Haskell community. Instead of coming up with a random name like "append" for a List function, we should appeal to our deep intuition of monoids and use the much more intuitive "<>".
8.
Management Lessons Learned from Playing Factorio(weitz.blog)
1 points by konne88 10mo ago|0 comments
9.
by konne88 11mo ago
I have proven quite a few theorems in Lean (and other provers) in my life, and the unfortunate reality is that for any non-trivial math, I still have to figure out the proof on paper first, and can only then write it in Lean. When I try to
10.
by konne88 11mo ago
You don't know. Even with the best theorem provers, your definitions are still trusted. The best way I've found to help with this is to keep your definitions simple, and try to use them to do things (e.g. can you use your definiti
11.
by konne88 3y ago
I think a big problem is just how US suburbs are built. Growing up in Germany, there were sidewalks, protected crossings, and public transportation everywhere, so I was just always expected to go to school and visit my friends on my own. No
12.
by konne88 3y ago
That seems a little strong. We spend like $50/month on paper plates, which are compostable, and I get back many hours of my life that I can use to create valuable experiences with my kids. I don't think that's anymore morally
13.
by konne88 4y ago
I would disagree that Brex (and many others in the space) aren't offering banking. I can deposit money, I can withdraw it, I have a credit card, I earn interest, etc, they seem to offer everything a traditional bank would. To your poin
14.
by konne88 4y ago
He seems to say that the fractional reserve system is the only way society can work. But is that actually true? Quite a few banks (e.g. Brex) now allow you to keep your money in a money market fund, which invests in short term US treasuries
15.
by konne88 4y ago
Having 4 kids ages 5 and under, while also running a startup, I can confidently tell you that disposable dishes are the true answer to efficient dishwasher management.
16.
Bank Runs Are an Unnecessary Evil(learn.nexushq.com)
2 points by konne88 4y ago|0 comments
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by konne88 4y ago
"One can’t imagine flagship products like Search or Books ever being shut down." I can totally imagine Books being shut down.
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by konne88 4y ago
I'd be curious to. Wikipedia seems to says that this might be mostly marketing speak. 'The term "3 nanometer" has no relation to any actual physical feature (such as gate length, metal pitch or gate pitch) of the transis
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by konne88 5y ago
Thanks for the thorough writeup! I agree that our implementation seems to solve your use-case. Let me provide you with a bit more context about the house buying use case. When buying houses you need to keep a chunk of money (around $60k) av
20.
by konne88 5y ago
Great question. The motivation will differ from person to person, but I can give you the reason why I'm using it. I live in a high cost of living area, so I used to keep ~20K in my checking account at all times to pay for rent etc. All
21.
by konne88 5y ago
Good question. Here's the difference. When you withdraw money from Charles Schwab and there's no cash in your account, it creates a margin debt. You then have to pay that margin debt back manually, and you pay interest until you d
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by konne88 5y ago
We've heard from a few users that they would like to keep some of the money in cash. I think that's a reasonable feature which we should add support for. In a sense, keeping a fixed amount of cash in your portfolio is really just
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by konne88 5y ago
I completely understand your desire to avoid sales of your long term investments that may have huge capital gains. To deal with that, you can configure us to sell shares in a tax sensitive way, where we will sell shares with a low tax burde
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by konne88 5y ago
Thanks for the positive feedback :)
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by konne88 5y ago
If you withdraw money using a Fidelity debit card (without Financial Choice), from a brokerage account without any cash in it, that withdraw will create a margin loan that you have to manually pay back and that you also have to pay interest
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by konne88 5y ago
All good questions. Yes, cash debits and checks lead to an automatic sales of securities. You can configure the liquidation, e.g. to the Tax Efficient strategy, which minimizes capital gains taxes by selling shares with the lowest returns f
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by konne88 5y ago
We're focusing on consumer first, as you mentioned it's a bit easier to get into, but I definitely agree with there being an opportunity for businesses as well. Large purchases work pretty much the same way as small purchases (you
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by konne88 5y ago
Thanks for playing with it, and the signup workflow feedback. Fidelity is unfortunately a requirement right, but are planning to transition to our own platform in the medium term.
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by konne88 5y ago
We haven't really considered the path of selling ads or marketing data. Our current thoughts around business model are closer to Wealthfront (which charges 0.25% of assets under management) or Acorns (which charges up to $5/month
30.
by konne88 5y ago
1) You will usually pay short term capital gains tax every time you spend money. Note however that your taxes will only be a fraction of your gains, not your total assets. E.g. if you have $1,000 gains in a year and pay 35% short-term capit

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