pinky1417

15 ms·

1.
by pinky1417 4y ago
That's true. Good Clinical Practice guidelines say that Institutional Review Boards must evaluate compensation is not too high otherwise it constitutes "undue influence". ...but I think that's a terrible idea. I understa
2.
by pinky1417 4y ago
I worked at a small-to-mid-size clinical research organization for a hot minute. That company had its own set of - let's say "unique" - problems*, but the author touched on many of the issues I saw in my short experience at a
3.
by pinky1417 4y ago
As someone who has actually flown on the Concorde, I can say that I'd gladly endure its tight seats again and empty my wallet in exchange for a shorter flight. Heck, if I had the option between spending $20,000 for a NY-London roundtri
4.
by pinky1417 4y ago
What fortuitous timing to see this post. I bought an MX Master 3 for Mac mouse for my Silicon Mac Mini about a year and a half ago but quickly shelved it because the cursor would frequently make irritating little jumps. I replaced it with a
5.
by pinky1417 4y ago
While I agree with much of your first couple sentences and resisting the emotional urge to think recovery is impossible, you're walking a hazardous line between believing recession timing is effectively impossible and trying to ballpar
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by pinky1417 4y ago
Scuttleblurb, David Kim's SubStack, sends out in-depth write ups of companies. It's technically an investing newsletter, but it's really more about the mechanics of a given industry and how a particular company or group of co
7.
by pinky1417 4y ago
Correct. Aatsmyles was mistaken in relating the goodwill he/she described to accounting goodwill. In other words, aatsmyles shouldn't have used the phrase "account for" goodwill. Interestingly (at least to a weird human
8.
by pinky1417 5y ago
Shouldn't there be a way to only search multiple forums through some userscript? Only found out about userscript after messing around with an iOS app called HyperWeb. At least in my limited understanding of userscript's capabiliti
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by pinky1417 5y ago
To reductio ad absurdum that - every time you see any marketing, eg “Drink Coca-Cola because it’s refreshing”, you should hear “Drink Coca-Cola because it’ll make us money.” To your point though: “democratize x” makes my eyes roll. It’s ove
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by pinky1417 5y ago
Indeed, contracts can be invalidated if they're abusive. For example, there's a doctrine in contract law called unconscionability. If you buy an airline ticket to Boston, the captain can't say upon landing "Welcome to Bo
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by pinky1417 5y ago
People often feel differently about food animals than they do about lab animals. Part of it has to do with the kinds of animals. People get very upset about the treatment of beagles, which are used in research for human eye applications, bu
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by pinky1417 5y ago
I'll give you this: If you only applied a wealth tax to the wealthiest-of-the-wealthy, say billionaires only, the number of individuals might be small enough such that it's not an insane administration challenge. Forbes lists abou
13.
by pinky1417 5y ago
Perfect *is* the enemy of the good here. Major components of the economy are not valued regularly, e.g. private businesses. Sure, if a buyer paid $10MM last week for a private business, we might say it's worth $10MM today. But what abo
14.
by pinky1417 5y ago
Retention is one reason. Two other reasons are friction of switching jobs + labor not being highly commoditized. Friction: If I'm getting paid $80k a year as a junior dev, I'm probably not going to switch to a similar job for $85k
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by pinky1417 5y ago
You're absolutely right. I likely wouldn't. But you have to ask whether those ideas (barriers to investing capital, tariffs, etc) are good ideas. We'd all like people to earn more and live better lives. It seems like the most
16.
by pinky1417 5y ago
I’m no Tim Ferriss fanboy, but her “exploitation” critique is wrong. Paying people overseas for what would be a low salary in one’s home country isn’t exploitation. Say you’re paying someone abroad $3 an hour while minimum wage in your coun
17.
by pinky1417 5y ago
First, as other posters have mentioned, there are b shares that trade in the hundreds of dollars - BRK.B. Yes, their voting rights are disproportionately lower, but you can still get a stake in the ownership without having $400,000 in your
18.
by pinky1417 5y ago
Right. The key passage is under rule 1 from the article: “You will give me interesting or meaningful work.” First, the author says interesting OR meaningful work. So even if it’s true that the developer won’t be interested in, say, writing
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by pinky1417 5y ago
You have a point in that money does get taxed multiple times as it moves around. But I don’t believe that makes the term “double taxation” BS. It’s a useful term in a world where there are two structures for business entities (a) the “doubl
20.
by pinky1417 5y ago
One aspect I haven’t seen mentioned in the comments or in the article: double taxation. One of the drawbacks of structuring a business as a c-corp is that you have double taxation: once, at the corporate rate then again at the individual in
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by pinky1417 6y ago
Location: Miami, FL, USA Remote: Yes or local Willing to relocate: No Technologies: SQL (SQLite, T-SQL, PostGres, MySQL), Python, R, Git, HTML/CSS Résumé/CV: https://www.linkedin.com/in/barrch
22.
by pinky1417 6y ago
In my Twitter feed a couple months ago, I saw a tweet (a promoted tweet? If they even have that and I’m remembering correctly) advertising a crypto “pumping group” on Discord. Yes, they actually referred to themselves as a “pumping group.”
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by pinky1417 6y ago
In my humble opinion, that might overcomplicate things without providing much in the way of risk reduction. Owning a basket of currencies might make sense in a world where, globally, only some central banks had loose money policies. But, at
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by pinky1417 6y ago
Oh, I didn't mean to suggest they're the same, just explaining why buying the dip isn't a good principal on its own. Something like VTI has the advantage that it's not going to ever be totally worthless unlike any one pa
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by pinky1417 6y ago
It gets worse. If your adversary believes your missile defense system is highly effective, when in fact it is not, the adversary will be more willing to launch a preventive attack. You don't want nuclear-armed adversaries to think they
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by pinky1417 6y ago
I don’t think that’s true. For one, that dip lasted a very short time, which is atypical. Second, it wasn’t clear that the market fell below its value. Maybe the value of the market was 40% below its earlier highs. “Buying the dip” is a bad
27.
by pinky1417 6y ago
There’s value in the optionality of cash! I know there’s good reason to dollar-cost average (for someone who squirrels money away primarily into index funds) since it’s difficult or impossible to time the market... and the market tends to g
28.
by pinky1417 6y ago
I interpreted the author’s discussion of the “right” long-term mindset to mean that, in the absence of evidence to the contrary, it makes more sense to be optimistic than pessimistic about the future. Personally, based on the past performan
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by pinky1417 6y ago
Buffett has talked about looking for "elephant" sized acquisitions. Berkshire is so large that it becomes difficult to find good investments of a sufficient size to move the needle. As a smaller investor, I can buy portions of a f
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by pinky1417 6y ago
You might be interested in reading about Henry Singleton, the Michael Jordan of capital allocation. While running Teledyne, he shrewdly issued shares in exchange for acquisitions when Teledyne's stock was expensive. When shares were ch

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