quantdev

5 ms·

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by quantdev 9y ago
You've clearly made up your mind, considering you are just arguing random points -- your opinion on finance is not relevant to the point that there are lots of C++ jobs in finance. And it's not just for some legacy reason: even m
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by quantdev 9y ago
No one is trying to convince you to use C++. Obviously the data show there are tons of C++ jobs and this is something you can google yourself. And finance is not a "niche", considering it's like 20% of the US economy. I&#
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by quantdev 9y ago
I'm a fan of Emin Gün Sirer and I don't like Bancor's approach in this response, especially in criticizing his informal tone (who cares?), but it does seem that they're right that he's misunderstood two main points:
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by quantdev 9y ago
It's not the author taking a stock-centric view; it's the author pushing back against the conventional wisdom of the value of property investment. As Shiller demonstrates and you even agree to, home prices track inflation over the
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by quantdev 9y ago
I'm glad you had a revelation and took it so well. Although maybe not as extreme as you, I also used to think nicotine/cigarettes had almost no benefits and was surprised to learn otherwise. I'll go so far as to say as nicoti
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by quantdev 9y ago
Worth the downvotes: Linode Turns 87178291200
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by quantdev 9y ago
That's very strange that you've never felt stimulation or increased focus from nicotine! It's possible that you have some genetic variation that causes that or it's possible you're just not self aware, but I couldn
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by quantdev 9y ago
Exactly. Nicotine has mental health benefits (e.g., schizophrenia ) and is a nootropic, stimulant, and feel-good drug. By smoking, the poor are trading years in the future for pleasantness now. Calling them stupid or irrational just makes
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by quantdev 9y ago
To your first statement, is this even true of Amazon? In the US, Amazon Prime has something like 80% penetration into households making >= $100k/year. This move into Whole Foods reaffirms this focus on high-income households, where
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by quantdev 9y ago
Tax cuts to the rich increase investable capital, as I said. Trump also proposed tax cuts for everyone else, too, which would increase consumer spending.
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by quantdev 9y ago
Those gains were most likely based on the anticipation of tax cuts (increasing consumer spending and the supply of investable capital), deregulation (allowing higher profits, most notably by banks), and repatriation (allowing share buy back
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by quantdev 9y ago
Yeah, this is definitely false, as the other guy said -- its value in USD is whatever you're willing to pay for it in USD. Maybe what you're thinking of is the fact that it's deflationary unlike fiat: there's a finite nu
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by quantdev 9y ago
They "warned" in an SEC filing that is supposed to state possible investor risks. The way this was reported is the problem and not Snap's statement, which any investor should understand is factually correct. Snap is a volati