simo7

7 ms·

91.
by simo7 9y ago
Tax loss harvesting only makes sense if you keep on buying and selling multiple funds/products. Hold only one index fund, hold it long-term and the problem vanishes: all the gains are not taxed until you sell the fund and they are alwa
92.
by simo7 10y ago
This is one of those statements that end up being understood in slightly (but significant) different ways based on one's own experience.
93.
by simo7 10y ago
Advertisers do run unprofitable ads and marketing campaigns all the times. And they are fine with that too. That's the case of VC-backed startups: they accept a negative ROI to get the chance to start making money one day. Then you hav
94.
by simo7 10y ago
It's a far-reaching interpretation in my opinion. The author is talking about product innovation, all the examples are on people who invented famous products. When he says : "Twenty years before Henry Ford convinced..". Well
95.
by simo7 10y ago
I am referring to "Twenty years before Henry Ford convinced the world he was onto something". No need to convince anybody since Ford started manufacturing and commercializing cars roughly 10 years after his peers in Europe.
96.
by simo7 10y ago
On top of all these mistakes...there is also the very American mistake of believing Ford invented the car. When I've read it I knew I had to take all the rest with a big grain of salt :|
97.
by simo7 10y ago
Except that the loss in not calculated on 1 transaction. If you go exactly even before transaction fees, on a big enough number of transaction you loose everything....exactly because of transaction fees.
98.
by simo7 10y ago
Man it's not about coming from Windows, quite the opposite...using the mouse (trackpad) is too slow, many try to avoid it if possible, it's a liberating feeling really. Personally I have 7 global shortcuts for the 7 major apps I u
99.
by simo7 10y ago
You are missing the time in the formula, should be: (1+r)^t. When t --> inf, it becomes r.
100.
by simo7 10y ago
Right just replied the same. It's about the interest rates prevailing in the market. But I do believe that there was and still is a lot of overvaluation in tech even after discounting at low interest rates.
101.
by simo7 10y ago
The point which everybody seems to be missing (Thiel included) is that "overvalued" or "undervalued" is never in absolute but should always be relative to interests rates. If you have low interests rates like now many c
102.
by simo7 10y ago
I love your counter-argument: "this guy landed rockets, so he will make happen whatever" :D Oook...look I'm cheering for this but then there is this thing called "reality". And I'm not even say it won't ha
103.
by simo7 10y ago
The author shows a poor understanding of car making business. He tackles the whole topic from the demand side (how to have people liking and buying the product), but the real issue with the model 3 will be: can they PRODUCE it right?. All t
104.
by simo7 10y ago
About giving it back to shareholders instead? They are the ones to which that money is entitled too.
105.
by simo7 11y ago
Well you just turned the point from a financial to a semantic one. What really is the market? We could discuss it for hours, but the reality is that (US )"market" in finance does refer to the S&P500. So "beating the mark
106.
by simo7 11y ago
The argument makes sense. Yet, if so, we should see unreasonably high PEs for big companies (particularly the ones in the Dow). Why isn't that the case?
107.
by simo7 11y ago
> an index fund does beat the market market = index fund (S&P 500 based). How can an index fund beat the market, if an index fund IS the market?
108.
by simo7 11y ago
Yeah I see your point, but what I mean is that when so much of the current value of a company is based on future events, fear unfortunately is never irrational. And for New Relic the expectations are really high, could still turn out to be
109.
by simo7 11y ago
Just looked at it. No profit and trading at 10x revenues. You might be right who knows, but can't realy say the fear on this stock is irrational at the moment, imho
110.
by simo7 11y ago
I see. I've also found myself in a situation where the company was using it and I had them drop it. For reporting the idea of transforming & moving the data around really doesn't make much sense when compared to solutions whic
111.
by simo7 11y ago
Simple analysis usually answer recurrent questions, for this there is reporting and Tableau is not a good tool for reporting (too slow). For ad hoc analysis instead, there is really nothing more powerful than R or python and it's plent
112.
by simo7 11y ago
What do you use it for? If it's for analysis why not use python or R, way more powerful and full of tools & libraries that give you speed you need? If it's for reporting, why not to use chartio, looker or anything that connect
113.
by simo7 11y ago
Reporting --> Chartio, Sisense, Looker etc. (anything web focused without a desktop version pretty much) Analysis --> Ipython No room for Tableau and similar.
114.
by simo7 11y ago
I suspect it's a taxation thing. Better to give back the money as capital gains than as dividends.
115.
by simo7 11y ago
Currencies have two functions: mean of payment and storing value. A currency like bitcoin can only be the second one in an effective way, that's what I think he meant. And that's a big problem cause we really don't particular
116.
by simo7 11y ago
True that, "La Grande Bellezza" was awful, yet it managed to win an oscar for what is worth.
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by simo7 11y ago
This wouldn't explain why it used to be so good in the past though.
118.
by simo7 11y ago
The amount of trading done by machines decreases as your investing timeframe increases. So at the extreme (high frequency trading), all trading is indeed done by machines.
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by simo7 11y ago
So is SPICE an actual data warehouse or is it more a query engine such as Presto, Hive or Spark?