Recent submissions

Comment · 6 years ago
If the banks aren't paying interest on deposits anymore, does it now make sense to withdraw some of the money and store it under a mattress somewhere?

Obviously there are theft, fire, and police confiscation risks that need to be overcome first.

Comment · 6 years ago
Yes, greenhouse gasses and lung effects aside, the sulphur mixes with carbon dioxide and other airborne oxides to becomes sulpher dioxide. This makes rain water acidic and causes the erosion on the Statue of Liberty.
Comment · 6 years ago
Do you have a link to this article that you read about?
Comment · 6 years ago
I can't help but think this glitch was a good thing and Robinhood investors would do better if they traded less anyhow. According to an OpenFolio correlational study, traders who trade more than 12 times per year make 0.5% less than traders who trade less than 12 times per year. OpenFolio was one of the first three websites to have an API integration with Robinhood portfolios.
Comment · 6 years ago
Comment · 6 years ago
Now's one of the best times to start evaluating long-term mutual fund managers based on performance. It's hard to tell who's swimming naked until the tide rolls out. Does anyone have any funds they personally use that they recommend I look at?
Comment · 6 years ago
I put a small portion of my short-term portfolio into shorts on a basket of high-valued, money-losing, non-dividend paying, declining companies last friday. I can't predict how this will pan out but at least it will be a hedge. A full 80% of my non-retirement portfolio was in a short term treasury bond ETF (SHY) after I blanket-sold everything in January to try to make a down payment on real estate. I figured I could handle the extra volatility of SHY over SHV.
Comment · 6 years ago
Those statistics are crazy. I'm not sure how the world still functions.
Comment · 6 years ago
It sounds like if someone invents or mass-deploys a controlled denitrification machine that turns nitrogen in the water into nitrogen gas, he could be made rich through government and state grants. The grants could be fully or partially funded through a fertilizer tax, sewage leak fines, and/or taken from current farming subsidies.
Comment · 6 years ago
They're not going to want to piss people off because it's viewed as an inherently destructive act. Instead they'd look for more positive resolutions. I can only speak for one Big Japanese Car Company having worked in their corporate office in the decision-making department.

- They'll use Microsoft Sharepoint and Microsoft OneDrive for file and document management, not because they're better products but because Microsoft wishes that they don't use a competitor's products and Big Japanese Car Co respects the desires of their partners.

- After a demo between a new company with superior in-car tech and an old partner with inferior in-car tech, BJCC chooses the old in-car tech because once you're a partner with BJCC, BJCC takes care of you through the good and the bad.

- If you direct a meeting, whether small or large and you say something incorrect, the one person in the crowd that noticed your mistake won't say anything and will actually nod their head in agreement and respect. This is due to the saving-face aspect of the culture.

- Bringing others on board with a decision when you don't have access to the primary data or analytics is much easier when it involves copying a competitor. It also diffuses responsibility if things go south. Saying we did secret teardowns of a Tesla model 3s and are basing our design decisions off these teardowns means you can say it was Tesla's decision, not "my" decision.

On the other hand, BJCC has historically cared a lot more about not pissing off car owners by making more reliable vehicles at fair prices that are less likely to break down. For that reason, at the end of the day, I buy a BJCC car.

It's the old argument of individualism vs. collectivism. The right balance is probably some amount of both.

Comment · 6 years ago
Hey John, I was providing you with an opportunity to share some of your wisdom regarding correlations you have noticed. Presumably a number of intelligent readers are curious about wealth given they clicked on the title of this article. Correlations do not always establish causations but causations sometimes require expensive studies to establish.
Comment · 6 years ago
What correlation have you noticed?
Comment · 6 years ago
Buying your first piece of real estate will provide you with a neutral stance on the housing market. Buying REITs like Camden, or another REIT from this REIT list also works if you don't overpay: https://www.reit.com/investing/reit-directory. Buying a consumer goods seller like Apple stock or Target stock helps if the concerning inflation happens only in the consumer goods sector. I'm not a fan of large allocations of TIPS because the returns are so low.
Comment · 6 years ago
A study was done to pay people to build sand castles. In the experimental group, the people were told afterwards to knock down their sand castle (because the researchers said they wanted a different sand castle or something to that effect). In the control group, people were also told to build a new sand castle but in a different spot and so they would leave their other castle there. In the experimental group, people became very very demotivated and felt that their work was pointless and boring. It doesn't matter if you're ADHD or not, if your expectations are greater than reality and you have to kick your sandcastle over after building it, you're not going to do as well at your job.

As a code reviewer they should be giving you a compliment sandwich where the criticism or constructive feedback is placed in between two compliments. As a coder, I've found adding async and await to functions does a lot to make your code look sexier to code reviewers even if it doesn't have a perceptible performance impact on non-network calls.

If I were to comment on a new plan for you, I'd say let flow state be your friend and not your enemy. After all, you have a chair you probably have to sit in for ~8 hours a day while you stare at a computer screen full of code and that's hard for anyone to do for that long let alone someone with ADHD. Flow state will give you an advantage over others. Invariably, your flow state will break. Use that time to spend more time talking to the stakeholders in your group because sometimes stakeholders want what they want and nothing else. They'll appreciate the time you took to listen to them, they'll trust and believe in you more (instead of you being an unknown variable), they'll be more confident that they'll get what they want, and you'll benefit from the confirmation bias. If you deliver what they want, it's less likely that their sandcastle will get kicked over -- though still not unlikely.

Comment · 6 years ago
That sounds incredibly smart because crypto taxes are a huge headache to do yourself and crypto-tax preparers charge $500-$1000/year. Does having the LLC increase your tax complexity? If so, by how much?

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