Galanwe
Joined 12 years ago
Joined 12 years ago
Once there are enough chapters for a full book, authors usually publish them on Amazon, and remove them from Patreon because of the exclusivity clause.
There is usually a 2/3 book lead on Patreon vs Amazon.
The majority of the books and authors I follow are now on Patreon, and there is just no easy way to get a hard copy, or even a digital copy for that matter. I read book 11 on Patreon while Amazon is publishing book 8...
Now that is good for authors I guess, they have a better, more stable revenue source. But I don't own books anymore, can't read them offline, which is very annoying.
- Also for physical resources, you want geographical diversification, and America is far enough that to be orthogonal to e.g. European conflicts
You can have an electric vehicle that runs at 100kph if you want, but that is not a bike, that is a motorcycle.
The problem here is people having vehicles assimilated as ebikes, but with radically different specs.
I have no problem with these guys driving their vehicles on the car lane, like motorbikes do, but that's not what we're talking about here.
These vehicles are running on the bike lane, drivers are without helmets, they cross pavements, and enjoy all the slow vehicles perks, while being far more dangerous for their surroundings.
I... do not agree that leveraged funds are somehow a safest way to access leverage.
Every product including leverage has inherently a non-linear P&L. And from my experience, non sophisticated investors always struggle to grasp the implications of that. It makes returns (on capital) very path dependent, and very nasty during volatile regimes. It breaks the naive assumption of "well I could always hold and wait for the dust to settle".
> unlike margin there is no risk of margin calls
This is a bit of a weird statement. Leverage implies margin, you cannot make it disappear, the funding and associated risk has to come from somewhere, it's just that it is continuously applied, instead of fixed timings.
I do agree that it simplifies planning and reserve management though.
> even Warren Buffet made his biggest early wins on all-in bets.
This is a bit disingenious, note that Buffet did not use leverage...
You will probably rely on it for 10 years at least, so building your NAS means committing to maintaining it in the long term, you have to be sure this is something you will uphold.
Also while setting up your NAS initially is definitely doable, there are a trillion little things to get right and make sure won't bite you later on (scrubble, etc).
All these things compounds if the NAS is not just for you, but your wife, kids, family, etc. Now it becomes your responsibility that all these precious data and photos entrusted to you are 100% safe for the decades to come.
Well then prove me wrong...
The BDIFF publishes data of close to 30 years of wildfires reports.
If you plot the number of wildfire occurrences per year, you will see a decreasing curve up to 2010, then a constant rise onward, forming a U shape. I don't think you will find any correlation with global warming data there.
If you plot a pie chart of investigated wildfire causes, you will see the top cause being "criminal" at 35% of investigated occurrences, followed by "Involontary individual" (the simple minded guy with his cigaret but) at 25%, and "Involontary work" at 15%.
Now let me repeat again, I'm not saying that CC does not play a role in this story (not sure why I bother since it does not seem like people really try to understand the comments anymore), what I'm saying is that data does not really exhibit any obvious correlation between the two, and would suggest that even if CC is a factor, then other factors would seem to have a much greater impact.
Said impacting factors are not hard to find btw, and top is: investments in prevention and detection (which positively correlates with French BDIFF data FYI), and addition of stoppers and lay-lines in man made forests (yes, because the majority of French forests are not natural but man shaped as huge lumps of uninterrupted tree)
I don't think we have the data that proves this theory (which of course doesn't mean that the theory is wrong), because the vast majority of these fires are man-made, not natural disasters.
This year's Fontainebleau wildfires were caused by 1) a deranged person ligthning bushes and drenching them with fuel 2) a simple minded person throwing a cigaret but in bushes during a heat wave...
The huge wildfire in the south some years ago was caused by a similarly simple minded dude that caried his alight barbecue from one place to another on the back of his pickup truck (creating a dozen wildfires in the process along the road).
A domain squatter is in an easier position to automate that than an amateur to not forget to respond.