Recent submissions

Comment · 2 months ago
This is what is never mentioned. Quality of care, access to cutting edge treatments, timely access to care are never discussed when moving to universal healthcare. There are examples of private and public systems out there, which would be a much better model.
Comment · 3 years ago
We've been in one long cycle since 1998, continuing with the .com bubble and the GFC and finally Covid. With each one we've had to print more and do more to get out of it. Where it ends is anybodies guess...but each crisis requires a larger response
Comment · 4 years ago
The last thing I want to do is upgrade all my TVs and audio equipment for new standards
Comment · 4 years ago
The purpose of a company isn't to employ people. It's to take raw inputs, including employee labor, and turn that into outputs that people want. Employee relief comes in the form of voting with their feet or if they're critical inputs into what the black box produces
Comment · 4 years ago
Attorney General of NY looked at their books and found most of the collateral was there, although in the form of commercial paper. The risk is really in which companies debt they hold. If we see a perfect storm of something like 2008 where correlations go to 1 resulting in massive defaults AND a significant number of redemptions then I'd be worried.
Comment · 8 years ago
This could read "Stock price at public companies a distraction for employees"
Comment · 8 years ago
Saw several people at work picking up this weekend. In a company of 200 there are now over 20 in the lot and this isn't the Bay Area.
Comment · 8 years ago
There are also a great number of people who have never spent more than $35k on a car who are buying a M3.
Comment · 8 years ago
The car is unbelievably good coming from someone who used to drive entry-level luxury sedans. It's light years beyond anything BMW, Infiniti and Lexus have to offer.
Comment · 8 years ago
Yes, it works very well but not for the 'wisdom of the crowds' effect. It works because the people with the most information and best models sharpen up the price. Over time, the sharpest bettors grow their bankrolls or capital exponentially and place larger bets and have a disproportionate weight on the markets and their opinions matter more, making markets more efficient.
Comment · 8 years ago
Ironically, one of the core reasons for less IPOs is Sarbanes-Oxley, which was meant to protect retail investors but instead has had the second order effect of reducing the number of IPOs and limiting the available higher growth / higher risk opportunities these same investors.
Comment · 8 years ago
Are they hardware limited? It seems like the limiting factor is the convnet rather than the hardware...do they think it would be more safe with less latency?
Comment · 8 years ago
What city was this in? The wait time was 6-8 months in Toronto for my uncle.
Comment · 8 years ago
The quality is also better if you have insurance. Firstly, because it's easy to see a specialist. Our friends in Canada don't even know you're supposed to see specialists for a lot of ailments. Second, most facilities have access to diagnostic equipment that even hospitals might not have in Canada (MRI machines, etc).
Comment · 8 years ago
It'd be great if there was both but it's not allowed in Canada so the net effect is you get less tail outcomes, both positive and negative. For folks in the US with insurance, it's a big drop in the standard of care and for folks without, it's a big improvement.

One other thing that's not often mentioned is the best doctors tend to move. When my grandfather was super sick, he was next to a man who's 3 sons were there looking after him. They were all doctors and came to the US to practice because Canadian salaries were so low (they too were ranting about how bad the care there was).

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