JohnJamesRambo
Joined 10 years ago
Karma
10,641
Submissions
2,718
Member since
Dec 12
Recent submissions
Comment · 4 years ago
Can you give any insight on how Psyche failed? I mean we have the report but I still don't understand how any of that could happen.
Comment · 4 years ago
[flagged]
Comment · 4 years ago
I wonder if anyone remembers an old experiment they did with houseplants and removing VOCs. They did the experiment right and had one plant have all leaves removed and it removed as much or more as the plant. The source of VOC removal? The potting soil and the life within. That's my memory of it.
Comment · 4 years ago
>The complaint alleges that the Meta directors failed to consider that shareholders with diversified portfolios may be subject to net losses from Meta’s pursuit of a business model that maximizes advertising revenue without regard to the harms it inflicts on the rest of their portfolios.
This is one of the craziest stances/lawsuits I’ve ever read. Boglehead thought has taken over so much that the shareholders are referring to a nebulous diversified portfolio as something that somehow must be protected by law. That’s too far out there.
Comment · 4 years ago
I cancelled my Tesla due to the Paul Pelosi tweet. It was the last straw. Was supposed to be picking the car up tomorrow after waiting seven months. It makes me sad because I love the car, we sold our 2021 to buy a 2023, but I just can’t stand to be associated with Elon or support him/send him money. I don’t think I’m alone in feeling like this. He represents to me some of the absolute worst things about the world I see and the exact opposite of how I want the world to be headed.
Comment · 4 years ago
60 hours of golf is a lot.
Comment · 4 years ago
>A modern-era Energy Star-rated fridge, by comparison, might only use 350 kWh annually. At the same $.10 per kWh price, that's around $.10 a day, $2.9 per month and $35 per year
I admire efficiency a lot but I don’t think digging around in a chest freezer is worth saving $31.50 a year. Others may feel differently.
Comment · 4 years ago
If you are anticipating human greed evaporating, then yes, crypto will go to zero. My experiences so far in life have shown that to not be likely.
People holding stocks may never see ATH either, it’s the risk we take for the mental construct we believe in.
History says they probably will, as long as they hold a diverse portfolio.
Unfortunately crypto has become just a leveraged bet on the stock market and has lost much of its uncorrelated asset status. If the stock market recovers, crypto recovers even harder. Ethereum price is like a higher leverage TQQQ if you check the charts. I liked it better when it was uncorrelated.
Comment · 4 years ago
Alameda is helmed by quants from Jane Street etc., they are supposed to do better with regard to risk management, forecasting, bet sizing. Their whole M.O. is that they are smarter and actually do math and that is the source of their success.
https://www.alameda-research.com/our-team
Whether that is true or not, I don’t know. But from their tweets and podcasts it does seem they approach things very differently and in a way that makes sense.
Comment · 4 years ago
The guy that wrote it, Dirty Bubble, was big on the Celsius exposé train and he is trying to strike gold again. Idk how accurate any of it is though but that’s Dirty Bubble’s history and backstory. Kind of like FatMan and Luna. They want to stay relevant and get the next “big scoop”.
Comment · 4 years ago
This might explain why Sam Trabucco the former co-CEO abruptly left out of the blue a few months ago…
https://fortune.com/crypto/2022/08/25/sam-trabucco-quits-co-...
For those not in the know, Alameda is THE trading firm in crypto that everyone always assumes is causing liquidations. For them to be insolvent would be a huge deal.
It’s crazy to watch greed pollute the minds of crypto trading firms like Three Arrows Capital and Alameda. Zhu Su put it best in his own tweet long ago before the greed set in and he needed more and more gains.
https://twitter.com/zhusu/status/1092305648904065024
“Bad TA (technical analysis) is not just marginally bad--it can mean being net down trading an asset that has gone 1,500x and is still 250x from start date.”
“For much of 2017, Buy and Hold was actually the best performing strategy since Jan1 2013 of ALL TA strategies possible. This can easily become the case again if we go on a bull run at some point.”
Crypto gains are so large that there is no need to go crazy with trading and leverage and the crashes every four years are actually a great boon as long as you realize they will never go away.
Comment · 4 years ago
What a novel and original argument.
Actually Bitcoin and Ethereum have a known supply and limited inflation (Ethereum is actually deflationary now) so best suited to not go to zero. The USD on the other hand…
Comment · 4 years ago
Did they punch themselves in the face or was it Cambridge Analytica type meddling from groups with a vested interest in Brexit happening stomping them in the face with a boot?
From my brief reading about the matter it seems that the same villains showed up over there for that manipulation campaign.