Recent submissions

Comment · 11 months ago
Comment · 1 year ago
Summary from ChatGPT:

- DHS proposes replacing the random H-1B lottery with a weighted system based on wage levels (higher wage = higher chance).

- Weighting scheme: Wage Level I = 1 entry, II = 2, III = 3, IV = 4.

- Goal: favor higher-skilled/higher-paid workers while still leaving a chance for lower wage levels.

- Differs from the 2020 rule (rank-order by wage); this uses probability weighting, not exclusion.

Comment · 1 year ago
Comment · 1 year ago
Comment · 2 years ago
Yes, donating stock means you avoid capital gains. But even more relevant in this case is that she likely inherited the Berkshire stock from her husband which also resets the cost basis which means she wouldn't have had to pay capital gains even if she had sold the portfolio instead of donating.
Comment · 3 years ago
>> as all cardholders get their bills on the same date, giving customer service reps a huge peak in workload.

A real world manifestation of the thundering herd problem

Comment · 3 years ago
Unfortunately, looks like https://www.tarsnap.com/infrastructure.html will have to be updated.

>> So far such an outage has never occurred; but over time Tarsnap will become more tolerant of failures in order to minimize the probability that such an outage occurs in the future.

Comment · 3 years ago
This is not true. If the bonds are held to maturity, there are no losses.

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