bartart

Joined 9 years ago

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nook.pollen0v. [at] icloud.com

Idk maybe shoot me a message on anything really

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Comment · 1 year ago
Do they have any specific reasons? Haven't heard that sentiment before so curious to learn something new
Comment · 2 years ago
That’s very interesting, so thank you — how do you handle if the eigenvectors change over time?
Comment · 3 years ago
I don't know that these are very good examples. The box office and newspapers have been declining for years. Companies like Apple of course have a higher revenue relative to US gdp because they can sell their products with ease to rich people all over the world, not just in the US.

It is also completely unsurprising that the internet's most viewed websites is unchanging as the industry has matured, following the pattern of every industry since the industrial revolution.

And the structure of US elections completely discourages third parties, and this is not a new thing. In Europe things are much more dynamic -- France's current president founded his own party and then won the presidency and legislature like a year later. It's also probably good that people are living closer together, ideally as densely as possible, from an environmental perspective.

Comment · 3 years ago
I am curious, is putting up with the occasional self-obsessed ceo not worth it?

For example Tesla has a market value greater than every European carmaker combined, having gone from approximately 0 annual car deliveries to over a million in just a few years while revolutionizing electric travel. Or with space x developing reusable rockets that have utterly transformed the industry. These companies will contribute to economic dynamism and wealth creation for years and decades.

Macron said of American space companies, “Unfortunately they’re not European, but they took a bet”. Perhaps at a certain level you need people with lots of money who are willing to risk it

Comment · 4 years ago
The big read is definitely very good https://www.ft.com/the-big-read. You can read the articles by googling any article title in a private window.

Just to give some examples, in the last week they published lengthy articles all with charts on topics as varied as a European private equity company's IPO, Ben & Jerry's activism, and tech companies shredding old memory disks.

Comment · 4 years ago
Here is an interesting article outlining some specific Clinton-era laws that were an enormous help to private equity: https://prospect.org/economy/cut-off-private-equitys-money-s...

There used to be strict leverage restrictions on funds that raised money from investors, as well as limits on who/what entities could invest in the funds. The article really goes into more detail but lawmakers and the Clinton administration eliminated these laws and birthed the modern private equity industry which is pretty much the definition of short term focus.

Comment · 4 years ago
Aren't products like smartphones, laptops, desktops, etc all low-margin businesses though? At least for every other company in the market. Apple just sticks to the high end?

Porsche sells hundreds of thousands of vehicles per year with something like $20k profit per car on a $90k average selling price. There could be big demand for an innovative Tesla equivalent that didn't have so many build quality issues.

And Foxconn is desperate to get an Apple car contract. Car companies really screwed themselves by outsourcing everything to suppliers (who have much higher profit margins than the car manufacturers at this point) except the internal combustion engine which is losing importance fast. What I am seeing here for Apple is big demand, low barrier to entry, and high profits.

Comment · 4 years ago
Comment · 5 years ago
Yeah, the actual pew summary for that question was "Germans more likely than those in other publics to say they are satisfied while offering few specifics".

It seems like the takeaway is only two percent of Americans say vague positive things when talking about what gives them life satisfaction, with many more saying specific positive things

Comment · 5 years ago
Comment · 5 years ago
I know what you mean but I think think this specific article makes a good case. For example the financial industry concentration in New York and retiree mass emigration really do distort things.
Comment · 5 years ago
Comment · 5 years ago
Plus it appears that the lab was poorly run: She noted that a September 2019 paper in an academic journal by the director of the WIV’s BSL-4 laboratory, Yuan Zhiming, had outlined safety deficiencies in China’s labs. “Maintenance cost is generally neglected,” he had written. “Some BSL-3 laboratories run on extremely minimal operational costs or in some cases none at all.”
Comment · 5 years ago
I would agree that it doesn't seem like much. But the article says that the director of the wuhan institute's BSL-4 laboratory wrote in 2019 that “Maintenance cost is generally neglected ... Some BSL-3 laboratories run on extremely minimal operational costs or in some cases none at all.”

Most importantly, "the WIV housed numerous laboratories that worked on coronaviruses. Only one of them has the highest biosafety protocol: BSL-4, in which researchers must wear full-body pressurized suits with independent oxygen. Others are designated BSL-3 and even BSL-2, roughly as secure as an American dentist’s office."

"Shi Zhengli herself had publicly acknowledged that, until the pandemic, all of her team’s coronavirus research—some involving live SARS-like viruses—had been conducted in less secure BSL-3 and even BSL-2 laboratories."

There is apparently a history of SARS escaping from Chinese labs on multiple occasions, and the bat coronavirus from the mine that was human transmissible was the "only one whose genome closely resembled SARS". And according to the Wuhan lab itself, the coronavirus is "96.2%" similar to this sample, though they tried to hide this.

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