decompiled_dev

I think a work-life balance lens works well here.

The guy on the right appears to be a better team-mate, that will always give it their all, even if it means hunger.

The guy on the left seems more chill as a room-mate. Which explains my preference for the natural look as a guy.

I think of truth like π. Some people say its 3, others 3.14, others 3.1415

There is a trade off between energy expended vs accuracy needed vs accurately communicating, but the de-referenced concept is not a matter of human perspective. Coordinating truth is why we have standards and protocols to build on.

I think of the modern developer being more like a shepherd rather than a builder now. You have to vibe with the machine, but you need to make sure they stay on easy terrain and give them structure instead of letting them simply free graze.

I think design patterns should be more descriptive, but people try to use them prescriptively.

Being able to say "circuit breaker" pattern or "visitor" is a time efficient way to communicate complicated ideas. Its value is being able to conserve the limited bandwidth speaking has.

Bad coders will always find something or another to justify their work with and it just so happens the most popular book is often referenced, for good and bad.

It depends on your view point and the model you are making.

Generally it will be your cost of capital to be used as a discount rate. Say if you borrow at 10%, then you need account for that every year you need to wait for that return.

A company with access to cheap capital can use a lower discount rate, and come up with higher net present value based on distant cash flows compared to a company that needs to pay a lot.

Net present value is a normalization measure.

The way I see it is that the market participants job is to allocate capital effectively, not function as a savings account. Shorting provides incentive to sniff our frauds and enhances yields for those with fixed liabilities in a low interest rate environment.

Furthermore, not all short sellers are evil. While some short sellers may have ill intentions, short sell have researched and exposed many fraudulent companies effectively embezzling funds.

I don't agree short selling should be banned, but I agree the already illegal practice of naked shorting should be enforced in a more meaningful manner.

If people can lend out dollars for interest, than I think lending out shares should be allowed as well. If banks can lend out deposits and collect fees that seems to be the same thing as lending out equities as well. Do you see some delineation between these practices?

I agree shares shouldn't be lent out the holder permission, but if you want a consistent amount of money every month, no matter what, then those small fees really add up. This is what most retirement funds are obligated to provide, and they can no longer get it in government debt.

This might also be a perspective thing. I have a very different view on the function of markets than you seem to have. A market primary job is to allocate resources effectively, not provide entitlements to passive participants. The market doesn't exist to pump what ever positions you might be long, its meant to reward effective use of capital while preventing ineffective use.

Vanguard, the company behind those funds exerted a lot of pressure on the industry by offering those for such low fees. There are still lots of other funds that charge high fees to this day though.

I am not sure about specific ETFs, but some of them will lend out their shares to make up for the no fees though.

Additionally from a cooperate governance point of view the ETFs will generally vote for whatever management recommends. If the majority shareholder of a company is an ETF then management doesn't have meaningful oversight.

If you don't want to follow a bunch of companies than Vanguard funds are probably a good choice though.

Its a fair view to have, but Microstrategy did disclose the plan to shareholders and offered to buy them out with a premium to the market before buying. So you had the chance to get out if you didn't agree with the decision.

I also went through this as my first project in Rust. I thought it was a good first project.

I thought it was going to be a post about a service outage.

I am sure it stops a significant portion of people opening them still. I'd really want to take one apart before going through the hassle of buying special tools.

Kinda like how companies makes unsubscribing hard, not impossible.