frikskit

Assuming they work 40 hours a week. Do they?

Maybe I’m just off the mark but this doesn’t seem like the kind of job you clock in at 9 and stay till 5.

That was not a useful metaphor, but by all means try again (if you want) and teach us something interesting (and concrete) based on your unique experience.

While I very much agree with your sentiment and to be honest I prefer dining in the USA, it’s naive to think (in most cases) that they actually care about anything other than getting you out of the restaurant as soon as possible to work a new party.

Of course, there’s a bit of future optimization where they want you as a repeat customer, but that manifests in pretending they don’t want you out, not actually feeling that way. It makes sense - a rational revenue maximizing business does want you out but they need to pretend they don’t. The veneer is thin in many cases (though it varies by establishment). Personally, I’d prefer the incentives aligned with being a bit more straightforward, down to earth and without fake flattery.

I remember I had a meal once as a group of 5 about 10 years ago at a beachfront restaurant in Boca. At this group size a tip of 18% was added by default. Our waiter had been so cloying and over the top, calling us friends, etc. When the bill came and I didn’t tip anything other than 18% the waiter started shouting from across the room and made physical contact with me because he thought I hadn’t tipped. It was really a horrible experience, but very telling.

It’s not surprising to anyone that two random Spaniards may disagree on whether a number like this is high or low. That’s because Spaniards don’t all get together to agree on a common position for online posting; and because high/low depends on the context and comparison to other countries.

Spain’s gini coefficient indicates it is much more equal than USA, but not as equal as, say, Denmark.

You’re right but this chain of reasoning is irrelevant/missing the important point.

You don’t need to track index X to be affected by changes in X. You only need to hold something related to X. Almost all pension funds, heck almost every investment account in the world holds something affected by some index.

If you think seasoning windows don’t matter and pre ipo price signal is already great, true and fair, explain Cerebras price after IPO in the midst of one of the biggest sectoral bull runs in history.

So what that it’s total market? We must be talking about different issues. The main issue for me is that the seasoning window was reduced. Of course eventually spcx should be included, I’m not arguing against that (and I haven’t heard anyone else argue that convincingly or at all either).

If everyone expected the price of the stock to remain the same or higher after the seasoning windows then why were those with the most to lose if it did not, lobby so hard to change the rules?

Also, what do you mean the 0.3% thing never happened? The ipo hasn’t happened yet, so obviously the index rebalance hasn’t happened.

It’s not just Nasdaq-100 it’s Russell indices too, which are way bigger by the way (not that it matters).

Regarding misplaced corruption allegations. Virtually everywhere it is illegal to both give a bribe as to receive a bribe. It’s not just Musk et al who should be called out.

As for the unnamed sources doing the scaremongering, it seems you should be calling those specific people out instead of downplaying this whole issue. You’re dismissing the argument not on its merits but because some people argue for it badly.

But… it’s not just nasdaq it’s Russell indices too.

What was unlikely to happen? It already happened in Nasdaq. It’s nice that it didn’t for S&P but for most investors it already did happen, so I’m not sure the ‘whatever’ attitude is warranted.

Also, since when is it appropriate/intellectually OK to respond to allegations of corruption by saying ‘stop freaking out, it’s only a small amount of corruption PER PERSON’.

94K GDP/Capita for US is wildly off it’s around 66K.