jamornh

How much is a pint of beer? Pubs here in Singapore is not affordable at all. Going to one everyday after work will really land you in the poor house.

I believe you are referring to dividend investing? Investing in a portfolio of stocks that pay higher than average dividends. I'm not an expert in this, but dividend stocks don't normally have as high of a growth potential so the math may be different. Usually when the FIRE community refers to investing, they usually refer to an index fund that includes either the S&P500 or global stock index so you can track the movement of the broader economy and count on the economy growing year over year.

With dividend investing, it's not really the same thing and the math likely won't work out the same.

Sounds like survivorship or selection bias to me.

I don't think that was the point of my argument. I don't agree that rich people should be above the law, but that doesn't mean I can't disagree with the way the punishments are structured. I'm all for punishing all equally under the law whether you are rich or not. With that said, that also means that I think financial punishments for laws should be redesigned. A good start would be to fine people based on their networth instead of a fixed sum. Even then, the impact of a $900,000 fine on a wealthy person is likely less than a $900 fine for a poor person.

If you want the rich to not be above the law then the punishment for breaking said law should not be financial in nature. Any punishment that is financial in nature will ALWAYS be less impactful to the rich than to the poor.

An improvement to this would be to structure fine based on networth rather than a fixed amount. Yet even then, a millionaire paying $900,000 in fines is still not as devastating as a poor person paying $900. So I would say that the issue is still the structure of the punishment.

Although that does not rule out the possibility that it stores data locally and only transmit the recorded payload (since the time of last transmission) with the next legitimate payload when the wake word is spoken.

Not saying that they do though since if they were discovered to be doing that, it's way too damaging for Amazon's reputation for it to be worth going through the trouble.

No, but then that's an issue with the way fines and punishments for said crimes are structured, not the fault of those who takes advantage of the loophole.

There are 2 types of fines: fines that are meant to stop things from happening and fines that are there to basically make the city money. Most traffic fines seem to be structured for the latter.

I'm of the view that boring a tunnel is part of his bootstrap plan for bringing the same tech to Mars. It's likely that we will have to dig living spaces underground on Mars and bootstrapping better digging tech by finding a good use for it here on earth first is a great bootstrapping strategy.

Is the 'labourer' not a 'consumer'? If all prices fall due to competitive pressure, all consumers and thus all 'labourers' benefit from cheaper goods. Sure, the 'labourer' may not receive extra compensation due to lower costs and higher margins, but they end up able to purchase more with their dollar when prices fall.

We're all in the same market, I don't see why you would have to make a distinction between 'labourers' and 'consumer'.

I don't think you can attribute his success to luck. Yes he did take risk and yes he was a sociopath in that he didn't care much about how much he had to emotionally torment others to get what he wanted. However if you want to compare what he did to winning the lottery, it would be like he bought lottery tickets and then flew down to the loterry operator and did everything he could to fix the game so that he would win. just like how Warren buffet bought over companies and then made sure they run it his way.

I thought Google already has a product that does video calls across iOS and Android... Hangouts. I don't understand why they are doing this independently of a product they already have.

Self driving cars and public transportation are not mutually exclusive though. Think of how convenient it would be when buses and taxi operate just as easily at night as during the day. One of the reason why cabs are more expensive at night in some cities is because you have to pay the driver more to provide the service at night. Same with buses.

Looks like you have to press a button for it to start listening.

Thanks for the detailed reply! I've been interested in the echo and wanted to get into it for a while so I'll definitely dig into flask-ask and try to get up and running with it.