jboneal
Joined 10 years ago
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2
Member since
Jan 5
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Comment · 7 years ago
I agree - it seems like a LiveView equivalent for Rails should be doable in principle. Check out these two projects, they're sorta heading in that direction:
Fie: https://fie.eranpeer.co/
AnyCable: https://anycable.io/
Comment · 7 years ago
Controversial take: Buffett is actually not a great investor in the way people think. Via the float in his insurance companies, he receives a 0% infinite maturity loan to plow into the market. That financial leverage gives him the ability to beat the market year after year - not his own stockpicking prowess.
If you were to start with $1B, then get an extra $2B that you never had to pay back, you too would do quite well holding Coca-Cola and other safe companies with moats. Your returns would be 3x everyone else's.
Buffett himself has tried to explain the impact of float on Berkshire Hathaway but it never seems to sink in with people.