jcnnghm

Is there an underlying stream processor (e.g. Flink)? How many messages per second can it process?

Sanders plan will adversely impact the bay area, and home prices in particular. If you're making over $250k, the social security phase out goes away, you have 2.2% of extra income tax, and 6.4% of new payroll taxes. Add in 11% for CA, and you could easily be losing 70% to tax all-in at the margin. It'll be tough to get employers to pay an extra $100k a year to cover a $30k rent differential. Considering that you can already afford much higher quality housing with a higher standard of living outside of the bay area on half the money, why stay out here? San Francisco is gross anyway.

This plan will push the bay area in particular far to the right on the laffer curve. What'll happen to US GDP growth if the tech industry starts imploding and moving out? It's possible to make more in the bay area than in the rest of the country, but if you're only retaining 30% of that excess, all of which is soaked up by long-time landowners and the insane cost of living, why bother.

Where do you think the people that would live in new luxury condos go if there are no new luxury condos? Any chance they may buy up existing rental properties and evict long-time residents?

There's a big difference between not liking something, and it not functioning.

Did the people that charged $200 million to build healthcare.gov get to keep the money after the project failed? What about the people that allocated that money, do they still have their jobs?

It seems kind of disingenuous to ask engineers to do a "tour of duty" at a substantially reduced rate, when they could instead contract at normal rates and actually deliver working software. If you want to help the government, contract at normal rates and actually deliver high-quality, working software - don't take a pay cut to do it.

If the people that can afford $3,000/month for rent don't have a place to spend it, they'll just bid up the price of the other housing. Nobody is going to build hovels out of the gate, affordable housing is luxury housing that was built 50 years ago.

I think that anything more aggressive that the right-of-first-refusal at the third-party offer price is unconscionable.

Goldman Sachs 2011 net income was $162,913 per employee. Average pay was $367,057. It's harder to get data on Google, but it looks like the mid-career median salary is $141,000. Google's Gross Profit (Total Revenue less Cost of Revenue) was $24.7B in 2011, and GS's was $24.5B. At the same time, Google had 32,467 employees to GS's 35,700. Yet, the Google net income was $9.7B compared to $4.4B on the GS side. The difference seems to be made up entirely by the difference in employee compensation.

It's the money, stupid.

A Leatherman Multitool

I recommend the New Wave, though I also have a Charge TTi. I find myself using them all the time, and they last a really long time. I still have, and use regularly, the Leatherman Super Tool that I got in the mid 90's. I keep one in my office, one in my care, my girlfriends car, and one in the utility room. Really nice to have a solid multitool nearby whenever you need one.

Diversification at the corporate level isn't a good idea. Investors typically demand a discount (the conglomerate discount) for diversified corporations because they can easily diversify themselves by holding a variety of securities. Imagine an investor that values social networks highly, but who doesn't care for VR. They'll view this as a distraction from the core business, leading to a discount of the core business and an even greater discount of the VR portion. Diversification makes companies harder to analyze and reduces management focus, and has the tendency to depress both earnings and value.

There are some exceptions around market inefficiency, for example in the case of emerging markets where companies are difficult to manage and finance, but those are becoming less common, not more. I think there may be an argument that the market inefficiency caused by the extra reporting requirements imposed by SOX is causing more companies to go public by way of acquisition instead of IPO, but I haven't really seen clear data on that point.