madballster

The linked article did not say climate research is fraud. It says the climate implications of permafrost thawing are complex and very difficult to model.

I found Firefox to be much more response when operating lots of tabs and opening and closing tabs quickly with keyboard shortcuts on Windows. My direct comparison is Microsoft Edge (Chromium based) which is noticeably sluggish on CTRL-W and then trying to type a new address.

Even after days of usage, my Firefox process might grow to 3-4gb of ram usage with no noticeable performance penalty.

Have you found a better alternative for someone who trades a lot? I'd like to drill down into trade results per symbol and get ROI statistics and visualize past buy/sell points.

Spitznagel runs a fund that specializes on so-called "tail-risk events", i.e. he profits from extremely unlikely economic scenarios such as hyperinflation or violent economic crashes. He profits more the more assets he has under management, because he charges his clients a performance fee of probably around 20% of profits. So part of his job is to constantly find new investors by telling them that the worst economic crisis is just around the corner. And how he he just happens ot have the right solution.

This is an old European disease. Corporate profits are often seen as an adverse result; of consumers being taken advantage of unfairly. Taxing excess profits beyond what are already high tax rates is popular amongst voters (e.g. see poll results in the UK, 2022). However, this lowers the appeal for new entrants to enter these markets to compete for these excess profits through better and more efficient products and services. If one wants free enterprise and reap its benefits one has to allow high profits for companies and see if competition takes care of the "problem".

That is a very narrow and frankly sweepingly incorrect description of "CEOs" or "companies". They're not all the same. I for one (alongside many other investors) carefully study incentive programs and compensation oversight executed by the board of directors. There are many thoughtful companies (and CEOs) who e.g. align over very long-term targets, such as '5 year return on capital". Investors have found out a long time ago that incentivizing by short-term measures such as share price (or revenues, or EPS) can bring about very adverse long-term investing outcomes.

I looked through the new features list, but couldn't find the "conversational" threads feature which was on the roadmap for Q1 2023. Is this will coming or am I just missing it?

Ballou's criticism of PE fund managers being skilled in finance but not in operations or engineering is missing the point. A good PE fund manager understands the ins and outs of capital allocation and its long-term effects on corporate performance. A typical engineer or product company founder does not, and those who do are the exception. PE companies are never operators of businesses. They find (ideally) competent management teams and advise them in capital allocation. Ballou alleges PE buys to pillage and throw away the corpse. In truth, PE buys to sell, that's the only way to make good returns.

In a perfect world, they'd buy an under-managed, undervalued company, where necessary throw out management, bring in competent management, perform bolt-on M&A where it makes sense, improve KPIs, then sell a rejuvenated and much more competitive company 5-10 years later at a much higher multiple. Examples? Ingersoll-Rand, Brenntag, SS&C. Unfortunately, Ballou does not talk about the positive outcomes because they don't make headlines.

That however is unfortunately true for quotes from many of history's dark figures, be it Hitler, Stalin or Nero.

While that sounds concerning, I have to question the underlying thesis: Does private ownership always short-change customers, like the subtitle insinuates? "hospice agencies are now for-profit, putting profit maximization over patient well-being."

Do hotels or restaurants put profit maximization over customer well-being? If they do, they will be out of business rather soon. If the hospices have competition and comparability (for patients or their loved ones) then the same mechanism should work over time.

Should normalize this to working days & hours. Germany has up to 6 weeks of paid vacation per year vs. ~10 days in the US.

In parts of popular media, there seems to be an assumption of a very high certainty for an impending "economic productivity revolution thanks to LLM AI". Case studies like this one show the future isn't so clear.

The result of this optimism in big cap tech companies is that many smaller cap shares in industries such as financial services, insurance or industrial distribution are trading for historically cheap valuations. It appears there is very little investor interest in them. I think it's a wonderful time to be a long-term investor.

I absolutely love the immersive background audio and sound FX in the game. It's fantastic listening on headphones.