pottertheotter

I think you’re the only other person that read the article.

That's not the idea behind index funds. It's arithmetic. The aggregate return of active investors, before fees, is the market return. Once you subtract fees, it's below the market return. While some active managers' performance less fees is higher than the market return, it's very difficult to predict which will perform this way. So your best bet is to own the market through a broad index fund that has almost no cost.

If you want to read about this, see Sharpe (1991), The Arithmetic of Active Management.

I'm in the same spot. It seems like every month a post pops up here that's "I hate passkeys" and most of HN seems to agree.

I use 1Password, but passkeys have made things even easier. I'd rather have them than any 2FA method. So many websites make me use a login/password AND then send me an email or text with a code. Every. Single. Time. You're really telling me you would rather do that than have a passkey?!

And, like you said, passwordless email auth is really terrible.

I don’t think Utopia lets you buy it now? In the past you could.

I do a lot of work in the AEC space. This is an interesting idea but I don't find the results very compelling. There are huge houseplan catalogs out there full of mediocre plans. I'm guessing this is trained on that sort of data as both the floorplans and the elevations look more like what you would get from those catalogs, and not what you would get from hiring an architect.

Why does the website look like a video game?

I’ve tried this and it says it will but just keeps cutting in. I hate this feature so much.

Did you use the web back in 1995? It was fun, but it also sucked compared to what we have now. Nothing is ever perfect, but I wouldn’t want to go back.

> I think this could work if you did this at the time your company launched, but the moment you have employees who have Apple IDs tied to their work email that aren't from the Business Essentials system you are stuck in an impossible-to-mange place.

I had the same thing happen but with Microsoft. A friend and I had started a small consulting business and were using Google Workspace, but I needed a Microsoft account to interact with a client. I made one with my business email. None of us knew any better, but I couldn’t connect with our client’s Microsoft setup because it was a personal account. So I went to set up a business account. It was a whole fiasco and the only way I could really fix it was create an alias and use that for Microsoft.

I think the idea is that it happens before they lock the domain as a business. Before that, if you have an email address you can create a personal account with it.

I just hope that people remember this is just one factor affecting quality of life and making a city work.

"Density at all costs" ignores a huge set of tradeoffs that are equally as damaging to a city. Things such as urban form, street experience, long-term adaptability, integration with existing fabric, economic resilience, etc. These are the things that make a city work in the long term.

I’m a big proponent of building more housing. But a lot of it is being doing in very short sided ways that lead to huge externalities.

South of 101

I think you're thinking of the efficient-market hypothesis. The hypothesis is that prices reflect all available information, and "available information" is the key part. The "strong form" includes private information, but research has not found support for this. And even the "semi-strong form" falls apart. For instance, the market for small cap stocks is not as efficient as the market for large cap stocks.

You need a market that has enough people paying attention and doing the work, and you also need a market that has enough liquidity.

Source: I have a PhD in capital markets.