Recent submissions

Comment · 5 years ago
Depends on exactly what "average" means in this context.

The most naive of interpretations (e.g. averaging each of the R/G/B values) is generally not what we want.

Would be super cool to add some different averaging schemes to this.

Comment · 8 years ago
Yeah I tried to research Go Assembly ~12 months ago and came up with relatively little. It's great to see this!
Comment · 8 years ago
For comparison, this is a calculator that was built by actuaries[1] for the Australian market:

https://supercalcs.com.au/ris9/mst

Some really important things that are built into it are:

- Everything is given in "today's dollars" and that's done by reference to a salary index, NOT a price index, to reflect increases in community living standards.

- It shows some indication of the income level you can expect during retirement given your lump-sum retirement benefit.

[1] I was one of the actuarial staff that contributed to it

Comment · 9 years ago
Comment · 9 years ago
I saw Layla (the director of UDMH) give an excellent presentation at PechaKucha Tokyo last month.

I look forward to flicking through this document.

Comment · 9 years ago
This is not a product that I'm interested in, but may I provide some feedback on your website?

It took me a little while to understand what Clickrouter does. The very first line, "Monetize Outbound Clicks", contributed a lot to my confusion. It made me think that maybe you were just a frontend to e.g. Amazon's affiliate program.

It was only when I read Step 4 of "How's it work" that I understood what it did: "Watch ClickRouter route each click to your best (i.e. most profitable) merchant network every time !"

I would've been much happier if the very first line was something like "Maximise your revenue by automatically using the best affiliate links."

Straight away I know _why_ I should be interested in your product, and how it works.

Comment · 9 years ago
I don't (yet) have an opinion on this, but it's important to note the other side of the coin...

> Hope everyone's paying attention to the identity of these investors behind this horrid behavior. Travis is not without his flaws but he created an awful lot of value for them.

He's been very well compensated for the value he's created. You don't keep a job because of what you've done in the past, you keep a job based on what you can do in the future.

Comment · 9 years ago
I don't think this is a realistic concern.

There are many things in life which technically give a perversive incentive to murder or commit other crimes, yet the perverse incentives aren't a show stopper.

One example of this is "I want your Mercedes, I will murder you and steal it."

Another example is a will and testament. Sure, sometimes people murder because of these contracts, but as a society we've done a good job of mitigating this problem.

Comment · 9 years ago
I come from the retirement industry, and attention to tontines has been increasing at a steady rate for a number of years.

Some of the drivers of this are:

1) Ageing populations.

2) The people currently pondering retirement have significant assets because they lived through a time of significant economic growth.

3) Increasingly cash-strapped governments and their social security worries

Comment · 9 years ago
Care to expand on the potential perverse incentives?

Like everything, there are downsides, but there's nothing terribly crazy-bad about tontines.

Comment · 9 years ago
I think that you raise some interesting considerations, but I don't think it paints a full picture, and some of the missing parts of the picture are important.

While there are some parallels between coins and penny stocks, there are also some fundamental differences which means they aren't so easy comparable.

Sure, penny stocks are very highly speculative, just like coins, however unlike coins they have very well defined "value". That is, they are fractional ownership of a legally defined entity.

The value of a coin is much more difficult to understand and/or appreciate.

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