robzyb
Joined 13 years ago
Joined 13 years ago
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
I think that's a bit hyperbolic.
But, that being said, it annoys me that they haven't even put enough effort into this change to update the documentation.
> Note that the current best definition of the algorithm for counting characters on Twitter is described in the page on the twitter-text Tweet parsing library. This documentation will be refreshed shortly to reflect the most recent changes.
https://developer.twitter.com/en/docs/basics/counting-charac...
I look forward to flicking through this document.
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.
> 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.
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.
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
Like everything, there are downsides, but there's nothing terribly crazy-bad about tontines.
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.
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.