turc1656
Joined 10 years ago
Joined 10 years ago
For productivity, I absolutely require either a docking station or some sort of KVM switch setup so I can use a regular keyboard, mouse, and monitor. That, or I just remote desktop right into my secured work device which essentially serves the same purpose. I lock myself in my home office and tell the wife and kids to act like I'm at the actual office.
The work/life balance is actually better because I don't have to commute. Just make sure if you normally go to the gym that you keep that up...assuming your gym doesn't close because of this. The gym seems like a primary place to close down because of this virus.
We use Skype and Teams to keep the chic chat style banter and useless meme-sharing alive and well.
Hell, just writing that out actually makes me think twice about calling and booking something. But I have young children and my wife would be unnecessarily worried the whole time and she doesn't even like cruises.
You can store the database (encrypted of course) in a Dropbox account that it can connect to. The desktop version can also periodically store backups locally on any device you want. If you treat the Dropbox as the centralized master, every one of your employees can simply use either the Windows desktop app or just keep a browser tab open with it (like I do at work). Any changes anyone makes will instantly be reflected across all instances.
I've never tried using for more than my 3 devices, but I don't see why it wouldn't work seamlessly.
For example, if we took a simpler example of something more people are familiar with like options...let's say you buy a put at a strike of 100. The stock is trading right around 100. The market tanks like it has been doing and the stock goes down to 80. That's great for you since you had the put. You technically have the right to buy the shares at the market and shove them onto someone and force them to pay you 100. Most of the time, since we're dealing with derivatives, they just trade the value of the option itself and skip dealing with the underlying security because it takes a lot of capital (100 shares * 80 bucks each in this case). So the value of the option (the derivative) should be around $20 as you approach expiration and the premium fades off. If the market maker for the options has way too much exposure and wrote naked puts (meaning they didn't have the underlying security) they took on a ton of risk and basically got fucked. In this scenario it's like Burry calling and finding out his options are worth like $1.50 instead of $20 simply because they are thinly traded and therefore can't get a good price by anyone. This actually happens on some options - you'll see a huge spread between the bid and ask on some options so it's not like it doesn't happen even for this type of retail-friendly derivative.
You don't actually need to improve efficiency/productivity if the government has tools like the discount rate, open market operations, the ability to alter margin requirements on derivatives, fed funds rate, as well as programs and policies like MMIF, TAF, CPPF, ABCP, TALF, ZIRP, to manipulate the money supply and the velocity/flow rates of money.
I like that idea better, honestly. It's more accurate and doesn't require video monitoring and all sorts of AI/ML/DL algorithms. Though, I don't know the practicality of attaching RFIDs to everything, nor the cost. And I assume some people would try to just rip them off, which I imagine would be the biggest concern, in addition to having the staff attach them to everything.
OPs point is clearly that the panic selling is not rational and they are acting accordingly. Whether or not that's correct remains to be seen, however.
I'm not saying you can't or wont' succeed. I have no idea.
But it seems like the first thing that happened is that you decided you wanted to start a business. Usually it's the reverse - you get inspired by discovering a problem and realize you have the skillset and motivation to solve it and then you come to the realization that you need to start a business to do that. For founders/entrepreneurs with experience having done that previously, this is likely a scenario with a much higher probability of success.
But I imagine the success rate of people who say "I want to start my own business" and then look for a business to start have much lower success rates.
I'm not trying to rain no your parade at all. Just wanted to give you something to think about before you spend a fortune in time and/or money starting something. I could easily be wrong, though. Just food for thought.
...huh? I've been in corporate America for 19 years now and I've never once had this happen. I've never seen anyone just look for the cause and not ask what can be done to prevent it in the future. Everyone KNOWS that question is coming next.