James Laflin, Stanford School of Medicine Ombudsperson: jlaflin@stanford.edu / 650-498-5744
David Entwistle, CEO Stanford Healthcare: 650-723-4000
80 karma · joined February 15, 2015
James Laflin, Stanford School of Medicine Ombudsperson: jlaflin@stanford.edu / 650-498-5744
David Entwistle, CEO Stanford Healthcare: 650-723-4000
The current tax system places responsibility on you, the investor, to tabulate all of your gains and losses, but it also gives you the freedom to invest in complex and unusual transactions like coins in the first place. Don't be so quick to assume you could give up the one without giving up the other, were it not for those pesky TurboTax lobbyists.
> Regardless of your opinions on the subject it's a bad thing for the platform [DTube]
I don't agree. If DTube becomes associated with the far right, which by the way is totally jumping to conclusions at this early stage, and if that then becomes a profitable niche for them, then I'd argue they have a legitimate business.
Compare it all to something like MSNBC vs Fox News. Both are quite successful, running political content for people at different points on the ideological spectrum. While it's true that the viewers of one probably find the other's viewers disgusting and deplorable, I fail to see how that's a problem from a business standpoint.
In many places in the U.S., hunters are among the most effective conservationists at the local level.
Source: I worked in a lab
I've built those kinds of science projects, and they are great for fun and for learning, but they are not practical or necessary in any production environment.
Hofstadter's book is brilliant, funny, delightful - a real treasure.
However, his good ideas are cluttered up by the usual sloppy reasoning of postmodernists. He also has an unfortunate obsession with weaving Marxist far-left politics into everything, which is distracting. (Chomsky has the same problem for me.)
The book did not change my life, but it is a notable work of late 20th century philosophy.
The other issue is that Fed monetary policy tends to work with a lag of ~18 months. In other words, once the Fed starts a cycle of raising rates, recession or slow growth are the expected outcome -- not immediately but within 1-2 years following the rate increases. (Why? The reason is because borrowing costs increase for businesses -> they hire fewer workers -> more unemployment -> recession, etc.)
These are general rules of thumb, not hard rules, obviously. Also, the conventional wisdom that reigned supreme between the 1960s - 2009 may or may not hold in the future. Monetary policy has changed dramatically in recent years, and I think it's safe to say that no one is quite sure what will happen when the Fed raises rates. Some question whether they even can influence market interest rates anymore [1].
[1] http://www.nytimes.com/2015/09/13/business/economy/the-feds-...
It all begs the question: what's happening?
[1] http://www.businessinsider.com/sequoia-capitals-michael-mori...
[2] "Tech Startups Feel an IPO Chill" http://www.wsj.com/articles/tech-startups-feel-an-ipo-chill-...
Both sides in this story need to grow up if any of them ever want to launch a successful business.