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harmegido

471 karma · joined February 6, 2014

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harmegido··on Sweden Wants to Fight Disposable Culture with Tax Breaks for Repairing Old Stuff
I'm not convinced. Where are you getting that water from? Maybe if you manually drew it from a well...
harmegido··on Sugar industry secretly paid for favorable Harvard research
She's saying that how can you be so sure that sugar is the culprit? 30 years ago, people were very sure that fat was the culprit.

I actually do personally think that sugar is a main driver of these problems, but I get her point.

harmegido··on Short-selling as a way to profit from security vulnerabilities
The objective overseer is the market. If the flaw described is not noteworthy or material (i.e. just hype), then no profit can be made, as there won't be a market impact.
harmegido··on Short-selling as a way to profit from security vulnerabilities
I don't view this as unethical. I think it actually promotes security.

Consider that there are lots of products out there with serious vulnerabilities that no one knows about. A bad actor has tons of incentive to try to find these and keep it secret while exploiting it (for whatever their nefarious aims are). White hats have very little incentive to do so - bug bounties are a joke. So it may be worthwhile for a black hat to spend millions in security research, but it wouldn't for a white hat. The incentives are out of balance.

This type of action presents a way to balance out the incentives. The good actor here only benefits by telling the world about the vulnerability, at which point any users can demand a fix or stop using the product (I realize this specific product is a bit tougher to stop using, but the point remains for most other cases).

harmegido··on University of Chicago: ‘We Do Not Support So-Called Trigger Warnings’
Your post is an amazing contradiction, all within about 20 seconds. An incredible read!

< One of the most effective ways of learning is to hear and consider ideas opposed to the ones you currently hold.

< Second, what the hell kind of professor shows porn to their class!?

Am I missing some joke or sarcasm? I'm normally pretty good at detecting it in text. How can you advocate for learning to explore all ideas, even if they may seem opposite to what you (or others) may hold and at the same time say its repugnant that a teacher would show a taboo idea in video form?

harmegido··on Don't Read the Comments
Yo
harmegido··on Why Do We Judge Parents for Putting Kids at Perceived But Unreal Risk?
But why would they be angry at her for leaving the kid alone? What danger is the kid in? What do they care what she does with her kid if the kid is in no danger?

(Not to mention, how could she afford the child care?)

harmegido··on An Expert in Valuation Says Uber Is Only Worth $28B, Not $62.5B
In my opinion, the key asset Uber has is their driver network. Like you say, anyone can build a similar app pretty quickly, but who will use it if there are no rides available? They've paid so much into user acquisition precisely so it is more appealing for drivers to join the network.

In this light, the CMU investment makes a ton of sense. It's going to be extremely difficult for any other competitor to get the critical mass of drivers that makes grabbing a ride a <5min request, except in the case of driverless cars. GM (as an example) could quickly put them out of business by partnering with google and deploying thousands of self-driving cabs in a city and slapping an uber-like app on it. There's no other way to get that many drivers.

Obviously the above example is a longer-term threat, so to say that anyone can just build an app and outcompete Uber is missing where the real value in Uber lies.

harmegido··on The Dictatorship of the Small Minority by Nassim Nicholas Taleb
Are you just making a sidenote here? This article was using the Kosher/Halal example as just an example of a phenomena, not a thing to fear or praise.
harmegido··on A look behind the scenes at an index fund with Vanguard's Gerry O'Reilly
I don't see why youd need to have any sort of website/outward facing material for this. If you can really do what it says on your about page, then just trade!
harmegido··on Indie Hackers: Learn how developers are making money
I suspect most of the founders are extremely focused on growing their business. Anything that can help with that (free advertising in this case) is something they'll do.

This is just a guess though - I'm not one of these founders.

harmegido··on Not Saying Winter Is Coming, but Where’s Your Coat?
im curious as to why kids get more expensive the longer you wait to have them?
harmegido··on Berlin’s Startup Hub Wants to Prove It’s More Than Just a Scene
All hail PG. Praise be. Praise be.
harmegido··on Introduction to Zipline: A Trading Library for Python
No. Compare any big banks revenues from trading against the revenues of a public HFT firm like virtu. No contest.
harmegido··on Start here to learn R
I thought they were very smart to put a link to datacamp.com in the load message of data.table.
harmegido··on Yahoo sold to US telecoms giant Verizon
I suspect it's not about money at a certain point.
harmegido··on Yahoo sold to US telecoms giant Verizon
They are definitely not imaginary, they just have probabilities baked into them. Many people traded around that valuation which is much different than your example.

Valuations of public companies aren't always rational in my opinion, however they are (again in my opinion) better assessments of value than any one person's estimate. If you disagree and think you are able to make a better prediction, then by all means don't leave a reply here, just short the stock (and with leverage - use options, etc).

harmegido··on YC set to launch one-year minimum income pilot project to figure out logistics
You're assuming a 100% taxed marginal rate after some income level. That seems extremely unlikely. As long as the marginal tax rate is <100%, there will be incentive to work.

But who says income tax is the only type of tax? You can use a progressive consumption tax (no tax under $x item, y% tax from $x to $z, etc) to raise the funds. Economists much prefer this type of tax because it disincentives consumption rather than production.

harmegido··on Deconstructing the DAO Attack: A Brief Code Tour
I'm curious, are there no tests for the code running this? It seems like some of these bugs would be caught with them (especially the typo). And it seems like insanity to not have them.
harmegido··on What Happened When Facebook Hired Some Journalists
This isn't a new problem. Old media has been doing this for centuries.
harmegido··on What Happened When Facebook Hired Some Journalists
I don't buy this planned obsolescence bs. I get that most markets aren't very free, but they're free enough to ensure that superior products generally win out. Companies are trying to make money today. They aren't thinking: "hey, let's put out a crappy product that will be worse than our competitors' so that people will have to buy more of our stuff in the future!"

Any company that did that wouldn't make it to tomorrow.

harmegido··on Homeless alone
She/he could do that, but it wouldn't make a large impact. I think the OP meant that they'd rather pay more taxes with the assumption that everyone else is paying more taxes too. That would make a large impact.

It's the same reason why it's not hypocritical for the super rich to desire higher taxes on the rich, yet still pay the minimum legal requirement.

harmegido··on Catching a Flight? Budget Hours, Not Minutes, for Security
You're assuming that there is any effectiveness at all in TSA's procedures. I'm highly skeptical of that myself. It seems they are always fighting the last war. Someone just tried to detonate a shoe bomb? Better make people take off their shoes.
harmegido··on Apply HN: Krewe- Help people make a group of close friends in their neighborhood
As someone who is in the scenario you describe (new city - don't know many people), I really love this idea. I would definitely use it if it were a big thing, but it will be a less than ideal experience in the early stages (not many prospective friends/groups).

I think one of your biggest challenges would be getting enough users to start. Also, it seems like you'd run into problems that face online dating, where if the service is successful, your users will no longer need you. Have you thought at all about how to deal with that problem?

harmegido··on Hedge Funds Pumped Up Silicon Valley, Now They're Pulling Out
Hardly. There's tons of regulations around them.
harmegido··on Tech workers are increasingly looking to leave Silicon Valley
I'm actually a stock trader, so it's even more skewed for me and would be a good example. Let's say I get paid $50 per year. At the end of the year, depending on my/our performance, I will get paid between $0 and $200 as a bonus, which I wouldn't count as part of my base comp.

Other forms of non-base include stocks/options/etc.

harmegido··on We're ditching the office completely
Wait, those seriously happen? I thought examples of that were just satire. I guess there are some upsides to working in finance. That would never happen there lol.
harmegido··on How Blizzard stayed focused on quality games
When you say "there's nothing innovative about it" regarding hearthstone, you could say that about several of the games Blizzard has made.

WoW is a direct, improved copy of EQ and others. The default hotkeys for EQ and WoW were even the same - NumLock was autorun on both.

How is this a bad thing? You could just as easily have critiqued google for not being "innovative" - they weren't the first search engine. Taking an idea and executing it well is a skill, and a profitable one for Blizzard.

harmegido··on America Is Flint
I don't think this is a good example of what you're trying to argue. It could easily be said that if water was privately provided, rates could be set such that the economics are feasible (everyone needs water - the demand curve is highly inelastic). Competition could ensure the water is pure and fairly priced. Who would go with Company A's lead-laden water if B's is clean?

I happen to disagree with the argument I just provided, but for reasons different than the quality of service a free market would provide.

harmegido··on Chinese Markets Halted, Equities Plunge Another 7%
Would it be outside the realm of possibility for China to mandate that people move to those cities to fill them?
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