jtdev

Jerome Powell last week:

“But I do think it’s more likely that what happens in the next year or so is going to amount to prices moving up but not staying up and certainly not staying up to the point where they would move inflation expectations materially above 2%.”

I find this incredibly hard to believe personally... I think the 2% projection is bogus, and find it unlikely that prices will magically just come down following this anticipated inflationary event?? Have we ever experienced that outside of very subsidized markets?

https://www.axios.com/federal-reserve-powell-inflation-3061f...

I have a similar approach: I typically have ~60% of net worth invested across index funds and tech growth stocks. But I’ve been building my cash position in recent months mostly via sale of said index funds and growth stocks (I was able to dodge the downturn in tech stocks in recent weeks), but also by simply banking funds that would otherwise have been put directly into equities. Now I’m reluctant to reinvest as I see significant risk in the market short term. I don’t intend to remain on the sidelines.

I’m beginning to question the maxim that “you can’t time the market”... sure, you’re unlikely to time the exact top or bottom, but an approximation can result in significant risk reduction and/or upside.

The equities and real estate markets don’t exactly look appealing right now; I can either watch inflation slowly eat at savings while waiting for better market conditions, or potentially watch a significant portion of net worth evaporate when a mega correction occurs - which is looking very likely.

They’re real enough problems that I’d be violating legal agreements by discussing them here... so no, I won’t be doing that.

No. I’ll continue to use my skills to solve real problems and voice my opposition to the groupthink mob.

Maybe a "Spaceforce" is actually a good idea?

Glancing at your comment history, I can see that you believe your opinions are edicts and nobody can express differing opinions without you pulling your quasi moralistic hall monitoring trope.

The fact is, tech is now under the influence of the woke mob, and I believe that's objectively bad for tech, the people who work in tech, and the prospect of solving REAL problems with tech.

Self host GitLab seems like a good approach here.

In India, you’re born into a socioeconomic position and the likelihood of ever moving upward in the socioeconomic structure is virtually zero. Those at the top of the socioeconomic structure treat those below them like complete shit.

Are you Bill Gates?

Remember, Bill Gates thought this was all a good idea. Maybe he’s not our omniscient savior after all?

Your timeline is off... most organizations were exploited long before the patch went out.

This is Bill Gates: https://www.nytimes.com/2019/10/12/business/jeffrey-epstein-...

Stop giving so much credence to every utterance that comes out of this guys mouth.

He's this guy --> https://www.nytimes.com/2019/10/12/business/jeffrey-epstein-...

I find it hard to believe that Bill Gates has actually quantified the environmental cost of U.S. dollar transactions...

Why do we continue to bend the mindshare knee to the guy behind the Windows Registry?

When did communicating wokeness become so important to many/most newspapers? I suspect that the two are closely correlated.

How does Microsoft bear no financial liability for the many major security flaws in their for profit software? I’m sure they have clauses in their legal agreements, but come on...

The patches went out Tuesday... after many organizations were already compromised.

Reading the patent description is like seeing a blueprint for the destruction of human happiness: https://patents.google.com/patent/WO2020060606A1/en

To be honest, many codebases that I've worked on with large automated test suites seemed to have approximately the same relative occurrence of bugs as codebases with zero automated tests.

Please tell me this is sarcasm.

> “If "Agile" results in extra layers of bureaucracy and more meetings, that's a great sign that agile is being done terribly wrong. Which, to be fair, is very very common.”

It’s so common that it’s been branded: SAFe, and it’s a complete abomination.

Yes, Agile Scrum is definitely beneficial for software delivery in my experience, but only when actually practiced. I see far too many teams doing stand-ups and using Jira and thinking this constitutes Agile Scrum...

Wellcome Trust receives significant funding from the Bill and Melinda Gates Foundation.

U.S. currently has ~95 million cows. That 60 million figure for Bison was U.S. population pre-westward expansion. 60/95=63% - that’s a rather large “drop in the bucket”... dumb take seems to be on your end here bud.

https://www.statista.com/statistics/194297/total-number-of-c...

He wants to tell you what you can and can’t eat. He’s on a fake meat kick rn.

Bill Gates thinks he's saving the world - presumably his ego and idea of a personal legacy are wrapped up in this.

There’s zero hard evidence that red meat consumption leads to bad health outcomes. It’s all epidemiological fud.

Why are people so comfortable with billionaires telling them how to live?

"Epidemiological study supports assertions of those funding the study"

Does that not seem problematic to you?

Oh hey, look who funds Wellcome: https://www.gatesfoundation.org/How-We-Work/Quick-Links/Gran...