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schmidty

39 karma · joined April 15, 2010

http://sentryapp.com http://pinacodelada.com/
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schmidty··on Ask HN: How to accept that life is unfair?
Read How I Found Freedom in an Unfree World
schmidty··on Bitcoin Whale's Bad Trade Leaves Counterparties Holding the Bag
All actors seem to behaving rationally to me. Just because some people dont like the outcome doesn’t mean anyone acted irrationally at any point.
schmidty··on How do you invest your disposable income as a tech worker?
25% in each: gold/stocks(index fund)/30 year US bonds/cash

Its called the Permanent Portfolio and it has a great long term track record: https://portfoliocharts.com/portfolio/permanent-portfolio/

schmidty··on Ask HN: How do you manage “knowledge”
OmniFocus for all actionable items Pinboard for tagging links Google doc listing quotes I like Instapaper for reading later YouTube for watch later Overcast + huffduffer for listen later

All of these work/sync cross my desktop laptop and iPhone.

In progress is a wiki type system for potentially typing it all together. Dropbox Paper has been great for the wiki part.

schmidty··on Bitcoin.org removes “fast” and “low fees” from Bitcoin description page
There are 100 lightning nodes running in production currently.
schmidty··on Blockchains Considered Harmful: Is Brute-Force Processing Replacing Good Design?
What you’ve described is labor theory of value and I don’t think it makes sense.
schmidty··on Golden Rules of Financial Safety (1999)
HB's Permanent Portfolio consists of 25% each cash/gold/stocks/long term bonds

25% stocks (index fund) Stocks – for profit during periods of general prosperity and/or declining inflation.

25% Gold – for profit during periods of bad inflation; during inflationary episodes gold bullion provides protection against a falling currency and other potential problems.

25% Long Term Bonds (30 year) – for profit during periods of declining interest rates; and especially during a deflation. Bonds also do reasonably well during prosperity.

25% Cash – During a recession, no particular asset class is going to do well. The cash in a Treasury Money Market Fund offers stability when portfolio asset classes fall in price. It also protects purchasing power during a deflation.

schmidty··on Show HN: Discover the tech stack for any website
Id like to see some ability to detect different CMSs
schmidty··on Productive on six hours of sleep? You’re deluding yourself, expert says
commute - work someplace closer. or get remote work.

chores - have less stuff to maintain.

eating - not sure what can be done here.

exercise - look into tabata or hiit. you can workout 2x20min a week.

you can also find way to be more efficient with your activities to cut off time on each one, even if you keep it.

sure none of these suggestions is without cost. but these suggestions can be enacted to the end goal of more time (for sleep or whatever)

schmidty··on From Prison to Ph.D.: The Redemption and Rejection of Michelle Jones
What exactly isn't true about my statement.

You are saying people are not individuals with their own preferences?

Sure you can draw mental or geographical lines around people. And then try to apply laws to them.

But at the end of the day there are still people in those lines choosing to follow, or not follow the laws in various ways. And people treating people differently even while following those laws.

schmidty··on Cost of Employer-Provided Health Insurance Rises Toward $19k a Year
And who controls for the number of vets and the number of VA hospitals? The government.

Do you think they would do better in a bigger version of this for the whole country?

schmidty··on From Prison to Ph.D.: The Redemption and Rejection of Michelle Jones
There is no "we" as you mention.

Everyone is an individual with different values and judgments.

How could you expect the entirety of the human race to treat someones actions in a consistent way? It simply is going against reality.

schmidty··on Warren Buffett says health care costs are a bigger problem than corporate taxes
I think cutting costs is the solution as well.

Wouldn't cutting down regulation, and reducing the AMAs monopoly on doctors help?

Less regulation = less costs.

More doctors drive costs down too.

schmidty··on How to Sell Anything: Aristotle and the Ancient Art of Persuasion
I prefer:

Find the individuals profit motive and appeal to it.

schmidty··on Ask HN: What's your go-to back end for simple projects?
Nancyfx
schmidty··on Smoking “causes hundreds of DNA changes”
Are they truly "errors" or deviations which could be good or bad?
schmidty··on The People's Code
No effort towards innovation would then go into that sector. Ever again.
schmidty··on Ask HN: Who is hiring? (September 2016)
Isnt the simplest explanation probably correct in this scenario?
schmidty··on ITT is no longer allowed to enroll students who rely on federal loans and grants
> For-Profit institutions are a plague on our nation

I dont understand. ANY for profit? Like Apple or Ford?

Or just educational institutions? If just educational institutions, what is special about that sector that makes them a plague?

schmidty··on EpiPen Price Rise Sparks Concern for Allergy Sufferers
You might be able to coerce (by force) the world to give you what you want at the price that you want. But that doesnt mean it comes without a price. There is always a cost and many times, with governmental interference much of it is unintended consequences not immediately seen.
schmidty··on EpiPen Price Rise Sparks Concern for Allergy Sufferers
How is government protecting a monopoly free market exactly?
schmidty··on Nvidia – significant increases in parental benefits for employees
> covered by society

why is this preferred? make everyone pay for it? make everyone who doesnt have kids poorer? pass the money through the government that takes a cut of it to administer the program leaving less money on the other side. i dont see the good in any of it