Marc Rich, fugitive financier
115 karma · joined April 1, 2016
When does it become criminal to skip the step of establishing an accounting system....prior employees say they didn't even know their cash, liability, or trading positions.
FTX customer deposits went into Alameda bank account. Could be that they stayed there and somebody just kept a spreadsheet of deposits?
My point is that the astounding lack of records and systems may make it very difficult to prosecute him. For example, trades and payments were executed just on verbal orders so it will be hard to pin specifics on SBF.
Probably testimony of insiders will be the most compelling evidence against him.
Primary theme was Defiant
How does this pair with a primary theme of defiance....
TIL forms of non-admissable legal evidence [polygraph, barking dogs] which are nevertheless considered useful to a judge. This tool sounds similar.....not useless, not definitive.
You are using established lab gear and existing research on metabolites, which helps establish credibility. So you have first mover advantage in that you have learned HIPPA compliance and will be first for FDA approval.
If this product was a huge success, is the thing that would make it difficult for copycats your ML-based data analysis software?
Lots of ppl have sensitive data, but, what could you say to customers that would give them cybersecurity comfort?
The "relax" idea is easy to say, harder to do. Very important. Baby can pick up your vibe.
Longer term: The #1 best thing to give your child is to have a strong relationship with your partner. IMO, this takes a lot of work, especially if you were raised in a home without that. As much as education, safety, and health, this is the highest gift from parent to child...the capacity to have healthy relationships.
Second only to that is to earn respect from the child. Enforce boundaries and consequences ...lovingly. Learn how to fashion consequences to fit the crime.
Lastly, if you let your child learn how to divide and conquer parents, you are asking for mountains of conflict.
There are so many ideas that could create great progress if they could find a sponsor.
When I was 17, I: (a) was immortal (b) knew everything (c) had boundless energy (d) was out to change the world (e) did not know myself.
Fifty years later, I am • finite • humble • energetic in spurts • want to teach and encourage • still learning about myself.
Y Combinator, my best BD wish is that all your mistakes will be instructive. <3
Trying to close accounts for my just-deceased brother took HOURS over several days. The retention person at Verizon even said there could be many reasons not to cancel a dead person's account.
1. The enemy of healthy living is social interaction that is nearly always alcohol and food indulgence. Either your user has to find new friends (like an alcoholic develops a cohort of non-drinking friends,) or they have to acquire the strength of purpose to abstain while still being social. Success here is very dependent on self-esteem....a distinctly non-technical aspect not directly addressed by the app.
2. Preparing your next meal BEFORE YOU ARE HUNGRY is critical to success. This could be addressed by subscribing to a pre-packaged frozen meal service, or, by consistently doing grocery shopping and meal prep in advance. The latter takes planning, discipline, and effort. Lack of planning is frequently the reason for eating excess or unhealthy food.
3. Eating to self-soothe is prevalent. Learning other sources of pleasure or gratification is crucial to sustained success. For example, I always want second helpings even though I know I have already had enough. This because my stomach needs an extra 15 minutes to tell my brain that I am satisfied. To cope, I set a 15 minute timer and for that 15 minutes, I walk away from the food area, sit in a comfy chair and do something pleasant with my phone, such as read fashion news or text with a friend. A sine qua non of healthy eating is having a list of other pleasant things to do when you feel the urge to eat when not hungry.
4. Many overweight people will only succeed in the transition to a healthy life if they have in person contact with others that support and acknowledge their struggle. Either a 12-step meeting or a FaceTime call with their coach is vital so that your user can visualize that person's face when the user is at the moment of decision to binge or not.
5. If you take away food and drink as the emotional coping tool, you have to replace it with something that is not self-destructive. Your users have to be ready when emotional crisis comes when, then more than ever, they will feel entitled to eat or drink anything within convenient reach. For this reason, I am unable to keep ready-to-eat foods in my house.....cereal, cheese, nut butters, dessert, snacks, bread of any kind. I do keep fresh apples and oranges, but that is it. Your user must develop other methods of dealing with crisis.....journaling, phone a friend, or just giving themselves permission to withdraw, lay down and rest if possible. Since I have momentum on my side, an activity that 100% occupies the mind, like a spin class, is my helper that enables me to muddle through. Meditation is another good tool.
I have come to believe that lack of self-care has much more to do with emotional self-regulation and self esteem than it does with lack of knowledge on sleep, exercise, and nutrition.
However, for those who suddenly get motivated by a health scare, the knowledge and guidance in your app is like a welcome breath of life.
Tether yourself and go up on customer's roof and blow off the leaves and debris.
Weed the flower beds. Wash windows. Detail cars. Play with kids outdoors. Clean and polish the brass fixture exterior lights.
Use customer mower to cut the lawn.
My friend does Concierge errand services and he makes $50 a day.
Another issue is the change in the number of people living here. 1990 had 250MM. 2018 had 327MM. That 30% increase is bound to add stress and conflict.
Another: the pace of change has been overwhelming in the last 25 years. That might create self-doubt about one's capacity to keep skills updated.
Another: the decrease in life expectancy of white middle class people due to overdose and suicide. The plague of suicide is the message of futility and nihilism for survivors to absorb.
Prosperity cures a multitude of ills. Widespread under-employment brings every bruise, boil, laceration, and trauma to the forefront. College students see the employment landscape. They face competition from citizens and non-citizens, and thus a pie that gets divided among a bigger denominator.
The economic reality is that college is necessary for skilled occupations. Parents steer their kids into college, even though some of those kids don't have the self-management skills to succeed in college. If they do have these skills, they commonly are allowed to take coursework that is bound to result in a minimum wage job. This mortgages the first 20 working years of their adult lives with student loan debt service. I would certainly be discouraged by this prospect.
Lastly, the disconnect in authentic relationships that social media fostered took away a piece of the fundamental human safety net.