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todipa

168 karma · joined June 10, 2016

Financial Planner and Investment Manager based out of NY. Love helping folks get their financial house in order. Lately been focusing on stock compensation tax optimization.
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todipa··on Russia, China agree to build lunar station together
The balance of power is shifting as SpaceX is developing a cost effective way of building infrastructure in space. Russia probably is well aware of this and is re-aligning itself with a competing power.
todipa··on Israel’s lucrative and secretive cybersurveillance industry
> Antisemitism is such a tired strawman. Am I accused of sinophobia if I critique the CCP? Of course not. But critique of Israel is so often interpreted as 'antisemetic'.

In one you criticizing a ruling party, in the other you are criticizing the only majority Jewish country in the world.

Your statement itself isn't anti-Semitic but highly ignorant of the key differences. I don't intend to change your views nor biases but I hope you are able to reflect on what you wrote.

todipa··on How this Ends
Interest rates will not go up like prior decades. The long-term trend is down-ward sloping. Only inflation can push rates up and that can only be achieved by reversing globalization and making the cost of labor go up.

https://www.bankofengland.co.uk/-/media/boe/files/working-pa...

todipa··on An Air of Permanent Mourning
Upstate New York is wealthy in water (a lot of it went unused). NYC is wealthy in economic activity that is taxed at a high rate to provide the State with resources. Are those resources allocated in a manner that is fair and equitable? I don't know.
todipa··on Ketogenic diets inhibit mitochondrial genesis, induce cardiac fibrosis in rats
This paper was surprisingly easy to read and understand.
todipa··on Charted: Google Cloud stacks up to AWS
I don't understand why Google is losing so much money on their cloud services.
todipa··on McKinsey to pay $573M to settle claims over opioid crisis role: source
$573M will be minimally felt at the organization level. It is less than 5% of global revenues.
todipa··on Chamath for California Governor
I'm all for it but I feel like I'm missing how will they come up with the money to pay for this?
todipa··on Glenn Greenwald: ‘Journalists Are Authoritarians’
I think he is completely right. Journalism today looks more like advocacy.

Free-speech liberalism are at odds with the political establishment. The liberal camp has been decimated recently with the rise of both the authoritarian right/left.

From my perspective, what is happening in the US right now is somewhat similar to what happened in the Latin American countries in the 60s and 70s.

I'm very happy I discovered https://www.allsides.com/unbiased-balanced-news It gives me access to articles written about the same subject from both perspectives. What I think it super interesting is how journalists omit certain facts to further their point of view.

todipa··on Parler App delisted from Google Play; Apple threatening same within 24h
Having them on the app platforms isn't good for business. Advertisers have threatened to boycott Apple and Google if they don't remove them.
todipa··on Red Hat to acquire Kubernetes security company StackRox
International Red Machines - Sounds like the USSR
todipa··on EFF to FinCEN: Stop Pushing for More Financial Surveillance
I would argue that these new regulations are in a way a breach of the Fourth Amendment, which is supposed to protect people from unreasonable searches.

This seems like a search to me...

todipa··on DOJ Argues: US can kill own citizens without review when state secrets involved
My guess is that the gov't learned its lesson from https://en.wikipedia.org/wiki/Hamdi_v._Rumsfeld by not declaring Kareem an enemy combatant...
todipa··on FDA Issuing Emergency Use Authorization for First Covid-19 Vaccine
How will the logistics work? Who gets access to this vaccine first?
todipa··on SpaceX Starship Users' Guide [pdf]
I'm curious who his biggest customers will be?
todipa··on Justice Department Sues to Block Visa's Proposed Acquisition of Plaid
Government's argument rests on the fact that Visa shouldn't acquire Plaid because of the potential technology they might create. This is a really dangerous argument.

This is a direct quote from the plaintiff's argument:

"While Plaid’s existing technology does not compete directly with Visa today, Plaid is planning to leverage that technology, combined with its existing relationships with banks and consumers, to facilitate transactions between consumers and merchants in competition with Visa. Like Visa’s online debit services, Plaid’s new debit service would enable consumers to pay for goods and services online with money debited from their bank accounts."

I'm not a lawyer nor an expert in payments but this seems like a stretch to me.

todipa··on Should I Buy the Dip?
I would be cool if you could analyze this from the peak of the bubble in 2000 to the bottom of the 2008-2009 financial crisis...
todipa··on We Were Builders Once, and Strong
...to promote economic growth and upward mobility...

I've always thought that upward mobility is what gives hope and hope is the fuel of persistence. Persistence coupled with patience and passion makes it possible to grow economically.

todipa··on S&P 500 Buybacks Now Outpace All R&D Spending in the US
Why tax buybacks? Just tax the individual benefiting from that buyback at the appropriate rate.

Taxing buybacks essentially means that you are taxing poor shareholders and rich shareholders the same.

todipa··on Arrest Of U.S. Citizen For Assisting North Korea In Evading Sanctions
I'm not sympathetic. You're talking about a regime that essentially enslaves people. History will not be on his side.
todipa··on The Billionaires Are Getting Nervous
I think Argentina has a an asset tax on anything above USD $300,000 at 0.75% but they also have basis adjustments for inflation which I think is fair. The basis of all your assets increases as a result of inflation.
todipa··on DJI Mavic Mini
2019 - Mavic Mini --> 2020 - Mavic Micro --> 2021 - Mavic Nano --> ... ... ... --> 2049 - Mavic Atom --> 2100: Mavic Dark Matter
todipa··on 1.5M Packages a Day Bring Chaos to NYC Streets
at 5am, there is literally no traffic on the streets of Manhattan. There is a way to utilize the resources of the roads when there is no traffic.
todipa··on Amazon is shipping expired food, customers say
I don't purchase baby food by Amazon. You can't trust the resellers. I don't understand how there aren't regulations on policing your marketplace for unlawful products, especially those covered by strict liability.
todipa··on Mark Hurd Has Died
That's really sad. I've always imagined myself dying in my 80s or 90s after seeing grandchildren become adults. At the age of 62, that cuts all of that out...
todipa··on Americans Are Using Less Steel, Paper, Fertilizer, and Energy
Exactly. The primary inputs analyzed here are manufacturing inputs and if manufacturing has been outsourced so should the consumption of the inputs.
todipa··on The myth of inevitable technological progress
An interesting parallelism can be drawn between those communities that embraced "progress" and those that didn't. Unfortunately or fortunately (depending on your views), communities that adopted technology thrived and are mainly in control of writing our history so yes, we do have an ingrained bias view.
todipa··on How Not to Build a Country: Canada’s Late Soviet Pessimism
The success of a cities and nations has always dependent on a couple of variables: 1. Human capital (increasing size and quality) 2. Cheap real estate (ever decreasing share of real estate costs as an input of value creation machinery) 3. Cheap energy costs

In the U.S. and in most developed countries, we've had (1), in some cases (3) but (2) is become scarce.

In my opinion, there are very few modern cities that are able to provide cheap housing these days. It requires an activist government fighting two very powerful forces: existing home owners and corporate landlords. Truth is that the lobby of those interest groups are way more powerful than low income renters.

The other problem is that expanding the housing stock is not sufficient, governments have to provide basic services: water, public transportation access, sewage, etc.

Who is going to pay for them? In most cases, the cost is paid via property taxes (existing homeowners and corporate landlords)

The truth is that we have disincentivized the creation of new housing stock and until we fix the underlying issues of bringing more supply to the market, this issue will continue to worsen.

https://www.zillow.com/research/new-construction-shortgage-2...

todipa··on Federal Prosecutors Conducting Criminal Probe of Juul
Why can't we ban nicotine?
todipa··on We Need More Doctors Who Are Scientists
It is usually free for those who pursue a Phd. Just takes a bit longer...
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