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webninja

429 karma · joined May 10, 2016

I work as a software engineer for a fortune top-500 company.

I get more upvotes on my tech content than my financial content. It’s probably because I have a degree in I.T. and I do not have a degree or certification in Finance(yet). Do not count anything I say regarding finance as financial advice. I am in my late 20s but have about 15 years of experience with stocks. Mostly from winning virtual stock trading competitions and because I find that crap interesting.

I cannot be held liable for any capital losses you may incur.

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webninja··on Claude Opus 5.5
You’re not wrong. We used to call that demographic the self-loathing left. FWIW, Opus 5.5 has been successful for my application building so far. Minimal complaints. When I try out the app it built after, it works.
webninja··on Apple's Siri AI Can Be Swapped Out for Claude, ChatGPT, Code Shows
Yes and even further, Apple added an LLM into iPhone 17s and higher but their terms of use forbid a wide number of categories of queries on it. Which means it can’t be prompted directly by any users.
webninja··on U.S. Debt Hits $40T as America's Borrowing Binge Continues
I'd say if the trend continues: all the above and full federal governmental collapse.

Compound interest is one of the most powerful forces in the world. Currently interest on the debt is ~19% and is growing at a CAGR of 11.2% per year. At the current growth rate, how long until interest on the debt consumes 100% of all tax revenue?

A ray of sunshine & hope: Many state governments who are both low-debt and fiscally conservative will be fine. We also experience small amounts of this with each governmental shutdown.

Start planting fruit trees so the next generation can eat.

webninja··on U.S. Debt Hits $40T as America's Borrowing Binge Continues
Sure, I heard it was all spent on childless daycares in Minneapolis.
webninja··on U.S. Debt Hits $40T as America's Borrowing Binge Continues
It's starting to feel hopeless. A decade of party rotations and this issue still exists. The fiscally liberal will spend and the fiscally conservative aren't being fiscally conservative. How come we no longer hear about DOGE? How long until 20% of all tax revenue goes just to interest on the debt?
webninja··on How AI text watermarking works
> “pretty much everyone I talk to/read from (anecdata) HATES the way claude writes”

No, only Claude Opus 5 and Claude Sonnet 5. Claude opus 4.6 and Claude Sonnet 4.6 are the best Claude writers, especially for chat related uses. They’re what made Claude so popular.

Claude opus 4.8 is a good middle ground if you need higher resolution image viewing. I’ve downgraded from the 5.x’s to give my eyes a rest from the waterfall of words.

webninja··on Mark Zuckerberg attacks 'closed' AI rivals as Meta returns to open models
You lost me when you said trains and cars shouldn’t go over 30mph. Lol, this sounds like Amish propaganda. Go buy your horse and buggy
webninja··on The bond market isn’t buying what Fed Chair Warsh is selling
I am a U.S. citizen so I have a stake in the success or failure of our country. Old Dinosaur Janet Yellen single handedly added more to the U.S. federal debt more than any other person in modern history. The damage she did, is the kind of damage someone would historically burn at the stake for. Trillions of debt that your future kids will have to repay casually makes you want to bring up the topic of back tar and feathering. I don’t know enough about Kevin Warsh yet to comment about him but Powell (unlike Janet) was at least very at his job, even if he frequently treated lagging economic indicators like leading indicator. Through lagging heavy actions that made me wealthy enough to put a down-payment on a house, Powell turned the Fed from a fairly unknown, hidden organization into a household name. The Fed should not be as popular as a celebrity on TMZ because it brings politics and incompetent influencers into the decision outcomes.
webninja··on I used to love Claude, but the latest models are slowly ruining it
Yes, Opus 4.6 and Sonnet 4.6 are still Anthropic’s best chat models. They had more human evals and are still a joy to chat with. Opus 4.8 and Sonnet 5 by comparison have a cold enterprise feel. Opus 4.7 talks like I’d imagine a hitman would talk.

Sonnet 4.6 is better at writing good emails than Opus 4.8, Fable 5, and even Sonnet 5.

webninja··on Google to pay SpaceX $920M a month for compute capacity at xAI data centers
I think the measurable term for this is “Velocity of Money”.
webninja··on Ask HN: Is Claude Opus 4.8 broken?
It’s unbearably slow, for sure. Not nearly as slow as Kimi K2.6 though. I’m trying to like 4.8 but I may go back to 4.6 again. Definitely won’t ever be using 4.7.

4.8 took a shortcut today. There was an error in my local LLM’s relay of thinking text. So it brilliantly decided to turn thinking off, neutering the model. Had to revert that nerf. That’s the same lazy behavior as 4.7. 4.6 would never.

webninja··on Donald Trump and sons to be 'forever' exempt from tax audits
> US tax authorities will be barred from pursuing claims against Donald Trump, his eldest sons and the Trump Organization under an agreement to halt the president’s $10bn lawsuit against the Internal Revenue Service.

> The pledge by the Department of Justice on Tuesday came a day after Trump agreed to settle his lawsuit against the IRS in exchange for the US government launching a $1.8bn fund for victims of alleged “lawfare”.

> A DoJ spokesperson told the FT that the decision to bar the IRS from pursuing claims against Trump was “only with respect to any existing audits”. “There would be little point in settling several significant claims if either party could simply turn around and seek to initiate more adverse claims that could have been pursued previously,” added the spokesperson. > Danny Werfel, an IRS commissioner under former president Joe Biden, noted, however, that he was “unaware of a single precedent where the IRS has agreed in advance to permanently forgo examination of previously filed tax returns for a specific person or business”.

First, what legal mistake did the IRS make that put them $1.8B to $10B in the wrong?

Second the article title is sensationalized and embellished. The article mentions only an exemption from past tax returns —- which have already been thoroughly examined with a fine toothed comb prior to Election Day.

During Presidential election season, this was healthy journalism because it helped make more informed voters, but at this point it’s just unhealthy harassment over a past settled case. If there was something to find, it would’ve already been found by now. Unless there’s something new, leave bro alone so he can do the job America democratically and dutifully elected him to do.

webninja··on Samsung may post first-ever mobile division loss this year, blaming RAM crisis
Are you astroturfing? The article you reference is 4 months older. In the Age of AI, that can mean about a 2x change.
webninja··on Nederland threatens Polymarket with €420K/week fines for unlicensed gambling
A monopoly with lower profits threatens competitor. I mean, since you can write any law, just nationalize every wealthy company while you’re at it. What’s the worse the targeted company will do, sue?
webninja··on Top UN legal investigators conclude Israel is guilty of genocide in Gaza
What do they conclude about Russia?
webninja··on U.S. government takes 10% stake in Intel
During a democrat presidency, when the citizens complain about the ballooning debt and underfunded social programs like social security, I expect they will sell the stock. Not necessarily for those reasons but because Trump bought it and this was a convenient excuse.
webninja··on U.S. government takes 10% stake in Intel
That might not all be true. Another comment above here claims the shares came from Intel’s own unsold stock of shares thus not causing any dilution.
webninja··on U.S. government takes 10% stake in Intel
I visited a South American country where the water utility was recently sold to a private corporation. The home I briefly visited had a large water barrel inside because the water now shut off for many hours of the day, including the hours I was visiting.
webninja··on U.S. government takes 10% stake in Intel
How exactly are countries like Norway doing with their Sovereign Wealth Funds?

Does it provide its citizens with benefits?

webninja··on U.S. government takes 10% stake in Intel
Geez, they shouldn’t have downvoted you for expressing a positive viewpoint :/
webninja··on U.S. government takes 10% stake in Intel
From my understanding, these funds were already approved by the Biden Administration via the Chips act and another. Our president managed to obtain 10% of the shares for this money that was already going to intel in exchange for removing a clawback provision stipulated by the Chip’s act.

Norway has an incredible sovereign wealth fund that funds many benefits for its citizens. Perhaps if the Intel dividends are used for social security benefits, there will be bipartisan cheering.

webninja··on I hacked a dating app (and how not to treat a security researcher)
Generally speaking, the UK government doesn’t care about it's citizens. That’s why so many left to the USA for a better life.
webninja··on How each pillar of the First Amendment is under attack
You completely missed what I was saying.
webninja··on How each pillar of the First Amendment is under attack
He’s helping make the left care about free speech again. Something they wanted to continue censoring.
webninja··on U.S. national-security leaders included me in a group chat
I wish to highlight the pointlessness in your timing of your leftist activism. Trump cannot run for a third term due to the 22nd amendment to the constitution.

Therefore even if you found evidence that a small subset of the members held national security worse than Hillary secured her emails, (in this case, leaking a Yemen bombing attack 2 hours before it happened), there’s nothing left for voters to vote on.

The only thing far-left activists can do to change this administration is to wait 4 years for Harris, Hillary, or Bernie to run again. But they’ll need a winning platform to run on. Maybe campaigning on making America Great Again or putting America first will work better.

All this left-leaning activism is doing is helping other liberals lose even more of their sanity than they’ve already lost. One reason the democrats lost this election because they didn’t even care about their own American people, let alone other American people.

webninja··on My 16-month theanine self-experiment
An air purifier has the same effect and doesn’t require inhaling chemicals. With one i’d back to breathing through my nose instead of through my mouth.
webninja··on Show HN: SQL Noir – Learn SQL by solving crimes
How do you make money doing this and if you earn nothing, how can you afford to in this economy?
webninja··on The young, inexperienced engineers aiding DOGE
>The last budget surplus we had was under Bill Clinton - Democrat

Yes, and that made us very proud of him. Bill Clinton’s administration was a great administration.

>But instead we had to go to war in the middle east.

First, Trump campaigned promising the American People that if he won the election, he would end the war in Israel with the Palestinians before he even took office to bring peace to the Middle East. True to his word, the war ended a couple of days before he even became president.

Second, these political parties change faster and more often than we do. Historically the Republican Party (Chenny/bush era) was the party of war. Now the Democrat party is the party of war. The Republican Party as you knew it is not more. It was subverted into a controlled opposition party managed by some very smart people on the left.

The party is now The Party of Trump. He controls the party. It’s the other way around like it is in the Democrat Party. Precisely one of the reasons he became the nominee instead of the other candidates.

In 2016: the question was asked “Is there any one on stage… who is unwilling tonight to pledge your support to the eventual nominee of the Republican Party and pledge and independent campaign against that person?” Out of the 10 nominees on stage, only Donald Trump raised his hand. That set him apart from everyone else.

> Give massive tax breaks to the corporations.

Trump was asked about things he would do differently in his second term compared to his first term. A study was done that showed his focus on cutting regulations were significantly more beneficial economically than cutting taxes. This study surprised him and he quipped, it doesn’t cost us [any tax revenue] to cut regulations. Thus, he said he would focus more on cutting regulations than on cutting business taxes. That isn’t to say he won’t cut business taxes; he will, just less than before. His goals are to make America a rather competitive and attractive place to do business and host your company. According to economics, this should increase the number of businesses here that pay taxes here, as that is the primary goal and focus. It’s expected there will be lower taxes for businesses with most of their workers in the USA because their employees will all pay taxes.

>and rain helicopter money during COVID.

We had a global pandemic and that’s a pretty good excuse that’s often ignored. Each American received one or two stimulus checks then. A problem was, after the pandemic was over, the Biden administration didn’t cut the helicopter money. Now Doge team has to come in and cut it all out. Biden’s Inflation Reduction Act was supposed to address it, but it turned out to just be a giant spending package and you can’t spend your way out of inflation.

> You can’t pretend anymore that Republicans are the fiscally sound ones.

The old conservatives of your Bush era forgot they were supposed to be the fiscally conservative as opposed to being fiscally liberal ones. Trump admitted at the beginning of his recent campaign during an early livestream on X with Elon Musk that while the growing debt/deficit was a problem, there wasn’t (isn’t then) so much support for addressing it. Elon Musk became that much needed support and deserves the credit for making the conservative side fiscally conservative again. Elon made it popular and cool to be fiscally sound again like it was in the Bill Clinton era.

We can see the results on the near-daily updates by Doge on X. Here are 12 things the Doge team has identified or removed:

-$7 million on various projects studying magic

-$1,513,299 to use kittens in a study to analyze motion sickness.

-State Department spent $2.1 million on border security—for Paraguay.

-USAID spending $20 million on “Ahlan Simsim” a new Sesame Street show in Iraq

-USAID paid $3 million to a rapper in Gaza to produce antisemetic rap songs

- $2.5 MILLION to DEI in Serbia

- $70,000 on an Irish DEI musical

- $47,000 on transgender operas in Colombia

- $32,000 on a trans comic book in Peru

-The National Endowment for the Arts awarded the Bearded Ladies Cabaret a $10,000 grant to support a cabaret show on ice skates focused on climate change

-2 million for sex changes in Guatemala

- $6 million to fund tourism in Egypt

Do you support keeping all of this (wasteful or fraudulent) spending or do you support them cutting it?

The list goes on and on with USAID. Here’s a viral photo of ISUS taking a photo with a RPG from inside a USAID tent — giving us pause and evidence to where our USAID dollars are or were going.

https://x.com/wilkowmajority/status/1886895278495797506

> Can you look at the chart "Federal Debt Trends Over Time, FY 1948 – 2024" and tell me what you see?

I see a benign and calming treasury.gov website that has been overseen by Janet Yellen the former treasury secretary who inspired confidence in pretty much no one in her video interviews and press conferences.

Janet Yellen caused billions of unnecessary debt to be added to the debt by not proactively selling treasury bonds at the lowest interest rates instead waiting until interest rates were much much larger. When you’re rolling over $36 Trillion of debt, a difference in treasury interest rates from 0.25% to 4.5% is massive. Massive actually isn’t a strong enough word to describe numbers of that magnitude.

My impression from this website is that it’s downplaying the problem while also having a recent history of incompetence and ineptitude hoping people will complain less.

I prefer the usdebtclock.org website because the numbers stay up to date on it. It also doesn’t downplay the problem, it merely shows the numbers and lets you draw your own conclusions from it.

>That debt clock is going to keep going up for four years straight.

Would that make you happy? It would be better if they can stop the clock. But balancing the budget is a lofty goal to some. According to Elon Musk, if they can cut federal deficit spending from $2T to $1T and we can grow the economy by $1T then we get to have no inflation in 2026.

“How much do you think we can rip out of this wasted $6.5 trillion Harris-Biden budget?” Musk was asked on stage during the Madison square gardens rally. “Well, I think we can do at least $2 trillion.”

To be fair, I’m not aware of him being asked whether that will take 2, 4 or 8 years as it takes time for preexisting contracts to expire and not be renewed. It’s expected that the Democrats will step into congress to block further cuts after the two year mark — so all of the cuts have to be made quickly and be made now while we still have a real shot at improving America’s fiscal outlook… because it’s probably the last shot we’ll get —- at giving our kids and the young people of our country a future rather than a debt for them to pay off.

Next, as sure as gravity, international confidence in the U.S. government finally reigning in spending (again) will cause investors to be willing to buy U.S. treasuries at lower interest rates. This allows the government to be able refinance the debt, further lowering wasteful government spending. On a local note, it also lowers borrowing costs for (for example) young people that want to buy their first home making mortgages more affordable.

Have you ever tried to balance the Federal Budget? I have. It was required as the final project in our Macroeconomics class. It’s not easy but I did it. The far-left fiscally-liberal Democrats can and will block DOGE from making progress in many ways. One example to blame already: Judge Paul Engelmayer, a temporary judge, recently blocked DOGE Treasury data access.

webninja··on The young, inexperienced engineers aiding DOGE
The democrats couldn’t cut wasteful spending so the republicans have to instead. Ever seen the debt clock?
webninja··on More men are addicted to the 'crack cocaine' of the stock market
I suppose you could ask ChatGPT or another AI how to calculate Volatility Decay and it would give you a pretty good answer that you can compare against the fixed interest rate of the mortgage. A lazy way to calculate volatility decay might be to add the returns of TQQQ and SQQQ together, divide by 2 then subtract that against QQQ and then subtract out the dividends.

But that doesn’t take into account how RE is providing you with shelter and additional SQ footage. If your total mortgage, insurance and taxes are less than renting, which is the case with mine, then there is pretty much no way to be at a loss with real estate. There’s pretty much only upside then over any 3-5 year period.

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