BoggleOhYeah

It’s great to finally see a possible alternative to Perforce.

Does anyone still believe anything this guy says?

Some people are just all-in on the moronic MAGA nationalism and refuse to earnestly engage with critiques of the US. America is always better than Europe, even when it's not.

HN does this with every Zitron article.

According to their methodology, they will be fast tracking SpaceX (after five days).

The index is float adjusted so its initial weight in the index will be relatively low.

https://global.morningstar.com/en-ca/stocks/how-will-mega-ip...

CRSP has had fast track rules for quite a while.

They changed their minimum float rule for these mega IPOs with low float.

There is some truth to it.

401ks and pension funds have large amounts of money in index funds.

Major indexes like VTI will buy SpaceX after a waiting period as long as it satisfies other rules (and there have been some rule changes in various indexes to make something with low float like SpaceX eligible for inclusion).

However, most indexes are float-adjusted, meaning that they will adjust the amount of shares of a company in the index based on their float, not their total shares. So, they will initially pick up small amount of weight/shares around the IPO.

The NASDAQ-100 has been bending over backwards to cater to SpaceX, which makes some sense because they want it listed on their exchange. They changed their inclusion rules to include a fast-track for IPOs. This type of mechanism isn't uncommon in other large indexes (VTI has had fast-track rules for a long time) but the timing does make it appear that they changed their rules for SpaceX.

Other providers have made changes to float requirements for inclusion.

The NASDAQ-100 (QQQ being the popular ETF tracking it) is also not float adjusted and, instead, has some capping rules for low-float securities. I haven't done any projections but it seems that NASDAQ-100/QQQ will pickup more shares than the float-adjusted indexes.

Eh. I think it’s fair if Apple doesn’t want to publish something on their app store.

I just wish they weren’t so obstinate about people installing from other sources without signing/notarization. I understand it from a security standpoint but it’s also nakedly self-serving.

I’m glad that they’re fine with signing in this case.

You are correct. That’s what I intended to say but I see that worded that comment unclearly.

I've tried the Z13 Flow and I actually like the form factor except for the folio keyboard. I especially like that, since it's a tablet, it vents hot air out the top instead of into your lap/table. But the whole driver situation was very weird and things would randomly stop working. That may have improved since I tried one ~1 year ago.

Most don’t. The one that is the center of much of the controversy around these IPOs, NASDAQ-100, doesn’t use float adjustments.

A lot of people have been using it to passively invest in AI (via QQQ).

It’s nonsensical for a variety of reasons but we live an era of the stock market just being another casino…

Kinda underwhelming. I was hoping to see that they improved their memory bandwidth to move toward competing with the M5 Max. But this is more akin to the Strix Halo.

They will have a big impact if they can maintain share price AND the float increases due to the lockout period expiring (ie. pre-IPO owners selling off shares).

I'd like to know how the CRSP/Morningstar folks feel about the interesting lock-up period rules that Elon has inserted into the SpaceX IPO and how that jives with their analysis.

The person I was responding to was speaking to the fast-track concept, which has been a thing in CRSP indexes for a quite a while.

The float requirement changes are directly due to these huge IPOs only placing small amounts of float on the market. Their goal seems to be tracking the market and making this change prevents them from excluding two notable companies from their indexes.

IIRC CRSP indexes are float-weighted so they aren't going to attempt buying a ton of these IPOs anyway due to that low float.

Again. Would I have made the change? No because placing that little float on the market isn't kosher IMO.

These chips also appear to be using off-the-shelf ARM cores.

This has been a thing in the CRSP indexes (ie. the benchmark for Vanguard’s VTI) forever. As long as it meets float and cap requirements, it’s inserted into the indexes five days after trading begins.

It makes sense. They intend to track the market as it is.

Though, you can definitely make the case that the popularization of index funds has allowed their holders to essentially become patsies to hype IPOs.

I'm not sure anyone was operating under the idea that a speed test website's code was the hard part.

Everyone here is a genius because their LLM agrees with everything they say.

They don’t have a citation because they made it up.

It's been a decade since I was in college but I used to send applications to every vaguely interesting internship, expecting less than 20% of them to contact me.

My university required an internship for graduation so you had to cast a wide net unless you wanted to wait to graduate.

Given how high-profile is and the number of students in the US, 1000 doesn't seem all that impressive.

Sure. Let’s start pushing back against over-incarceration by not punishing people that knowingly did something wrong and flies in the face of the country’s supposed values.

Makes sense.

Swedish death is a specific sound like Entombed, which is fairly different than melo-death bands like In Flames.

I'm not entirely sure why those specific song choices for the Swedish Death category. The older At The Gates albums are more like the original Swedish sound but Slaughter of the Soul (included in Swedish Death) is essentially THE Melo-death album.

What is going to be the event that triggers Wall Street to realize a lot of these companies have been lying about their financials?

Why not? They haven’t left him even as he’s done little but dilute them to stockpile cash.

Have you seen the state of the world? Why would you go through the trouble of being subtle nowadays?

The “powers that be” hate ideology?

No, it’s mainly because consulting firms love running their bait-and-switch scam and use their junior consultants to do the actual work while the seniors move on to butter up the next sucker.

LLMs are just replacing consultants as the #1 generator of sloppy code.

The guy that almost destroyed PayPal because he was obsessed with re-writing their entire stack for Windows instead of addressing fraud?

I imagine that a good chunk of the HN user base looks and acts like those two dweebs that were deposed for their involvement in DOGE.

Nothing but arrogance and avarice.