Drbble

There is an argument that the IPO buyers from the roadshow deserve a premium for buying in bulk at a predetermined price before they have the full information of the open market.

Why do non-HFT buyers or sellers deserve the spread any more than HFT buyers and sellers? They pay the same fees you do.

I think the rectangle illusion is created by the text that is vertically justified but not horizontally justified.

> I got into this through the work of a former colleague of mine at Harvard, Howard Berg. Berg got his Ph.D. with [Nobel Prize winner] Norman Ramsey

Norman Ramsey is also the name of a much younger yet contemporaneous Harvard professor of Computer Science (and a very prolific Stackoverflow answerer). (He is now at Tufts) I wonder how his name affected his career.

http://www.google.com/search?q=norman+ramsey

I used his book in my class.

"I only had grainy black and white footage, how could I have known that it was a candy bar not a grenade?"

The US will just ban PCs like it banned chemistry sets.

What's the 17 for?

Why link to Forbes and not the original source?

You find you are going to spend that unneeded money on yourself, it is disingenuous to say you are retired.

And the rest of us define retired as not having to work to pay our bills. I like my job, but if I got hurt or laid off I would have trouble.

In high school I had a sweet apartment and great food and I got by on a minimum wage part-time job which truth be told was mostly funding luxuries. Everyone should just stay do that, find some parents to live with and retire.

None of them are rich.

My experience is the opposite. Rich people throw house parties. Poor people go to the bar.

OK then pay rent for an apartment for you and your kid to sit in while you never eat or do anything or seek medical attention. 20k/year

Why would a retiree need to keep their portfolio growing?

There is a reasonable line of thinking that the Internet and modern computer modeling and retail investing have had the effect of pricing in the future growth in equities, and so traditional growth will not continue.

With a spouse and two kids in tow?

Bonds should always pay more than inflation.

Maybe they will die quickly and cheaply when their problems are discovered too late. Beware the law of unintended consequences.

Maybe desktop computing is a solved problem and we don't need more native apps for Windows, and we can enjoy teaching fruits of decades of labor.

> but they lots of people on their payroll whose only job in life is to make sure nobody pays the price listed on those tags.

I could run that whole arm of their business with one employee.

Quality is not the same as quantity.

You know who made out well on the FB IPO? People who sold in secondary markets pre-IPO on the hyped pricing.

Including two crashes.

There's a faith that eventually there will be a dividend payout or buyback, like Cook at Apple finally did. But most companies ride the rollercoaster until they crash.

Currency is a bit different from equity. Currency is a medium of exchange designed to smooth the trade of actually valuable things, not a store of value itself. A company is a (dynamic) store of value, that is supposed to generate valuable product at a rate proportional to its price.

Cool, but I don't read HN on the highway.

Depends if you have a fixed MB demand or a fixed time budget, doesn't it? Which is better when you are downloading a 4.6G ISO?

That's only at the dealership though, not in most marketing and conversations.