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hd95489

148 karma · joined January 27, 2023

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hd95489··on USDC depegs as Circle confirms $3.3B stuck with Silicon Valley Bank
I would bet that most stable coins have exactly the same kind of exposure that SVB had. Overexposure to long term bonds bought at rock bottom prices
hd95489··on A SVB short seller explains red flags he saw months ago
If you are short via options you have limited risks but you pay the premium
hd95489··on We Can Prevent Bank Runs by Marking to Market
If you did that right now you would bankrupt a lot of firms. Heavy losses were incurred in the bond market
hd95489··on FDIC Takes over Silicon Valley Bank
If that’s your theory then buy some puts because anyone that did this will absolutely get ripped a new one
hd95489··on Ask HN: Any good resources or people to follow to stay informed on recession?
I like using https://www.nakedcapitalism.com/ As a good daily reading list.

https://www.mauldineconomics.com/frontlinethoughts/how-it-st...

His work is good but everyone else writes crap on the site.

https://wolfstreet.com/ Can be a decent read

https://stocksandjocks.net/ Decent daily podcast

hd95489··on GM offers buyouts to ‘majority’ of U.S. salaried workers
Don’t make a habit out of it
hd95489··on SVB in talks to sell itself after attempts to raise capital fail
If you aren’t transferring out you are an idiot at this point. Even if you don’t lose money you will loose access during the failure.

My guess is the feds come in today and do it. They love to close banks on a Friday and work it through the weekend

hd95489··on SVB in talks to sell itself after attempts to raise capital fail
We’re calling it a liquidity problem only because they don’t have to mark to market. In reality it’s a solvency problem, they lost a shit ton of money by buying bonds at 0-2% that are worth 50-70% value because equivalent bonds pay 5-6%.

In theory they could hold that shit to maturity but in practice they can’t because some folks want money now and all depositors will want higher interest on deposits eventually to match market rates.

hd95489··on GM offers buyouts to ‘majority’ of U.S. salaried workers
It should be simple just offer more to employees who score the lowest in the stacked ranking
hd95489··on GM offers buyouts to ‘majority’ of U.S. salaried workers
If your are a year from retirement that’s about the only reason
hd95489··on Load 'em up and throw 'em under the bus
Absolutely a solid career move. Touching broken things is a mistake at dysfunctional companies. Much better move to chase the initiative of the year
hd95489··on Load 'em up and throw 'em under the bus
I’m surprised they didn’t house this person. The key to a dysfunctional company is to completely screw over your key workers and drive them out while promoting poor preforming people
hd95489··on Bank run on Silicon Valley Bank
I mean it’s just as bad as buying it at the peak.
hd95489··on Apple’s iPhones Winning over Gen Z
It’s googles failing at moving MMS forward and building a sensible competitor to iMessage. I think they probably already lost in the USA but other places they could still catch up
hd95489··on Ask HN: Are you teaching your kids to use ChatGPT?
Ha how do I get good at online search. I can’t find anything technically useful and relevant anymore that’s not super basic
hd95489··on They say that gear doesn’t matter, but it does
You can’t verbally describe body motion is not with. The reason you do the drill is to get the motion down. It could take 200 times or 2000 times before you get there it’s very variable. The same way I can’t really tell you how to balance in one leg, but I can offer tips to break down the motion into more practiceable chunks
hd95489··on They say that gear doesn’t matter, but it does
Absolutely. Choose a shorter narrower and well shaped ski it’s the right equipment for beginner speed and conditions. But price point not so much you won’t be able to squeeze the 10-20% performance improvement
hd95489··on Maybe treating housing as an investment was a mistake
In the free market they will leave and get replaced. Or enough will leave and wages will go up
hd95489··on Maybe treating housing as an investment was a mistake
It’s too expensive for chefs to live in Seattle it really is. People here don’t spend enough money eating out to justify the number on chefs so they can’t afford to live in decent housing
hd95489··on Maybe treating housing as an investment was a mistake
At some point it would if no teachers would work in Seattle
hd95489··on Maybe treating housing as an investment was a mistake
A lot of this work you can diy it just seems intimidating. You can absolutely rent a digger and do your own pipe. You can also to your own roof. It’s not really worth it if you make 200k a year but if you make 50 it is.
hd95489··on Maybe treating housing as an investment was a mistake
The new play may be buying big and buying the building not the land. Inflation on goods and services is having trouble keeping up with rates
hd95489··on Maybe treating housing as an investment was a mistake
Only in a non recourse state
hd95489··on Maybe treating housing as an investment was a mistake
There is no rental trap. The problem is runaway inflation that destroys savings and taxes investment gains. The only reason housing is such a good deal is that the first 500k is tax free.
hd95489··on Maybe treating housing as an investment was a mistake
And you are so over levered the only way you can get out of pmi is if the house market goes up 25-30% (re appraisal Usally comes in low)
hd95489··on Maybe treating housing as an investment was a mistake
Luck or you just offered enough more that the seller bit. 5k is nothing on a 1m deal.
hd95489··on Maybe treating housing as an investment was a mistake
No tax on the house. 30% tax on investment.
hd95489··on Maybe treating housing as an investment was a mistake
That was 6 months ago offer asking now and you will get it
hd95489··on Over $30M worth of Funkos are being dumped
You have to destroy some to maintain value of the rest. If you dump them on the market all other funko tank and people stop buying em
hd95489··on Tell HN: My son is being bullied for owning an Android phone
It’s not just the color of the bubbles. Rich Media texting compatibility between the two platforms is garbage. Pictures and videos off android come in at low resolution and often fail altogether
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