lotsofpulp

There’s nothing evil about aiming to earn a penny or a fraction of a penny on a transaction.

It’s more credible if it’s in a government database like property sales are, plus there would be a lot more pricing data.

I don’t see why rental agreements can’t be registered with the county like house sales are. It would also eliminate the need for squatter laws, as it would be trivial for police to pull up the county website and see who belongs in the home.

If Tesla is dropping the price of their cars, then that means you can buy a new car for less. It makes no sense to want to overpay for a consumable item at time t+1, regardless of what you paid at time t.

Thanks, I must have been misinformed. I was told that 20 years ago when a lot of NYC HFT firms used to (still do?) ask for SAT scores.

In the US, businesses ask for it because the SAT serves (or used to serve) as a decent proxy for IQ. A business cannot ask an applicant to take an intelligence aptitude test without a lot of extra cost to ensure the business complies with Griggs v. Duke Power Co (1971), so the cheaper workaround is to ask for SAT scores in conjunction with other proxies such as the school into which you were able to gain admission.

This particular insurer is unlike others because it can ultimately edit entries in a database whenever it wants. As long as you are part of the group that is considered worth editing the database for, such as a depositor at one of the too-big-to-fail banks, then you have nothing to worry about.

>Why would Tesla make "cheap" ? That's not their customer base.

95% of their cars sold have been in the $30k to $60k range. They have long been the best bang for the buck electric car (in the US, since BYD isn’t allowed.

I recently had a family member with a medical emergency in a foreign country with only 1 direct flight to cross an ocean, and there was a narrow window of time to buy the very limited supply of lie flat seats needed to make the trip so medical care could be resumed as quickly as possible.

It was nice to be able to spend $30k+ on short notice. With modern security features, there is no need to enforce an arbitrary time limit if the payer accepts the risks.

I have been able to easily find a US bank that pays roughly SOFR minus 25 basis points for FDIC insured savings accounts, even before 2020.

This isn’t news to anyone following the business. I’m pretty sure it was announced months ago that model X and Cybertruck (and maybe Model S too) were being discontinued.

And Model 3 and Y have always been 95%+ of the cars Tesla delivered.

Price transparency is better for society, as price movements are the signal to buyers and sellers for which way supply and demand curves are moving, and hence resources can be allocated more efficiently.

A more real time view of the change in people’s pay to quality of life at work ratio can help people decide what to train in and how much to invest in the training.

Cuban is closer to a commoner than he is to Zuckerberg.

Interesting, thanks for the info.

In both scenarios, the shareholder can get the same amount of cash if they want it. Except with a dividend, they are forced to pay tax now.

I suppose there could exist a jurisdiction where dividends are taxed less than capital gains. I would be curious to know if there are any.

I was waiting for that punchline.

Why would you want a dividend? It’s mathematically better for a business to do share buybacks and allow investors to choose when to sell shares so they can minimize tax liability.

I play the game with the rules that are, not how I wish them to be. I’m betting if and when the federal US legislature gets around to passing those safety nets, my kids will be grown up and independent.

My 4 year old with cancer is not figuring their “way out”, nor is my 7 year old. We are down to a 1 income household, which is fine because we earn high incomes and work from home, so we can still split up and take care of each kid while being able to pay for health insurance and out of pocket maximums.

Insuring against death and orphaned kids is cheap and easy. Insuring against long term disability is not.

If you are a high earner in the US, you can make it your objective and live a far less stressful life because saving a few million is possible.

There is zero chance the federal US government has the legislators needed to pass a sufficient safety net during the years my kids depend on me.

>You may not retire at 35 with some big exit or raise, but why is that the goal anyway?

Because then I can guarantee access to food/shelter/healthcare for my kids if me or their mom or one of them were to become incapacitated in some way.

I will never buy Subaru because their infotainment garbage had a phantom power draw causing dead batteries left and right. Subaru refused to acknowledge it, so I spent $1k out of pocket to get it fixed to have a usable car.

Then I got a notice in the mail that Subaru agreed to replace and compensate people for the phantom power draw issue, except I wouldn’t be eligible because I couldn’t prove it since I already fixed my issue…even though Subaru knew all the VINs with the problem.

https://www.subarubatterysettlement.com/

Plus I have had to replace bearings and control arms within 50k miles…which I expect better on even American brand cars much less Japanese.

CTE is not nebulous and uncertain. If it were not for "tradition", it would be considered child abuse to let them repeatedly slam their brains into their skulls.

Washington State constitution, article 2, section 24 originally banned lotteries too:

https://leg.wa.gov/state-laws-and-rules/washington-state-con...

>SECTION 24. LOTTERIES AND DIVORCE

>The legislature shall never grant any divorce. Lotteries shall be prohibited except as specifically authorized upon the affirmative vote of sixty percent of the members of each house of the legislature or, notwithstanding any other provision of this Constitution, by referendum or initiative approved by a sixty percent affirmative vote of the electors voting thereon. [AMENDMENT 56, 1971 Senate Joint Resolution No. 5, p 1828. Approved November 7, 1972.]

>NOTES: Original text — Art. 2 Section 24 LOTTERIES AND DIVORCE — The legislature shall never authorize any lottery or grant any divorce.

The federal government has claimed Kalshi is a regulated futures market.

https://www.cftc.gov/PressRoom/PressReleases/9281-26

In the US, federal estate taxes aren't a thing if you pay a few thousand to an estate lawyer to setup irrevocable trusts and whatnot. And these tactics usually work for state estate taxes too.

Plus the federal estate tax only starts at $15M for an individual and $30M for a married couple, so it has no effect on what most would consider a "small" business.

Most people on this forum would be served well (or at least their heirs) by spending a few thousand on an estate lawyer to prevent their heirs from having to waste time in probate court.

So unnecessarily judgy. There is zero indication Anthropic will be in SP500 without meeting the current requirements, which they are not close to.

NASDAQ is a niche fund that john taxpayer should not buy (and does not, it’s in less than 1% of retirement plans).

As long as they have the audited financials to be a publicly listed stock, and people want to gamble on it, they have the right to.

Possibly. There may or may not be a national security resiliency offered by continuing to operate a 6 days per week nationwide logistics network.

Either way, it’s not in USPS’ hands since Congress would have to change that requirement.

Supposedly mail is so rare now that those bulk mail advertising items are the only thing sustaining the USPS' daily delivery operations. Without the, stamp price would have to be far higher.

The technology would not collapse, only the equity owners' purchasing power would collapse. Ellison owns 40%, so the rest of society only loses 60% * $360B = $260B, which is not much in the grand scheme of things.