pmorici

That’s 5 million in assets from which you can derive a yearly income of $150k per year adjusted for inflation as time goes on.

Yes I consider 150k per year upper middle class.

It was about building wealth through starting a business.

Your link shows the United States out ranking Norway, Sweden, and Finland on their ease of doing business score which appears subjective compared or hard numbers of successful businesses. Are you sure you read that page right?

It’s not a sentiment it’s statistics. Look at the number of successful businesses that result in wealth creation.

This doesn’t appear to breakout by country. This isn’t surprising for more socialist countries like in the EU where it is harder to start and build businesses (wealth) in general. I’d be surprised if it was the same in the US where studies have shown that the majority of wealth is not inherited.

If you think about it in terms of what kind of income you would make off interest of ~3% of the principal it’s easier to understand the difference between someone with 5 million vs say 50 and 500 million.

It’s the difference between $150k, $1.5 million, and $15 million dollars in yearly income. At 5 million you can decide to not work but you are only really able to afford an upper middle class lifestyle. Depending on where you lived that might be a working class income these days. So there is a massive difference across the spectrum of multi-millionaires.

Isn't this the same kind of attitude around containers. "I don't want to think about or document the dependencies" lets just throw it all in a container full of crap that no one fully understands and it will "just work" because it worked for someone once before.

One of the things that I find very useful is to start from a base install of a particular OS and then be very meticulous about documenting each package I need to install to get software to build. You can even put this into the documentation and automate checking the dependencies are there with the system package manager. The dependencies and how you check them will be different across different distros and versions but at least you had an understanding at one point to work from if you need to figure it out going forward.

They certainly share in the blame if they know about problem employees and fail to act, the same is true for systemic problem under their control.

"find the flaws in the system instead of somebody to blame"

An issue can run the gambit from "it's the system" to person X is not doing their job inline with the basic expectations. Subpar managers will always try and blame the system over individual accountability even when the problem is blatantly obvious because if the person is the problem then that necessitates an uncomfortable social interaction. Best to understand the facts of a given problem and not jump to any conclusions about it must be the "system". There has to be some individual responsibility in the work place.

Is this the first Beagleboard that doesn’t use a TI chip?

Is the idea here that this is new for outer space? There are ground based inflatable antennas that you can buy that have been around for a few years.

I’ve heard a trade off with these is they aren’t very ridged so in windy conditions they don’t work that great. Maybe that is less of a problem in outer scpace.

https://www.cubic.com/inflatable-satellite-antenna https://spinoff.nasa.gov/Spinoff2010/ps_5.html

Panasonic a Japanese company is already one of the major producers of batteries in the world and they produce a good number of those in Japan. They supply Tesla Model S and X batteries from their Japanese factories for example.

"I force myself to be cordial with the attendant since it is not their fault"

Exactly, it isn't that the situation isn't irritating it's that an honest person will initially be cordial about it. The ones that are trying to pull something go straight to overt anger because they, mistakenly, think employees are trained to give an "angry" customer what they want.

In my experience when a customer acts angrily they are often intentionally trying to do something wrong. In the case of innocent mistakes they are typically cordial.

They are closing stores in SanFrancisco due to high theft. There is your tipping point.

The timing of the testimony was pretty suspect with respect to other news about political scandals bubbling up around the same time.

“NASA is criminally under-resourced”

They have a $22 billion annual budget. SpaceX’s annual revenue this year is projected to be about $8 billion and profitable for the first time. SpaceX launch’s more rockets and puts more satellites into space than the rest of the world combined on revenue about 1/3rd of NASA’s budget.

NASA isn’t criminally underfunded they are criminally inefficient.

The AirTag uses a primary coin cell battery (aka non-rechargeable) those are generally not prohibited in regulations like rechargeable lithium batteries are.

“I look forward to seeing what LEGO comes up with by 2030, and given our present climate crisis, it can’t come soon enough.”

I was a bit confused when the author threw this bit in at the end because it seems silly to think Lego is a contributor to that in any material way.

It says that earnings are correlated with iq.

“That is true today. Will it be true 50 years from now?”

Almost certainly, unless the “we prefer everyone equally poor” brand of politics succeeds. The most insidious belief is that the system is some how rigged against you no matter what you do. It just isn’t true.

The majority ~70% of wealthy people in the US are self made and didn’t get an inheritance. Also financial advisors, wealth managers, portfolio managers whatever you want to call them are a scam. They aren’t going to get you higher returns. What they will give you perhaps is more free time if you reach a point where you no longer want to manage your own financial affairs and are willing to accept lower returns to not think about finances.

In the US, where the majority of wealth is self made and not inherited, I’d guess that it is a function of IQ. Smarter people just make better decisions with their money on average.

Edit: for those that doubt [0]

[0] https://www.sciencedirect.com/science/article/abs/pii/S01602...

Obviously it’s different for everyone. Count yourself lucky I guess!

I doubt it is much to do with COVID. Mid 30’s is about the time when you have to start paying closer attention to things like sleep and exercise or everything starts to go to shit.

Check out Wright Tool, still made in the USA at a not totally outrageous price relative to other Made in USA brands.

Those companies are still around but they are making industrial grade tools sets for commercial and government customers that are less price sensitive. Craftsman even continued their Made in the USA Tool line for a time under the “Craftsman Industrial” brand. You can still get Made in the USA tools you just have to be willing to pay 5-10x the price. Wright, S&K, MAC, Proto, Snap-on among others all still make tools in the USA

Because the Tesla supercharger network isn’t the only network using the standard. Kind of like you have to be a Costco member to buy gas at Costco but they have the same dispenser nozzles as every other gas station.

Are you confusing the charging network with the plug standard?

Zero outrage on my part. Just pointing out that the op’s view of how this works doesn’t jive with reality. There are a lot of people and governments putting money into this to make it work at the scale and scope that it does.