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remote_phone

2,527 karma · joined May 24, 2018

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remote_phone··on Hard truths I learned when I got laid off from my SWE job
Over 50 in 2022 is very different than over 50 in 2000.

I’m GenX and grew up with the internet but I know life before the internet. I know technology more than most and keep up with it. I play video games (finished elden ring earlier this year) and watch TikTok 2 hours a day. I’m not young but the gap between me and someone younger isn’t a vast canyon like it used to be.

My last job hunt a year ago I got over 5 job offers. I wouldn’t be too worried.

remote_phone··on Vandals destroy 30k-year-old indigenous cave drawings in Australia
It’s definitely more precious than the life of a scumbag that spent considerable effort getting through security measures just to destroy this thing.
remote_phone··on Vandals destroy 30k-year-old indigenous cave drawings in Australia
We don’t have very much evidence of ancient human art work around the world. Each one of them is precious.

To make it morally equivalent to graffiti is ridiculous.

remote_phone··on Tesla stock falls again, toward longest losing streak in more than 4 years
Competition is fierce now for EVs and I think they miss deliveries and Musk’s shenanigans have dried up his backlog. Even at $68 it’s still $250B valuation which is too high for a car company like Tesla. It won’t take a lot of lost sales for Tesla to go red.
remote_phone··on Vandals destroy 30k-year-old indigenous cave drawings in Australia
Let’s hope these fuckers are stupid enough to post on social media. The punishment should be 10 years, not 6 months.
remote_phone··on Tesla stock falls again, toward longest losing streak in more than 4 years
Thanks but I really don’t need advice, I’ve been doing this for a while now. I scale in and out of all my trades, I’ve booked a lot of my profits at this point.
remote_phone··on Tesla stock falls again, toward longest losing streak in more than 4 years
I’ve been short since $300. I predicted $100 but now I think it could hit $68. We shall see!
remote_phone··on Stanford hates fun
The problem with the Woke Left is that everything has turned into a moral issue. Not enough diversity in the party? That’s immoral and needs to be shut down!

The morality police you see in Iran is an exact extension of what you will see if this type of behavior is left to grow.

remote_phone··on California passes law banning Tesla from calling software FSD
Musk said that by 2020 there would be a million robotaxis on the road. To say that anyone who bought it thinking that FSD wasn’t real is a very, very stupid statement.
remote_phone··on California passes law banning Tesla from calling software FSD
It’s already changed. It’s called “Enhanced Autopilot” now.
remote_phone··on Inflation is falling much faster than most people know
Powell already addressed this in December. He said that the Fed knows that price inflation is starting to turn already. It’s the tight labor market that needs to be cracked. He wants unemployment around 4.5% and losing the labor market is the part that will take longer.
remote_phone··on Caroline Ellison, CEO of Alameda Research, pleads guilty to seven offences
Her comment on stop losses are right on the money. Anyone who trades large amounts of money never enters actual stop losses into the system, they have mental stop losses. Stop losses are actively hunted by algorithms and a quick way to make money by blowing through stop losses and then buying back at the bottom.

Having mental stop losses is the real way to trade, as well as the discipline to sell when your mental stop losses are hit. I don’t know if she had the second part, but the first part about not having hard stop losses is correct if you’re a large trader.

remote_phone··on Hacker News Insight
Must be some sort of bot or marketing service. If you look at their posting history, they submit the same article over and over again. This should be filtered or flagged.
remote_phone··on The cost of being poor: Why it costs so much to be poor in America
You can quibble over who the employer. I don’t care if it’s Amazon or the federal government. Putting middle class jobs in these areas is important. Middle class jobs inherently means some form of health care.

Universal health care by itself won’t solve poverty.

remote_phone··on The cost of being poor: Why it costs so much to be poor in America
It’s as basic as Maslow’s hierarchy of needs. Food, shelter and Safety are foundational. Everything else comes with they. The poorest neighborhoods in the US are like war zones. Once they have safety and middle class jobs, things like 2 parent households will flourish.
remote_phone··on The cost of being poor: Why it costs so much to be poor in America
Because we spend too much on the military industrial complex and not on our own communities. We are rotting from the inside because we create generational poverty in these communities and just leave them to themselves. Occasionally when a cop kills someone there, we will remember them for a few days and then forget them in a couple of weeks.

Over 3000 people were shot in Chicago this year so far. And that’s down 20%. Did you even hear anything about that? We let these poverty-stricken neighborhoods live in violence and don’t do a goddamn thing about it. Meanwhile we feed the military industrial complex to fight wars on the other side of the world. That’s bullshit.

remote_phone··on The cost of being poor: Why it costs so much to be poor in America
It always comes down to education. An educated poor person can pull herself out of poverty within one generation. My parents were dirt poor because their country was devastated by war, but they were able to concentrate on education and were middle class, and now me and my siblings are 1%ers.

The problem is the poor areas in the US are exceedingly violent and basically succumb to victimization to explain why they can’t get out of poverty. If they can’t have safety and the culture is to just blame others and not try to better themselves, this is a perfect way to create generational poverty.

I think we need to invest hundreds of billions of dollars into the most economically devastated areas of the US and first create safe neighborhoods with jobs. Once kids can go to public schools and not worry about violence, that neighborhood will thrive. In order for that to happen we need to INVEST in those communities with more police and more jobs with middle class wages.

Instead of $100B to Ukraine we need to invest that money on Americans in South Side Chicago, where there are 50 shootings a weekend, and Baltimore that has live birth rates lower than 3rd world countries, and Missouri and Oakland, etc. Create Amazon warehouses there or whatever can create an impact immediately and then hire a ton of police officers from the community and train them (1 day of training a week). Within a generation it will change the entire city and you will have a thriving middle class where wss once generational poverty.

remote_phone··on The recent Bank of Japan meeting and its implications for markets
Does this mean that Japanese investors will sell UST and buy JGB, causing ust rates to go further up?
remote_phone··on Ask HN: Has anyone here turned around their life in their 40s?
Your life isn’t turning out what you expected, but it doesn’t mean you can’t be happy. You have to accept that happiness will be different than what you pictured in your 20s.

My best friend that I’ve known for 45 years now was a fuck up. We are in our 50s and for most of his life he was lazy and borderline in poverty. He drank all his money away. But he’s a funny, nice guy. He had girlfriends but none for a long time because he’s not a keeper. Finally, he met a woman in her 40s last year and they are going to get married this year. They are planning on having a child, maybe through adoption. He finally got a permanent job as a teacher this year after struggling for a decade. He is out of debt. He is finally in a good place.

You can turn things around but embrace the fact that it won’t be traditional. It’s okay, happiness doesn’t have to be traditional.

remote_phone··on Steve Jobs Insult Response (1997) [video]
I haven’t seen Musk have a temper tantrum in public.
remote_phone··on Steve Jobs Insult Response (1997) [video]
Steve Jobs was a tyrant being closed doors and would often cry in meetings. This sounds very similar to Musk.

Musk is undoubtably a genius, you can’t discount the success that Tesla and SpaceX have had. He’s just extremely heavy-handed and capricious. I heard from someone at Tesla that they loathe being in meetings with him because he will literally fire people on the spot. That type of arrogance did play during the era of tesla going to $1 trillion but now that it’s falling back to earth I wonder how much people will tolerate his arrogance and temper tantrums.

remote_phone··on Ask HN: How might HN build a social network together?
No thank you. I’m okay with not having another social media product.
remote_phone··on Pluralsight lays off 400 employees – 20% workforce
> “As your CEO, I own this outcome and take full responsibility for the decisions that got us here.”

I hate when people write this. Unless there’s actually some accountability, like the CEO loses pay or her bonus or some stock, these are just useless empty words.

remote_phone··on Since becoming Meta, Facebook’s parent company has lost $650B in market value
I bought 1000 shares over the last 2 days for exactly this reason.
remote_phone··on Remote work has been a boon for night owls
Why was this written like I should care what a grown adult does with their life? If I could sleep in until 8:59am every day I would. All the more power to them!
remote_phone··on Colleges that ditched admission tests find it harder to fairly choose students
Asians are the only ethnicity that encounters true system racism in the education system, and no one seems to care.
remote_phone··on Colleges that ditched admission tests find it harder to fairly choose students
No it is not science. If the objective is to be “fair” then they don’t like the outcome then that’s not science.

If the objective is to increase the amount of certain skin colors, then fine. But call it that. Don’t be racist and then wrap it up in a lie saying that it’s to be “fair”. “Fair” in the way it’s used in the article is entirely subjective, which is not scientific.

When the system is as obviously corrupt as it is now, people lose faith in the system entirely and that’s what’s happened.

> The problem is that universities don't really have the ability to invest in education and safety in lower income areas.

I wasn’t talking about the universities, I was talking about the government. If the government is willing to dump hundreds of billions into Ukraine, I’d rather see that money going into creating businesses, schools and safety in the most egregious areas of our own country and build them up. Create competitive applicants by destroying generational poverty.

Not by bending admission standards and lying to everyone’s face as if we are racist for pointing out their racism. I would much rather see my tax dollars funding this rebuilding of the worst parts of the country than war. And if it produces hundreds of thousands of competitive students one generation from now, we all benefit because they won’t be as underrepresented and we can get rid of these racist policies by radical left fascists that believe that more racism is the answer for racism.

remote_phone··on Ask HN: Stripe holding funds for 120 days for no reason
Companies like Stripe can’t deal with the P999 problems and are ignoring them.

They think their P99 customer service is great but 0.1% of their customers are experiencing a catastrophic level of experience and they simply don’t care. They are ignoring it because it doesn’t show up on any of their metrics or dashboards but it has a catastrophic effect on a small number of customers.

Companies like Stripe need a swat team that deals with these P999 catastrophes, but given their scale it’s probably cost prohibitive, so they just say “Fuck it.”

remote_phone··on Colleges that ditched admission tests find it harder to fairly choose students
> One college purchased a data service that ranked high schools and factored those high school rankings into each application. Students from underserved high schools received a lower ranking, an admissions officer explained. It wasn’t a fair process.

This is the crux of the affirmative action fascists. They picked what they thought was a “fair” set of criteria and it didn’t produce the outcome they wanted. They concluded it wasn’t “fair” because it didn’t produce they wanted. That’s garbage.

Backing into an outcome simply based on skin color that they want is racist and truly unfair.

If you want certain communities to do better in education, you don’t manipulate the outcome by changing the selection criteria, you produce better candidates. Invest in education and safety in lower income areas. No one does this. South side Chicago and St. Louis Missouri and Baltimore aren’t filled with stupid people. They are filled with people who have suffered generational poverty, living in some of the most violent areas of the world. If you dump money into schools, jobs, and police in those areas, you will produce a thriving middle class in a single generation and from there you can create hundreds of thousands and millions of educated “underrepresented” people that are COMPETITIVE.

remote_phone··on Scanning phones to detect child abuse evidence is harmful, 'magical' thinking
Because they aren’t scanning phone to detect child abuse.

That’s the excuse and gateway into your phone. If you say “no” then you are supporting pedophilia. However, it’s not the ultimate objective.

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