1,411 karma · joined March 31, 2013
disclaimer: this is not legal advice
http://www.finra.org/investors/day-trading-margin-requiremen...
>Day trades can occur in a cash account (only) to the extent the trades do not violate the free-riding prohibition of Federal Reserve Board's Regulation T. In general, failing to pay for a security before you sell the security in a cash account violates the free-riding prohibition. If you free-ride, your broker is required to place a 90-day freeze on the account.
I'm having a hard time understanding this criticism. What use do we have for the concept of "dinosaur" other than as a means of predicting future discoveries and building a predictive theoretical model for our environment?
No
https://en.wikipedia.org/wiki/Dual_process_theory#Dual-proce...
Kahneman and Tversky spent a good deal of time trying to identify the major heuristics employed (and biases caused) by the more "intuitive" of the two systems used for thinking.
(You may note that at the time this paper was published there was no concept of Dual Processes and the phrases "System 1/2" are never used.)
http://psiexp.ss.uci.edu/research/teaching/Tversky_Kahneman_...
Keeping in mind that Hypercar would have to pay car-loaners at least the amount that the car loan is costing them in maintenance & depreciation (or else who would loan their car), Uber would come out ahead.
Maybe in the short-term, this Hypercar company could rely on car-loaners to underestimate maintenance/depreciation costs but surely that would only last so long.
The overall message of Piketty's book is that capital's share of income will rise due to the difference between capital returns and growth. It may be true that capital accumulation is and will continue to be driving inequality, and is certainly valuable to know if so, but you can't accept the assumptions on which that argument is based blindly.
This paper is not nitpicking a small point, but arguing against the main message of the book.
Not very soon? If that were possible, don't you think insurance companies would have long ago jumped at the chance to drastically reduce their labor costs?
>The moral of the story is we should automate jobs that people don't like doing.
As you say, you can see this happening today. This is already how the economy works. No company is going to pay workers if they can avoid it. So what's the problem?
Major Customers of Foxconn http://en.wikipedia.org/wiki/Foxconn#Major_customers
Your value to the company is how much it would cost, in time, effort, and money, to find a replacement(s).
Edit: After looking at other articles, I assume the pie chart refers to situations where a copyright claim has been filed for a video. In that case, it seems the filer is the "publisher" and the video uploader is the "creator"