116 karma · joined September 15, 2018
So much so that I have an XS and the SE and cannot get back to the XS.
I know HN has some weird opinions sometimes that aren't representative of a majority. But I genuinely think if people used this or gave it a shot they wouldn't switch back.
I think the problem is the guys making Chrome have 256G of RAM on their dev machines and hardly ever have the constraints of a normal use situation. Optimising RAM usage doesn't seem to be a priority.
Typically with an index fund, imagine a pie of the money. It's split up and invested into companies, but the allocation depends on the market cap of each company relative to the whole pot.
This means returns aren't based on the ability of companies to perform it depends on how big they are at the time. The bigger they are the more allocation of capital they get. Say you have a small company with a very high return rate on its investments, it would get a meagre rate of return compared to say Phillip Morris/Altria which has a lower rate of return, but is just big so it gets a bigger allocation.
You'd think its Darwinian but it has odd effects because what's big stays big, and it has nothing to do with the ability of the company to perform now, but what it did decades ago.
Controlling the Chinese economy is relatively easy with the state corporation machinery through the investment component and brings in robust economic growth in GDP numbers, but consumption really sags.
FWIW the entire western economic system canters around the consumption portions of GDP. That's why everyone loves to export to the US/Europe/Australia. Consumption is resistant to short term economic shocks.
You'll have many around here boasting higher saving rates in Asian nations, but these are the reasons the economies are far behind (inc Japan). Look at the other side of savings, more spending means more is earned as well creating a net social surplus for everyone beyond the private scale of saving. It takes exports to make up for this shortfall.
Contrast that to Disney which is aces on content, and a wildcard on distribution. It's more likely than not to be a bigger competitor than Prime.
It really isn't obvious. What exactly is wrong with it, specifically?
If you want a dive into what it looked like before look out for a book called Lombard Street.
Infact our problems with trade deficits and imbalances at the moment can be attributed to his defeat by Harry Dexter White in the implementation of Bretton Woods in negotiation (Bancor).
Basic wage: X
Bonus Wage: A
Market Appreciation: B
Total: X+A+B
Under the new system
Basic Wage: X+Y
Bonus Wage: 0
Total Wage: X+Y
X+Y > X+A
Sometimes, X+Y+Z > X+A depending on if you keep the RSU. But you can always also take Y (the increase) and invest it and it will always be higher.
2) The price displayed to you is 20ms late
3) You accept order at this price
4) The actual price might be less, so a firm can buy it and sell it slightly higher.
5) You get a fill at a better price than you thought.
- There is a premium to Robin Hood vs other apps because most users are on mobile, where latency is likely to be higher.