tc313

(2004)

It’s an acquired taste. Like soccer, all of the action happens in short spurts and you’re never sure when it’s going to happen (if it happens at all). People coming from the Netflix series had too-high expectations for the action.

I still think it’s pretty crazy to price an IPO below the highest price that you can get for the full allotment. Facebook’s stock plunged in the months following its IPO, but it can raise capital at a much higher price now. The stock price shouldn’t matter in the short run.

I think he meant half of $4.2 billion.

According to the supplemental items on the cash flow statement, Netflix technically paid $131 million in cash for income taxes during fiscal 2018. But it's true that it only owes $15 million for its operations during the year.

Why do you want to ban them? If it’s to stop them from harming society, the legal system is already set up to do that. If punishing behavior isn’t working, trying to punish potential behavior doesn’t seem promising either.

And he’s already doing a huge favor by helping her escape. Why do people expect him to sacrifice his life for her too?

But in terms of the appropriateness of calling the feature “autopilot,” it seems that Tesla’s feature is as deserving of the name as an airplane’s autopilot (the driver/pilot still has to remain alert and focused on what’s happening).

It’s a regulatory requirement. Banks don’t do these things just to piss off their customers.

As a finance major, I don't really want my wife whispering "EBITDA" in my ear late at night, so I can believe this conjecture even if the article isn't convincing.

You’re talking about buying puts, which is different from shorting the stock. If you short a stock that stays flat, you’re out your borrowing costs but nothing more.

IANAL but I’m pretty sure the second amendment only applies to guns; you can’t walk around with an RPG on your shoulder.

(2014)

Dick Fuld shot himself twice in the heart and still wasn’t able to kill himself.

Do you live/work in Texas? The big cities (Austin, Houston, Dallas, San Antonio) are overwhelmingly liberal.

It’s rigged against you if you’re implementing a strategy for which two days makes a big difference. But buying and holding a diversified portfolio has been shown to outperform the majority of hedge funds (after fees) over the long-haul.

> start thinking about diversification

Buying an index fund composed of 500 large U.S.-listed companies is pretty diversified. I suppose you could diversify internationally, but no need to stray from index funds if you're not managing your money full-time.

> He would probably have never invested in Netflix, or Facebook, or Google. Yet any investor who did made a killing.

Buffett's strategy is to avoid losses -- not to worry about missing out on possible gains. He believes you avoid losses by investing in companies with a long, successful track record of doing the same thing for many years and that are likely to continue doing that same thing for many years into the future.

So, it's not that Buffett doesn't "get" technology, he just can't make intelligent guesses about what tech companies will be earning 10 years from now. He sticks to his circle of competence and it works.

Most middle- and upper-class Americans take a driver’s education course (like what you’ve described) prior to receiving their driver’s license. In 10 years it won’t even be necessary because nobody’s going to be driving themselves anyway.

Except now everybody is looking for it...

It has to be material inside informtion in order to be considered insider trading. He can argue that the small dip in the stock price after the news was released is evidence that the information was not material.

Buffett

We call ourselves Houstonians in Houston.

Here's the story: https://arstechnica.com/information-technology/2017/03/firef...

>I mean, tax the hell out of wealth.

Easy to say when it's not your wealth being taxed.

Perhaps more customers willing to pay for content is what's needed.

At the risk of splitting hairs, Thompson actually argued in favor of mandating net neutrality, but against the stringent Title II regulations. He also argued that re-classifying ISPs would not necessarily lead to the end of net neutrality.

I always thought the $10,000 reporting rule was for physical cash deposits. Is it also triggered when you, say, transfer $10,000 from your online brokerage account to your checking account?

There's a wide spectrum of severity when it comes to personality disorders; just because one person with BPD is beyond help doesn't mean others are unable to lead reasonably normal lives with the disorder.

Wouldn't you be able to deduct the cost of the cocaine? I'm not saying it'd be smart, just legal from a tax standpoint.