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worker767424

1,138 karma · joined August 12, 2020

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worker767424··on Min wage would be $44 / hour if it had grown at same rate as Wall Street bonuses
They represent different things.

They article picked 1985 as the start date. The 80's and 90's saw a hedge fund boom, so it's not surprising that pay followed, and there was a shortage of people able to do that specialized work.

Minimum wage is a price floor that mostly applies to unskilled labor.

It does point out disparities, but minimum wage not tracking CPI and whether minimum wage is and appropriate and effective policy tool are more interesting discussions. Or on the Wall Street side, does the incentive structure serve shareholders' best interests and the best interest of the financial system. The comparison makes for good rhetoric, but they actual causes are very different, so it just makes intelligent debate harder.

worker767424··on “Buy and Hold” No More: The Resurgence of Active Trading
This is what "getting priced-in" looks like. There are strategies around buying shares of companies where their acquisition has been announced, but hasn't closed. Buying is basically a bet that everything goes smoothly.
worker767424··on “Buy and Hold” No More: The Resurgence of Active Trading
> 2. Highly skilled Hedgefunds like Medallion who do great on average, but they are small

Medallion usually does well, but hedge funds underperformed in the 2010's.

worker767424··on “Buy and Hold” No More: The Resurgence of Active Trading
Remind me to put my money in Citadel and not a16z.
worker767424··on Akon wants to run a Senegal city on cryptocurrency
Found this on Wikipedia, but there are some very important differences.

> In April 2007, Akon drew criticism for an onstage act which included simulated sex with Danah Alleyne — a 15-year-old girl at the time who is the daughter of a pastor and sister of Crime Watch host Ian Alleyne — at the Zen Nightclub in Port of Spain, Trinidad and Tobago as part of a fake contest, despite the club's claim to have a 21 years and over age requirement

worker767424··on Things I was asked to do while job hunting
I keep it up-to-date with at least my employers because there are enough FAANGs and well-known unicorns on the list that that alone gets me recruiters emails. A few of the FAANGs have a recruiter check in with me every year. Basically, I interact with it enough so recruiters know I'm out there and desirable.
worker767424··on Facebook does not plan to notify half-billion users affected by data leak
It's not just phone numbers, though. It could be private messages, friends-only posts, IP address logs, physical addresses, SSNs--the list goes on. You'll quickly find that anything non-trivial will start collecting data users wouldn't want public.
worker767424··on Facebook does not plan to notify half-billion users affected by data leak
That's a great line for a stump speech, but try building this system yourself.
worker767424··on Facebook does not plan to notify half-billion users affected by data leak
One well-known company I worked had a data breach published online and reported on. I know people on the accounts team and security team and have seen the code for how passwords are hardened. No one internally who knew those systems thought it was a breach; it was more likely people reusing credentials that were breached elsewhere.
worker767424··on Facebook does not plan to notify half-billion users affected by data leak
My only issues with this are that it's impractically hard to protect data to the extent necessary, and large fines become a lever for disgruntled employees to cause massive damage.
worker767424··on Ask HN: What tech job would let me get away with the least real work possible?
> I'm an average developer looking for ways to work as little as humanely possible.

You can halfway do this by being a 90th percentile developer. The problem is you get there by putting in the work and having the sort of mindset where you put in the work and keep putting in the work when they don't have to.

worker767424··on Ask HN: What tech job would let me get away with the least real work possible?
> it makes me wonder if college has changed since I graduated.

Or how you have grown since you graduated.

worker767424··on After working at Google, I’ll never let myself love a job again
There are better stories that deserve this headline, stories where people land their dream job only to be disappointed by the role, or the company, not just one individual.

Still, the position she was in sucks. You can never have a good working relationship with the harasser again, and the only outcome that would resolve the situation is the harasser getting fired, but that won't happen with only hearsay of inappropriate comments; it would need to be something egregious with witnesses. The only move is switching teams and telling HR so it (hopefully) doesn't happen again.

worker767424··on Incident: American B38M near Nassau on Mar 29th 2021, pitch trim issue/failure
This is every commercial plane, though. We've traded more frequent crashes due to human error for fewer, more spectacular crashes due to how complex planes have become.
worker767424··on Incident: American B38M near Nassau on Mar 29th 2021, pitch trim issue/failure
But this doesn't feed the machine that is the 24-hour news cycle. I fully expect cable news to try to declare "more trouble for troubled plane," even though it appears to be a garden variety failure.
worker767424··on Gallup: U.S. church membership dips below 50% for first time
Interesting timing. The Atlantic had an article arguing the same thing.

https://www.theatlantic.com/magazine/archive/2021/04/america...

worker767424··on Gallup: U.S. church membership dips below 50% for first time
I have no idea how more kids don't say "if Santa isn't real, is God real?"
worker767424··on Gallup: U.S. church membership dips below 50% for first time
This is what it was smart for the Catholic church to have to issues with evolution. Maintaining a strict creationist stance just gets sillier and sillier over time.
worker767424··on Gallup: U.S. church membership dips below 50% for first time
Some people go to church for answers, but I think a lot are really just there for the community and play along with the religious parts because of inertia.
worker767424··on „We were chased out of SF after trying to give free Internet to the poorest“
That's a fair point. In a two party system, you drive turnout where you know you can benefit, pass enough broadly popular legislation to have a plausible bid for reelection, then ignore your constituents and do what your party and donors want.
worker767424··on Female Founder Secrets: Men Clamming Up
The only path forward is for enough high-profile, hyper-woke behavior examples to get negative public exposure. As long as men are afraid of accidentally becoming the target of the next donglegate, it's safer to just not engage.
worker767424··on Female Founder Secrets: Men Clamming Up
Lots on green usernames in this thread.
worker767424··on „We were chased out of SF after trying to give free Internet to the poorest“
> maybe it’s time to try some alternatives to democracy.

I've long maintained most people are too easily manipulated and pandered to, and have too poor of an understanding of policy to vote. It's too bad poll tests have a bad history in the US.

worker767424··on „We were chased out of SF after trying to give free Internet to the poorest“
What about Sonic?
worker767424··on „We were chased out of SF after trying to give free Internet to the poorest“
There's a distinction between the poor and the homeless. As much as they don't understand cost of living for the working class, they bend over backwards for the homeless, and needles and shit in streets doesn't exactly raise property values.
worker767424··on I tracked down my impostor
I think that ruling is only for the Fourth Circuit.
worker767424··on I tracked down my impostor
I feel like this was an Ed Sheeran music video.
worker767424··on I tracked down my impostor
I keep waiting for someone to find a plagiarism checker retained a copy of their work and sue for copyright infringement.
worker767424··on I tracked down my impostor
Sweet, sweet karma. And then you go sell the account.
worker767424··on I tracked down my impostor
> in the US it is 90-100

In a science or engineering class, it might be everything above 40%.

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