A thing which I unironically and enthusiastically believe which is unpopular among smart people of my acquaintance: financial engineering has in the recent past and present contributed substantially to human welfare. We should hope to see more of it.
I mean more “We took a thing and performed some alchemy, and now have a new thing.”
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In that spirit, here's some quick Things Many People Find Too Obvious To Have Told You Already.
Your idea is not valuable, at all. All value is in the execution. You think you are an exception; you are not. You should not insist on an NDA to talk about it; nobody serious will engage in contract review over an idea, and this will mark you as clueless.
Technologists tend to severely underestimate the difficulty and expense of creating software, especially at companies which do not have fully staffed industry leading engineering teams ("because software is so easy there, amirite guys?")
Charge more. Charge more still. Go on.
The press is a lossy and biased compression of events in the actual world, and is singularly consumed with its own rituals, status games, and incentives. The news necessarily fails to capture almost everything which happened yesterday. What it says is important usually isn't.
Companies find it incredibly hard to reliably staff positions with hard-working generalists who operate autonomously and have high risk tolerances. This is not the modal employee, including at places which are justifiably proud of the skill/diligence/etc of their employees.
Fun going down this list and thinking: "Hmm, plausible at a well-run modern software shop", "Hmm, possible, but requires implausible tradeoffs", "Literally disallowed by languages", and "If you were to attempt doing that our test suite wouldn't let you merge."
I think we as an industry celebrate (not quite the right word) failure too much and don't celebrate success nearly enough. There is no DailyWTF for competent execution, word of which generally stays pretty local to the source while incompetence passes into legend.
Alrighty let me try to thread the needle on being the change I want to see in the world while not giving away anything that will get me in trouble:
Ruby has wonderful developer ergonomics. Typed languages are easier for machines to guarantee the correctness of. We built a type checker for Ruby (and I believe it is slated for OSS release sometime).
If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.— Greg Wester (@gwestr) November 25, 2018
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
APIs add new things to the toolbox. For example: Treasury, which lets an app/platform store, move, and track a business’
I've been a small business owner and can talk at length about SMB banking, and will later, but let's put on the software developer hat right now.
Lots of software talks about money, keeps records about money, does calculations about money, but can't *touch* money.
This is extremely frustrating when you're building SaaS apps for businesses, because you have total control over your UX right until your app needs to touch money... at which point all data about it lives in a silo you can't access.
So you generally push work to the operator.
For example, suppose you’re writing a business-in-a-box system for electricians, including an invoicing feature.
You need to be able to read bank transactions to reconcile. You probably can't. The owner can. So you ask the owner to do mind-numbing work a computer does better.
It sure would be great if your business customers had bank accounts you could actually introspect and operate on their behalves! You could just get the list of incoming payments and match against the invoices.
There is some software to write but it is not rocket science.
“Coffee? What does that have to do with payments?” I’m glad you asked.
Convenience stores are low net margin businesses, which sell some high gross margin goods/services but a lot of low ones, and have high fixed costs and a low ticket size. The typical transaction is under 500 yen ($5) and many are about $1.
They need repeat custom.
A few years ago, all of the chains had a good idea for increasing frequency of use: make a minor capital investment in automatic coffee machines. Sell access to them for the price of a cup / ice; customers self-serve with the machine.
The price point is $1 to about $2.
Coffee quickly became one of the most frequently repurchased items at convenience stores, in no small part because it’s the one thing they can sell which is phameceutically habit forming but totally unregulated. (Just telling it like it is.)
But the coffee is not very defensible
The problem, such that it is, is that competing chains are everywhere and *all* of them serve Thoroughly Adequate Coffee at similar prices, so you’re back into the brutal economics of “Who is 3 meters closer to 40 customers at 1 office?”
Enter payment apps.
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There is overwhelming evidence of election fraud. Therefore it is the duty of the Executive, Legislative, & Judicial branches to throw out the fraudulent votes & to honor their oath to protect & defend the Constitution of the USA.🇺🇸🦅
A list below.🔻
1/ Navarro Report: The Immaculate Deception - Six Key Dimensions of Election Irregularities -
2/ Analysis of 3,000 U.S. counties shows Joe Biden received 5.6 % more votes in counties using Dominion Voting Systems (Video) -
3/ Antrim Michigan Dominion Voting Systems Forensics Report -
4/ Evidence Grows: ’20 Election Was Rigged -
The 1st app I reversed is an app called Decision
Look at the name of the files contains in the assets folder:
For example, the trainstation database contains:
In the manifest of this application, there is a GeoReceiver
Bin Salman heads only one faction.
Mohammad Bin Salman [MbS] not only has to deal with states in the region that want to thwart his plans for Saudi Arabia [SA} & the Middle East [ME] such as Iran, Turkey, Syria, Russia, Quatar...he also has people inside SA itself that don't like his reforms or agenda.
So when the narrative gets presented that "The only way Khashoggi could end up dead is on the direct orders of MbS" you might want to keep this in mind.
There are SEVERAL ways Khashoggi could end up meeting his demise at the hands of Saudis not working on the orders of MbS.
Powerful factions within SA, several of whom do not like the Crown Prince's reforms or the fact he was promoted to his current position ahead of others in the royal family, could have done this in the hopes of pinning it on MbS.
Too many false/fake news stories came out of Turkey in the past week to say anything further. This latest news comes just after it was reported Pompeo heard an audio of the killing that was quickly walked back in less than a day.
#ஆழ்வார்கள் அருளிய பாசுரங்களின் பொருளமுதத்தில்
தீஞ்சுவை அமுதத் துளிகள்!
"எம்பெருமான் பொன்மலை மேல் ஏதேனும் ஆவேனே" என்றும் "படியாய்க் கிடந்தது உன் பவளவாய் காண்பேனே" என்றும் நாடு நகரமும் நன்கறிய முழங்கிய எங்கள் குலசேகரனின் திருநட்சத்திரம் இன்று. நல்லவர்கள் கொண்டாடும் நாள்!
ஸ்ரீ வைணவ ஆசாரியர்களின் உரைகள் ஆழ்வார்களின் ஒவ்வொரு சொல்லிலும் பெரிதும் ஈடுபட்டு விளைந்தவை.
தெய்வீகச் சம்பவங்களில் கூட உரைகள் தோன்றியுள்ளன என்பதற்குச் சில சான்றுகள்!
வாரீர்! பெருமாள் திருமொழியில் உள்ள சில வரிகளுக்கு நம் ஆசாரியர்கள் அருளிய பொருட்சுவையைச் சுவைப்போம்!
6ம் திருமொழி 8ம் பாசுரம்
ஸ்ரீ குலசேகராழ்வார் ஸ்ரீ இராமபிரான் மீது பற்று உடையவர் என்பது பலரும் அறிந்ததே ஆனால் அவர் ஸ்ரீ கண்ணபிரானையும் பாடியுள்ளார்.
இப்பதிகம் ஸ்ரீ கண்ணபிரானுடன் பல கோபிகைகள் ஊடல் கோபத்துடன் பேசுவதாக நாயகி மனோபாவத்தில் அமைந்துள்ளது!
'என்னை ஒரு இடத்திற்கு வரச்சொல்லி, முல்லைப்பந்தலில் பதுங்கியிருந்த இன்னொரு கோபிகையுடன் கூடியிருக்கப் போகும்பொழுது எனைக் கண்டு, உன் பீதகவாடையைப் பிடித்துக்கொண்டு இல்லாத பொய் அச்சத்துடன் ஓடினாய். என்றாவது என்னைக் காண வருவாய்.
Ashish Chugh's journey:
Engineer by education but never had interest in software and started career with DSP Merrill Lynch.
He was working from 1993 to 2003, and in 2003, he decided to start full time investing.
First understand your capacity:
Would you be able to hold the stock when it falls 40%?
Understand yourself and know your temperament
When there is panic in market, these stocks become illiquid and even small selling damages the stock price.
One must have a contingency fund with themselves.
If you don't need money till 3 years from stocks then micro cap is fine.
He avoids leverage as if a situation like Mar 2020 comes you would be forced to sell your quality stocks to cover the margin.
Advises not to get into margin trading funding.
You would need some years to understand which style suits your temperament.
He himself realized that micro-cap world suits him after 8-10 years.
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2/ Stone and Manafort are longtime business partners; we'd expect Manafort to tell Stone what Assange told him, and for him to expect Stone to then pressure the campaign not only to hire him but quickly elevate him.
And who was Stone in touch with at the campaign? Trump himself.
3/ I bet you Manafort's late March emails are very interesting and that some of them are to/from his longtime business associate Roger Stone. And I bet Roger Stone's late March phone calls are very interesting and that some of them are to/from his longtime friend Donald Trump.
4/ At the end of March 2016, Trump suddenly convenes a NatSec meeting. At that meeting he directs his NatSec team to change the RNC platform in July to benefit Putin. Who later takes credit for that change?
Paul Manafort's business associate, Kremlin agent Konstantin Kilimnick.
5/ Why did Donald Trump suddenly convene a NatSec meeting 3 days after he finally hired Manafort? Why did he issue a pro-Kremlin directive at that meeting that Manafort's camp would later take credit for? What did Manafort tell Trump in the days leading up to that NatSec meeting?
2. Marvel Comics (before that Atlas) was just a cog in the machine of a bottom pulp publisher run by Martin Goodman, the husband of one of Lee's cousins. It was the lowest of the low in the publishing world.
3. Now Mario Puzo (not yet the author of the Godfather) shared offices with Stan Lee in the 1950s and 1960s. Puzo wrote for garrish men's adventure magazines and, like Lee, dreamed of writing a novel & breaking out. But Puzo looked down on Lee.
4. Flo Steinberg, 1960s secretary at Marvel: "They were always making jokes about us. They'd come in and giggle. mario Puzo would look in and would see us all working on his way to the office and say, 'Work faster, little elves. Christmas is coming.'"
5. When JFK was killed, the whole office of Magazine Management was stunned and quiet. Except Lee. He continued working. "He was still working on the comic books," Puzo said. "Like that was the most important thing in the world."
ARRESTS and EXECUTIONS OF FAMOUS PEOPLE 2020 UPDATED
Explanation of the latest military tribunal arrests and executions of famous people in 2020.
2. The tribunals are arresting these people in plain clothes. We saw the Obama’s arrest, although we didn’t know it was an arrest at the time. The arrest was done nonchalantly so as to not get noticed by the public.
All arrests of these famous people were done this way.
3. If the person is convicted of child sex trafficking, crimes against humanity or treason, they will be executed.
If the person arrested has evidence on someone else to help their prosecution, or is willing to help Trump, & they want to cooperate, they may be allowed to do so.
4. A sentence of execution down to life in prison may be accepted if their evidence is worth anything.
When a plea deal is done, the defendant must present evidence they have to make their sentence lighter. This information is given to the prosecution, defense, and to the judge.
5. If evidence is accepted, they are presented the plea deal. They will have to make a guilty plea to the crime with a video confession & written statement. That is how all plea deals work.
All famous people arrested were either treasonous or involved in satanic worship rituals.
Learning how to validate ideas fast was one of the best things I ever did.
In this thread, I share what I've learned...
Validating an idea means figuring out whether or not it will actually work before taking the time to actually build everything out.
It's important to know how to validate because it prevents you from wasting time on low ROI shit that doesn't produce results.
Being able to validate ideas fast is what separates entrepreneurs from "wantrepreneurs."
To validate an idea, you must prove that people are ready, willing, and able to give you money for whatever it is you're selling. Basically, validating is doing the marketing first, before you build the business behind it.
You want to build an ecom brand selling sunglasses, watches, accessories. But you're not yet sure if it will work. So instead of contacting suppliers, getting samples, and spending a bunch of $$ on inventory, you do the marketing first.
2. Why am I compelled to speak? How am I free to speak? The answer is in the federal Values and Ethics Code of Coduct (VECC).
3. It can be career-limiting to criticize government policy when you work for government. Duty of Loyalty is very, very important. However, as VECC makes clear, it is not absolute. In fact SCoC has ruled twice in favour of citizen free speech as a higher ideal. In 1985 and 2001.
4. I am therefore perfectly comfortable showing you the scary things that are happening in the North under a warming climate. A failure to meet global GHG emissions targets is hurting Canada's forests in a way we used to think wouldn't happen for decades.
5. Warming temperatures and rising [CO2] could, in theory, help green the planet with more vigorous tree growth. But that's not what's happening. Don't believe the #greenwash. The positive effects are over and it is warm enough that we are now starting the into the negative.