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As someone that had a similar experience with Transferwise (actually also a 5k transfer), I'll give you a piece of advice: sue them. In the US, you can file a small claims easily a…

Wow - that's a remarkably large number of containers. If my math is right, just about 25% of a full load on this ship. Half-submerged containers can be pretty insidious navigation …

Correct - vessels on US cabotage-restricted routes will always be registered (and crewed etc) in the US.

Depends on the jurisdiction. In many countries, yes there are insurance requirements. Even in ones where there aren't, most vessels owned by larger companies carry insurance for th…

This is definitely a super interesting company/approach - thanks for the link! I'm definitely curious as to whether they're actually using things like neural nets (or any other mor…

Interesting. Overall, I agree with everyone else - Affirm looks like a healthy company. Major takeaways: 1.5% write-off rate for their jan 2020 vintage is very healthy - comparable…

It definitely depends heavily on the market you're living in - some are very heavily subsidized, others are not. As a counterpoint, I recently had a $30 off promotion for uber eats…

This is a little different than what Lehman got in trouble for in the US. During the financial crisis, the core issue is that banks were making loans off their own balance sheet wi…

Basically, when you purchase something with a credit card the bank fronts the money to the merchant and bills you for purchases later. If a transaction is fraudulent, either the me…

Interestingly, this is pretty much the split we've seen regarding terrorist hostage-taking in North Africa. While European governments have generally paid ransoms for the return of…

Your read is exactly correct - the frequent flyer costs aren't 'fully loaded', and accounting rules in the US have changed to more fully account for these costs. That said, the log…

The airlines have successfully squeezed banks a good deal more than that! At this point all the US-domestic carriers are charging their bank partners over 1 US cent per point. Sour…

At least on an accounting basis though, airlines do actually make remarkable profits on their frequent flyer programs. In 2015 or so United disclosed their FFP business was earning…

That is an excellent question - and one that I don't know the answer to. It's something we're looking into. Incidentally though, the FAA minimum liability coverage for a widebody i…

More complicated than buying a used car, but not horrible. The biggest issue is getting seller alignment. On the cash front, ferry flights to the US are the biggest expense by far.…

Afraid no link - I'm actually in the process of buying 777s right now at a bit less than that (and then hopefully flipping for 5 apiece). Fresh out of a heavy C check, too. But if …

They're worth a good bit less than single-digit millions. For context, you can pick up an airworthy 15 year old 777 right now for ~5 million dollars. Last time I spoke with a wideb…

In addition to the 11%, GM is also slated to earn up to 700 million dollars in cash.

Well, the liquid ban was added because some terrorists were caught trying to smuggle liquid binary explosives onto airplanes (with the plan to mix them in-air, then detonate them).…

It's a bit nebulous, but as a rule high-annual-fee/interest rate rewards cards are built around this model; the higher the annual fee, the less interest income a bank expects to ea…

This depends on the card. For subprime cards, it's true that late fees and interest charges make up most of credit card companies' revenue. But in the premium market segment that h…

A really good point! I'd run a bit in the past - though not to this extent - and it's amazing the degree to which injury management becomes a part of running. I'm definitely an ama…

I think it heavily depends on the individual. Personally I've gone from nearly sedentary to running ~35 miles per week (and lost ~15 lbs in the process).

Depends heavily on your building. At my last downtown SF building, I paid ~$40/month for a symmetric gigabit fiber line.

Well, it was due to cost cutting! The point of using an in-house solution was that it was cheaper than buying a reservation system.