Viewing profile — Hongwei

Our entire social contract relies on the a redistribution of wealth from young to old. Boomer Communism, it's currently called. If you are currently paying taxes, you are funding M…

I appreciate PG's writing as always. I'm skeptical that the super-rich are only generating 5% on their money. My anecdotal experience is that it's usually north of 15%. They have a…

Smugness usually turns people off. It doesn’t matter how smart you are. No one likes people who act superior to them. Hilary lost over her “deplorables” comment. It makes me sad th…

Is it the critics of performative anti-racism or the actual performers of performative anti-racism who are undermining anti-racism?

RIP. As a Canadian I've always liked that we technically had the Queen as our head of state. I wonder how attitudes will change now that her 70 year reign.

I buy the first, not the second. Retailers often charge consumer packaged goods companies (CPGs) for preferential placement in aisle and carry no risk on inventory. The bigger the …

Thanks! fixed

Hi! If you're looking for a developer friendly indoor mapping suite (both for editing and viewing/navigating), check us out - www.mappedin.com Totally agree that it's an overlooked…

Could be the same timeline, but would still need a mostly new cast. Stargate SG-2 just doesn't have the same ring to it!

I don't know. I would say I'm d) believe that the West cannot and should not enforce a lockdown the same way authoritarian China or Singapore can, and therefore it is doomed to fai…

They can if they stop enrolling and paying tuition. There are plenty of options online for college-style certifications that most employers in my industry (software engineering) wo…

I hope so too :) And fair enough, thanks for the the kind discussion, I didn't mean to put words in your mouth.

I agree with you that current market incentives do not capture externalities like environmental harm. (eg. soil erosion, in the case of a farmer who doesn't rest his fields) I hope…

I agree with you completely. There are certainly rent-seeking businesses that do not create value (or net value?). And the majority of businesses are competing in (disrupting) exis…

Sorry but I strongly disagree with your assertion that building a business is a zero-sum game. At the basic level, a farmer who sows a field and harvests a crop is making the world…

I've always told people interested in startup to "start a project, not a company." I haven't been able to verbalize why yet until this: But there is another more sinister reason pe…

Isn't this the standard private equity playbook? Buy, hold, and flip? Though Softbank isn't a VC and I haven't heard of mass cost-cutting after they buy something.

Bombardier has its own problems and is viewed as a corrupt Quebec company by much of English Canada (that is, the rest of us). So the other comments on the political appetite to ba…

I think the parent comment is implying that college diplomas are better at helping people get a job and earn a living. Writing 1+ page essays and MLA citation formatting is work th…

This may be the last straw that tips politicians over into considering Twitter & co utilities - stuff that the gov has a say in running because failure is unacceptable to the publi…

Imagine being on some planet far away, just living your life, and a literal star comes through and ends all life in the system.

For those who don't remember, here's what happened last time: https://www.thestreet.com/technology/rackspace-ipo-starts-ou... Wish them luck this time!