Viewing profile — awinder

Bailing out companies keeps people in jobs & backstops the assets that comprise retirement/pension systems, both of which keep people in their homes. You could find ways of keeping…

One does not simply become a citizen, most have to convert from a work visa to a permanent visa (requires wait time + process), and then more wait time before being allowed to appl…

Because there was the specter of a protracted legal battle to close the Twitter acquisition and that risk (of both time and result) was priced into a 25% discount on the acquisitio…

You can balance the real dual-interests at play here through progressive taxation, allowing for transfers of wealth that only marginally accelerate society-wide wealth disparity. T…

By: 1. Not labeling people who disagree with you as “part of a professional managerial class” / people who don’t want to work (propaganda) 2. Actually citing personal experience (j…

You’re: 1. Not actually detailing your life experience 2. Repeating tropes and stawmanning arguments that others aren’t making 3. Framing people you don’t agree with as “PMC people…

We’ve had 3 bull cycles that lasted around 13 years covering periods in the 50s, 80s and 90s. https://www.uidaho.edu/-/media/UIdaho-Responsive/Files/Exten... The +9% average is lon…

“All of this has led to weird idiosyncrasies, euphoria, and contradictions. Stocks ballooned, tripling in value since 2009” This is like 9% compounded for 13 years, which is in lin…

“Things were different before the wars in Iraq and Afghanistan. In those days, sailors were required to train for a regular Navy profession, known as a rate, before they could atte…

Berkshire had a (especially relative to the market) very good year and it’s the highest weighted constituent in XLF. Also a lot of the active fund companies had this same sort of t…

Digital goods are taxed and my apple app receipts all have a tax line on them (US-based).

You would compare your fund to an index maintained by a company like MSCI or S&P Global which covers Fictionaland. And you’d probably have a number of indexes for Fictionaland that…

Corresponding index to the fund, usually called the benchmark. US Large cap mutual funds commonly compare against sp500. A small cap index might compare against Russell 2000. MSCI …

SCHD is a Dow Jones U.S. Dividend 100 Index tracker, that example just compares performance of 2 indices. Beating the market would refer to a fund (closed/open doesn’t really matte…

This is a pretty good jumping off point: https://en.m.wikipedia.org/wiki/Myth_of_the_clean_Wehrmacht Yeah West Germany successfully pushed for western-held war criminals to be rele…

I don’t see a lot of current generation German spirit-busting going on. The 90s saw the myth of the clean wehrmacht finally addressed, this abhorrent stuff is being investigated by…

This law does not apply to a single actor included in tweet thread. It applies to government employees & administrative positions, which even Ro Khanna isn’t, and that’s the closes…

Yeah and then Holmes was given a trial by a jury of her peers, and she became a convicted felon. Welcome to a legal system not adjudicated by twitter shitposters. I sincerely don’t…

“Apple does not claim a cut of the exchange of stocks, but they do claim a cut of the transaction fees for the exchange of stocks.” Are you sure / how? I’m not going to sign up for…

Apple says they paid out 60B in App Store revenue to developers in 2021, if you used the 30% figure (which is unfair because they charge 15% on +1yr subscriptions and <1M revenue) …

Personally I would skip, or at least smell-test, such calculations by a trip to the publicly available hard data: https://d18rn0p25nwr6d.cloudfront.net/CIK-0001418091/947c0c3... Tw…

I would love to know the mystical mechanism by which a legislative representative spreads money to federal and state AGs, and then how those AGs spread money around their respectiv…

“The answer might be that every crypto exchange has a 15% or higher chance of exploding per year and they've all just been extremely lucky” Nailed it!

Caroline quote is hysterical — that is both a mathematically and philosophically flawed argument. Befitting of someone who would blow out an $8B+ hole in another companies budget b…