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It would cost an extreme amount. The only reason to do something like that would be to defer capital gains into retirement while protecting your position. You can use a collar for …

I mean homeownership (with the intent to occupy the home yourself) causes this misallocation by itself. The proper policy remedy would be to prohibit people from owning their own h…

It is worth about what it's worth, and that's not zero, but the difference between the median realized value and the mean realized value (upon which the price is set) is much highe…

You can use the rerere-train script in the git repo to populate rerere from existing merges. I use this when something in a merge has regressed a big feature branch and I need to b…

This is only sorta true, the total dilution from SBC is very small for most tech companies with some outliers ( cough snap cough ). They may not purchase on exactly the vesting dat…

The annual price-appreciation of a home is usually lower than the risk-free rate (and thus the HELOC rate). If you "pay yourself" rent and use that to pay the HELOC down then it ca…

If you have public REITs active nearby you can do this comparison for real: if you buy ~1 unit's value in shares of that landlord you will probably own about 1/ of the company and …

It seems like public (REIT) landlords haven't really been making an above market return. Admittedly they have constraints that private landlords don't, but they also own a metric s…

You are also not a charity and need to pay _yourself_ profits on the home you own yourself. Otherwise you're no different from a landlord offering below-market rent.

Renting also has hedges embedded, and every hedge can be a risk position. In particular the interest rate options in foxed mortgages are pretty expensive and it only hedges the cos…

Many high cost-of-living places have this property. People bid up owner occupied home prices even when rents can't support them.

It's not true that paying off the mortgage makes it more advantageous to buy, home equity creates portfolio drag.

Eagh, the leverage really isn't that cheap, and you can think of renting as giving you cheap leverage too (it's just your borrowing the house instead of the money).

This article does not mention the opportunity cost of all the home equity you accumulate, which is frequently a big component of the overall cost of ownership.

The saying is "workers spend what they earn and capitalists earn what they spend". Capitalists don't need worker demand to support their own consumption; spending out of profits di…

If they've eliminated all the jobs then presumably the economy has the idle productive capacity required to either produce the goods demanded by ubi recipients or produce the (real…

The central sections of link were expensive because they're built through the center of the earth with really huge stations, some of this is to avoid impacting cars but much is jus…

I think sentinel-1 has a SAR instrument, it's very easy to see ships with that data

There is a fee implicit in the market spread. It's formed out of the time value of money w.r.t. the cost of NOT trading as well as the adverse selection faced by those with standin…

In that case you limit your upside as well as an insider, and have to deal with liquidity and slippage coming and going.

Polymarket "odds" I think are just the price of the contract * 100 right? That's not actually the predicted odds by the market because every single bet is also a bet on interest ra…

In theory this should limit the damage insiders can do, since as the probability of encountering an insider rises the market makers will need to widen the spread.

Uhhh what? If they take control of the server they have control over the box.

Cockpit tends to be less ad-hoc than others ime. Often it'll use dbus on the backend. It's also socket activated, which is nice.

It's because of the time value of money. Buying no is much like buying a bond. It doesn't mean there's a 16% chance. It's probably more attractive to gamblers when presented like t…