Viewing profile — bjacokes

I've read about this strategy and am giving it a shot this year. If I understand it correctly, the reasoning is that until the late summer, the underground root system is putting i…

This is a bit like saying earnings going up isn't good for stockholders, because they would have been charged a higher price to buy the stock if people had known the earnings were …

It's just like any hiring process: get referrals from people you trust, look at prior work (previous purchases/sales in this case), learn the right questions to ask when interviewi…

Sarah & Duck and Bluey are my favorite kids shows, but they're very different. S&D is more quiet and contemplative, whereas Bluey tends to be more playful and energetic. My daughte…

> It sounds like a lot of it just went to unprofitable SaaS companies U.S. GDP is north of $25 trillion and has grown 75% since 2009. Annual VC investments appear to be in the $200…

There are plenty of never-profitable businesses that have gone bankrupt in the past. See e.g. pets.com from the dot com bust. And this downturn has seen "functioning" businesses li…

Protecting bike lanes is a hugely impactful problem that is also far more expensive to solve. That doesn't mean we should be dismissive of a solution to a less impactful (but still…

Any examples come to mind? This is true of most Internet communities but I've actually found that one to have more informed opinions than usual.

I go to https://www.reddit.com/r/bikewrench for bike maintenance Q&A. The responders there are often extremely knowledgeable, although it doesn't have the article structure of Shel…

Adjusting water chemistry is extremely prevalent in brewing. For example, if you've ever had a hazy IPA, part of the softer bitterness comes from high levels of chloride in the wat…

They're worth $80m today, and then maybe $82m next year, $84m the year after, and so on until they're worth $100m at maturity. (Obviously these numbers depend on current and future…

You're saying that if a bank paid $100m for low-yielding bonds in 2021 which are now worth $80m, those bonds should be valued at $100m on the bank's balance sheet. What if a differ…

In 2008 the Fed was decreasing interest rates, which helped support asset prices. Banks held a lot of bad loans which were worth much less than their balance sheets showed. Both of…

Well this is one of the wilder comment threads I've been a part of. Good luck with your investing.

You keep referring to this 40% number and calling it a "significant discount", when in actuality it's only a 7-8% decrease in asset value that would be needed to wipe out sharehold…

You're mistaking assets and equity. A 40% discount in asset value absolutely would wipe out shareholders. To be a bit blunt, given your thesis here I would advise against trading i…

See: non-response bias [1] Parent comment should've said "could" instead of "will most likely", but their point is correct. [1] https://en.wikipedia.org/wiki/Participation_bias

Great question, although I'm not sure there's a concrete answer to it other than "it depends". You can think of that metric as representing the number of logs that haven't been gar…

The Accidental Integration Test on Purpose. Larry David would be proud.

From what I can tell, they provisioned their DB instance(s) in a single AZ, but weren't aware that Aurora automatically provisions its own storage and always uses multiple AZs. We …

This seems plausible given our understanding of the database internals. In general we found our AWS contacts to be knowledgeable and forthcoming about complex tradeoffs between Aur…

For Aurora MySQL, the default for read-only replicas is repeatable read. As we mentioned towards the end of the post, read committed support appears to have been introduced to Auro…