Viewing profile — ithinkinstereo

Live below your means. Max out you're tax-advantaged retirement accounts. If you're young, invest a non-small portion into high-growth, "risk-on" assets, preferably in an industry …

Centralization issues come along with liquid staking solutions like Lido.

BSC is a Eth competitor by Binance. Gas costs in ETH have been at historical highs, making it uneconomical for players under 5-6 figures of capital to do basic transactions, let al…

I recall some East-Bay based startup a few years ago that basically tried this model. They allowed individuals to sell food / operate as a pop-up restaurant. IIRC, it got closed do…

It's getting harder and harder these days to get a good meal in the US for under $10 all-in w/ tax outside of rural super low COL areas. In any of the major urban areas in the stat…

Because it’s a ridiculous rant that stereotypes an entire country and people based on one anecdote. Plenty of entrepreneurs have been cheated / outplayed in the west in the same ex…

I wonder how much of this is offset by the increase in shipping volume due to the increase in ecommerce volume.

See: Hin Leong Trading for a current example.

What? No, Asians are definitely not more privileged than Whites (in western society). You're conflating socioeconomics with race. And how do Asians have less historical baggage? Ma…

https://en.wikipedia.org/wiki/Tulsa_race_massacre There were no convictions for any of the charges related to violence. There were decades of silence about the terror, violence, an…

It’s not “business as usual” in Sweden. Many are now questioning their approach.

Here's the direct link to the xlsx file: https://www.edd.ca.gov/Jobs_and_Training/warn/WARN_Report.xl... The data may not be too reflective of the current situation on the ground, …

I went to my local 7-11 a couple of weeks ago to get some cash at the ATM. Next to it was a garbage bin for throwing away your receipt. Out of curiosity, I went through about a doz…

> if the supply chain is indeed impacted Is there any question? 80% of the Chinese workforce has been sitting on the sidelines since mid-January. Production is just barely ramping …

Most of the risks to the economy posed by COVID19 are supply side. How is a rate cute going to help? It seems like the main consequence of this in the near term is an increase in i…

Yep, fuddy-duddy tech = safe tech.

webull and thinkorswim will probably be the two biggest beneficiaries today.

The details around his relationship with Les Wexner (billionaire owner of L Brands; Victoria's Secret, Bath and Body Works, etc.) are especially bizarre. Wexner gave Epstein power …

The squeeze aint over yet; 22% of its float is short [1]. We may see this pop into the 1000s by the end of the week. 1. https://www.gurufocus.com/term/ShortPercentageOfFloat/NAS:TS…

Well, if we are to nitpick.... apples and oranges are both round! Yes, there are certainly similarities between the USSR and China. But if we are to be objective and fact-oriented …

Maybe, maybe not. I think the contrast to past epidemics is stark and shows the government is willing to learn and improve. In any case, the comparison to Chernobyl and 80s USSR is…

That's true, but my point is that the "Emperor is far away" problems can be found in any type of governing model. Some may limit it, but even then, there are tradeoffs. One advanta…

The comparison to 80s/late-90s USSR is poor. I think this epidemic is showing the opposite, at least in terms of technical competence. The response from the central authorities has…

There's a Chinese saying that's apt here; "山高皇帝远" which literally translates into "mountains are high, the emperor is far away." However, I disagree that this is solely unique to C…

Here’s a NSFW video from twitter of the plane’s supposed last moments: Footage of Ukrainian flight going down: https://mobile.twitter.com/mehrdadt1987/status/1214756444421... From …