Viewing profile — maximus_01

Let’s not forget that Anthropic only paid that to settle a class action lawsuit.

Yep and more like 25%+ of profits (given the google revenue, and most ad revenue, is close to 100% margin).

This is true but airpods is a bad example. They are a runaway success. Estimates are they did around $25bn of revenue in the last year. For context the highest annual revenue Bose …

Good investment decision and obviously the street was very wrong, but the reason the multiple was low was because of concerns earnings were at risk from a) their issues in China (w…

Not that small. High income and roughly the same population as California, which isn't too small for companies to bother selling into. Ozempic did about US$2bn of revenue in 2024 i…

Private companies do things to maximize profits. They might lose money on some stuff to make more on other things, and there might be some gunk in the system but they are almost al…

Except it isn't at all. The properties to buy all have a fixed price, costs of houses/hotels are fixed, rents are fixed and can't be adjusted, and most importantly, a) you can only…

No, that is not the free market at work at all. I agree it happens however. We simply don't live in a 100% free market world.

I'm not here to debate whether free markets are good or bad, but governments have a privileged position versus private companies, and effectively operate above the law (again at le…

I'm not really disagreeing with you as it's not like there is a 100% true definition of a free market, different people can have different conceptions, but the original Adam Smith …

Yep. But Apple are appealing that decision.

There is a limit to this sort of logic though. Don't get me wrong, I'm generally pro free markets. But: A) Apple's policies make some products completely unviable (anything with a …

You are really trying to say that for a startup trying to build software, say a productivity app or whatever, they should consider launching their own hardware device? They are ver…

Power to you, but you probably miss out on masterpieces in the other direction though. The ones you would be more likely to watch if you spent more time watching those 'conventiona…

It does seem so. To be fair I live in Australia which does seem to have much stricter labelling requirements than the US.

Ok then. I wish you well in your quest.

I don't know how I can be more clear about this. It was a thought experiment. Take the very best piece of writing from [BOOK/ARTICLE/TEXTBOOK/JOURNAL] you could ever imagine. Would…

I must admit I didn't know that. Do you think that is widely known amongst people who eat them? But yes, either way, I find that disturbing.

I get all that. Still doesn't mean there isn't some things worth paying for that are created in real time and aren't out of copyright. Something like Stratechery, as an example mos…

I think that example wasn't the best as it's probably so obvious it isn't salmon it wouldn't fool anyone. But would you be comfortable if someone sold Hoki or Puffer Fish as Salmon…

Sure but that's what happens when you cut distribution costs to zero (i.e. the internet). It's pretty indisputable that most content online is garbage. But there is also a lot of s…

If you invert it, though, money is really compensation for time (directly or indirectly). Most of the things you pay money for are compensating someone for time spent (whether that…

How much do you value your time? A lot of people think like this and I'm not judging you or saying this applies to you. But I find it kind of odd when people I know who earn hundre…

I agree with this. I think potentially someone may have suggested the federal court sit on the decision until the 10% tariff was confirmed a couple of weeks ago. Mostly because the…

100%. But gradually being solved as source links are being provided. If the source link is as good as what you’d find on Google anyway then you have a way better search experience …