Viewing profile — pjanoman

They're returning the equivalent of 3 million stock options. They gave themselves 11 million stock options between 2017-2020, which means they're still getting around $2 billion fo…

While I'm generally pro-HFT and market making, I'm seeing some comments that are equating market making and high frequency trading. They're not the same thing. As an HFT firm, you …

I'd argue that hiding behind "we let the market determine it" is much more uninspired and unproductive. Economic research now a days is constantly showing that markets are extremel…

Honestly I get lost inside of AWS. Only recently was I able to figure out why I was getting charged $.82/month which, in the long run, is really nothing. But it's amazing how hard …

I think apple watch was post jobs. Additionally, while this is more abstract, I think Apple has continued to revolutionize consumer's privacy.

Scarcity alone is definitely not enough to create value. The one piece of artwork I've made in my life is a scarce resource, but that doesn't mean I have people buying it up like i…

Public policy constantly requires leaps of faith to try to make the country better. You can't know that providing housing to the homeless helps them until you actually try it for t…

Maybe some people believe that, but overall that seems to be more of a straw-man argument if anything. I believe what is more common is the thought that we, as a country, can provi…

Seems like you can also get housing in Japan for $14/day which is much less than you can in LA, to my knowledge. https://en.wikipedia.org/wiki/Homelessness_in_Japan#Internet...

1) Many times, yes. If we want to analyze things logically, oftentimes people just need a safe place to stay so that things are stolen from them/they can avoid drugs/they can tell …

> There would almost surely be a censoring effect no matter what age cutoff you pick This seems to be an ethical argument to make the age cutoff 0: in other words, medicare for all…

What does youtube do that is monopolistic? Just because all users congregate onto one site doesn't mean that Youtube needs to be broken apart.

Here's the distinction though: $400 out of the $900 million was returned. Thus, it seems like we can't get past your part A) in this case, as hedge funds had enough reason to think…

Users are completely free to not use an Apple product. They have lost no freedom of their own will. Users choose this ecosystem over many other options.

Would you have preferred that they wrote down everyone's birthday, or not have wished you their birthday? I don't see how this applies to the LinkedIn situation.

Maybe people close to Bitcoin know it won't be a usable currency, but unless you closely follow bitcoin, it sure seems like it is built to be a usable currency. Even the name impli…

This seems to be a little bit different than other financial crashes where the "little guys" lost out -- in previous situations, most went in trusting that they wouldn't be gamblin…

Would it not be somewhere in the middle though? Instead of completely saying yes or no, maybe Canada would say "We'll allow you to purchase X% of all drugs produced in the country,…

Silence is a strong word -- I'm certainly still able to hear news from Donald Trump, even if he was banned from Twitter.

I'm not extremely well-versed in this issue, but it seems like investing in Airbnb is completely different than investing in real estate itself. I feel like the comparison is simil…

At the end of the 2016 election, Donald Trump had a predicted 1/4 chance of winning the presidency. Does this seem like a massive debacle that Trump won under these conditions? Not…

And for anyone that wanted how large a zeptosecond is; it's 10^-21.

How do you fund this? I got semi-far with some friends on building a project similar to this, however, we stopped halfway through because we realized that video hosting quickly bec…

If a friend/coworker shares something that they're sad/angry about, sometimes they're not asking for advice. Sometimes they just want someone to relate to them and their struggles.…