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The same can be true of dollar bills. A bag full of dollar bills from a drug deal is fungible with a bag full of dollars from your salary. But you can be arrested for the former, a…

re: surprisingly they don't say infinity I'm not sure it's that surprising, the expectation is only infinity if you think the person making the payout has the capacity to pay an in…

I think the UK government realised its mistake, and is trying to unwind it as safely as possible. "From 3 December to 9 December, which will be known as the ‘student travel window’…

The poster is using an interview technique of creating an imaginary scenario, e.g. "deal with a work colleague who is advocating a sub-optimal position". This seems entirely reason…

Traders typically provide two prices - the price they will buy at and the price they will sell at. Their profit comes from the spread between. A good trader does not care if the ma…

You might then be interested to know that the Federal Reserve bank has its own dedicated police force/ https://en.m.wikipedia.org/wiki/Federal_Reserve_Police

I'm sure technically you are right on the written wording of the law, but you can be technically right on many subjects and make the wrong business calls. Avoiding a vanishingly sm…

Many regulated industries need to store data for multiple years, often in a secure format e.g. WORM storage

That's a great and informative answer, only minor comment that I think OP said the project was 2 years but the database portion was 1 month of that 2 years. Still I agree better no…

A good option can be to use your own data center for base load, and on top of that use AWS for traffic spikes. That way you still have the flexibility to adapt quickly but at a low…

Here you describe a good reason why people need USD - indeed another currency or asset class cannot be used to pay US taxes. But its not clear to me why this means valuing currenci…

I agree with you where you say that currencies are worth only what peoples' expectations of its future valuation will be, but that is basically a mechanism for valuing anything - n…

The "Computer Fraud and Abuse Act" applies to the US. What if the hacker lives somewhere else? Then that law does not apply to him, and the action was not illegal.

I have been to the NY Federal Reserve Building and seen much of the gold - from the outside of the open door of the vault. This is the highlight of the public tour of the FRB in lo…

OK so in specific case of apple story is complicated by the onshore/offshore tax situation, but it could well be that they have more cash than they know what to do with - in which …

Sure - if a stock is undervalued, then anyone buying it should get a good deal. But that's bit different from saying that a stock buyback will always increase share price.

On the point about taxation, if you have a choice between dividends or share appreciation, I agree with you that share value appreciation gives more flexibility to better manage ta…

I think it's much more subtle point than buy-backs increase share price, otherwise it opens up some basic arbitrages. The point is, the share price already incorporates the value o…

Yeah but if you transfer an asset (cash) out of the company, all other things being equal, the value of the shares must go down. This McKinsey article is old but explores the topic…

Here you are confusing the secondary market for shares (an existing shareholder selling to someone else) with the primary market (new issuance of shares). The primary market for sh…

Personally I don't understand why a buy-back should increase stock price. Sure, there are fewer shares - but the value of the company has gone down (it has less free cash, i.e. few…

This article by Ben Horowitz seems relevant - he mentions his history of managing teams by metrics. I like this quote: "Management purely by numbers is sort of like painting by num…

> Revenue is absolute. Money either came in or it didn't. Sadly nothing is that absolute. Plenty of revenue scandals out there. A typical example of this: a large supermarket hasn'…

Anyone who wants more revenue can get it. Just sell something at a loss. It happens more often than you think! That's why - in the long run - profits matters more than revenue. Of …

my point is that even running the code doesn't help you answer the question. It runs for a year and doesn't halt... so will it ever halt?