Viewing profile — zz865

Yeah its almost a new aristocracy where people have fun while everyone else works.

Yeah I meant 1989 to 2012. FTSE10 is flat from 1999 to 2021 as well.

> and take advantage of long term compounding. Yeah that is what I mean, what happens when the stock market drops 75% over 25 years? Not much compounding happening. https://finance…

Agreed it seems a paradox. Maybe it really is socialism kills entrepreneurial spirit. If you can be an artist or a 35hr/wk public servant and live well, why bother being an entrepr…

FIRE movement is largely a result of crazy high salaries and a booming stock market, it wont last forever.

> stock popped 10% stock is back to where it was a week ago, and is still lower than most of the year. These headlines are meaningless.

Does anyone know what tech this is built with? React?

I think one issue is places like Vail, PC, Tahoe are already spread out. Going there on vacation doesn't feel special at all, just feels like you're in some generic suburb. Places …

I quite like the rules in the Tirol - you can only own property if you live there. No second homes, no big hotels, no renting out houses. Just small owner operated hotels and local…

If you have the opportunity to work in the US definitely do it. Its a great change from Europe, esp if you like business & tech. Once you're here Europe really feels like its headi…

Until it disappears. I tried to look at my job contract from 5.5 years ago and it no longer exists.

6% historically has been easy. Going forward it wont be as easy, think 3-4% is more likely. Plus sounds like you dont have kids, they are very expensive in both money and time. Hav…

Perhaps I did suggest principal level isn't worth it. Most of my friends have taken the first 10-20 years off the resume - or have dramatically shrunk it.

Yes I've been doing this for 30 years. I also know all the interviews I've done lately nobody has cared about what I did 20 years ago.

I think low expectations is the best outlook. After 35 you're less desirable, sure you have experience but its not with the things employers are looking for. Eg right now the hot s…

No its not new. The Bayonne Bridge was raised just to allow the new bigger boats from China to get to Newark docks. https://skyrisecities.com/news/2020/03/time-lapse-condenses-... …

There are boats coming from both sides, Suez and Panama. Each boat comes via the Suez or Panama.

Well I live near Newark and currently there are a bunch of boats there that came from Asia in a month, via Suez & Panama. Its much more efficient than trucking across the whole cou…

True the East coast buys too much crap too, but doesn't have the same population growth and the ports aren't backed up like CA is.

The real problem is too many people in Western USA buying too much stuff they dont need.

Wow I hadn't seen deno before, looks great. I dont like js/ts, but if you have to learn it for front end dev, it makes sense to use it at the back too. I'm not sure what advantage …

I gave up on Turkeys a long time ago after realizing no one really liked it. The Whole Foods organic chicken yesterday was so perfect I'm still thinking about it.

This is a good summary. https://twitter.com/jburnmurdoch/status/1463956686075580421

The article didn't talk about how S Korea was dirt poor two generations ago. All the other countries have been wealthy for centuries.

I think Californians know about expensive houses but most of the USA is pretty cheap. Places like Europe/Canada/Australia didn't go down in price in the 2008 crash like the US did …