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If you want to understand Silicon Valley, watch Silicon Valley

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Re: If you want to understand Silicon Valley, watch Silicon Valley

#181

Earlier quoted context omitted.

He doesn't get enough credit. The fact that King of the Hill and Silicon Valley come from the same person is astounding and suggests a comic breadth that is hard to grasp.

Not to mention Idiocracy, which is pretty much coming true even as we speak.

https://xkcd.com/603/

Re: If you want to understand Silicon Valley, watch Silicon Valley

#182

Earlier quoted context omitted.

having money (as you note, the family wealth came from kris jenner's husband) makes it easier to make more money, with no implications about the intelligence of the wealth holder. take trump for example. nytimes detailed about $600+ million in wealth transfer to him from his dad. while we don't have tax returns or financial statements to confirm this, he's probably worth about a billion dollars now. that rate of retu…

A index fund doesn't follow the index. There is a broker fee, stock transaction fees for the broker to keep the fund balanced and stock falling out of the index (because of the company eg. halfway to bankruptcy) is a loss for the fund but in the index the next biggest stock just takes it's place. To keep up with the index is probably really hard.

it's not that hard (and there is no "the index", just various approximations of a market portfolio). vanguard is well known for low-fee, no-frills index investing (among other things). invest in one of their funds and you'll likely net over 5% over the long run.

Re: If you want to understand Silicon Valley, watch Silicon Valley

#183
In 1999 we were working a very long shift waiting for the batch process on the AS/400 to go through and our FTP "edi" trNsfers to Sun to complete (an ftp script written for us by these four hacks, who founded linuxcare after this episode) (sifry, dibona, etc)

We decided to go grab a beer and play pool while we waited for this new thing to execute based on this new language sun was having us convert everything to, XML...

While at the pool place these girls in lingerie were walking about selling raffle tickets.

We asked what they were for.

"We are putting ourselves through school and we are selling raffle tickets for the lingerie we are wearing, for $5 a ticket."

"I see, where are you ladies going to school"

"Oh, we go to silicone valley college..."

----

I wish this was a scene in Silicon Valley... it was ridiculously funny.

Re: If you want to understand Silicon Valley, watch Silicon Valley

#184
post #180

Earlier quoted context omitted.

having money (as you note, the family wealth came from kris jenner's husband) makes it easier to make more money, with no implications about the intelligence of the wealth holder. take trump for example. nytimes detailed about $600+ million in wealth transfer to him from his dad. while we don't have tax returns or financial statements to confirm this, he's probably worth about a billion dollars now. that rate of retu…

Quick search doesn't find an article making that claim, care to cite it?

here you go: https://www.nytimes.com/interactive/2018/10/02/us/politics/d...

and sorry, i misremembered the numbers. he got over $400 million (at least) from dad, and that would be worth about $2 billion if simply invested in an index fund (according to the article).

Re: If you want to understand Silicon Valley, watch Silicon Valley

#186
post #23
post #10

Earlier quoted context omitted.

> Big Bang Theory Oh how I loathed that show, especially at height of its popularity. I got so tired of smiling and nodding (or rolling my eyes, depending on who it was) as non-technical people at work and even my mother-in-law made it clear they thought of me when they watched that show (simply because I was the "smart engineer", so obviously a huge nerd with no social ability). None of these people were my age thou…

did the authors of that show ever apologize?

Chuck Lorre? He’s utterly apologetic... all the way to the bank.

Re: If you want to understand Silicon Valley, watch Silicon Valley

#187
post #180

Earlier quoted context omitted.

Quick search doesn't find an article making that claim, care to cite it?

here you go: https://www.nytimes.com/interactive/2018/10/02/us/politics/d... and sorry, i misremembered the numbers. he got over $400 million (at least) from dad, and that would be worth about $2 billion if simply invested in an index fund (according to the article).

The $400M number is inflation adjusted already, the actual numbers are lower.

https://www.bloomberg.com/opinion/articles/2015-09-03/should... is a good critique of these kinds of calculations in general - they usually assume perfect market timing

Re: If you want to understand Silicon Valley, watch Silicon Valley

#188

Earlier quoted context omitted.

This Venn diagram always gets me. https://i.chzbgr.com/full/8291744000/h3159FC59/

This chart holds only in the sense that the Kardashians play dumb caricatures of themselves. They may cater their brand to the lowest common denominator but they most certainly aren’t dumb themselves. They essentially parlayed Robert Kardashian’s friendship with OJ Simpson into a media empire; there is something to be said for how media savvy they are.

I met someone who worked for the kardashians on the show and said they are king, generous and respectful to the staff working their brand. Said that they know full well they are managing a brand and that they are parlaying that as they know it shall run out soon.

They said that the mom is the eagle-eye over the brand and pushing it to ensure max profit for them.

While i wanted to respect that, and i respect the hustle, it just shows that you can go too far with brand exploitation.

The daughter had the brand advanced through high profile sexual scandals (sex tape, personal relations etc)

The fucking dad had a transitional sex change to keep the limelight ( Nobody cares if he "wanted to be a woman his whole life" - thats his business. Not mine and not worthy of attempting to grab attention dollars.

IMO, the kardashian enterprise ilustrates only one thing:

The dicotomy of the education gap in this nation. Never mind a wealth gap. Education gap is why the US is doomed.

Re: If you want to understand Silicon Valley, watch Silicon Valley

#190
post #3

It's quite amazing how good a job Silicon Valley does considering how badly wrong it could go (I'm looking at you Big Bang Theory). I'm sure there are quite a few industries that could have similar comedies about them from people who really know what the industry is like. W1A is another great example.

This Venn diagram always gets me. https://i.chzbgr.com/full/8291744000/h3159FC59/

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