Earlier quoted context omitted.
This. The same thing is happening with Tesla stock. Since it's such a bit part of the S&P500, so half of retail investors buy it in their basket of portfolios and 401ks at trades at 10x it's worth on paper by looking at fundamentals.
haven’t had my coffee yet but I assume you meant “big” rather than “bit”
23andMe files for bankruptcy to sell itself
331–340 of 426 posts
Re: 23andMe files for bankruptcy to sell itself
#332Earlier quoted context omitted.
This. The same thing is happening with Tesla stock. Since it's such a bit part of the S&P500, so half of retail investors buy it in their basket of portfolios and 401ks at trades at 10x it's worth on paper by looking at fundamentals.
That reasoning would lead to concluding all the businesses in SP500 are traded at 10x their worth on paper. Or at least all the ones with market caps greater than Tesla. Edit, since I hit posting limit. To pooper: > Since it's such a big part of the S&P500 The conclusion is based on that premise, so any other business that satisfies that premise should also lead to the same conclusion. To llm: > I think their point i…
Some stocks are overpriced, and others are undervalued. The inclusion in the S&P500 alone is just 1 of the factors.
In my opinion, Apple and NVIDIA are significantly undervalued based on their fundamentals, even though they make up a gigantic % of the SPX.
Re: 23andMe files for bankruptcy to sell itself
#333Earlier quoted context omitted.
For every customer that legitimately wants their data deleted there's a hundred that complain their data is gone after confirming deletion. The same customers that mark your transactional email as spam then complain about not being able to get into their account. Exaggerating here, but I do think soft deletion practices can be partially blamed on real business problems. I'm not sure why anyone would think that using…
> The same customers that mark your transactional email as spam then complain about not being able to get into their account. That's on you though - shouldn't have sent spam pretending to be transactional email.
I'm not talking about unsolicited email, but legitimate transactional email related to the account that only triggers off a user action.
Re: 23andMe files for bankruptcy to sell itself
#334Earlier quoted context omitted.
Why not educate the customer? "If you request deletion, do not expect your data back, because it truly will be deleted!". Sad state of world that this has to be said, however. Discord (and many other places) allow you to recover your account within a specific period of time, but they do not delete anything, you just simply lose access and your name gets changed (and avatar and status removed), but all your DMs are th…
People in general simply do not read warnings like that. It’s a form of autopilot that everyone utilizes to function/cope in an age where they’re being bombarded with too much information
Re: 23andMe files for bankruptcy to sell itself
#335Earlier quoted context omitted.
I'm a genetic engineer at a large pharma company. Genetic engineering of human model systems is my specialty. If I were a malicious actor, I could not do anything useful with the genome of any one person. Most peoples genomes are boring and at best sway the predisposition for disease by a modest degree. Exposing infidelity is honestly the best I can come up with.
> Exposing infidelity is honestly the best I can come up with. I'm concerned with being put on a list of ashkenazi, and sold to people who work for my death on that basis. https://www.wired.com/story/23andme-credential-stuffing-data...
Re: 23andMe files for bankruptcy to sell itself
#336Earlier quoted context omitted.
For every customer that legitimately wants their data deleted there's a hundred that complain their data is gone after confirming deletion. The same customers that mark your transactional email as spam then complain about not being able to get into their account. Exaggerating here, but I do think soft deletion practices can be partially blamed on real business problems. I'm not sure why anyone would think that using…
A few reasons: - you have legal obligations no matter what the customer wants, eg, Amazon and storing transactions for tax reasons - you do actively delete most of their data, eg profiles, but “deleted=true” on their central account record is needed to propagate the deletion to other systems, eg, customer analytics - you tombstone it for efficiency reasons and only periodically delete the records as part of your chec…
Re: 23andMe files for bankruptcy to sell itself
#337Earlier quoted context omitted.
There's not much resistance to someone wanting your DNA. It's so trivial to get that you'd basically need to become a hermit to try and prevent it. A hermit that shaves themselves and burns their trash, one that lives with gloves on dyrung every waking hour and disinfects their chair and bed daily. It's not really something the mass population can physically prevent from a determined actor. Like data, you need to reg…
This is a wrong mindset. Just because its technically possible to obtain DNA we should all give it up easily since its already a lost cause? Its one thing if you are specifically targeted for whatever reasons, then yes one is screwed. Another is to have all info and weaknesses automatically available to 'the man' or more 'the men', no need to make things too easy for them and jump ahead in queue.
Yes. I'm lazy, and at thaat level of compromised data: it is much easier to disincentivize theft than to worry about theft at every corner. You need to change your approach away from the immediate instincts.
>Another is to have all info and weaknesses automatically available to 'the man' or more 'the men'
They already have it. Fortuately, we made laws disincentivizing them using that stuff without big reprecussions.
Re: 23andMe files for bankruptcy to sell itself
#338Earlier quoted context omitted.
>It won't matter to them if the methods used are reliable. the method of being a fortune-teller? I don't see how that would ever be reliable unless we figure out voodoo kinds of tricks attacking the nervous system.
Phrenology thrived and was heavily celebrated only one century ago as well. In the case of PRS assessment where it's already an established discipline, and not at all as unreliable as fortune-telling, it wouldn't be so hard to weaponize it.
But there's a difference between forming a cult and trying to convince the minds en masse of something.
Re: 23andMe files for bankruptcy to sell itself
#339Earlier quoted context omitted.
> But, I figured if we enter a dystopian future, evil health care companies or governments could easily get my DNA if they want to and/or simply require that information to get care. Yes, because you gave it to them. Nihilism undermines any sort of resistance movement against evil.
There's not much resistance to someone wanting your DNA. It's so trivial to get that you'd basically need to become a hermit to try and prevent it. A hermit that shaves themselves and burns their trash, one that lives with gloves on dyrung every waking hour and disinfects their chair and bed daily. It's not really something the mass population can physically prevent from a determined actor. Like data, you need to reg…
Re: 23andMe files for bankruptcy to sell itself
#340Earlier quoted context omitted.
It's absurd to me how soft deletion took over the entire industry and 'DELETE FROM' became taboo.
For every customer that legitimately wants their data deleted there's a hundred that complain their data is gone after confirming deletion. The same customers that mark your transactional email as spam then complain about not being able to get into their account. Exaggerating here, but I do think soft deletion practices can be partially blamed on real business problems. I'm not sure why anyone would think that using…