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Comment Re:Fool me once, shame on you... (Score 1) 252

But you are correct, that was an awesome point.

I said it was a "good" point, not "awesome". That's your second factual error in this thread alone (the first one was about Uber).

So it appears you have to work on your reading skills as well as on your typing skills. Less uppercase and sarcasm, more fact checking. But don't give up - you've got some potential, with a bit of work you could get there. You're like an above-average tennis player, just before he started taking tennis lessons. Godspeed!
 

Comment Re:Fool me once, shame on you... (Score 1) 252

At first I almost made a serious reply to your post because you had good points. But the snarky tone and the uppercase words was just too annoying.

For the record, besides the way it was expressed, you made a good point when you said this:

But the question is NEVER what HAS happened, it is always what is going to happen in the future and roughly when. Most people fail HARD at this

Many large investment banks still rely on VAR indicators based on historical data; that's how they never understood their huge exposure during the subprime mortgage debacle. And many investors pick fund managers based on their past performance without analyzing their strategies. The past is always more convenient to look at.

Comment Re:Whatever (Score 1) 252

What you describe is not a market crash, it's just a bad trend. Or an unusually depressed bear market.

In a market crash, the broker who shorted your stock goes bust and/or the other party goes bust and/or the company whose stock you own/shorted goes bust and the stock is worthless or unavailable to you, and your only solution is to join a class action suit or wait in line at the bankruptcy court with thousands of other creditors to get pennies on the c-note.

Ask anyone who had investments with Bear Stearns.

Comment Re:I hope so (Score 1) 252

I don't believe you. Short positions are a bitch to get, on most self-directed accounts it's not even possible. You need a serious account with a fat margin and a good track record with a broker to get in that business. I don't even know you and I can tell that doing that on a lot of stocks is out of your reach.

Comment Re:Whatever (Score 1) 252

The stock market is not a video game. For a stock to be sold there must be a real buyer. And guess what happens when a market is crashing? Lots of sellers, and no buyers. That's how you can tell that the market is crashing.

So how does your foolproof plan works? You will somehow know just before the market crash so you can sell everything, then buy it back at a huge discount because the market is dead? That's pure genius, you should send your resume to JP Morgan right away.

Comment Re:Fool me once, shame on you... (Score 1, Informative) 252

If you invested in the "bubbling" Uber earlier and sold out now you would be anything other than poor or stupid. As long as you get out before the burst, you win.

Get out of what? Uber is not publicly traded. Unless you happen to run a VC operation from your basement (which would require millions) there is no way you could have made money with that company.

Most people fail HARD at this and should really just STFU because they have no idea what they are talking about.

Exactly.

Comment Re:Open Data = Big Data = MongoDB (Score 1) 65

9) Still thinking he's an "engineer", he applies for the C++ programming positions I have open at my company, without actually even listing C++ on his resume.
10) I have to waste a few precious seconds of my time throwing his shitty resume into the trash

If your time was precious, your company would hire a low-cost HR drone who could filter out resume with no C++ experience for a C++ programming position.

But already since you use C++ there's a case to be made that time is worth nothing in your company.

Comment Re:SaaS != Cloud computing (Score 1) 439

you are a lying troll

Of course. Anyone who disagree with your flawed logic is a troll. I'm not sure where the "lying" part came from, but the important thing is that you can walk away from this discussion wrapped in the comfortable fabric of self-righteousness, so if that can help, feel free to call me a liar, a nazi, a racist or anything else.

At the end of the day you are just another dinosaur trying to pretend that everything has been invented decades ago and as such there is no need to make an effort to understand "new" things. Now why don't you go grab something to drink in the icebox and watch a show on that disguised radio they call a tv.

Comment Re:Red Hat Network (Score 1) 755

The other day I found out that it's impossible to use yum on a Red Hat machine with an expired RHN subscription. It proved quite unpleasant to work my way around it, as wget was not installed.

Of course you should have a valid subscription, otherwise you won't get security updates. It happens every now and then that I run into people that run five year old RHEL installations which they have never updated because they either are too cheap to pay for it or have never heard about CentOS.

The point is not about how someone should use or not use RHN subscriptions, or whether they should have gone with CentOS if they didn't plan to renew a subscription. Your advice on those topics is not needed here and is probably not needed anywhere you typically provide it.

The issue is that when you install Red Hat, yum becomes dependent on the repos that are behind Red Hat's paywall. Of course you can reconfigure yum - provided that you have an easy way to do it (try without wget or make or even unzip).

systemd is something that could make the same lock-in approach work on daemons and who knows what else.

Comment SaaS != Cloud computing (Score 1) 439

It's people using "cloud" for just about anything that creates confusion. That cloud gaming you describe is closer to "gaming as a service" rather than it is to cloud computing.

A SaaS offering, like your gaming example, may or may not be based on cloud computing; but that distinction is not something the end user can see.

Cloud computing is pay-per-use and elastic, just like electricity. Cloud gaming is neither - you pay for a service, it's SaaS; maybe you can have in-game purchase, but from a resource perspective you don't pay more or less based on what you do, and you can't get things like burstable performance.

Time-sharing on a mainframe can be pay-per-use, it depends on the service provider, but it's not elastic, you can't get more resources on demand. And from an architecture perspective, it's not cloud computing because it's not distributed and resource allocation is not automated.

When you say that dumb terminals and mainframe computers in the 50s were cloud computing, not only are you wrong, you are also insulting the incredible work that took place at Amazon and other companies to make computing a convenient commodity. Next time you sit in your sofa to watch a movie on Netflix remember that this type of service at that price would have never been possible with a mainframe architecture. Your Netflix subscription is SaaS - but Netflix's infrastructure is running on Amazon EC2 and that's pure cloud computing.

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