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Comment Re:Amusing (Score 1) 355

you seriously don't know why you wouldn't take inflation into account? really?

To declare market parity? No, please explain. Stock splits aren't accounted for either; I'm not arguing that the Dow is a good measure, just that people are using its value as evidence of parity.

Comment Re:Amusing (Score 2) 355


I realize that 16% growth kind of sucks over a 15 year period, but I'm finding it hard to walk away from the numbers thinking that Microsoft is "worth less than half of what it was when Ballmer started"

Well, to be really honest, every commodity has at least doubled since 1999, so if you're measuring in USD, then, yeah, MS is worth less than half it was at that point.

But financial analysts always hand-wave away inflation (especially real inflation), calling a 2014 Dow-15000 the same thing as a 1999 Dow-15000 and declaring recovery.

Comment FISC (Score 1) 107

All judges are also appointed not by the Chief Justice, but by the President (and confirmed by the Senate). All the Chief Justice appoints are law clerks, staff, and having an influence on who is "admitted to the bar" and able to argue cases before the court.

Perhaps if FISC were a Constitutional court, it would be better. Oh, but a Constitutional secret court is an oxymoron, like 'limited government'.

Comment Re: Some are more equal than others. (Score 1) 140

mod parent up, as we all have suspected, when the big boys lose it, then it is now called 'errorneous trade' and the exchange cancels that.

So start a competing exchange without HFT, without do-overs for the banksters, without trading floor hours. I'm sure the SEC won't make it impossible!

Comment Re:Thanks Kovid! (Score 3, Informative) 193

if the author wanted to be rewarded for his work he should charge be charging a fee for the program. Simple as that.

It's only "simple as that" if one has knowledge of only one economic model and is unaware of the studies showing higher overall revenue via the model Kovid is using (effectively executed, of course).

Comment Re:Look at Burning Man (Score 1) 140

I'd upvote if i could. This is the correct answer.

Agreed.

Then use professional grade WiFi (e.g. bug ugly gray Cisco boxes with three thick antenna's) to cover the main event areas. Dont mess with consumer grade WiFi unless you are sure you only have 10 csuch aslients and no wifi noise.

Uh, I see those Cisco boxes fall down with only a few hundred users. A bunch of boxes running batman-adv on OpenWRT boxes is likely going to scale better, for less money (though of course not the craptacular default firmware). There are $$$$$ proprietary mesh solutions that do even better. Oops, I missed one additional $.

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