Forgot your password?
typodupeerror

Comment Re:Like A Crypto Billionaire (Score 1) 263

Rich people don't liquidate assets when they want to buy something.

They get a loan against their assets. At extremely good rates. And no, they never pay them back. The strategy is called "buy, borrow, die".

First, you need to understand that if the stock price goes up more than their (low) interest rate, they're still making money.

Second, the whole thing is rolled up only when the ultra-rich person dies. The assets are revalued to their current market price at the time of death, wiping out decades of built-in capital gains tax liability. The estate can then sell a portion of the tax-free assets to pay off the outstanding loans.

tl;dr: They don't liquidate assets, if they did they'd have to pay taxes.

Comment Re:He hacked capitalism (Score 1) 263

The whole point of stock markets and such is that you have hard core rational investors ensuring valuations are accurate.

In theory. In reality, that has always been bullshit. The various bubbles, crashes and other events prove that. Valuations on the stock market are based on expectations, and expectations always include an element that is not rational.

The result is the two most overvalued companies in history (Tesla and SpaceX).

True, though both of these companies do have an actual business and actual assets. There's plenty of companies on the stock market whose entire business can just pack up and leave tomorrow. Many of those are extremely highly valued. All the middle-men companies (ride sharing, food delivery, etc.) all work on the principle of outsourcing EVERYTHING. They hold no actual assets and their entire business model can be copied in a lazy weekend. Each and every one of them survives due to brand recognition, habit and by being just a little bit better in some way than alternatives. All of which can disappear in a week.

Tesla and SpaceX are overvalued. But they have factories and a workforce and produce things.Their value is not entirely made up.

Comment Re:Headlines (Score 1) 146

Giving women equal rights leads to this.

Only if you treat them like shit.

They should have equal rights, but let's not pretend that there wasn't any side affects.

Effects.

Nothing happens in a vacuum.

Treating women like shit makes them not want to pump out babies. Now they have a choice, so they are doing a lot less of it. Literally all it would take to get a large portion (a majority IMO) of them to do it without support from a decent partner would be to gracefully and quietly fund the programs that ensure they will be able to feed and provide medical care for their children even if their circumstances change, but there seems to be a problem even meeting that bar.

Comment Re: Compatibility catch 22 (Score 1) 79

Like any standard, it doesn't have to be fully supported, just "good enough" will do.

Except it doesn't. It's shit all day. It makes people upset all day. This means it's costing productivity all day. See, in the real world with real humans, these user pain points have real impacts on those real people.

HTH, HAND!

Comment Re:All your gaming data belongs to us (Score 1) 37

Remember... your cell phone wasn't made in America, so despite assurances that it can't spy on you or whatever, who really knows what code or abilities might be baked into the main CPU.

Same for if it is made in America. If it's not FOSS, then it's not trustworthy, and even then it's limited to e.g. devices you can build your own firmware for.

Comment Re: Global UBI? (Score 1) 29

Everyone born today is in debt for hundreds of thousands of dollars because the people before them would t balance a budget and the government decided to print print print. They either work and pay that money off or they die in complete poverty. Thatâ(TM)s slavery. Itâ(TM)s debtors prison minus the walls holding them in. We are all cattle in this economy and they will either milk us or slaughter us at their whim. If you believe otherwise I feel sorry for you. Itâ(TM)s the economic version of the Matrix. Wake up

Comment Re:Iranian regime change (Score 1) 317

Personally I've been keeping track of Iran and Pahlavi for decades. Your cluelessness is your problem and your problem alone.

Actually, it is not "my problem" as I do not care.
Secondly, I was obviously right: you tracked him for decades. So, not surprising that you know things about him, which I don't know.

Here: he is not really a news issue. Which your links clearly show, only one is from Europe, none from France, none from Germany.

If you saw such news with gunfire and shouts, then it is so.
I did not see such news. Sorry, for not being a news addict about stuff I can not change or intervene.

I actually do not watch TV, and most news I get: I read. So, perhaps I simply did not stumble over him, or forgot his name again.

"Pahlavi nostalgia is further reflected in the survey's findings that 79.9 percent of Iranians overwhelmingly favor Crown Prince Reza Pahlavi over the current political leaders."
Good to know. I did not guess that, as the few Iranians I spoke about that: disagree. They literally told me: "no one wants him to come back", so they were wrong. Good to know :D

Comment Re:Middle eastern muslims are semites too (Score 1) 27

You Americans with that silly geographic definition of "middle east", lol.
Anyway. You are right, plenty of "folks" down there are Semitic.

However someone coined the term "anti Semite" some time ago.

There are basically two kinds of Muslim immigrants in Germany: Turkish people who mostly came shortly after WWII, which are now in 3rd or 4th Generation. And war refugees, mostly from Syria, some from Africa, or Bosnia or other ex Yugoslavia regions. Of course we have "normal immigrants" from north Africa (which are in general not Semites, btw).

The "worst Muslims" are German convertites, or German born "insert ethnic group" who converted to Islam.

We do not really have groups that are particular "anti Jews" ... if one would be exposed as that, he would be more or less instantly deported.

Regarding Semites, even Saudi Arabia and surrounding areas are mostly inhabited by Semites.

Comment Re:Sure. . . (Score 1) 55

There is an "alt + windows key + SOMETHING" key which does that.
Happened to my GF once, was kind of impossible to google for the problem on her computer, lol.

Funny is, one would assume, that the track pad would kind of change orientation, too ... but it does not. So fooling around on her computer was an acrobatic trick, until I found the key sequence.

Comment Re:Touchscreen Macbooks vs iPads w/ keyboards (Score 1) 55

Most games that run on Macs do not run on iPads.

Same for any main stream IDE.

Heck, historically an iPad did not even have an accessible file system. No idea how it is now.

either as an iPad (installing iPadOS) or a Mac (macOS)?
That is actually what I always wanted. A tablet computer running macOS. But, considering how many interesting Apps popped up on iOS ... I want those, too, lol!

Comment Re:Terrain following navigation tech predates GPS (Score 1) 37

The first cruise missiles where terrain following, other means where only used to get a rough idea to where to fly.

Same for the Tornado fighter jet flying super low. Of course it had a bonus, as it was mostly used on friendly territory, and lots of terrain was in its "database."

Slashdot Top Deals

The easiest way to figure the cost of living is to take your income and add ten percent.

Working...