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Comment Cost of upgrades vs biting the bullet (Score 1) 145

"Henry Harteveldt, founder of the travel consultancy Atmosphere Research Group, said some airlines are choosing to risk outages that might cost them $20 million to $40 million rather than invest, for example, $100 million on technology upgrades. He believes investors and the general public will apply increasing pressure on airlines to avoid outages at any cost."

How much did this cost Delta? Both directly and indirectly.

How much will preventing this single point of failure cost?

Comment Re:Sad. (Score 2) 132

"but they had failed to take into account a number of factors (the most notable being the change in performance characteristics when exposed to cold temperatures), leading to the last-minute warnings as they realized the potential for disaster."

Bzzt wrong. The managers took the cold temps into account, and ignored the pleas of their engineers to delay the launch because previous damage sustained from temps that were not even as extreme on that day.

There is risk, and then there is stupidity/negligent manslaughter. Thiokol management should have been put in prison and ruined.

Comment Re:Before a human walks on Mars... (Score 1) 285

"In the event an asteroid stirkes the earth (highly unlikely) "

It's not only likely, it's a certainty, especially on a geological timescale.

The comet that passed us this past Halloween was only discovered weeks before. It was several times larger than the one that caused the Tunguska event, which is considered the largest impact in history. Let that one sink in.

For some more sobering check out the following, watch the following.

Joe Rogan Podcast with Randall Carlson and Graham Hancock on asteroid impacts and mass extinctions

Of course there's always supervolcanoes and such to worry about like Yellowstone.

Comment Market Cap to GDP: The Buffett Valuation Indicator (Score 3, Interesting) 335

"it is probably the best single measure of where valuations stand at any given moment." - Warren Buffett


Both Buffett Indicator And Shiller P/E Continue To Imply Long Term Negative Market Returns; 2015 Market Valuation

Yes, the market is looking a bit frothy. Locally here in NYC, assets such as real estate are looking pretty high...

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It is masked but always present. I don't know who built to it. It came before the first kernel.