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Comment Hedge fail (Score 1) 4

A hedge fund is named such because they (traditionally) hedge against risk. Thus, whether the stock goes up or down, the hedge fund can make money (and lose money if it stays flat).

This fund clearly failed on the hedging. No point in using a hedge fund at that point, might as well have just bought the stock (or options if you're crazy).

Comment Re:They are asking the wrong question.... (Score 1) 35

It's impossible to keep up these spending levels in the long term, and I am yet to see AI profits outpacing the spending.

The expensive part is the training, once the NNs are trained, they are significantly cheaper to run (and there are a lot of optimizations you can do to make them a LOT more efficient).

Comment Re:This is good for people with EV's already (Score 1) 82

> Tacking them on where?

Annual or registration fees. An extra $150-$200 per period in many states, with some of them charging more based on weight.

For example, New Jersey charges an additional $1080 to register a battery electric vehicle, which is four years worth of the $270/yr fee they will start charging you on year five and beyond.

> I've been thinking about swapping a worn out ICE in a classic car with a Tesla crate motor.

Tesla doesn't do crate motors, and Tesla drivetrains are traverse axles which are not drop-in replacements for classic cars. What you may be thinking of is some third party solution?
=Smidge=

Comment Re:Sanctions working as expected (Score 1) 28

I'm not sure they do work, though.

There are two ways sanctions work:

1: They are a negative economic factor. Over the long term, growth will be slower, meaning their army will grow relatively weaker and weaker. Biden tried to use this method of sanctions. The obvious example is North Korea.

2: An outright blockade. This can severely damage the economy, which is what happened in Gaza and Trump is trying to do in Iran (with apparent success, although it's hard to untangle the various factors there).

All they seem to do is cement an unfriendly regime's power and make us out to be enemies in the eyes of their people.

When the dictator controls the press, there is no way to avoid that.

Comment Re: So it's purely symbolic? (Score 1) 88

tibet? that's about the only war in the last century where china proactively sought military action

China has attacked most of its neighbors, but can you possibly justify their ongoing military incursion into Bhutan? Do you think it was to protect national security?

you don't know fuck all about "chinese worldview". i probably don't either,

You have a very strong emotional opinion for an admitted ignoramus. If you calm down, I'll be happy to discuss this point with you rationally, otherwise I'll just leave you stewing in your emotional ignorance.

because it is not in their interest, war is costly and china extends its influence through trade and agreements,

China sees taking Taiwan as in their interests, and indeed, controlling the entire first island chain to be in their interests.

Currently the US is involved in two different wars. The US weapon supply is depleted, but it will be rebuilt, stronger than before. If China does not move militarily now, then they will not have another window of opportunity like this one for a long, long time.

Comment Re: So it's purely symbolic? (Score 1) 88

i doubt china will enter any war whatsoever if they can avoid it.

Why would you doubt it? China has never been reticent to enter war in any way, and certainly has been provoking for the last couple decades.

china actually wants worldwide stability (ergo peace)

In the Chinese worldview, peace can only come though the sword of the emperor.

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