What's new
USCHO Fan Forum

This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

  • The USCHO Fan Forum has migrated to a new plaform, xenForo. Most of the function of the forum should work in familiar ways. Please note that you can switch between light and dark modes by clicking on the gear icon in the upper right of the main menu bar. We are hoping that this new platform will prove to be faster and more reliable. Please feel free to explore its features.

Business, Economics, and Taxes 2: That's Why We Fight to Take the Means Back

Yeah, this has been a story for the last 18 months now. Company lays off half their senior devs/engineers and tells everyone else to use AI as a "force multiplier". AI flops because juniors are pumping AI crap into the codebase without considering the consequences of the design, so the company is forced to re-hire the seniors they fired for more money than they were paid before.
I love this. This is my favorite thing in the World today.
 
My mother wanted a movie that's available to "purchase" for streaming on Amazon. Trying to explain the concept of "you'll own nothing and like it" to someone born during WW2 is certainly an experience.
 
xxodjCx.jpeg
 
Somebody with more brains than I (meaning: everyone): is this the way to thwart the junk IPOs?


1. Base basket portfolio on the full index
2. Exclude only SpaceX
3. Rinse repeat with any other garbage IPO (Anthropic, OpenAI)
 
Somebody with more brains than I (meaning: everyone): is this the way to thwart the junk IPOs?


1. Base basket portfolio on the full index
2. Exclude only SpaceX
3. Rinse repeat with any other garbage IPO (Databricks, Anthropic, Stripe, OpenAI...)
Unless done in a tax advantaged account, it can add a relative extreme amount of tax complexity. May squeak out a bit more returns but the tradeoff has never been worth it IMO. Good way for an unnecessary financial advisor to find a reason to continue needing a fee.

Bogleheads in general are not too worried about it as a whole and they are often the most conservative (in the traditional, non NAZI form of the word) financial advise on the internet.

 
Somebody with more brains than I (meaning: everyone): is this the way to thwart the junk IPOs?


1. Base basket portfolio on the full index
2. Exclude only SpaceX
3. Rinse repeat with any other garbage IPO (Anthropic, OpenAI)
I think one can also make sure your indexes don’t include nasdac. Thats where he is using index’s as a weapon.

Actually, if people dumped their indexes now, they could totally screw them all for buying into this crap.
 
713144763_1538481530983019_1371148485337432192_n.jpg


Thank goodness the banks and credit card companies are going to be OK. I was so concerned about them. Reassuring to know the executives are going to able to afford a new wing on their mansion while their customers downsize from an apartment to a Yugo.
 
They will be fine. They can expect a taxpayer-funded bailout if one is needed.

I wasn't kidding about $6 gas. Please, bring it on. It cost $49 to fill my wife's 2012 Chevy Sonic this past weekend and it only needed about 10 gallons. The F-150 bros with 25+ gallon tanks can't all be blissfully ignoring three figures at the pump.
 
Back
Top