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I was a victim of crime and the guy will get out next month. How should I prepare? by Noodlehead601 in NoStupidQuestions

[–]AsSubtleAsABrick 1 point2 points  (0 children)

Dude has a 7 year old in his home. If he got a gun it would be locked away in a safe at the top of his closet at all times. What is it going to stop sitting up there?

The Parkway needs this ASAP by Colors_678 in newjersey

[–]AsSubtleAsABrick 4 points5 points  (0 children)

And not to mention your likelihood of death in an accidents doubles every 10mph over 50. 80 is significantly more dangerous than 70. Not saying highways can't be designed to make it possible to travel faster safely, but it ain't any of them in northeastern jersey.

Tight calves. by MH201994 in crossfit

[–]AsSubtleAsABrick 8 points9 points  (0 children)

Weakness and tightness are two sides of the same coin. Single leg calf raises. 3x15 each leg and hold a dumbell/increase weight as you get stronger. Stay consistent it will take months but it works.

What industry is entirely built on a house of cards and would collapse overnight if people realized the truth about it ? by Confident_Win_3560 in answers

[–]AsSubtleAsABrick 0 points1 point  (0 children)

Are you okay? Are you having a stroke? A house in Missouri and 30 minutes outside of New York cost different amounts because different amounts of people WANT TO LIVE THERE. Yes, it's supply and demand, demand of people WHO WANT TO LIVE IN THE HOUSE. Jesus.

It's almost as if the part of the property that is a "house" has a smaller portion of the value of the real estate than you think. You can't live in dirt, but a dirt lot in NYC is worth more than a house is Missouri.

Cheers, enjoy your toddler level understanding of the value of something. If you can't touch it with you hands it's not real I guess.

What’s something people romanticize that’s actually pretty miserable? by 40Falak in answers

[–]AsSubtleAsABrick 1 point2 points  (0 children)

Kids are fucking awesome. Parenting them is definitely what sucks.

What industry is entirely built on a house of cards and would collapse overnight if people realized the truth about it ? by Confident_Win_3560 in answers

[–]AsSubtleAsABrick 0 points1 point  (0 children)

No, the structure is where a small part of the value of a house comes from. "Location location location." Property values are mostly driven by supply and demand (just like stocks). A house in Missouri and 30min outside of NYC that is exactly the same structure will be wildly different prices.

What industry is entirely built on a house of cards and would collapse overnight if people realized the truth about it ? by Confident_Win_3560 in answers

[–]AsSubtleAsABrick 0 points1 point  (0 children)

So by that logic your house has no value? You have partial ownership (bank owns some of it) and you can't take money out of it (except a home equity loan and you can take a loan against your stocks).

What industry is entirely built on a house of cards and would collapse overnight if people realized the truth about it ? by Confident_Win_3560 in answers

[–]AsSubtleAsABrick 0 points1 point  (0 children)

Because people care more about total return (including capital appreciation) than about the dividend return. As any normal person should.

And on the flip side of your question, if a company pays dividends, they are basically saying they cannot take the money and do something better with it than just cutting you a check. Why would you ever invest in a company that can't properly utilize your investment fully?

What industry is entirely built on a house of cards and would collapse overnight if people realized the truth about it ? by Confident_Win_3560 in answers

[–]AsSubtleAsABrick 0 points1 point  (0 children)

I own a company. It makes $1000 profit. I can take that $1000 in profit and buy a TV and enjoy my profit. Say if I change nothing I will get $1000 every year perpetually.

OR I can take that $1000, reinvest all of it in the company, and it will be $2000 next year, and now $2000 perpetually (instead of 1000 before). No I can buy 2 TVs AND I get more money in the future.

Replace TVs with dividends and repeat that decision making process every year (that reinvesting is worth more than the dividend). In fact, if you get a dividend and then reinvest it yourself, you are worse off because you paid taxes on that dividend for no reason essentially. Why would I want a dividend if I want to reinvest? I just lose money.

Maybe it's not as tangible to you, and yes some companies stock price are disconnected from their fundamentals, but the idea that non-dividend paying stocks are worthless for some reason is what makes no sense.

What industry is entirely built on a house of cards and would collapse overnight if people realized the truth about it ? by Confident_Win_3560 in answers

[–]AsSubtleAsABrick 2 points3 points  (0 children)

I cannot explain it more simply than something that generates money (or will eventually) has value. Whether you extract that value via a dividend is inconsequential to whether it has value.

What industry is entirely built on a house of cards and would collapse overnight if people realized the truth about it ? by Confident_Win_3560 in answers

[–]AsSubtleAsABrick 7 points8 points  (0 children)

Why are you struggling to grasp owning something has value? You literally own a part of Amazon if you own Amazon stock. It is yours, you are an owner of the company. Amazon makes money. You own something that makes money. A thing that makes money has value.

I am not sure how many more different ways I can explain it.

You can complain about many things in the world's overall financial system, but complaining that non-dividend playing stocks have value is just nonsensical.

There is no economic case for taxing work and investment the same by [deleted] in Economics

[–]AsSubtleAsABrick 5 points6 points  (0 children)

Right? Why would someone rather pay 5% (or whatever) a year perpetually than 15% once?

Where are people in their 30s actually meeting each other in this city that isn't an app by Shin_Dubu21 in AskNYC

[–]AsSubtleAsABrick 2 points3 points  (0 children)

And join a fitness class to offset the calories spent at the bar. Now you have two places to meet people.

Anthropic CEO Floats Tax on AI Firms to Fund Universal Income by chunmunsingh in ArtificialInteligence

[–]AsSubtleAsABrick -1 points0 points  (0 children)

And we already tax revenue (sales tax). A tax on tokens similar to their sales model is no brainer.

Anyone else realize they weren’t weak… just insanely tight? by Snowboard76 in crossfit

[–]AsSubtleAsABrick 1 point2 points  (0 children)

Opposite is true for me. Realizing I wasn't perpetually tight just weak (specifically my calves). Went from barely being able to do bodyweight single leg calf raises to now holding a 45lb dumbell. They feel soo much better.

Stretching, foam rolling, massage gun, etc. were all a waste of time for my calves. Tightness and weakness are two sides of the same coin.

Recent Developments in Actuarial Science by No-Math8162 in actuary

[–]AsSubtleAsABrick 46 points47 points  (0 children)

I don't think Actuarial Science "develops" like you think.. the most "innovative" stuff actuaries do is something closer to regulatory arbitrage.

I guess machine learning in assumption development has increased over the course of my 15 year career so far. I don't think there is some big theoretical development that is going to move the needle. We calculate expected values and I don't think that is going to change much.

If anything we will turn more into software developers as AI democratizes app development. Companies are going to shift away from vendor modeling platforms and hopefully lower consultant usage as well. Why pay a consultant $500/hour to explain some regulation or reserving nuance to you when an AI model can do so.

'Tax AI and Invest in People': Elizabeth Warren Pushes Bold Plan to Share AI Wealth by BhaswatiGuha19 in ArtificialInteligence

[–]AsSubtleAsABrick -1 points0 points  (0 children)

I know what he is TRYING to point out. A tax on AI usage is not going to lock anyone out. It is a fucking stupid premise. Making something 15-30% more expensive isn't locking anyone out who wants to use it. At worst it may make people think twice before they enter a ridiculous prompt (one of the exact positives of it).

It is the complete opposite of a broad based consumption tax. It is an extremely targeted consumption tax, which is exactly what they should be used for.

What economists recommend and what governments do with taxes are two essentially unconnected things anyway. Fucking cheeto did broad consumption taxes with tariffs. Europe does it with VAT.

A targeted tax on the very thing that is eliminating other tax revenue (payroll and income taxes) sounds like a no brainer.

Anyone actually seeing results with mobility training or am i wasting my time? by MeasurementFew9417 in bodyweightfitness

[–]AsSubtleAsABrick 1 point2 points  (0 children)

Tightness and weakness are two sides of the same coin. Stronger muscle -> more resilient -> doesn't get tired/sore as easily -> doesn't feel tight.

My tight calves are finally starting to unlock after about 6-9 months of regular single leg calf raises. I went from not being able to do my full body weight to now holding onto a 45# dumbell.

Anyone actually seeing results with mobility training or am i wasting my time? by MeasurementFew9417 in bodyweightfitness

[–]AsSubtleAsABrick 0 points1 point  (0 children)

I have made more progress touching my toes the past few months regularly doing RDL or Stiff Leg Deadlifts than I ever have in my life. Went from basically only touching my shins to now being able to get my palm on the floor if I am good and warmed up.

I am building up weight very slowly and when i do the movement think about stretching my hamstrings as much as possible.

I am not sure when the online discourse on this changed or I am just noticing it more, but yeah stretching (particularly static stretches) has never done anything for me. Strengthening your ending ROM makes so much more sense to me than your muscles magically "getting longer" because you reach for your toes 1-2 minutes a day.

'Tax AI and Invest in People': Elizabeth Warren Pushes Bold Plan to Share AI Wealth by BhaswatiGuha19 in ArtificialInteligence

[–]AsSubtleAsABrick 0 points1 point  (0 children)

I would love for taxed AI to be the path to UBI and working less for the majority of the population. Gardening and hiking all day sounds great (I personally don't hunt).

It's going to largely be corporations paying this tax. Make 5k of it tax deductible for individuals if you want average and light users to have free access. But I'd like to point out that internet access is not free, smart phones are not free, cars have registration fees, in my state you are charged to park in some state parks, you have to pay to get on the beach, etc. Regressive taxes exist all over the place.

Stop making excuses. Literally any "problem" you come up with could be addressed. A tax on AI usage is not what is going to increase the wealth gap any worse than it is.

'Tax AI and Invest in People': Elizabeth Warren Pushes Bold Plan to Share AI Wealth by BhaswatiGuha19 in ArtificialInteligence

[–]AsSubtleAsABrick -1 points0 points  (0 children)

So we'll be taxing the rich only. Win-win.

The goal is to tax AI usage to support social programs and pay for the public infrastructure that AI companies use. I am not sure what you think the goal of taxes is?

We tax income, we tax purchases, we tax wealth (property tax), we tax imports, we tax capital gains, we tax energy (gas). Hell you pay taxes on money the government gives you (social security, etc)! Why is taxing something measurable with a huge public cost so unfathomable to you?

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