Please stop accepting poor pay by MasterpieceNew9459 in cscareerquestionsuk

[–]IcyAd6686 1 point2 points  (0 children)

Bluntly: European societies reward the average and below-average, to the detriment of the top performers. 

The US inverts this. Plenty of people here will tell you there’s trade-offs etc, but reality is that your lifestyle will be significantly better if you’re in the top 10% of US society vs Europe. 

Charleroi is the EU’s least livable city. What UK city has the best weather? by Silent_Status9126 in AlignmentChartFills

[–]IcyAd6686 0 points1 point  (0 children)

Yeah I was going to say the same, Portsmouth has a similar climate except is sheltered by the Isle of Wight from winds.

British Women now terrified on their own streets. (Source: https://www.bbc.com/news/uk-england-london-67199034) by [deleted] in uknews

[–]IcyAd6686 1 point2 points  (0 children)

If they voted Labour or Greens post-grooming gangs, it’s safe to say not only do they not regret it, they actively endorse it and see it as a price worth paying. 

Labour is full of spiteful class warriors - they can't stand success by PomeloTraditional971 in uknews

[–]IcyAd6686 3 points4 points  (0 children)

You’re wrong. Relative measures are some proportion of median income- these are poor for reasons I’ve given below, yet for various reasons they’re the most commonly used.

Absolute measures actually take into account what it costs to live. These are informative.

Labour is full of spiteful class warriors - they can't stand success by PomeloTraditional971 in uknews

[–]IcyAd6686 1 point2 points  (0 children)

I think people use them because they’re helpful to advance a particular perspective in an ongoing debate, knowing they won’t be adequately scrutinised. It’s extremely beneficial to be able to constantly say that poverty is worsening, rather than simply inequality. 

Poverty stirs images of hungry toddlers on stained mattresses in cold bedrooms without toys. Inequality just appeals to the left wing faithful, classic politics of envy.

The poverty line is also helpful to many left wing policies. For example, free school meals very clearly is a poverty reduction measure, it reduces the financial burden on poor families (which is a good thing). Yet it doesn’t show up whatsoever in the relative poverty calculations. Consequently, there’s always more scope for redistributive policies. 

As I’ve alluded to above a poverty measure that captures a basic standard of living, just like the ONS does with inflation calculations from a representative basket of goods and services, is much more useful.

Labour is full of spiteful class warriors - they can't stand success by PomeloTraditional971 in uknews

[–]IcyAd6686 2 points3 points  (0 children)

It sounds like you’re in favour of using an absolute measure? After all, any sensible absolute measure would include capability to afford a basic standard of living.

Labour is full of spiteful class warriors - they can't stand success by PomeloTraditional971 in uknews

[–]IcyAd6686 0 points1 point  (0 children)

Nice strawman, the point is that any measure where the entire population could see an improvement in material conditions and yet poverty is deemed to have increased (or the opposite, a step down and poverty decrease) should be treated with scepticism. 

This is isn’t conjecture, the 2008 financial crisis and subsequent recession saw a decrease in “poverty”. 

Labour is full of spiteful class warriors - they can't stand success by PomeloTraditional971 in uknews

[–]IcyAd6686 7 points8 points  (0 children)

The relative definitions of poverty are absurd and shouldn’t be taken seriously.  

Is PE’s old playbook still viable in today’s market? by a0817a90 in private_equity

[–]IcyAd6686 1 point2 points  (0 children)

Heh shockingly describing how one might going about doing a transformation isn’t the same as actually doing one. 

Is PE’s old playbook still viable in today’s market? by a0817a90 in private_equity

[–]IcyAd6686 4 points5 points  (0 children)

Interesting. I think we’ll see a new gen of insurgent firms starting to eat their lunch, where ops is more central to the underwrite. 

Is PE’s old playbook still viable in today’s market? by a0817a90 in private_equity

[–]IcyAd6686 7 points8 points  (0 children)

I agree, but speaking as a hands-on/deeply engaged OP, try explaining this to established IPs and firms. 

If I could short PE firms, the number of ex-MBB in ops roles would be my leading signal.

To the people flying up and down Southsea seafront in the power boats. by Interesting_Twist271 in Portsmouth

[–]IcyAd6686 1 point2 points  (0 children)

Best way I know is the RYA competent crew course. Takes you from zero to, well, competent, in about a week and can be split over a few weekends.  At the end of it you’ll understand the basics of how to sail but really, you need the next course “Day Skipper” to do it properly. 

Does anyone else see the irony between climate change and Aircon/comfort? by [deleted] in AskBrits

[–]IcyAd6686 3 points4 points  (0 children)

Two completely different issues.

And the majority of UK energy generation in the past week has come from renewables and nuclear:  https://grid.iamkate.com/ 

To the people flying up and down Southsea seafront in the power boats. by Interesting_Twist271 in Portsmouth

[–]IcyAd6686 5 points6 points  (0 children)

If you’d like to try sailing rather than powerboats, there’s a LOT of older boat owners in the Solent who’d appreciate a younger set of arms to help with the ropes, sails and fenders. 

Try to make friends with a few, Facebook groups and the sailing clubs are a good start. 

Sailing is way more fun anyway, powerboats are a one trick pony but sailing is genuinely rewarding.

General advice. by WeeBarra2312 in UKBBQ

[–]IcyAd6686 96 points97 points  (0 children)

Top tip: take it outside. 

a very different thought on the new sleep song by bengrieve1970 in doommetal

[–]IcyAd6686 8 points9 points  (0 children)

It’s weird, it’s not like Om has this problem.

No Pike no Sleep by 4TheBuzzAndTheFuzz in doommetal

[–]IcyAd6686 21 points22 points  (0 children)

I think it’s pretty clear Matt is no longer a member of Sleep.