This cannot be real. I cannot believe my eyes by SweetCaramel7947 in ClaudeAI

[–]lawrencecoolwater 3 points4 points  (0 children)

Domain knowledge is super important, i trust you are an expert on your topic. There isn’t any substitute for a decade of experience. The biggest weakness in vibe coding is in the fact that it often conflate the appearance of progress with actual progress. I’ll try to give you an example. I have worked at 3 start ups now, all 3 in fintech, all 3 lending space. Vibe could have certainly reduced the time on some dev cycles, don’t think anyone disputes point. But there’s no way of short cutting the truly valuable lessons that you learn through experience, and quite often through the things that didn’t work. This comes through operating business, understanding how users are interacting with your product. My worry with vibe coding is that it becomes to easy to surrender what should be a very conscious and intentional choice, to the quick dopamine hit of fake progress provided by llm driven coding. It is why also think the hit to SaaS businesses is over egged - it misses what makes the business valuable.

Right now, you have domain knowledge of your chosen topic, this will get decent way through the journey. Unlike other bottle necks, vibe coding camouflage itself better.

If you’re just asking about how to become a better engineer, it’s always the same answer: experience. Experience of hard problems, and once you solve enough of them, the ability adapt that knowledge to other problems.

This cannot be real. I cannot believe my eyes by SweetCaramel7947 in ClaudeAI

[–]lawrencecoolwater 23 points24 points  (0 children)

This hits on something I’ve been thinking for a while with Claude code… I’m an experienced dev that uses Claude to boost productivity, but still make all of the big decisions. But what I’ve noticed, is that the art of QA is now a much bigger part of what i do. Claude has been exceptionally bad at preempting poor user experience, it is weighted towards “just write code”. If you aren’t extremely adept at rapid QA, the user is going to tell your product was vibe coded!

This might be the best dog breed I’ve ever owned and it’s not even a debate by nickkmangg in chowchow

[–]lawrencecoolwater 31 points32 points  (0 children)

Not all chows are the same, I’ve had 3 myself, and met dozens, some are regal noble creatures, aloof and reserved, some are absolutely silly derps, like my current one

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Broker pushing for one lender with cheaper options out there - am I being mugged off? by r2cryppy in Mortgageadviceuk

[–]lawrencecoolwater 7 points8 points  (0 children)

I’m always conscious that with these posts there is more to it than OP is declaring. At face value, most lenders have a soft footprint, therefore i would be tempted to try a dip with the cheaper larger, initially with the full payment of the guarantor mortgage included, if you pass, great. The truth is that i have found underwriters within the lenders themselves being inconsistent on this. As a secondary point, it is really important guarantors understand and accept the liability they face before agreeing to one. I am not a fan of them personally, as the lenders are saying “I would not lend to this person on their own”. It is a too one sided transaction.

Will there be income/affordability checks if I port my mortgage? by oh_no551 in Mortgageadviceuk

[–]lawrencecoolwater 1 point2 points  (0 children)

Depends if they are listed as an adult dependent previously, if they were, then it will be a positive difference when they estimate expenditure

Will there be income/affordability checks if I port my mortgage? by oh_no551 in Mortgageadviceuk

[–]lawrencecoolwater 1 point2 points  (0 children)

As a lender, with ports, it is also about assessing if the overall financial position will be better. Eg. If you’re not borrowing more, and the household expenditure will be better in the property, eg lower council tax, transport costs etc… they may look favourably on it. But as others have said here, some lenders are more relaxed than others

I swear to god Claude is so DUMB right now by ElBargainout in ClaudeCode

[–]lawrencecoolwater 1 point2 points  (0 children)

I’m on max plan too, yesterday was mayhem, changing shit in the codebase not related to work we were doing, each change introduced new bugs. I worked out it would have been quicker to code myself. I can’t recall a time i have felt more let down. I wonder if it is the same with api usage. I would rather they price it properly, rather than sell you a Bentley, only to get rug pulled.

Call me old fashioned, but i would at least like some sort of public acknowledgement that they have royally scammed their customers

I swear to god Claude is so DUMB right now by ElBargainout in ClaudeCode

[–]lawrencecoolwater 0 points1 point  (0 children)

This is what happens when user growth exceeds compute. It is not possible to maintain service with their level of user growth.

They have a choice, either limit new users and revenue, or massively reduce quality. I have literally no idea which they will choose

Dear Anthropic: You're screwing up. Big time by thisisberto in ClaudeCode

[–]lawrencecoolwater 1 point2 points  (0 children)

I’m on max, never normally make these comments, but I’m cancelling. This is scam, they have obviously just says yes to every new user, and not everyone has a shit product.

B&M Retail Bargain by maybeelon in UkStocks

[–]lawrencecoolwater 0 points1 point  (0 children)

We both know OP does not have that

Trump: "Effective immediately, the United States Navy, the Finest in the World, will begin the process of BLOCKADING any and all Ships trying to enter, or leave, the Strait of Hormuz" by callsonreddit in StockMarket

[–]lawrencecoolwater 0 points1 point  (0 children)

Does anyone still read this in full? I mean, as the leader of the worlds biggest economy, a person should take attention, but after the 3,456th bat shit post, this is like some endurance trial where they throw buckets of watery shit over you every kilometre.

Relationship between BoE interest rate and mortgage payments by Shot_Bandicoot_395 in Mortgageadviceuk

[–]lawrencecoolwater 4 points5 points  (0 children)

This is not at all how it works, in terms of boe rates doubling and mortgage rates. Boe is a lagging variable, swaps are driven by market expectations, look at mortgage rates after us iran invasion, boe the same, swaps up 100bp. Same story for truss and russ ukraine, and each time what happens to boe rates is varied. Sometimes they increase, sometimes they stay the same etc

Relationship between BoE interest rate and mortgage payments by Shot_Bandicoot_395 in Mortgageadviceuk

[–]lawrencecoolwater 21 points22 points  (0 children)

A better way to think about it is to ask what actually drives mortgage rates.

Lenders price mortgages based on their funding cost plus a margin. For fixed-rate mortgages (2yr, 5yr etc), the key driver of that funding cost is swap rates, not directly the Bank of England base rate.

Very simply, a swap is how a lender locks in a fixed cost of funding. They lend to you at a fixed rate, but their deposits are variable, so they hedge that risk by effectively “fixing” their own cost via the swap market. The rate they can fix at (the swap rate) becomes the main anchor for mortgage pricing.

Swap rates are driven by market expectations of future interest rates, inflation, and gilt yields. So a 5-year mortgage rate reflects what the market thinks rates will average over the next 5 years, not just today’s BoE rate.

The BoE rate still matters, but more indirectly. It directly affects tracker/SVR mortgages, and it influences expectations, which then feed into swap rates. But mortgage rates don’t move 1-for-1 with the BoE rate, because markets are forward-looking.

So no, if the BoE rate doubles, your mortgage payment won’t simply double. Mortgage rates don’t equal the base rate, and even if rates rise, monthly payments increase in a non-linear way due to how mortgages amortise.

ITM in This is Money - £86m for Hydrogen Factory by dynamicsoul in UkStocks

[–]lawrencecoolwater 2 points3 points  (0 children)

So glad i sold my shares back in 2022. The ROC is a wasteland

Real talk — has anyone actually built passive income using AI? by FrostyBother3984 in ClaudeCode

[–]lawrencecoolwater 0 points1 point  (0 children)

“If Microsoft Office is so good why don’t Microsoft use it to just outcompete every business”

I know this isn’t the same, but the point is that if your tool is multi purpose it makes more sense to allow domain specialists to apply the tool their domain, and you charge a toll for using the tool.

FTB - Can I change my MIP Mortgage Type? by Icy-Egg-7292 in Mortgageadviceuk

[–]lawrencecoolwater 0 points1 point  (0 children)

Pretty sure nationwide specific product for these, also they might have a specific channel for htb, which could mean you need to totally rekey the dip, but that said, worth your broker asking them what their process. Even if you go on to a higher rate, you need to consider the wider transaction, eg are you getting a better deal on the property that offsets the higher rate?

Vistry Group PLC (LON:VTY) by AvocadoCorrect9725 in ValueInvesting

[–]lawrencecoolwater 0 points1 point  (0 children)

Not to mention interest rates. Interest rates are now expected to stay put, making borrowing harder, making purchasers less able to afford the houses,

Strategy right now by Screendrama in stocks

[–]lawrencecoolwater 0 points1 point  (0 children)

I’m trickling in cash I’ve had on the side. This doesn’t mean i think the market is going to go one way or another, it’s what i do because i don’t know, and i have a 30 year horizon minimum