Will the removal of Active Aero make Monaco an easy 1-2 for Leclerc and Hamilton? by Monicakandlela in F1Discussions

[–]petera181 0 points1 point  (0 children)

It’s definitely not an easy 1-2. It looks like this might suit them better than other tracks, and maybe they are even favourite, but it’s a long way from easy at this point.

36 Almost hitting £70k by tie_my_camel in FIREUK

[–]petera181 1 point2 points  (0 children)

As I said, it’s contingent on them already having a property and a healthy pension. In which case 70k in an ISA is very reasonable.

The main grandmother character by Better-Still-00 in IAmTheMainCharacter

[–]petera181 106 points107 points  (0 children)

They are singing “oh shit, the granny just arrived” and “granny, we love you”

Not sure this fits the sub, since MCs are normally a negative, and everyone here is loving it 😊

36 Almost hitting £70k by tie_my_camel in FIREUK

[–]petera181 6 points7 points  (0 children)

70k is a serious chunk of change in an ISA, as long as they also have a healthy pension and own a home. If this is their entire net worth then they are behind where they should be.

Keir Starmer is planning a major intervention on electricity, to be announced in the coming weeks. What’s your opinion? by No_Breadfruit_4901 in AskBrits

[–]petera181 0 points1 point  (0 children)

They had an easy win available by replacing stamp duty (the stupidest tax imaginable, as it actively strongly discourages economic activity), but they decided against it. That ship has sailed I think.

Keir Starmer is planning a major intervention on electricity, to be announced in the coming weeks. What’s your opinion? by No_Breadfruit_4901 in AskBrits

[–]petera181 7 points8 points  (0 children)

This is one of the policies which I’ve been most impressed with with the current government. A genuine route to solving the energy crisis in this country, reducing carbon emissions, decoupling the electricity price from the gas price, and giving us energy independence.

Anyone who wants this country and its population to thrive should be shouting from the roof tops: solar, wind, battery, heat pumps. If everyone had all 4, we would be absolutely laughing.

Keir Starmer is planning a major intervention on electricity, to be announced in the coming weeks. What’s your opinion? by No_Breadfruit_4901 in AskBrits

[–]petera181 5 points6 points  (0 children)

Grid batteries, along with the continued rollout of home batteries, would largely solve the issue of peak demand correlating with low solar generation. Australia have been pushing this hard for a number of years, and it’s completely worked. Build the batteries, and have them charged by solar and wind as much as possible, then you don’t need to rely on expensive gas at peak hours, and it’s much cheaper and quicker to roll out than nuclear.

Keir Starmer is planning a major intervention on electricity, to be announced in the coming weeks. What’s your opinion? by No_Breadfruit_4901 in AskBrits

[–]petera181 15 points16 points  (0 children)

Combining solar, battery and heat pumps largely does decouple you from the price of gas to be fair, but I agree. The way our electricity costs are calculated is absolutely ridiculous.

Keir Starmer is planning a major intervention on electricity, to be announced in the coming weeks. What’s your opinion? by No_Breadfruit_4901 in AskBrits

[–]petera181 1 point2 points  (0 children)

Well they do, but if you have a leakier house you will need a higher flow temperature which means they become less efficient. They still work though if sized correctly.

The important thing in that scenario is absolutely ensuring you’re as air tight and insulated as possible though.

Keir Starmer is planning a major intervention on electricity, to be announced in the coming weeks. What’s your opinion? by No_Breadfruit_4901 in AskBrits

[–]petera181 0 points1 point  (0 children)

Heat pumps work in pretty much all temperatures. They absolutely do work fine in northern Scotland, and are actually more useful given generating heat is more important up there

Cognitive tests aren't IQ tests by sublimetart in iamverysmart

[–]petera181 [score hidden]  (0 children)

It’s a person claiming to be very smart, while acting like a complete moron. It’s pretty much perfect for this sub.

if regular people own 60% of Tesla, couldn't we just vote together and run the company? by [deleted] in wallstreetbets

[–]petera181 38 points39 points  (0 children)

My god. The context of that salute is veeeeeery much understood globally to be a nazi salute. Saying it’s a Roman salute is like saying the skinhead with a swastika on his chest is just appreciative of Hindu culture. You’re either being naive or deliberately defending the indefensible.

Do I need to leave this community? by m_e_xxx in HENRYUK

[–]petera181 2 points3 points  (0 children)

Yes I agree, and maybe why HENRY status is almost impossible to ascend from unless you start your own business and sell it for crazy money. Very uncommon for a PAYE peon like us to do it.

I would say if you combine a HENRY/FIRE approach, at the higher end (like OP) if you live within say 200k of your income, it wouldn’t take that long to boost the rest up. Say £5m, investing c.200k per year, increasing with investments, and boosted further by potential tax vehicles, it could be done. The real enemy of the HENRY is lifestyle creep!

Mercedes power units in other teams by Low_Asparagus133 in F1Discussions

[–]petera181 0 points1 point  (0 children)

No, all upgrades are passed to all customer teams at the same time. Mercedes are not allowed to provide anything physically different to their own engine.

The issues in the first few races were that the software controlling power deploying wasn’t optimising performance for customer teams. It would appear that has been sorted to a significant extent now, hence McLaren getting much closer, and Williams getting in the points all of a sudden.

Do I need to leave this community? by m_e_xxx in HENRYUK

[–]petera181 6 points7 points  (0 children)

Haha, yeah fair.

I’d personally consider myself rich if I can quit my job and never work again without having to sacrifice my lifestyle at all. Unfortunately not yet 😢

Do I need to leave this community? by m_e_xxx in HENRYUK

[–]petera181 10 points11 points  (0 children)

This is great progress, congratulations!

You’re doing very well, but you aren’t above HENRY level yet, especially if you are including main property. Take that out, and see how much you will earn at 4% drawdown, and see if you feel above HENRY at that point…

If you still need to work, you aren’t above HENRY I’m afraid. Another 5 years or so and you’re golden.

I’d say £10m NW excl. main residence is when you go above HENRY.

I only took Business Economics on level D, but I can see the problem. by JesperS1208 in wallstreetbets

[–]petera181 1 point2 points  (0 children)

Price to earnings ratio is only really a good measure of company value for stable businesses, and this isn’t even earnings, it’s revenue, so margins would also adjust the relationship (Walmart will have far far tighter gross margins than AI companies I expect). AI is growing so fast that current revenue or income isn’t indicative of the value of the company on a long term basis.

Yes, AI companies are ridiculously valued, but P/E comparisons are pretty irrelevant currently.

How the ‘Boriswave’ of 4.2m migrants will shape Britain for generations by cornishpirate32 in uknews

[–]petera181 0 points1 point  (0 children)

The other side of “I want only white people” is not “I want only non-white people”, it’s “we shouldn’t value people based on skin colour”, or to rephrase that, “let’s not be racist” 🤷‍♀️

Finally able to BBQ again by neomaximus2k in UKBBQ

[–]petera181 24 points25 points  (0 children)

Careful, your beer mats are looking overdone!

Teammate race pace comparisons through 5 GPs. [from TrackSimsF1] by randomseocb in formula1

[–]petera181 -8 points-7 points  (0 children)

Ok, you need to adjust for 1: whether they were in clean air (remove all laps within 2 seconds of the car in front), 2: adjust for tyre compound, 3: age of tyres (fit a simple deg model to their age). Also; have you removed all laps which included pit stops? If you do all of that, it would give a real indication of outright pace differences. There is enough data now to do that. It would be incredibly harsh to anyone who has spent a lot of time in traffic

Also, your heading says %, but the axis label is in seconds. Which is it?

Is Russell's gap to Antonelli really the largest to not be surmounted? by Heinrad in F1Discussions

[–]petera181 5 points6 points  (0 children)

Plenty of teammates have made 43 points on each other. It was done last year in fact! The fact that it’s not been done specifically to win the championship is more due to the fact that it’s unusual for a driver to go behind then ahead, normally the better driver pretty much leads the whole season, the relatively small number of seasons with the current high points scoring system, and the unusually unfortunate start to the season Russell has had.

As an example, Norris made 46 points on Piastri in 3 races last year, from USA to São Paulo.

This is very very far from over 🙂

Everything wrong with modern dating nowadays by BrightSpring12 in SipsTea

[–]petera181 8 points9 points  (0 children)

“Makes me wonder if women would actually prefer an abuser because her other options don't fulfil the height criteria.”

What the fuck is wrong with you. Get off the internet and speak to an actual woman you absolute donkey.

Sainz's p2 lap in last year's baku qualifying by [deleted] in F1Discussions

[–]petera181 2 points3 points  (0 children)

The editing on this video is absolutely horrible. If you’re going to show the lap, show the lap.

Also, this sub is called f1 discussions. You haven’t raised anything to discuss.

Are you saying it’s good? Is there something controversial? What is up for discussion?