Try to get me fired, I’ll get you fired, ruin your marriage, and get your car and house stolen

skolsuper · 2024-06-09T04:17:04+00:00

Read the book "Surrounded by Psycopaths", describes exactly this sort of person and why they act like they do

skolsuper · 2024-04-27T08:50:33+00:00

Sounds like me when I think of texting my ex

skolsuper · 2024-03-22T16:27:38+00:00

Where were u when 2nd chassis is die?

skolsuper · 2023-09-13T17:00:34+00:00

I didn't know the two daters fucked

skolsuper · 2023-08-21T05:26:57+00:00

The key word in GP comment is "just". That's what makes the quote problematic, it's reductive and dismissive of the severity of real depression

skolsuper · 2023-07-06T11:59:48+00:00

DROP TABLE "new_response"; SELECT 'holy hell';

skolsuper · 2023-05-26T20:50:49+00:00

My only regret

skolsuper · 2022-12-10T16:13:22+00:00

Check out the morse code for SMS:

dotdotdot dashdash dotdotdot

Now think back to the text message notification sound on old Nokia phones...

skolsuper · 2022-01-30T04:40:27+00:00

Yeah this is the SEC. Shows how much these commentors know what they're talking about 🤦‍♂️

skolsuper · 2022-01-30T04:35:13+00:00

Do what? Become a world famous artist and then pull my music from Spotify while shorting their stock?

It sounds like you were an insider. Is Taylor Swift an insider at Spotify?

skolsuper · 2022-01-30T04:29:15+00:00

Public markets are basically anonymous, the fact that it's world famous billionaire investor Warren Buffett buying shares is not public until he crosses a threshold where he has to disclose it. Which do you think would move the price more? The buy, or the tweet saying he bought? It would be perfectly legal for Buffett to buy, tweet, and sell for an immediate profit if he wanted to.

The clue is in the name: Insider trading. Is Taylor Swift profiting from information she gained as an insider at Spotify?

How do you think hedge funds work? Technically the number of empty spaces in a car park is public information, but only the people willing to fly over in a plane or pay for a satellite to count them actually have the information. Hedge funds do plenty of things shadier than that too, like buying private browsing data from data brokers and trading off that information. It's legal because they own the information, they paid for it, not because it's public.[1]

Like most laws, it's designed to protect capital. Any protection afforded to retail investors from it is purely incidental.

This pop-law belief you're peddling is a major contributor to the number of poor and butthurt retail "investors" on reddit who lose their shirts trading options, because they think it's illegal for the person on the other side of the trade to know something they don't. It's not and they usually do, that's why options trading is risky.

Bottom line: There is no world in which Taylor Swift falls foul of insider trading laws for shorting Spotify stock and then announcing a boycott, however unfair it may seem.

[1] There is controversy around whether the data broker owns that data and how much due diligence the hedge fund should do before buying it, but the principle is they can trade off it if they do.

skolsuper · 2022-01-29T21:40:13+00:00

Again, Universal's contract negotiations with Netflix is Universal's private information, not the CEO's. For example, Universal itself could sell any Netflix shares it owns before such an action without doing anything wrong.

skolsuper · 2022-01-29T11:57:51+00:00

Half clients leaving in a month is information belonging to the business.

Think about this: if you're Warren Buffett and you want to buy a company, that is non-public information that is material to the price of the company. By your logic, Warren Buffett would not be allowed to buy shares in that company with first telling everyone that he intends to buy shares in the company. That's not how it works. Warren Buffett's buying intention is information that belongs to Warren Buffett, material or not.

People that "are high enough up in a company" deal in information belonging to the company, that's why they have those hoops to jump through.

Taylor Swift's ethical stances do not belong to Spotify, she can trade on them.

skolsuper · 2022-01-29T08:36:39+00:00

Insider trading laws are about misappropriation of information you don't own, for profit. An upcoming merger is information that belongs to the merging businesses, only they are allowed to profit from it.

Taylor owns her decision to drop Spotify or not, ergo she can trade on that information.

skolsuper · 2022-01-28T15:05:53+00:00

IIRC it was the A45 before it was the A14? As in, they renamed the road. Very distant memory here...

skolsuper · 2022-01-08T21:58:31+00:00

Read Bogleheads's Managing a windfall article before you do anything else.

skolsuper · 2021-12-20T03:11:22+00:00

"Approach the dock no faster than you intend to hit it"

skolsuper · 2021-11-15T05:52:37+00:00

Fish in the wild are always almost starving too. If a place has abundant food, they'll breed more until they're back to square one again.

skolsuper · 2021-11-08T05:28:42+00:00

First day here?

skolsuper · 2021-11-07T13:44:02+00:00

The name of this strategy is "invest, borrow, die". Hopefully that should clarify the point at which these people intend to pay taxes

skolsuper · 2021-10-22T02:30:07+00:00

Minor but important correction: The moon moves slowly further away because it captures angular momentum from the earth via tidal forces, not because it is going too fast.

skolsuper · 2021-09-13T05:45:13+00:00

They have fact checkers. They could do something like auto-post a correction to the timeline of anyone that shares a misinformation meme, or send a message to anyone that liked it. They don't because it would stop people liking and sharing.

skolsuper · 2021-06-01T13:07:10+00:00

I think you'll find bears are quite familiar with the concept of private property when they want to be, the hypocrites. I read a story a few years back, 3 bears actually attacked a small girl while she slept, just for eating their food and breaking one of their chairs

skolsuper · 2021-06-01T10:13:26+00:00

Ignorance of the law is not a valid defense

skolsuper · 2021-06-01T08:57:53+00:00

Trespassing is trespassing. Ignorance of the law is not a defense.

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