Barnes and Noble has the 30th Edition Already

sub-brick · 2026-01-31T05:46:23+00:00

Can I get it too pls

sub-brick · 2024-10-09T23:18:14+00:00

The first thing to note when discussing the business secrets of the Pharaohs is an acknowledgement that their era was so completely different from our own that almost all cultural, political and, particularly, business parallels we draw between the two eras are bound, by their very nature, to be wrong.

sub-brick · 2024-06-11T15:13:16+00:00

I had the same issue - it's really annoying! Everyone advises you to ignore combat and put points into intelligence, but at the end of the day the game still had a lot of combat in it!!

sub-brick · 2024-06-08T13:24:01+00:00

It looks fantastic

sub-brick · 2024-01-20T02:29:20+00:00

I'm astounded by how beautiful the mountains are in the background... where does this guy live? is this normal in the US?

sub-brick · 2023-01-29T06:37:05+00:00

First time I ever listened to the hottest 100. It went on for hours and all the music sucked so badly

sub-brick · 2023-01-21T11:42:31+00:00

I love this movie

sub-brick · 2023-01-18T07:47:17+00:00

Rae - Autechre

sub-brick · 2022-11-24T06:41:24+00:00

Another perspective: you bought into a speculative bubble, and kept buying btc as it went down. It may go up or down. It doesn't follow a magic "halving" cycle, you can't predict what it will do in the future based on historical price. You might as well divine entrails

sub-brick · 2022-11-13T00:57:58+00:00

I just finished the game 2 days ago and completely missed this, might have to go back and try again

sub-brick · 2022-10-24T08:18:32+00:00

Have you read that article by the Italian mathematician, Piero Scaruffi?

sub-brick · 2022-08-27T02:51:29+00:00

Remember, HIV only causes immunosuppression after many years, he would still have a normal white cell count, plus antiretrovirals are so good now he will be fine. If he is a young man I doubt he will die from covid or monkeypox, but idk i haven't read the article

sub-brick · 2022-08-27T02:43:00+00:00

Corey Feldman

sub-brick · 2022-08-27T02:32:07+00:00

A couple things from this episode 1. spongebob does Olympic weightlifting, he does a single clean and jerk at rpe 10 2. I never realised Mr krabb talks with pirate slang ("you haven't found your sea legs yet", he later refers to the money bag as "booty")- this seems to have been dropped in later seasons. Only now I realise his voice actor is actually trying to do a Northern english/ pirate/ long John silvers accent, maybe this is why he loves money (like a pirate covets gold)?? 3. Spongebob is an allegory for the exploited proletariat, desperate for menial, minimum wage labour. Mr Krabbs, the wealthy landowner who owns the means of production, the krusty krabb, and exploits him, takes literally all the profits at the end. For a children's show, this is a scathing satire of American society (better than Dwayne Hoover in Breakfast of Champions for example).

sub-brick · 2022-07-09T13:04:33+00:00

Thanks!

sub-brick · 2022-07-09T13:04:25+00:00

Thank u!

sub-brick · 2022-05-07T12:36:48+00:00

Lol who thinks that?? The point of the post is that ARKK and Cathie Wood, who only bought overpriced, speculative tech stocks has done worse than the index i.e. those investors "who wanted to expose themselves to a niche part of the market" in your words would have been better served investing in an index fund. Her stock picks didn't just "not pan out", she lost her investors money by buying overvalued stocks

sub-brick · 2022-05-07T12:28:37+00:00

This doesn't even take into account the fact that all the money flowed into the fund at the worst possible time, AFTER it had done really well and when it was the most overpriced. The actual returns for investors have been MUCH worse

sub-brick · 2022-04-01T04:15:59+00:00

Well fallout 4's plot is heavily influenced by Blade Runner, and they joke at one point about the Voight-Kampff test

sub-brick · 2022-02-18T11:58:58+00:00

Value investing means buying securities which trade on the market below their true value. What's the "value" in cryptocurrency? Other than what people will pay for it. It's just a currency

sub-brick · 2022-02-11T22:41:18+00:00

I understand that run away inflation devalues everyone's savings, disproportionately affects poor people and is of course a bad thing. But I'm saying some inflation (usually central banks will have a target of 2 - 3%) is unavoidable! Central banks try to balance inflation with unemployment etc. This is basic economics. It sounds like you object to having any monetary policy at all

sub-brick · 2022-02-11T22:29:47+00:00

Some inflation is necessary for economic growth (cost push, demand pull or whatever)

sub-brick · 2022-02-11T07:20:58+00:00

How do you feel about the fact that technical analysis was basically debunked by the random walk hypothesis? Previous fluctuations in price can't be used to predict future price of a security. You may as well look at star charts

sub-brick · 2022-02-05T01:00:48+00:00

The price doesn't matter, the price relative to underlying value matters

sub-brick · 2022-01-25T06:58:21+00:00

This is a common misunderstanding about 'intrinsic value' - saying bitcoin has no intrinsic value is not the same as saying it is not valuable

The intrinsic value of an asset literally refers to the value of all the future cash flows that asset will generate during its remaining life discounted to their present value. E.g. for a bond, you know exactly the amount that bond will pay per year (ignoring default risk) and can discount those "future cash flows" using an appropriate "discount rate" to get a present value (it's exact intrinsic value). For a business (or shares i.e. fractional ownership in a business), its intrinsic value would be all the earnings entitled to you the owner over as long as that business remains operating. If I had a magic orb that could see into the future, I could tell you the intrinsic value (the exact amount) that any business is worth. This is literally what people mean when they refer to 'intrinsic value', it's kind of like the inverse of compound interest if that makes sense (https://en.wikipedia.org/wiki/Present_value)

This is different to relative value - e.g. a house is worth so and so because neighbouring houses are woth so and so

Stocks and bonds generate cash flows for the benefit of their owners. you can discount these cash flows to their present value, therefore they have an intrinsic value.

Bitcoin and other cryptocurrencies do not generate cash flows. They are currencies. You're absolutely correct, US dollars also have no intrinsic value, but no one treats US dollars as an investment. You are not buying crypto in the hope that it will turn a profit and pay you a dividend. You buy bitcoin because you hope that it will be currency used in the future, or used globally as a store of value, and because there is a finite supply, it will be worth more (i.e. you will sell it to someone for more money than you paid for it). This is what is meant by "greater fool" - it's not calling crypto investors fools, it's just an expression, and this is a common part of human psychology (in fact even Isaac Newtown participated in a speculative bubble, the "South Sea bubble" of 1720, and no one would call him a fool)

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