We've been seeing this in both San Francisco and New York and every week it just seems to increase. Most of our moving company partners who never pay attention to any data are also starting to notice a pattern of wealthy residents moving out.
"Why Nations Fail" offers a pretty compelling framework for why some countries are stronger than others. Changed my thinking on the role of government.
Is the US run under capitalism? Seems much closer to some kind of capitalist-socialist hybrid with regulatory capture becoming more and more of an issue.
Health care and education are two prime examples of markets that have been regulated into the ground.
Arguments for or against HFT aside, the optics around HFT are pretty bad. Hedge funds getting rich investing millions in faster ways to trade isn't going to play well.
When outsourcing content have you always just hired freelance writers or hired agencies?
I didn't want to manage a bunch of freelance writers so I went out looking for an agency to help execute our content strategy but it seemed almost all agencies were pitching way more on helping with strategy and less on their ability to create content.
Not surprised Ivy Leaguers make more money, but that wasn't really my point. The value of a degree is going down while the cost is going up. This is true for all schools. Why I applaud going after fraud, we need to be focusing on the bigger issue that the university system at large is unsustainable.
I'd be curious to see some data on whether or not people graduating from Harvard today make as much as people graduating 20 years ago. My guess is Harvard grads today probably make less because there are more college grads nowadays than 20 years ago.
Agreed, the value issue has many sides- school and degree are important factors. If we didn't have gov't subsidized loans that can't be discharged through bankruptcy the system would have naturally figured this out already.
The value of a college degree has changed whether you get the degree from an Ivy League School or a diploma mill. All colleges are basically false advertising at this point. The settlement will make some politicians feel good, but the reality is the entire system needs to be overhauled.
I think you may need to forget who the author is for a second and reread this.
He admits luck plays a huge role in success [0] (especially if you're using the success of others to measure your own success).
He's saying competing with yourself is the best way to measure success and achieve fulfillment. This probably stems from a lot of people using him as a barometer of success in tech. Comparing yourself to others is a great way to be miserable forever.
[0] "Besides, you only have limited influence on whether you’re going to succeed at whatever you put your mind to. It’s by no means within your exclusive sphere of control. There are so many things that have to come together at the same time. Only a couple of which you own."