jklein11

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há 9 diasdiscuss

I asked Fable if i should go to Small Cheval in Rosewood before my flight. It told me that I should go to the one in terminal 3 instead, its right by the k gates at the food court. I got there and.. there was no Small Cheval.. seems like Anthropic still hasn't figured out how to prevent halucinations...

há 22 diasdiscuss

A few will write low level code that will make all code behave more memory efficiently.

há 4 mesesdiscuss

noice

há 6 mesesdiscuss

You are a professor and unclear on the difference between harder and hardest?

há 7 mesesdiscuss

How do you make sure that the folder structure is helpful and it doesn't just shuffle my files around in places I will never find them?

há 7 mesesdiscuss

If you don't need an account to send a fax, how do you comply with law enforcement's requests to identify who sent a specific fax? I would think this would open you up to significant liability

há 7 mesesdiscuss

Depending on the content you are torrenting it might be a crime. That goes for Torrenting while seeding too though

há 9 mesesdiscuss

Equities and "delta 1 assets" are very liquid, meaning there are a lot of buyers and sellers. This helps to make price discover more efficient. Anything outside of that means that there is much less liquidity and therefore inefficiencies in price.

Think about it this way. You are trying to sell an apple. In one room, there are 100 people trying to sell an apples and 100 people trying to buy them. In the other room there is 1 person trying to buy apples and no one selling. In the first room you don't have much leverage. The buyers can go to the other 99 sellers if they don't like your price. In the second room you have a ton of leverage. If the person wants to buy an apple they are either going to have to buy it from you or wait for another seller to enter the room.

When it comes to non equity or delta 1 assets, there tends to be more complexity in understanding the assets, which acts as a barrier to entry. If you have been in investment banking for 6+ years, you likely understand these complexities and can find pricing inefficiencies.

há 10 mesesdiscuss

FWIW - Claude code has always done that for me

há 5 anosdiscuss

I think you are reading into my post too much.

I am trying to wrap my head around these rules regarding IRA transactions. I’m certainly not trying to defend Thiel here. Would you mind pointing me to what in my comment lead you to that conclusion?

Also I would be shocked if there aren’t directors at publicly traded companies making under 208,000 and are filing jointly in a single income household.

há 5 anosdiscuss

But then what do they hold in their tax advantaged accounts? Can they not invest in index funds there?

há 5 anosdiscuss

He invested a tax advantaged $2000. If he had invested that $2000 in the S&P 500 in 1995 he would have a tax advantaged $25,000. He would have been out that tax advantaged $25,000 if paypal didn't take off. Instead he decided to make a much longer shot bet and for him it paid off.

I can understand adding legislation that would tax distributions on Roth IRA's for billionaires. Thiel would be fine if he had to pay taxes on that windfall.

I just think that it is a mischaracterization that he isn't paying his fair share of taxes. To me, it doesn't seem like he did anything wrong. He took advantage of a system that is accessible to everyone.

há 5 anosdiscuss

Can you explain how?

há 5 anosdiscuss

Oh that is interesting. This must get very complicated for officers or directors of companies in the S&P 500. Could you not buy index funds that hold shares of the company you work for?

há 5 anosdiscuss

>But if you work for a company <i>owned mostly by your Roth IRA</i>, that's easily abused.

As I understand it, you can't own a company that you(or a relative) own a controlling interest in with your IRA. I can see the sense in this because if own 20% the person(people) who own the other 80% have an incentive to make sure I'm not playing any kind of games with the finances.

In the case of Thiel, it seems like he took $2000 and made a moonshot investment in Paypal. At that point his investment could have just as easily went to $0 as it was to hit $5 billion. He took the risk, why shouldn't he have gotten the reward?

há 5 anosdiscuss

I'm having a hard time figuring out if you are being sarcastic or not.