rinaldo00's latest activity

Many businesses saw Covid lockdowns cause a huge surge in sales and like idiots they extended the line on the graph for another 5 years. Now that people are going outside again they are scratching their heads at the downturn in sales. Top Men

5000 achievements, crazy.

Time to bring back one of my favorite quotes The road to hell is paved with good intentions.

This is not about NFTs but if you fall for a phishing scam you were not hacked. No security in the world can save you if you give your keys to the thief.

It was just an intro macroeconomics class. When the professor of the class wrote an equation on the board and then graphed it he began talking about the slope at various points. I raised my hand and asked him why not just use the derivative of...

I have Steam running with nothing disabled and a game running in the background that I alt-tabbed out of and it is taking up 82 Mb

Well sure, it works both ways. Investors can think a company has intrinsic value were there is none and investors can pass on companies that they think have no intrinsic value that become big successes.

No, but blind deference can be just as bad. Not saying you're doing that, but some people usually invoke the opinion of experts to shut a conversation down. Especially something with as many interpretations as how economics work. Flying a plane...

I have an undergraduate degree in mathematics and a graduate degree in engineering but I took a class in economics. I have a low opinion of economists for a wide range of reasons that is way off topic. Milton Friedman is a Nobel prize winner...

It was this post that I had trouble with LukeTbk said: You think that the ability for a company to get investors via something that is like a stock market has no value ? If Apple tank tomorrow just because every owner outside me sells their...

Sigh, I never said the stock market has no value, stop claiming that I did. But you seem unwilling to admit that there is amazing wrong with it. That companies can be over valued, that their stock market value can go to zero, that those companies...

Yes, yes, expertise like Paul Krugman. LOL

There is a good way to determine how relevant RT is now, hold a survey that asks people buying a new GPU how important RT was in their decision. I'm sure that study has been done.

You want to focus on all the good things that the stock market does and none of the bad. By no means has the past 200 years been angelic but things have gotten much worse in the modern age do to technology...

My point is that the stock market is extremely flawed. What once was used as a means to finance a new or a growing company has now become a plaything. The stock market as designed was an extremely useful tool. However, it is now filled with...

I think NFTs are stupid but there IS a way to justify them. The art market is just as phony but the notion that I can prove that I own the original is the same. Just as you can sue and prosecute people that deal in forged art people will sue...

OK, that made me laugh.

No, fraud was not the major cause of the burst. It was due to companies that no tangible worth, no great new ideas, but got got investors to pour money into them because venture capitalists were afraid of missing out on the next big thing and...

Theranos was a Silicon Valley tech company, and don't forget the 90's dot.com bubble burst.

My analogy is not perfect so let me try to improve it. I could pay an expert forger to reproduce an art masterpiece to the smallest detail that would fool most people but an expert could tell the difference. While on the surface it is true that...