partial_accumen

Avoid the trap though. Things won’t just “happen” to make your life better. It takes actions and effort on your part to guide your life in the direction you want it to go.

Yep, thanks for the fact check. Peter Theil is certainly a trump advisor helping shape policy but he doesn’t hold an government office. I’ve corrected my post.

Edit: Redacted a mistaken identity

I’m not sure you understand what this article is or how our markets work.

The simple fact that somebody was able even to bet a billion is insanity that should never be possible to begin with. Nobody should have a billion dollars, let alone have so much that you can just safely bet a billion dollars

He doesn’t have a billion dollars. He’s a hedge fund manager that manages (at least) a billion dollars collectively of other people’s investment money. Its that money he’s betting.

Them he’s betting.yhst the economy will crash, basically, and we’re okay with that shit.

No, he’s not. He’s betting against only two companies: Nvidia and Palantir. He has a relatively small bet against Nvidia ($187.6 million), and HUGE bet against Palantir ($912 million). I’m not sure I’d bet against Nvidia yet, but Palantir is co-founded by Peter Theil, trump’s deputy chief of staff which job has a large influence on White House policy. If you ever watched the TV show The West Wing, this would be the Josh Lyman character’s job.

We already know trump’s favor swings widely and if politics are going against trump (as recent news show) then its not unbelievable that Theil might get the boot or at least trump would punish Theil by killing lucrative government contracts to buy Palantir services.

All of this should be illegal as fuck, and this guy belongs in a jail cell

The point of shorting a stock exists so that the market can express a view that they believe a stock will fail. This is an important “canary in the coal mine” for the rest of the market. The other option is a policy that you can’t criticize a company with any meaning and investors continue to put money into failing/risky companies without this important indication of the risk.

Frankly I don’t like your idea of jailing someone that says “The emperor has no clothes”.

The fact that he was even able to make that bet is incredible. How deluded do you have to be to think the AI bubble won’t burst?

Nobody believes the AI investment/growth trajectory we have right now will continue for infinity. What nobody knows is: when the correction will occur.

• Do you pull your investments out now and sit on the sidelines waiting for the fallout while your principal loses value daily from inflation?
• What does the correction look like when it happens? Does all the value evaporate on day 1, the first week, a month? This is important to figure out for this strategy to know when to go back in.

This is the info/decisions you’d need as an average investor. What Burry is doing is the riskiest type of investments with shorting the market. If growth continue to occur he and his fund will have to pay for the growth to those whose shares he borrowed to short.

In summary, its not enough to know that a bubble exists, but to profit from it you have to figure out when it will burst and when the full burst is done.

You’re a single player I see.

There’s a huge gulf between pub clowd and shitty on-prem.

We agree on this.

Redundant everything piped in. Redundant everything set up. We run VMs by terraform. Wheeeeee

For that customer of yours, is that a single datacenter or does is represent multiple datacenters separated by a large distance across a nation, or perhaps even across national borders?

Point is, posing shitty on-prem as the alternative to the clowd is moving the goalposts a bit.

I think ignoring that shitty on-prem represented a large part of IT infrastructure prior cloud providers is ignoring a critical point. Was it possible to have well-run enterprise IT data centers prior to cloud? Sure. Was everyone doing that? Absolutely not, I’d argue the majority had at least a certain level of jank in their infra and that that floor is raised with cloud providers. Just the basic facilities is enterprise grade irrespective of the server or app config.

deleted by creator

That work is still being done by someone in a data centre. But all these jobs went from in-house positions to the centres.

The difference is scale. When in-house, the person responsible for managing the glycol loop is also responsible for the other CRACs, possibly the power rails, and likely the fire suppression. In a giant provider, each one of those is its own team with dozens or hundreds of people that specialize in only their area. They can spend 100% on their one area of responsibilty instead of having to wear multiple hats. The small the company, the more hats people have to wear, and the worse to overall result is because of being spread to thin.

We need to ditch cloud entirety and go in house again.

For many many companies that would be returning to the bad-old-days.

I don’t miss getting an emergency page during the Thanksgiving meal because there’s excessive temperature being reported in the in-house datacenter. Going into the office and finding the CRAC failed and its now 105 degree F. And you knew the CRAC preventive maintenance was overdue and management wouldn’t approve the cost to get it serviced even though you’ve been asking for it for more than 6 months. You also know with this high temp event, you’re going to have an increased rate of hard drive failures over the next year.

No thank you.

Fantasy Football (gridiron) was started upon the NFL game stats. There have been repeated citations of injuries to players, including many CTE cases, and these players frequently come up through the ranks from poverty as a method to earn scholarship education and income. The exploitation occurs because for many players, this may be their best path out of low economic conditions and are coerced to play when injured, and frequently discarded by football when they become injured leaving them with nothing.

She absolutely might be, and anon should have a discussion with her to make sure that matches her preferences and desires.

None of those are industries build on (modern) slavery and exploitation though.

You haven’t looked very deeply at the American Football industry where Fantasy Football derives its data/basis from then, then I take it.

Shared values are certainly important. However, Anon may quickly learn that his importance on spending money on Fantasy Football, Warhammer, or automotive tuning (or whatever his hobby/vice may be) may also quickly get shot down by his alternate shared-values compatible wife when he finds one that doesn’t want a diamond engagement ring for being wasteful.

If anon is worried about the resale value of a wedding ring after the purchase, I’m not sure if he quite understands the purpose of a wedding ring.

Anon hasn’t figured out that what is important to her is what should be important to him on this one. Trying to rationalize with her that the diamond ring she wants from this (potentially) most important event in her life isn’t worth it is a sure fire way to ruin this for her.

In other words, he really does believe his opinion matters that much.

It indicates he wants it to, but its cognitive dissonance at best. If people did care about his opinion, he wouldn’t have had to put his thumb on the scale tilting the traffic to artificially point to his posts. People are leaving Twitter anyway, which has to prove it even further people don’t want to hear from him.

Perhaps he thinks that people give a shit about his opinions. He burned his bridges with conservatives by accepting huge government contracts and shitting on trump. He burned his bridges with liberals with is DOGE fiasco and by allying himself with trump.

The few disaffected people that hung on after those can’t be happy with Elon throwing himself in Ketamine trance on a regular basis. Musks has zero credibility with anyone now except his hand picked board members of Tesla Inc.

It’s also important to check whether solar overcacity is worthwhile in the UsA. Her3 it is not( anymore).

I’ll say generally speaking in most places it isn’t, however, once you go solar, you may increase your electricity usage as you move away from carbon based energy. Before solar we had natural gas furnace heating and two gasoline cars. Now we have two EVs and a cold climate heat pump with zero natural gas and zero gasoline consumption. So I wanted the larger solar capacity to cover the increases in electricity we knew we’d have.

Its worked out pretty well. We have fairly large electricity bills ($400ish) in Jan and Feb, a small bill in March, and usually a tiny bill (under $10) in April. Then no bills for the rest of the year. Also keep in mind that is TOTAL energy costs, no gas or gasoline bought anymore.

And buy them according and after you’ve done everything possible to insulate your house, whether in the colder or warmer climates.

In the USA there are silly rules that you can only get 120% capacity of your last years worth grid consumption as solar installed. So if one were to follow your advice and do all the energy efficient improvement prior to solar, then you would be restricted to getting a much smaller array. I understand why they have the rule, but its easy to circumvent by just having artificially oversized consumption for a year in your house, and you can then get the larger array you want before then doing all the energy improvements post-array installation.

Using half-worn car battery packs seems optimal for home use.

I’m not putting cobalt based (NMC or NCA) batteries bolted to the inside my house. Thats nearly exclusively what car battery packs are. Thermal runaway is too great a risk to bolt that much energy to a wall in the house. I am comfortable with LFP in the house though.