Intriguing, it seems a bit too tedious. Also, I get the impression there is nothing more about thos post than jist trying to sell their product. Does anyone have a video better explaining the stacking concept?
I myself do this sort of thing, but manually, without extra tooling. I haven't tried their product yet, but I have heard people say good things, which is why I'm reading their blog and submitted the post.
Software can't be reverse engineered by looking at hardware. The hardware that we use could run arbitrary software, so you wouldn't be able to find out which software it is running.
Spare yourself the time, it's the typical 'rich kid uses rich family/friends money' story that's not exclusive to stocks or Startup World; instead what's worth noting is that their is still enough excess capital in the Market (retail) to be thrown at meme stocks without the stimulus' that were supposed to be the cause for people not 'wanting to work' anymore. I never believed that narrative, but this further proves that low wages coupled with low employee participation and large pools of under utilized capital will continue to seek yield in the most obscene ways to years to come with lots of forth in the Markets--just so it's clear, this is less 'capitalism is broken' and more we are experiencing the harsh realities and backlash of massive QE since 2008.
These things have always had a boiling point, and this kid seems to have gotten the nod to sell and take profits and hired a media publicist to self-aggrandize himself and maybe mark a sell-off, but just like GME they are doubling down trying to take down the 'hedgies' again. These always were rigged markets, hence members of congress being able to invest on insider information, but what comes of this is always the real interesting aspect.
What I always wondered was how exactly does paying large short terms capital gains tax, assuming it's not at a loss, and paying fees to these trading platforms translate into taking down the system?
It was hard to watch during GME, but now it's descended into full-on debauchery you'd expect from a low-budget Wolf of Wallstreet now (Melon Kunis) reboot. I guess that's to be expected of a place that worships 'Pharma Bro' but overall it just goes to show that greed, just like stupidity, are ultimately scary in large numbers.
No. Because companies are already doing this. At least for my employer they’ve told us that they talk to their “peers” in the industry to set prices for labor. So more a yes and a no.
BUT if candidates were able to know what the bands are they could move wages to a more fair equilibrium. Here’s how I think it would play out.
There are two scenarios. If radical transparency were to be enacted AND all companies share the numbers before hand putting all their equivalent roles at the same salary levels then not much would change since I think this is already happening at least in Europe and specifically in Berlin.
But if companies started publishing this data over time say over months such that all information about salaries and compensation outside of wages was revealed in say 18 months (giving the market time to adjust I.e folks to leave to go to higher wage paying firms) then workers could readjust their wages to a more fair market rate. This is how I think things would play out — or so I hope when in reality it’ll likely just be the former case.
People will fight for salary transparency and the firms will give it to them but they will have shared salary information already because a Python engineer is a Python engineer whether they’re at a mid level company or a FAANG company. And then nothing will change other than folks will likely all try to cluster around the top end of their now disclosed salary bands — more folks will get marginal raises I guess but it’s not the large shift or readjustment of entire sectors and employees I had hoped for.
What assures them that non "Big brain" people won't do the same thing?
I think for most people it would more interesting running through the scenarios in your head, instead of listening to other people (lawyers) speak.
Their experience, I guess. I know that, of the university professors and professional engineers I know, they are some of the smartest and also some of the dumbest people I've ever met. It's like they invent new ways to be wrong, sometimes. I can easily imagine any of them in a jury room talking complete nonsense about who did what and why and how the law shouldn't be that way or mean that and so they have to acquit--anything but actually listen, follow along, and apply the judge's instructions.
A stupid person can make only certain, limited types of errors; the mistakes open to a clever fellow are far broader. But to the one who knows how smart he is compared to everyone else, the possibilities for true idiocy are boundless.
Whether a certain amount of inflation is good or not, is definitely not up for debate. Nobody wants something that is a medium for value to become so valuable that you can't use it for its original purpose.
