- BJones12 parentYou might welcome them all, but you don't have jobs for most of them.
- Profitability in both 3 month and 12 month spans. Also minimum 12 months of trading history after IPO.
See page ~9 of https://www.spglobal.com/spdji/en/documents/methodologies/me...
- > The point of rent control is to smooth out volatility. Rents can still go up, but the goal is to avoid sudden 150% increases etc.
Is it? I mostly see rent control maximum increases below the inflation rate, suggesting a different goal (appealing to voters?). If it were just to eliminate extreme volatility I think we'd see more 5/10/20% increases and less 1/2/3% increases.
- > Historically when a pendulum swings one way, eventually it swings back. But I'm having trouble how we're going to swing back, when both sides have swung to and then doubled down on polarization.
It may not have to. There are societies where men and women can vote, and there are societies where men can vote. If there is enough male anger at the left then men can disenfranchise women (heavily correlated with Democrats) and the left loses viability due to lack of votes. And that can be the new stable equilibrium.
- I think there's truth in the idea that if people think their only chance at a good life is to win the lottery, everything will become a lottery.
- > Back in my economics classes at college, a professor pointed out that a stock market can go up for two reasons
Reason #1 is lower interest rates, which increase the present value of future cash flows in DCF models. A professor who does not mention that does not know what they are talking about.
- > It's maybe the case that books as a whole is a winner-takes-all market.
It seems that any product with effectively capped consumption will become a winner-take-all market. People go to the movie theater 6 times a year, so that's winner-take-all. People read 12 books a year, so that becomes winner-take-all. People go to approximately 1 university, so while an average university has 200 million in endowments, Harvard has 50 billion (250x). Heck, I'm pretty sure the same factor is leading to the rise of megachurches because people are only capable of attending approximately 1 service per week.
I recall the book Blockbusters by Anita Elberse (2013) being one of the first to point this out.
- From my understanding there is an argument about whether 12% or 16% of children meet a certain threshold of food availability, which affects whether or not it is called a famine. One is regarded as not a famine, one is regarded as a famine, and there is argument over what data to use.
And the definition does matter, because 'famine' has the meaning of a certain level of bad thing happening. If we do not preserve the meaning, then the word will not have a meaning, then we have no more word to talk about that bad thing, so we will pay no attention to averting or fixing the bad thing because we don't have the literal ability to talk about it.
I'm in favor of being able to have a productive discussion about famines and how to avoid them, so I'm in favor of having a word for 'famine' with a clearly defined meaning.
- Definitions matter. It's possible for an organization to redefine "acutely malnourished" as less than 4000 Cal/day, and then use that to make an accusation. Is that reasonable? No, because that does not match reality. It's unreasonable to criticize pushback on changing definitions because definitions should be pushed toward reality.
- No, PEI does not have a lot of remote workers. AFAIK the main provider of tech jobs there is government in various forms, and they mandate several in-office days per week.
It's just a place that is geographically disconnected from the mainland, and it rhymes.
Source: I work with some people from PEI.
- > Mainstream Christianity gave us Trump, so it's not exactly the moral foundation it claimed to be.
I think it's worth taking a closer look at what Trump is to the American and religious right. Some people think he's their savior, and that they approve of his actions. I don't. I think he's their champion, in the historical sense - a champion is one who fights for you. A champion is not above a king, but is useful, admired, and dear. I think the usefulness of Trump was proportional to the number of culture wars that the American Christian population was losing a decade ago, and is now winning. Some of those battles were dumb, like even AOC deleted her pronouns after the last election, but the fact that they were being fought meant that people needed someone effective to fight for them, and the most skilled fighter was Trump.
> There are plenty of ... factions that could potentially salvage it, but how will any of them get traction?
I think they need to figure out how to provide the most value possible to the population, and I think that following the teachings of Jesus is integral to this. I also think there are a number of things that must yet be figured out by trial and error.