skysight-inc/HackerNews huggingface dataset:
>I disagree with that most of these oldies are 'cast aside', they actually fetch good money (if you can find them, they're collectors items)

They're collectors items that fetch good money because most of them were cast aside. :)
Planet hunting: Bode's law lives
> part of the operating expense is hiring professional managers.

I don't think smackfu meant to imply you'd be replacing lightbulbs yourself. But if you have employees who provide a service, and if they screw up it can affect your future income (and you therefore need to do some degree of management, minimal though it may be), well, that sounds a lot more like a job than retirement to me. It might not be 40+ hours a week in an office, you might not be writing code, but that doesn't make it retirement.
Lots of high-level functionality in their Creative Suite stuff is done in JavaScript. Photoshop and Illustrator in particular, also quite a lot of After Effects addons. Then there's a tool called ExtendScript which is a lightly customized JS implementation/toolchain for messaging and passing projects between their applications. That's the only coding I ever do nowadays, actually.

My guess is they're worried about getting hit with a legal brick too, since it would really mess up their roadmap. Maybe they'll develop a sudden enthusiasm for Python :-)
There are good and bad investments of everything. What matters is results. If the housing is a good deal and won't fail, then logically it is a smart move.

I don't think you can decide on a hypothetical without investigating. At the very least, this article has given you another point of view of a problem most of us try to solve every single day.
You Are Not Seth Godin
agreed, but pretty much every investment is about deciding on that tradeoff between risk and return
A better way to invest your money in real estate is to purchase a primary residence and (with some cosmetic improvements) sell the house (after 2 years) for a tax-free gain.

You get the obvious mortgage deduction, while living there as well.

I am on my 2nd house (I bought #1 in Metro Detroit in '08) with no experience fixing up houses, so it can be done.

Have to be willing to be patient and study the market. Generally, you make your money on the "buy"
Anyone have a transcript/summary?

I'm interested in what PG has to say, but I really can't spare an hour to watch the video.
I really believe this is true, from what I've seen around me.

That said, bankers and advisors know that this is somehow assumed to be common sense, and quite often use that as an argument to get you onboard investments that are not interesting at all in most cases (apart for them :-).
That's possible but quite unlikely, especially in the case of the machine we're talking about here. The ones that I know about that were bought almost 3 decades ago are either still around or have died in terrible ways, but none were 'cast aside'.

MSX and such, yes, I'd agree with you there.
This can be a better way to start in real estate, but it's also highly dependent on the specific market, timing, and your skills. It also doesn't scale very well.
Most property management companies are actually just managing the contractors who fix the sprinklers... those people aren't on your payroll. Usually property managers just take a fixed % of all the rental revenue.
It's really depressing. I still have a hard time deciding which is worse: bad paved roads or washboarded dirt roads. Decisions decisions...
Until, of course, next time they decide to change the privacy settings without telling anyone; or next time there's a glitch.

Personally I solve these problems by having a "no workmates or family members as facebook friends" rule. If I wouldn't be happy for them to see me at 3am with a bra on my head puking in a gutter, I won't friend 'em.
It is interesting how many things are "lost" due to missing meta-data.

Summary:

10. Stradivari: leading hypothesis seems to be that the density of the particular wood used accounts for the sound.

9. Nepenthe: most likely still used today, but historians are unable to pinpoint just what modern substance the Greeks were referring to

8. Antikythera: true purpose is still not fully known

7. Telharmonium: public’s fascination with the device waned

6. Library of Alexandria: contents burned sometime around the first or second century AD. Scholars are still uncertain just how the fire was started

5. Damascus Steel: supply of ores needed for the special recipe for Damascus steel started running low, and sword makers were forced to develop other techniques

4. Apollo/Gemini Space Program Technology: just because modern scientists have the parts doesn’t mean they have the knowledge to understand how or why they worked the way they did

3. Silphium: scarcity, combined with an overwhelming demand, more than likely led to over harvesting, which drove the plant into extinction

2. Roman Cement: recipe for concrete was lost during the descent into the Dark Ages

1. Greek Fire: weapon’s use seems to disappear after the decline of the Byzantine Empire, but just why still isn’t known
How long before Subway trains start getting dedicated wi-fi?
I can't believe that there's someone with such balls that he is ready to challenge the CIA. Not sure if it's genius or stupidity, but much kudos to him.

I don't agree with everything he does, but I think if it gets governments to stop making any random paper "secret" it will only be a good thing. Governments are becoming less and less transparent.
What's that got to do with Java?
On that "mortgage interest deduction" thing; are you saying that the US doesn't let you deduct from your taxes the interest you pay on an investment property?
Is just a demo Lorem ipsum. I didn't wonted to write "this is Footer " so I wrote "Content is licensed under a Creative Commons Public Domain License" you can put anything you like there.
This is genius. It provides one of the killer apps of Google Wave -- planning a trip with friends and sharing the photos afterwards -- but without all the extra cruft Wave added (new logins, no email integration, threading, branching and histories).
10 things non-technical users don't understand about your software
If `civil rights' means `equal (to whites) rights for non-whites' and `gay rights' means `equal (to straights) rights for gays', then the civil rights and gay rights movements are both `equalism'.

A group which sees itself as oppressed can't just wishy-washily campaign under a banner of `equalism' if it wants to effect change. It must first identify itself as a group of people with something in common, and which is somehow oppressed according to that something. This way it can articulate the problem it sees, and what needs to change. After that change has come about, then we can all just be equal people.
In praise of the imperfect
Adorable girls tatoo designs
On GirlsTattoos4U you all get all the information you need about desired girls tattoo.Browse the adorable designs,and find the best one that suits for you.
[Tinfoil hat on]

* Oracle is suing enemies of best buddy Apple (Google/Android/Java)
* Adobe is another sworn enemy of Apple
* Adobe has products in Java EE (ColdFusion)

[/]
Where's the risk of losing the entire income stream? Sure, it can burn down, but that's what insurance is for.

Or are we talking about the possibility that your occupancy may fall or rents may fall or maintenance costs may rise to the point where it's no longer profitable? That makes sense.
This seems to be a somewhat common practice. A pro football player (A.J. Hawk) just bought the apartment complex next door (bank shortsale). I was told he has bought several properties, fixes them up and rents them out to pay for his retirement.
Skip ahead to 4:00. The first 4 minutes were dealing with mic problems.
Write me some email, I can answer whatever questions you may have.
If you can bill $craploads per hour, why work 50-60 hours a week? I'd work 30. Maybe 20.
YC S10: The Definitive Demo Day Debrief
"Increasing the size of the workforce will tend to put downward pressure on wages."

I am also not an economist, but you're only covering the supply of workers. Do more workers = more money being spent = more products/services demanded = increased demand for workers? In other words, does it even out?

I have read that wages have decreased in the last few generations while dual income houses became normal, but I don't know whether those are cause and effect or have common causes.
I didn't see Tony Wright's article the other day, but I've just read it and the article linked here. I have a few comments.

First, for the rest of this comment I'll define income as 'what you've got coming in' and wealth as 'what you keep or what you grow'.

Most people fail to make this distinction (If you ask somebody if they are wealthy they will start talking about how much they get paid), but it's important, especially when thinking about how to optimize your tax situation.

Tony's article makes several assumptions:

(1) That you want to live a high consumption lifestyle. The $200k p/a first class lifestyle he quotes isn't necessarily what everybody wants. Even people with some wealth have to live within their means or they'll (as he correctly pointed out) lose it eventually.

I'd actually take a guess that a typical family wouldn't be able to spend $200k in a year if they did not make purchases whose primary purpose was to display status.

(2) That you would invest your $4m in a low-return investment.

(3) That you would invest the money in such a way that 100% of your income is realisable (subject to income tax).

The best strategy, imo, for somebody with a freshly minted $4m to play with is to put as much as possible into an investment where growth in their wealth is not realisable (which usually means buying property because appreciation is not taxed whilst it's happening [1]).

They have a balancing act to play because they want to invest as much in this way as possible whilst leaving enough in an investment that will provide them with an income substantial enough to live on.

As for Ryan W's article, I'd basically agree with what he said other than the part about buying a property with a mortgage. It would be better to buy a smaller property you could afford outright or partner with some other investors to buy the apartment complex (which has it's own set of problems).

[1] I might actually be wrong about this. I know I've read somewhere that there have been attempts to tax wealth directly in some US states. I've no idea how the govt would be able to do this in a workable way though - how to you value the appreciation in somebody's house when the only meaningful way to value a property is to sell it?
Project 11 Ventures: Hoping to rock out with lots of tiny investments
I think you are absolutely right in trying different things till one works. When the idea is right, when the business works, you will know, nobody will need to tell you.
This article is a bit off on one part. Damascus steel has in fact been reproduced, at least in part. (There's one southern blacksmith who did a demo on a documentary with a hydraulic press and his recreated Damascus blade cutting through cheap blades.)

One of the key reasons why the "recipe was lost" was that a part of the recipe resided in the hands of Indian suppliers of wootz. The Indian suppliers were managing to put trace amounts of vanadium into the steel, but then somehow changed their process so that this stopped. After that point, no one could make Damascus blades anymore.

Contrast this with Japanese swordsmiths, who maintain close relationships with their smelters. (Supplier relationships were supposed to be one of the keys to the modern Japanese economic success.)
True. Just one way most people could accumulate wealth in order to purchase a commercial or multi-unit property.
Facebook was just used to give an example of where/why/how people apply social stenography.

edit: add a 'why' and a 'how'
How do they know who is an asshole and who is not?
How does journalism fare in a world where algorithms trump messy chance?
That is not a killer feature. It may be a major benefit, but nothing like the step-change that digital cameras were. Think about taking photos at say a wedding, or a fashion shoot, or a birthday party -- how do you know when you've got the perfect shot on a film camera? You don't.

Getting music in 24 minutes or 24 seconds as opposed to 24 hours is not a killer feature. I think another thread hit it with spotify though -- the killer thing will be when you can just play any piece of music on anything and not have to worry about transporting something physical at all. It'll be great, but tricky to price.
You can make the market timing argument for any property. Like I said, I bought in Detroit area in Jan '08. Look at the numbers, the timing was awful. The purchase itself, was not.
Six Personality Traits of Serious Entrepreneurs
I've been thinking about this type of app a lot and i think it's a great idea and it won't be the last of these type of platforms. My prediction is there will be hundreds of micro chat sites in the next few years and there will be thousands of 'foursquares' similar to the way there are many, many "social networks" that aren't threatened by facebook.

1. Chat apps will appear for major cities that may or may not feed into a larger community. For instance, why doesn't someone launch 100 of these apps - Miami South Beach, Atlantic City, Vegas Strip, etc. I click it, i'm chatting with people I know are in Vegas and doing the same things... drinking and losing money, of course.

2. Reward systems will develop that are much more elaborate than a free beer for mayor. Pseudo-panzi-schemes with downlines, etc but tied to real financial rewards, to incentivize people to chat. For instance, you give people a share of ad revenue in proportion to how early they sign up in an area and how often they're online. Or prizes, or points that they can spend... Like groupon on top of chat?

3. Normal people will start to think of location based chat. Hashtags are a poor tech geek's way of filtering by location... if i'm tweeting to friends at a conference i wish i could prevent my friends who aren't there from receiving those messages. I know they don't care and don't want to be irritated at our elaborate tweeting about where to meet for the best Thai food in north america (which happens to be in Vegas, by the way). http://www.yelp.com/biz/lotus-of-siam-las-vegas
I think it is more of a what people want thing as glossy displays do look prettier when glare and other factors are not interfering.
Financial Illiteracy Is Killing Us
Having read all of his essays I have never heard Paul speak before. Seems like a pure gentleman.
When I was 24, one of my best friends who was two years younger starting researching the issue of how to invest for the long term and he also came up with the rental property plan. We both bought condos that we lived in ourselves for a few years and we have both had about 30 years of rental income from. He bought another couple small units, and he quit working as a programmer when he was 40, he and his family live very frugally, and he has done nothing but property management since then.

My problem with the article: taking on a lot of debt. Bad idea, in my opinion. It is best to own much less property and have no debt on it. Of course, who wants to completely retire? I think that the trick is to make small income property investments, try to pay them off within a decade, and always work on what gives you pleasure, and don't concentrate on money.
Q&A: Bill Gates - Microsoft and now
Java is not JavaScript. the two are entirely unrelated aside from the name.
Seconded. Video is such an inefficient way to transmit information. Shouldn't there be some service that does this for us? ;)
Mark Weiser's Dream Of Ubiquitous Computing (SciAm 1991)
While I agree that we shouldn't put people into boxes (figuratively or literally), the problem with what you're suggesting is that people become depressed when they don't know what society expects of them. This may be inconvenient, but it's true. Telling someone, "You can do whatever you want with your life; we're not going to tell you what to do" is effectively telling them, "We're not going to tell you what society values and expects from you; you won't get any guidance from us." It can be almost as bad to have too much choice as it is to have too little.
The Last Lecture by Randy Pausch -- http://www.thelastlecture.com/

Everybody should read it, or at least watch the video on Youtube. It changed my life.
How many investors in a throng?

Just wondering how many showed up.
I'm a great advocate of startups, but I'm also the first to admit I'm an asshole.
I did not realize, nor have I ever heard, that Oracle is best buddy with Apple? Why would that be so? I am not being sarcastic, just trying to broaden my knowledge on the subject.
You want to know my occupation? I get paid to rock the nation.
Have you even bothered reading the page ? There is also the video from the court case itself at the top of the page, it is a video actually not a commercial. The stuff at the sides is not propaganda either. Popups go away with a standard popup blocker.

Suppose its missing a big blinking neon sign on top of every item saying 'NEWS IS HERE', 'VIDEO IS HERE', etc. Jeez.
The penultimate guide to stopping a DDoS attack – A new approach
I'd like to hear what people think about REIT ETFs to invest in real-estate more indirectly. Do they bring most of the same potential returns as owning a building yourself, with the added benefit of diversification, or are they a completely separate thing?

What if that million was invested in a low cost REIT index?
True, though buying for appreciation is much more speculative, in my opinion, as opposed to buying for the return of a stream of cashflow.
One Hundred Years of Solitude- The English translation is some of the most beautiful writing I've ever read. The story is amazing and its understanding of people is unlike any I've encountered before, but the writing alone gave me a completely new understanding of what literature should really be.

It's been described as "the first piece of literature since the Book of Genesis that should be required reading for the entire human race." [1]

[1] http://en.wikipedia.org/wiki/Gabriel_Garc%C3%ADa_M%C3%A1rque...
I calculated my Klout Score and all I got was a chip on my shoulder
I love this about HN. Both stories get posted, and I can make up my own mind what to believe. I wish all news reporting and aggregation was this transparent.
The lad at Wikileaks have been framed last week in a fake rape allegation, allegedly because he refused to remove the previous files from his site. He is paying them back by releasing yet more files today.

The video on the top have the report on that, plus the report on Reuters, plus all links being shared at this moment all over the internet. That is why I submitted it, there is actually information in there, it is not a spam blog.
I love how his name tag is partially peeled off. Very casual and some how nice.
Texas Education Channel launched on iTunes U
This ia an awesome idea!
Actually, it's not financial illiteracy that's killing us.

Image for a moment that we were financially literate, what would be able to do that we are not able to do today and what would be doing differently? Being financially literate would mean we would be able to read. However, as soon as we would be able to do that we would be shocked and we would walk away.

What is killing us is not being able to financially write. Money is a medium that has been designed so that it can hardly be read let alone written. We need to redesign money. Money is a medium like all other media and it can be redesigned.
It seems like a matter of philosophy.

There are going to be distinct advantages and disadvantages with any investment philosophy you wish to make your own. The real question is what are your long term goals?

This is how I see real estate investment.

PROS
- After paying off the mortgage you can still sell the house for its current value. If you select wisely, this is an additional investment.
- Monthly income that is generated as safely as possible. Since you can select a good market to invest in, and even select who is moving in. You have as much security as in a monthly payout as you are ever going to get.
- Can be used to leverage other investments. Equity can be an incredible tool.
- Makes your credit score and personal financial statement look amazing. If profitable, of course.
- You can invest money to make continued improvements on the property. And potentially increase it's value.
- Can live there is your significant other kicks you out (haha)

CONS
- Limited mobility. If you invest in real estate with are with it for a while.
- High initial cost. Unlike investing in stocks, it is difficult just to buy 10 shares google. You have invest quite a bit of personal capital.
- Ties your investment to the community. Which may be a positive if you don't like the swings of the investment market.

To say that an investment can be unsafe, or it is changing from a way you know how to make money to a way you don't, is an invalid reason not to do it.

Any investment can be unsafe. Business lose value all the time. General Motors has lost value consistently, buying there stock doesn't mean that Google Stock isn't going to be a great idea.

As for a learning curve, there was plenty to learn about stocks while learning to invest in those. There was plenty to learn about your startup before you could make it profitable. There will be plenty to learn about real estate as well.

Ultimately, what are your investment goals? How much money do you need, and how are you comfortable spending? Do you need money for huge investments, or are you content to have a steady safe income?

I love the idea of real estate investing just because it seems like it could replace the income from my job. Therefore, I would not have to work. Also, it gives you a base of credit to allow massive loans for massive expansions in business.

Also, if you don't screw it up, it can be multi-generational income. Which is something you can not say for capital style investment.
FOSS.IN/2010 Event Announcement - India's biggest FOSS event
ColdFusion is built on Java.
> No company is perfect. But these recent moves seem to indicate that the axis of evil has shifted south about 850 miles or so.

I looked on a map and 850 miles north of Redwood Shores leads me to believe he is a) admitting Adobe (Seattle) was the previous axis of evil or b) bestowing the title upon Canada.

Well, that's ten minutes of my life I'll never get back.
We demoed a similar product we are using internally at gameplanapp.com called fergie and demoed it at the Singapore ruby brigade meeting a couple of months ago. Definitely not pretty but it has a plug and play architecture for different stats to track.

http://www.slideshare.net/mobile/gameplanapp/gameplans-panic...
The site should just redirect to Reddit.
Java is to JavaScript what Car is to Carpet.
Flash Builder, Flex, AIR, Cold Fusion and JRun are all Java based. If Oracle were to do with Java what Apple did with the iPhone and close off any third party tools Adobe could be in rough shape. It is hard to imagine that happening but Oracle does have some competing products like JavaFX and WebLogic that probably make it interesting.
That said, coldfusion is actually implemented via bastard hellish Java classes attached to a demon spawned plethora of angry revenants turning the rusty wheel of the terror inspiring demonic abortion that Adobe does indeed currently hold dominion over, those 12k p/a fealty bonds they get from their thralls does make them not quite as disinterested as you might think.