skysight-inc/HackerNews huggingface dataset:
One question I have about Burry's comments that isn't (directly) addressed in this article relates to Burry's observation that trading volumes are remarkably low relative to the value of assets pegged to the equities being traded. For example, he remarks that over half of the S&P 500 stocks trade under $150 million daily, despite trillions of dollars in assets globally indexed to those stocks. (And he notes that almost half of Russel 2000 stocks trade at less than $1 million during the day.)

My question is, does this imply that there's substantially more synthetic indexing (without ownership of the underlying securities) than we realize? If there are trillions in indexed assets where the funds owned the majority of the index components, wouldn't average daily inflows lead to higher trading volumes than we're seeing? Or are the market makers such a huge portion of the market that they act as a massive collective buffer causing very few shares to actually be traded?
LEGO was built on the premise of patent infringement and the blatant copying of others designs. They have a 'play nice' slogan that they use to try to pretend that they are 'playing nice' if others play nice as well but they're quick to engage their legal department.

The LEGO brand is forever tarnished by this.
The problem is the only constant is change. Customer requirements are rarely static. So it's incredibly important to put thought into designing code that's also flexible and maintainable. Because what will happen is customer will inevitably thought of feature X or find bug Y and if they find out it takes a week to fix it, they won't be happy.

But I get what you say about doing those other things to make sure you don't run into the problem of changing requirements.

Part of the problem though is the varied skill level of developers and adequately timing the completion of these tasks. Most companies never budget appropriately for design and just expect banged out code. And there's not enough push back from developers on this, therefore it's become an expectation.
Bankruptcy .... when people use the word 'restructuring' it typically refers to some sort of change in the capital structure/ownership where by equity and maybe even some of the debt is either wiped out, worthless.

When accepting venture funding, the VC capital will come in as preffered equity which is similar in some ways to permanent debt with no interest payments.
Cloudfront Is Down
down for me in north america
Hi @atourgates - Shawn (Founder of Finnbin) here. Not all of our baby boxes cost $300+ - our most basic baby box starts at $65 (https://www.finnbin.com/products/babybox-boxinet).

To answer your comment & questions: The reason our most expensive box (The Finland Original) costs $450 is because it contains over $700 worth of stuff - at least on the shelf if you are purchasing each item individually. For a bit more insight, the bulk of that cost is the organic clothing that we include. Also, baby boxes have a lot of volume (or dimensional weight if you want to use the shipping jargon) so baby boxes are incredibly expensive to ship. Because most consumers would be shocked at the actual cost of shipping, we've factored shipping costs into the total cost of the box.

To answer your question about what the government pays for these: Finnbin does have contracts with hospitals, insurance companies, and government entities who typically purchase hundreds boxes at a time and often thousands - The average metro hospital does about 1,500 births per year. Like any other product, volume orders obviously get a price break and because baby boxes take up so much space, they also tend to receive the boxes on a pallet shipped flat - which can also lower their costs. Each government order is slightly different and thus there is no specific cost to a government entity, but they still pay in the hundreds of dollars if they are purchasing the baby box containing all of the goods.

Happy to provide additional insight if you'd like.
That's something similar to what I've been doing lately where I've been trying to use colour palettes I like from other sites in my own designs but it's so hard to get the feel right... This is probably why design is its own full-time job!
Yes. If you can exercise at a low price then all of your gains after that will be taxed at capital gains rates instead of ordinary income rates.

Note that if you just started you can likely "early exercise" all of your options right now by filing an 83B and paying the company the strike price. You generally have 90 days from the date of the option grant to do this.
Stripe Capital
X3D itself predates both React and A-frame, there is even X3DOM to use it with WebGL: https://www.x3dom.org/
I think the calculus for most people is: This job is paying me a lot and I don't want to leave it, and I do think that this company can be a net force for good in this world (easier to believe at Google than at Facebook). But I don't want it to do bad things, and if I damage the brand publicly, the company will still survive, but will think twice about doing something like this in the future since they won't be able to just contain it internally.

The people who are just purely about the money won't care enough to protest at all. I think the protesters' intentions are in the right place.
Let’s Encrypt Cloudflare
>marking up an investment with a tiny secondary round

Maybe a $2B round is tiny in the face of annual losses of $1.9B which was 2x the loss from the year before.

Who really knows anymore, maybe doubling your losses is just another metric VCs can spin as positive growth. After all the Unicorn IPO mantra seems to be, but we can stop our billion dollar losses whenever we want and then its all profits.
Yeah I'm surprised more people didn't bring this up. It is a very basic step that is required for a lot of security certifications. I'm actually pretty shocked segment didn't have it in place.
Show HN: Big Ideas and Books Explained Simply
Thanks for those precisions
It'll be interesting how much of the confirmation & consistency bias forces SoftBank's hand here... will they throw good money after bad?

The board of directors at WeWork is crazy dysfunctional as well... Im guessing no one has a questioner tendency, they all just went along with whatever BS they were told by the management team and nodded in order to maintain group cohesion and avoid being labeled as "difficult".
The only way to compete is stay ahead and provide something others don't.

If apple copy your only feature, you'll need a new hook.
From experience..

Old company is renamed something like "legacyabc"

A new company is formed with the old company's name. All personnel and IP is moved to the new company", all debt is left in the old company. Original share holders get a big payout.

The old company is now worthless. Shares are now worth less than the original strike price. Original company is likely dissolved.

Bad luck.

Generally you'll have to sign a new contract in the new company to keep working.

If you're really unlucky, your L1 (or w/e) visa is tied to the old company, you now have to leave the country, and can't easily transfer to this new company.
No, but the airlines can just not sell you the ticket.

This just pushes the watchlist into the private sector. Airlines who fly persons A, or B, or C will be subject to additional insurance premium X. So guess what will happen? Just as bars, and restaurants have a list of people they don't let in anymore, the same will manifest itself with airlines. As soon as you present your ID, you'll be turned away by the airline's computer.

This is kind of the issue, the Constitution only really protects you from the government.
I've tried mindfulness and melatonin before. Definitely took melatonin long enough to get the side effects. I'll try to get back into mindfulness but it was a difficult habit to form.

Thanks for the suggestion, I'll definitely check out this pillow.
The profiles and declarations of 100's of users of HN.
Always take cross-nation comparisons of statistics like this with a grain of salt. It's rarely a guarantee that each country tabulates statistics using exactly the same parameters and methodology.
Looks a bit modular. Seems you can change the WiFi card. I wonder what's that other exchangeable bit to the right of it?
thanks for the ad!
I'm not surprised by Hong Kong, but why are Canada and Australia so low?
> People used to fight for these rights. What happened?

Everybody got convinced that a) those rights will be used by those people who obviously don't deserve it and b) those rights will make life harder for them when they become billionaire business owners.
Many of the college kids of 2005 are now divorced, with kids, and desperately trying to fit dating into their busy lives.

I suspect that's a market potentially more easily attracted by the relative convenience of Facebook Dating compared to other services where you have to do more work to build up a profile and figure out UI, etiquette, etc.
Nice. Really cool idea.
Stock options are often for common stock and if its in a VC backed company, the VC's will invest in the form of preffered equity which is like permanent debt with no interest payments. If the company is sold for 20% less than the last round, the VCs will be paid first and the common equity gets what is left over which could be 20%, 50%, 100% lower than what you thought you might get. So be careful....
>I worked at IBM

Something completely unrelated to Mach, what do you think of IBM then, IBM now, and IBM's future.
> Okay, try putting "Card-carrying gun owner and anti-abortion activist" on your resume and apply for big tech companies.

Well, a resume isn't a place for that sort of thing at all, but I do pretty much that now. My name is unique - look me up. For what that's worth, a good portion of my posts even here on HN have something to do with guns. I try to be more "informative" than "confrontational", but that's because of the nature of the site more than anything else. I'm here to discuss, share, and learn, not to argue.

I'm definitely a "card-carrying gun owner". I literally put guns in the hands of children on a regular basis (I'm a 4-H youth firearms instructor), a past board member of a state gun rights organization, and an outspoken advocate for the recognition of individuals' rights to both defend themselves and to own and carry the most effective tools possible to that end.

It would be fair to say that I'm anti-abortion as well, with the caveat that I'm much more anti-government. I believe abortion is a terrible thing, but I also believe that giving government the power to prevent it would be much, much worse.

> Or hell, even start a personal blog using your real name talking about opinions that are anathema to coastal dwellers.

I need to redesign my blog, and post more often, but hey - it's still in my real name: http://www.lyndsysimon.com/category/politics.html

> If you actually had opinions many people disagreed with strongly, you'd be bullied and held back as well.

Did you read my last paragraph? I'm an anarchist. The license plate on my Jeep is literally "ANARCHY." I'm actually not sure I could name a political position that's more strongly opposed by more people.

[edited for spelling]
Slack is kind of like what google wave should have been.
>If a flurry of investors rush to enter or exit an ETF, then a huge amount of trading has to be done to create or redeem the shares. Just because the APs create this trading impact, instead of the fund itself, is a distinction without a difference. The underlying stocks in the index are subject to market impact.

But the trading isn't the cause of the market impact, it's the redemptions that occur first, and force the trading. There had to have been economic or financial reasons for those redemptions to occur. The fact that when everyone tries to sell at one, there's aren't enough buyers is a story of the ages. That ETFs will suffer the same consequences in a run is hardly unique to them as financial assets.
does the contacts app support carddav?

I am thinking birch or chestnut sounds fun
Amazon All-New Fire TV Cube, Hands-Free with Alexa and 4K Ultra HD
I'm honestly just surprised that "secret crush" translates to other languages
Home ownership and dealing with neighbors is all about picking your battles. Getting into a war over a light is just not worth the effort, when you have a simple solution. Chances are someone else will bitch anyhow. Save your ammunition for the inevitable future issues.
> Even if one of the underlying stocks becomes illiquid

Burry’s money quote in the original Bloomberg article was on limited liquidity for a largish number of stocks - over a 1,000 stocks in Russell 2,000 weren’t traded heavily (by his benchmark).
SaaS Company Uses Customer Pain Points for Content Creation Ideas
It's important to distinguish market cap based indexes and other asset class indexes. Small and micro-caps are notoriously hard to trade but mega-caps typically have much higher liquidity. There is a much higher chance of a micro-cap passive fund having a liquidity problem then a market cap index fund.
That sounds about right for where they are in the development process right now. Anyone expecting a remotely 'consumer' device experience should be waiting for the Evergreen release at least. Only early adopters willing to deal with some pain should be jumping in right now.
> if there is a stampede for the exits, there still have to be buyers on the other side of the sellers

That is a key point in the debate. I do not see that above is necessarily true. Say a price of a low volume stock X is driven down below fundamentals just because index funds have to sell 1% of holdings and cannot find enough buyers for X. While price of X might be irrational fund managers might not be able to act on it because there would be a worry that it may go lower still if selling extends.

Could next round get X removed from index? delisted? "The market can stay irrational longer than you can stay solvent" is not an empty worry. My 2c.
> 3. NMR systems where the nonce isn't necessarily large enough to safely use randomly, but the system doesn't fail catastrophically on the rare occasions they collide.

That's what I'm interested in, yes, though making the nonce bigger is also on the table. Ideally I'd like to do both.

> If you're trying to do cryptography on systems with no functioning random number generator, my presumption is you have bigger problems than which AEAD you're using.

We aren't really trying to do that, but our stuff runs on a ton of devices and we want to maximize its robustness across that device population. If someone puts it on a device with a crappy random source their security will be impacted but we wouldn't mind minimizing that impact if possible.

> * FIPS is bad, and a requirement to be FIPS-compliant will ultimately harm the security of a cryptosystem.

I agree that FIPS sucks. Bureaucratic requirements arounds security suck in general since they perpetuate a box-checking CYA mentality while hamstringing real security measures.

Unfortunately money doesn't suck and bureaucratic organizations control most of the money on this planet. Reality is what it is.

> You will better answers on Crypto Stack Exchange than on HN, though.

Agreed. I didn't post this here, someone else did. Crypto Stack Exchange is very good in my experience. It seems to have taken over the niche from the old Usenet crypto groups.

BTW I also do like WireGuard and if ZeroTier were redesigned today we'd consider the Noise framework it's based upon. None of that stuff existed when the design was originally made. As it stands we have a large user-base so backward compatibility matters and our goals and constraints are a little different from WG but we would like to evolve toward better crypto that is closer to what Noise accomplishes.
No way. This is looking at yesterday's decisions from today's zeitgeist. Without Grindr and Tinder and the other apps paving the way culturally, Facebook date would have creeped out their user base.
It will definitely be very chunky if they fit 2 MPCI modules on there
As usual, Slate Money had a stellar podcast segment about exactly this two weeks ago. I recommend having a listen.

https://slate.com/podcasts/slate-money/2019/08/slate-money-a...
It happened to me as an employee - during an acquisition we were force liquidated at a price that was just above strike. A few people made some money, but most people made a couple thousand dollars. A couple years later we all got checks in the mail for reimbursement on overage from tax withholding.
Wow, super cool and they also allow you to provide Stripe Capital through connect to your customers!? Insane.
Is this documented somewhere? Are there other endpoints available by default under /cdn-cgi/? I looked around a bit but couldn't find any official documentation of this.
why so cynical? he didn't mention any brands or post any links.
>Everything about it says "throwaway add-on" that they haven't spent any real time on optimizing.

Maybe this is a little unfair considering it was only a beta. Isn't a cornerstone of agile to get an MVP in front of users and iterate on user feedback? It doesn't seem right to judge any software based on a beta experience alone.
A Note on Character LCD Displays
> The most telling thing about America is that we honest to goodness keep infant formula in grocery stores...in security cases.

Not in any store I have ever shopped in.
Keep in mind that this analysis focuses on features which are still in beta; while YugaByte DB advertises SQL features throughout their marketing, the documentation does state that SQL isn't production-ready yet. We should expect bugs at this stage! :-)
Thanks. I am surprised it has any effects on sleep apnea. What's you personal opinion about the why ?
Also, an extra SIM card is a useful option in case one network goes down.
Hi would you be willing to share your undergrad dissertation?
All of these are based on trusting the owner of the cameras to not do bad things (they could start recording. How would you know?). Which is no better than with differential privacy (you're trusting them to apply these protections when they say they do).

How do you know the cameras aren't recording? How do you know the resolution isn't lowered before being made public? How do you know there aren't other cameras that aren't made public?

If you're going to use a threat model that assumes malice on a "trusted" organization, you should do so for all such organizations: whether they be google or a government. It's only if you assume google isn't trustworthy, but governments are, that your threat model makes sense.

If you don't make that particular set of assumptions (and even if you do in many cases!) differential privacy is a net win.
Meat Shields work both ways -- it's also to shelter mgmt from the sausage making process and to keep clusterfucks from taking up the time of higher level resources and managers.
Adult Children on the Pain, and Joy, of Caring for Elderly Parents
16×2 LCD Display Interface with Arduino
That 500 microsecond number is from a 1993 paper on 1991 hardware (a 50 MHz 486DX-50). Your HFT code wouldn't load on it, and in 500usec it would be lucky to do a single float^float power operation.
I'll be trying CBD as well. I go through weeks where I just can't sleep before 5-6a, no matter what I try. I've been thinking about weighted blankets, I've tried sleeping masks or trying to get my room as dark as possible, etc. Just doesn't work for me. So I started trying weed, and that'll almost instantly put me out. The only thing I don't like about it is the feeling of being high, so I'm hoping CBD comes with the sleep effects without the high. I also think the ritual itself has something to do with it. I'll brush my teeth, take my contacts out, wash my face, and then smoke. That has the added side effect of being off my phone for 30m+ before I try and sleep.
> I don't think those are fair comparisons

> I built the standing desk because it fits my exact use case

Maybe, but I don't think my original comment was unreasonable. Funnily enough, today I went to hackernews and the top comment on story is a guy who put a black garbage bag on his bedroom window to blackout the light[0]. Then I realized that guy was you.

[0] https://news.ycombinator.com/item?id=20885736
Yes, but on Tinder the profiles will re-appear later when you go back to swipe again. Other apps allow general browsing and better photo viewing too.
Minor bug report in case the author's reading: in the "maps-and-globes" section it says "Change the projection in the dropdown below to see how they differ" but starts out with that dropdown populated with geoAzimuthalEqualArea while showing the projected map for geoMercator.
I am perfectly fine tweaking software, but getting an unfinished hardware build is pretty hard to swallow for the price. This isn't a dev build either, it is supposed to be the final end product. To me it sounds like they are trying to release an unfinished product so they don't miss their ship date again. I would much rather have the ship date pushed out and get the finalize hardware.
Thats not flippant AT ALL - i was going to pose the exact same question!
Yeah and there's a reason the tech moved on from that. It was a LOT of work on both ends to negotiate and monitor the relationship. Instead now we have a central broker who both parties work with that has set up a computerized way to manage these relationships.

Personally I think the solution that lets us keep ad supported content and easy ad placement would be for Google to force companies to provide bots they could run internally so the profiles never leave Google's datacenters and strictly monitor the output so the buyer bots don't leak information back to the companies. I think that would do a lot to alleviate the privacy concerns and breaches and is honestly how I though ads were being sold for the longest time instead of profiles being sent to companies buying placement.
Objectively speaking, I'd suspect the causes are

1. A few bad apples. After security breaches (Apple, Adobe, Equifax), it unfair to say that all software developers fill their products with atrocious security flaws.

2. A jaded outlook. When you spend most of your day with people who lie, manipulate, and assault you, it's easy to sop caring about their rights.
Ask HN: What do you wish you'd done sooner?
Startup life often feels like fumbling around in the dark, and many strategies/ideas that end up being fruitful don't seem the most promising before you try them.

What have you done that ended up being much more successful than you'd expected?
>Derivatives written against sub-prime holdings tipped the balance when the fan was hit

There's a bit more nuance to it: those derivatives were a problem because a substantial proportion of them were concentrated in a single, widely-connected, entity (AIG).

The derivative market as a whole nets to zero; for every loser there is a winner.
Here's a twitter thread from John Collison detailing why they launched this. It sounds pretty innovative (not exactly a surprise considering it's Stripe!).

https://twitter.com/collision/status/1169660488374001664

> Since 2008, loans made to small businesses have decreased in absolute terms by 41%. Banks have been pulling back from SMB lending.

> When businesses can get a bank loan, they spend an average of 25 hours on paperwork and wait weeks or months for approval.

> For internet businesses, capital is vital to growth: for marketing spend, inventory, engineering, and much else.

> Stripe users report access to capital as one of the top factors affecting their growth.