skysight-inc/HackerNews huggingface dataset:
For any still following this story -- u/deepfuckingvalue (aka RoaringKitty on YouTube) has been semi-doxxed by Bloomberg this morning -- he's a 34 year old financial advisor from Massachusetts evidently.

wallstreetbets used to be full of people like this, it's way less so now, but it would be silly to think that there aren't some hedge funds in on the buy side of this event, if not to ride the volatility. Active trading desks live and die by volatility -- if the market is not volatile, it is much harder to make money.
Not without voting rights, no? The people that won’t sell also wouldn’t vote to split.
> But management and shareholders certainly would like the business to be around for as long as possible. And for that you always need to develop and change.

I agree with everything you said except this part. Maybe I'm jaded, everything I've read and seen on the market and job shows investors/management only really care about the next quarter, maybe a year the most. Only a few companies who are capable of looking at and committing to multi-year plans.
I have a friend who will love to hear this. He is an engineer who spent the last six years of his spare time (together with his family) developing an ambitious board game[1]. It started as an after-school project to do with his son... then it snowballed into something big... as he started hiring sculptors, designers, illustrators... outsourced testing to board game clubs... and now he's about to face D-Day... A launch on Kickstarter to determine whether all the effort was in vain or not.

https://boardgamegeek.com/boardgame/309625/forest-radgost
This is a very simplistic take. Capitalism as it is practiced in its various forms across the world, has thousands of levers that are pushed in certain direction by laws and regulations, and by norms and cultural philosophy. If you change the latter, you change the values of the levers which changes how much businesses have to _compete_ and _grow_ in order to remain _profitable_ in the long term. So yes, the current climate is our choice, and we can make different choices if we decide to.
I don't understand why they couldn't just disable margin trading instead of buying the individual stocks. Margin trading was the real problem for them.
I apologize for this; I had high hopes based on mention here, but really thought that documentary was terrible. The word itself is great, but there was about 10 seconds of anything that resembled the levels of reality distortion that are now quite commonplace. I was mostly interested in the Soviet system of full-spectrum propaganda such as staging protests against themselves, which was only mentioned in passing. There was basically no common theme running through it, just a bunch of weird stuff that happened, mostly relating to US foreign policy, mostly blaming it on personalities of republican presidents. It felt like it was itself the sort of propaganda meant to distract from real fundamental problems and place blame on boogeymen, rather than an exposure of the same. I chose it for movie night with people I live with, which was embarrassing for me.
The censorship of WallStreetBets needs to be a watershed moment for everyone
I think programmers in general have an overly optimistic expectation of the lifespan of their works. "The great thing about software," they say, "as opposed to buildings or hammers, is that you can write code once and use it forever," as they ignore the dozens of applications and libraries which did nearly the same thing as the code they are writing.
Europe and USA. Victoria Nuland was there. I think it was a joint effort.
Reminds of this discussion between a physicist and an economist:
https://dothemath.ucsd.edu/2012/04/economist-meets-physicist...
Exactly. And this is why our economy (?? society) is terminally ill. It is full of tumors.
I can see that argument for apps that want to sell products or show ads, but what about GP's example? What value is there in getting in the way of a software developer trying to create apps for your platform?

My personal guess is that most UI redesigns are busywork explicitly created to justify the existence of the UI design department. (And I don't say this to throw shade on UI designers in general. This could just as well be the new manager trying to keep his headcount, or the new lead designer removing all traces of the previous designer's work over personal quarrels.)
Those high prices can still go up, and squeeze them toward a margin call. People thought $100, then $200, $400 were high, yet it passed those by.

Yes, it is artificial, but the capital you need when shorting (to cover your position) is very real, and with each price hike, it goes up.
Exactly. The title is one of those statements that sounds smart at first, but then you realize is kind of silly in a “i’m 12 and this is profound” way.
GME stock is like a consumable. You buy it and then it "disappears".
An example of post-growth entrepreneurship in the Netherlands is Radically Open Security, the world's first not-for-profit computer security consultancy company:
https://www.radicallyopensecurity.com/business-model.htm

An interview with CEO Melanie Rieback:
https://www.codemotion.com/magazine/video/radically-open-sec...

Of course, a TEDx-talk: https://www.youtube.com/watch?v=uW8umQWXFIM

A longer video: https://www.youtube.com/watch?v=WkkyNG0IRd8
Regardless of current or future happenings with Coinbase, a private wallet is always advisable.

If you don't own the keys, you don't own the coins.
Ask HN: Do you know some Stock simulator games?
for pc or android??

it doesnt necessary to include real stock market data

but similar like the real one
I presume it's a safety mechanism required by the financial apparatus so that they can make their investors whole if they ask to withdraw all at once. Something that given the current circumstances is actually quite possible. But being candid, that's just a guess.
IB refers to Interactive Brokers, a large brokerage firm. It's chairman is billionaire Thomas Peterffy.
If rich people were the ones who had to build their estates far away, (instead of lower-middle class suburbs being pushed away from the urban areas) we'd have light rail and all sorts of ways for them to easily commute.
I do think you need more dev to handle more complexity.

But more dev to have less bugs, or to develop faster is like saying that with 9 pregnant women, you can deliver a baby in 1 month.
Apple doesn't allow subprocesses for 3rd-party apps on iOS generally as far as I know.
You can find loads of other software by NASA here:

https://software.nasa.gov/
Code-wise, it's really in a limbo. Nokia owns (IP-sense) many parts of the ecosystem - but not all of them (not to mention third-party components like the Java interpreter found on some S60 and above devices). They tried to release it in 2009 to attract some interest - but the iPhone and Windows Mobile (Android were very niche at the time) were better to say the least and withdraw the offer before the year ends (at the time Nokia tries to enter the netbook business). Worse of it, some parts are owned by Ericsson, Sony, probably NTT and a lot of others that I forgot. Oh, and I am not sure and this might be wrong but I heard rumours that some of the Symbian IP might be under the care of UK Crown (due to insolvent Psion). If it were true, this kills any chance of releasing the code.
short selling more than 100% of the stock is an easy one
I have the impression that businesses that are not publicly traded are in a better position to plan for the long run instead of having to cater to the quartely whims of shareholders. As an example, see the family-owned businesses in Germany which are often doing quite well over generations in competitive international markets, despite only growing slowly or not at all. Innovation is the key factor to survival, but why should innovation be linked to growth? Why is "growth" even an indicator for success, isn't a big organization almost by definition much less efficient than a small one?
Pony – High-Performance Safe Actor Programming
That is not true, it hasn't accurately predicted anything. 96% of 2021 and 2022 haven't happened yet.
Right, the article is talking about a different sort of growth, but I'm responding to your assertion that there are companies that are neither growing nor dying. I agree that some companies may be sustainable while having net zero growth, as you stated. I disagree that these companies do absolutely nothing to attempt to grow their businesses and don't even think about growth. At minimum, these net zero growth companies must at least grow enough to offset their losses at a sustainable pace. That means these companies do have to participate in traditional growth activities.

Specifically, I'm responding to:

> I'm kind of scared that people can't even imagine this is a possibility to be honest...

From the outside looking in, a net zero growth company appears to be living happily as you stated, but I don't think this reflects reality on closer inspection. All net zero growth businesses exist in a dynamic equilibrium in which they're constantly facing losses and constantly finding ways to grow to (at minimum) offset those losses. And these are just considerations for your own business. What about the competition? If your competitor is willing to build a net positive growth company, what are your odds of survival in the long-term?
Can you call it a limitation of the processor? I thought it was with the accompanying chipset - https://www.easytechjunkie.com/what-is-the-difference-betwee... .
Sounds great! Would so much rather drop into Rust than C or C++.
Best part is that I don't even think we're out of the first act yet.
While it absolutely is a beautiful building, much of the appeal is also down to location. We can't build every building on the water front, and the land requirements would be enormous if all apartment blocks where to have equally beautiful vistas from three side.

Something like the Barbican in London tries to provide it's own views by having a courtyard. That only works on one side of the building, and your other views depends on what London have decided to built. Habitat 67 have some of this, by having multiple terraces and an interesting shape, but mostly gets its views from being on an peninsula.
What your describing is normal in lower income apartments in the US. People pay 50% of their take home to live like that.
The government probably charges your taxes in dollars which makes you dependent on the financial system.
The purpose for who?

When you run the company you yourself own, it hardly matters whether you are rewarded through salary, a dividend or stock appreciation, and presumably you care a lot about the actual product and not just about making money.

When you invest in a company you are not otherwise involved in, on the other hand, there's just no point to it unless you get back more than your initial investment, so either the company must grow or at the very least if it doesn't, it should be reliably profitable and share those profits with shareholders. Same thing when you lend out money. This isn't rent seeking: capital is crucial to any business and to provide it is to provide a valuable service. Which is not to say that there's not a lot of rent-seeking behavior in the stock market, or that modern capitalism is entirely sane, but that's a different topic.
"That Harvard Astronomer" is Avi Loeb.

Loeb was recently a guest on the Lex Fridman podcast where he talked about Oumuamua amongst other things. [0] I found his view on the subject fascinating and his perspective on science refreshing.

[0] https://lexfridman.com/avi-loeb/
I have been a user for 4 years and have been locked out

I suggest Kraken for US based people
Mistakes wine companies make in ecommerce
The law is probably related to anti-money-laundering, sanctions compliance, etc. If they detect something possibly criminal, it's illegal for them to "tip off" the owner of the account.

This is true of basically any financial institution.

Of course, it is a problem that Monzo had a bug that caused your account to get flagged for this.
"The first rule of having a liquidity problem is dont talk about your liquidity problem"
I mean, even hating bankers seems to be basically brand new. The culture of WSB has radically changed very very recently.
> The time value of money can be negative

The time value is positive by definition, unless you somehow get penalized by having money in the future. Inflation and purchasing power is a separate phenomenon.

Negative interest rates is entirely artificial. Not in any way a market phenomenon.
Play Factorio in multiplayer on a megabase map. And imagine how much insight you need to keep so many such complex game mechanics to be kept in sync and performant for even hundreds of players on same map.

Compare this to average bug ridden AAA game that has half of game mechanics falling apart in visible ways in single player spawning and despawning stuff randomly in failed hopes of keeping an illusion that the systems are sort of working!

A lot of triple A studios are havening trouble of implementing inventory game mechanics without introducing few item duplication glitches. Guys who are building Factorio are on another level they really made implementing game mechanics their core priority. For triple As their core priority is how to budget for making tons of assets and cramming them into the game.
Continued growth: absolutely. Capitalism itself only exists because resources are finite though. It's the most practical method we have right now for efficiently allocating those resources.

Allocating resources is a hard problem to solve. If we had infinite resources we would not need to solve it.
Clearly the purpose of a company is to provide value to customers that they are willing to pay for. Any company where the sole purpose is to grow will find itself out of business quickly.
Yea, but you know what a lot of these studies fail to grasp that the WSB exposed? The human factor. Namely, predatory humans.

Yes, a lot of the companies who get heavily shorted stumbled. But then, to guarantee a profit, the shorting hedge funds knee cap the company. Then they short them again and again. The current fiasco also shows the widespread influence these firms have to enact their will on the market.

If you look at the stock market as independent number generator, you'll always use statistics to explain what's going on. If you realize there are humans behind those numbers, you see it more like a crime scene rather than a math problem.
Is it? Earth is, or was, extremely hospitable to humans. Mars is, and will be for a very long time, extremely inhospitable to humans. If we can't even take care of the Earth, what hope is there of taking care of Mars? The more likely scenario is that greedy Martians destroy their own Martian environment very quickly and make themselves extinct. It's much easier to destroy Mars (for human life) than it is to destroy Earth.

We need to focus on sustainability, otherwise Mars will also be unsustainable.

Just wait until oxygen itself becomes a commodity, like in the film "Total Recall". Except unlike in film, there's no deus ex machina native ancient technology to suddenly make the entire atmosphere breathable.
True, but for the US, for example, energy consumption has been pretty much flat for the last 20 years, and decreasing in per-capita terms. See https://www.bloomberg.com/opinion/articles/2021-01-28/beyond...

It's interesting to see how world trends look as more and more of the world ends up in the position the US was in 20 years ago in terms of economic mix.
I suspect many of these posters are not driving themself off a cliff, but others.

They’ll keep pumping while they have an incentive to do so, and the gullible will follow after, but many of the original ‘hold’ advocates must be planning to exit before the inevitable end, leaving the bag in the hands of a greater fool.
"What do you think defines a "complete" surveillance state?"

Ratcheting up automation is what would make it different to me. While there are exceptions, for the most part, police look at all this data after they know about a crime.

They have most of what they need to use the info to discover crime and automatically cite people. As a simple example, ANPR in two places could issue a speeding ticket if the time elasped between two scans is low enough. I'm sure it's happening somewhere, maybe a toll road. The difference would be when it's widespread.
We could but at some point having 10x more people then you need working half a day a week doesn't seem optimal. Maybe it could work but it seems that there is some sort of workforce size that makes sense for a given amount of work.

I think that something like a universal basic income makes more sense here than to force a company to grow, possibly harming its product just to employ more people.
Huh I didn't know that. The firm I worked for did self-clearing, and we had no customers (prop trading). I guess that means these requirements didn't really matter for us because everything was ours?
RH limited 13-14 tickers, while most other brokers limited 0-2. Now, they probably had more comparative exposure to them but also the volatility and price changed massively due to their move.

More importantly they didn't communicate any of this in advance - they must've known this was coming yet suddenly stopped all buying and auto-sold everything on margin. It's hard to believe they couldn't have e.g. halted just margin trades a day before, given a warning etc. Instead they pretended everything was fine up until it blew up, and then as their first explanation claimed they are doing it to protect investors. It was only after a lot of outrage and filled lawsuits that they hinted at the real issue. So yes, they could've played this a lot better.
You're confusing webforms with the asp.net framework.

The framework itself was mostly good tech, as long as you didn't use webforms.

Probably the biggest flaw in the framework was not having a way to capture all unhandled exceptions (Application_Error does not catch unhandled asmx exceptions).

... and WebForms.
The land itself may not be valuable as such but the way the people are organized and function as a whole is. Moving the people to a new location wouldn’t necessarily duplicate value of that society.
We can't let pessimism or apathy depress us into not striving for the ideal. If we give in, it would be even worse than what it is now.
Idk, this seems to indicate that E-Trade turned off buying entirely for a bit.

https://www.theverge.com/2021/1/28/22254863/etrade-gamestop-...
Until recently, I don't think you could start a company and reach the entire EU area. Can you now?

In the US, any person has access to consumers all across the US. I think this is a big part of the success of US companies.
Have you tried Schwab? Somewhat limited in what they offer as a bank, but I've only ever had positive experiences. Their web/app aren't wonderful but they get the job done.
> Fashion changes all the time, but it does not last.

I am so stealing this quote. Now that I think of it, fashion does not last by definition and I feel stupid for not coming up with the same quote myself but oh well.
It stops being boring when brokers start directly interfering with the volume by changing what traders are allowed to do in the middle of a trading day.
I know how you feel, and it took such a long time for me to recognize that the way my mind works is not necessarily the way everyone's works, and that I'm not inferior to anyone else because of it.

But you gotta admit sometimes it's a really fascinating place in there.
>I’ve read this article twice now and it feels like confused word soup

Yeah, that'll happen with a lot of the testing "literature" from the 2005ish to 2015ish era.

It was a popular topic at the time, and one I was searching for answers on too. But I was working at a company that was ahead of the curve on testing and I got so frustrated at publicly available resources on testing. During that time and still to this day, when I read about testing online I kinda feel like I'm drunk. I have an idea of what's going on, things sorta make sense but not really. I'm only understanding bits and pieces. There are unnecessary and over-complicated details on some things, suspiciously light on meaty topics.

There was so much drivel written about testing back then that I still get angry remembering that people would say with a straight face "you don't need documentation, tests are your documentation."
Very insightful! Would also love to learn how prevalent is the practice of URA quota and how to identify if you're an URA hire.
How about potential and understanding of underlying tech?
Nvidia was an obvious play in 2013 with the precursor of AlexNet, AMD was an obvious play when Jim Keller was done.
Yep, no matter what, when I need to create a lightweight desktop app, I always come back to Windows Forms. Lazarus/FPC get brought up in these threads a good bit too, but I still prefer .NET because the ecosystem seems more active.
We can get our analogy ducks in order:

- The economy is an ecology.

- A company is an organism.

- Rentiers are carcinogens.

It would be interesting to know if there have been models of economies that disallow usury and rent seekers. I know Michael Hudson has made the distinction between industrial and rentier capitalism [1], and there is also CASSE [2] (but that seems to be aligned with the "too many people" ideological line), but I am not aware of any contemporary writing on the nature and dynamics of economies that disallow usury and rent seeking in principle.

[1]: https://michael-hudson.com/2021/01/the-rentier-resurgence-an...

[2]: https://steadystate.org/
> Oftentimes, companies will have a legal obligation to their stockholders to (attempt to) maximise profit…

Can you point me to an example of a company that has a legal obligation "to (attempt to) maximise profit"?

I suspect that, in fact, the legal obligations of any company include (but are not limited to) increasing profit whilst taking into account many other factors.
But it's obviously more effective to create more affordable housing.
I would call industrialisation metastasis... Colonisation is jumping hosts...
Inside A Pro-Huawei Influence Campaign
Reconsider using BHIM as its recently had a security breach, and check to make sure you were not affected. Best of luck

https://www.securitymagazine.com/articles/92495-indian-e-pay...
Great question.

I am not an expert in this area, so don’t take this as the correct answer I think the way it works is your broker lends out your stock (at a profit) to short without any explicit consent from you. It’s your brokers responsibility to make sure that you have access to your stock when you need them.
Sure there's the ongoing struggle. But the basic fact will always stay that the point of founding and putting in the effort to establish a commercial company in the first place is to "provide value to the shareholders" (i.e. the owner/founder). If not for that, why anyone go through that hassle?

All that Silicon-Valley-esque "We founded the company because we wanted to make the world a better place" is only when the company is also making money for the stakeholders. Once you take out that point, there goes you company. It is now officially a charitable organization (which, BTW also provides value to the "stakeholders", but that discussion is for a different time)
So you are saying in a large complex project there are no impact on bugs by number of devs? I'm not saying there is a linear relationship but it's naive to say that having a large team does not help you handle bugs.