428 posts • joined 14 May 2007
You know what is also very complex?
Predicting the weather. Really. We just don't have the computing power. Just like macro economics.
However, we have build models that can predict the weather quite accurately.
So when one weatherperson is able to predict the weather correct 95% of the time and another only 50% of the time, the latter would be quickly without a job.
Not when your an economist. You can fail in predicting for decades. How is this possible?
"It is difficult to get a man to understand something, when his salary depends upon his not understanding it!"
Re: There are a lot of studies about the US Great Depression - but how many about the German one?
German economists and politicians are supposed to be very clever and rational people. Now they just go with their gut feeling because "it is in their DNA". I think we have found the problem!
Re: You'll Get The Respect You Deserve
Just when I nearly convinced myself, it can't be that nasty, I read this reaction and omg (this is one of the few times you can use omg), it IS ! ! !
Thanks Don Jefe, we needed that look in the mirror. Not a pleasant sight though.
Imo Lenovo is a successful company because their top managers concentrate on doing their job instead of egotrippin' all over the interwebs.
There's always a stormtrooper who wants to slam the word terrorist on anything he doesn't agree with and start prosecuting. You're the terrorist here.
That's not irony, that's justice.
Re: What losses?
Naah, you don't lose money for bed spalling.
And if they lost it, it was pretty loose.
Re: What losses?
Very good ! ! !
People who are in the market but are also stupid enough to have silly procedures, should loose money.
Re: No one ever heard of risk analysis?
Exactly. Western journalists are self-declared guardians of democracy. Now they pull their punches? Now they don't ask the obvious follow up questions?
Also, regarding the BUK and how it was operated. Rebels usually "capture" these vehicles when the crew switches sides. So then you have the tools and the means to operate it. Obvious possibility, but somehow the self-declared guardians of democracy tiptoed around it.
Nah, just put the instructions in plain English. No politician will understand.
I would like to be defending lawyer.
Your honor, this car can have a status where one can not open the door. The technical term for this status is "locked". When the car is in this "locked" status, one can not open the door. In order to open the door, the cars status has to be changed to "unlocked".
This can can have another status where one can not switch on the airco. The technical term for this status "eco+". When the car is in "eco+" status, the airco can not be switched on. On order to switch the airco on, the cars status has to be changed to "eco" or "standard".
Oh, and one more thing, the cost of the lawsuit should be on mr. Gene Cash, don't you agree?
I rest my case your honor.
Where can I collect my cheque?
Re: It's looking more and more...
In my opinion, future generations won't fly on vacation, or a city trip to Madrid.
"We have a welfare state, whose aim and purpose is to make us all richer."
WRONG ! ! !
The aim of the welfare state is to NOT have ordinary people confronted with beggars and people dying from hunger in the streets.
How are you feeling?
Not your usual chipper self eh?
Don't put your eggs in one basket
That's good advice, if you buy stock.
However, if you get paid in stock options, it's like being handed a basket of eggs.
I'm sure he reinvested most of that money, and he didn't buy Cisco shares.
Re: Showing their true colours
An "Uber verified driver"? What does that mean?
Transporting people is a profession. The authorities have rules, some on safety, others on responsibility in case of an accident. Perhaps you don't agree with these rules, that's your right in a democracy. You can try to overturn these rules, but until you do, you are legally bound to follow them.
An "Uber verified driver" is just a guy with a car and some free time, looking to make some extra cash, isn't he?
And you're just a tool, shouting "dinosaur" at everyone you don't agree with.
Civilian radar tracking a military plane?
Only if they were squawking loud and clear.
Did they ever think they had found that missing Boeing?
Re: Granted that passing around little pieces of paper may look strange to the uninitiated observer
Fraud is very profitable and is probably the oldest profession around. The only thing you need for fraud are gullible people. And a few are born every second.
Gullible people are always looking for a quick fix, a short cut, an easy way to make lots of money without doing any actual work. The think they're smarter than us, and that makes them vulnerable.
Re: ... "just to generate some data with no real (rather than arbitary) value "
The point is not the worth of the bitcoin or the greenback. The question is, did you do any valuable work?
To earn a greenback at least you would have to persuade someone that the value of your work, entitles you to this greenback.
To earn a bitcoin you've solved a riddle.
Your worries about my pension fund are heartbreaking
But I hope the people managing my pension fund are trying to make wise, long term investments, not flip my money several times a day.
Therefore, this will not hit my pension fund where it hurts.
There's only one thing worse than ignorant politicians, and that's journalists with a (not so carefully) hidden agenda.
Let's see if I understand this correctly . . .
We should build a complex machine to run the market and our economy. Nobody really understands how it works, the algos interact with each other at an incredible speed. The life expectancy of these algos is a couple of weeks, so no time for any real testing.
And this is a great idea because HFT will reduce the cost of trading making it 99% more efficient, from 0.2% - 0.002%.
Not really. If a transaction of 100 is made, there was a cost of 0.2% or 99.8 efficiency. Now we have a cost of 0.002% or 99.998 efficiency. That's not a 100% increase in efficiency, it's a 0.1984% increase in efficiency.
Any other bright ideas Tim?
Zuck does have point
He doesn't want the government to spy on people. Surely in a free society, that's something a company should do, and they can sell that information to the government.
Zuck is losing money hand over fist here because he has to deal with a government backed competitor ! ! !
So he used his real name . . .
But nobody could find him?
Because he wasn't in the telephone-book?
What worries me more is...
How stupid these automatic systems are designed. If several sensors should return the same or similar values, how difficult can it be to ignore the one that is clearly faulty? Very smart people, sitting comfortably behind a desk decide that the odd value should be used.
The automatic systems than floods the crew with non relevant information.
And when the plane crashes, these very smart people decide that the pilots, working in a stressful situation, really should have known better.
I remember a Turkish plane crashing in the Netherlands in a similar incident: en.wikipedia.org/wiki/Turkish_Airlines_Flight_1951
Inorganic? Will the cover-ups never cease?
Re: Hands up who's shocked?
That's not the point. The point is that the backing of a government will prevent the bank from going under.
Also, the millage on the vehicle is decreasing instead of increasing. And that will have a positive effect on the trade in value.
Let's do the math
I know, this is considered witchcraft by some, or at least cheating.
If the iWatch sells for $299, it could total around $17.5bn in 12 short months, or around 58.5M pieces sold.
If the iWatch will sell at what many vendors regard as the "magic" impulse-buy price-point of $199, that figure would drop to just under the iPad's inaugural $12bn, or nearly 60M pieces sold.
Hey, that's very impressive magic right there, transforming 58.5M in nearly 60M. That guy with the fishes and the bread has nothing on you.
What you're describing is a mature market. Most people work in such an environment and make a decent living.
A competent manager can make a company pretty profitable there also. He'll have to put a leash on his ego though.
A solid effort . . .
But it looks like the nazi's won in the long run.
You're right, you're reading it wrongly.
No, if our sun was the centre of the galaxy, the sun wouldn't orbit in the galaxy.
The central part of the galaxy is defined as the space inside the orbit of the sun.
Re: Bitcoin mining == Pyramid scheme
No it doesn't. I can grow potatoes on the land I buy.
Bitcoins are purely speculative.
Re: The leaf as currency
Most people have a useful job. That means, they create something, or perhaps they are part of an organisation that creates something. To keep it simple: if you work in a carmanufactoring plant, you get paid for making a car, and with that money, you can eventually by one of the cars you make.
Solving riddles doesn't create anything. So for the money they make, they don't create any wealth.
there's no gold in them thar hills, but we will sell you a shovel and a pickaxe anyways.
You lost me at "In fairness to Apple".
Greedy money grabbers, meet mr. Greedy Moneygrabber.
What goes around, comes around.
Unions very bad ! ! !
People living in countries where unions are VERBOTEN are much happier.
SACKED! by! Mayer!
she could sack me anytime.
Re: Prepare for consumer inflation...probably
That's fine with me, I never by an Oracle license and probably never will.
Re: probably should have left it
They can only do that if you let them. If you fight it, they'll back down or loose a bundle.
and HR stands for . . .
Staff who want to be paid in bitcoin are savvy?
Re: Isn't technology marvellous
Indeed, Zacherynuk and myself call that progress.
No no, you're wrong
They have a big budget to explain to people how very ethical they are. So they must be.
Oh Sir Clive was so very clever
So a self declared very clever man, so clever he couldn't take advice from anybody, drove his company over the cliff eh?
Thanks God that would never happen today.
Arrogance created incompetence and together they create disaster.
I agree, and that problem could have been solved by simply putting the USB on the outside. Good idea, bad execution.
Re: Commuter nav
Our marketing people tell us there is no market for that. And they have a big budget, so they must be right.
Re: @ dssf
Homo sapiens of any persuasion tend to get pissed when their order isn't processed.
At least on my planet.
Re: An apples-and-apples comparison? Stock splits ARE important to stockholders.
Taking into account inflation and dividends.
Re: Making money is one thing...
Psychopaths only love themselves.
- Twitter: La la la, we have not heard of any NUDE JLaw, Upton SELFIES
- China: You, Microsoft. Office-Windows 'compatibility'. You have 20 days to explain
- Apple to devs: NO slurping users' HEALTH for sale to Dark Powers
- Is that a 64-bit ARM Warrior in your pocket? No, it's MIPS64
- Apple 'fesses up: Rejected from the App Store, dev? THIS is why