“But at any given moment, the majority of resources in a capitalist system are being pushed over a cliff by morons. This fascinates me. And it’s clearly the reason that humans rule the earth. We found a system to harness the power of stupid.”
Tag: stupid
PIMCO Outlook
this idiot wants to bail out homeowners. that is about as stupid as florida insuring everyone for weather damage, never mind the location.
Florida Real Estate
The state is exposing itself to tremendous financial risk in the event of a large-scale disaster. Unlike private companies, which can seek reinsurance on the global market where risk is less concentrated, the state would have to go to its own taxpayers if a huge storm struck.
moral hazard on the scale of a state. florida is totally fucked.
Trademark Ads
American Airlines complains a number of times that the advertisements triggered by its trademarks lead to sites that sell both American Airlines tickets and those of its competitors. So what? Any retailer can advertise that it sells X even though, in its store, it displays X next to competitive offerings.
lame. why dont you fix your decrepit infrastructure instead, AA?
It’s not journalism
Many publishers consider the Internet, and Google in particular, a greater threat to their livelihoods than Osama bin Laden.
from that sample it appears that retardation is the biggest threat with these hacks. bin laden a threat to them personally?
Duck and Cover!
Simplification by Committee
In what might seem like a contradiction, OASIS has formed 6 different technical committees to simplify SOA application development.
muppets.
Potter translator charged
fitting for something as retarded as harry potter
Financial illiteracy
what do getting locked in with long term phone contracts and losing your shirt with subprime mortgages have in common? financial illiteracy, especially the lack of understanding what net present value means.
2013-06-07:
Many people who gave themselves high marks for managing their finances also were using non-bank borrowing methods, such as payday loans, or had overdrawn their checking accounts.
I always thought dunning-kruger explained people’s infatuation with “owning” real estate, but it turns out it also explains their general financial ineptitude.
Powerset growth models
This helps a company that intends to index the web whether it is better to purchase, lease or create virtual servers on Amazon EC2. Assumptions about the size and refresh frequency of the index can be changed. Since the model is forward looking, it also makes assumptions about future server power and cost reductions from Moore’s Law.
they would have better spent their time on some actual product
Gregor J. Rothfuss 