481900+ entries in 0.323s
mircea_popescu: it's leadership not followship. you gotta have much better reasons
to do anything
than "erryone else's doing it"
mircea_popescu: in fact whenever an officer of any kind justifies anything by "it being industry standard"
that officer should be
therewith fired and sent back
to
the staff position he belongs in.
mircea_popescu: at which point hte poison suddenly runs out, and now you have a critical reactor and not enough
time
to moderate it (because
those rods
take
time
to move, being mechanical in nature).
mircea_popescu: nothing happens, of course, because
the poisons are still sucking up
the particles. so
they pull
the moderator even further, not getting any feedback.
mircea_popescu: a very dangerous situation can develop in practice (especially in "manually operated" reactors) where
the core is well poisoned, which makes it look like it is working way way under 1, which prompts
the
techs
to remove
the moderator further.
mircea_popescu: now, some particular fuels have
the unfortunate property
that if
the reaction is ever decelerated,
they produce nuclear poisons. nuclear poisons are usually gases (like xeon)
that absorb particles and decay.
mircea_popescu: the way
this is accomplished in practice is with "moderators", which are rods of particle absorbers.
these soak up
the particles, reducing
the rate of reaction. in practice, large barium rods go in and out of
the core
mircea_popescu: in order for
the nuclear reaction
to be a nuclear explosion,
the average nucleons hit / nucleons broken must be >1. in order for it
to be a nuclear reactor (the civillian kind) it must be exactly 1. but exactly. if it goes below 1
the reaction extinguishes, so most reactors are run as a 0.999 - 1 oscillation, practically.
mircea_popescu: so, nuclear reactions happen a lot like dating : whenever a nucleon breaks up, it spits out some accelerated particles. either
these hit another nucleon and start another reaction or
they don't.
mircea_popescu: pete_dushenski well
then pull a chair and let old man me
tell you a story!
mircea_popescu: Pierre_Rochard yes man, in
theory
this is
true. in practice you know what it is.
Pierre_Rochard: my background does color my view, but a competent cfo isn’t one who’s great at
tax avoidance (that’s why you hire….
tax accountants!) or cooking
the books. (1) A competent cfo is one who build a great financial planning and analysis
team and uses
them well -
to inform
the CEO’s strategy and constraints under which
the business operates. (2) A competent cfo also builds a great internal audit
team
to maintain
mircea_popescu: pete_dushenski you familiar with
the "poisoned reactor" phenomenon ?
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mircea_popescu: the conflict here being
that you like accountancy and imagine
that "being an accountant" is a part of one's identity, and i used
to like being a cfo back when i was still available
to hire, and i had a very strict "accountant ne ultra crepidam"
then,
too.
mircea_popescu: depends for whom. yes, for middle aged fatty married
to middle aged fatty
they aren't. which is why he calling her a "porn star" is dubious in
the first place.
mircea_popescu: competent people are not "characters out of hollywood movies".
this is like... guy wanting
to break up with his wife because she's... whatever, middleaged fatty, and she breaking out
the "supermodels aren't available!!1"
mircea_popescu: in no case can random corp
that's NOT a private bank actually afford a cfo. (who no, is not an accountant, and who yes costs more
than a good ceo - which again isn't "i'm
the boss")
Pierre_Rochard: Your view of cfos reveals something about
the cfos you’ve had experience with...
mircea_popescu: if oversight were
the definition of management, all parents of autistic children should be in jail.
Pierre_Rochard: oversight is
the definition of management. A board’s governance is over
the officers of
the company in practice
mircea_popescu: unless you're out and out making
tax avoidance and marginal financial scams a part of your business model (hence my "are you a private bank" question), in which case yes
the cfo is in fact a chief of a department and needs
to come up with planning for
the board etc,
mircea_popescu: i get it, everyone wants
to pretend and pretense is expensive so everyone agrees
to pretend in a cheaper, mutually recognised way
mircea_popescu: governance is
the job of
the fucking board not
the job of
the officers
Pierre_Rochard: mircea_popescu:
there’s been generalized inflation of “C” positions, but if you’re going
to glorify someone, may as well be
the financial steward of
the company. He’s a key part of governance and oversight. Or at least,
that’s been my experience
mircea_popescu: then
they do and it
turns out...
that's still not where it's at.
mircea_popescu: these fiat derps really imagine
they're going
to be such hot shit once "they get regulatory approval"
mircea_popescu: i'm having a lol at "greyscale" having made essentially
the same
tired out bitcoin scam.
mircea_popescu: a business couldn't conceivably operate for long without
the cleanning lady, either, but
that doesn't mean she's not staff.
mircea_popescu: Pierre_Rochard yeah, but what
they did was glorify
their accountant into "officer"hood.
Pierre_Rochard: seriously? I’ve only worked in handful of businesses, but I can’t imagine
them operating for long without a CFO
mircea_popescu: asciilifeform (Fragging; or dynamic crud somehow not covered by valgrind, etc.) << i
toldja it doesn't only leak in
that place.
mircea_popescu: "you and sara aren't nearly as much a
thing as me and sara, because I even draw weird pictures of her in my fictional dungeon doing really slave-y shit!!1"
mircea_popescu: "The Liberlanden goverment seems
to have a lot of plans for
the future. Paraduin appears
to have no plans. Why clutch
the control of a nation which you have no intrest in?" << wtf is with
these retarded children.
they're comparing
their reality on
the grounds of
the extension of
their hopes and dreams now ?
☟︎ assbot: Logged on 05-05-2015 04:45:39; decimation: yes. one problem with
the us business world in general is
that many 'staff' positions like accountancy have been mistaken for management
jurov: yea,
that i saw when i had js disabled
mircea_popescu: anyway. so some senator wants
the bitches in decolletage. big whoop.
jurov: that's worse shit
than scribd, i did not realize at first
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pete_dushenski: mircea_popescu jurov give me
two mins and i'll have a little qntra piece on it
jurov: dunno, works from here. and it went up
to $55
mircea_popescu: <jurov> wow,$42 for 0.1 pseudobtc? << i don't see anything on
that page ?
mod6: 187980 << im at
this block
mod6: so about 10x
that much eh
davout: asciilifeform: really curious
to see how
the orphanage
thermonuke patch will work in
the field
assbot: Logged on 05-05-2015 01:34:14;
trinque: asciilifeform: ah yeah
they were
total
trolls at my old gig
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jurov: with "We have assistance of Serbian police, which is now coordinating
the action so everything would go well in keeping with
the international laws."
jurov: promise "we'll
try next
time using proper protocol for boarding from international waters"
jurov: lmao.. liberlanders
tried
to board
their homeland, get detained by croatian customs for "crossing border outside of b.point"
davout: ;;later
tell funkenstein_ nice blog post
mircea_popescu: same Katie Courics/Elie Wiesels/Alicia Koplowitzes
that madoff
took
to
the cleaners
too.
mircea_popescu: well yahoo in
the golden age (1999-2002ish) also swindled
the same market.
decimation: yeah, but richer and more sophisticated ladies, because
they are qualified investors
mircea_popescu: thinking about it, i'm not even sure what ycombinator's business model is supposed
to be past
the old yahoo scam (trick old ladies into
thinking X is big so
they pour
their money into it, pocketing most of it, etc)
mircea_popescu pokes asciilifeform
the conquering hero as
to
THE STATE OF
THE DAMNED GPG KEYS!111
mircea_popescu: danielpbarron: <<
that part's got
to go <<
that's
the part which provides "usability".
mircea_popescu imagines very sad repair shop operated by
the surviving children of dead mechanic,
through
throwing wrenches and whatnot at engines.
mircea_popescu: cargo cultism at its most base. "well we don't have a mechanic, but all
the
toolboxes are here and open just like he would have had
them, were he here"
mircea_popescu: if you don't have providential management, da fuck you gonna do.
trust in
the
tools.
decimation: yes. one problem with
the us business world in general is
that many 'staff' positions like accountancy have been mistaken for management
☟︎ mircea_popescu: accountant's a
tool. can only shine in
the hands of providential management.
decimation: sure, but in
the sense of knowing where you are, not where you are going I would
think?
mircea_popescu: which makes
them ever so slightly better
than blindfold darts
mircea_popescu: he means
the accountant will shrug at
their projections and go "i guess"
decimation: mircea_popescu:
the idea
that an accountant is
the guy who should be planning your business is a little silly
cazalla: AU slashed interest rates
to 2.0%, lowest on record, gotta juice
the housing market a bit more i guess
mircea_popescu: decimation :
to quote
the original variety speak, "the budget goes crunch, but
the names pack punch, so
they called over
the accountants and
they're gonna do lunch"
mircea_popescu: principally because
the female viewpoint is retardedly infantile.
mircea_popescu: because human culture is an exercise in opressing
the female viewpoint
mircea_popescu: women plan like
thus : i would like for X
to happen. men plan like
thus : X is probably going
to happen want it or not.
assbot: Logged on 05-05-2015 02:46:43; livegnik:
trinque: We plan
to break-even within (max) a year or 3.