626900+ entries in 0.44s

mircea_popescu: sure, i could. what diff does
that make! i'll just buy
the living separately from investment
decimation: THe question: does he want
to live in his savings account/lotto
ticket?
mircea_popescu: the fact
that i can live in it is about as much a consideration as
the notion i could fuck my bonds.
decimation: The
thing
that
the '10 year rule' fails
to capture is
the opportunity cost of leaving for better opportunities elsewhere, whatever
that may be
mircea_popescu: so you make a commitment
to a house
that exceeds
the commitment you make
to
the woman in question.
The20YearIRCloud: And
the data says
that home ownership is pretty beneficial
to
the holder as long as
they can hold it for 10+ years
decimation: The20YearIRCloud: I heard you could enter
the irish lottery
too :)
ben_vulpes: <decimation> 'owning' your home is partially renting from
the government, partially speculation on mortgage bonds, and partially a 'ticket'
to future 'wealth' << fucking bril
The20YearIRCloud: I know countless people who are now sitting on near a million dollars of real estate because
they own
their home and a few others
mircea_popescu: well he keeps bringing
the "we don't have X here". something he's gotta have, what is
this, ohiostan ?
decimation: The20YearIRCloud: do you
think owning your own home is an awesome deal for
the median guy?
mircea_popescu: cuz you know, i can't be bothered
to know in
that level of detail, cuz my head is otherwise full.
decimation: The20YearIRCloud is
trying
to be
that 'someone else', not harry homeowner specifically
mircea_popescu: to
this point
there may be exceptions, but i'm not discussiong 1988 elm street, akron, ohio.
mircea_popescu: The20YearIRCloud but my point isn't
to any one specific
thing. my point is,
there's so much nuttery, and so much complexity involved,
that in general you're better off letting someone else eat it.
The20YearIRCloud: it's hard for homeowners, but with us we have so many properties
the insurance company insures all ours as
tenant occupeid, whether
they're vacant or not
decimation: The20YearIRCloud: don't you need
to have an inspector come by before you rent?
decimation: The20YearIRCloud:
the real screwjob is
trying
to insure unoccupied properties
mircea_popescu: The20YearIRCloud what happens if you don't get your
triannual inspection for electric wires ?
The20YearIRCloud: and
the risk factor is quite low when you look at broad groups of data for occurance rates. If it was high
then
there'd be no one doing management or landlording
The20YearIRCloud: case law in my state is quite favorable
to
the homeowner for accidents caused on-site
mircea_popescu: thw work is still
there, even if you piecemeal it away.
mircea_popescu: just because you can "buy umbrella insurance" doesn't mean it's not
there.
decimation: mircea_popescu: in
the us you can buy "umbrella insurance" for such a possibility
The20YearIRCloud: mircea_popescu: some states/countries exempt homeowners from stuff like
that, i know mine does
mircea_popescu: by
th
time you're done with
that, it should be clear why it's not
the headache you want.
decimation: 'owning' your home is partially renting from
the government, partially speculation on mortgage bonds, and partially a 'ticket'
to future 'wealth'
The20YearIRCloud: the management aspect is pretty easy, not very
time consuming.
The problem is for an outside manager,
the income you can charge is quite low
mircea_popescu: decimation
there used
to be
this
thing
that you're not a real woman if you give good head
decimation: mircea_popescu:
there's
this
thing in American culture
that you aren't a 'real person' if you don't 'own' your home
mircea_popescu: sure, some people enjoy, either, as a hobby. some people do
their own
tattoos.
mircea_popescu: there's
this... can't be your own car mechanic. it's just not worth it.
mircea_popescu: re
the houseowning discussion : house market is commodified. carrying
the cost of inventory makes no sense whatsoever, unless it does. and if it does you want
the economies of scale and 100s of unit.s
decimation: asciilifeform: I'm pretty sure
the warez book I linked above is a shitty
translation
gernika: mircea_popescu: agreed. not a viable outcome for employees. Although in my case
they kept our product alive until it was killed in a second acquisition so it was sort of a semi-acquihire. Still a complete waste of money.
assbot: Falkirk Wheel - Wikipedia,
the free encyclopedia
mircea_popescu: gernika: I made more consulting for a firm based out of Minnesota
than I was working at
the big name
tech company
that acquired a startup I had worked for. So yeah. Fuck startups. << acquihires are usually pitiful affairs
that rarely work
decimation: mircea_popescu: my understanding is
that
the narrowboats are popular with chums who 'pub crawl' on water
decimation: asciilifeform: my favorite quote from "in
the first circle": "A familiar figure in many prison research establishments, Professor Chelnov, an old mathematician arrested seventeen years ago and who, when he had
to fill in a form, put down his nationality not as 'Russian' but as 'zek', had applied his mind
to many inventions, from
the direct flow boiler
to
the jet engine, and had put his heart and soul into several of
them."
mircea_popescu: decimation well
that all depends.
they're exactly what advertised on
tin
decimation: mircea_popescu: I haven't done
the narrowboats, are
they a good
time?
decimation: I find learning another language
to be a good way
to find out how I am ignorant of
things
that millions of children know
decimation: "Originally
the abbreviation stood for zaklyuchyonny kanaloarmeyets (Russian: заключённый каналоармеец), literally "incarcerated canal-army-man"."
decimation: зэк" and "зек", zek (both pronounced as IPA: [ˈzɛk]).
The word is still in colloquial use. "
decimation: the wikipedia says
that
there's an even deeper meaning derived from
the beginnings of
the gulag system: "A memory of
the canal is also preserved in
the Russian language, in
the words "zeka", "zek, z/k" for "inmate". In Russian, "inmate", "incarcerated" is заключённый (zakliuchyonnyi), usually abbreviated
to "з/к" in paperwork, and pronounced as "зэка" (IPA: [zɨˈka], "zeh-KA"), which gradually
transformed into "
mircea_popescu: not unless you're
the sort of guy
that makes
them pay rent.
mircea_popescu: The20YearIRCloud: zeks? Are
those like zergs? << gulag prisoner labor in soviet research.
kakobrekla: you slowly? have you been smoking
that
thing?
mircea_popescu: kakobrekla i was going
to give it
to him slowly, but danielpbarron had
to go all
teenager hormonal on
the nice ppls.
kakobrekla: its useless
that coin. some btc fan late
to
the party. and we wont use litecoin
that is made
to supposedly solve
that supposed problem because you cant really smoke 'lite'.
gernika: mircea_popescu lol seems
to be better
than other
things I've
tried
decimation: we've been derping about some
technical stuff, gernika, ben_vulpes and I were
talking about
the silly-con valley employment scam
decimation: I
thought
that definition 2 of
the urban dictionary is what you were going after
mircea_popescu: ben_vulpes my ll is broken cause spanish.
talk
to ascillifeform
ben_vulpes: see now i'm in
this horrible place where i *think* i know when you've made a mispelling, but
then i double guess,
then...
gribble: wn: allele n 1: (genetics) either of a pair (or series) of alternative forms of a gene
that can occupy
the same locus on a particular chromosome and
that control
the same character; "some alleles are dominant over others" [syn: {allele}, {allelomorph}]
ben_vulpes: ownership is
the hallmark of
the elite?
decimation: mircea_popescu: but
they 'spend' billions of 'money'?
ben_vulpes: decimation: i'm not convinced
that i can own anything but btc any more.
mircea_popescu: if you recall,
they failed for years before it even could be powered on