Interesting news. I've heard that real estate prices haven't budged much and with the stock market remaining relatively strong, I wonder if we will see a corresponding rebound in rent sometime soon.
Readit Newsjumbopapa commented on San Francisco, Silicon Valley rents plunge amid downturn sfchronicle.com/business/... · Posted by u/tarr11
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jumbopapa commented on If Trump kicks out Twitter, there's always Germany reuters.com/article/us-tw... · Posted by u/throwaway888abc
> “Here you are free to criticize the government as well as to fight fake news. We have a great startup and tech ecosystem, your company would be a perfect fit and I will open any doors for you!”
As if that's not the case in the US? Trump's threats don't hold any water and, if we're being honest, our legal restrictions on speech are less stringent than Germany's.
Revenue of 280.5 billion USD in 2019 works out to roughly $500k/minute.
Yeah, but how many people come back to make a purchase after the site is back up? I don't think you can just extrapolate that 1 minute down equals $500k lost revenue.
jumbopapa commented on Stop Watching the News (2019) josephcwells.com/blog/bet... · Posted by u/wellsjosephc
Almost all news is a race to the bottom and full of dark patterns. I'm quite surprised to see how many people here are defending the news. I see people who seem to have extreme anxiety caused by the news. Constantly refreshing NYTimes or Twitter. Its not healthy.
Read slow news. The article mentions local news which I agree with wholeheartedly. The Economist comes out once a month. There's balanced coverage and no clickbait. There's no homepage to constantly refresh or articles designed to induce outrage. You know that they are funded by subscriptions and not from selling your data.
I think that's the biggest point. Services that make money by selling your data or by serving you ads should not be trusted by default.
The economist comes out weekly.
jumbopapa commented on Walmart says it will discontinue Jet techcrunch.com/2020/05/19... · Posted by u/rbanffy
I always wanted to like Jet, they just never had what I wanted. Placed 3 orders, each was cancelled when they could not fill it. Mostly didn't find what I needed. The world needs a real Amazon competitor.
You mean like Walmart?
jumbopapa commented on Twitter Will Allow Employees to Work at Home Forever buzzfeednews.com/article/... · Posted by u/minimaxir
My social life does not intersect much with my work life.
Do you perhaps live alone in a small apartment? I can see how working from home could be tough on a situation like that. I live with my family, in a house, with a garden, and I absolute abhor the idea of resuming a daily commute. I hate our office, and I love my home.
I am definitely no “social butterfly”, though.
I think I overall enjoy WFH, that said, my quality of life would be greatly improved if I lived in a larger home rather than my one bedroom apartment.
I've seen some people predict that a surge in home buying may follow the pandemic because people will realize how much better off they would have been in a larger space.
I will go ahead and move into a 2 bedroom in the next few months to allow me to have a more private office space.
jumbopapa commented on Ask HN: What special offers do you see on the stock market right now? · Posted by u/wsieroci
just buy VTI. No use in speculating when VTI alone will go buy 50% to reach the previous highs.
jumbopapa commented on S&P 500 drops 9%, extending losses after 15-minute trading halt cnbc.com/2020/03/15/trade... · Posted by u/rococode
"Thanks for being a citizen. Have $1000."
Sounds a lot like a Universal Basic Income...
I think handing out checks during a crisis is vastly different than doing it all the time.
But. There is a big but here. The very human tendency is to forever increase a budget. I am virtually certain there is a lot of fat to be cut.