Comments by "seneca983" (@seneca983) on "Wall Street Millennial" channel.

  1.  @cpm1003  Standard & Poor's
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  2. "Why would your pitch be to give up eating actual food to save time?" Why not? People are lazy sometimes and it can also ensure that you get all the necessary nutrients. Also, I don't think most people using products like these persist only on it. They probably eat regular food too.
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  3.  @chris0000924  Android has a bigger ecosystem. Network effects matter a lot. Also, I don't like when the operating system is controlled.
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  4. It's not clear that he committed any crimes this time. Simply making a YOLO that goes tits up isn't necessarily a crime (though it could be depending on the particulars).
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  5. Tesla has Panasonic make their batteries.
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  6. "The smart solution would be to allow those under 45 to fully opt out of the system" How'd you pay the benefits of those over 45 then?
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  7. It's not cheaper to build underground. Tunneling is expensive. Tesla and SpaceX have no experience of building rail.
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  8. But it's still a military vessel (if not an actual combat vessel in the present day).
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  9. Those alternatives are used in far fewer countries. It's still a major hurdle if you can't use SWIFT.
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  10. Well, it wasn't technically a hedge fund.
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  11. Well, brown is really a kind of dark red or dark orange.
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  12. Hong Kong stock exchange uses Hong Kong Dollar, not Yuan. China limits how much the people can exchange Yuan for foreign currency.
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  13.  @stgravatt  "Lower the supply of labor and youd have more employee friendly wages" But that wouldn't help with what OP is talking about. Lowering the supply would reduce the number of people working or the hours they work which would reduce the total wager received but it wouldn't reduce the amount of people relying on that income (e.g. a stay-at-home parent would usually rely on their spouse's income). Any rise in wages would almost certainly be smaller than that so people would, on average, have even less to live by (or save).
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  14.  @unsrescyldas9745  "That is then a short-term issue, as after you get rid of women in the workforce you will have more people as the birthrates will go back up" It's not a short-term issue because there would still be a big cut in average incomes (and therefore living standards) because fewer would have labor income. Note that this income is that same that funds pensions as well so there would have to be a cut in the level of pensions as well in the long run. In the long-term in a stable situation an average person has to pay enough to fund their own pension. Having more people doesn't solve the problem in the long run because it just means there will be more people withdrawing pension in the future. If your plan is that every generation should be bigger than the previous one, then that's an even worse Ponzi scheme.
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  15. No, he dropped out of Utah Valley State College. Not sure what he was studying there.
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  16. They did but it went badly.
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  17.  @shariqzafar  "Russia would never like the NATO missiles to be installed at their doorsteps" That wouldn't have happened for the foreseeable future in any case.
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  18.  @shariqzafar  "NATO had promised to not expand NATO alliance along Russian borders" I don't think any such promises were made. It was just the opinions of some individual people. "Henry Kissinger famously quoted, 'being US's enemy is dangerous but being her friend is fatal.'" Saying it like that is highly misleading. Firstly, it's not certain whether Kissinger said that but for the sake of argument lets assume he did. Secondly and more importantly, you're taking a portion of a sentence out of context. The full sentence was: "Word should be gotten to Nixon that if Thieu meets the same fate as Diem, the word will go out to the nations of the world that it may be dangerous to be America's enemy, but to be America's friend is fatal." [emphasis mine] Note the word "if" there. Clearly Kissinger is not saying that as an unqualified statement but rather as an exhortation that Nguyễn Văn Thiệu should not suffer the same fate as Ngô Đình Diệm (who was killed in a coup).
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  19.  @shariqzafar  "that is exactly my point that there are no promises in international politics, today Ukraine might say to not join NATO but who has seen tomorrow." But doesn't this directly contradict your earlier statement that "The issue that could have been negotiated on table"? If Ukraine couldn't credibly promise to not join NATO and their desire to join was Russia's reason to invade then Zelensky couldn't have prevented this war. If you're right then Zelensky didn't "choose to fight it out" as you claimed earlier.
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  20.  @samsonsoturian6013  Japan?
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  21. In the coming decades air travel needs to be cut significantly unless it can be decarbonized.
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  22. A government building railways should theoretically count not only the direct profits it may itself receive from fares but also any positive externalities to people and companies. However, even on this metric many of China's later high-speed lines don't make economic sense. Also, it makes sense that the most direct beneficiaries of railroads, i.e. passengers (or businesses using rail freight), pay a lions share of the cost; therefore the profitability of the venture gives at least some indication whether the investment makes economic sense. Additionally, even with beneficial infrastructure projects the government must consider whether it can actually afford them without facing solvency issues.
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  23. What happened to people who owned shares of these companies while they were public? Did they gain or lose when the companies were taken back to being private?
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  24. Tesla's debt to equity ratio has been declining.
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  25.  @timothysoh9102  What? You said: "US Court of Justice failures". I don't see how that changes in context.
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  26. People don't live forever but they live longer than before. That's an extra cost on the pension system that has to be covered somehow.
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  27.  @daniels2620  I do though he's far from the only one criticizing the Las Vegas Loop (though I think he's the one who used the Budapest M1 comparison).
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  28. In principle that should already be reflected in the stock price.
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  29.  @dsc4u  Tanzi was imprisoned in the May of 2011.
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  30. "and the Y makes the J sound" This part doesn't help anybody. In English, 'J' is usually pronounced as a voiced postalveolar affricate (like e.g. in the word "jump") but I'm pretty sure that's not what you meant. Which language's "J sound" are you talking about here?
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  31.  @samsonsoturian6013  Well, then it's certainly incorrect. The "English J sound" is [d͡ʒ] and that's a sound Icelandic doesn't have (if the Wikipedia page on Icelandic phonology is to be believed). According to Wikipedia Reykjavík is pronounced as [ˈreiːcaˌviːk] in Icelandic so at least here 'Y' seems to be pronounced as [iː], not [d͡ʒ].
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  32.  @samsonsoturian6013  But even you wrote the first part of your phonetic respelling as "Raik", so no English J sound.
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  33.  @samsonsoturian6013  You're right, it's not my first language but I still do know that in English 'J' is most often pronounced as [d͡ʒ]. Surely you're not disputing that?
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  34.  @samsonsoturian6013  I hear English speakers pronouncing 'J' as a voiced postalveolar affricate all the time.
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  35. Amazon is a huge company. It can afford to lose money on things like Twitch for a long time if it thinks there's a chance of profits in the future. Also, the revenue seems to at least cover most of the costs.
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  36.  @rnegoro1  I don't think sanctions prevent you from buying ADRs, at least not at this moment. Even if they did there would be people with previous holdings before the sanctions.
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  37.  @NYSMCOM  The issuer of ADRs should hold an equivalent amount of the underlying stock. If that's a non-Russian bank it could find its Sberbank stock seized by the Russian authorities. Russia could also nationalize the bank and decide to only compensate domestic owners.
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  38.  @NYSMCOM  They could also only seize foreign-owned shares or even just a some subset of them.
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  39. What about Mildom? Is it profitable?
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  40. You can, at least theoretically, buy more than the float if there's anyone with a short position on the stock.
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  41. Do you think they should've also prevented selling? Why?
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  42.  @bblack6868  Also preventing selling would have prevented even more choice. It was better that at least selling was possible, though ideally both buying and selling should've been.
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  43. How much more? At least part of that might be explained by the EU being bigger. EU28 (before Brexit) had a population of about 500 million.
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  44.  @rainmaker2754  Lol!
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  45. No.
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  46. At what point should they have intervened and how?
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  47. Which one is which?
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  48.  @oakinvestment5371  "Shkreli was actually selling the drug for $1 to people" Do you have a source for this? I've heard that Imprimis offered $0.99 pills but not Turing.
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  49.  @jusunglee6673  If that's the case then it doesn't reflect on his moral character in any way. Outside the US pyrimethamine is sold by multiple producers so competition keeps the price down. Even the $13.50 pill would be wildly more expensive than the competition there.
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  50.  @kazedcat  "Gorky D Leverage swap is not debt. The bank owns the underlying stock so theoretically the bank could recover their money by selling the stock." It is debt. The potential for loss comes if the underlying stock goes down in value. The bank/broker should theoretically suffer no losses from that because the other party, i.e. Hwang in this case, is obligated to pay for the amount the stock went down (+ interest). The problem is that if the losses are big enough Hwang won't have enough capital to pay off all his liabilities.
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