News for hackers. Stuff that matters.
Re:Mr. Darcy’s Ten Thousand a Year by roywiggins on Wednesday July 24, 2019 @11:12PM (#20522258)
> Darcy's worth £681K a year and his friend half that. In the Valley or London, what's that, a director level at a FAANG, and a tech lead?

One big difference being, when he dies, that income reverts to his heirs and their heirs. If he was earning that as a wage, it wouldn't. So it's not directly comparable.

Re:Mr. Darcy’s Ten Thousand a Year by adrianN on Wednesday July 24, 2019 @11:24PM (#20522297)
If he was earning that as a wage, he'd be working long hours every day.
Re:Mr. Darcy’s Ten Thousand a Year by _archon_ on Friday July 26, 2019 @08:12AM (#20534129)
Depends on the rate. To quote Steve Martin, "All I've ever wanted was an honest week's pay for an honest day's work."

You and I could make Mr. Darcy wages on an hour of work a week, providing that we could find someone willing to pay it :-)

Re:Mr. Darcy’s Ten Thousand a Year by thaumasiotes on Thursday July 25, 2019 @01:11AM (#20522735)
True, the income comparison is spurious, but the followup statistic is directly comparable:

> Using the annual yield to derive asset [value], the author in another paper put Darcy's net worth at £16.8m - £28m.

Re:Mr. Darcy’s Ten Thousand a Year by benj111 on Thursday July 25, 2019 @03:11AM (#20523318)
I wonder of the figure takes into account the inflation landscape (very low) at that time.

I couldn't go out and buy low risk Gilts and get that income today, I'd need index linked gilts, and they wouldn't be paying 3% after inflation.