Re:Centimillionaires: Elites with Investable Assets of More ...
by serevi on Sunday October 15, 2023 @02:13PM
(#37891975)
The person who wrote this thought they'd be clever by using the SI prefix "centi", not realizing that it means one one-hundredth (as in "centimeter"). They should have used the prefix "hecto", which means one hundred.
Re:Centimillionaires: Elites with Investable Assets of More ...
by Detrytus on Sunday October 15, 2023 @02:27PM
(#37892088)
I always admired how simple, yet clever the SI prefix scheme is: use Roman numerals for sub-units (centi-, mili-), and Greek numerals for multiplies (deka-, hecto-, kilo-). Although I guess a century ago average well educated person was much more familiar with Latin and Greek languages.
Re:Centimillionaires: Elites with Investable Assets of More ...
by cbsmith on Sunday October 15, 2023 @04:10PM
(#37892979)
I get the impression centimillionaire was a term invented so that journalists could make up headlines and stories that might seem relevant or interesting.
Re:Centimillionaires: Elites with Investable Assets of More ...
by mdp2021 on Sunday October 15, 2023 @04:08PM
(#37892964)
It is because you are confusing an etymology (in 'centenary', 'centennial', 'centigrade'...) with a prefixing (in 'centimeter', 'centigram', 'centiliter'...).
Update: looked into this more and the "centi" part of the SI system comes from the Latin word "centum" which means 100, not 1/100. Definitely seems either usage is acceptable.
(They did the same for 1000 and 1/1000, deriving milli from Latin millum and kilo from Greek χίλιοι, but used Latin for both deca- and deci-, and used Greek for both giga- and micro. So far for consistency)
I don’t see how it follows that either usage is acceptable.
Re:Centimillionaires: Elites with Investable Assets of More ...
by jasode on Sunday October 15, 2023 @04:07PM
(#37892954)
>The person who wrote this thought they'd be clever by using the SI prefix "centi", not realizing that it means one one-hundredth (as in "centimeter").
>In one year, Mr. Lay has been transformed from a centimillionaire with huge stock holdings to a multimillionaire whose wealth is mostly tied up in hard-to-sell assets.
Re:Centimillionaires: Elites with Investable Assets of More ...
by mikewarot on Sunday October 15, 2023 @03:27PM
(#37892625)
NO
My mapper mindset[1] can't let this pass. Corruption of the language like that creeps me out.
I've enjoyed the times I was a milli-millionaire in life, and I was a Centi-millionaire once when we paid for the house, but these days being a micro-millionaire is a treat.
Re:Centimillionaires: Elites with Investable Assets of More ...
by mikewarot on Sunday October 15, 2023 @04:32PM
(#37893154)
Yes to both... Long COVID knocked me out of the workforce. We own the cheapest house in a town with an awesome school district, prices have inflated since then, of course.
Re:Centimillionaires: Elites with Investable Assets of More ...
by DoreenMichele on Sunday October 15, 2023 @06:11PM
(#37893863)
I'm the person who submitted it. I thought it was interesting in part because it talks about some of the cities with a significant number of such people.
I'm a demographic outlier with zero social connections via HN. No one on HN routinely emails me, chats with me on the social platform formerly known as Twitter, meets me for coffee in person, etc.
So the only feedback I have is upvotes, downvotes, flags and comments and that's frequently difficult to decifer.
I submit things I think are interesting and accept that most of what I submit will be roundly ignored. But then this seems true for most submissions, so it's not a strong signal (shrug).
I have no idea why this got upvoted enough to briefly make the front page.
Which of my submissions does well and which doesn't frequently baffles me. I no longer waste a lot of time trying to figure it out.
Re:Centimillionaires: Elites with Investable Assets of More ...
by lakomen on Sunday October 15, 2023 @05:04PM
(#37893361)
... yet another site which displays ads if you hit "reject all"
There should be a browser extension to automatically submit gdpr reports for such sites
Re:Centimillionaires: Elites with Investable Assets of More ...
by CodeSgt on Sunday October 15, 2023 @05:27PM
(#37893533)
Displaying ads has nothing to do with GDPR. They can still display ads that aren’t targeted, they just can’t save your information for more targeted advertising.
Re:Centimillionaires: Elites with Investable Assets of More ...
by mrlonglong on Sunday October 15, 2023 @06:14PM
(#37893885)
Frankly, it's an obscenity that these people can hold so much wealth when there are millions of people who have to live hand to mouth on a daily basis out there. People working for these multimillionaires made all the profit for them. They must pay more in taxes to spread the wealth. Trickledown economics simply doesn't work and increases inequality.
Re:Centimillionaires: Elites with Investable Assets of More ...
by shyn3 on Sunday October 15, 2023 @06:43PM
(#37894077)
The poor are only poor because the education system makes them dumb. If you read the law in America, you would never have to worry about money but unfortunately people only know what the oxford fictionary teaches
https://www.merriam-webster.com/dictionary/centi-
Update: looked into this more and the "centi" part of the SI system comes from the Latin word "centum" which means 100, not 1/100. Definitely seems either usage is acceptable.
https://www.vocabulary.com/dictionary/centimeter
(They did the same for 1000 and 1/1000, deriving milli from Latin millum and kilo from Greek χίλιοι, but used Latin for both deca- and deci-, and used Greek for both giga- and micro. So far for consistency)
I don’t see how it follows that either usage is acceptable.
Prefixes can have dual uses. Sometimes even the same whole word has dual uses, e.g. biannual meaning either twice a year or once every two years.
Edit: I don’t know why I even reached for an analogy, it’s exactly like saying hundred and hundredth are interchangeable.
Dictionaries are descriptive, not prescriptive. Language evolves.
It’s a convention of the SI system that Latin prefixes are the fractional units, but that’s not a feature of the Latin words themselves.
The "centimillionaire" to describe wealth of $100+ million has been used for many years before this thread's article. Here's an old newspaper article about Enron from 2003: https://www.nytimes.com/2003/02/09/business/company-man-to-t...
>In one year, Mr. Lay has been transformed from a centimillionaire with huge stock holdings to a multimillionaire whose wealth is mostly tied up in hard-to-sell assets.
And some extra trivia... your "correction" and the followup replies is replaying Groundhog Day... e.g. 9 years ago : https://news.ycombinator.com/item?id=8319279
17,000 millions
by definition.
https://en.wikipedia.org/wiki/On_(Japanese_prosody)
My mapper mindset[1] can't let this pass. Corruption of the language like that creeps me out.
I've enjoyed the times I was a milli-millionaire in life, and I was a Centi-millionaire once when we paid for the house, but these days being a micro-millionaire is a treat.
[1] https://wiki.c2.com/?MappersVsPackers
I'm a demographic outlier with zero social connections via HN. No one on HN routinely emails me, chats with me on the social platform formerly known as Twitter, meets me for coffee in person, etc.
So the only feedback I have is upvotes, downvotes, flags and comments and that's frequently difficult to decifer.
I submit things I think are interesting and accept that most of what I submit will be roundly ignored. But then this seems true for most submissions, so it's not a strong signal (shrug).
I have no idea why this got upvoted enough to briefly make the front page.
Which of my submissions does well and which doesn't frequently baffles me. I no longer waste a lot of time trying to figure it out.