Matt_Mickiewicz

and anybody owning stock in companies that insure those properties....

His historical leverage has been 1.6:

http://docs.lhpedersen.com/BuffettsAlpha.pdf

The probabilities of black swan events are often grossly mispriced by the markets. Looks like it paid off big time.

I was just reading:

https://static1.squarespace.com/static/5581f17ee4b01f59c2b15...

tldr; * The Global Short Volatility trade now represents an estimated $2+ trillion in financial engineering strategies that simultaneously exert influence over, and are influenced by, stock market volatility

* Since 2009 Global Central Banks have pumped in $15 trillion in stimulus creating an imbalance in the investment demand for and supply of quality assets

* Last month Austria issued a 100-year bond with a coupon of only 2.1%(6) that will lose close to half its value if interest rates rise 1% or more.

* Amid this mania for investment, the stock market has begun self-cannibalizing... literally. Since 2009, US companies have spent a record $3.8 trillion on share buy-backs financed by historic levels of debt issuance.

* Every decline in markets is aggressively bought by the market itself, further lowing volatility.

* Volatility is now at multi-generational lows... Volatility is now the only undervalued asset class in the world. Equity and fixed income volatility are now at the lowest levels in financial history.

https://what3words.com = 3 words that map to specific GPS location anywhere in the world is intended to solve for this.

Without his tweets, we'd only know about how crazy and unbalanced he is via the "biased" and "corrupt" and "failing" media... with Twitter, we get to see it directly from his keyboard, thus leading to better debate about his fitness to serve.

P.S. Loved the Full page NY Times ad of his tweets - https://pbs.twimg.com/media/Cviq5rBWYAQeh56.jpg

That being said, it's a double standard, most ordinary people would have been banned before they tweeted half-way down the first column of what's in that ad...

Up to 25% lost for good according to this source: https://letstalkbitcoin.com/blog/post/rise-of-the-zombie-bit... & https://seekingalpha.com/article/4082979-many-bitcoins-lost-...

Also many wallets are simply unspendable due to transaction costs.

Unchained is probably the best crypto podcast currently, but would love other recommendations.

"May" = pointing out a possibility vs. making a prediction.

Ken Griffin "may" find a $10 bill on the street today. He "may" see his stock portfolio flash crash 30% this week.

Why is this even news?

All H1b salary data is already public.

I've seen a lot of interest for Fulfilled by Amazon e-commerce businesses on Flippa.com last few months. If you're making $1K or more per month in revenue, lots of buyers.

Except that it's the state closest to bankruptcy... and has the most underfunded pension system in the country. The state can't go bankrupt, and they can't print money, so they are raising taxes and as a result many people are leaving the state (500K emigrated in the last decade).

Just think about the time gap between the invention of the wheel and until the 1970's when someone finally thought of attaching them to a suitcase!

It's a small world.

Your hiring manager, the people you interviewed with (6-8 people probably?), and some of the management at company A will know you rescinded your signed offer.

What are the chances that one of those folks ends up working a company with a job you're applying for 4 or 5 years from now when your application comes through?

Yeah, the HoloLens form factor currently is great. Had a chance to try it a few weeks ago.... When it becomes available to consumers, I'd definitely pick it over Vive or Oculus for gaming applications.

The wires on the current VR setups are a nightmare, as is the requirement for a $2K PC setup.

Would be fascinating to see how many people from TCS, Wipro and Infosys ended up moving to Apple, Amazon, Facebook, Google and Microsoft after a few years in the US.

Anybody else find the photo of the russian dog grafted onto the back for another disturbing?

That was a great article.

He may be onto something. There's a huge and widening gap between GAAP vs. Non-GAAP earnings: http://www.zerohedge.com/sites/default/files/images/user5/im...

U.S. corporations have issued more than $9.9 trillion in debt since 2008. Last year, corporations issued a record $1.5 trillion in debt.

76% of the companies in the S&P 500 bought back their own shares ...most companies used debt to pay for these buybacks, in a clever move of financial engineering to boost EPS.

To top it off, we've been in a multi-quarter earnings recession for the S&P, and total retail sales growth has dipped below 3% which has always correlated with a recession:

http://i0.wp.com/bawerk.net/wordpress/wp-content/uploads/201...

Not yet. We plan on launching in Miami in the near future.

Fortunately, the solution to the problem is super cheap.

$20 buys you a copy of "The Who" book, which is a proven, scalable system with specific questions to ask at each step of the interview process....

Not true.

Actually work sample tests have a .29 correlation to on the job performance, followed closely by structured interview questions.

See: http://www.wired.com/2015/04/hire-like-google/

Whew!

I get worried when more than 60 days goes by without them announcing a MegaRound(tm) at an InsaneValuation(R).