jplr8922
I live in an aging society with 'free' healthcare, where most of the resources are consumed by unhealthy people with chronic conditions (read : boomers with diabetes). A lot of large scale social programs (which I like) are built on the assumption that most of the people inside it are healthy and will not need serious care for a long time (read: full of young people).
I think that raising children produces a lot of social benefits, that unfair social expectations puts a lot of pressure on women, and we should put a LOT of value on the labor required to raise healthy and stable children.
a) Python-Django? b) Ruby? c) Other?
I already know python, and I would like to learn a framework to build MVC's for startups!
Here are my thoughts
1) Burnout is not a workload problem, it is related to your subjective perception of the meaning behind that workload
2) Ultimately, the 'meaning' you attribute is related to your desired identity
3) The company where you work may change, but you may also change
4) You have to find and negotiate a role related to your long term desired core identity
Good luck!
Having public congestion prices for electricity makes it easier for investor to understand what needs funding ; do we need more power plants, or more electric lines?
I whish these principles could be applied elsewhere, since ''congestion pricing'' often reflect the need for better systemic public infrastructure (aka a network or a market maintenance cost), while ''regular prices'' are often tied to private business (aka a node, or an entrepreneur).
Your point is right, but I'm afraid that the underlying advice is not applicable. First of all few people are truly in control of their attention span, and we are all exposed to marketing wether we like it or not. You might as well ask a dog to ignore the smell of food.
*If people are inundated with marketing telling them to be active investors, telling them to be a more informed active investor is not the solution*
The problem with some popular financial apps is that the marketing is 'built in as a feature'. My banking app allows me to create a 'saving account', which sounds like a good think to do right? However if I click, I will have ''investing options'' to choose, which are all financial product sold by the institution. These types of 'financial dark patterns' are all over the industry. In Canada, I consider those to be built in by law, and are not likely to change any time soon.
Managing investor bias is not something you can achieve with a mathematical argument; it requires patience, trial and error. People who are bombarded with marketing about stock trading will avoid ETF and trade stocks. I think that a lot of them would benefit a learning environment which was not created by financial institution to sell them products in the first place. You could then introduce a feature, where the apps suggest some ETF information if the portfolio is hyper concentrated in a few stock, etc.
I had a view similar to yours regarding ETF and average investors until 3 months ago. For many reasons, I decided to become more active on social media in order to increase financial literacy. I was shocked by the amount of marketing the 'middle class' are exposed to. Competition is intense, and giving good financial advice is actually an uphill battle. I consider this environment to be toxic for the average individual.
Is this app perfect? probably not. However, I view this type of initiative as an improvment!
I'm not a 'pure tech guy', but I know enough to do project management and challenge devs of tech choices given a business objective.
I work at a startup for 50% of my normal wage. If the project fail, I simply go back to BigBankInc, work there 1 year or 2, and start again. Easy!
Of course my personal budget and lifestyle are very minimalist, I basically sacrificed my hobbies for my busines project. However I am totally happy with this decision, it improved my mental health a lot. I attribute this kind of 'needs arbitrage' as an outcome of my meditation practice.
Do note however that I do not have a family (yet)...
Eventually I could develop a neat budgeting app which help people realize that the point of money is to finance their needs, from physiological to spiritual.
- What influences your day to day experience is the size of the firm for which you work. Big gov and big corp have much more in common than a startup and a small charity group. Think about how the abundance of ressources, staff, speed of change, stability and reputation management will affect your job. Big firms often have two employees for the same role (in case one of them goes away), while small firm often have two roles for the same employee.
- For most people, ''vision'' is a buzzword. By construction, it should come out of your imagination ; it is a desired change on actual reality. This is why vision jobs are less secure than 'pragmatic' jobs. Sense of purpose is an experience where your action are aligned with your vision ; you understand how your work builds the vision. It gives fire in the belly!
- Money being a lag indicator of the state of affairs, profit or security seeking people (which are the same thing with a different name) often end up in big organizations. People with a strong sense of purpose would rather want to join a small group with an non-established business model which aims to change the world.
In other words :
Profit & Security => Established & working business model => big organization => hierarchy with redundance => low sense of purpose
Financial risk => Unproven business model => small firm => too much jobs for few people => high sense of purpose.
The pricing of wholesale market depends on many factors, including 1) the amount of electricity consumed at time T (quantity) 2) the variation on that amount at time T (delta of your quantity) 3) the location (delivery fee for your quantity)
The problem with solar in californa is that electricity is produced when the market does not need it, and that it stops production when the demand increases. The current reality is that 'green' power generation increases the dependance on 'brown' power source for reliability reasons. Your can read more about this here : https://en.wikipedia.org/wiki/Duck_curve
That ''net metering'' thing is to electricity prices what Santa Claus is to christmas presents.
- The experience of sleep requires a bed
- The experience of cooking requires groceries and kitchen tools
- The experience of being an elite requires a fancy diploma
And if the experience does not requires an asset, it is usually because you are borrowing (lending) the asset of another party
- The experience of consulting a psyghologist requires him to have a diploma
- The experience of traveling requires the airline business to maintain a fleet
- The experience of creating a startup to change the world requires borrowed equity at a given rate
I plan to discuss this stuff in my upcoming newsletter about personal finance. People who are all about 'buying experiences not things' are usually priviledged hot heads whose social and professional situation allow them pay high borrowing fees in order to not deal with the logistic of managing their own assets.
The modern approach is called the opportunity cost, and by definition is a counterfactual scenario. It is triggered by a choice you actually have. Otherwise it's called science fiction.
This article does a very average job at explaining the whole thing... Even the Elon Musk example is not accurate. The value of Tesla in the ''without Elon'' scenario is wrong, because in that case Elon would be *replaced* by another overconfident nerd. Just think of Apple without Steve Jobs ; he got replaced by something different, and the firm is still standing strong today...
Good counterfactual thinking is super important, but I do not feel that the author is a master of the art.
After all, do you want to *be right*, or do you want to connect? At some point I realized that it made no sense to complain about loneliness because I am a brainy type AND simultaneously refuse to engage with other's emotions because they are not brainy as I am.
The book which helped me the most is *non violent communication*. Its like an universal protocol, but still filter the bullshit.
edit: Of course, as other said, growing out of your mental tendency takes years and is still a work in progress. But with this type of thing the way is the destination.
I started because I wanted to have a crazy experience that would modify my epistemiological understanding of the world. Over the years, I discovered how past emotional events subcounsciously influenced my decision making, how much parental roles shaped my romantic views and how much of my personality was invested in my mind and not my body. I could go on and on.
I cannot prove this scientifically, but somehow I think that my effort toward zen practice made all of this possible, and the only thing I know is that the next change will be weirder than the last one.
I would also like to mention that, even if meditation is ''not christian'', I now feel that my understanding of it is better now than 8 years ago.
In my humble opinion, spirituality is to religion what 'passion for fitness' is to a gym. A gym is an organisation with rules, employees, a boss, location, history, etc. Some people go there in order to get a 'healthy person' identity, meet friends, and to make sure that their body image fits the attractivness metrics of the society in which they live. The actual experience of pushing iron and sweating is an inconvenient.
If a subject feels 'obligated' to respond to an external stimulus (such as a party) and to expend energy in that direction, that is extraversion. If you need to learn how to monitor internal stimulus such as fatigue levels or who makes you feel good, that sound like an extravert learning how to do introversion in order to manage himself. This process of learning how to get out of your usual favored way is part of what Jung called 'individuation', psychological development which starts in adulthood.
When trying to understand the intro-extra spectrum, its not the behavior that matters the most, it is the cognition of the subject. Why did you stay alone last friday night? Is it because you had a hard week and you are tired (internal stimulus)? Do you avoid parties because you do not care that much about the feeling of the music (internal stimulus), and would rather to clearly hear others people stories and opinions (external stimulus)? How does the subject narrates his story?
I totally agree with the analysis and conclusion of this article. The power grid is is a complex legal, economic and engineering system where our usual political narratives cannot produce a valid analogy for our common understanding. Right now, most green power sources (except non run-of-the-mill hydro) have non-controlable and hardly predictable outputs. Wind is much harder to forecast than temperature, and not every market are equiped to deal with the new variability. This create price distortions and other unintended consequences. Pushing against nuclear when there are still coal power plants running is nonsense, and in my opinion proves that twitter beats sound policy in terms of political priorities.
What I do not like in this article is the tendency to regroup all fuels type together and call them 'dirty'. Coal, natural gas and gasoline are not equals, and play different roles in electricity production...
I consider early startup equity like lottery, and an option on that lottery is worth even less in my eye. The taxes and legal specifications make these options super hard to evaluate... At the end, its mostly a way to defer an uncertain employee salary to an uncertain future... Normal equity is a mechanism to share decisional power, not only money. In my mind, most startup equity is to equity what Avril Lavigne is to heavy metal... not the real thing, something else in disguise.
And to be even bolder, I am actually against using options for any form of compensation, for employees AND for management. By nature, the value of an long call option does not only increase with the value of the underlying, but also with the volatility of the underlying. And if your option is way out of the money (Underlying <<<<<<< Strike price), your sensitivity to volatility is higher than the sensitivitiy to the underlying. In which situation would you want anybody in a business to have these incentives?
Consider tax sheltered accounts (TFSA-RRSP in Canada, 401k in the US). Many people do not understand how they work or even what they are ; a lot of stranger tell me they ''purchased RRSP at their bank last month''.
Also consider the case of freelance consultant. If you are your own business, you must understand what is tax deductible, and what is not.
Finally, different countries have different fiscal law regarding property. A lot of people in Canada invest in real estate because they do not have an easy access to financial markets. Here, capital gains of non primary residence is not tax deductible... oops.
You get the point. The is not financial planning without tax planning. From a dev point of view, consider the fiscal laws of a country like COBOL legacy code. Do not assume it will work as intended.
Key features ; - Budget (aka cashflow management, what am I doing with my paycheck next month?) - Project planning (aka balance sheet, what is the purpose of my inflows and outflows over time?) - End of year results(aka do my projected budget match my projects, and if you want to travel so much why are you spending X amount on alchool?) - Taxes (how do I pay less of them) - Insurance (how do I mitigate common risks, and when should I purchase insurance to protect my projects)
I myself need one app for financial transaction, another for rebalancing my portfolio of ETF, one for doing my taxes, a spreadsheet for my budget, etc. My bank credit card and debit card are managed by two different units which refuse to talk to each other and share information. This is ridiculous.
1) My understanding is that there are two layers of laws ; Indian Act + Treaties. The first affect the 600+ nation-bands, while the seconds are specific to each of them. It follows that not all nation-bands have the same relationships with the governments. Hence, modifying the law might be fair for oen group, but bad for another. Am I right?
2) The 600+ nation-bands are not an monolithic group, they have different cultures, languages, territories and interests. Hence, in a political system where democracy happens inside geographical electoral district, it is not straightforward for nation-bands to become political allies. Am I right?
3) Since the legacy of the "privileges" granted by the treaties are guaranteed under the constitution, (https://indigenousfoundations.arts.ubc.ca/constitution_act_1...), "real change in Canadian Society" implies changing the constitution. Do you agree?
Am I out of my shoes regarding these issues?