EllipticBit @EllipticBitOpts

Options are my poison of choice. Opinions are my own. Not financial advice. Ex Big Tech. Occasional cultural opinions. Licensed pilot and avgeek. Joined February 2022

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Craig Fuller 🛩🚛🚂⚓️ @FreightAlley

4 days ago

Wonder how the resigning BLS workers are going to feel when they discover that the job market is much worse than the official government BLS data suggests

Spencer Hakimian @SpencerHakimian

4 days ago

Wonder how the resigning BLS workers are going to feel when they discover that the job market is much worse than the official government BLS data suggests

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Devon Eriksen @Devon_Eriksen_

2 months ago

@stevecrye @REDavidson3 Now that I have a moment... You're probably puzzled as to why you're getting angry pushback on this one. All you said was "Everyone is an individual. I reject these group characterizations." It hardly sounds offensive. In fact, most people your age regard it as virtuous,…

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Devon Eriksen @Devon_Eriksen_

2 months ago

This photo was taken after a discussion of how to improve American education. But the number of Americans in this picture is zero. This confuses the liberal (a creature who is easily confused). The liberal will say "This man is a US citizen" or "that man has made a great…

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EllipticBit @EllipticBitOpts

2 months ago

Incorrect attribution of cleverness as intelligence. They can correlate, but are not required to.

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Darth Powell @VladTheInflator

3 months ago

GenZ hates the system, but they don't understand we DO NOT have capitalism. We have corporatism/cronyism. If we had capitalism, the banks would have all gone tits up in 2008, all the people you think are rich would be broke, home prices would be affordable and you would be…

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CAB @BuxJackets

3 months ago

@DiMartinoBooth Deflation really would not be that bad of a thing for most Americans.

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Darth Powell @VladTheInflator

3 months ago

I'm betting on long dated treasuries because if I lose, I'm going to buy real estate with couch lint. If I win, the economy is fucked and I can buy real estate with couch lint + all the money I made in bonds.

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DHH @dhh

4 months ago

Cloud concentration wrecked the internets primary design goal: aggregate resilience. DARPA designed it to survive a damn nuclear strike. Now it can barely survive a single hyperscaler wobbling. We've pissed DARPA's genius away. Tragic.

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Deedy @deedydas

4 months ago

No one talks about the real reason driving the ~500k tech layoffs. Section 174 in the 2017 tax cuts turned engineer salaries from an instant tax deduction into a 5yr write off, causing billions in tax bills. It even incentivizes offshoring R&D, which has a 15yr write off! 1/4

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Devon Eriksen @Devon_Eriksen_

5 months ago

No. The West is in an existential struggle between equality and competence. It is fueled not by any resentment of the ordinary for the great, but by the resentment of the incompetent for the ordinary. The average man typically does not resent talent. He recognizes, but does…

Naval @naval

5 months ago

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Devon Eriksen @Devon_Eriksen_

5 months ago

Yes, we do. We just pretend not to know it, because the answer inconveniently contradicts the political philosophy of our entire culture. And we're not ready to have that conversation yet.

Daniel @growing_daniel

5 months ago

Yes, we do. We just pretend not to know it, because the answer inconveniently contradicts the political philosophy of our entire culture. And we're not ready to have that conversation yet.

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Alb @amandalouise416

5 months ago

Microsoft’s 10-K says the quiet part put loud... Their success depends on importing foreign workers and any attempt to enforce U.S. immigration laws is labeled a “business risk.” This isn’t a tech company. It’s a global labor machine that sees American talent as optional and…

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EllipticBit @EllipticBitOpts

5 months ago

But please do tell me more about how this is somehow good for the US.

Alb @amandalouise416

5 months ago

But please do tell me more about how this is somehow good for the US.

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Devon Eriksen @Devon_Eriksen_

9 months ago

This is what classical liberalism devolves into. "I will not strike you, because it is wrong. As you strike me, I will try to stop you by telling you it is wrong, rather than by striking back. Because that would be wrong." Such a philosophy, obviously, cannot survive. Because…

Elon Musk @elonmusk

9 months ago

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EllipticBit @EllipticBitOpts

7 months ago

I already don't fly AA. They lost me years ago due to bad in flight service. But now it looks like you'll be able to add bad IT service and technical glitches to the reasons not to fly them. Sad to see it happen a once great airline.

Kumar Exclusive @KumarExclusive

7 months ago

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EllipticBit @EllipticBitOpts

9 months ago

With all the recent talk of AGI. I do wonder if Person of Interest is going to get popular again. I don't buy the hype about AGI Real Soon™, but if you do, there are definitely questions you should be asking yourself.

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EllipticBit @EllipticBitOpts

a year ago

Nobody complained when bond prices fell and the USD climbed. But what if the opposite happens now? Bond prices up and USD down? It is the one thing that everybody agrees is absolutely impossible. Yet in 2021 they would have told you that what we saw Bonds/USD in 2022-23 was…