Another example: I use Screen Sharing to manage multiple Macs on my network. Each host gets a Screen Sharing window, and I maximize each window (whose virtual resolutions are forced to my physical monitor size) and then toggle between them and other workspaces using Spaces. I need the screen real estate so I would never have multiple host windows in the same workspace.
Lead cyclists take turns riding at the front of the pack (the peloton, from which the company took its name), blocking the apparent wind and allowing teammates to ride in their slipstream. The protected riders use less energy to maintain the same pace.
This would in turn cause a different group of PMs (portfolio managers, in this case) to borrow Netflix stock and sell short. Paying up-front production costs on an asset being provided only to users whose revenues the company has already captured is a suboptimal use of equity capital -- to put it gently.
Good questions. Two differences to consider vis a vis past late cycle moments: US corporate profits haven't peaked, and the politicians could have a better claim on being part of the problem than on being part of the solution. I was tempted to add "leverage" but that's too slippery for a concise discussion.
Profits: it took about two years peak-to-trough for profits/GDP to correct during the past two recessions. Unless you see sudden stop risk, this suggests the US corprorate sector isn't staring down the barrel of a massive deleveraging...yet.
Politics: public support for legislative non-compromise does not speak to the kinds of policy fixes applied in 2008-9. Executive belligerence toward the Fed doesn't seem helpful either. As much as markets may have appeared to ignore US political risks while momentum was positive, it seems credulous to think this more of a divorce than a separation.
There are other quantitative arguments that the turn in the cycle is not here yet (e.g. employment, notwithstanding participation rate). But the prospect of a return to political gridlock is, to me, the most important risk contrast with recent past cycles.
Your retail store analogy is a red herring. A browser plugin that “maximizes the chances of bypassing paywalls” is attempting not to be party to a transaction, because if it succeeds, the user has expressly not agreed to the seller’s terms.
Instead your position appears analogous to arguing that altering a driver’s license to gain free admission to a cinema by misrepresenting oneself as entitled to senior citizen terms of entry is justifiable despite being prohibited by law in that jurisdiction.
It’s clear from this and other posts that you have articulate, principled view on many issues. So why aren’t you addressing the underlying economic issue? Publishers, like any business, need to earn revenue. If technological barriers to accessing intellectual property — and the legal protection thereof — are not valid (your claim of “frivolous overenforcement”), whose economic rights supersede the content producers? And why?
I ride the streets that I'm speaking about. San Francisco has a team of engineers who redesign road infrastructure, markings, and signage to promote safe cycling. I think they do good work and I benefit directly from their work. I think the infrastructure is better suited to cycling than your dismissive comment implies.
I disagree with your characterization that the risks to motor vehicle-bicycle interactions are fairly small risks as long as motorists are diligent. But I don't suggest that you accept my risk assessment. My equivalence is grounded in California law[0]. Cyclists have equal responsibility with other drivers. Both groups of vehicles need to be operated diligently.
I don't follow your argument. Grandparent had pointed out correct cyclist behavior at intersections to avoid accidents. Parent had commented that both motorists and "especially" cyclists made mistakes resulting in violations of traffic rules and expected behavior. I added the observation that many cyclists' incorrect behavior in San Francisco is willful, not only accidental.
Both parent and I agree with GP's point that, "Turning conflicts...are a significant hazard to cyclists"; I simply argued for vigilance in the presence of deliberate rule-breaking by cyclists. Surely you would not argue for less vigilance by motorists? SF drivers are a whole other rant...
If you meant to say that I am making a hasty or sweeping generalization, I did no such thing. I make no claim as to the proportion of two-wheeled scofflaws. Anybody who rides in SF can see it, and some riders have owned up in child comments herein. If your complaint is against motorists who justify their own shitty driving with claims that cyclists are 'always' flouting the rules, then I agree that this is dangerously fallacious. But such a sweeping generalization nonetheless starts with cyclists who clearly break traffic rules.
That's why I wish they would stop. This is about saving lives. And if you are also a rider then you know the apportionment of blame becomes moot when 1800kg of SUV hits 80kg of cyclist. I think GP is absolutely right that good infrastructure design is key to avoiding such risks, but like all transportation systems it has to be built on the assumption that traffic rules will be followed.
Cyclists also willfully break traffic rules in SF with alarming regularity. Stop signs are generally regarded as ornamental, and even lightly traveled red lights. I am reminded of this every time my seven year-old cycling companion asks why such and such a person hasn't followed the rules when they blow past us.
The press release hints strongly at their toolkit:
> improbably successful trading
Even before considering trading volume they can look at in-the-money trades as a proportion of total trades. Then I expect they would look at smaller denominators to see if timing correlated with the announcement cycle. The use of short-selling would have made it (relatively) easier still to pick up: assuming the company was ~200MM market cap at the end of 2014, of which 28% was held by management and their strategic shareholder [proxy statement 20150417], borrow could have been expensive enough to limit the holding periods of short trades.
As you and other commenters have pointed out, simple screens can indeed be effective. A short-term, infrequent trader (or small group of traders assuming, um, collusion) with a high win rate and presumably high risk-adjusted return would stick out.
How could the board kick out a CEO founder given the vertiginous increase in equity valuations said founder presided over? Because those valuations are only meaningful to end investors (i.e. the LPs) when shareholders experience positive cash flow. At Uber the opposite is happening. Why shouldn't we assume, then, that the board realizes Uber is headed for a fatal pinch[0] and has acted accordingly?
Bloomberg in April reported[1] Uber's cumulative cash burn at US$8 bn since its founding in 2009. You can argue that Travis Kalanick presided over rising valuations but so far there is no evidence of an increase in book value per share. Conversely that cash burn risks being crystallized as "value destruction" if revenue growth stalls.
The alleged personnel issues, the lawsuit, the bad press -- they are history and the firm has no choice but to cope with them. But failing to improve net margin can be quickly fatal and if that is happening then the other issues remain relevant. TK, who also presided over those, becomes part of the problem rather than part of the solution.
This. Particularly the need for a minimum standard project structure.
Pipenv shows its pedigree and looks like a great tool...that also overlaps significantly with conda. What are the use cases that Pipenv addresses better than/in lieu of conda?
In our house the question is used to ascertain whether the child heard his parent and if so, the probability of compliance with the request/observation/dire threat to the well-being of a favored toy. At no time has it been construed by any of the parties as the parent (noun) requesting permission to parent (verb).
There were various related rumors circulating at the time. You can draw your own conclusions but please allow others to share what is only available as oral history.
My personal favorite (heard in Beijing in the early 2000s) was the story that the Chinese military were monitoring the newly deployed American stealth fighters during the Belgrade bombing and had managed to get radar lock on one (or more) of the F-117As from their embassy. The Americans, the story goes, wanted no more of this and bombed the Chinese embassy.
According to The Font of all Knowledge [0] three Chinese "reporters" were killed in what the CIA admitted was its own bombing operation. It has long been common knowledge that the Chinese government uses the Xinhua news agency as a cover for clandestine operatives [1].
If it were Jet.com buying Wal Mart, then no you would not be alone. That it's a bricks-and-mortar behemoth buying a startup facing an uphill battle against a much larger online incumbent seems altogether more rational this time around.
We are talking about the Philippines. The guns do come from the US. The entire country is heavily armed -- compared to most countries -- especially Mindanao. Bullets are widely available. Some people would say this is exactly why the situation is not going to calm down and certainly not quickly.
Rephrase that juxtaposition as "teach everyone to read" and "only admit the top 1% [to elite universities]". Now you have gone from potentially contradictory normative statements to an uncontroversial description of the educational systems in most countries today.
Public education was a bastion of American liberal democracy [0]. But adult literacy is not merely an egalitarian project. It was and is an important source of average labor productivity gains. At the same time businesses practice elitism where it, too, is consistent with the profit motive.
I'm not sure what's to be gained from hiring C+ English graduates to staff the New York Times, nor from hiring 55th percentile CS grads to bootstrap your next startup. Let a business hire the best employees for the job to maximize marginal productivity, and by all means keep teaching people to code where it can raise average productivity.