Your NM friends have better Spanish than anyone else in this thread.
Meanwhile, my fellow Texans have famously bastardized “chile con carne” to refer to spicy beef stew, and would tend to specify “chili pepper” to refer to the actual fruit itself.
> That said, I can't think of a situation where degrees (of temperature?) would disappear in a mathematical operation.
I regret that the decades that have elapsed since I studied physical chemistry & thermodynamics don’t permit me to make a proper answer, but if you want this to make sense I believe you should look many orders of magnitude smaller- Boltzman’s derivation of the ideal gas law from Newtonian mechanics using statistical methods.
Temperature is basically thermal density; it’s not really a fundamental unit. Chemical engineers use steam tables all the time to convert temperature to heat or other quantities.
You guys are familiar with how we arrived at this particular regime of mispricing risk, right? It’s preferable to the alternative. This is why banks are tightly (but imperfectly) regulated.
Similar observations apply to that more fundamental instrument of mispriced risk - limited liability business entities. The worst possible arrangement, except for all the others.
Personally I prefer to tilt at the windmill of the asymmetrical payoff diagram of US CEO compensation structures. While it’s still the case that nobody much cares about my opinions on the subject, this one at least has less of an aspect of battle-tested socioeconomic optimality.
It is news to me that websites can so easily be coerced to fork over user data by private citizens prosecuting fairly petty civil actions. Is this about par for the course in European jurisprudence, or a high water mark for right to due process in the digital age?
The first order effects seem pretty benign, even salutary - but I’m not sure the court really thought through all the implications here.
Is the Dutch legal system inviting themselves to become a party to every single he said/she said drama on Facebook?
What will Facebook need to do to extricate themselves from such an odious entanglement?
As high as engineering director candidates still need to pass a coding interview (at pretty relaxed standards), and write code to clear tasks in bootcamp (just a few). If you won't get your hands dirty, even a little, to send a signal & land a job, then either you don't want it or you'd be a bad fit for it.
> Terminology: in the tax preparation industry, "pre-tax" and "post-tax" usually only refer to contributions (not account types) that are or are not (respectively) excluded from current income. Earnings in the account over time are either tax-free or tax-deferred (depends on account type and what the distributions of said earnings are eventually used for), and distributions are either taxable (possibly with penalty), or tax-free.
This is all true as far as it goes. However, if you've ever had to do any work for one of the trust custodians, you'd be keenly aware that DOL regulations require that all the different types of contributions be segregated into different accounts - or if you physically commingle the funds, you have to account for them separately on your own books.
So there are in fact different accounts for pre-tax & post-tax... except it's actually more like pre-tax employee contribution, pre-tax employer match, pre-tax employer profit-sharing, post-tax employee contribution, post-tax excess contribution, etc. etc.
These different account types are used to track the tax character of the eventual distributions. If you didn't have different pre- and post-tax accounts, it would be a frickin' nightmare to prepare forms 1099-R
> Out of interest, how does this work? In my ignorance, I'd have imagined a number of different chemicals with similar properties DMT that would also dissolve in the naptha.
Sure, that's right. The extraction step ... converting alkaloid salts to free base, mobilizing to nonpolar fracton... would indeed give you a mix of chemicals; DMT is not unique in its electrical properties in this regard.
The following step (crystallization) dramatically bumps up the purity of your sample.
The flim-flam comes when management argues that they don't need to book a compensation expense. Happily, though, this flaw in the GAAP has long since been cured.
Happily, the FASB isn't fooled by this particular sleight-of-hand. Not anymore, at any rate; they quit letting themselves get bamboozled by Silicon Valley flim-flam accounting for options more than 15 year ago.
If the shareholders have constant ongoing dilution due to continual share issuance, they have run just to stay in place. This is pretty straightforward, and what the GAAP are communicating to FS readers. You have a comp expense, of course (you gave something valuable to an employee instead of selling it for cash), and you also have the dilution, without even getting the cash in return. It's the only appropriate way to account for it.
Selling stock doesn't impact the income statement; it is NOT revenue. It is capital raised. Your series of transactions would net to debit expense $1B, credit equity capital $1B. It would definitely fuck up your earnings, as it should.
Stock compensation is compensation and should be expensed. It's not just GAAP, it is plain common sense.
The dilutive effect on EPS isn't any kind of double-counting. It's just a proper accounting for the way the shareholders are constantly bleeding value to sustain normal operations.
I followed the tenets laid out in this article to provision a home router on NixOS... only difference is I used BTRFS snapshots instead of ZFS (which would have been pretty heavyweight for a packet filtering appliance).
It's a pretty great system for such an application. All the details of all the specialized, rarely-touched, hard-to-remember moving parts (nftables syntax, dual-stack DNS resolution, RS-232 serial connection parameters, etc. etc.) are all neatly collected under /etc/nixos for future me to puzzle out... and under version control, backed up offsite. It would be pretty easy for me to swap out failed hardware or upgrade it.
I wouldn't mind getting more infrastructure set up on these lines, and then maybe figure out a good setup for NixOps.
It wasn't too bad learning a little Nix to keep the configs DRY, modularized and parametrized. I find the results clean & readable, even though I'm hardly a grade-A FP propellerhead.
My main complaint was that nftables rules need to be expressed as dead strings instead of proper objects in the Nix language, which limits their composability. This would be a nice thing for the wish list.
> I have been pretty damn consistent in saying that this clearly belongs with FINRA and/or FDIC
Naw dawg. FDIC isn't a regulator. You were perhaps thinking of the OCC? Their jurisdiction is just over banks.
And you have to understand that the entire framework of securities & exchange law sets up SEC as the regulator of all that shit. It's, like, explicitly laid out in the 33/34/40 Acts.
Wall St. guys (exchanges & broker dealers) have managed to carve out a little relief and petitioned SEC to allow them to regulate themselves for some annoying bureaucratic stuff.... but for anything major, the SEC steps right in and asserts their jurisdiction.
For example, if you're arguing that cryptocurrency-related lending is in fact some sort of securities lending, then it clearly falls under Rule 15c3-3 under the '34 Act.... which, you will note, is promulgated and administrated by the SEC. It's what they do. The SEC gives marching orders to FINRA, and then FINRA codifies some policies & procedures. If FINRA is fucking up, or they don't want to handle it, then the buck still stops right on the Commission's desk.
Thanks for the recommendation, always happy to see people getting use out of ofxtools.
Unfortunately, it's far from true that all institutions supporting Quicken downloads can be found via ofxhome. That list was originally sourced from parsing MS Money API, and has been only sporadically updated in a manual case-by-case fashion. Also ofxhome is set to go away pretty soon.
<shameless plug>
If you're using Python, and you want to import transaction/balance data without handing over your passwords to some third party, you can try
We have that Lodge cast iron wok too, but don't use it for stir-frying... very clumsy. Instead we use it for deep frying - a task for which it's better suited than any-other our other vessels.
We do our stir-frying on a regular 14 in carbon steel wok, nothing fancy. It does take a bit more oomph than most American gas stoves provide, but we've had good results by ponying up for a Bluestar range [0] which outputs 25K BTU/h ... well short of what you see in Chinese restaurants, but on par with Western commercial stoves.
Actual Asian households don't generally cook on fancy restaurant stoves, and yet somehow manage to stir-fry satisfactorily. The trick is they use propane, which has about twice the energy density of natural gas. So it's a lot more effective (and cost-effective) to use a turkey fryer/crab boil burner to do your stir-frying, if you can swing it.