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Joined 2 years ago
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Cake day: June 7th, 2023

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  • After my time in Finance (which, curiously, also involved a Crash in the Industry I was working in)

    A-ha! We’ve found the cause of the market crashes.

    Joking aside, I was around for the dotcom bubble burst and the 2008 crash. Both were caused by wild speculation and we seemed to have learned nothing from them. I have little doubt we’re headed for another recession and it will again, be driven by speculation. We also have a problem with private equity (I call them “vulture equity”) which likes to capitalize on businesses which are struggling . They swoop in, buy up the company in a leveraged buyout, and then start extracting as much value from the company as possible. Usually this is in the real estate that the company owns. Once all of the value is extracted, the company is spun back off, saddled with the debt used to buy the company in the first place, and then it flounders until it ultimately collapses. This was the fate of companies like Sears or Red Lobster. Once a vulture equity company engages in a leveraged buyout of a company, that company is doomed.


  • I very briefly considered it but don’t trust my awareness to get out in time, plus participating in the scam would eat me up.

    Ya, one of the best pieces of advice I got was, “never gamble money you can’t afford to lose”. This is what keeps me out of trying to chase that tiger. Sure, it could be possible to make some money by jumping on one of these scams early and trying to ride sell the bump. But, it’s also likely that be the sucker losing out in the end. I’d rather not waste my money that way.



  • sylver_dragon@lemmy.worldtomemes@lemmy.worldGets confusing
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    1 month ago

    I played naked frisbee on the front lawn of my college once. I thought it would be effortless but in fact it’s extremely painful to have your nuts bouncing around unsupported like that.

    I had a similar discovery about kickboxing practice and boxers. It’s not fun when you’re holding a thigh pad for your partner to practice kicking, and you realize that your legs can transmit energy, much like a newton’s cradle.



  • Never mind recent motherboards, I’m still salty about the era of boards from 2004-2010 or so which had USB ports but the BIOS would refuse to accept inputs from them until after POST so you’d have to dredge up a separate PS/2 keyboard and jack it in to be able to configure the damn thing or use the boot menu.

    Had one of these in a server rack. Which was all kinds of fun because the rack KVM was USB. We ultimately just left the PS/2 keyboard plugged in and sitting on top of the server in the rack. Given the shitshow which was cable management in those racks (we shared them with several departments), that keyboard was hardly the worst sin.








  • arch-based distros are more noob-friendly

    I’ll take some of whatever you are smoking. And I am typing this on an Arch Linux system.
    Sure, I love that I have a high degree of control; but, if I were planning to ask a new user to install Linux, I would not be handing them Arch. The Install Page may look nice; but, it’s a minefield of “oh go chose something” and you come back three hours later having read way too much detail about bootloaders.

    Arch is fantastic for choice, but the KISS principal is not available via pacman. It may be available in AUR. So, go learn what AUR is, spend way too long picking an AUR package manager only to learn it’s not available their either and you need to build it from source.

    Joking aside, I do need to try the SteamOS install. That might actually be a noob-friendly Arch distro.