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> never the time to short a company

> can be part of a combination strategy


Never hold a net short position.

You may hold a short position as part of a net neutral or net long position with extreme caution.


What you are saying suggests that there's a single number (that can be positive or negative) that characterises your net short or long position.

That's silly.

You can build pretty much any kind of shareprice-to-payoff function with enough options and other instruments. And that's one dimension (a line) more than just a single number. You can get arbitrarily more complicated, if you want to.


Kagi has tons of results from Reddit and they're always high and relevant. I don't know if this means they're doing it even though they're "not allowed to" or what but they definitely get it somehow.


Kagi's search results (at least used to) include many Google search results mixed in with results from other sources. That used to be explained on Kagi's main webpage, but I don't see it there now. (And I don't know who pays whom for what in that type of arrangement.)


Kagi uses a third party API that scrapes Google results for their searches. Possibly SerpAPI? Either way, Google doesn't get paid because you can't pay for the kind of search access they want.


Kagi is probably paying Google for those results?


I responded to another comment in this thread with the details, but in summary, no.

See this previous discussion: https://news.ycombinator.com/item?id=46708678


When that news first went out, the article[0] I read at the time said that Kagi does purchase some of its indexing from Google.

[0] https://www.404media.co/email/4650b997-7cc3-4578-834c-7e663e...


Kagi sources their search results from Google.


This is false.

Kagi had a post discussing this which made the front page of HN about a month ago [1]:

> Google does not offer a public search API. The only available path is an ad-syndication bundle with no changes to result presentation - the model Startpage uses. Ad syndication is a non-starter for Kagi’s ad-free subscription model.

[1]: https://news.ycombinator.com/item?id=46708678


Some very dodgy wording here.

> Because direct licensing isn’t available to us on compatible terms, we - like many others - use third-party API providers for SERP-style results (SERP meaning search engine results page). These providers serve major enterprises (according to their websites) including Nvidia, Adobe, Samsung, Stanford, DeepMind, Uber, and the United Nations.

> This is not our preferred solution. We plan to exit it as soon as direct, contractual access becomes available. There is no legitimate, paid path to comprehensive Google or Bing results for a company like Kagi. Our position is clear: open the search index, make it available on FRAND terms, and enable rapid innovation in the marketplace.

https://help.kagi.com/kagi/why-kagi/kagi-vs-google.html


For the purposes of the discussion at hand, yes some results do ultimately come from Google, just via third-party SERP providers rather than Kagi paying Google for access since Google doesn't offer their own public API (and neither does Bing anymore).


Another comment mentioned the Philippines as the manifest frontier. SF is not on the same plane of reality in terms of density or narrow streets as PH, I would argue in comparison it does not have both.


Can you explain? I lived in PH, and my guess is that you mean navigating and modeling the unending and constantly changing chaos of the street systems (and lack thereof) is going to be a monumental task which I completely agree with. It would be an impressive feat if possible.

Edit: or are you talking about the allegations of workers in the Philippines controlling the Waymos: https://futurism.com/advanced-transport/waymos-controlled-wo... I guess both are valid.


Money is power. So to answer your question literally, if MY taxes went up, I would not have more power, but if the rich's did, I would because they'd have less power.


That's only true in relative terms. In reality tax rates go up or down on everyone at the same time, because that's how the negotiations shake out.

If taxes go up on everyone, the rich are still the ones that manipulate the government, but now they have control over more tax revenue. If taxes go down for everyone, the rich are still the ones that can manipulate the government, but now the government has less revenue and can't cause as much damage.


> In reality tax rates go up or down on everyone at the same time, because that's how the negotiations shake out.

This is absolutely false, especially in the US. Progressive tax brackets, breaks for the rich, and targeted changes for capital vs. income, deductions, etc. are the norm. Tax rate change is _always_ selective.


Yeah, I think a lot of this can be attributed to institutional and infrastructural inertia, abstraction debt, second+-order ignorance, and narrowing of specialty. People now building these things are probably good enough at React etc. to do stuff that needs to be done with it almost anywhere, but their focus needs to be ML.

The people that could make terminal stuff super fast at low level are retired on an island, dead, or don't have the other specialties required by companies like this, and users don't care as much about 16.7ms on a terminal when the thing is building their app 10x faster so the trade off is obvious.


Interestingly (or possibly not), since my very first computers had ~4K of RAM, I became adept at optimizations of all kinds, which came in handy for my first job - coding 360 mainframe assembly. There, we wouldn't be able to implement our changes if our terminal applications (accessing DB2/IMS) responded in anything greater than 1s. Then, the entire system was replaced with a cloud solution where ~30s of delay was acceptable.

I think the Internet made 'waiting' for a response completely normalized for many applications. Before then, users flew through screens using muscle memory. Now, when I see how much mouse clicking goes on at service counters, I always think back to those ultra-fast response time standards. I still see a few AS/400 or mainframe terminal windows running 'in the wild' and wonder what new employees think about those systems.


It's getting ridiculous. I know SPAs aren't to blame specifically, but it feels like whenever the 2003 page-based web interface is replaced with the modern SPA each action takes forever to load or process. Was just noticing this on FedEx's site today.


I agree completely. The internet did reset our expectations and tolerance for latency. My observation was not an endorsement by any means, I don't feel one way or another about it. But it sure would be nice to have speed!


It's also incredibly bizarre they'd go on such defense like this beyond zero evidence. Why on earth would someone make this shit up 18 years later?


Because people are just straight-up misinformed about this and get angry when I point this out rather than being happy to find out they were wrong. Here's an article from 2016 which was before the big wave of convictions happened in 2017-2019; it was 35 already at that point:

https://hartfordbusiness.com/article/fed-myth-busters-35-ban...

And, again, I'll remind you that until five minutes ago you thought the number was zero, and yet you're not happy to learn you're wrong. Puzzling.


These look to all be incidences of people who were convicting of defrauding TARP, which I doubt most people would even remember. Steve Carell and Ryan Gosling told me the credit rating agencies rubber-stamped bad derivatives and that banks were giving out loans without income verification. Did any executive or director ever go to jail for that?


Lots of loan officers and auditors were jailed, yes (more of the former than the latter, IIRC)


> Lots of loan officers and auditors were jailed, yes

Do you have any names?


As others have stated, people are upset at the lack of prosecution for causing the crisis, not literally the lack of any CEO committing any financial crime related to the crisis at all. From your own link:

> Goldsmith Romero said it’s wrong to say that bankers now in prison only came from small banks. She said that that some banks had assets of as much as $10 billion and were very big players in the states where they were based. But she said it is true that top executives at the so-called “too big to fail” banks have avoided any criminal charges, even as their banks paid tens of billions of dollars in fines to settle charges of wrong doing leading up to the financial crisis.

> “I certainly understand the frustration of the people who want to see accountability for those who brought on the financial crisis,” she told CNNMoney. But she said even when the big banks admitted to wrong doing, investigators were not able to prove criminal action by the banks’ executives.

Five minutes ago I was unhappy there were no apples, and you're showing me a stack of oranges and then acting like it's irrational for me to not consider all fruit equivalent. I imagine you'd claim this is goalpost moving, but when you're apparently getting into conversations about this often enough to have formed your own narrative about so many people being irrational, it's worth considering that maybe it's more likely that you as an individual have been misunderstanding what everyone else has been saying rather than large swaths of people all suffering from a massive delusion that you alone have managed to see the real truth about.


you put it better than I could have


Are you serious? You said “dozens of CEOs” have been jailed for their role in the 2008 crisis. That is categorically false.

The article you posted is about a banker convicted in 2013 for fraud committed in 2011 that has nothing to do with contributing to the 2008 crisis. No CEOs were jailed for that.

Take your anger somewhere else because the truth is that it’s still zero, just like it was 5 minutes ago and 18 years ago. What would you possibly have to gain from lying about stuff like this?


Nope, it's absolutely true. Sorry. It's (again) how I know nobody actually cares about this, because people would have noticed when the news reported on it in the 2010s.


Where is this database? Say names. Literally even one. Who are the dozens of CEOs? Why would you make something like this up and spread misinformation? It's been 18 years, even if someone had big stake in the game I can't understand why they would lie about this so steadfastly. Look it up.


I literally said "DOGE took it down" FFS it's like talking to goldfish whenever this particular topic comes up


is it on the internet archive?


If you're sitting about a meter away, that's probably fine. Most desks aren't deep enough, and any closer would be a real problem for head movement.

But if you have it wall mounted at eye level or a deep desk you're likely okay.


I am not really sure what you mean by "have television" - I, as I assume many here, have a TV "screen" as you put it, but it's used for Apple TV apps, home media server viewing, Netflix, and video games. I actually do have a digital antenna with it but never use it. I think the only time I have in the last 10 years or so was to watch one olympic event last summer.


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