Not everyone should learn k8s. It is concerning to see people become desperate to learn to code so as to not be "left behind", this will likely lead to some very disenfranshised individuals in the future
Most AntiVirus vendors have something that resembles this in at some portion of their solution. It is often found in the web-protection side, which can easily be disabled if necessary.
At the same time, companies with a strong warchest are better prepared to weather the storm of an economic downturn and to afterwards, purchase valuable assets for pennies on the dollar.
> “Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, it's imperative that we rush outdoors carrying washtubs, not teaspoons. And that we will do.”
The thing here is you have to be confident in your ability to deploy capital during those downturns. Your average expected return over multiple cycles (cash returns mid/late cycle + opportunistic investments beginning of cycle) needs to be higher than broad equity returns.
^This.. I don't see why people thinking hoarding cash when capital is cheap is a bad strategy. It totally ignores the fact that ease of raising and cost of capital is time dependent. If you had a war chest of cash in 2008/2009, that'd be insanely valuable.
On the other hand, that's timing the market. But as the common wisdom goes, time in market pays better. Or does it? Do these companies know something that we don't? Is it different when you have piles of money?
Can you imagine having a bicycle made of casting iron with the technology of the past? Tetanus would be a problem, people wouldn't be able to have bicycles close to the ocean, it would be even dangerous if the person fell on the ground.
It certainly is amazing how people take for granted the marvels of current technology.
I guess the widely availability of free sources has skewed perspective on what is of value.