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Family Values posted:Let me help you generalize: 'Rich people have proved that the SEC is a joke when it goes up against rich people. However the SEC is not a joke if you are not rich.' Man I need to read No One Would Listen again. Nail on the head.
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Nov 5, 2019 22:46
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AFashionableHat posted:So this seems good. ahahahahahahahahahahahahahahahahahahahahahahaahahaha oh my god robinhood continues to deliver
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Nov 5, 2019 22:52
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what that robin hood thing means is, basically, robinhood accidentally allowed their users to place immense bets on the market that (while theoretically still just the user's loss) is actually heads the user wins, tails robinhood loses AGAIN
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Nov 5, 2019 22:55
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I like it when Robinhood intervened and closed 1R0NYMAN’s positions, freeing him from liability. They never even contacted him.
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Nov 5, 2019 23:03
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lmao gold dupe bug irl what will they think of next
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Nov 6, 2019 00:21
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Nov 6, 2019 00:32
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evilweasel posted:ahahahahahahahahahahahahahahahahahahahahahahaahahaha It gets a bit better. Some rear end in a top hat used this to buy a bunch of shorts of Apple stock. Because he felt that it wouldn't meet expectations due to having the most female executives. He found himself ~$60,000 in debt from the $2,000 he put in initially.
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Nov 6, 2019 01:00
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luxury handset posted:suburbs exists to drive the cost of homeownership low enough to be broadly accessible to the middle class There's no loving 'want' about it, the job market is such that even as a gen xer I know I will never live in one place long enough to pay off a mortgage, and am still paying student loans while mid-career.
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Nov 6, 2019 01:14
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Liquid Communism posted:There's no loving 'want' about it, the job market is such that even as a gen xer I know I will never live in one place long enough to pay off a mortgage, and am still paying student loans while mid-career. a lot of people don't
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Nov 6, 2019 01:45
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Uber’s stock lockup expires tomorrow, so that should be interesting lol
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Nov 6, 2019 03:29
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Liquid Communism posted:There's no loving 'want' about it, the job market is such that even as a gen xer I know I will never live in one place long enough to pay off a mortgage, and am still paying student loans while mid-career. I'm curious to see, in future years, if the concept of having a home town will disintegrate, or if "where are you from?" will be unanswerable for most people. I'm 37 years old and have never lived anywhere longer than five years. Between all the moving my parents had to do and my own career graduating, I've lived in 24 homes across 19 states. My wife isn't quite as extreme but has still never lived anywhere longer than 8 years herself. The concept of "hometown" doesn't exist to either of us. We don't go "home" for the holidays, we aren't from anywhere, and I can't even get citizenship from my birth country. I highly doubt we're outliers among the old millennials/young X'ers.
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Nov 6, 2019 04:12
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Sundae posted:I'm curious to see, in future years, if the concept of having a home town will disintegrate, or if "where are you from?" will be unanswerable for most people. I'm 37 years old and have never lived anywhere longer than five years. Between all the moving my parents had to do and my own career graduating, I've lived in 24 homes across 19 states. My wife isn't quite as extreme but has still never lived anywhere longer than 8 years herself. I dont mean to pry. But whats your profession? I just want to understand the example better
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Nov 6, 2019 04:32
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WAR CRIME GIGOLO posted:I dont mean to pry. But whats your profession? I just want to understand the example better No worries about prying; I'm pretty open about it over in BFC. My parents and my wife's parents were both military. Mine were relocated every 1-2 years usually, maybe averaging closer to 2.5 or so once a few of the longer 4-5 yr stints are accounted for. I'm in pharmaceutical R&D now, and I ride from one massive set of layoffs / job-hop-to-advance to the next since the industry is only stable for shareholders. 
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Nov 6, 2019 04:44
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Sundae posted:No worries about prying; I'm pretty open about it over in BFC. My parents and my wife's parents were both military. Mine were relocated every 1-2 years usually, maybe averaging closer to 2.5 or so once a few of the longer 4-5 yr stints are accounted for. I'm in pharmaceutical R&D now, and I ride from one massive set of layoffs / job-hop-to-advance to the next since the industry is only stable for shareholders. Okay I 100% get your bouncing around state to state etc from that. Your moving for your profession like a loving figurative contractor I think you are an pretty major outlier though. Most people dont leave their homes permanently or do so once or twice.
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Nov 6, 2019 05:54
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Doggles posted:My girlfriend moved into a newly built place last year. It came with the Ring smart doorbell. The front door has no peephole. She gets a "motion detected at the front door" alert on her phone every time someone parks at any of the other units nearby. And if the internet, router, or Ring servers ever have an interruption in service... Speaking of... https://twitter.com/internetofshit/status/1191807646598344710
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Nov 6, 2019 06:10
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Imagine if they sold the data to DHS/ICE/INS... 
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Nov 6, 2019 06:58
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WAR CRIME GIGOLO posted:Okay I 100% get your bouncing around state to state etc from that. Your moving for your profession like a loving figurative contractor It's going to be interesting to see where it goes. A lot of traditionally white-collar jobs can be done from literally anywhere now, because teleconferencing and document sharing has gotten so good, and companies are starting to hesitate to move people to the coasts due to the skyrocketing cost of living in the Bay, Seattle, NYC, and DC. On the other hand, the less skilled workers are more likely to have to move as automation gets rid of blue collar jobs and creates more job deserts like post-industrial Detroit.
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Nov 6, 2019 07:13
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Sundae posted:I'm curious to see, in future years, if the concept of having a home town will disintegrate, or if "where are you from?" will be unanswerable for most people. I'm 37 years old and have never lived anywhere longer than five years. Between all the moving my parents had to do and my own career graduating, I've lived in 24 homes across 19 states. My wife isn't quite as extreme but has still never lived anywhere longer than 8 years herself. there have always been people who moved around a lot. army brats, migrant ag workers, folks looking to migrate or settle new land. it's never really been a norm but also, people roam
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Nov 6, 2019 07:29
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According to statistics from the early 2010s, the average American moves 3 times before 18, 6 times between 18 and 45, and 3 more times between 45 and death. The majority of these moves stay in the same area, often same city. Except for big relatively moves like for campus residence/college apartments, and for retirement communities/nursing homes. Personally i moved twice before 18 (though does it even count when you're an infant?), and six times since then already, with 4 of those moves being within the same areas (thrice in Blacksburg, twice in/near Boston).
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Nov 6, 2019 07:51
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fishmech posted:According to statistics from the early 2010s, the average American moves 3 times before 18, 6 times between 18 and 45, and 3 more times between 45 and death. The majority of these moves stay in the same area, often same city. Except for big relatively moves like for campus residence/college apartments, and for retirement communities/nursing homes. I'm mad jealous of anyone who moved only three times before they were 18, by that point I think I had lived in 6 different places from Maui to Vermont. As an adult I'm active duty military so moving constantly is all my fault but I have never known an actual hometown like other people.
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Nov 6, 2019 08:28
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Softbank lost $4.6b thanks to WeWork, and Masayoshi Son basically called Adam Neumann a con-man without using those precise words.
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Nov 6, 2019 14:08
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I don't think being a military brat is all that common tho.
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Nov 6, 2019 14:22
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Feinne posted:Softbank lost $4.6b thanks to WeWork, and Masayoshi Son basically called Adam Neumann a con-man without using those precise words. Is it a con if he tells you exactly what he's going to do with your money, then does just that? They're supposed to be sophisticated investors, they bought into his 'vision' while the whole of the wider world was telling them how stupid it was.
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Nov 6, 2019 14:38
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peanut- posted:Is it a con if he tells you exactly what he's going to do with your money, then does just that? They're supposed to be sophisticated investors, they bought into his 'vision' while the whole of the wider world was telling them how stupid it was. To his credit the quote I saw suggests Son does in fact feel pretty foolish for trusting him at least, which is probably the closest thing a billionaire can come to emotion.
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Nov 6, 2019 14:46
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HootTheOwl posted:I don't think being a military brat is all that common tho. But moving to where the jobs are at any given moment sure is.
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Nov 6, 2019 14:53
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Feinne posted:Softbank lost $4.6b thanks to WeWork, and Masayoshi Son basically called Adam Neumann a con-man without using those precise words. This is what I found for this quote quote:"We created a monster," Son has told colleagues, according to the paper. And in reference to Neumann: "We gave him all the capital." I didn't see the con-man part. This is more interesting to me: quote:"If SoftBank says this is the value, how much of that should you believe?" the Financial Times quoted Kirk Boodry, a technology analyst at Redex Holdings who publishes on Smartkarma, a research platform, as saying. It never dawned on me but its now kind of obvious that private investments in these companies means that the buyer gets to declare the value of an asset as its paid for and a lot of people pretend that the value is accurate instead of being skeptical. I can't believe that never really hit me before but I also can't fathom why someone would accept such a claim to value. I guess there isn't any other alternative and the rewards for playing the game are so great.
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Nov 6, 2019 16:04
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MickeyFinn posted:It never dawned on me but its now kind of obvious that private investments in these companies means that the buyer gets to declare the value of an asset as its paid for and a lot of people pretend that the value is accurate instead of being skeptical. I can't believe that never really hit me before but I also can't fathom why someone would accept such a claim to value. I guess there isn't any other alternative and the rewards for playing the game are so great. Yeah, it's pump-and-dump. I'm sure that SoftBank will survive this with ease, they can't be hiding other overvalued assets or revenues. 
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Nov 6, 2019 16:08
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AceOfFlames posted:But moving to where the jobs are at any given moment sure is. Or the rent is cheap. Or which one of your parents talks you into moving in with them.
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Nov 6, 2019 16:12
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WAR CRIME GIGOLO posted:I think you are an pretty major outlier though. Most people dont leave their homes permanently or do so once or twice.
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Nov 6, 2019 16:23
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Mister Facetious posted:Imagine if they sold the data to DHS/ICE/INS... As opposed to what they do now which is give it to them for free?
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Nov 6, 2019 17:15
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fishmech posted:According to statistics from the early 2010s, the average American moves 3 times before 18, 6 times between 18 and 45, and 3 more times between 45 and death. The majority of these moves stay in the same area, often same city. Except for big relatively moves like for campus residence/college apartments, and for retirement communities/nursing homes. Credit where it's due - thanks for posting stats on this! 
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Nov 6, 2019 17:55
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https://www.washingtonpost.com/loca...88b6_story.htmlquote:A pedestrian killed when she was struck by a self-driving Uber SUV last year probably would have been saved if the company had not disabled the automatic emergency braking feature that came with the vehicle, according to new documents released Tuesday by federal investigators. So who gets charged with manslaughter in the alternate universe where tech companies don't get to literally get away with murder?
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Nov 6, 2019 18:12
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Family Values posted:Let me help you generalize: 'Rich people have proved that the SEC is a joke when it goes up against rich people. However the SEC is not a joke if you are not rich.' Everybody should read The Chickenshit Club: Why the Justice Department Fails to Prosecute Executives by Jesse Eisinger about the failure of DOJ/SEC in prosecuting white collar crime.
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Nov 6, 2019 18:30
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duz posted:As opposed to what they do now which is give it to them for free? I accidentally had an attack of optimism that such wasn't the case.
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Nov 6, 2019 18:41
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Arsenic Lupin posted:Huh. I just did a quick count, and my husband and I have lived in 4 different geographic locations in our 35 years of marriage. We are nomads, following the migrating software jobs as is our ancient custom. Migrant software engineers... Now this is the tech thread post i was looking for
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Nov 6, 2019 19:05
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GrandpaPants posted:https://www.washingtonpost.com/loca...88b6_story.html Doesn't take into account that jaywalkers exist 
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Nov 6, 2019 19:11
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https://twitter.com/maxwellstrachan/status/1192140451178012672 Good luck with that.
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Nov 6, 2019 20:19
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https://twitter.com/ceciliakang/status/1192159161007693828
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Nov 6, 2019 20:27
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Doggles posted:https://twitter.com/maxwellstrachan/status/1192140451178012672 *scam host checks his e-mail* "From: AirBnB: Click the link to verify your listing!" *clicks*
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Nov 6, 2019 20:34
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Doggles posted:https://twitter.com/maxwellstrachan/status/1192140451178012672 I was certain they said all their listings were already verified!
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Nov 6, 2019 20:37
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