Corporate greed is Tim Cook, the billionaire Apple CEO, claiming that hiking prices on Apple products by over $200 is "unavoidable" after it made $112 billion in profits last year & spent $310 billion on stock buybacks.
These price hikes aren't unavoidable. They're unacceptable.
@bigseb31213 Boomers are still an unbeatable voting block
"Youth vote" has been an oxymoron forever, and until Boomers aren't the most reliable voting group nothing will happen
SUCCESS! โ local people won the Aylesham case. Inspector dismissed the Berkeley appeal against refusal of planning permission. He cited English Heritage objection that it would be โan enormous wall of development, thus resulting in harmโ. See more here: https://t.co/t2cGThc290
Asked Claude:
'There's a meme called the "fix everything easily switch". What policies do you think are the best candidates for being a real fix everything switch in the US? Give me your top ten, your confidence, your reasoning, and why a given policy has not been implemented.'
@AmanitaFugax@seth_kafila Republicans stopped being conservative a while ago. Hell, I'm more conservative than the Republican Party.
Now they're just insane reactionary populists.
@showmeopie@kylekatarn95 He ran a suicide campaign in 24 against King and just doesn't have any sauce
Seems like an alright dude, but doesn't have nearly enough human or literal capital to have a shot
Had a Jane Street phone interview in 2016. "Price a 6-month forward on carrots."
There's no carrot futures market, so I build one from scratch: seasonal harvest cycles, USDA demand elasticity, cold storage decay rates.
One trader stops me. "Your storage cost functionโ you're modeling the carrot as dead inventory. Like grain in a silo." He asks me the metabolic respiration rate of a post-harvest carrot at 2ยฐC. I estimate.
"Your forward is overpriced by exactly that shrinkage. The underlying is consuming its own sugars. It's alive." Good correction. I adjust the model. I think I've recovered.
Rejection email comes the next morning. Subject: "Ethical Review." My framework, they write, "relied on the severance of the root organism from its growth medium." The question about respiration was a test. The carrot was still alive and I'd built an entire derivatives structure on top of its death without questioning whether harvest was an acceptable act.
I pull up the recruiter's original email. It doesn't say Jane Street. It says Jain Streetโ a non-violent quantitative commodities fund.
The carrot was never supposed to be priced. It was supposed to be refused. I later learn the only candidate who passed that round was a former monk from Gujarat who sat in silence for eleven minutes and said, "I cannot put a price on life." He's now a partner.