@GHNaromo@awealthofcs "at the start, the limited partners bring the money and the general partner brings the experience. At the end, the general partner has the money and the limited partners have the experience"
@CliffordAsness hate to say the quiet part out loud, but this is an effective strategy (in the USA) because the tax authorities are lax and plenty of grey areas exists in the tax law. The "charitable outcome" is you launder the fucking money.
@Nicholas_Meyers He's super bright, but I've always viewed him as a great example of tactical failures & hubris. Anytime over 20 years with the same view he could have gone 25% each LT bonds/cash/gold/utility stocks. But no. His port construction had to perfectly reflect his brilliance.
@Hitchslap1 fwiw, I read this as "I have a median IQ, and I work with people tightly bunched around the median IQ level."
i.e. she's simply never interacted much with higher IQ types, most of which are found in the private sector.
@17cShyteposter The new some darling they’re all being assigned to read is “Giovanni’s Room.” Apparently it’s about a gay black dude in Paris in the 50’s. Lmfao.
@DividendGrowth@MikeFritzell Like 15/20 richest families in Singapore are real estate. And this never changes. All the growth, dynamic economy changes, whatever. The new boom thing wealth somehow never sticks.
@ATabarrok sad liberal men like yourself will scold anything that a normal heterosexual male would find exciting. a knight, a policeman, a conquistador, whatever.
In this case it's a flyover. but that's not important. what's important to you is that it appeals to a normal heterosexual man.
@Mr_Neutral_Man tough part is it's hard to come up with one of the 1000 good responses you think of later. e.g. "stop worrying about us and go feed your 6 cats sweetheart."
the Belgian Prime Minister today at the “One Europe, one market” event: "there are twice as many people working on compliance compared to innovation in Europe."
@robbysoave@scuttleblurb It’s like how bumpkins would be talking with each other after attending some hellfire preacher’s sermon in the Great Awakening.
@PeterMallouk I'm agnostic, but noticed those who dispute this do so with a vitriolic tone of moral and intellectual superiority. So basically, the churchgoers win either way.
@RichardHanania Leo Africanus, a medieval Spanish traveler, visited Niger. They cooked a slave child at a banquet meal, but joked he didn't have anything to worry about because he wasn't ripe yet.
In addition to enterprises pushing to better understand token costs, I think the consumer models (I use many) are "trying less hard" recently. Meaning, trying to do answer without web search. Angling to give up sooner. I have to believe this is a result of cost optimization.