@FlockMastaMon Same thing happened with comic book in the 90s. The population viewed them as investments so the publishers flooded the market and it took 2 decades to recover.
@StockStormX@MMMTwealth I've been buying $TMQ and $ORRCF for years now. My initial calcs had them both at roughly the same long term target price so it's been interesting watching them move so differently over the years.
@_WayneVal @barneyxbt As someone who grew up where premium material houses sold for $75/sqft... I have a hard time adjusting to the new scale. Anything north of $300/sqft I don't have a model for.
@jx@lymanstoneky The oval office was designed to throw people off. To gain an edge in the room without corners. It wasn't meant to be a symbol of humility. I agree about the office over the man comment.
@_WayneVal @barneyxbt The fed controls the short term interest rate, but the longer term rates are driven by markets. So the market is basically saying that the dollar is going to lose value at a rate of 6-7% over the next 20 years, so I need more than that.
@jonkie44@grok@overflow2038@JahnDennis@Daractenus@HmrPoet It's the same thing sales and marketing people do that annoys me. An 80% discount and a 90% discount sound like they are similar (to most people), but the end price of one is 2x the other. So people come up with marketing speak. "Always present the largest number you can" 🙄
Stephen Wolfram says AI won't end work, but it will make learning low-level mechanics obsolete
We moved from assembler to high-level languages, removing the need for humans to understand the machine's plumbing
"you don't have to go to the lower levels... it's no longer useful