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wachtwoord

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Everything posted by wachtwoord

  1. I've never understood why the trolley problem is a problem. If I know one group of people and not the other (regardless of group size) I flip the switch to save the group I know. If one group is more attractive than the other, I flip it to kill the uglier group. Otherwise why is it my problem? I leave it alone and yell, "Hey you, idiots, get off the tracks!". I never saw it as a problem for a different reason. Given I don't know any of the people I take no action no matter how large either group. If I take action I'll commit murder which is against my morals. Not taking action to save people is not murder and not against my morals. Not taking action is never a crime to me.
  2. Liberty I'm exactly like you in what you describe above. Extremely relatable.
  3. You already mention it as a drawback but the hindsight bias in this is off the charts and probably disqualifies the entire result. Maybe to reduce it pick up a large number of stocks at high relative multiples at the time you start your analysis and see whether the results hold for the entire group (probably not). The key here is really to identify quality businesses that will survive for decades to come. Can you reliably do this without the advantage of hindsight?
  4. Exactly what rb says: small (Netherlands) undiversified market, I don't like most companies and diversifying your wealth away from the country where you earn your paycheck is a nice bonus.
  5. Home country bias? Funny, I have an anti-bias to mine :P
  6. I coudn't access and saw an unstyled page with most elements missing.
  7. I've held Altius Minerals for nearly 3 years now. I have a 20% negative return (excluding dividends) on my initial investment but I bought way more on the way down (and sold some of it too). Net on a cost basis I'm up 11% on my position (excluding dividends). I have been investing for 6 years. EDIT: You mean what you're currently holding still? If not, I have quite a few I held for longer. For example MSFT for over 4 years at ~90% return excluding dividends (my first purchase). I think I held BAMM for over 5 years at a small loss. Edit 2: Altius is ~12% of my portfolio. MSFT I think was around 20-25% at the max (after running up).
  8. Thanks for this. Just out of curiosity, did you find your "high returners" on this forum or somewhere else?
  9. SD your understanding is incorrect. With MW you can cryptographically prove the amount of units in circulation at all times so you don't need to see all transactions (and it doesn't have a huge security whole like Zerocoin). If you wish to prove that you made a certain transaction you can still prove that (like with Monero).
  10. Can you elaborate - why would Turing completeness have anything to do with that? The split had to do with the DAO hack, no? There was no hack. There was a programming error in the DAO contract. The "hacker" executed the contract as it was written (not how it was intended, but alas). Personally I consider the hard fork theft (would be an extremely interesting court case!). Anyway,why is this programming error there? Complexity. Turing complete languages allow far too complex constructs to be created which will lead to scripts having "bugs" nearly always (like almost any computer program). Bugs in financial assets just render the whole thing untrustable. BTW: did you know Turing completeness allows the creation of loops (including the infinite variant)? Do the math. BTW2: If anything is interesting it's Mimblewimble (to increase privacy) which would require the Bitcoin script to be extremely simplified instead of made more complex. See here for the white paper: https://download.wpsoftware.net/bitcoin/wizardry/mimblewimble.txt
  11. ETH made the choice to become Turing complete and this exposes vulnerabilities making it unsuitable for a high value system (this has happened once already causing the split in ETH and ETC). Stick with Bitcoin and Monero is my advice.
  12. Of course Trump was wire-tapped (so is Obama btw). How are you even questioning this? Also believe in flat-Earth theory perhaps?
  13. Very good article thanks for sharing. Convinced me that they are undervalued on a relative basis at least. Personally the relative tax advantage does not apply to me however. Will consider buying a small position in one or both, but I definitely learned something reading this article. Thanks!
  14. A very large plus on eon this one. If you have an analytical mind simply reading the studies gives you a good idea which studies are bogus.
  15. This is complete nonsense. Excusing Trump's election by "PC drove people to the edge" is utter bull crap. At least if you said that white male entitlement drove people to vote for Trump, you might be a bit closer to truth. What the white males are entitled now? It's entitlement that is the issue here indeed, but not of white males but of a generation of special snowflakes.
  16. I'm curious: What is he "right" about? That women tend to play around a lot and will generally not be direct in admitting they want something to avoid losing face and to avoid being branded a slut. It's much better in that regard if the male led or if things "just happened". Much easier to deny. Looking for a true misogynist? Look no further than Benjamin Graham. Buffet is just stating a fact.
  17. Well, (unfortunately) he's right. Probably shouldn't say it knowing how the world is these days though.
  18. All the ad hominems show how completely lost the socialists are. I'm absolutely loving that at least ;D
  19. Wow this is extremely impressive (I just looked at the paper). Especially considering it was 200bb too. Extremely impressive. this is a very very hard problem to solve. Thanks for sharing this.
  20. No time to read right now but this is likely limit holdem. A far easier game for AI to beat than the more popular no limit holdem.
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