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Joined 2 years ago
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Cake day: July 2nd, 2023

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  • Originally shareholders received a part share in the total profitability of the company. A dividend was the main source of income from investing.

    It didn’t take them long to figure out that buying and selling shares of a company to other investors was usually more profitable than dividends. Its a hell of a lot easier to lie about potential value of the company than it’s current reality.

    So for the past 100+ years the market value of the shares are often separated from the reality of the company. The value of the shares only exists because people or automated programs are willing to pay the amount. This is how companies who are operating under a huge deficits have increasing stock prices.

    Since the value of the shares can be so easily manipulated, market manipulation is the normal way investors make money today. It also means that major stockholders don’t give a fuck about long term value of the company, the employees, or the damage to society & the environment they cause. They only care about making quickest profits, then passing the dumpster fire they created onto somebody else.



  • I have been working through deleting reddit comments. Then reddit repopulates them because they are hit by a Google search. So so I go through and delete them again.

    When reddit blocked my favorite mobile app, I bailed. So I am now on connect for Lemmy. It works almost seemlessly now with a few bugs. It’s basically the same user experience as the old Tapatalk for forums that they made almost 20 years ago now. A good user interface is a good userinterface.


  • It only works if you paid for the very first new vehicle in cash. Save up for 2 years and cash out the subsequent vehicles as well. Then the numbers pencil out.

    If you to take a loan out it’s fucking stupid.

    After 2 years at 10k miles per year, historically you have lost 20% or so of the value of the car. With a 5 year loan you have paid the principle down to around 63-64% of the original value.

    This means you can trade in the car for more than what you owe on the loan. The difference is a partial or total down payment on a new vehicle.

    Lenders strongly encourage this behavior. Due to the amortization schedule 2/3rds of the interest is paid during the first 2 years. So people who do this with loans are always paying the highest intereston their vehicle.

    The best thing to do finacially is to buy a car with 20-30k then run it for as long as possible. Once the cost of a common major repair is more than the value of the car, get another low mileage used one.





  • The phones in the midrange are getting to be better than the top end ones in my opinion. Decent enough build quality for the phone to last 3-4 years. Expensive enough that the bloatware is reduced. If the company does do a modified launcher it’s generally pretty clean.

    I am liking the OnePlus 13R I picked up. Stable UI, decent battery life, and not a bad price. The stock launcher does a pretty decent job.

    For my work phone I have a Pixel 8. I really regret buying it. I had to disable 30 different bloatware apps. Plus I have 4 apps that I have rejected all updates because they can’t be disabled. I also installed a launcher because the stock pixel UI is trash. The hardware is solid and works well once you clear out the buggy bloatware

    Apple made a major fuckup with IOS26. I upgraded my iPad and felt nauseous from the blur effect almost instantly. I can’t completely get rid of it, just make it less horrific. Their “new” multitasking options I am not even bothering to turn on or try to use yet. This is like their 10th edition of multitasking. Let’s see if they get it right this time. Then I will bother to learn their “simple” process that usually involves having to read a manual and remember half a dozen new commands. Fuck it still takes me 2 or 3 attempts to get the the home screen without a button.


  • There’s a vast difference between advertising a good product that is useful to hyping trash.

    Good products at a reasonable price usually require a brief introduction but quickly snowball into customer based word-of-mouth sales.

    Hype is used to push an inferior or marginally useful product at a higher price.

    Remember advertising is expensive. The money to pay for it has to come from somewhere. The more they push a product the higher the margin the company/investors expect to make on its sales.

    This is why if I see more than one or two ads for a product it goes on my mental checklist of shit not to buy.







  • The cycle of megacorps- this works in most industries with a lower barrier of entry.

    First the industry begins as a bunch of small competing startups that build a shit ton of absolute trash. Eventually a few companies find the right formula and start to find some medicum of success. Innovation is rapid but quality is low.

    Next the industry consolidates in a feeding frenzy of mergers and aqisitions. During this time innovation is high but demands for quality is also high. New startups are constant as the forming megacorps pay high prices to control innovation or suppress competition.

    Then the consolidation reaches a peak. At this point innovation almost completely ceases as megacorps refuse to pay out any more. Quality rapidly decreases as the few remaining megacorps try to maximize profits. The entire industry turns to shit products and high prices.

    The only thing that can save the industry from stagnation is government anti-trust action breaking up the megacorps into smaller competing companies like in the second stage.