BodilessGaze @ BodilessGaze @sh.itjust.works

Posts

4

Comments

241

Joined

2 yr. ago

I wonder how many people still get that reference.

I share your distrust, and I'm still pissed that there weren't more serious consequences for banks after the 2008 bailouts, but that literally can't happen with Vanguard. Vanguard has over 10 trillion dollars in assets under management. The entire US budget for 2024 was 7 trillion. The only way the government could bail them out is printing trillions of dollars, which will lead to hyperinflation, and nobody wins in that scenario.

Vanguard is too big to fail. I hate that term, because it has a history of being used by CEOs to mean "please bail us out for our stupidity", but it's absolutely true in this case. If Vanguard goes under, literally the entire US financial sector is going with it, and you'll have a whole lot more to worry about than retirement savings.

Index investing really isn't complicated. I have a seven figure portfolio that's almost entirely composed of 3 funds (VTI, VXUS, BND), all in Vanguard. Anyone who tells you that you need a complicated portfolio to get rich is either ignorant or trying to sell you something. Look up "bogleheads investment strategy" if you want to learn more.

Where are the Snowdens of yesteryear?

Good product managers are worth their weight in gold. Most aren't good.

Good scrum masters are worth their weight in lead.

Are those historically accurate jorts?

What is that from?

But the company has already invested so much into the CEO, they can't just let him go because he doesn't understand the sunk cost fallacy! /s

And it's highly effective!

Predation accounts for a relatively low rate of nest failure: only 34% compared to an average of 80% for birds in similar habitats. This may be enabled by their well camouflaged nests, or simply the lack of local predators.

https://en.m.wikipedia.org/wiki/White-browed_tit-warbler

Only for male fashion. For the ladies, brown is in.

Not out of range for moral support. I'm sure there's an alien out there having a shitty day. Like, maybe his spaceship got towed and he lost his job at the Dyson sphere. I'm rooting for you, buddy!

You're going to regret those words when you die and face judgment before the Moth God.

Is it really worth it?

"Why didn't they just get the Eagles to take the ring to Mt. Doom?"

"Tolkien was really bad at subtlety and metaphor. Depicting Sauron as a literal flaming eye is such a dumb literary choice."

"Why does the Balrog have wings when it can't fly?"

They say money can't buy happiness, but it can buy apples, and that cat looks pretty happy to me.

DEI stands for "DS2 Enjoyers Inclusive"

I don't think having well-defined precision is a rare requirement, it's more that most devs don't understand (and/or care) about the pitfalls of inaccuracy, because they usually aren't obvious. Also, languages like JavaScript/PHP make it hard to do things the right way. When I was working on an old PHP codebase, I ran into a popular currency library (Zend_Currency) that used floats for handling money, which I'm sure works fine up until the point the accountants call you up asking why they can't balance the books. The "right way" was to use the bcmath extension, which was a huge pain.

I work at big tech (not MS) and yes, the comp package really is that good, though not as good as it used to be. I immediately doubled my total comp when I came here from my last job, and now it's ~5x. I could retire right now if I wanted, so I don't care about layoffs anymore.