exactly. If you're engaging in a market, realize that approximately 90% of active participants will lose money in an efficient market.

A strange game. The most likely winning move is... not to play.

It’s weird - my peers always say I’m stupid for not investing my idle money in the various (stock) markets and the gains they show seem to confirm that - but ITT the sentiment seems to be quite different.

To be honest i cant be bothered is the real reason I don’t play but maybe it’s the winning move?

"You can't beat the market -- dollar cost average into index funds" is the sentiment I get from this thread, and also the one I agree with. Actively trying to pick stocks, unless you have extreme interest, ability, and resources to do so is hard. Betting on, basically, "the whole stock market" is a pretty good idea, or at least better than letting inflation take daily bites out of your cash. This is one where I think the received, mainstream wisdom (diversify, invest-don't-trade, investing should be boring, etc) is basically right.

Ponzi schemes can go up exponentially, until they're suddenly at zero.

I think the comment was to not play actively.

It's like arguing with God: he's got better info that you.

Greetings professor Falken

is 10% winner random or skill ?

Some random, some skill. The more people are following formulaic advice, the more opportunity there is to take their money with skill.

what about initial advantage and crime

I remember a newspaper article where journalists dumped amd searched curbed trash of police commisioner and politicians and published their contents. Badass activism journalism.

Maybe the solution is more tech joins forces with the fourth institution

it's the result of thinking carefully about the translation process.

humans as a whole have always known the weakness of natural language is in its precision. In a way this isn't strange that this issue has come up.

yes, it's totally bizarre. And RAM used to be a commodity, well sort of prior to the past two years. It definitely didn't drive the bulk of the bill of materials, however manufacturers honed in on it as a way of segmenting the market.

A Tower of Bable phenomenon

I mean, I wouldn't hate it if they got into cars

An Apple Miata is the dream. Take the design team from the MX-5 NA days and marry it to Apple's design team. Both are exemplar in engineering and the result has me drooling as I day dream here.

Apple design is the polar opposite of the MX-5. The MX-5 is a masterpiece of mechanical design and function. Apple makes minimalist purely electronic fashion gadgets that are highly form over function and remove user agency.

The Miata is good at one thing which is being fun. It’s not good at being a car. Apple’s devices meet most people’s functional needs very well.

What does it mean to not be good at being a car?

It’s a terrific car if you want a great handling convertible at a low price point. As you said, it’s fun.

It’s not good at moving a lot of people or things, or going really fast, or lasting for 500k miles, or being as cheap as possible. Other cars are good at some of those things, but what is the Miata missing that is otherwise required to be a ‘good’ car?

I imagine it would be held together with glue and tiny screws.

And the charging port will be on the bottom.

And it'd be a nonstandard charger

This has worked fine for Lotus products such as the Elise

There's already Ferrari Luce

Ugh.

I would love it if I could afford it, but yeah, that's my point.

Stickshift option instantly gone, with a recall to swap existing manuals to automatic

I'm very glad those Apple Car rumors didn't materialize

Then you'd need special apple fuel, special apple wipers fluid, special apple tyres…

i dont trust academics to not be dumb idiots. hes working with ant but using gpt. and then he cries foul? i cry dumb first

cancer is more than one thing. probably wont happen until we can manipulate the "binary" of life at will and we're very far from that. maybe a few years of ASI would get there depending on compute

if we all pile in, itll be bank of england redux