If I understand it correctly, the reasoning is that until the late summer, the underground root system is putting its energy towards growing the stalks and leaves, so you _want_ it to grow as much as possible. If you trim daily, you'll never let it get into the rapid growth stage where it's really depleting its energy reserves. In other words if you trimmed daily or monthly til the end of time, eventually you'd kill the plant, but it might ironically die more quickly if you trimmed monthly.

It's a bummer knowing that it'll be hard to fully eradicate it given how widespread it is in the area (I'm also in Massachusetts), but I guess there aren't really any permanent victories in life when you think about it.

Once you've taken out a fixed-rate mortgage, inflation absolutely has the effect of reducing the value of the debt you owe. It's more if you're about to take out a mortgage that you're rooting against (expectations of) inflation, as lower inflation will also serve to decrease the prevailing interest rate.

I used to be frustrated that the parents in Bluey seem to have endless energy and attention to devote to their kids – at least with S&D, I didn't feel like there was such a lofty version of parenting with which to compare myself. But I've come to realize that the playful and fun dad in Bluey is a much better role model, for me personally, than the dads who are just sort of vanilla and kind (Daniel Tiger, Doc McStuffins), not to mention the dads who are just awful (Peppa Pig). Physical comedy, imaginary play, and committing to the bit, are all great for having fun while also connecting with young kids. Sarah and Duck obviously didn't teach my any of that, so it's been a useful change of pace as my daughter has gotten older.

U.S. GDP is north of $25 trillion and has grown 75% since 2009. Annual VC investments appear to be in the $200-300 billion range, from a quick search - presumably not all of it going to unprofitable SaaS companies. I'd go with the statistics over the gut intuition here.

I do agree that this era of low interest rates has led to some companies getting absolutely massive without ever turning a profit. But hey, that playbook worked for Amazon. Most tech companies have substantially lower capital requirements than WeWork, and can weather this sort of downturn as long as they have a reasonable cash position. Sure, Uber might not make back the amount of funding it's burned through, but that's different than it having a business where the unit economics will never work out.

I'm guessing that the beer brewer you spoke with was talking about the cost of buying distilled or RO water, as opposed to the cost of the water adjustment itself. It's probably a lot more economical if you're cleaning and reusing graywater, vs. trucking in distilled water, or running municipal water through an RO filter and essentially paying twice for water treatment.

As I was trying to point out to the parent commenter, conflating "$100m today" with "$100m at maturity" leads to clear contradictions, like saying that a bank could earn $20m on paper simply by buying bonds trading below par value. Or to put it another way – if bank A holds $100m face value of 10-year bonds yielding 4%, and bank B holds $100m face value of 10-year bonds yielding 2% (but worth, say, $80m at market price), how can you claim that those banks are on equally good footing?

Valuing liquid bonds at par value is pretty clearly a hack to reduce volatility and increase confidence in banks' balance sheets, even if some people in the comments seem to view it as a more logical way of accounting. (Although to be clear, I don't mind companies doing their own fuzzy math as long as they give investors enough information to do proper due diligence. It's similar to the non-GAAP earnings that a lot of tech companies report.)

In 2023 the situation isn't necessarily worse, but it is certainly different. Asset prices seem relatively well-understood, in that their declines are a straightforward function of interest rates as opposed to an uncertain function of credit losses. Bank leverage is less than in 2008 as a result of regulation.

If the situation in 2008 was "some banks are _super_ insolvent, and it's hard to tell which ones", in 2023 it seems to be "some banks are mildly insolvent, and it's fairly clear which ones". A mildly insolvent bank can probably stay afloat as long as it continues to have access to capital, which the Fed is giving them. But if people start withdrawing their deposits from one of the mildly insolvent banks, it will become increasingly difficult for that bank to dig out of even a small solvency hole, so there's still some uncertainty as to whether the Fed lifeline is enough to save them.

I don't mean to dunk here, I just get nervous seeing someone propose a super-high-variance trade that goes empirically wrong an hour later, and then quote Benjamin Graham. As the responder above said, given the size of the dodged bullet you should really be updating your priors on investing strategy, but you seem to barely even regard your thesis as mistaken.

Parent comment should've said "could" instead of "will most likely", but their point is correct.

[1] https://en.wikipedia.org/wiki/Participation_bias

If you're seeing spikes in RollbackSegmentHistoryListLength that coincide with dips in DB performance, you've probably identified the culprit. In the scenario described in our post, that metric would have grown monotonically for the duration of the long-lived ETL query – probably a more overt problem than what you're describing with short spikes to 100,000.

I think the surprise is that it's not possible to have a truly "single AZ" Aurora database, even though you might have thought you provisioned your DB instances that way.