Hacker News: kqvamxurcagg

New comment by kqvamxurcagg in "Ask HN: Best books to understand semiconductor business?"

kqvamxurcagg — Tue, 03 Oct 2023 18:25:39 +0000

After reading Chip War I read Conquering the Electron by Eric Brach and Derek Cheung. Very good book that goes into a bit more detail than Chip War. Chip War focuses more on the geopolitics than the science.

New comment by kqvamxurcagg in "Apple Vision Pro: Apple’s first spatial computer"

kqvamxurcagg — Mon, 05 Jun 2023 21:36:24 +0000

Very good point - I guess they are trying to redefine the terminology in this category and create unique marketing keywords. I suspect that is too late, VR Goggles just seems to ingrained but perhaps I'm wrong.

New comment by kqvamxurcagg in "SVB shows that there are few libertarians in a financial foxhole"

kqvamxurcagg — Mon, 13 Mar 2023 20:36:20 +0000

You fail to understand the actual reason for their insolvency. Their risk team chose to buy 10 year treasury bonds instead of 1 year treasury bonds. This is because 10 year bonds offered a higher interest rate (more profit for SVB) but at a much much higher risk. The losses were then unrecognised, hoping the market would turn. Only when it was too late did SVB admit defeat. With their equity gone, they attempted a band aid with an equity raise but the market quite rightly recognised the bank’s shares were worthless.

Anyone working in risk management will tell you SVB’s risk team and executive team should be in jail.

Don’t blame SVB’s failure on a bank run. SVB caused their own failure with their own risk management policies and it’s insolvency was probably inevitable for months.

New comment by kqvamxurcagg in "U.S. fines airlines more than $7M for not providing refunds"

kqvamxurcagg — Wed, 16 Nov 2022 15:47:28 +0000

What a bargain for the airlines. A 1% penalty and they probably saved at least 5% in financing costs.

New comment by kqvamxurcagg in "Bank of England warns the UK will fall into recession this year"

kqvamxurcagg — Thu, 04 Aug 2022 15:54:20 +0000

There is no such thing as 'supply-side price increases'. There is the market price. And the price comes down if demand is supressed.

The issue right now is that demand is actually being ENCOURAGED by low interest rates and continued quantitative easing. Don't be fooled, 2% is still a low interest rate historically speaking.

Basically spenders need to be encouraged to save.

New comment by kqvamxurcagg in "Bank of England warns the UK will fall into recession this year"

kqvamxurcagg — Thu, 04 Aug 2022 15:50:58 +0000

The inflation we're experiencing is actually demand-led. Contrary to what you may believe demand has been elevated since Covid-19 and supply quickly bounced back.

Oil and gas price increases are due to high industrial and demand. Their supply is at record levels.

What is truly insane is inflation being greater than 10% and interest rates being only c. 2%. There is a reason why the BoE theoretically targets 2% above all other metrics. Unfortunately they have significantly deviated from this.

The only way for commodity prices to decline, or at least remain level, is a concerted increase across the board by the major banks to reduce demand.

New comment by kqvamxurcagg in "How prestige outlets get away with copypasta"

kqvamxurcagg — Thu, 04 Aug 2022 07:51:44 +0000

Some good points here. I think the lying by omission is a key issue. It makes it very difficult to be informed. I wouldn’t hold The Guardian up to the same standard as The New York Times though. The NY Times is a paper of record while the Guardian has a deliberate left slant. The opinion articles in the guardian are often ridiculous.

New comment by kqvamxurcagg in "Why Northern Ireland has no flag"

kqvamxurcagg — Wed, 18 May 2022 09:46:00 +0000

Sorry I meant the Ulster Banner. Should have checked the name referenced. I mentally just know this as 'The Northern Ireland Flag'.

New comment by kqvamxurcagg in "Why Northern Ireland has no flag"

kqvamxurcagg — Wed, 18 May 2022 07:34:42 +0000

I’m actually struggling to understand the article because the Ulster Flag is used to represent Northern Ireland in pretty much every kind of context. Whether or not Northern Ireland is technically a country or province is irrelevant and just semantics.

If you look at golf Rory McIlroy’s name appears beside the Ulster Flag. In the commonwealth games it’s the same.

New comment by kqvamxurcagg in "Google gives Europe a ‘reject all’ button for tracking cookies"

kqvamxurcagg — Sun, 24 Apr 2022 15:28:29 +0000

Google of course would have known this UX was likely to be illegal but made the decision that any fine would be much less than the commercial benefit.

New comment by kqvamxurcagg in "Detailed Assemblies for an Airtight Small Home"

kqvamxurcagg — Wed, 20 Apr 2022 09:59:42 +0000

Is there a risk of condensation, damp and mould from homes with excessive insulation? Perhaps someone with some experience could comment.

New comment by kqvamxurcagg in "What I learned from a year of watching bad financial advice on TikTok"

kqvamxurcagg — Sun, 30 Jan 2022 13:50:16 +0000

This was probably by design

New comment by kqvamxurcagg in "DuckDuckGo Traffic"

kqvamxurcagg — Sat, 08 Jan 2022 18:29:37 +0000

That’s my sense also. Google results for me are becoming increasingly irrelevant, especially since they stopped honouring double quotes. DDG usually works for me.

New comment by kqvamxurcagg in "Why is U.S. labor supply so low?"

kqvamxurcagg — Sun, 26 Dec 2021 16:57:45 +0000

Exactly. This reason is entirely down to the lack of immigration due to travel restrictions and its effects on the wider economy. The media hasn’t really reported on this but it has been obvious for the past year. In a world without mass immigration to the west wages at the lower end would he substantially higher.

New comment by kqvamxurcagg in "Google’s dominance in ad tech supply chain harms businesses and consumers"

kqvamxurcagg — Tue, 28 Sep 2021 15:31:31 +0000

I've dealt with this many times in the past. This is known as a carve-out or regulated entity status. Different parts of a group have to deal with each other at an arms-length basis and provide those same terms to other independent companies.

The timesheets of engineers or digital infrastructure isn't a barrier to making this happen, although it might involve some work for external APIs, authentication and reporting.

New comment by kqvamxurcagg in "Google’s dominance in ad tech supply chain harms businesses and consumers"

kqvamxurcagg — Tue, 28 Sep 2021 14:44:43 +0000

It's not difficult to see how the market could be reformed. YouTube would be required to offer ad space to Google ad customers and third party network customers at the same market rate. If this rate is market set in real time then that's one solution. The problem is Google (and other big tech companies) control and restricts all aspects of what is being termed the 'supply chain'. That restricts competition and reduces transparency.

New comment by kqvamxurcagg in "Google sets burial date for legacy Chrome Extensions, fears for ad-blockers grow"

kqvamxurcagg — Tue, 28 Sep 2021 12:11:13 +0000

Will this new manifest v3 API also be forced on chromium browsers such as Brave?

New comment by kqvamxurcagg in "Police helicopter's 100mph chase with 'super sophisticated' drone near Tucson"

kqvamxurcagg — Sun, 22 Aug 2021 12:35:48 +0000

Agree with your analysis here. I don’t think this could be military otherwise we wouldn’t be seeing a press release and release of audio under freedom of information. If this was under serious investigation doubt we wouldn’t of seen the audio released as well. My bet would be the helicopter pilots got overexcited and the FAA is comfortable this is just advanced hobbyist equipment.

New comment by kqvamxurcagg in "John Lewis slams UK education system and offers staff literacy lessons"

kqvamxurcagg — Sun, 04 Jul 2021 09:53:57 +0000

You’re probably correct. It will be interesting to see how long she remains in the John Lewis role.

New comment by kqvamxurcagg in "Ask HN: What huge mistake did you make early in your career?"

kqvamxurcagg — Sun, 20 Jun 2021 09:48:51 +0000

This is not good advice for most people. You should always leave on good terms regardless of how much you hate a job. As an employee you often don’t know the constraints or risks of a project so you can’t make a firm judgement on ethics or transparency. It’s a small world and you’ll likely run into former colleagues again or rely on them for a reference (even without your knowledge). Under game theory there is no advantage with being a being a difficult leaver.