Hacker News: richwater

New comment by richwater in "Americans express unease over SpaceX's influence on retirement savings"

richwater — Sat, 20 Jun 2026 00:38:28 +0000

The SP500 (the index the article is using for their example) literally requires profitability. Tesla wasn't includes for years and years because of it.

New comment by richwater in "Americans express unease over SpaceX's influence on retirement savings"

richwater — Sat, 20 Jun 2026 00:36:56 +0000

The only index that I know that float multiplied is Nasdaq which no one should even be investing in via their 401k anyway. Shitty index. Most consumers are utilizing some type of fund that tracks the CSRP, which float adjusts with no multiplier.

New comment by richwater in "Americans express unease over SpaceX's influence on retirement savings"

richwater — Sat, 20 Jun 2026 00:24:27 +0000

float adjustment results in any CRSP tracking fund/etf having a $10,000 investment being approximately $17 worth of SpaceX. This isn't a real problem the media is trying to push it as.

New comment by richwater in "Norway greenlights first full-scale ship tunnel"

richwater — Fri, 19 Jun 2026 18:20:45 +0000

I see you've discovered California high speed rail

New comment by richwater in "TerraPower in deal with Meta for eight Natrium 345 MW nuclear plants"

richwater — Thu, 18 Jun 2026 17:15:51 +0000

Maybe you're right. Maybe we should just continue to burn coal and let people die of black lung mining it and millions of people living in the pollution zone. Safe, clean energy is overrated.

New comment by richwater in "Wages in America Are Too Low for the 30% Rule to Work for Renters Anymore"

richwater — Thu, 18 Jun 2026 14:28:01 +0000

The decade of zirp between like 2013 and 2021 created a lot of shitty realtors because anyone with a pulse could sell or buy a house with ease. The true value of realtors is in bad economic conditions where serious work is needed to market and negotiate.

New comment by richwater in "SpaceX to buy Cursor for $60B"

richwater — Tue, 16 Jun 2026 20:14:05 +0000

Like it or not he founded (sometimes in-part) but drove these companies to success by demanding deliverables others thought were crazy.

New comment by richwater in "SpaceX to buy Cursor for $60B"

richwater — Tue, 16 Jun 2026 19:41:10 +0000

> He has nothing good to offer anyone in 2026.

Falcon launches cost dramatically _less_ than comparables like Ariane. In Fact, Ariane had to beg europe of subsidies to keep the program competitive.

Meanwhile, Starship is well on it's way.

You don't know what you're talking about.

New comment by richwater in "SpaceX to buy Cursor for $60B"

richwater — Tue, 16 Jun 2026 19:34:42 +0000

Boom is not a serious endeavor.

They have not committed to an engine. There is no engine commercially available to buy and no engine producer has committed to creating one.

New comment by richwater in "Running local models is good now"

richwater — Tue, 16 Jun 2026 15:42:50 +0000

Yes, because the bottom 50%, mostly impoverished or near impoverished folks were spending money on Claude Code subscriptions instead /s

New comment by richwater in "Amazon Announces Multibillion-Dollar Data Center in Missouri"

richwater — Tue, 16 Jun 2026 15:20:53 +0000

You can use the word fundamentally all you want, it doesn't make it true.

Explain _why_.

New comment by richwater in "Hetzner Price Adjustment"

richwater — Tue, 16 Jun 2026 14:49:01 +0000

Centralizing permissions via IAM is a seriously overlooked benefit.

New comment by richwater in "32GB of DDR5 now costs $375 – AI shortage continues to squeeze PC building"

richwater — Wed, 03 Jun 2026 16:31:19 +0000

The vast majority of index funds are float adjusted. SpaceX will not have that many shares available relative to the total value of the company. It's a negligible percent of the overall market cap of say, VTI. This commonly repeated trope is misinformation. The change in rules is more of a problem than the actual value.

New comment by richwater in "Bernie Sanders: The Public Should Own Half of the Big A.I. Companies"

richwater — Mon, 01 Jun 2026 14:02:24 +0000

Yet another completely un-implementable, insane take from someone who has accomplished very little in the way of legislation. I mean seriously? We're going to start to seize companies now? What even is an "AI" company? Google trains their own model? Are we going to seize Google? Give me a break. This is real life slop and would never get published if it weren't for the author's name.

New comment by richwater in "Cloudflare Turnstile requiring fingerprintable WebGL"

richwater — Sun, 31 May 2026 15:09:04 +0000

You mean the "Accept Cookies" banner that has become a complete joke? Pass

New comment by richwater in "Uber, Lyft drivers in Massachusetts form first US ride-share union"

richwater — Tue, 26 May 2026 20:26:41 +0000

white savior complex is rampant in these threads. Insisting they know better for someone else.

New comment by richwater in "Students boo commencement speaker after she calls AI next industrial revolution"

richwater — Mon, 11 May 2026 17:52:08 +0000

That's quite an unsubstantiated leap. The world has gone through plenty of digital transformations and the number of people in poverty has only _shrank_.

New comment by richwater in "I returned to AWS and was reminded why I left"

richwater — Sun, 10 May 2026 13:54:52 +0000

I think you would be surprised how many commits in OSS comes from paid workers of the various cloud companies and tech companies out there.

New comment by richwater in "I returned to AWS and was reminded why I left"

richwater — Sun, 10 May 2026 13:52:55 +0000

The faster people realize AWS hates the need for a UI, the better.

It should really be a read-only layer for metadata and logs.

New comment by richwater in "Grand Theft Oil Futures: Insider traders keep making a killing at our expense"

richwater — Thu, 07 May 2026 16:30:36 +0000

This is willful (intentional) ignorance.