It isn't an efficient market. Efficient markets have very little to no alpha. Real estate has been my best side job ever. Currently looking at a 40% annualized returns since 2015. All thanks to the same principals used to invest in public fixed income and equities.
Currently working in asset management and the trading rules are a killer. I used to trade options on equity indexes and commodities. These were the only derivative products I could trade short term (less than 30 days w/ profit). It would have been very beneficial to not have to deal with tons of overhead of talking with compliance every week about what each security was because it wasn't in the database.
Even when buying individual equities I would get emails indicating my trades were flagged for further analysis. It isn't enjoyable to be good at managing money but unable to do so without fear of punishment.
Even though I follow the rules, the process made it too difficult to manage. It is a real opportunity cost because in order to invest aggressively I would have to quit.
Maybe I should work in finance.. I'm locked out of making apps/games because of my day job, but my investing hobby is going as badly as the average WallStreetBets user
As someone who lives in Massachusetts, I can wholeheartedly agree. The MA governor just banned vapes for 6 weeks or so then the legislature created some new laws and a hefty 75% tax. They banned menthol cigarettes and flavored vape juice. We are literally right where we started but with a bigger tax on vaping products.
Now we can have a menthol cigarette and flavored vape black market. So much "progress"...
Edit: I don't vape so I have no personal skin in the game just willing to call out politicians.
Yeah. Say no more... If only you would have looked.
Anyhow, Oracle does the following:
- Contributes pretty much all of the closed source technologies (or what was originally to become closed source) of the Oracle JDK to OpenJDK, for example giving the community: JDK Flight Recorder; JDK Mission Control; ZGC; …and probably more stuff I can’t think of right now;
- Ensures the Oracle JDK and the OpenJDK builds are virtually indistinguishable;
- Starts providing a free OpenJDK build (which includes all these donated technologies);
- Provides uncountable man hours of maintaining and innovating the Java platform;
- Ensures that the community knows where to find the free bits by linking to them, and slaps on a bright yellow warning sign, so that everyone can see that the licensing has changed;
And how does the community react, you wonder? Yep, that’s right. “Oracle is the Devil”, “This is a bait and switch operation” etc. Ad nauseum.
ONCE AGAIN. You do not need to use OracleJDK. Just use OpenJDK from AdoptOpenJDK.
I am aware... I work in old school financial services there is more red tape and politics with these types of things. I am merely stating what our plans are. We don't really use Java for any new development on our team so the easier solution is to just avoid it. There is a big team that will need to switch over but that isn't our problem.
The long short of it is we aren't a booming industry and we do it for the money so one less vendor we have to send a 7 figure check to will only increase the bonus pool.
Quick Background:
Currently working at an asset management firm in Boston, MA. I am developing custom high profile applications for traders, portfolio managers and analysts. I am considering opportunities in Boston or on the West Coast. I am open to working at non-financial firms, but I have a strong background in both finance and technology.
I feel as though having children will make a lot of people very happy. But there is also a significant part(>1%) of the population that would be miserable.
I believe a lot of the unhappiness is often from someone who was pressured into a choice they didn't critically think about or didn't want but caved in. Even if the pool of people is small the experience could be quite negative. Where as all the people who always wanted them will be happy.
I took care of my brother and sisters a lot as a child and it made it very clear that I never wanted children.
There are a lot of things I didn't enjoy as a child that I enjoy as an adult. Raising children is different than caring for siblings, no disrespect to your personal choice.
Plenty, my wife is a nurse and plenty of the women explain how they had one and then just never wanted another one after because of regret. The nurse closer to her age straight up says it. I got plenty of warnings from coworkers about having children and most of their wives pick up most of the slack. If you are gushing about your kids no one is going to open up about a taboo subject like that.
That is just one of the many reasons I don't want kids. I have plenty of functional health issues that make keeping on weight a chore never mind a pain free day and yet again that is just the tip of the iceberg.
People with kids love to complain about how terrible it is to have kids. But when you poll older people who had kids and ask them if they’d “do it over again” nine out of them say they would. Meanwhile, more than half of people who never had kids wish they had at least one. (See the Pew polling I linked above.)
My original post agreed with the Pew data. Most people would most likely be happy having children.
I am aware of this bias. My Grandmother in law is blunt about never having wanted children where as lots of people are just complaining due to stress. That is why I give more weight to people who have fully raised children and are no longer stressed out by them. My anecdotal evidence is similar to Pew.
My boss complains all the time but I know he doesn't regret it even thought he looks like he got hit by a train some days.
I prefer to focus on regret rates among childless men with vasectomies who had their operation after the age of 31. I say this because not having children =/= not wanting them at 45. There could be a lack of money, a partner, fertility issue etc that could all lead to this situation.
==If you are gushing about your kids no one is going to open up about a taboo subject like that.==
This is true. Likewise, if you are explaining all the reasons you can't or don't want to have kids someone may be more likely to agree by saying "I wish I didn't have kids."
I don't disagree with what you have said, just know that taking care of your siblings is not the same as being the parent of a child (legally, emotionally, physically, etc.). When you compare them, it detracts from the broader point you have made.
So where's the line? If your niece lives with you while your sister is incarcerated does that "count" as being similar enough to parenthood to "justify" a choice to have or not have children? If you were a full time live-in nanny? If your dead beat uncle drops your baby cousin off at your house every day? Step-parent? Foster parent? Teacher?
It seems incredibly silly to completely discount all your life experience when making important decisions...
FWIW, I've known someone who very much wanted kids then she became a full time live in nanny. That changed her mind completely about having kids of her own. She still loves working with children, and she still works with kids, just not in a live-in situation. She'll probably work with children her whole (working) life.
>How many parents have you ever heard say, "I wish I didn't have kids"?
My mother said those exact words to me every single day. Either that are similar stuff like "you ruin my life, I wish you were never born."
But, it's not something that is socially acceptable to say, so how many times you've heard is is completely irrelevant. I doubt my mother would say that to anyone else. It's like saying "how many times have you seen someone say 'I am sexually attracted to children?' None? Ok, now we can conclude pedophilia and childhood sexual abuse doesn't exist!"
> How many parents have you ever heard say, "I wish I didn't have kids"?
More and more, now that the taboo is breaking down to some degree. This has been the subject of some recent press reporting.[0][1]
That said, it is disturbing to me, at least, how people’s having children might rewire their brains. They might like their new role only because of certain changes in brain chemistry that result from parenthood. Their fondness for being parents is therefore something forced on them in a way, it is not a matter of actual choice.
"Our "psychological immune system" lets us feel truly happy even when things don't go as planned."
"Certain changes in brain chemistry" result in us adjusting to be approximately as happy as they always are even in situations which one would predict way less or way more happiness.
I've heard a lot of parents say something along those lines, though usually softened a bit: "I love my kids but if I had to do it all over again I wouldn't have had them."
> How many parents have you ever heard say, "I wish I didn't have kids"?
I have heard a number of friends say this, though almost always indirectly. There is a real stigma associated with being unhappy with parenthood, but many people do not seem to enjoy the process.
From my own observations, eventually most parents adjust their own personal "bar" for happiness and more or less accept their lot. I'm sure they get something positive out of it, but it seems to be a tradeoff for other sources of happiness and life satisfaction which usually become unavailable to parents.
==I have heard a number of friends say this, though almost always indirectly.==
Is it possible you are inferring it a certain way because of your bias? For instance, I complain about having kid all the time, but I wouldn't give him up for anything.
==There is a real stigma associated with being unhappy with parenthood, but many people do not seem to enjoy the process.==
This is something only a non-parent would say. Nobody enjoys the sleepless nights, dirty diapers or unexplained whining, but those are part of the same process that leads from laughing, to crawling, to walking, to speaking, to reasoning.
==From my own observations, eventually most parents adjust their own personal "bar" for happiness and more or less accept their lot. I'm sure they get something positive out of it, but it seems to be a tradeoff for other sources of happiness and life satisfaction which usually become unavailable to parents.==
Your wording implies that you have never actually asked a parent if they get anything out of it, but just make an assumption to fit your mental model. Everything in life is a trade-off, that isn't the same as wishing you didn't do something.
> Is it possible you are inferring it a certain way because of your bias? For instance, I complain about having kid all the time, but I wouldn't give him up for anything.
Not being happy with parenting doesn't imply wanting to give up your child. It just means that you made a bad decision that you're now stuck with / making the best of.
It could be that I was simply reading into things, but I have been told directly by someone that it had been a bad choice. But as people do, they adapted and moved on, though their life is very different now and I barely recognize them anymore.
I've also known happy parents. It's just silly to say that parenting is automatically a happy event. Nothing in life is going to be enjoyable for every person.
Also consider the fact that even if you do support free speech speaking out against censorship of a terrorist organization is only going to lead to blowback because you are supporting the enemy.
I didn't downvote. I am genuinely curious as it is one of the places I am considering moving and I know I don't know anywhere close to as much as I do about Boston.
I think everything is relative. If you compare housing in Boston to Seattle. Seattle looks brand new because the vast majority of houses in the Boston area were built before 1970 and there are a lot of original features you don't want in Boston houses. If you compare Austin to Seattle then Austin seems brand new because it is.
If the taxes in Washington aren't great than I am more inclined to just go to CA.
Seattle homes looks brand new compared to New England, and our taxes(MA) appear to be higher and our weather you could say is similarly bad but different if not worse. We also have a lot of jobs which pretty much drive everything.
I am curious about the tax side of things. What taxes in the Seattle area are high or increasing. I am asking because I am considering moving to the west coast.
When your company is worth a billion and/or very profitable then it might be arrogant otherwise I don't really see the CEO as some higher being. Personally, I know more about accounting, finance/markets and economics than most tech startup CEOs that I have met.
If I have learned anything from startups it is that anyone who can talk a good game can raise money (fyre festival/theranos).
It isn't an efficient market. Efficient markets have very little to no alpha. Real estate has been my best side job ever. Currently looking at a 40% annualized returns since 2015. All thanks to the same principals used to invest in public fixed income and equities.