Yes well put.

> higher returns

Alpha is a more sophisticated concept than this.

It is about **higher risk-adjusted returns**.

The term comes of the equation

return = alpha + stock_market_return * beta + epsilon

Where beta is a measure of high fast the stock moves relative to the market. If the stock moves 200% as much as the market (up or down) then the beta is 2.0.

alpha is the value add

epsilon is the randomness

Leveraging up by borrowing, or investing in more risky stocks is not alpha even if you end up ahead.

A lot of strategies amount to "dressing up beta to make it look like alpha".

The major decline in the number of listed comanies and the reluctance of copmanies to list appears to be in large part due to the regulatory thicket that confronts listed companies. The costs of listing have become prohibitive for smaller companies. Regulators often fail to take into account these second order effects of regulation, focusing only on the claimed benefits.

..."That means there has to be a pony under here somewhere! Keep digging!"

I once took a look at what happened when you loaded up a single ticket on Jira. I swear I counted nearly 500 individual https:/// calls involved in "building" that single page view. I don't know if that's typical or not, but given how bad many web-based systems' performance is these days, I wouldn't be surprised.

You joke, but I'm pretty confident this is inevitable unless the bubble pops before we get there.

I feel like it's even simpler than that - this amounts to an automated system to semi-arbitrarily throw out a whole bunch of applicants for non-actionable reasons so that HR has less work to do with applications that still sneak through.

Yup. Shareholders will demand it, and executives will push it to show off how good they are at "cutting costs" and collecting their bonuses. Any CEO that bucks the trend is going to face a revolt from shareholders and be forced to fire everybody and replace them with AI anyway. Actual customers won't want it, but there won't be any affordable alternative because paying competent people to do work costs money, and we can't have that. AI will start with the 'entry level' work and make its way upward for as long as it's allowed to. It'll be interesting to see what happens when nobody learns to do the entry-level stuff that you need in order to learn to do the higher-level stuff, and nobody actually knows how to do good work any more to replace AI.

That, on top of very openly telling everyone that their own conferencing product isn't actually useful for collaboration or meetings, by demanding everyone crowd their disease-ridden bodies into offices instead of using their product.

...or is that 35000 "USDT" or other "stablecoin" (that is totally backed by real cash you can actually get your hands on, bro, we promise).

I was under the impression that it's getting a lot more difficult to actually cash in any significant amount of bitcoin for actual...cash.

I don't think so - this seems to be their domain-name registrar (and hosting) business, I think. Their domain name *registry* (a.k.a. " Charleston Road Registry Inc" that runs the actual central database for the registration of domains in the various TLDs they "own") is a separate business, and I don't think they're giving that one up. (They run .app, .dev, .page, .new, and several others, including .zip and .mov).

n-Butanol can reportedly be burned in unmodified gasoline engines with equivalent performance to gasoline.

Surprisingly, if I am calculating correctly, the bulk price of n-Butanol, wholesale, is somewhere around $3.50/gallon right now.

If production were to substantially ramp up, I imagine the drop in price could undercut the cost of gasoline.

n-butanol can be produced by "green" processes, too. (However, it must be noted that right now most of it is produced from fossil fuels anyway, so switching to butanol for gasoline-powered vehicles would depend a lot on how quickly bio-production of it could be ramped up to make it cost-competitive).

Slackware has never enabled CONFIG_SMB_SERVER in any kernel.

There's also a more important point:

When you're the CEO of an organization, you're the public face. You're expected to manage public situations including "scandals".

Handling this was the "practical test" part of his job interview.

He failed. He hid and tried to ignore it and let it just burn and spread. I think it would have been possible to properly manage the situation if he'd had the right set of skills and talents for the role of CEO of Mozilla.

It doesn't even matter what the nature of the "scandal" actually was.

He was also the guy who was raving about the idea of cramming some closed, proprietary video codec into Firefox to do "remote desktop" stuff, which I'm sure the large number of people who keep complaining about Mozilla bolting weird crap onto Firefox instead of focusing more on making it a better browser would have loved...

Okay, now I want $PorkBellyCoin (each one stably pegged to the value of one kilogram of pork-belly)

If we can get enough people to put "Join a union" in the delivery instructions, I'll bet Amazon would crack down on this sort of thing somewhat more quickly.