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Joined 1 year ago
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Cake day: July 13th, 2023

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  • Yes, general investing is not zero sum, however many methods of advanced trading are. Options trading, which is prominent and easy to access on Robinhood, is much closer to gambling (and is treated that way by many users) and is zero sum.

    Most active trading strategies require successfully arbitraging, or extracting inefficiencies out of the market, and you can’t do either of those things without someone else losing money.

    Passive investment is investing in the companies that underlay the market, active trading is extracting value out of the market itself.


  • I got downvoted for this before, but, when you sublet your property like this, you take on an inherent risk. This isn’t any different to a bad tenant, or an investment not panning out.

    Any business who accepted these red boxes should have either a) established contingency with Redbox themselves or, failing that, b) established a contingency through their own means by keeping liquidity to handle disposal of the machine (or something like insurance)

    Don’t feel sorry for these businesses, they took a calculated risk, likely made lots of money over the last decade, and now are faced with potentially needing to use some of that revenue to dispose of the machines. Any normal business keeps assets and liquidity available to cover expenses of doing business, the same way a landlord needs to use some rent money to clean up after a bad tenant, it’s part of their business model. If a business thought these machines would just live there forever and magically go away when they aren’t making money anymore, that’s their fault.


  • I assume business would insure against scenarios like this, whether that’s through securing cash as they suggested or if that isn’t an option (which seems to be the reality of the situation) through things like, escrow accounts, insurance, and cash on hand.

    You say the businesses wouldn’t just ‘throw away money’ yet here we are, the businesses, by not ‘throwing away money’ are stuck with these machines to deal with.

    I understand that the person was saying that the business should have collected a deposit, but they didn’t, so my question is, why are these businesses caught out by this? Why didn’t they prepare for the risk they assumed by subletting their property, if they didn’t collect a deposit, they should have sequestered some cash to handle this scenario.






  • I think, because most people who are actually relying on Adobe products (e.g. making money with them) are making way more than it costs (by several orders of magnitude) so they let themselves get slowly boiled because they still make money hand over fist.

    Everytime there is a price increase, the discussion becomes: do we retrain x people, costing us y per person and reducing productivity for z months, or do we just take the L and pay a flat percent increase per seat and maintain productivity. The choice is almost always the second one because it’s hard to predict how prices will increase in the future and the costs of retraining your staff.

    The people not making money have no resources to stand up to Adobe, so they make noise because it’s all they can do. Adobe ignores them because they don’t generate a significant portion of their revenue.

    If you are an employee for a company using Adobe products, it’s likely you don’t even care and you may not even be aware of the pricing scheme your company is following.


  • What? I think you maybe just don’t know what purpose secure boot serves.

    It’s not a tool to vendor lock computers, it’s a tool to establish a chain of trust to protect the boot process by only allowing cryptographically signed images from executing. Anyone can sign things for secure boot by simply creating an x509 certificate and importing it. If vendors wanted to prevent you from running a different operating system, they would just lock it down completely as is done in many devices like mobile phones and proprietary electronics.