To be fair, a PE <10 didn't even represent the ground truth of customer's relationship to Apple at the time. In hindsight we have a lot more information, but in that era there was still a lingering question of whether their iPhone advantage was durable, due to Android competitors. It only later became apparent that the stickiness factor was super high.
From a correct pricing perspective, of all the companies in tech Apple seems one of the most likely to keep customers for a lifetime. They have immense lock-in and customer affinity. I don't know if the correct number is 20 or 30 or 40 but unless the economy completely tanks (which tbf is reasonably possible these days), I can only imagine a majority of their customers today will still be their customers in 15-20 years.
The graphical aids in practical engineering videos are quite well done, especially when he creates scale models in the garage. You are missing out if you only read it, if you can afford to spend the time watching.
Nothing prevents inserting video clips — or, for that matter, interactive demos or other media — into the flow of a blog post. Youtube incentivizes its "creators" to optimize for view time, so even the most respected channels can be quite redundant in their presentation. And even when it's well edited and "organized", it doesn't necessarily prioritize what would be most useful.
Does it bother anyone else when people use their teeth to scrape food off a metal utensil (rather than lips, or teeth to food)? I wish English had a specific word for that affront.
I'm so glad I'm not the only one who gets annoyed by this.
I was once at a table with someone who was eating tomato soup by putting the spoon into their mouth, bitting it, and then pulling the spoon out. I was losing my mind listening to it.
Dip, ting, dip, ting. Dip, OUCH!.
They chipped their tooth. They chipped a tooth eating tomato soup.
Kinda sad for me to know this because one of my favorite things about chopsticks is their precision. I can pick exactly the piece of food I feel like eating in the next moment. This makes it sound like I'm not supposed to be picky.
> To keep putting the chopsticks into the same side dishes. It is proper etiquette to first eat rice, move on to eat from a side dish, eat rice again, and then eat from a different side dish.
More about politeness to other guests in the context of a shared meal than being picky (and probably also with some similar logic to the TCM theories of how and what to eat, and maybe giving face to the host).
I have witnessed people arguing with their own lawyers by pasting LLM generated output. That said, lawyers do love to argue so maybe it's fun for them.
em-dashes are a symptom of the problem; they are one of the “dead giveaways” mentioned in the OP which is why I brought them up as an example of slop-scrubbing before forwarding to other humans
Also that journalists are paid for their work, often by someone with political interests, so they are already subject to pressure to modify their reporting. Hopefully not usually threats of violence though!
I think this is way worse. Traditionally violence towards journalists comes from (A) predictable entities and (B) they are curbed by their ability to operate with anonymity and deniability.
In contrast:
1. Any number of arbitrary unknown bettors on a could commit violence for reasons you'd never have even anticipated, like whether an event happened at 4:59 or at 5:01.
2. The violence can arrive from all sides, simultaneously. Bettors who like what you wrote are not your allies, and one way to ensure an existing report is not revised is to put the journalist out of commission.
3. The same "prediction" market can act as a criminal coordinator for subcontracting the violence, with a new bet: "Will $JOURNALIST revise $ARTICLE with $CHANGE on or before $TIME?"
Commodities futures markets have an actual purpose, which is to make business inputs (or outputs) more predictable. Like if I know I need ten tons of corn next year, it's safer to buy futures now than to wait and see how the price of corn fluctuates over that time, potentially sabotaging my business operation. (Of making corn chips.)
Similar business cases can be made for futures from polymarket. For example if I start a business in the USA I may want to hedge by buying some futures Jesus will not return before 2027.
Wall Street is doing price discovery which benefits index investors. They're also lending (e.g. private credit) which benefits economic activity.
Robin Hood options trading is just lighting money on fire under the guise of "investing", which insidiously somehow seems more responsible than gambling on roulette.
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