What in the world are you talking about? Arbitrage is all about people taking a risk in exchange for reducing price differential (where they take a profit). The risk is that in the time it takes them to buy and sell, the price at the destination will change and they will be left holding an unprofitable load of merchandise. The advantage afforded by faster information is the reduced risk.
So yeah, you need access to an expensive, high-speed network in order to compete in the arbitrage game. Not fair?
You need an oil rig and property rights to explore for oil. Life ain't fair. Most of the time, you need capital to invest in a business.
We're currently at a position where we give a HUGE advantage to those able to afford systems which can trade at lower latencies than others.
If you are smart enough and motivated enough to put together a high-frequency trading algorithm that makes money, someone will give you a book. I don't think there is a big problem with really smart people with unused effective high-frequency trading algorithms sitting around.
While I'd like to see the class action laws amended, this doesn't mean there is no recourse. A little organization and a mass of suits in small claims court would prove quite expensive for them. Hmmmm, I just got a web site idea:)
As an aside, I think that class action suits are fundamentally flawed in their current form. The settlements are generally a joke for the class, with the lawyers picking up most of the benefit. Frankly, the companies benefit from it more than they are hurt by it in it's current form.
Yeah, Michigan and Ohio have a pretty dismal employment situation, but blaming that on environmental regulation is a bit of a stretch. While environmental regulation does make products more expensive to produce, so do a number of other factors that contributed to the decline in manufacturing jobs.
I still hated the last interface when they switched to the new one. I did not get used to it, and had to click "by date" every goddamn time I logged on. Now I can't make that complaint since they completely removed "by date" as an option.
Looks like the "ddrescue guys" and the "lzip guys" are the same guy
LOL! He got me hook, line, and sinker!
I use bzip2 with par2 for my own backups to DVD. Actually, sometimes I just use gzip... bzip2 can be S-L-O-W. I let TimeMachine do it's thing on my Macs, and then I also run CrashPlan in parallel. On my work Windows box I run Areca nightlies to a network share, and on my home Windows box I rely exclusively on CrashPlan, both to a drive on my basement server and to "CrashPlan Central". I also image that machine from time to time to a second hard drive.
i wonder why it required 525 hardware developers to begin with.
It says "staff from its global webOS hardware biz", not "hardware developers". You have HR, finance, manufacturing, purchasing, janitors, testing, techs, etc... not just hardware engineers. They probably had it set up to be a half-billion dollar or so business, so that number of employees seems pretty reasonable.
I'm way out in the 'burbs, and there is a small computer shop down the road that sells "white box" PCs for about the same money that it would take me to put them together from parts on NewEgg. His shop is 5 minutes from a Best Buy.
Oh, by the way that Techspray 99.8% alcohol is pure ethanol, not denatured. They sell it in jugs as well. Last time I tried to buy a case of it, they wouldn't send it to me without a state license! Rather than go through that hassle, I just went to the liquor store and bought Everclear. It worked just as well as the Techspray product (which, as you point out, starts sucking water out of the air the instant you open it) and so that's what I've done ever since.
Why not? They have jurisdiction over real doctors and the treatments they provide.
I'm talking above my comfort level, but my understanding is that the FDA only got jurisdiction over NEW practices... in general. That means old practices, no matter how ineffective, were not allowed to be regulated. They passed a new law in 1994 that sort of re-affirmed this, and the FDA has been cracking down on "new" supplements and such but leaves the pre-1994 stuff alone. It simply was not politically possible to give the agency powers to wipe out old, established industries.
If the pharma companies have to go through FDA testing before offering psychiatric medications, why don't the Scientologists have to do the same with their treatments aimed at the exact same ailments?
It's a good point, though I suspect that if the Scientologists ever started injecting people with stem cells rather than waving hokey but harmless devices over people, you would see a crackdown.:)
Slashdot Mirror
The businesses that they own 50% of made money in that time. Lots of money.
What in the world are you talking about? Arbitrage is all about people taking a risk in exchange for reducing price differential (where they take a profit). The risk is that in the time it takes them to buy and sell, the price at the destination will change and they will be left holding an unprofitable load of merchandise. The advantage afforded by faster information is the reduced risk.
So yeah, you need access to an expensive, high-speed network in order to compete in the arbitrage game. Not fair?
You need an oil rig and property rights to explore for oil. Life ain't fair. Most of the time, you need capital to invest in a business.
Congrats?
We're currently at a position where we give a HUGE advantage to those able to afford systems which can trade at lower latencies than others.
If you are smart enough and motivated enough to put together a high-frequency trading algorithm that makes money, someone will give you a book. I don't think there is a big problem with really smart people with unused effective high-frequency trading algorithms sitting around.
because they're making prices equal across the world.
They also improve liquidity.
I find this offensive
You offend too easily. It's a common phrase, like saying "everyman" or "Joe the plumber".
While I'd like to see the class action laws amended, this doesn't mean there is no recourse. A little organization and a mass of suits in small claims court would prove quite expensive for them. Hmmmm, I just got a web site idea :)
As an aside, I think that class action suits are fundamentally flawed in their current form. The settlements are generally a joke for the class, with the lawyers picking up most of the benefit. Frankly, the companies benefit from it more than they are hurt by it in it's current form.
Oh, no! I've sued them! Now they are no longer obligated to adhere to the contract!
All very good points, but the summary didn't use them - instead it deliberately just used the higher number in the article.
Okay, so put that in the summary instead of lying about the costs of the drug.
Yeah, Michigan and Ohio have a pretty dismal employment situation, but blaming that on environmental regulation is a bit of a stretch. While environmental regulation does make products more expensive to produce, so do a number of other factors that contributed to the decline in manufacturing jobs.
Hey, don't attack me, I'm just answering the question.
I happen to be in the "legalize but regulate and tax" camp, even for hard drugs.
Or just throw a picture of Justin Bieber down there in the firebox. Free energy.
Yeah, and that Clean Water Act. Awful. Lake Erie was quite beautiful aflame.
Except that the summary is overtly lying - the albuterol inhalers cost as little as $30. It's even in the linked article.
Abuse
I still hated the last interface when they switched to the new one. I did not get used to it, and had to click "by date" every goddamn time I logged on. Now I can't make that complaint since they completely removed "by date" as an option.
Terrible.
Looks like the "ddrescue guys" and the "lzip guys" are the same guy
LOL! He got me hook, line, and sinker!
I use bzip2 with par2 for my own backups to DVD. Actually, sometimes I just use gzip... bzip2 can be S-L-O-W. I let TimeMachine do it's thing on my Macs, and then I also run CrashPlan in parallel. On my work Windows box I run Areca nightlies to a network share, and on my home Windows box I rely exclusively on CrashPlan, both to a drive on my basement server and to "CrashPlan Central". I also image that machine from time to time to a second hard drive.
i wonder why it required 525 hardware developers to begin with.
It says "staff from its global webOS hardware biz", not "hardware developers". You have HR, finance, manufacturing, purchasing, janitors, testing, techs, etc... not just hardware engineers. They probably had it set up to be a half-billion dollar or so business, so that number of employees seems pretty reasonable.
I'm way out in the 'burbs, and there is a small computer shop down the road that sells "white box" PCs for about the same money that it would take me to put them together from parts on NewEgg. His shop is 5 minutes from a Best Buy.
This isn't common? Where do you live?
[sigh]
Kitty. Kitty Dukakis. I'm on a roll.
My bad - I just saw that it was not denatured. I can only hope that Olympia Dukakis is not reading my post.
Oh, by the way that Techspray 99.8% alcohol is pure ethanol, not denatured. They sell it in jugs as well. Last time I tried to buy a case of it, they wouldn't send it to me without a state license! Rather than go through that hassle, I just went to the liquor store and bought Everclear. It worked just as well as the Techspray product (which, as you point out, starts sucking water out of the air the instant you open it) and so that's what I've done ever since.
That's the beauty of Everclear - you can clean stuff with it, and then make Jello shots for co-eds.
Actually, I think I'm approaching the age where that will get me arrested :)
Why not? They have jurisdiction over real doctors and the treatments they provide.
I'm talking above my comfort level, but my understanding is that the FDA only got jurisdiction over NEW practices... in general. That means old practices, no matter how ineffective, were not allowed to be regulated. They passed a new law in 1994 that sort of re-affirmed this, and the FDA has been cracking down on "new" supplements and such but leaves the pre-1994 stuff alone. It simply was not politically possible to give the agency powers to wipe out old, established industries.
If the pharma companies have to go through FDA testing before offering psychiatric medications, why don't the Scientologists have to do the same with their treatments aimed at the exact same ailments?
It's a good point, though I suspect that if the Scientologists ever started injecting people with stem cells rather than waving hokey but harmless devices over people, you would see a crackdown. :)