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Joined 1 year ago
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Cake day: July 26th, 2023

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  • Amazon: people like books; people like next day delivery of stuff; people and companies like making stuff and running stuff in Amazon web services

    Minecraft: Marcus Persson owned the game studio (and wrote quite a bit of the game) that made Minecraft, lots of people like it, Microsoft was willing to buy it for billions

    Kiran Mazumdan-Shaw made beer, people like beer. They then used beer making processes to make biotech medicines - people like being alive and will pay a lot to stay alive, or even just a bit healthier


  • Having listened to ‘good bad billionaire’ for several episodes the formula is

    1. Create or inherit a company
    2. Do good at it
    3. Float it on the stock exchange
    4. Now own the bulk of a company whose stock values it at enough that your share is worth over a billion

    Or

    1. Make an insanely popular game
    2. Sell it to Microsoft

    Or

    1. Be the child of someone who did one of the above


  • Yeah public transport is ideal for most transport cases and should be funded by cities to the level to allow it to provide that

    But still some cases call for individual transport and my preference on that is taxis over Uber and the like as taxis have a duty to pick up anyone who can pay which the newer companies don’t

    I hope that self driving taxis include accessible ones, I expect there will still need to be a class of staffed cars to help people who need assistance - eg those who can’t lift their bag into our out of the vehicle, those who need assistance to put on a seat belt



  • Generally yes, buy when it is low. Have a look at some graphs of recent performance to see if this is lower than typical weekly low points

    Tesla does have room to expand; the biggest risk is that Musk does something stupid that damages Tesla, he has not done so yet - he seems competent at running (or has given important parts of the job to competent people) Tesla and SpaceX

    Safer investment is through exchange traded funds, especially those which track major indexes (also known as index funds). You buy these the same way you buy other stocks - you’re buying shares in the fund






  • I live in a suburb in a town designed as a car based place. We have a parkway, even.

    We do have local shops - I’m about as far from one as you can be, so I have two in opposite directions each 20 minutes walk away

    The local government is trying to densify the suburbs and allow us to build multiple residences on our block, but they limit the number of residences by the size of the block

    So even though some houses right by the shops got rebuilt recently they are each 2 individual residences, where that place and its public transport links could easily support as many as would fit

    If they really wanted us to increase density they’d let those people build four or five floors of apartments, they’d let me build a quadplex