Nsutdwa's recent activity
-
Comment on SpaceX stock tumbles 23% from its high as average investor sees gains wiped out in ~finance
-
Comment on SpaceX stock tumbles 23% from its high as average investor sees gains wiped out in ~finance
Nsutdwa Link ParentI think there are limits on selling for insiders, i.e. those who have been awarded stocks as part of their compensation package. Retail investors that were allocated stock for the IPO might face...I think there are limits on selling for insiders, i.e. those who have been awarded stocks as part of their compensation package. Retail investors that were allocated stock for the IPO might face guideline restrictions (but generally not actual legal blocks) on selling. See this Reddit thread where the Fidelity rep says:
"As with any investment, you are free to sell the securities obtained during an IPO whenever you determine it is appropriate for you. However, if you have been allocated shares of SpaceX and you sell within the first 15 calendar days from the start of trading in the secondary market, it will affect your ability to participate in future new issue equity public offerings through Fidelity for a defined period of time. The first day clients can sell without being labeled a flipper is the 16th calendar day after the stock trades on the secondary market. The defined period is as follows:
First Flip – Blocked for Six Months
Second Flip – Blocked for One Year
Third Flip – Permanently banned by your SSN" -
Comment on SpaceX stock tumbles 23% from its high as average investor sees gains wiped out in ~finance
Nsutdwa Link Parent(I'm not the OP you're replying to) When these entities borrow, do they immediately borrow the money or sort of establish a credit line and just draw it down as and when they need it. It feels...(I'm not the OP you're replying to) When these entities borrow, do they immediately borrow the money or sort of establish a credit line and just draw it down as and when they need it. It feels like having a credit facility that you draw down and then immediately spend would alleviate that problem (somewhat? maybe?). I'm glad I'm not architecting these deals, they must be fiendishly complicated with so much on the line.
-
Comment on Not so empty nesters: record-high number of US adults under 35 live at home, new data says in ~life
Nsutdwa Link ParentI saw a report from the Spanish central bank, which gave figures for how much of their net income two people (two people moving out and forming a household) would have to allocate to rent, and the...I saw a report from the Spanish central bank, which gave figures for how much of their net income two people (two people moving out and forming a household) would have to allocate to rent, and the numbers are crazy. They take the example of two 18-35 year olds, take their net income right now, get a percentage for how much of TWO PEOPLE'S net income would be needed to pay rent, and the numbers are really shocking (not surprising). 46.8% in Seville. 43.5% in Barcelona. 41.3% in Madrid (PDF warning). Anything over 30% is deemed financially irresponsible - but there's just no option if you want to live where most of the well-paid jobs are (which clearly aren't paid enough!).
It's the same all over the western world at the moment, if you want to move out, become independent, many many people have to9 effectively financially ruin themselves. And those years, in your 20s and 30s, are when savings are most important. Savings stashed away and invested in your 20s and 30s will likely give great returns in your old age. So it's a double blow, not only are they suffocated right now, they're also sacrificing their future financial security. Absolute insanity.
-
Comment on I almost got hit by a car in ~life
Nsutdwa Link ParentDriving a beater is a low-key superpower on the roads. I often get pushed around (and generally just let it happen, because eh, why bother) by fancy BMWs and Mercedes, but sometimes I just don't...Driving a beater is a low-key superpower on the roads. I often get pushed around (and generally just let it happen, because eh, why bother) by fancy BMWs and Mercedes, but sometimes I just don't bother helping them fix a problem (like they've not seen the bus slowing in their lane ahead and are now trying to escape by barging into the next lane, and no I will not stamp on my brakes to create a space for them) that they've not helped mitigate, because respraying one panel on their car is worth more than my whole car, so who's going to be the real loser here? Another scratch on my car now is no biggie, like battle scars. It's going to hurt when I have to get a new car, at least for the first few years until it's worn in.
-
Comment on What are some seemingly silly things in your life that have practical purposes? in ~life
Nsutdwa Link ParentRunning heavy cat6 cables through my walls was one of the toughest jobs I ever did. It was accomplished with lots of cable lube, two people, one shoving (which works better than you'd expect, I...Running heavy cat6 cables through my walls was one of the toughest jobs I ever did. It was accomplished with lots of cable lube, two people, one shoving (which works better than you'd expect, I suppose because of that stiffness) and one yanking, and lots of swearing and sweating. Not sure I'd do it again, but I do have good internet now, so who knows.
-
Comment on US battery industry cuts losses, shifts to new ventures amid electric vehicle bust in ~transport
Nsutdwa Link ParentThat's surely a function of the far inferior energy density of batteries to petrol/diesel though. The fact is, a combustion engine can, in the same volume, pack in way more energy, meaning that...That's surely a function of the far inferior energy density of batteries to petrol/diesel though. The fact is, a combustion engine can, in the same volume, pack in way more energy, meaning that aerodynamics can come second to aesthetics more often. With an EV, they're doing everything they can to eke out as many km as possible out of each kWh in that battery and paying a heavy price in terms of volume and weight for each kWh they choose to equip it with, so the priority naturally shifts waaaay towards a low drag coefficient. If that means it looks like a smeared normal car, fine. Grills get the gaps filled in, wheels get hub cabs that are as wide and flat as possible, wheel diameter is squeezed down, wingmirrors get smushed if possible, etc. etc. They look like bars of soap because designers wish they were as slippery as bars of soap!
I'm very much NOT a car person, though, that said. I would be quite happy to drive round in a generic oval or teardrop or whatever the physics sim says will let me go further. I can appreciate the aesthetics of a cool car, but I wouldn't pay a penny for it.
-
Comment on Formula 1 Barcelona-Catalunya Grand Prix 2026 - Race Weekend Discussion in ~sports.motorsports
Nsutdwa Link ParentRosberg and Hamilton have been forced into this kind of position a few times since Rosberg's retirement, and there's always a bit of an edge to it, I feel. I listened to a fairly long interview of...Rosberg and Hamilton have been forced into this kind of position a few times since Rosberg's retirement, and there's always a bit of an edge to it, I feel. I listened to a fairly long interview of Rosberg on a podcast (maybe "high performance something", with an ex-BBC F1 presenter. It was fascinating, he is remarkably self aware. The mental fortitude and attitude that he built up and protected in his championship fight, and how he made that such a priority, is genuinely fascinating. I think he acknowledges that his friendship with Hamilton was irreparably damaged by those years in the same team, that both are more prepared to just let the whole thing stay in the past at this point. He is a remarkable person, very clever, even sometimes humble (but normally not too humble!).
-
Comment on Elon Musk net worth estimated at $1.1 trillion in ~finance
Nsutdwa Link ParentThis is not true. Perhaps you meant to talk about a particular country in Europe? There's huge differences in the financial instruments available in different European countries and their fiscal...It's actually not possible to take loans against your portfolio in Europe, for reasons related to this.
This is not true. Perhaps you meant to talk about a particular country in Europe? There's huge differences in the financial instruments available in different European countries and their fiscal treatment, but I know for a fact of several countries where pledging assets is a perfectly acceptable mechanism to gain access to loans at favourable interest rates.
-
Comment on Formula 1 Monaco Grand Prix 2026 - Race Weekend Discussion in ~sports.motorsports
Nsutdwa Link ParentThis is almost certainly the only way to enjoy this race, unless you're actually there being wined and dined (and shroomed?), I suppose.This is almost certainly the only way to enjoy this race, unless you're actually there being wined and dined (and shroomed?), I suppose.
-
Comment on Formula 1 Monaco Grand Prix 2026 - Race Weekend Discussion in ~sports.motorsports
Nsutdwa Link ParentI fully agree that it's a terrible spectacle. I can't see it being taken off the calendar because it moves so much money, but hey-ho. I just skip it or watch the "highlights" and read a few...I fully agree that it's a terrible spectacle. I can't see it being taken off the calendar because it moves so much money, but hey-ho. I just skip it or watch the "highlights" and read a few threads to get a feel for anything that happened. I haven't seen any resolution for the pitlane speeding penalty-fest yet - has anything new developed? I think I saw a video of some team measuring the gap between the timing loops, but I haven't heard that any penalties could/would be unwound. I wonder what the rules are for retroactively nullifying incorrect penalties? Is there room in the regulations for that?
I think Russell will still come back hard, I can't believe the super talented and consistent driver has just disappeared. He's been maximising results for years now, I don't believe Antonelli will stomp him. Maybe one of them will eke out victory over the other, but I don't think either of them are going to have an imperious season.
-
Comment on Jet Lag Season 18: Stateside Scramble | Trailer in ~hobbies
Nsutdwa Link ParentThe US's national parks are an amazing resource, it's a great idea to leverage them somehow for their show. I don't know how easy they are to get in and out of though. By that I mean I don't know...The US's national parks are an amazing resource, it's a great idea to leverage them somehow for their show. I don't know how easy they are to get in and out of though. By that I mean I don't know how practical it is to rock up, get your content, and move on. Do you have to hike for days to get to the nice places or can you just pull up in a car and get to work immediately? It's probably a stupid question, given there'll be a wide variety.
-
Comment on Midweek-ish Movie Free Talk in ~movies
Nsutdwa Link ParentI really liked the first part of Backrooms. I like the director's found footage uploads on Youtube and I liked that liminal, empty space that varies between dull and terrifying, that really...I really liked the first part of Backrooms. I like the director's found footage uploads on Youtube and I liked that liminal, empty space that varies between dull and terrifying, that really scratches an itch I didn't really know I had until I saw his work.
Mild spoilers.
I much preferred that to the last part where everything is suddenly very real, tangible and not left at all to my imagination. I especially disliked when he starts cutting marshmallow out of the people and stabbing them, or whatever, that just didn't chime with the vibe I enjoyed from the backrooms youtube stuff. I certainly thought the movie was overrated, but you really can't produce a blockbuster film that runs on just vibes and hints and suggestions like a youtube series, so it was a very tough project to begin with. -
Comment on It's not just X. It's Y. in ~humanities
Nsutdwa Link ParentIt does feel very much like personalised learning writing agents will be embedded in our devices in the future. Kind of like how spell-checking dictionaries were one-size-fits-all in the...It does feel very much like personalised learning writing agents will be embedded in our devices in the future. Kind of like how spell-checking dictionaries were one-size-fits-all in the beginning, but now can be configured to "learn" (just adding in acceptable "mistakes", whether slang, profanity, or in-joke misspellings, etc. to a custom dictionary) to fit how I like to write. I would like that. I don't want every phrase I write being uploaded to some central computer and run through that for improvement, though. It runs on my device or I stick with the dumb spellcheck, personally.
-
Comment on What are your personal crackpot conspiracy theories about the world right now? in ~talk
Nsutdwa Link ParentGrowing up, the new bar would always get ruined with the sad scrap of the last one being mashed into it by my parents. Then every shower if you tried to use it, you'd have to stop it from...Growing up, the new bar would always get ruined with the sad scrap of the last one being mashed into it by my parents. Then every shower if you tried to use it, you'd have to stop it from separating off again. It's honestly my strongest memory of using bar soap. I'd rather grab them all together like your uncle and have one frankenstein bar that I melt (???) together than the constant nice+nasty ones that I used to have to use.
-
Comment on What are your personal crackpot conspiracy theories about the world right now? in ~talk
Nsutdwa Link ParentWow, I genuinely think holding those conflicting realities in my head would break me. Perhaps that dude will have a mega-breakdown at some point, it sounds horrific to inflict that on yourself....Wow, I genuinely think holding those conflicting realities in my head would break me. Perhaps that dude will have a mega-breakdown at some point, it sounds horrific to inflict that on yourself. Perhaps there's something broken in him that lets it not be such a problem for him, but dude, wow!
-
Comment on Who’s buying SpaceX and Anthropic? in ~finance
Nsutdwa Link Parent5 million absolutely is an insane amount of money by the vast, VAST majority of US citizens' standards. Having 100k that you can place on a speculative outcome is also extremely, incredibly...5 million absolutely is an insane amount of money by the vast, VAST majority of US citizens' standards. Having 100k that you can place on a speculative outcome is also extremely, incredibly unusual. I'm sure this is related to the circles you move in and the sums you are used to/comfortable dealing with, but I think it's always good to keep your feet on the ground and remember that you're probably breathing some pretty rare air up there!
-
Comment on America’s tech-filled classrooms are facing a backlash against school-assigned devices in ~life
Nsutdwa Link ParentNice idea - I'm going to trial this in my own home. We're certainly far too willing to grab our phones at meals, although thankfully we don't allow people to sink into full-on...Nice idea - I'm going to trial this in my own home. We're certainly far too willing to grab our phones at meals, although thankfully we don't allow people to sink into full-on nose-in-phone-in-silence at mealtimes!
-
Comment on What's your favorite personal gaming memory? in ~games
Nsutdwa Link ParentI love that you mentioned the ashtray maze level - it blew my mind playing it. I can still remember how well the music synced up. It totally made sense when I read how they'd roped the band in to...I love that you mentioned the ashtray maze level - it blew my mind playing it. I can still remember how well the music synced up. It totally made sense when I read how they'd roped the band in to make that happen, just amazing. That's right up there at the peak of "what games can do that books/movies can't".
-
Comment on Formula 1 Canadian Grand Prix 2026 - Race Weekend Discussion in ~sports.motorsports
Nsutdwa Link ParentI think Piastri's chance has come and gone, too. I think that last season will be a real lesson in how being cut-throat can be required, sometimes. I think it's worth acknowledging that if that's...I think Piastri's chance has come and gone, too. I think that last season will be a real lesson in how being cut-throat can be required, sometimes. I think it's worth acknowledging that if that's not HOW someone wants to win, that's a totally valid choice. With that said, I don't think Hamilton, Verstappen, Vettel or Alonso would have been half as accommodating as Norris and, especially, Piastri last year. I think either of them could have wrung out a larger winning margin if they'd been more ruthless.
I enjoyed seeing Antonelli push Russell all the way to the limit, like Rosberg and Hamilton. That brinkmanship makes for great viewing for casual viewers and, I suspect, for most of the team as well – even the ones that'll be putting in hours to construct a new front wing if one gets wrecked in a tussle).
I think there's definitely a cohort of investors who are essentially gamblers. The ones who expect that their career will never be anything other than poorly compensated drudgery with an insufficient pension in their 70s, if at all. At that point, hard word and discipline will get you a smidgen less drudgery and an iota more pension. So why not "chuck it all on black" (i.e. bitcoin, or spacex, or whatever meme stock is being hyped in that telegram or instagram or whatever this week)? Also, a lot of young people have grown up seeing only a fairly insane bullrun by world, and particularly US, markets. I've lost count of the number of times I've read threads by people in their 20s planning an early retirement on the assumption of 8%-10% annual gains on their savings.