johnbrodie's comments

johnbrodie | 6 years ago | on: U.S. airlines want a $50B bailout. They spent $45B buying back their stock

The most convincing argument I've heard is centered around just how much cash flow and expenses goes through the airlines on a daily basis, meaning they'd need some extraordinary amount of cash in the bank to weather something unprecedented like this. If they _did_ have that much cash, it'd be bad for the economy since that capital is effectively "locked up". Instead, give the proceeds back to the shareholders that will likely do something else with it - invest in new businesses, buy more goods and services, etc. I don't have any links handy, but Ross Perot railed against companies hoarding cash for decades.

johnbrodie | 6 years ago | on: “farewell outline. we have all been laid off.”

I'm not so sure it's so black and white. Isn't this exactly the kind of situation that these banks would use as leverage to get themselves a better deal, especially as interest rate they can charge was a specific complaint?

> Members of the group include JPMorgan Chase & Co (JPM.N), Bank of America Corp (BAC.N), Wells Fargo & Co (WFC.N) Citigroup Inc (C.N), Truist BankBBTVA.UL and PNC Bank PNCBNK.UL.

Yeah, not taking their word for it.

johnbrodie | 6 years ago | on: Soviet radar hidden in Chernobyl’s shadow [video]

I went there too, trip of a lifetime. Of course, the disaster tourism angle makes it hard to get too excited, especially if you've spent time in Ukraine and spoken with the people affected.

Either way, the pictures do not do justice to the true scale of this thing. You come around the corner of an old single lane road through the woods and suddenly you can see part of it. It just keeps on getting larger and larger looking as you get closer.

Our tour was allowed to climb up a few levels, but most of us chickened out at the first platform.

johnbrodie | 6 years ago | on: SUVs and pickup trucks are now too big for already gigantic garages

I needed some wood from HD and tried to rent a truck, it was a nightmare. At least at my local HD, they don't allow you to reserve. They only have 2 trucks, both of which are constantly busy. They won't even hold it while you grab the stuff you want to transport home, so you have to camp out or get there super early, rent it, and then let it sit while you do your shopping and check out.

Agree with using u-haul if needed, but that's also normally quite a pain. We bought a truck recently, and it's been super nice to just hop in and go. Full disclosure, we bought one only because it'll be towing a track car 2x/month, and at that rate renting stops becoming at all attractive.

johnbrodie | 6 years ago | on: Waymo Via

Both lack of regulation as well as weather, road condition, and road layout. Most of the Phoenix metro area is a grid, fairly modern as streets are constantly redone as we've grown so new-ish signs that are largely unobstructed by trees, etcetc.

As a motorcyclist with a 45 minute commute, I'm on the cautious side when it comes to self-driving tech on the roads, but I have to say that anecdotally it's been fine so far. I'd be willing to bet I see ~10 Waymo vehicles a day. I've had plenty of issues with normal cars/drivers, have never had nor seen an issue with Waymo.

johnbrodie | 6 years ago | on: Robinhood Is Down Again?

I have no experience with it directly, but Robinhood is also widely regarded (in at least some circles) as having very poor execution. Meaning you're potentially not getting orders filled, or getting them filled at a sub-optimal price. They're also known for having "tech startup" level tech support if there _are_ issues, unlike more established brokers that allow you to talk to a real person almost instantly, allow you to trade over the phone if needed, etc.

They're also known for mispricing essentially _every_ morning, showing nonsensical pricing and account values for the first 30 minutes of trading. Overall, their software is clearly lagging behind something like Think or Swim from TDA.

Robinhood kind of made sense for low-value accounts that wanted to avoid commission. They've changed the game a bit in that most brokers offer low to no commission now. I'll echo the parent comment, I just don't see the point in using them given that most of the alternatives are better.

johnbrodie | 6 years ago | on: The Seven-Year Auto Loan (2019)

When I was in college, I needed a car to get to work (server at a restaurant), and to school. I spent $1600 on a 10 year old Volvo. For two years I did a fairly brutal commute between home/work/school, and drove for close to 3 hours a day. Wasn't great on gas, but it worked just fine. At some point it failed a state inspection and needed a new exhaust and new brake pads and rotors. Shop wanted around $5k. I shopped around and got a (cat-back) exhaust done for < $300 from a local shop, since it's just not something I could do myself. Bought rotors and pads for < $100, and spent some quality time in a parking lot with YouTube videos and a few wrenches.

Heck, I make substantially more money now, and still have a pretty long 45-minute each way commute, with a lot of traffic. My primary vehicle is a $1600 motorcycle, and I _just_ added a truck as a backup (and to tow a track car). Spent $17k on the truck, it's perfectly fine, even looks good. Most I've ever spent on a vehicle by far, and I assume I'll have it for the next decade, at least. I'm driving it 4 hours out into the middle of the desert later today, and I have no worries about reliability.

Bought the truck and every other vehicle I've ever owned in cash. I think that's the big difference between some others and myself. When I could afford only a few grand cash, that's the kind of car I bought.

Honestly hard to feel too sorry for people that "need" a $30k+ car/truck/suv. I think these articles will always ring hollow for anyone that's been in the same situation and opted for a cheap car. Why on earth would you take out that long of a loan on a car that costs you a full year's salary or more?

johnbrodie | 6 years ago | on: Our Tesla Model 3 Suffered a Failure While Parked

To me, the scariest part of the article is the last image showing the Tesla screen: "Schedule an appointment on your Tesla Mobile App". No ability to take it somewhere else, no ability to diagnose and attempt a fix yourself, you just have to hope that Tesla will fix it quickly for you.

I like Tesla as much as anyone else here, but that last image, imho, takes a bit of ownership/agency away from the owner of the car. I don't trust any company enough to have a $50k+ asset that _only they_ can work on.

johnbrodie | 6 years ago | on: Sweden Drops Julian Assange Rape Investigation

Another take, with no more or less evidence as far as I can tell: He essentially had no choice, as it was obvious he was going to be railroaded at any trial, and would likely be bounced to the US at some point.

johnbrodie | 6 years ago | on: All-Electric Ford Mustang Mach-E SUV

With all the regulation around cars and driving already, I'd love to see regulation around controls. It makes 0 sense to me to ban cell phones because they are distracting, but then allow giant touch screens in the car with no analog dials/switches for common features.

johnbrodie | 6 years ago | on: Explaining 4K 60Hz Video Through USB-C Hub

I haven't straight up broken any connectors, but my Pixel 3's USB-C port is super picky about what cables will fit well enough to actually charge. I end up plugging it in, flipping the cable around, trying again, moving the phone so the cable hangs slightly different, etc. Port is clean (apparently they collect pocket lint), tried 5+ cables, only the original one has a decent hold once plugged in. All this means I basically _can't_ charge my phone on the go, in the car, etc.

johnbrodie | 6 years ago | on: Explaining 4K 60Hz Video Through USB-C Hub

I tried buying into this, got burned. Dell XPS Dev Edition, top of the line Dell Thunderbolt Dock, should work great, I thought. Nothing but trouble, tons of complaints online, Dell refused a refund as it's "not defective" - it just doesn't work with Ubuntu well. The OS preinstalled on _their_ hardware. Most of the complaints about the Dell Thunderbolt docks are from Windows users, to top it all off.

My point being that the scenario you envision is now being sold by some manufacturers, but not necessarily delivered. These docks also have their own firmware, sometimes _multiple_ different firmwares, and at least those I've tried only let you update via Windows. There's UEFI updates that are supposed to help as well, again only updatable via Windows. So far, I can't say I'm super impressed with the reality of non-Mac Thunderbolt.

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