laminarflow's comments

laminarflow | 2 years ago | on: 2024 Kawasaki Ninja 7 hybrid motorcycle first ride review

Fellow sportbike rider (late model R6) - Thank you for sharing that article, even I was surprised to see such a low incidence of fractures.

I was curious what the corresponding data would be for brain injuries, and found the below, which is also surprisingly low.

Musculoskeletal injuries represented the vast majority (88.43%) of the 191 encounters registered in the acute setting, while concussions were diagnosed in only 1.57%. The most common orthopedic motorcycle injuries were upper extremity contusions while the most common anatomical area for fractures was the hand.

https://www.sciencedirect.com/science/article/abs/pii/S09493...

laminarflow | 2 years ago | on: Uber CEO stunned by $52 fare for 3-mile ride

In the greater NYC area, it's commonplace to have the ETA immediately increase by several minutes (not uncommonly by 50%+) as soon as you're matched with an actual driver.

Based on other comments, it seems this might be a somewhat location-dependent phenomenon.

laminarflow | 2 years ago | on: Uber CEO stunned by $52 fare for 3-mile ride

Also see: "If you cut through this residential street with 4-way stop signs on every corner and make an impossible left hand turn across four lanes of moving traffic back onto the main road, you can shave 1min off your ETA."

- Sincerely, PM of driving directions in SF who takes a company shuttle into the office and doesn't own a car.

laminarflow | 2 years ago | on: Sacramento Sheriff sharing license plate reader data with anti-abortion states

Regardless of one's political orientation, most examples of "fake news" are in fact "literally true as stated". The broader question is whether we should endeavor to present the news holistically.

It is newsworthy that certain CA precincts might be unlawfully sharing license plate data, and if SacBee is significantly under-reporting the extent of the sharing -- which is the main focus of the story -- in favor of their interpretation of the sharing, that is editorializing.

laminarflow | 3 years ago | on: Prostate cancer could be treated by destroying tumors with electric currents

In a past life, I worked in prostate cancer ("PCa") clinical research. To drive home the point about how large of an unmet need this is:

A) In addition to 1/6 men being diagnosed with PCa, an ~equally large percentage of men have undiagnosed cancer at the time of death, it just wasn't severe enough yet to be the thing that killed them. (1)

B) Because treatment carries a 50% risk of sexual and/or urinary dysfunction side effects, the standard of care in the US for PCa is literally to leave the cancer untreated and monitor it closely, until it develops into an aggressive cancer. At that point, we treat the entire prostate (the opposite of "focal" therapy referenced in this article) and all bets are off re: side effects. Also, often by that time, the cancer has spread outside of the prostate and is much more difficult to treat.

(1) https://www.sciencedirect.com/science/article/pii/S246829422...

laminarflow | 6 years ago | on: Introducing Shopify Email

Agree, although I think there's also something to be said about ease-of-use and ease-of-implementation, especially for many smaller merchants who might not be using anything at all due to the adoption barrier. Imagine being able to natively pull in all of your existing digital assets, never having to worry about links not working or the wrong picture displaying, or configuring a third party program to send email from your company domain. It also opens up a potential for full-cycle tracking, from delivery rates to click-through rates to checkout time to items sold...

laminarflow | 6 years ago | on: A critique of the claim that passive investing is a bubble

I agree with your views, but anecdotally, my worry is about how many of those Mom and Pop investors bought the index funds specifically because the index funds have recently performed well; and of that faction, how much of the capital allocated to index funds was pulled from other sources, causing those sources to fall in value?

The data would also support that on a dollar-weighted basis, most index fund investors are not really buying-and-holding:

"Turnover rates for two of the most popular ETFs are higher than 3500%(!), an average holding period of about a week. That is dozens of times greater than the trading liquidity of even its most liquid constituents"

http://www.grantspub.com/files/presentations/Grant's%20Confe...

laminarflow | 6 years ago | on: A critique of the claim that passive investing is a bubble

For those interested in this topic, Horizon Kinetics' 2016 presentation "Indexation: Capitalist Tool" is a fascinating read, as it points out some baffling structural mismatches between indexes and their underlying securities beyond just liquidity (which was the main focus of Burry's analysis).

http://www.grantspub.com/files/presentations/Grant's%20Confe...

Edit Some highlights:

> Does an asset allocation program or roboadvisor tool seeking foreign market exposure know that 6 of the top 10 holdings of the iShares MSCI Spain Index get 70% or more of their revenues from outside of Spain? That a purchase of the ETF is, essentially, investing outside Spain? The same holds true for emerging markets ETFs.

> the business demand of ETF organizers for liquid stocks has only increased, with the influx of funds directed into the same limited population of liquid stocks. ExxonMobil is one of the most liquid. Ergo, it will be found almost anywhere one can imagine that it can be placed. It’s Growth, It’s Value, Its’ a Bird, It’s a Plane...

> Would an active manager of a low-risk strategy be permitted the risk of a near-50% weighting in financials? ... These largest-in-class ETFs can legitimately be characterized as low volatility, since of late the financial sector has not been volatile. And the high weighting enables the ETF to attain its advertised low Beta.

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