newdude116's comments

newdude116 | 4 years ago | on: One man's immunity to ticks (2015)

My dog gets bitten a lot (has a collar now) but why are you getting bitten? I was told ticks don't fall from the trees, as I assumed, but linger in the grass and then walk up your legs. Stuffing your trousers into your socks should prevent most of them, no?

newdude116 | 4 years ago | on: Wealth Shown to Scale

I don't understand the concept or the graphics are rendered wrong on my computer.

Better would it be do explain with a standard distribution (what wealth isn't). Lets assume that 1 SD of income corresponds to 10 cm. So 3SD or 60cm, basically your screen size, corresponds to 99.7% of the population.

Some random data from the internet: "The median household income in Franklin County Ohio is about $43,000 although the average household income is closer to $54,000. The standard deviation of household incomes is about $30,000. You pick a random sample of 50 households. What is the chance the average household income in your sample is over $60,000?" https://online.stat.psu.edu/stat100/lesson/8/8.3

Household income may be even two earners. But assuming broadly 50k, sd 50k per person to make it easier and taking into account more affluent areas, only a few people make more than 200k per year.

Now lets assume Bill Gates or the Oligarch of your choice makes 10% ROE on his wealth. If he has 100 Billion, this is 10 Billion a year. This should be 200,000 Standard Deviations. If one SD corresponds to 10 cm, this should be 20 km on our scale.

So we can see the income of 99.7% of the population on our screen, but Bill Gates income would be 20 km away.

(Hope I made no mistake, feel free to correct)

PennState used an extraordinary bad example to teach the normal distribution, they chose a case where you have a fat tail distribution.

newdude116 | 4 years ago | on: Ask HN: Is domain squatting still profitable? Is there a solution?

1. not. Sure. Hey. website.io is cool now. .ly too. But you don't know how long the rules will last. They may insist you must open a company in this jurisdiction!

2, "You can sue to have a domain name confiscated if you own the trademark with the same name"

Yes sure. What do you know about trademark law and English common law? A few hints: trademarks are granted for classes and a trademark in another class or another jurisdiction would buy you nothing. lets take sampleword.com

A trademark for sampleword for delivering consulting services would not prevent me from running a shoe shop under this domain. Or a trademark in the US would not prevent me from using in in another country. Country specific domains may offer some protection here but not for .com .net

newdude116 | 4 years ago | on: Ask HN: Is domain squatting still profitable? Is there a solution?

I don't mind squatters in general. It seems like something many people would do. I have bought a domain name for a business 10 years ago for USD 500 from a former music band.

But now, people often want 30k-50k per Domain. If you have a few hundred it may make sense to wait until you find an idiot. But I doubt that it is a very profitable business for many. It may be a long tail business. Many losers, a few make a killing.

newdude116 | 4 years ago | on: Home Depot is introducing power tools that won’t work if they’re stolen

Yeah. What a Bullshit. What is the next thing? They change policy and charge USD 1 per hole if you drill more then three per day? Thanks I pass.

https://news.ycombinator.com/item?id=26466515

“The door refused to open. It said, “Five cents, please.” He searched his pockets. No more coins; nothing. “I’ll pay you tomorrow,” he told the door. Again he tried the knob. Again it remained locked tight. “What I pay you,” he informed it, “is in the nature of a gratuity; I don’t have to pay you.” “I think otherwise,” the door said. “Look in the purchase contract you signed when you bought this conapt.” In his desk drawer he found the contract; since signing it he had found it necessary to refer to the document many times. Sure enough; payment to his door for opening and shutting constituted a mandatory fee. Not a tip. “You discover I’m right,” the door said. It sounded smug. From the drawer beside the sink Joe Chip got a stainless steel knife; with it he began systematically to unscrew the bolt assembly of his apt’s money-gulping door. “I’ll sue you,” the door said as the first screw fell out. Joe Chip said, “I’ve never been sued by a door. But I guess I can live through it.”

page 1