20-50% into broad market indexes. 50-70% into messing around and generic picks.
Of my own picks, only a few have outperformed the s&p50p. Some are... not good. If I happen to find another nvidia I'll be very happy. If I don't, I'll be able to retire at a not unreasonable age.
is it decades of hacky code, or decades of battle tested code?
I haven't touched wordpress in... many years, but I've seen far too many developers look at old code and call it junk... only to break things horrifically when they attempt a rewrite.
Developing a browser, Firefox or Chrome, takes a huge amount of effort, and are on a similar scale to both Windows and Linux. It's a lot. There are a lot of places to hide things. Taking all of that, and making V2 continue to work... well it'll be alright to start with. It's probably a flag somewhere currently. But in 2 years time? 5 years time? It will take a lot to keep V2 working, let alone back porting V3 features that people may actually want.
I mean, that argument starts to wade in to the Mozilla foundation as a whole, and what their purpose is, and that's a giant kettle of fish.
Theoretical game. They lowball Google on how much Google pays them. How do people react? I don't see them doing that and say, "Man, I'm glad Firefox is reducing Google's influence over them". I see them making a thread about how Firefox is giving Google a discounted rate because they're all corrupt technofacists.
The core problem there still exists IMO. Funding.
What we really need is a reasonable way for open source, free, software, that exists for the good of the whole, to get money. But that has it's own kettle of fish, where does it come from, how big is big enough to get some, what if they charge for support, how open is open enough.
Something something, seize the means of production, communism, etc.
You thought France had a 1.2 million USD per capita GDP? At that rate their GDP would be... 82 trillion. Dwarfing Chinas mere 18 trillion.
Interesting point - you also picked countries with significantly higher population in close proximity to major trade routes and markets.
Honestly, I went to a country per capita list, and picked out some names that stuck out. I'm not sure if you could ever find a country that's really comparable, in many ways we are at the end of everything.
Agreed- unfortunately low value bulky goods that fetch global price means it sucks for us consumers.
One of my big pushes in the last year has been to pay attention to food miles when purchasing... and sweet fucking jesus. The cheap stuff we import, and then sell our expensive goods overseas for minor margins.
Couldn’t agree more. 4 year election cycle, cut the crap and let’s get this country better.
I think this is a trap. A lot of our problems come from how easy it is to change things, IMHO. I'm not going to go find a source now (eating my lunch), but our democracy is unique is how easy it is to change laws. A lot of other countries have more checks and balances than we go, eg a upper house. Though in comparison we have the check and balance of MMP and multiple parties having to form a coalition.
Still higher than some countries who manage much more. We beat Korea, Japan, Spain, hell, we edge out France.
significant logistics chains and costs
Good thing we are getting some new Toyota Carolla Ferrys to help make those logistic chains better!
low nation ownership of productive assets and banks
The same party that is now claiming we need austerity, also sold of several of those productive assets.
lack of economies of scale from infrastructure spread over a wide area with low population
Fair. I think most of our main infra is pretty consolidated, but a large portion of our economy is based on farming, which by it's very nature, is spread out.
surprisingly lack of accountability for project over runs…
On this we agree. I also think that cancelling good projects, simply because it's the "other sides" project, should also have accountability.
This is my approach.
I have hubris. But also some self-awareness.
20-50% into broad market indexes. 50-70% into messing around and generic picks.
Of my own picks, only a few have outperformed the s&p50p. Some are... not good. If I happen to find another nvidia I'll be very happy. If I don't, I'll be able to retire at a not unreasonable age.