Recent content by cguy

  1. C

    Johannesburg beats London for young professionals

    I just watched the video. What a joke. Imagine thinking that living in a country with a failing government and failing services was some sort of plus because you become "State Proof" by having to pay for all these services privately, or by purchasing your own infrastructure. He compares the...
  2. C

    Johannesburg beats London for young professionals

    What an utterly garbage article. Let’s just ignore the massively increased salaries and opportunities, and the fact that London has “amenities” you would actually want to go to.
  3. C

    South Africa becoming a ‘cartel capital’ rivalling Mexico and El Salvador

    Yeah, their info is a bit dated:
  4. C

    Mr Price CEO earns R52.6 million – 843 times more than the lowest-paid employee

    People contribute disproportionately, and some have far more responsibility than others, some have rare skills sets, and some are tied to divisions that do less well than others. The whole point of bonuses is to pay efficiently, rather than funding the coasters from the superstars. Say I’m the...
  5. C

    Mr Price CEO earns R52.6 million – 843 times more than the lowest-paid employee

    I wouldn’t count on it - it’s a high pressure, always on job that typically requires the skills of someone who doesn’t need to work, and understands well that the marginal utility of money decreases dramatically at the high end. That just decreases the marginal gains even more, discouraging...
  6. C

    The house that costs over R1.8 million a month in South Africa

    I really like it. Probably the biggest oversight is the lack of a grand double height living room. I also prefer an indoor pool. Definitely would be top of my list if I had a bigger family and still lived there.
  7. C

    Mr Price CEO earns R52.6 million – 843 times more than the lowest-paid employee

    These ratios are so idiotic. Yes, highly experienced, educated executives responsible for tens of thousands of people, are going to make a lot more than someone who didn’t finish school and packs shelves or sweeps the floor. By all means highlight pay that is below standard, but that extra...
  8. C

    What was your pay increase this year?

    It’s called a science degree.
  9. C

    What was your pay increase this year?

    They should become directors then.
  10. C

    Using Claude to Build an AI Trading Bot

    The gap isn’t shrinking, it’s growing. Those who do this well are making more than ever. Even with $100m of funding you would battle to get anything to work. They key thing is that they figure out the signals and trade them, which means that the signals get traded out of the market. What’s...
  11. C

    Using Claude to Build an AI Trading Bot

    I am sure it’s a fun project, and you will learn about bunch of cool things putting this together, but trading off signals successfully needs a ton of statistics, machine learning, and an understanding of market dynamics. Please don’t put a lot of money in there. At best it will lean long...
  12. C

    Does anyone still use LinkedIn?

    This was so cringe. Note the 250M+ views.
  13. C

    Debates - Potential Faulty Science

    That’s like saying 2 can have the value -2.
  14. C

    Elon Musk's fortune reaches $1.05 trillion

    That’s already factored in. He owns 38% of it, that’s over $800m. The rest of his net worth comes from His other companies. I doubt that. It’s hard to accumulate that kind of wealth unnoticed.
  15. C

    New R4.2 billion bridge officially opens in South Africa, and US plan to punish South Africa backfires

    More likely that imports from SA increased, but it’s still less than it would have been otherwise, and also likely proportionally less relative to competitors.
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