Liberty

http://www.businesswire.com/news/home/20170920005805/en/ Interactive Brokers Announces Strategic Investment in Tiger Brokers

http://www.businesswire.com/news/home/20170919006665/en/Liberty-Media-Corporation-Launches-Secondary-Offering-Behalf

Yeah, nobody needs anything nicer or better... That's why Apple and all the premium brands out there are going bankrupt any day now. Yeah, that's why high percentage of people have no or very little assets: because they buy pointless overpriced brand toys. I've heard some people on this forum advocated reasonable consumption, saving, and early retirement. I wonder who that was? ::) Some things are worth paying up for because they provide more value. If you don't see it, then it's not for you, and I'm sure I'd find some of the things you like not worth the money; but pretending that because it's not for you it's not for anyone is ridiculous. For a few hundred dollars a year I get the equivalent of tens of thousands of dollars of value from just a few years ago. A network-connected super computer in my pocket that is protected by instant-biometrics, that can do gaming, GPS, take great photos and 4k video, has a super-high res, wide color gamut, HDR screen with ambient light sensors to adjust the color temp transparently, it's also a computer to browse internet, a way to stay in touch with friends and family, a way to make money through my work, a way to read books, listen to podcast, listen to millions of songs, do fitness tracking, jot down notes, make grocerie lists, do e-commerce shopping, book trips, do online banking, etc. And if I keep that $1000 iphone for 3 years it costs me 333/year. So maybe I could save a few dollar a year by buying a crappier phone, but to me I get A LOT more value than what I'm paying, so it's worth paying a few bucks more to get what I find to be a better OS and better industrial design and better cameras and better apps, a better SoC, less malware, and certainty of software updates. And the better camera is worth the upgrade alone, as someone with a young kid and a second one on the way. The nicer photos will be priceless someday (and I have a DSLR too, but the camera you always have with you is more important because that's always most of your photos). All that for the price of nicer floormats and a sunroof in most cars, which most people never even take 5 minutes to think about. We're terribly spoiled by electronics/software deflation... We've forgotten how much value we're getting.

Yeah, nobody needs anything nicer or better... That's why Apple and all the premium brands out there are going bankrupt any day now.

Working fine for me.

https://www.bloomberg.com/news/articles/2017-09-19/sprint-t-mobile-are-said-to-agree-on-deal-ownership-structure

Intel sells CPUs for $1000+ :P

https://www.bloomberg.com/news/articles/2017-09-19/sprint-t-mobile-are-said-to-agree-on-deal-ownership-structure Working on a merger with T-mobile. Wonder what the impact would be on the towers (AMT, SBAC)...

Looks like 100k Canadians affected.

https://www.wired.com/story/apples-neural-engine-infuses-the-iphone-with-ai-smarts

A lot of the top infosec people don't have formal degrees in the field. I'm not saying that that person was competent or not, I have no more info about that than anyone else. Just saying that some fields are different from others. A neurosurgeon without a medical degree is probably a big problem, but a programmer or security person without a degree in the field, not necessarily. In some fields you need specialized equipment and access to mentorships and customers/patients to practice on and such (ie. inside an hospital), in some fields all the knowledge is out there and all you need is a computer and an internet connection.

Writeup here (sub required): https://www.scuttleblurb.com/efx-equifax/

www.bloomberg.com/amp/news/articles/2017-09-17/ray-dalio-says-he-s-ready-to-give-away-bridgewater-s-secrets

I'm sure Apple's team is top notch, but working on a chip for 3 years isn't out of the ordinary. The industry average from project start to release is 18-24 months, which has been my experience as well, but some projects just take a lot longer. I've worked on chips for as long as 6 years. It's not the amount of time that they worked on it that impresses me, it's the characteristics of the chips.

Craig Federighi interview by John Gruber: The Talk Show With John Gruber: 200: ‘Episode CC’, With Special Guest Craig Federighi https://overcast.fm/+BtuyYAAIQ

https://techcrunch.com/2017/09/15/interview-apples-craig-federighi-answers-some-burning-questions-about-face-id/

If you're not already a good insurance operator, it's probably a lot harder to get in than it might seem from the outside. Heavily regulated and very competitive industry. In other words, there's no such thing as a free lunch: You pay for that float one way or another (through hard-won expertise or through a crappy combined ratio that might not show up for years).

Apple's silicon design team is the best in the business: http://mashable.com/2017/09/14/inside-apple-a11-bionic-and-silicon-team/

Yep, that's legit. Fun fact though: be careful of charts that compare US and Canadian debt/income those measures are calculated differently and the Canadian measure shows higher. Yeah, I was aware of that, but I know that many aren't and it's a common mistake. Thanks for pointing it out.

This chart seems legit, he said tentatively:

I'm starting this book. Looks interesting. A series of profiles of entrepreneurs. There's a website with more info: https://intelligentfanatics.com/project/ And I know that they've already written a second book, that isn't published yet, so it's a series. https://www.amazon.ca/Intelligent-Fanatics-Project-Sustainable-Businesses-ebook/dp/B01HLCUA7M/

https://www.bloomberg.com/news/articles/2017-09-14/it-s-official-verizon-has-moved-on-from-possible-cable-tie-up Translation is probably that they approached CHTR and Malone said "no".

It's the old "can't make an omelette without breaking some eggs". If you're never failing, you're probably not pushing hard enough, and you're probably not learning as much as you could.

Dalio has been doing the rounds lately. He's done an interview with Shane Parrish that isn't published yet afaik, and one with Tim Ferriss that is: https://tim.blog/2017/09/13/ray-dalio/