For the PFOF skeptics, there isn’t that much money in pfof on liquid large cap stocks.
For the founder, have you thought about doing away with the 1$ for friction reduction while you scale given how tough the switching decision can be?
For the founder, have you considered using ACAT in incentives as a differentiated acquisition tool?
For the founder, are their “moments” people often switch their brokerage you could target aggressively? Ie I imagine Johnny software, 28 , is a hard sell to sit down and port their holding over from fidelity to save a couple of BPS, but maybe people starting their first job? Setting up a retirement plan? What’s your target “moment”?
Landfills. Theoceancleanup's own figure is that there is 100,000 tonnes of plastic. This one [0] landfill in Ohio gets 2 million tonnes each year. That's out of ~250 million tonnes produced by the US each year [1]. So it seems there is plenty of room.
So the plan is to spend 7 billion and however much carbon over 10 years to move pollutants from the middle of the Pacific Ocean, thousands of miles from anyone or any rich fisheries, to landfills near population centers?
Well, water is a solvent and dirt isn’t. That’s probably the reason why oil isn’t harmful in the ground and it is harmful when it’s spilled in the ocean.
Why would contaminating the environment of a major food supply be the least harmful place? how is that better than purpose built infrastructure to contain that trash?
Not the original commenter, but I was also thrown a bit by the structure of the blog post. Most items posted on HN are on a single topic, and I didn't realize going into this item that I was dropping into a multi-topic finance newsletter.
Based on the title, I was expecting a single, unitary article that was about hedge fund size and tax arbitrage. It took a while for me to realize this was not the case.
> On-Topic: Anything that good hackers would find interesting. That includes more than hacking and startups. If you had to reduce it to a sentence, the answer might be: anything that gratifies one's intellectual curiosity.
Women, 24+, interested in family, weddings, gifts, babies, family photos, etc. We kept it to Australia for now, but I'm working on going international.
Since the items integrate the buyer's photo, people also often use them as memorials of dead people, but we didn't specifically target that. Yet.
