IDK. Camping can be very cheap. I went on camping trips all the time as a teenager and I had almost no money. Unless by "camping" you are talking about towing a small mobile home into a paved "campground" with electricity, water, showers and bathrooms.
I vaguely remember a magazine biography of an Italian scientist who lived near the mountains. In the summer, he liked to strike out on Friday afternoon with a hunk of bread and a hunk of cheese, think about scientific problems while he hiked around in the mountains, sleep under his jacket, and come home on Saturday or Sunday. In his location he didn't need any more material wealth to "go camping" than he needed to stay at home.
It might be more the opposite, that only in relatively recent times have people been able to get away for a day or two without doing what we would call "camping." If you were a hunter-gatherer you'd grab a buddy (or not), invent some excuse like checking for game in the next valley, and rough it for a night or two. Now if you fuck off for a weekend you can check into a hotel or an AirBNB.
I think they were called "hunting / gathering" for most of human history.
Heck, non-working pets (e.g. herd guardians, vermin control, etc.) were nearly unknown until relatively recently, because who had the wealth to feed a non-productive mouth?
It's more just what they had to do anytime they traveled longer than a day's distance. I'm sure that happened for pleasure, but a trip specifically to camp seems like something that is more relegated to the modern age where you can get to a destination easily without having to just camp along the way.
I am working in MapReduce/Data-pipelining/Dataproc efficiency internally and externally. In cloud you can check out Google Cloud Dataflow
We are working closely with general efficiency and bare metal teams, yes :). They definitely do a fascinating work. This one was my 20% project together with the google efficiency team
I'm not sure if you're asking me personally or about the original post, but to be clear: I'm not (currently) associated with Google, nor is my work on pdqsort or glidesort. I'm also not associated with the original post, other than that my work on pdqsort was credited at the bottom of the blog post, which is what my opening sentence was referring to.
I edited my comment to reflect this, I can see how it could've been misinterpreted. It was not my intention to deceive.
It's a lack of supply caused by costly and overzealous environmental assessments which strangle the process of land development in Canada, particularly Ontario.
If you want a convenient scapegoat, blame the McGuinty government of the early 2000s. When the 2005 Greenbelt Act was passed, developers across the country warned of a housing crisis in the future due to the effect the bill would have on the price and timelines for new construction. 17 years later we'd prefer to blame China or NIMBYs, but the reality is Canadians, and especially Ontarians, did this to themselves when they allowed politicians and environmentalists to ignore the concerns of land developers and engineers.
Plenty of basic human needs are financialized - crops and water and electricity - and they don't have any problems.
Why is financializing land and real estate a cause for the problem?
I argue it's not financializing, but the lack of allowance for production of more, when the price signals a demand for more.
When crop prices are high, farmers grow more, or make use of more land to grow. Ditto with electricity or water. Why isn't more land opened up for development, when price of real estate is high?
The "theory" relates to increase over time for a single location, not differences between 2 locations at a single point in time. But to stick to your example, investors are more likely to flock to a location with greater returns. At the same time, Lubbock hasn't exactly remained stagnant.
> Which should’ve helped a whole bunch of hard-working regular people to buy their first-time homes, but that is not what is happening it seems?
This is false if you think about it.
What drives the price of a house is what people can pay on their monthly payments.
As rates go down prices go up as people can afford to pay more.
Unfortunately for home buyers this means the downpayment goes up. What you end up with is a bunch of first time home buyers who can in theory afford the mortgage payments but can't build up the $200,000 nest egg required as a 20% downpayment on a $1,000,000 home.
When rates go back up home prices will drop and so will the size of the downpayment required, even though the person will pay about the same monthly on their mortgage.
Lower rate help those with existing homes and therefor existing equity more than those without homes.
It would have been true if the supply side of the market was working. Low interest rates have increased demand but the market has not been apply to increase the number of available homes to meet the demand, hence existing properties have increased in price.
> Some of the prior employees enjoyed playing with advanced language features and writing libraries for the most general possible case even when that made it hard to understand how they were used for the 2 actual cases we needed to handle. Akka, Cats, and Shapeless were all over the place.
I was under the impression that marketing costs fall under a cost of revenue column and goodwill is just a BS account item to account for differences in money spent and 'market value' during m&a.
"The value of a company’s brand name, solid customer base, good customer relations, good employee relations, and proprietary technology represent some reasons why goodwill exists."
The first three are directly tied to advertising and brand-building. You call it "BS" for some reason (you seem not to believe in it), but it is a real thing and we have financial methods to account for it.
> You call it "BS" for some reason (you seem not to believe in it)
The balance sheet is typically abbreviated as BS, so a BS account is a balance sheet account.
It's been a while since I've had anything to do with goodwill, but if I remember correctly it's most commonly the difference in the assets net market value and the purchase price of a company. So if company A buys company B, which has assets of $50 for $100, then they'll add $50 in goodwill to account for the difference.
This is, of course, a simplification as I'm sure goodwill is regulated under GAAP/IFRS. But it does mean that you can't use goodwill to accurately estimate the effects of brand advertising as there could reasons other than brand marketing for a company being traded above its assets' fair market value at the time of the sale.
==So if company A buys company B, which has assets of $50 for $100, then they'll add $50 in goodwill to account for the difference.==
Goodwill is an asset and we frequently see it monetized. It isn't just a made-up number to make things balance, it is a stand-in for particularly "hard-to-value" assets like perception. Ford famously licensed their logo and built a $1 billion business [0]. Prior to the licensing deal, that value would have only been captured as Goodwill on Ford's balance sheet. It is the value of the blue shield that they have built over decades of company performance and advertising.
==But it does mean that you can't use goodwill to accurately estimate the effects of brand advertising as there could reasons other than brand marketing for a company being traded above its assets' fair market value at the time of the sale.==
Goodwill is a combination of many things, one of the largest pieces being brand value. Publicly traded companies generate a Goodwill number each time they release a financial statement.
== The Intangible Valuation Renaissance: Five Methods [0]
== 3 methods for valuing intangible assets [1]:
1. Under the excess earnings method, valuators forecast the after-tax cash flow that the asset is expected to generate. This method can be the most complex (and costly), but is also usually the most accurate.
2. Under the relief from royalty method, valuators forecast the revenue that the asset is expected to generate, then apply a comparable industry royalty rate and subtract taxes.
3. Under the cost method, valuators determine the cost to develop the asset (i.e. labour and materials), plus a reasonable return on that investment. This method is often used for early-stage companies where forecasts are difficult to prepare or in instances where information doesn’t exist to use the first two methods.
== Financial Valuation: Applications and Models [2]
"Coverage includes state-of-the-art methods for the valuation of closely-held businesses, nonpublic entities, intangible, and other assets, with comprehensive discussion on valuation theory, a consensus view on application, and the tools to make it happen."
Urban population density is the only thing that is keeping our(US) carbon footprint from going through the roof imo. I'd much rather have people live in high density buildings within walking distance to most things. Sewers, electricity lines, gas, roads, water is all shared.
