Hilariously, I think most Gen-Xers learned from playing Railroad Tycoon computer game where the detailed score sheet is the three sheet financials. For a short period of time in the late 80s there were plenty of 12 year olds who understood quite a bit about financial statements and what they imply about how a game/business is being run.
I don't know the modern equivalent that motivates a game player to learn to read financials.
Obviously you can/could/do play RRT "just one more turn" all night long until 4am every day just like the Civilization series of games, although actually learning how the numbers interact with each other and in-game behavior probably took one hour spread out over time. None of the concepts are terribly complicated once you memorize the definitions and important ratios.
Honestly you could get a basic start at reading financials, if provided with experienced tutoring, in an hour of clock time while playing RRT.
It was kinda ridiculous half a decade later in high school taking econ class and seeing the dry and boring way they tried to teach reading financials. You could replace an entire multi week unit of the class with perhaps three class periods of playing RRT.
I think when I self-taught how to read public corporation financials, I did it just by looking up various definitions over time. There are not very many that matter. I did that when I was quite young, so I'm confident most any adult with even very basic financial literacy can do it in an hour to get started.
So for example, Uber, on Yahoo Finance (fairly simple data presentation):
Columns displaying full fiscal years (you can change that to quarters optionally). And rows showing specific financial information, such as "total revenue" or "gross profit."
There are ~22 rows in a column year in the Yahoo data sets, each displaying different financial data. Of those, maybe a dozen are particularly important for an amateur to know.
So you'd look up the definitions for eg: revenue (sales), cost of revenue, gross profit, operating expenses, SG&A (selling, general and administrative expenses), operating income, income before tax, income tax expense, interest expense, net income. Another that can be useful as a new or amateur investor, is EPS, or earnings per share.
Investopedia is a reasonable option for learning the definitions, although there are numerous sites that will work fine.
Shouldn't take more than an hour to look those up and learn them at a basic level. After a bit of practice, you can scan a multi-year profit & loss (P&L) statement in a minute and have a great idea of how a company is fairing.
A balance sheet can be more complex, although it can similarly be boiled down to a dozen or so things that by far matter the most. You can get the definitions for those things and learn them in under an hour, then practice reading balance sheets.
Then last but not least for an amateur interested in such, would be to acquire practice at scanning through annual and quarterly reports filed by companies with the SEC. They're often obnoxiously long and overflowing with low-value bullshit, however only a small amount of the content tends to matter. I think the best way to keep that under an hour, would be to have someone mark off the segments worth always looking for / looking at in the filings, such that you can learn to jump to those sections to pick out important information. Beyond that, getting good at digesting company SEC filings will take a lot longer than an hour.
I wouldn't attempt to take on all of these things in under an hour, it'd be unreasonable. An hour each to get started however is doable. Starting with the P&L statement.
Dynamic yield was practically pushed into AI. They never promoted doing AI but investors and clients liked it more. So they simply gave up and went with it.
This is Googles blueprint to eradicate apple. They want Web apps to dominate because they already have a standing there and apple has a large marketshare in native apps.
It is quite common that sql servers run just with a few accounts. Helpful audit logs on critical systems have a high cost. So technically it is not hard but practically it is.
True but they can have systems which execute on the behalf of an authenticated user and pass that to the SQL server but the system in the middle would have logs of that query and by whom. Now, to be fair, there are usually holes that allow direct access as well.
Annoying and useless. These kind of popups have become so widespread that a regular internet user pretty much agrees to anything as soon as the pop up. Private mode users are being trolled for opting for privacy with this regulation.
It is unfair if a bridge loan is involved. If the preferred stakeholders have the chance they will remove the commons from the equation. In the end both sides take a risk with their shares and it is usually more meaningful to people with little money.
In the example, the common shareholders didn't make a profit because the company didn't make a profit. Ignoring the bridge loan for a moment, after all their expenses, the company just managed to make back what was put in.
The hypothetical bridge loan in this case did earn a profit, but it was a high risk loan. The company was going to be insolvent in 60 days and they hadn't yet found a buyer. The lenders got a multiplier because they risked losing their $10 million loan.
This bridge loan certainly could have been unfair, depending on whether the riskiness was worth the multiplier (for instance, if the company took a loan with 100x multiplier, it would clearly be abusive). If that were the case, the minority shareholders could sue and would win.
"You don't have to use it" is a very common statement when a part of the userbase battles feature creep, complexity or just bad decisions. And it is always a lie. Most projects are driven by collectives or passed to new maintainers, which naturally takes this choice away from you. Optional is never optional.
The linked RIIR post pretty much described 2016 the behaviour of people shown in this thread. It is hilarious that seeing the arguing for RIIR in this context.
Rewriting in some language is a matter of skill and preference. To even consider a rewrite there should be a rational reason, i.e. it is broken or can't work in the ecosystem.
For fun and learning you can do what you want, of course.
Side question: how interesting and flexible is algolia as a replacement of a custom solr setup? I don't like the HN search and never heard that it is in use for larger data sets.
You should give it a try; Algolia has a FREE tier you can play with. You can also watch this 45sec video to get a grasp of it: https://youtu.be/IYY5RM1sBC0
