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this is paywalled pretty hard. the chrome incognito "trick" doesn't work for WSJ. can somebody please post the story?


I would have been OK with We buying Meetup if they offered their space for meetups ... but alas ... they did literally nothing and likely we'll see that the product was killed in the end.


Meetup.com does let organisers book WeWork spaces. Free.


Yeah, they kept hassling me for months trying to get me to use 4-8 people spaces for our meetups which have 60-80 people.


I'm showing double the amount of hosted zones in Route 53. Kind of odd


they're about to get a LOT more ...


if you could get your hands on the stock, which would have been fairly unlikely.


You can create a synthetic short with options, no need to borrow any stock at all.


With so many people wanting to bet against it though, those put options would end up mighty expensive.


That’s the whole point. Shorting at the right time is similar to buying puts while still compatible with your model.


Not only do you have to pick the right price direction, you have to pick the right timing and have it exceed the markets overall expectation. Even with a short of shares you have to manage to find a lender and beat the cost to borrow them.


...so short CRE REITs, am i right?


I don't advocate active trading unless you have substantial non public information, and I don't think this meets my non-public criterion


Stay out of REITs anyway; once they have your money they essentially never have to give it back. I can't imagine how something so illiquid could be shorted in the first place.


Aren't REIT mutual funds the most likely vehicle for a retail investor to invest in REITs?


makes sense. Amazon has built out their network pretty well.


Are hotels somehow immune to hidden cameras?


Of course not, but:

- Hotel rooms are more uniform (and just have less stuff) so a camera is easier to identify or harder to hide.

- Hotel rooms are visited not just by many guests but by many staff. If you place a camera you are sort of rolling the dice that no one that works in the hotel (and for example, cleans dozens of nearly identical rooms every day) is going to notice or won't care if they do notice.

- Hotels usually have management that cares about their reputation and hence would take direct and indirect measures to prevent someone from placing a camera in one of the rooms (e.g., scrutiny when hiring, limiting access to rooms, acting swiftly and severely when anything like this happens). (AirBnB does not seem to be interested in this sort of policing in particular.)

- Many hotels are part of a large chain, which does everything that individual managers do but on a larger and more systematic scale.

- It is almost certainly a crime to place an undisclosed camera in a hotel room (while inside someone's AirBnB it may be more of a gray area). This is both a deterrent and (by removing such people from the employee pool) a mitigation strategy.

- Beyond being a crime, hotel management and hotel chains are probably subject to lawsuits in the event one of their employees (or an outsider for that matter) successfully plants a camera in one of their rooms. This is also a deterrent and mitigation strategy.

I don't really have anything against AirBnB (in moderation) but I do think it is reasonable to assert that an AirBnB room is more likely to contain hidden cameras than the typical reputable hotel room.


Global pay ... in the US, if you earn minimum wage, you're in the top 1%.


> in the US, if you earn minimum wage, you're in the top 1%.

The US has well over 1% of the global workforce, so it's mathematically impossible for the lowest paid US worker to be in the top 1% of wages and the least wealthy full time US worker to be in the top 1% of wealth.


Actually, you need around $34K a year to be in the top 1% globally.


this is so wholesome.


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