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Isn't the point of inexperienced people that you can pay them less? That's the answer to your question.


Hmmm, what if there's enough competition that experienced people are willing to work at the same entry-level wages as fresh college grads?


If there was enough competition that experienced people were willing to work then at the same rate as college grads now, then college grads then would be even cheaper.


What seems objectionable to me, is that in order for Vlad to find people that are "cool" he's wasting everyone else's time.

This isn't exactly the same as if I give people a test on their ability. It's different. In here you pass if you did something that scores well in a metric that you're not told about. It's not very different than if I gave you a take home assignment which is just literally "code something - you have to be good at ambiguity!" Joking, you just have to guess the thing I had in mind. It's very inconsiderate to people, and doesn't tell me anything good about this Vlad person.


I think it's very reasonable to expect that there should be better communication here about this actually being a combination culture-fit-and-coding assessment. But I don't actually think it's fair to say that nobody is told about the metric. It's pretty clear to me. I think a lot of other people here also understood it (which makes sense, because they're all Hacker News brained). I agree that this sucks if you don't "get" it but I'm not entirely sure if there is a good way to convey this. Maybe they shouldn't be looking for this at all but that's a separate discussion.


> In terms of investments, virtually nothing, over time, outpaces an index fund.

Stopped reading here, waste of time.


Or a librarian named Mr Bookman.


> Neoliberalism is contemporarily used to refer to market-oriented reform policies such as "eliminating price controls, deregulating capital markets, lowering trade barriers" and reducing, especially through privatization and austerity, state influence in the economy.

Wanna share what the connection is between this article, and neoliberalism?


> nerd out about startups

I'm not building anything, but I'm happy to "nerd out" about startups. Will you meet me?


> they promoted the myth that ISA has no impact on performance

Could you clarify? What is "ISA", and why do you think it would have an impact on performance?


Does it feel to anyone else that the article ends abruptly? We're left in 2013 or so. What happened?


> The fact the she's a convicted fraudster does not mean that she's not an expert in the field.

Indeed it doesn't. Could you please provide evidence that she is an expert? Running a fraudulent company doesn't count.


What are you saying, that the shithole countries which have the highest birth rates have the most optimistic people? Do you not understand the desperate circumstances under which a couple can have 10 kids?

Children are a sign of optimism in a poetic sense only. It doesn't affect how many children are actually born.


It certainly does when people have access to birth control, which they generally don’t in “shithole countries”.


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