• 14 Posts
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Joined 3 years ago
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Cake day: June 16th, 2023

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  • I think if you unpack the international and you’re in index you’re going to find yourself still heavily invested in AI (TSMC for instance).

    I don’t have the option in my 401K to choose to invest in sectors. My only real options when it comes to equities are for instance, large cap vs mid cap. Mid-cap would exclude nVidia but I bet it’ll just end put putting me in even trashier AI stocks. As the bubble has heated up I’ve slowly been moving my retirement out of equities because there’s no real way for me to select “non-AI equities.” I’m down to about 20% equities now, down from 80% before I started messing with it.


  • One really goofy part is you don’t have to prove as an employer that you can’t find a domestic worker to apply for an H1-B. You do have to “prove” you can’t find a domestic worker to convert an H1-B to a green card.

    Like, under the law technically you have to fire your H1-B worker and replace him with a citizen, and only if you can’t find a citizen can you convert him to green card.

    This is kinda bonkers and leads to all the fake job postings with weirdly specific requirements. They basically take their worker who has already probably been working at the company for 6 years and copy-and-paste his resume in the job description, then fake advertise the role, to “prove” they can’t find anyone, because if they do find someone that means they have to fire the person instead of getting him a green card.

    It makes far more sense to make a company prove they can’t hire a citizen before allowing them to hire a foreign worker, rather than allowing them to hire but then making them go through a kabuki theater fake recruiting process to convert the person’s status.