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patio11's profile
Patrick McKenzie
Patrick McKenzie
Patrick McKenzie
@patio11

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Patrick McKenzie

@patio11

I work for the Internet, at @stripe, mostly on accelerating startups. Opinions here are my own.

東京都 Tokyo
kalzumeus.com
Joined February 2009

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    1. Patrick McKenzie‏ @patio11 Feb 2
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      I like this social proof (from M1 Finance, a discount brokerage) that the promotion they are emailing about frequently has seen good uptake from other users:pic.twitter.com/8rZkTo5x6v

      6 replies 1 retweet 40 likes
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    2. Patrick McKenzie‏ @patio11 Feb 2
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      It both should make people marginally more likely to interact with the promotion and should decrease the rate of karma burned with non-interested users, since you do the calculation "OK, you think this is actually plausibly in my interest since I can see people like it."

      1 reply 0 retweets 9 likes
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    3. Patrick McKenzie‏ @patio11 Feb 2
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      "How are they as a brokerage?" My favorite discount brokerage, largely because they abstract away orders from the user. (You put in your desired allocations and they Figure It Out.) My financial situation is complicated so I will probably not use them for more than funny money.

      2 replies 1 retweet 19 likes
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      Patrick McKenzie‏ @patio11 Feb 2
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      "Complicated how?" Major curve ball thrown at essentially all financial institutions: "How comfortable are you with someone who is a US citizen but lives in Japan, with tax obligations in both countries, who is keenly sensitive to your exchange rate and margin rates?"

      6:38 PM - 2 Feb 2020
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      • John Lee Thijs Niks number 1 dad jazz fan Visakan Veerasamy ira Jeff Atwood warning: tweets unrelated to news Jacob Moore Joe The Rigolo
      1 reply 1 retweet 20 likes
        1. Patrick McKenzie‏ @patio11 Feb 2
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          If your situation is also complicated I think the best current option is Interactive Brokers, which is simultaneously wonderful, but it is definitely the C of discount brokerages. "If you shoot your own foot off, that's on you. You knew what you were getting into."

          2 replies 2 retweets 31 likes
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