Likely only a shameful % of the company will float.

Expect a Facebook-style stock offering with 90% of the voting power in a special share class not available to retail.

The product is a minimum of 25% cocoa solids and the oils are listed after that on the ingredients list, which means by weight they are more cocoa than oil.

Sarcasm woosh.

Not in the US they aren't, since they're made by Hershey and not Nestle and so are a completely different product.

I had a coworker who would fly to SE Asia a few times a year, he'd always bring back a small suitcase of insane KitKat flavors from Tokyo airport (or nearby). One time he had a bunch of varieties of green tea KitKats, never seen anything close to that in the US.

Cadbury have TimeOut but it's not quite the same. (It's lighter, less chocolate and less dense)

Clearly intended to be the direct competitor though, since "Have a break, have a KitKat" is the KitKat slogan, and timeout is also a break.

https://www.tesco.com/groceries/en-GB/products/316651552

My manager is a good developer. But he's also a terrible manager.

I have very much seen that too!

Labels like "adult", and "successful" etc are all for other peoples benefit rather than our own. It's all a facade.

I'd probably measure maturity in terms of how one navigates relationships.

When it comes to my partner, being vulnerable, knowing when it's ok to share that I don't feel like an adult, that i'm scared or lack confidence, and when to put on a strong front and say it's all going to be ok, to make her feel safe, is the essence of what I consider to be a "grown ass man".

But we're also planning a trip to the Lego House, Denmark together and we don't have kids. So there's that.

There's something about the responsibility of raising a child that differentiates adults, and I don't think there's an analog to that experience.

Personally, the older I get the more `adult` just means you have an empathetic understanding of causality.

Do you have any evidence that they’re subsidizing US customers? It’s possible the fees are higher in the UK due to it being more expensive to operate the funds.

Most of their funds are incorporated in Ireland (the UK doesn't have native ETFs, they're all European but can be listed on the LSE)

Investors in the UK are not partners in Vanguards mutual structure, and Vanguards UK platform ("Vanguard Investor") is not run by Vanguard but by a third party (FNZ, a New Zealand fintech).

OCF for VT, a global equity index ETF in the US, is 0.06%

UK equivalent (the Global All Cap Index Fund, or perhaps the VWRP All World ETF) is 0.23% and 0.19% respectively, and the latter excludes small caps and both have fewer holdings than VT

Invesco's All World ETF in the UK, tracking the same index is 0.15% and HSBC have an index fund tracking the same index also at 0.13%

Vanguard UK have a 0.15% platform fee whereas the best UK alternatives are completely free.

Vanguard UK recently introduced a minimum nominal platform fee on top which screwed over small investors.

Vanguard are no longer cheap and not on our side.

Thanks. Are you sure the cost of the fund is higher because it’s a fund and not an ETF like VT? The platform fee seems strange, but I wonder if other companies collect that fee somewhere else?

There are no practical differences between funds and ETFs in the UK, except the fact that the latter are live quoted.

Mutual funds are cheap and have no tax disadvantages for us. In fact, outside of tax sheltered accounts, mutual funds are a lot easier to manage for tax purposes.

No, Vanguard just think it's fine to charge us 4x as much

VWRP, which I mentioned, is also an ETF

Very interesting. Thanks for the information!

Damn, what?! I didn't know the UK rates were higher. But yeah the old Vanguard brand that Bogle built is strong.

Simple solution is to not invest in funds that track NASDAQ indices.

There are plenty of other funds out there that track other indices from other providers.

Diversifying away from NASDAQ-tracking index as a component of my investments will be extremely tax costly. Maybe more costly than the gavage (as the NASDAQ/SpaceX folks seem to be betting).

And most people won't even be informed that this is happening.

Large markets need to be run in the public interest...

This is not a simple solution if one purchased QQQ a decade or two ago.

>= 60 apparently.

> Your company isn’t paying you to solve puzzles.

Actually they are, but it's also true that you need to put solutions in to production.

No your company is very much paying you to put things in production. Thats all they care about

No the company wants its problems to be solved and needs to be addressed.

When things are put to production as soon as possible without respect to quality, we see what's happening all the time.

Bloat, performance problems, angry customers, Windows 11...

You get the idea.

The reason your login is taking 45 seconds and your database is locking up with 10 concurrent users isn’t because developers didn’t write good code following the correct GOF pattern.

If companies cared about bloat and performance you wouldn’t see web apps with dozens of dependencies, cross platform mobile apps and Electron apps.

Putting solutions in to production. Not "things". Honestly I'm sick of dogshit companies wanting something done yesterday but are happy to spend the next 2 years having engineers debug the consequences.

I've just written the fifth from-scratch version of a component at work. The requirements have never changed (it's a client library for a proprietary server, which has barely ever changed). I'm the 5th developer at the company to write a version of it.

All because nobody gave engineers the breathing room to factor the solution in to well thought out, testable, reusable components. Every version before is a spaghetti soup of code, mixing up unrelated functionality in to a handful of files.

No well thought out interfaces. No automated end-to-end testing, and no automated regression testing. The whole thing is dire and no managers give a fuck.

AI cannot solve for a lack of engineering culture. It can however produce trash faster than ever at these toxic shops.

And this has nothing to do with AI like you said. On another project my vibe coded API that I designed I also didn’t look at a line of code besides the shell script I had Claude create to do the integration tests with curl.

On the other hand, AI doesn’t care about sloppy code. I haven’t done any serious web development since 2002, yet I created two decently featureful internal websites without looking at a line of code authenticated with Amazon Cognito. I doubt for the lifetime of this app, anyone will ever look at a line of code and make any changes using AI.