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Stats: 1,642,819 members, 3,050,377 topics. Date: Sunday, 28 August 2016 at 06:08 AM
|Car Talk / Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by Wallie(m): 5:57pm On Aug 24|
Are you then suggesting that the country should have no boarder? Otherwise, why have a border that cannot be secured?
I do not doubt the complexity of securing the border but it is the government's job to secure it as much as possible or, at the very least, make it very hard for smugglers.
|Car Talk / Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by Wallie(m): 5:52pm On Aug 20|
Bad idea! The real solution should be tightening of the border!
Reducing tariffs means that more people will import vehicles instead of patronizing Nigerian made or Nigerian assembled vehicles like Innoson, Nissan, etc.
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|Nairaland / General / Re: . by Wallie(m): 11:35pm On Aug 08|
I think the fallacy in your thinking is that everything else would stay the same when you become very wealthy. That's rarely true unless you're very lucky and got rich off a single deal. If you had to accumulate wealth, you're constantly working, monitoring your investments, and/or seeking out new investments.
Here's a few recent examples in Nigeria that should get you thinking:
1) Dollars officially got devalued, which means that all those people with billions of Naira in the stock exchange just got half of their money wiped out over night! How much do you think Dangote is now worth? I'm sure you would still say a lot but keep in mind that he's able to get loans based on the value of his properties which are now worth half.
2) All those people with bureau de change just got their investments and income turned to zero overnight!
3) All the "investors" that invested in the election thinking that GEJ would return and they'd be rewarded with contracts are now screening their incoming phone calls.
4) All those people that borrowed foreign loans for business now owe x 1.5.
My point is that being rich is great but it comes with its own unique headache. All the stuff you can buy is great but if you've been rich for a while, you'd rarely feel the same level exicitment you felt when you made your first major purchase as a broke guy.
Having said all that, I would certainly rather be rich than poor! Having to worry about whether my Rolex needs servicing is a whole lot better than worrying about where my next meal is coming from.
|Nairaland / General / Re: . by Wallie(m): 10:31pm On Aug 08|
Jack, how old are you? I'm going to guess that you're still fairly young and up-and-coming with regard to wealth.
Everything you said does not mimick the real world. That's the seemingly rational thing to think when you're still trying to make ends meet.
Once you have your basic necessities in life covered, your happiness or sadness has nothing to do with money. Actually, you're more stressed when you have money because you're preoccupied about losing it. When you own a business, you're worried about making payroll because families depend on you. You're worried about making payments to banks for the money you borrowed to invest in that new facility that's months behind schedule. Payments are due but you've not yet made a penny. Family wahala is making your phone ring off the hook. Investments are not panning out as planned.
Also, generally speaking, your responsibilities increase the more money you earn. I'm not saying that being broke is better because it's not. But being rich comes with a lot of headache keeps you up at night when everyone else is sleeping.
When you're very rich, you will have very few real friends because it will seem people want you for what you can offer. Everyone will seem to have a business proposal or two and want you to invest or loan them money.
Real happiness comes when you find your true life partner that you don't have to worry about, family love, and good health. Money is just a great icing on the cake but you can be happy without it.
|Nairaland / General / Re: . by Wallie(m): 9:42pm On Aug 08|
Not even close! Money is only important when you don't have it. It is true that money buys you things but all that will fade in a very short while. You can be the richest person on earth and still be extremely miserable. No matter how rich you are, money cannot buy love or health!
What good is money if you cannot get out of bed and in constant pain? Even common back pain could make you extremely miserable with your fleet of 20 cars, an airplane, a trophy wife, and a 20,000 sq mansion! By the way, how are you going to satisfy your young and beautiful trophy wife in bed with a bad back and high blood pressure?
Being content is what breads happiness.
|Politics / Re: Photo Speak: Aisha Buhari Visited Qatar Not USA- Pics by Wallie(m): 8:55pm On Aug 08|
Don't want to get between whatever is going on between you guys but you're posting pictures of the ticketing counter (departure lounge). That's where you line up to buy your ticket and check in your luggage.
The picture of her was taken at the IAD arrival gate.
|Romance / Re: Girl Is Looking For A Nigerian Husband With Salary Range: £70-100k by Wallie(m): 9:05pm On Jul 14|
I guess I missed it! However, since the figures were quoting pounds sterling, I think it's clear that she was not talking about Nigeria but a country where pounds is spent.
|Romance / Re: Girl Is Looking For A Nigerian Husband With Salary Range: £70-100k by Wallie(m): 8:35pm On Jul 14|
Salaries do not always come monthly. Low end wages typically pay weekly or daily but high end wages pay bi-weekly or monthly. I've been paid weekly, monthly, and bi-weekly at one time or another.
She definitely meant yearly when she specified 100k pounds because most westerners talk about yearly salaries or hourly wages. Nobody talks about monthly salary because it is hard to relate to.
|Education / Re: Eight Ways To Improve Your Writing Skills by Wallie(m): 7:11pm On Jul 14|
OP, I hope you won't take this as an insult because we all could write better!
Your advice would be more effective if you took time to proofread what you wrote. Try looking up run-on sentences and comma splices. Your grammar is fine but your punctuation needs work.
With writing, you get better the more you write and get meaningful feedback. The feedback could be as simple as the recipient complaining about not fully understanding your point.
|Romance / Re: Girl Is Looking For A Nigerian Husband With Salary Range: £70-100k by Wallie(m): 4:37pm On Jul 14|
Her demands are not outrageous but why her? Does she earn an equal amount? Does she look like Halle Berry in addition to being a good respectable lady that will complement me? Can she open her mouth in public without me being embarrassed? Exactly what is she bringing to the table?
She needs to understand that people earning above that income have options. You only knowingly marry a gold digger that has an exceptional quality or two. She better be a whole lot more than average!
|Programming / Re: Categories Of Programmers (by Areas Of Expertise) by Wallie(m): 4:45pm On Jul 13|
This is the very point I was trying to make! Jobs strictly dealing with algorithm development are far and few between but they do exist. There are a lot of instances where generic libraries will be insufficient to do what you want. In those instances, you will need someone with core knowledge and/or ability to dissect the needed algorithm.
Here's another anecdote: I worked on an invention where the guy modified a Merkle Hash Tree to reduce the number of computations needed when athenticating digital signatures. The original Merkle Tree was invented in 1979 and here we are in 2016 with an improvement. It took an inordinate amount of time to figure out what the hell was going on!
Algorithms are continually being improved because we are trying to do more with less and, even though processors are now more powerful than ever, manufacturers are trying to extend the usable time of the batteries in our mobile devices. Every single native function in your smartphone is being optimized. No matter how good a function like GPS is, nobody will want it if it kills your fully charged phone in 30 mins.
|Programming / Re: Categories Of Programmers (by Areas Of Expertise) by Wallie(m): 12:11pm On Jul 13|
Let me give it one last try: I don't mean to suggest that algorithm developers do not know how to code. I'm only trying to say that "coding" is a tool that is used to implement the developed algorithm. Their expertise primarily lies in whatever subject matter that they're trying to develop an algorithm for.
Further, that's not to say that some programmers do not know how to develop some algorithms, especially, textbook based ones. I'm only suggesting that different skill sets are usually needed. Algorithm development is more theoretical because you're trying to find the best solution (algorithm) to a problem.
Here's another everyday example: students write papers using Microsoft Word but that does not necessarily mean that they're typing experts (typists) or even that proficient using Word. Word is just a tool that they use to get their paper across. The very subject of the paper may be where their expertise lies.
|Programming / Re: Categories Of Programmers (by Areas Of Expertise) by Wallie(m): 12:24am On Jul 13|
Here's another example: I'm trying to develop a machine learning algorithm that can be used to predict prices of items based on past prices. You can think of it as being able to predict future stock values based on past values.
This has almost nothing to do with programming per se except it will need to be coded in some language ultimately.
Here's some Python code implementing something similar http://www.analyticsvidhya.com/blog/2015/08/common-machine-learning-algorithms/
|Programming / Re: Categories Of Programmers (by Areas Of Expertise) by Wallie(m): 12:18am On Jul 13|
Writing code is easy, which is why you have the phrase "code monkey." Writing code just means that you understand the syntax.
I'm not saying that an algorithm developer will be completely clueless when it comes to writing but most of their writing is done in Matlab or Mathematica because it's way easier to debug and see the results without having to worry about a compile error.
To answer your question, the engineers and the brainiacs develop the algorithm in the form of pseudocode and a "code monkey" translates it into whatever desired language. A typical code monkey will have a computer science background and they'd understand very little about the intricacies of the algorithm. For example, how many programmers understand this topic:
I'll give you more examples when I get on a desktop.
|Programming / Re: Categories Of Programmers (by Areas Of Expertise) by Wallie(m): 11:05pm On Jul 12|
Maybe I missed your point referencing the guy's definition but it's irrelevant because I was only responding to your question about programming without understanding algorithms.
Engineers and computer scientists with a heavy math background develop algorithms. That's not necessarily true for being a programmer. It does not even have to be something complicated but it has to be efficient. Google search, in its simplest form, uses a simple ranking algorithm. Digital signal processing is another thing tha comes to mind.
I cannot program a simple html website because I have no interest in it but, in my past life, I wrote digital signal processing codes in Matlab and C to embed in VxWorks.
|Programming / Re: Categories Of Programmers (by Areas Of Expertise) by Wallie(m): 10:39pm On Jul 12|
The list is incomplete but you're not necessarily correct also. A lot of math majors are hired to implement and/or develop algorithms. For example, the gps in the phone you're using relies on a lot of math to get you from point A to point B. Algorithm developers will typically develop an algorithm in a simple language like Matlab before someone else translates it into a compiled code (firmware).
Think of all the myriad of technologies involved in 3G/4G cell towers. How does the cell tower know when and how to hand off your phone call to the next closest cell tower as you drive around the city? Heavy math is involved (multidimensional matrices). That's all algorithms.
The article appears to be directed to web technologies and not other types of programming. Even then, I would have probably categorized programmers as falling into a frontend and/or backend developer.
|Career / Re: Masters Or Stay On Job? by Wallie(m): 4:46pm On May 03|
Masters in what? This is the million dollar question!
If it is STEM related, I'll say you should give it a try. It is always best to get your studies out of the way after several years of experience.
Generally, Canada is a good country and somewhat educated immigrant friendly. Plus, you have the option of crossing over into the US if you desire more income but faster paced environment.
|Politics / Re: IMF Wants Buhari To Change His Forex Policy by Wallie(m): 6:12pm On Apr 15|
To those that do not really understand why the IMF is not necessarily looking out for our best interest, see the paragraph below:
They would rather have us devalue the Naira so that people can suffer instead of stopping some foreign imports that will affect their darling countries. NO.
Even if we end up devaluing the Naira we still need to proceed with stopping some imports!
|Career / Re: What Were Your Childhood Dreams And Have You Lived Up To Them? by Wallie(m): 6:07pm On Mar 31|
Career 1: Electrical engineering - my first love! Started out as an electrical engineer and rose through the ranks but I got bored when technical solutions became somewhat repetitive.
Career 2: Law - I enrolled in law school and graduated to practice the type of law that allowed me to use my technical knowledge. I practice law in a firm but I'm getting bored again.
Next career: Entrepreneurship. Still working on it while I practice. Everything I do will rely on knowledge from my past careers, especially, electrical engineering.
I've been lucky enough to have two very successful careers by any measure. Carreers that people will die for. Unfortunately, I have this insatiable drive that keeps a fire burning inside me to play my hand to the fullest. I pray and hope that if and when I fully cross over into my 3rd career, I become more successful than both past careers combined!
So I not only have childhood dreams, I still have dreams as an adult.
|Business / Re: Jennifer Obayuwana's Breguet Wrist Watch by Wallie(m): 7:59pm On Mar 23|
1. A turbo starts at $160k and you'll need about $20-$50k in options. At $160k, you'll probably find a 5 year old Hyundai with more options.
2. If the watch is truly that expensive, why buy a watch that you'll have a difficult time selling at a 50% loss due to lack of demand? Buy something that's worth collecting if you're into expensive watches.
On the other hand, maybe watches is her thing! Who's to say $160k VW beetle (911 turbo) with no options is not overpriced? Na her money. If she likes, she can go buy land for moon. That's her prerogative.
The truth is, most wealthy people accumulate or spend on frivolous things!
|Career / Re: What Were Your Childhood Dreams And Have You Lived Up To Them? by Wallie(m): 8:22pm On Mar 15|
Stop ke? I dey enjoy your explanation! How does OFDMA work and how is it different from HSPA+?
|Career / Re: What Were Your Childhood Dreams And Have You Lived Up To Them? by Wallie(m): 7:19pm On Mar 15|
So what is done in 4G to make it faster than 3G?
|Politics / Re: American Wahala: Oya Come Show Your Naija Sense Here by Wallie(m): 7:57pm On Mar 11|
I think your situation will determine if it is a good move!
1. Are you married? It will be very difficult finding a partner in the middle of nowhere.
2. Lifestyle - outdoors vs city life.
3. How stable is the job? If you lose that job, forget getting another remotely similar one in that area. You will probably have to move.
4. Rental market - how strong is the rental market? If strong, you can always turn it into a rental property. On the other hand, $100k is not a lot of money if you’re already making that much in income.
5. Kids - pros and cons of growing up in the middle of nowhere.
6. Tolerance – people far away from metropolitan areas tend to be less tolerant of anything that’s different from what they know.
Bottom line - there's a reason why houses cost so little over there and it revolves around jobs! If I were in your shoes and want to move, I'll be buying a property no less than 10 acres and also explore building from scratch. With that amount of land, you could get lucky if and when society encroaches on that area. :-) But 2 hours to get to a major city? Damn! What if some type of natural disaster occurs?
|Health / Re: USA Reduces Aid To 1.9m Nigerians Living With HIV Over Gay Support by Wallie(m): 8:05pm On Feb 26|
Where are those that claim HIV is no longer a bad thing? The best situation you can be in is to protect yourself from catching it in the first place! Use protection!
Anyway, I think this may be the impetus needed for a Nigerian pharmaceutical company to make a generic version of the drugs HIV patients need. I believe South Africa did the same thing a while ago. Look on the bright side, if we are able to manufacture the generic drugs, we may be able to export it to other African countries! Win-win!
|Business / Re: Myths About Naira Devaluation - Nonso Obikili by Wallie(m): 8:38pm On Feb 16|
And where do you get the machinery, seed, raw materials, clothing you need to survive? Take a look around you, you'd be hard pressed to name two things that are wholly manufactured in Nigeria.
|Business / Re: Myths About Naira Devaluation - Nonso Obikili by Wallie(m): 8:28pm On Feb 16|
This is just half the story! South Korea weakened their currency to make their goods cheaper abroad. Same with other East Asian countries! Can you imagine if South Korea has a really strong currency? That may mean that Samsung Galaxy will be more expensive than an iPhone and Kia will be more expensive than a Mercedes Benz. When you don’t make anything, you want a stronger currency as evidenced by Kuwait, Bahrain, Pounds, etc. A stronger currency means cheaper imports.
Maybe not in those countries but it will in Nigeria because we import everything.
You know what they say about statistics.... To get a meaningful comparison with Nigeria, I would think you'd want to look at countries with similar trade deficits and not import to GDP ratio.
|Family / Re: Dear Mothers, Stop Bleaching Your Baby's Skin. by Wallie(m): 4:54pm On Feb 16|
Sooner or later when health challenges come knocking they will start blaming some unseen forces! Here's a link to a paper that analyzed the following skin whitening (bleaching) creams:
Fair and white
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|Crime / Re: Nigerian Couple In Texas Face Slavery And Assault Charges, Faces Upto 60 Years by Wallie(m): 7:23pm On Feb 10|
Here's the actual criminal complaint filed against the employers. It contains all the facts, albeit, from the plaintiff's point of view. The Nsobundos still have to mount a defense.
|Crime / Re: Nigerian Couple In Texas Face Slavery And Assault Charges, Faces Upto 60 Years by Wallie(m): 3:39pm On Feb 10|
My guy, no try am o!
You cannot enter into a contract deemed illegal even if the other party is willing. The contract is void ab initio.
|Crime / Re: Nigerian Couple In Texas Face Slavery And Assault Charges, Faces Upto 60 Years by Wallie(m): 3:22pm On Feb 10|
I actually believe the story. An agreement was probably reached but the nanny was definitely cheated because the employers were probably looking for awoof! The employers didn't want to pay the going rate for a nanny and figured they could get a Nigerian in Nigeria cheaply. That in itself is not a bad idea but when you start mistreating her and not even paying her a fraction of the ongoing rate, they deserve the football numbers coming their way! They are going to jail for a very long time! I only pity the innocent kids now left without a mother and father.
A licensed daycare for ONE child under two is about $250- $475 per WEEK! A live-in nanny charges about $15-$18 per hour. I can't even begin to think the cost of watching over five kids. The very least they could do is give her about $1000 a month for working 8 hours per day.
I interviewed a nanny and her mother once. The girl was about 26 and in school, and the mother, a 76 year old, recently lost her husband and stated working as a nanny to keep busy. The stories they told me about how a Nigerian couple treated the mother when she worked as a live-in nanny was crazy! I didn't hire them because it was cheaper for me to use a licensed daycare plus I don't have to worry about a stranger living in my house.
By the way, the employers probably didn't want her to use the hot water because she takes too long in the shower and/or the hot water is done by the time they want to take a shower. When you have 8 people in a house, it is not too difficult to imagine that hot water and food will run out very quickly.
By the way, why are Nigerians not becoming au pairs? http://www.aupairinamerica.com/fees/ You can make easy money for 1 year watching kids.
|Phones / Re: How To Watch Videos And Surf The Web Without Using A Lot Of Data by Wallie(m): 10:00pm On Feb 09|
That's one solution to it but what if you want to "eat your cake and have it too"? In other words, with limited data, increase quality of the images and extend usage of your MB? I guess time will tell whether it is possible.
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