The Titanic fanously sank on its maiden voyage, so that’s a little different. The Titan submersible was successful for hundreds of dives before the implosion, which I’m sure gave the team a false sense of security and ultimately led them to ignore all the red flags.
In what context?
In the insurance world, you sometimes see the phrase “L+ALAE Ratio” to refer to the ratio of (losses + expenses) divided by premium. It’s a way to measure profitability for a book of insurance business: how many dollars of loss and expense do you have to pay per dollar of premium earned? Lower is better, and you don’t want that ratio too much higher than 100%, because that means premiums aren’t high enough to cover losses (though investment income can sustain small underwriting losses).
I could see “L+” used as shorthand for “L+ALAE” or “L+ALAE+ULAE,” though admittedly, I’ve never seen that specific shorthand used.
Doubt it. It’s just dumb low effort posting over here trying to force inside jokes on Lemmy. I blocked all of that sort of stuff back in the day on Reddit, and I blocked it here too.
I agree, though hopefully this will pass with time as people default to Lemmy rather than Reddit for their downtime. That said, when the Titan submersible craft story broke a week or two ago, there was decent discussion on here. For the most part, comment threads are a ghost town aside from threads bitching about Reddit, but there are occasional exceptions to the rule that should become more common as people get adjusted here.
It might feel like forever in internet time, but it’s only been two and a half weeks since the thing imploded and two weeks since the rescue operation was called off after finding debris from the Titan. Two weeks is lightning fast for a company to formally shut down in response to something like this, especially when you consider that the company’s employees have been grieving the death of their CEO/friend during all of this.