bsdpython

5 ms·

91.
by bsdpython 12y ago
See my other answer here but basically I see all of these things as the same: find a trend, abstract it with algorithms/risk models, exploit that trend and then walk away when the trend inevitably breaks.
92.
by bsdpython 12y ago
Replace "stock market" with "MBS/CDO type derivatives" and "computer trading algorithms" with "risk models" and you will see the similarities. I probably should have been more clear but the idea
93.
by bsdpython 12y ago
"The biggest gains came at funds that practiced a "trend following" strategy. Those managers—who use computer models to bet on price movements in either direction and often perform best when clear patterns emerge over several
94.
by bsdpython 12y ago
Discussing almost anything highly technical over the phone is usually a disaster. When's the last time you solved a production problem without reference materials over the phone? Sounds hard right? Whiteboards are a crap shoot - we can
95.
by bsdpython 12y ago
Nonsense. You are coming up with excuses for your own lot in life. Many people were given even better opportunities than Gates and had limited success. The guy is a genius, took huge risks, worked hard and had good fortune.
96.
by bsdpython 12y ago
Moore first made his claim in 1965. Assuming we have at least 5 more years wringing out efficiencies with the move to 10nm that's 55 years of continuous innovation. It's mind boggling. Maybe there will be a gap until the next majo
97.
by bsdpython 12y ago
I was told early in my career that I could use to ask for help more often. I think that was actually good advice for me since the other team members all had 10+ years experience so I obviously didn't know everything at 23. To each his
98.
by bsdpython 12y ago
I would say Microsoft has more in common with 1990 IBM i.e. huge entrenched profitable companies that missed the biggest shift in technology in the previous decade that they should have dominated (IBM: PCs, Microsoft: mobile). I still don&#
99.
by bsdpython 12y ago
"Market segmentation by introducing lower-cost models is nothing new." That's not how Apple became the most profitable company in the world. The first thing Jobs did when he returned to Apple was cut out all of the excess pro
100.
by bsdpython 12y ago
I didn't say they only design the shell for everything - the shell was the only change for the iPhone 5C so for that particular product that is all they did. It's not even about how technical the design team is, it's that the
101.
by bsdpython 12y ago
As a software developer I am of course biased but I feel like Ive wielding so much control without a strong technical counterpart is a mistake. The first evidence of this in my mind was the iPhone 5C - a cute shell around 1 year old technol
102.
by bsdpython 12y ago
It's interesting to examine which historical figures have been remembered and which have been forgotten. Money is part of it but not the full story. Political leaders during times of chaos are remembered. Artists are remembered, many o
103.
by bsdpython 12y ago
We've mostly forgotten the people that created modern computing unless they've made a billion dollars
104.
by bsdpython 12y ago
In response to some of the comments here regarding graduate students being taken advantage of...I don't get it. I fully understand an undergrad paying a lot of money for a degree with a course of study that will not allow them to find
105.
by bsdpython 12y ago
Keep it simple stupid and focus on the end product - that's all you really need to know
106.
by bsdpython 12y ago
Amazon in the late 90s maybe...that's why I said elsewhere that the whole thing just stinks of something that came out of that era.
107.
by bsdpython 12y ago
Once you've raised significant VC funding they expect you to target $1B+. You basically can't slow down once you've stepped on that treadmill.
108.
by bsdpython 12y ago
I thought raising so much money so fast, hiring so many people so fast and burning money so fast died out in 1999. I guess I'm surprised that investors didn't demand a more airtight and proven business model before investing post
109.
by bsdpython 12y ago
Because you only have so much time and you are better off spending time with people that are more likely to still be in your life in 10 years? I'm not sure I understand what you mean if that's not what you were getting at.
110.
by bsdpython 12y ago
As you get into your late 20s and early 30s most people are looking to get married if they haven't already. At that point social life is going to mostly turn into family, wife, kids and work related friends. I'm 32 and recently ma
111.
by bsdpython 12y ago
It starts with what you know. How much programming experience do you have? What front and back end technologies do you know? What operating systems? Have you built a dedicated server? Have you worked with cloud services? Is this just for yo
112.
by bsdpython 12y ago
I love this answer. I find technologists can often be complete snobs about their particular niche of expertise. Math, computer science, computer engineering and software engineering are each way too big for anyone to be a true expert in any
113.
by bsdpython 12y ago
I've seen it done on a regular basis at a large financial institution. Like, so often that almost half the fields had a different meaning now or have dual purpose on some old systems.
114.
by bsdpython 12y ago
"I find this pretty surprising in the finance sector.." ...not to anyone who has worked in financial software
115.
by bsdpython 12y ago
The technology itself is probably not that difficult to build. The difficulty is launching a robust two sided marketplace. Now that there are already existing two sided marketplaces in this space it makes it even more difficult for a new en
116.
by bsdpython 12y ago
Google has an insane level of motivation to wring out any and all bugs from a driverless car. Even a single deadly accident in one of their cars could potentially destroy their entire business. Comparing that type of software to a Wordpress
117.
by bsdpython 12y ago
The article states 2-5 years for Google's driverless cars
118.
by bsdpython 12y ago
An anti-trust lawsuit would be guaranteed
119.
by bsdpython 12y ago
My point was that if you feel like your value as a technical person is worth more than the business person who has approached you (>50%) then you shouldn't bother. Between their experience, their idea, their connections, their money
120.
by bsdpython 12y ago
If you think that you realistically would require more than 50% of the equity to make it worth your time then you are better off politely declining and walking away.

More ›