hidenotslide

5 ms·

1.
by hidenotslide 5y ago
But how is being delta neutral a scam? If they weren't taking the other side of the long futures trade, someone else would at an even worse price. And if they weren't buying it back lower, someone else would at a worse price. The
2.
by hidenotslide 5y ago
I don't think you understood what Sam was saying, being short BTC futures is NOT the same as having a net short exposure to bitcoin prices. And what does Tether have to do with BitMart, an exchange I had never even heard of before this
3.
by hidenotslide 8y ago
Short squeeze dynamics can cause a stock price to diverge significantly from fundamentals. There are limits to what can be arbitraged, and that may be what is happening in this case. https://www.marketwatch.com/story/ti
4.
by hidenotslide 8y ago
1) Those tests results would be highly correlated, so you wouldn't necessarily be much more than 99% accurate still. 2) If the prior probability of someone committing a crime on a given night is low, you are in the classical example of
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by hidenotslide 8y ago
Those "structural changes" are called austerity and they have not worked well where they have been tried. There is a very strong argument that the Euro currency is deflationary and is causing many of the various issues like unempl
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by hidenotslide 8y ago
Reminds me of the old Conan segment that highlighted this behavior. Here are some clips from 2012-2014. Twinkie Trouble https://www.youtube.com/watch?v=OzdV0Imti3s&ab_channel=TeamC... Could this be the end of email over
7.
by hidenotslide 9y ago
Apparently my answer is worse than the guy who thinks "The fed is literally giving asset holders free money" and the guy who makes a pitch for Bitcoin. Whatever. Utilize your downvote cartel however you see fit I guess. Regardless
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by hidenotslide 9y ago
Here is a simple way to demonstrate the point of the article. If I deposit $100 in a bank, the bank can lend out around $90 to someone else (fractional reserve banking). That person now deposits the money at another bank, and the "mone
9.
by hidenotslide 9y ago
Depends how you define loss, a lot of people would disagree with you. They have had significant positive free cash flow for a long time, over a decade at least.[1] But since they reinvest the profits this becomes low net income. [1] https:
10.
by hidenotslide 9y ago
His new investors made $10 million less than they would have if he had not stolen from them. Embezzlement is still a crime even if you are the CEO and the company is profitable. And there was a bunch of lying in securities disclosures of co
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by hidenotslide 9y ago
Probably because the cancels were followed up by aggressive sales calls that mentioned the issue. A quote from the article: "The no-shows were accompanied by an OpenTable inquiry about Tavern’s 'sagging sales,' with a renewed
12.
by hidenotslide 9y ago
I'm sure it is structured in a way that mitigates that issue. E.g. donate to an intermediary trust for the tax benefit, then that trust makes the gift to the university. In fact the article seems to name this entity as the Pearson Fami
13.
by hidenotslide 9y ago
He may be right in this case, I am not a doctor and don't know the details of his anecdote. My point is that if I'm looking for medical advice from a pop science author I'd much prefer Dr. Gawande's evidence and experien
14.
by hidenotslide 9y ago
Nassim Taleb is great at providing backward looking advice. My back got better, therefore I was right to ignore the expert advice. He has predicted about ten of the last two financial crises. I wouldn't take medical advice from a finan
15.
by hidenotslide 9y ago
What is the LTSE? From their website it doesn't really seem like they do anything other than some apps for entrepreneurs? Often the mechanism for destroying great companies is plundering one group of stakeholders to pay off equity and
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by hidenotslide 9y ago
Why wait until the end to point out that this letter is most likely nonsense? Seems unlikely that people are getting scammed out of hundreds of million dollars a month. I tracked down the actual letter here and confirmed it has all sorts of
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by hidenotslide 9y ago
I'm not saying they are being untruthful. But they are very clearly biased to the right on economic issues, and significantly more than traditional news. All the articles I saw on regulation and taxes were negative. I probably even agr
18.
by hidenotslide 9y ago
That is clearly a libertarian news site. They may be negative towards both US parties but it's still a right-leaning site, at least in an economic sense of right and left.
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by hidenotslide 9y ago
This article doesn't seem biased to me, just some statistical information relating to the well known debate about why crime dropped in the late 90's. The lead gasoline theory is an interesting one, in addition to the ones given cr
20.
by hidenotslide 9y ago
I hardly use pandas at this point besides read_csv, which is very good once you know the syntax for parsing strings/dates, skipping rows, dropping columns, etc. After that I usually just keep the numpy array since all I need is floats.
21.
by hidenotslide 9y ago
Good point about pandas dataframes taking up extra space, and the solution of using chunking/generators. 33 GB is what Wes McKinney would call "medium data": https://twitter.com/wesmckinn/status/4131
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by hidenotslide 9y ago
I don't find this a very compelling argument. The author doesn't mention any attempts to profile or speed up the code. Specifically with pandas I've found if you aren't careful you can do a lot of unnecessary copying. No
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by hidenotslide 9y ago
Capital gains are equivalent to dividends, just with better tax treatment. You are "technically" correct though, which is of course the best kind.
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by hidenotslide 9y ago
Normally that would be true, but under ACA profits are capped at 25% of premiums. They can increase profits only by increasing premiums, which can be justified by rising costs. Private insurance companies in America have no incentive to low
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by hidenotslide 9y ago
Single payer does not mean non-profit, providers would still be for profit.
26.
by hidenotslide 9y ago
What doesn't add up with the numbers you quoted? Being valued at higher than revenue isn't odd, that's a stocks vs. flows issue. Same with the debt, that's not too much relative to market cap. Initially this sounded like
27.
by hidenotslide 9y ago
Yes, looks very fake. The parts about if your dog needs to go out, how they target women, whether your chair scrapes or not? Just silly.
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by hidenotslide 9y ago
I don't know the details. Multiple places seem to imply there is at least some planned mechanism, that's all I was referring to. E.g. from the white paper: "Tethers may be redeemable/exchangeable for the underlying fiat
29.
by hidenotslide 9y ago
I have no clue, you'd have to ask people who sell below par. If they are selling because they can't access the normal withdrawal mechanism (e.g. US customers or people in a rush relative to processing delays) then it is the former
30.
by hidenotslide 9y ago
Either tether is trading at a discount due to liquidity issues like a closed-end fund or due to real credit issues (fraud).

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