tpeng

6 ms·

1.
by tpeng 12y ago
See my reply to waterlesscloud for an explanation. There are some big problems in the defaults, particularly around political topics, however, these are not issues of scale. They are issues of diversity. Reddit will need to address the dive
2.
by tpeng 12y ago
It's basically a mathematical guarantee. Reddit shows 200 comments by default, so if there are 20k comments, then you are roughly getting the top 1% of comments. If there are fewer than 200 comments, you are getting ALL the comments, b
3.
by tpeng 12y ago
reddit has the potential to unlock a lot of value if niche subreddits can achieve critical mass. There are quite a few subreddits that could support highly targeted and valuable advertising. Comment and voting quality also appears to improv
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Show HN: Rhombus, a fast, image-based Reddit app for iPhone(itunes.apple.com)
1 points by tpeng 12y ago|0 comments
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by tpeng 12y ago
Institutional investors are some of the most conservative investors you will ever meet. They don't have much downside from losing money in a fund that looks "normal", and they don't have much upside in outperforming in a
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by tpeng 12y ago
The creation/redemption process is intended for market makers known as Authorized Participants (APs) to arbitrage differences in the ETF price and the underlying price. While, yes, you can sell bitcoins to the trust in exchange for sha
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by tpeng 12y ago
The index fund is the greatest investing technology ever invented. The under-adoption of this technology is a behavioral problem. The solution definitely isn't additional layers of asset allocators taking fees on top of this. I'm
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by tpeng 12y ago
Many problems in AI, such as NLP, are AI-complete. While it's possible to solve subsets of the problem without creating a human level intelligence (and many companies have done so), these solutions do not "seem" very intellig
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by tpeng 12y ago
Very few people even bother to track calories. Some people do have trouble sticking with it, but for most, the eureka moment happens sometime in the first week when they realize that they are consuming far more calories than they had believ
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by tpeng 12y ago
Calorie logging is actually probably the best solution to the psychological problem. Your stomach is saying to your brain that it is hungry and that you must eat. Sometimes you might be so hungry that you feel you are actually hurting yours
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by tpeng 12y ago
I've met a lot of people who say that calorie counting doesn't work, but I haven't met a single person who consistently and meticulously counted calories over a long period of time, eating at a caloric deficit, who failed to
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by tpeng 12y ago
I think special situations and value are both enduring strategies that can exhibit high return / low risk potential.
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by tpeng 12y ago
The cliche among hedge fund guys is to be "long term greedy" not "short term greedy", which explains why some funds try to be more investor friendly with fees. You also have flukes like Berkshire that seem to have underc
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by tpeng 12y ago
Funds frequently return capital or close to new money in order to stay below their investment capacity. Funds also sometimes charge less than the maximum they can get away with for various reasons. The premise of your argument is simply wro
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by tpeng 12y ago
I didn't say hedge funds shouldn't be benchmarked to their appropriate index, I said that hedge funds as a whole shouldn't be benchmarked to the S&P500 because they're not all equity funds. In fact, the majority of h
16.
by tpeng 12y ago
Investing in stocks is more labor-intensive than investing in funds. I can identify a few great managers that will do very well over time, write them a check, and be done. By your logic, why should anyone give YC or a16z money? I mean, if I
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by tpeng 12y ago
It's mostly irrelevant. No one is investing in the hedge fund average, they are investing in the hedge funds that they think will do well. It's actually the same if you look at VC funds -- the overall returns of venture funds is p
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by tpeng 12y ago
The Werther effect could be another explanation for clusters of airplane crashes: https://fc.deltasd.bc.ca/~dmatthews/FOV2-00074762/S02DB0598....
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by tpeng 12y ago
$1 billion is only about 3% of the deal price. It's not that high considering the regulatory risk.
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by tpeng 12y ago
Interestingly, this only appears to be true in Manhattan. In New York City, single men aged 20-34 outnumber single women. And according to this site, single men aged 20-34 outnumber single women 20-34 in almost every city in the US: http:&
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by tpeng 12y ago
Accomplishment is a key component of happiness, and while specific strength goals may seem arbitrary, so are countless other goals and hobbies that people have. Overcoming a difficult challenge through hard work and determination can be its
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by tpeng 12y ago
Fastmail should really invest in some better domains. While I can use google to find a company's website, I still have to communicate my email address literally on a regular basis. I'd rather not have to spell out a weird domain.
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by tpeng 12y ago
Businesses in local have two-sided network effects. The most famous two-sided network effect is eBay, where the buyers attract the sellers and the sellers attract the buyers. Here you have local businesses and consumers as the two sides. Id
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by tpeng 12y ago
WSJ confirms talks -- "early stage" "deal isn't imminent" http://online.wsj.com/news/articles/SB1000142405270230442270...
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by tpeng 12y ago
“most people don't have the time to go throw 45's around a gym for an hour a few times a week” “For people that are overweight, what we want “ “cutting out the extra calories won't help once insulin resistance happens.” It so
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by tpeng 12y ago
I was also being quite generous in that 200 estimate. While many people do anecdotally report that their maintenance level seems to be lower when cutting, I suspect that it's largely due to changes in physical activity as individuals a
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by tpeng 12y ago
I haven't changed my exercise routine, so my total energy expenditure has not changed. Cutting calories is just as difficult for me as it is for anyone else I am not sure how common insulin resistance is, but given that it is a metabol
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by tpeng 12y ago
I recently went from bulking to cutting and went from 3500 calories per day to 2000 per day. You are massively underestimating caloric intake shifts that are possible or necessary.
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by tpeng 12y ago
The stomach is not a good judge of whether you should be eating more or less food. For whatever reason, some individuals may be prone to overeating or undereating. If your natural eating tendencies have caused you to be over- or underweight
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by tpeng 12y ago
Nerds are unpopular for a lot of different reasons. This essay seems incomplete. Probably the biggest reason is that nerds don't make any attempt to fit in. While this may seem like the same as popularity, it's not. Popularity is

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