whyhow

6 ms·

1.
by whyhow 6y ago
Hey I'm a data scientist with 5 years of experience building predictive models. I'm trying to start my own side-consulting company specializing in scoping machine learning projects and building PoCs and MVPs. I think I may be able
2.
by whyhow 6y ago
Last year around Christmas time I was talking to my wife about what candy I wanted in my stocking. I said something like, "I really like those gold ball candies. I can't remember their name. Maybe ranchero something?" Then le
3.
by whyhow 6y ago
I think there is a huge risk that the data being collected just isn't meaningful to the problem being asked. For example, if you are trying to predict the weather you'd really like information on how big clouds are moving but all
4.
by whyhow 6y ago
Wouldn't you call that a network effect? Uber is only effective if you build up a network of customers. I thought scale meant you could run your service for 1 million users just as easily as you can run it for 1,000 users.
5.
by whyhow 6y ago
I feel like all (software-y) business ideas that don't require scale would fall under some form of "consulting". Does anyone disagree with this?
6.
by whyhow 6y ago
This is how you end up with students who are not prepared for the workforce because they haven't been trained on the tools that businesses actually use. There is nothing ethically wrong with asking students to purchase proprietary serv
7.
by whyhow 6y ago
No it doesn't. In my example the bank loaned out $850k to the first small business and $723k to the second. That's $1,573,000. The bank started with $1million. It absolutely matters how many times the dollars come back to the bank
8.
by whyhow 6y ago
So the depositor put $1,000,000 in the bank and the bank loans $850,000 to a small business so it can buy more inventory. The small business goes to the widget manufacturer and writes a check which the manufacturer deposits into the bank. S
9.
by whyhow 6y ago
He doesn't literally mean country clubs. He is saying that the fed's current policies allow rich corporations (controlled by rich people) to get loans at very low interest rates.
10.
by whyhow 6y ago
This is an over-simplified view of the market. The market isn't a zero-sum game. It's often in an investor's best interests to publish their research on a position (after they have taken it) to convince others to jump in the
11.
by whyhow 6y ago
I think this could be fixed by making each job be posted for a fixed block of time, say five minutes. Then it is randomly assigned to one of the shoppers that selected that job. This would remove the incentive around reaction speed and I do
12.
by whyhow 6y ago
If my company could lower the cost of its product by half and still make the same yearly revenue, it would. And all the executives would get huge bonuses.
13.
by whyhow 6y ago
I don't think this is true forever. I've doubled my salary in my first five years in my career through job changes, but I don't think I can do it again. I guess I have one more 20k jump (if I'm lucky) and then I will hav
14.
by whyhow 6y ago
Or you could lower overhead by cutting costs, hiring less people, changing commission structures. The nicest business meal I ever had was during a lunch meeting that I tagged along to with a large insurance carrier. They could probably cut
15.
by whyhow 6y ago
In response to the article about USO: If you wanted to build a financial entity to track oil prices, couldn't you just form a company that just buys a warehouse and stores a large amount of oil? Then its value would be roughly equivale
16.
by whyhow 6y ago
It's probably public since he knows their salaries. you can get a hold of most college employee salaries through state ran databases.
17.
by whyhow 6y ago
I've seen this too. Personally I think both environments are really valuable. I really prefer meeting folks in person, but my home is nicer for hard problems that require concentration. I just want to split my time evenly between the t
18.
by whyhow 6y ago
I think it is wrong to assume that something is inherently bad just because it is addictive.
19.
by whyhow 6y ago
I've had zero interest in working on personal projects since I've been working from home. I spend 8-9 hours at my desk in my bedroom. The last thing I want to do is spend another hour there trying to do a personal project.
20.
by whyhow 6y ago
Yeah of course, I'm just interested hearing potential paths.
21.
by whyhow 6y ago
Anyone know your typical steps for this process? I guess your first step is to contact your embassy, then look for a local lawyer, then what comes next?
22.
by whyhow 6y ago
>I get that the disease is more deadly. But is this one of those cases where it's better to pull hard and rip the band-aid off in one go? Nobody seems to really want to broach this topic seriously. If you "rip off the band-aid&
23.
by whyhow 6y ago
I tried Ubuntu for the first time in years last month. At first I was pretty happy with it, but gradually I grew frustrated. Every time I would install a new library in R (statistical programming language) I would have to spend 10-15 minute
24.
by whyhow 6y ago
This is true in all fields. Everyone always over estimates their own profession's impact on the big picture.
25.
by whyhow 6y ago
Should I just do a credit card chargeback for an postponed event? Are there any drawbacks? I tried to chat with their customer service and it wouldn't let me because my event wasn't eligible for a refund.
26.
by whyhow 7y ago
You are comparing average salary for software engineers to the revenue number for a lawyer. That revenue number isn't his salary because it is unlikely that he is able to bill 40 hours a week. A better comparison would be the average s
27.
by whyhow 7y ago
Have you ever reached out to the Airbnb host and asked them to store your luggage before check in? This is something that I think most hotels will allow.
28.
by whyhow 7y ago
Thank you for the recommendation of Rubicon. I enjoyed reading through this thread so I thought I'd take you up on your recommendation. It was this first history book I've read in probably a decade, so I wasn't sure if I was
29.
by whyhow 7y ago
I think what you are missing is that "greed" is in the eye of the beholder. Of course a business magazine never worships the "greed" of a great businessperson, but they do worship a person's ability to make huge dea
30.
by whyhow 7y ago
This is silly. I bet your colleagues are making poor R programs because they are not well versed in programming, not because R is inheritanly worse than anything else. My experience is that people who make bad R programs also make bad pytho

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