yellowstuff

5 ms·

1.
by yellowstuff 7mo ago
You make a valid point. Dario suggests that DoD wants to have the capacity to do domestic surveillance and autonomous killing. Sean Parnell said the DoD doesn't want those capacities. These statements are in conflict. Them talking past
2.
by yellowstuff 8mo ago
From Stephen Fry: "You know that scene in Animal House where there’s a fellow playing folk music on the guitar, and John Belushi picks up the guitar and destroys it. And the cinema loves it. Well, the British comedian would want to pla
3.
by yellowstuff 1y ago
I believe that Happy Days started the trend in the 70s, with Mr. Cunningham being portrayed more realistically than earlier TV fathers. Allegedly (I can't find a source) an executive said "He doesn't look like a father. He lo
4.
by yellowstuff 2y ago
I've worked in finance for 20 years and this is the complete opposite of my experience. Excel is ubiquitous and drives all sorts of business processes in various departments. I've seen people I would consider Excel gurus, in that
5.
by yellowstuff 2y ago
There's a lot of confused comments on this thread. "Front running" in the strictest sense means illegal trading that involves taking advantage of trades that you know will happen and you have a responsibility not to exploit.
6.
by yellowstuff 2y ago
I'll admit that this is a charitable reading of the essay, but I think that MS was dead in 2007 and is still dead in 2025, in the sense that Graham was focused on. In the 90s startup founders were scared that if they started a software
7.
by yellowstuff 2y ago
It looks like they contracted to buy "up to" 20,000 Jaguars: https://www.theguardian.com/technology/2018/mar/27/waymo-sel... Pretty effective press release! Nothing in it is untrue, but it&#x27
8.
by yellowstuff 2y ago
I've done a fair amount of technical hiring at hedge funds, my experience doesn't support this comment. There is some amount of credentialism/elitism in hedge fund hiring, but I see that more on the fundamental investment sid
9.
by yellowstuff 2y ago
ii is also good.
10.
by yellowstuff 3y ago
Probably the most important reason this story got big is because it involved Dan Ariely, a popular author and perhaps the most famous active researcher in the world.
11.
by yellowstuff 3y ago
Off topic, but as a finance nerd I want to point out that if you know you won't touch your money for 10 years and put it in a savings account paying 5% you are bearing "duration" risk. It's possible that interest rates w
12.
by yellowstuff 3y ago
I believe that I read in Cracking the Coding Interview that big tech doesn't consider your current job as a comp, only pending offers. They won't increase an offer because you make more at your current job. I agree that candidates
13.
by yellowstuff 3y ago
There have been several attempts. For example, Google tried to introduce a JIT in 2011 with a project named Unladen Swallow, but that ended up getting abandoned.
14.
by yellowstuff 3y ago
Great story. The part that sticks out to me is 72% (the discount that GS got due to busted trades) and 0% (the discount Knight got due to busted trades.) If you're going to eff up, first make sure you're a big player!
15.
by yellowstuff 3y ago
That's what always struck me about this story. I like to think that if I was in the room we would've turned the system off at 9:31 when we knew it was working abnormally but didn't know why. Instead they let it run for over a
16.
by yellowstuff 3y ago
I believe that Mizuho had a similar check in place. This stock was an IPO so there was no last price to compare against.
17.
by yellowstuff 3y ago
Clearly the author should have stated a third time not to violate thread safety, to prevent the article from being misinterpreted.
18.
by yellowstuff 3y ago
Gotcha. I agree that the main premise of Flash Boys was wrong, HFT is unambiguously better for retail traders than the market makers that preceded it.
19.
by yellowstuff 3y ago
1) Kahneman had a chapter in his book about social priming, and endorsed the subfield, which was totally decimated by the reproduction crisis. But Kahneman himself didn't research social priming, and I don't think any of his resea
20.
by yellowstuff 3y ago
Dropbox didn’t have horizontal scaling and ran off one database for a long time.
21.
by yellowstuff 3y ago
I love Keens and go there a fair amount, and I had no idea that mutton was so rare in the US. Now that I think of it I've never seen it anywhere else.
22.
by yellowstuff 3y ago
“Bust Out 1” seems basically OK to me. Everyone hates stock buybacks, but they’re economically very similar to dividends, and seem like a reasonable way for a fading company to return cash to shareholders. Could BBB have survived if they sp
23.
by yellowstuff 3y ago
Technically her jail sentence was for lying about her insider trading, not for the original crime.
24.
by yellowstuff 3y ago
Search for "insider trading convictions". They're not rare, and often result in jail time. Are most of the inside traders that get caught non-professional investors, because the pros know how to escape detection? Are the conv
25.
by yellowstuff 3y ago
I strongly suspect these trades are not legit. That said, the trader didn't necessarily KNOW that the deal would be announced today. Trading is a game of probabilities. It's possible that the trader used public information to figu
26.
by yellowstuff 3y ago
The SEC absolutely will be looking into this trade.
27.
by yellowstuff 3y ago
* Large, noise-cancelling headphones. I use Jabra Evolve 80s. * Play white noise into your headphones. * Get additional white noise by running a fan. * installing better windows will help and is probably cheaper than moving.
28.
by yellowstuff 3y ago
Yes. It's an analysis of the differences in results generated by different teams of academics researching the same data. That required lots of researchers, who all deserve credit for their contributions.
29.
by yellowstuff 3y ago
I’m a quant. If all you care about is the realized return of a equal-weighted portfolio than sure, just look at mean return. If you’re trying to understand a strategy in depth you’ll want to look at the entire distribution of hypothetical r
30.
by yellowstuff 3y ago
Java marketing in the 90s was more intense and much less organic, since it was totally driven by Sun.

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