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> I’ve never met SBF, although he was a physics undergraduate at MIT while I taught CS there. > And a traditional investor who made billions on successful gamb
by akiselev 4y ago
> I’ve never met SBF, although he was a physics undergraduate at MIT while I taught CS there.
> And a traditional investor who made billions on successful gambles, or arbitrage, or creating liquidity, then gave virtually all of it away to effective charities, would seem, on net, way ahead of most of us morally.
> On reflection, maybe I’d just try to convince SBF to weight money logarithmically when calculating expected utility (as in the Kelly criterion), to forsake the linear weighting that SBF explicitly advocated and that he seems to have put into practice in his crypto ventures
Christ.
The rivalry is over. Caltech wins.