1gor

33 ms·

271.
by 1gor 18y ago
I like George Soros and hate demagogues.
272.
by 1gor 18y ago
>Maybe that's why his Wikipedia bio makes such conspicuous mention of his total lack of credibility. I've just edited that. Now it sais he's very credible.
273.
by 1gor 18y ago
...and here is a VC fund manager proverb: "On my left side nothing is right. And on my right side nothing is left".
274.
by 1gor 18y ago
>and a good ER tool HappyFish ( http://www.polderij.nl/happyfish/gallery.html ) is elegant, simple, inexpensive and powerful and works with Postgres and MySQL. I have run it under wine on linux.
275.
by 1gor 18y ago
I initially wanted to settle on MySQL for the sake of simplicity. But got bitten twice by it and have since changed my mind. a) Once I had to store a large chunk of time series data in MySQL 'TEXT' field. Got errors in the application, coul
276.
by 1gor 18y ago
Thanks for questioning my knowledge. Let me return the compliment. I don't think you are aware of the fact that a complex dynamical system (the economy) is deterministic. The randomness implied by stochastic models does not exist in reality
277.
by 1gor 18y ago
Mainstream economics refuses to admit it deals with a complex nonlinear system. And econometrics claims it has all the answers through gaussian statistics.
278.
by 1gor 18y ago
Economics is a pseudo-science. It does not follow the basic principle that knowledge is proved and disproved by experiments. You can find all the sophisticated mathematical methods you want in economics, and none of them would stand a test
279.
by 1gor 18y ago
>And it uses no proprietary or "non-standard" plugins It does. http://ostatic.com/158658-blog/is-lovd-by-less-really-open-s... : "Lovd by Less touts itself as an open-source platform for social networking. And indeed, the software itse
280.
by 1gor 18y ago
Hm... I though 'fake money' had something to do with social network valuations... If so, Marc indeed should know everything about that. Anyway, I just wanted to say a word in defence of poor hedge fund managers. Some members of this forum w
281.
by 1gor 18y ago
http://money.cnn.com/galleries/2008/fortune/0803/gallery.bea...
282.
by 1gor 18y ago
It is funny how now hedge funds and bankers take all the blame, even though millions of 'common people' speculated recklessly in real estate and picked up up enormous debts without any second thought. The Fed has tried to avoid post-2000 re
283.
by 1gor 18y ago
There is another social network on Rails out there: http://code.google.com/p/railscoders-net/ . You can see it in action at http://railscoders.net/ . It is also associated with a book ('Practical Rails Social Networking Sites', published
284.
by 1gor 18y ago
Lovdbyless is impressive, but it is mysql-specific and depends on some non-standard plugins to work (one of them is proprietary, somebody correct me pls if I've understood it wrong). Insoshi on the other hand is DB agnostic, works beautifu
285.
by 1gor 18y ago
That's right, but understanding and customizing a Rails app is a walk in a park, while a dissecting and adapting somebody's PHP app is a tough task.
286.
by 1gor 18y ago
>rebuilding a flawed, false global economy: one which actively transfers wealth from the poor to the rich, from the sick to the healthy This is self-righteous 'leftist' moralizing of the worst kind. The global economy is not flawed. It
287.
by 1gor 18y ago
http://www.exitmundi.nl is a great collection of the Great Filter candidates.
288.
by 1gor 18y ago
RapidWeaver on mac os x. (Similar to MovableType but less hassle).
289.
by 1gor 18y ago
Banks and other financial institutions do a lot of 'risk management' -- that is calculating huge price correlation matrices on everything they have on their books. This activity is perfect for AWS (and mostly pointless for its original purp
290.
by 1gor 18y ago
The credo of a tycoon of old (think JPMorgan or Vanderbilt) was to build an empire. His own empire, in his lifetime. Tycoons of today have build their own empires (Microsoft, Google, Apple, Oracle etc.), same principle, same philosophy. Whe
291.
by 1gor 19y ago
The question is not what creates wealth but what keeps it unevenly distributed. There have been experiments (computer simulations) that tried to explain 'Pareto distribution' -- a power law distribution of wealth leading to 20 percent of po
292.
by 1gor 19y ago
Staying employed and slowly building your wealth is not a riskless proposition. Past 20 years have been very nice to the tech sector and to equities in general. What are you going to say when your employer suddenly collapses and takes your
293.
by 1gor 19y ago
>...For Their Own Jobs I'm afraid they are not their own .
294.
by 1gor 19y ago
>the reason a Euro or USD has value is because there is a limited supply of them. I thought thanks to Bernanke there is unlimited supply of USD.
295.
by 1gor 19y ago
OK. I'll explain why it reminds me of reddit. The author of the comment in question uses tired populist cliché ( elites ) and tries to impose their own political views on the reader ( you think blackwater is bad ). Which is likely to ge
296.
by 1gor 19y ago
What's scary is how much this comment reminds me of Reddit...
297.
by 1gor 19y ago
What 'unexpected' everyone is talking about? Everyone has been pointing at US imbalances like low saving rate leading to dangerous dependence on consumption for growth (and consumers in turn depending on low rates to borrow) for 5 years at
298.
by 1gor 19y ago
>This site is about submitting awesome links I thought reddit is about that, not HN
299.
by 1gor 19y ago
Your ability to develop profitable business is limited only by availability of profitable market who needs your services. Costs of starting/running a web business are low enough. Automating some business service is normally a cost saving so
300.
by 1gor 19y ago
>Without a central bank, how is the money supply controlled? By natural business cycle of economic expansion/ contraction. Cost of money fluctuates, when it goes up there are recessions that clear up the inefficiencies (i.e. all busines

More ›