Galanwe

60 ms·

691.
by Galanwe 4y ago
> Or, simply by virtue of being more intelligent. Life is not fair, and some people do have it easier than others I'm really not convinced this is the case when reaching higher level education. My experience is that "being sma
692.
by Galanwe 4y ago
That was more or less the case for Starcraft 1 as well. It made for incredibly funny replay of matches if you happened to own a newer version of the map, as the game starts to diverge from reality and enter some parallel universe where play
693.
by Galanwe 4y ago
Seriously, do you mind enlightening us of how you get that sense of the market? Because it is in total contradiction to what I see on the field... I started to reply to your comment but stopped as I can hardly agree with any single sentence
694.
by Galanwe 4y ago
> There are loads of of hedge funds and PE shops (ie the people actually making the investments) who are trying to generate the highest returns they can. You are mixing investors (the one having money to invest) and investment managers (
695.
by Galanwe 4y ago
> You might have read some nice sounding theory around risk profiles I read no such thing, but I have practical real world experience speaking to and reviewing investment decks for institutional investors, ranging from pension funds to i
696.
by Galanwe 4y ago
Hu, that is just very wrong on every level. The (stock) market is considered risky, both in terms of volatility (~15-20% annual), and in terms of exposure. Most quant hedge funds target ~10% realized annual volatility as a sweet spot for mo
697.
by Galanwe 4y ago
> This is mainstream economic theory today. To be fair, EMH is mainstream econometrics from the 70s... I don't think there exist more than a handful of academics in 2020 that would defend a strong form of EMH. The whole current quan
698.
by Galanwe 4y ago
That's completely irrelevant. You don't invest your money in what has the highest return. You invest it on what has the risk profile of your liking.
699.
by Galanwe 4y ago
I work in finance since ~15 years, essentially in quant hedge funds. I have some friends that work or worked in family offices, and I was proposed to work at some. The term is very vague and encompass very different entities. At its core, a
700.
by Galanwe 4y ago
Absolutely loved the illustrations from https://pikuma.com/blog/isometric-projection-in-games about isometric projections in games. A work of art, and engineering.
701.
by Galanwe 4y ago
USDT is not inflationary as well, as there is no interest rate applied to it, contrary to USD. This is in fact a real annoyance for USDT investors, as Tether does not pay the risk free rate, which they should, as any USD custodian would.
702.
by Galanwe 4y ago
> "Exposes" is a strong word. Public keys are meant to be public That's a very strong overstatement. With this argument, you could argue that data leaks involving names, emails, etc are fine, because emails and names are m
703.
by Galanwe 4y ago
> But the claim about Tether problems is about solvency, not liquidity. I don't think solvency is really at stake for Tether. They have so much capital at this point that they are filthy rich just with treasuries returns. Of course
704.
by Galanwe 4y ago
Indeed, I did not know that. Thanks for pointing it out!
705.
by Galanwe 4y ago
Does anyone know why github exposes user public keys ? Does it have any purpose?
706.
by Galanwe 4y ago
Tether is not deflationary, its a centrally pegged stable coin. No tether is burned unless redeemed.
707.
by Galanwe 4y ago
Just trying to be picky: The most likely scenario is that Tether is _overall_ solvent, though not in liquid assets. What would likely happen in case of a bank run is: 1) Tether will defend the peg and redeem at $1 2) Tether will freeze rede
708.
by Galanwe 4y ago
You did not _really_ "wire money to someone in <1h". Your bank signaled its willingness to move money to an other bank, who is in turn trusting enough of your bank to preemptively display that money as "received" whil
709.
by Galanwe 4y ago
Tether did complete audits. The results are mixed. They have a mix of treasuries, junk bonds and cash. Definitely not as risk free as they should be, but not to the point where you could call it a Ponzi. Overall a global move to another sta
710.
by Galanwe 4y ago
Pandas gets the job done, and is overall easy to use and intuitive. The problem is that it's a huge pile of hacks, exceptions, anti patterns, and regressions. The API is inconsistent, loose, full of obscure options added as quickfixes.
711.
by Galanwe 4y ago
Network manager, with nmtui and nm-applet.
712.
by Galanwe 4y ago
I sleep around 7h per night, sometimes 8h. I do 1 to 3 runs per week, between 45m and 1h15 each. I have a guitar teacher coming 2h/week, the rest of my practice is random: could be from 0 to 6h per week. Since I basically WFH 100%, I h
713.
by Galanwe 4y ago
> If I want to go hack on some Clojure after work, when the day job is in Python, then what's wrong with that? That is of course perfectly fine, but to me that represents a not-so-ideal fit between your interests and your job. Reali
714.
by Galanwe 4y ago
> You are not describing interest, you are describing obsession. I'm describing passion. > love being a software engineer, still, my family is orders or magnitude more important It's not mutually exclusive... I wake up at 6a
715.
by Galanwe 4y ago
I have a wife and a kid. Do you spend 100% of the your non-working hours with them? I manage to have a job, spend time with my wife, my kid, learn guitar, code & think on my free time, and I run 3 times a week. I don't watch TV tho
716.
by Galanwe 4y ago
I think your comment actually proves my point. You are admitting that you do think about code outside working hours, though you don't consider it to be work because.. it's code for a hobby project? That's not a valid point to
717.
by Galanwe 4y ago
> Because there is a very strong negative correlation between overworking and productivity / quality of work Working outside of business hours is not the same as overworking. I have some days packed with meetings and calls, and I ac
718.
by Galanwe 4y ago
It will happen, sooner or later. Some key management will stay for the first years because of retainer money, then they will leave. They will be replaced by parent company executives looking at some quick success with the newly acquired c
719.
by Galanwe 4y ago
> If that's the case, quit immediately If you're so uninterested by your work that thinking about it after 6pm makes you sick, why did you pick it? I've been in the industry for 15 years, coding since 25+ years, and I very
720.
by Galanwe 4y ago
Investors tend to think in terms of 1) volatility 2) exposure/diversification. 1) What _really really_ really matters is the Sharpe Ratio, as in "how much returns you get per unit of volatility". The returns themselves are me

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