T_S_

50 ms·

451.
by T_S_ 16y ago
I left a career to do a PhD at age 42. It definitely helped me take on challenges that require much more technical knowledge than if I had stayed on the "tinkering" path. The distilled version of my lessons learned: 0) Hard to do a PhD part
452.
by T_S_ 16y ago
Perfect timing. I need to pick a name today. Getting tired of Newco.
453.
by T_S_ 16y ago
400 hp and no steering. Sure, that's OK, but muscle cars went away. The real problem was that developers didn't yet fully understand the medium. For example the very idea of most sites needing a flash intro went away quickly. And we still
454.
by T_S_ 16y ago
Land. By far. But I have high hopes for learning Haskell.
455.
by T_S_ 16y ago
Ideally, the efficient allocation of capital is the smart against nature. However the nature of the current system injects too much noise into the markets, since trades and positions are generally secret, except as occasionally viewed by
456.
by T_S_ 16y ago
I think vitriol plays into the hands of the industry. It appeals to anger, which will fade and is not focused. I think we should be analyzing how to shrink the industry's size and influence, and design what should replace it. After all th
457.
by T_S_ 16y ago
I agree to the extent that almost all regulation is aimed at the worst behavior of "evildoers", not the average bad behavior of "louts". Short of the worst behavior we all have "freedom", which starts to define what is acceptable, even thou
458.
by T_S_ 16y ago
It's never that obvious. When a regulator is hired by the Street, it is usually because they have lots of industry knowledge and know all the other regulators. That alone is sufficient. It also makes the case for industry self-regulation ea
459.
by T_S_ 16y ago
Wall Streeters are only human. If you want to fix Wall Street you have to design a system that works better, taking human nature into account. One big difference between Wall Street and startups is the heavily regulated nature of the fina
460.
by T_S_ 16y ago
Most nimble startups will run away from the regulated aspects of Wall Street. Really none of the functions list escape regulation. To disrupt Wall Street you would have to get legislation passed and regulators on board. The time scale for c
461.
by T_S_ 16y ago
Using you advisors as consultants who are paid with options sounds more like what he is suggesting. Might be a good idea for some businesses.
462.
Amazon Says E-Book Sales Outpace Hardcovers (WSJ)(online.wsj.com)
1 points by T_S_ 16y ago|0 comments
463.
by T_S_ 16y ago
Same story. Different direction. Worked on Wall Street for almost 20 years. Did everything from quant finance to selling bonds to managing technology project. Left in 2004 (yes, deferred comp was left on the table), moved to Australia to st
464.
by T_S_ 16y ago
| Is the concept of using 2 languages at the same time so | scary? Yes, but it seems to be inevitable. Python + C. Haskell + C would be my choices for large scale modeling/data analysis. For apps involving a GUI, I would like to hear other
465.
by T_S_ 16y ago
My first thought: which parasites make you smarter?
466.
by T_S_ 16y ago
I agree, and the word I would use is competing machines. Every time me (or my algo) bid up a security price I remove that "cheapness" signal from a competitor, increasing the noise they have to deal with and vice versa. ML hates noisy dat
467.
by T_S_ 16y ago
Market prediction is one of the hardest areas for machine learning/statistics/AI to prove their value. What the system can do is monitor more inputs than a single trader, so the screening process can be scaled up--provided you have releva
468.
by T_S_ 16y ago
QF is no different than other areas of engineering, like programming, where there is some exchange of information about methods between professionals. You can exchange a lot of information without revealing a specific trading strategy. Also
469.
by T_S_ 16y ago
I know someone who did that too. Now he is a drive time dj on a funny morning radio show. He lists that accomplishment in his bio on the station's website. Talk about making lemonade out of lemons!
470.
by T_S_ 16y ago
If you can get HTML5 to do what you need it makes a ton of sense. You can even get a nice icon on the desktop. I have some "apps" on my phone that work this way. But apps and the App Store aren't going away and its developers aren't suckers
471.
by T_S_ 16y ago
You're not putting anyone on a spot they aren't already on. Speakers love questions. You are right to save the off-topic or minutiae questions for later, but if you don't understand something, you are certainly not alone. So ask.
472.
by T_S_ 16y ago
Gresham's law is usually stated as "Bad money drives out good".
473.
by T_S_ 16y ago
Makes sense. Obviously books are an area where search alone won't cut it. Knowing that a book exists and knowing you would like to read it are very different questions. How do you identify the boundary between search and trusted curators? H
474.
by T_S_ 16y ago
Wow, I just learned a new idea. Test SaaS on production servers. Sounds scary but makes sense. Fast driving is not always dangerous driving. Great post.
475.
by T_S_ 16y ago
The cost of distributing books is plummeting. The relative value of editorial process is going up, but we haven't noticed yet. Instead we are witnessing the literary equivalent of Gresham's Law. Gresham's Law is the recognition that wheneve
476.
by T_S_ 16y ago
I'm glad I don't have to read your code. But I don't believe you should be downvoted. Only reformed. ;-) BTW in haskell whitespace is optional but nobody write code that way.
477.
by T_S_ 16y ago
Whitespace doesn't help you write code. I helps you read code, which is a lot harder writing it, even though it seems like it should be the other way around. The pain of keeping indentation correct is a forced ongoing investment in readab
478.
by T_S_ 16y ago
A friend of mine supplies all of the sand for making cement in his area, thanks to perfect storm of regulation shutting down his competitors. With a grin he is fond of saying "A monopoly is a terrible thing...not to have". I think every bus
479.
by T_S_ 16y ago
First semester Corporate Finance. Try Brealey & Myers or Copeland & Weston. The author may have a point that he was signaling they had nothing better to do with the funds. But, it's hard to say the share price would not have been wo
480.
by T_S_ 16y ago
"I didn't understand what was going on. We had more cash than it would take to buy back every share in the company and yet the stock kept going down." Obvious exaggeration. How many companies have more cash than market cap? Only ones that o

More ›