arbitrage314

10 ms·

31.
by arbitrage314 11y ago
I don't understand this paper yet, but Marzouk is an awesome fella--a great explainer, a brilliant researcher, etc. I almost took a job with him a few years ago. If I get through this paper quick enough, I'll post back any signifi
32.
by arbitrage314 11y ago
I've seen, with my own eyes, working prototypes deliver amperage. That's pretty easy, though--just crank resistance down to 0, and you can get as many amps as you want.
33.
by arbitrage314 11y ago
At my small, startup-ish company, we see great talent come through all the time. These are people who can write good code reasonably fast, and they are also people who simply love coding. There seems to be no shortage of these people. There
34.
by arbitrage314 11y ago
Many weekends ago, I did a bunch of research on UBeam as I had an opportunity to invest. I hope I'm wrong (because wireless power would be cool), but after ~5-10 hours of research, I think wireless charging is unlikely to happen at any
35.
by arbitrage314 11y ago
I don't really follow the logic of the article. Humans have optimized for "money" for a long time, and it's produced a lot of good and a lot of bad. Overall, though, I'd say we're very much headed in the right
36.
by arbitrage314 11y ago
I've heard many folks complain about TPP on the premise that it will destroy and/or degrade American jobs. I believe there is lots of truth to that--people in other countries are usually willing to work for less than Americans. Ev
37.
by arbitrage314 11y ago
Twitter has certainly carved out a nice niche--I love real-time information from important people, news sources, etc. They will be around for a long time. Even so, I can't imagine them becoming more profitable any time soon. Still a sh
38.
by arbitrage314 11y ago
I just did the one in Nashville. It was a lot of fun, but it was very expensive (~$35), and they also made us solve the puzzle with a bunch of strangers (in order to fill up the room entirely). The good part of this is that they're mak
39.
by arbitrage314 11y ago
If this is passed, it'll democratize the fundraising process, and millions of Americans will suddently be able to invest alongside VCs. On the other hand, history has shown us again and again that "small" investors make reall
40.
SEC to vote on crowdfunding regulations(techcrunch.com)
3 points by arbitrage314 11y ago|1 comments
41.
by arbitrage314 11y ago
This is the most interesting and most intuitive set of lectures I have ever seen on this subject. I now understand things that have eluded me for years.
42.
Quantum Computing Since Democritus (2006)(scottaaronson.com)
10 points by arbitrage314 11y ago|3 comments
43.
by arbitrage314 11y ago
Why did this comment get downvoted? Is it because other people like Jack Dorsey, or because other people still don't like him? :)
44.
by arbitrage314 11y ago
I do think that, in general, charity is very reactive. Proactive approaches (e.g., education) are almost always better and more efficient.
45.
by arbitrage314 11y ago
I no longer dislike Jack Dorsey! :)
46.
by arbitrage314 11y ago
I don't think there's that much to worry about. If a VC wants a liquidation preference, that's fine--they'll have to pay for it by giving me a better valuation (in other words, giving me money money more cheaply). The ma
47.
by arbitrage314 11y ago
Wealthfront is indeed a ripoff for the well-informed. For most folks, though, something that makes saving simple is something that will lead to HUGE gains over not having that thing in the first place. Without Wealthfront, most people would
48.
by arbitrage314 11y ago
Agreed! Very nice and rare to see on HN! :)
49.
by arbitrage314 11y ago
Yeah, it was the .bash_history file. My bad. He also encrypted the files, uploaded them to his remote computer, and then deleted the programs used to encrypt and upload them.
50.
by arbitrage314 11y ago
The value in the code is not the code itself, but the models it encapsulates. For those interested, Teza uses (single-threaded) Java and Hadoop (or at least they used to), and Goldman Sach's high-frequency code was written in C++.
51.
by arbitrage314 11y ago
Haha your point is obviously valid. Without outing my friend, I can't prove it, so I hope you'll believe me. In fact, even if you don't believe me, that's okay--Goldman Sachs deserves to be given some crap!
52.
by arbitrage314 11y ago
Thank you! I certainly enjoyed this conversation, and I certainly appreciate your point of view. I can't disagree that people expect the big banks to get bailed out if anything bad happens again--big bank CDSs trade artificially low!
53.
by arbitrage314 11y ago
My best friend works at Goldman, and used to sit next to Sergey. Three things: 1. There were definitely NOT daily updates about the progress of this case 2. He WAS absolutely trying to steal code. Goldman high-frequency code isn't grea
54.
by arbitrage314 11y ago
I'm truly very sorry if I upset you. I'm just trying to make sure we're on the same page. Goldman is indeed guilty, but not in a way that we agree. Goldman had CDS against AIG imploding, had CDS-of-CDS against AIG's coun
55.
by arbitrage314 11y ago
(In other words, Goldman bought $100 million of credit default swaps against AIG failing.)
56.
by arbitrage314 11y ago
http://www.businessinsider.com/why-goldman-didnt-need-an-aig...
57.
by arbitrage314 11y ago
People like to rip on Goldman, and indeed, they deserve it. One thing which should be noted, though. There were two banks that didn't need a bailout back in '08-'09: Goldman Sachs and JP Morgan. They were forced to take the m
58.
by arbitrage314 11y ago
"This credit disguised as a swap didn't show up in the Greek debt statistics. Eurostat's reporting rules don't comprehensively record transactions involving financial derivatives." Sounds like Eurostat needs to hire
59.
by arbitrage314 11y ago
I haven't ever tried that, but I'll certainly consider it if I ever feel strongly enough! For early-stage ventures especially, the quality of the people seems to matter a lot. Therefore, there's a high probability I'd kn
60.
by arbitrage314 11y ago
I can't think of any important ones. As always, manage your risk. Even if you believe 99% in something, you should not put all of your money into it: https://en.wikipedia.org/wiki/Kelly_criterion

More ›