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carnitine
searching PlanetScale…
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24 ms
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211.
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carnitine
5y ago
Are you missing the ‘and then’? It’s a compound sentence, I was just stating the point at which the losses occur. I didn’t ‘choose’ that date, that’s just when things happened. The start point was the 20s as is the point of this entire comm
212.
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carnitine
5y ago
I didn’t though. That wasn’t my starting point, the 20s was. It’s just the 80s are when things start going wrong. The Nikkei declined over years, hitting just over 8k in 2003, whereas post bubble it went from mid-30s to mid-20s. The bubble
213.
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carnitine
5y ago
Well yes. We are talking in the context of buying an index in the 20s and holding it until the present day. I split the Japanese index’s performance into two periods, but I’m not sure what your point is because I’m commenting on the entire
214.
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carnitine
5y ago
When the Fed does quantitative easing, they swap bank reserves for bonds held by banks. These bonds are economically equivalent to money which cannot be spent until a certain date, so the Fed is effectively just bringing this date forward.
215.
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carnitine
5y ago
The S&P 500 and Dow are just simple algorithmic trading based on an underlying thesis (US does well) with good historic performance.
216.
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carnitine
5y ago
I’m not measuring from anywhere, I’m describing what happens if you invested over the same time period as the original comment with the same strategy but a different index. Nor did I say the US is arbitrary, I said the Dow was, which it is
217.
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carnitine
5y ago
The Dow is arbitrary. It happened to do well, if you bought a Japanese index in 1929 you’d do well for 60 years and then make losses which would require another 30 years to recover from.
218.
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carnitine
5y ago
Probably because inflation has never been particularly bad post-QE. We had inflation north of 10% in the 70s, it’s averaged a couple of percent in the last two decades. Also, despite what the Fed probably wants you to think, QE is not money
219.
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carnitine
5y ago
That honestly makes it sound even worse. I’m confused as to how people think it doesn’t. Also it’s perfectly valid statistics.
220.
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carnitine
5y ago
Where in the world are guerrilla ads disguised as money so commonplace that one simply ignores them? I have never seen such a thing in my life.
221.
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carnitine
5y ago
Seems pretty readable to me if you’re comfortable with Haskell.
222.
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carnitine
5y ago
Public schools are a type of private school in the UK, it’s not a direct mapping.
223.
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carnitine
5y ago
Why would this affect YouTube’s internal recommendation system?
224.
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carnitine
5y ago
Do you not think a great many people go to the polls and vote along party lines so that the party leader becomes PM?
225.
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carnitine
5y ago
No, you’re confusing the Conservative party leadership election with the later general election which he won comfortably.
226.
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carnitine
5y ago
Probably the most genuine thing about him, being Catholic in a non-recusant way deviates from the image he tries to give off (though I doubt many of the target audience care).
227.
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carnitine
5y ago
Was it? I thought that meme began from his post. To be totally blunt if you get asked to invert a binary tree in a FAANG interview, that’s very easy compared to most questions.
228.
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carnitine
5y ago
Binary search? I would never hire anyone who couldn’t implement it from scratch. There’s no complex idea or trick to remember, it’s the most basic algorithmic around.
229.
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carnitine
5y ago
This is just impossible to do, the side projects are on the CV and will influence any decision, it’s not feasible to ignore them. Of course being less accomplished is a disadvantage.
230.
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carnitine
5y ago
Also the most productive economy in the world demanding all taxes be denominated in USD, providing an incredibly high floor on demand.
231.
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carnitine
5y ago
Quantitative easing by the Fed does not involve any printing of money (figuratively, we’re obviously not discussing actual printing presses), though they may like you to think like that. It doesn’t even create money, it just swaps assets fo
232.
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carnitine
5y ago
But shouldn’t something have been done to ensure a better initial distribution of those assets? To be a Bitcoin maximalist basically means you want a future in which the Winkelvoss twins, Pompliano et al are the richest people of all time.
233.
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carnitine
5y ago
Curry-Howard isn’t that specific, nor do dependent types correspond to first-order logic. Curry-Howard is a broad correspondence between logics and type theories. System F, which is weaker than dependent type theory corresponds to higher-or
234.
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carnitine
5y ago
That seems like a reasonable thing to do. I don’t really see the problem, don’t they generally refer to that as ‘street value’ anyway? Besides, what could they have done similarly in this case? Why would they not just be referring to the cu
235.
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carnitine
5y ago
Plenty of people pay the bills with F#. And Haskell, Lisp, k, OCaml etc.
236.
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carnitine
5y ago
No, HFT firms are obliged to meet the NBBO. They improve prices for retail investors because retail investors are generally safer to transact with.
237.
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carnitine
5y ago
A savings account is not open to an endowment and will be eroded by inflation. Any university endowment will need to be invested in something riskier.
238.
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carnitine
5y ago
It’s very easy to argue rhetorically that it’s all luck, but the point does not stand up to any kind of rigour at all. Even if you make extremely conservative estimates, just one of the top funds is microscopically unlikely to arise via cha
239.
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carnitine
5y ago
The axioms allowing one to express enough of arithmetic for Goedel’s methods to apply. As the comment says.