dsacco

92 ms·

721.
by dsacco 9y ago
With respect to languages: is it the case that Ruby programmers do better, or are companies hiring Ruby programmers more lenient? (Ruby being an example; Python also applies here, whereas the converse would be a hypothesis that C++ programm
722.
by dsacco 9y ago
> "Strange game. The only winning move is not to play." That's demonstrably false. If you're willing to put up with whiteboard tech interviews you have access to companies that enforce them but will pay very highly,
723.
by dsacco 9y ago
How do the consequences affect everybody, all the time? Why is the price too high? I'm not being obtuse, this is legitimately not obvious to me. Unpack your reasoning a bit, because I still don't see why it's axiomatic that D
724.
by dsacco 9y ago
Could we put a moratorium on just posting cynical quotes that almost everyone has heard without adding something original to the discussion?
725.
by dsacco 9y ago
That's not axiomatic; in fact, it's a normative claim, not a positive one. The argument is not that there are no consequences, but that DRM is a net positive because those consequences are the trade off for more and better content
726.
by dsacco 9y ago
That was a misnomer, you're right. But that doesn't meaningfully impact my point. An average annual 70% return, some years greater (notably, 2008) and some years lesser, but only a very small number of down quarters or months in t
727.
by dsacco 9y ago
And even if you luckily (or maybe skillfully) could, you'd most likely have a relatively small window of access before they no longer needed your capital unless you were a very large investor (on the order of a few years).
728.
by dsacco 9y ago
The SEC has established two precedents in this arena to satisfy the "personal benefit" or quid pro quo requirement: 1. Bribery, or a monetary reward, 2. Friendship and good relations. In both cases there must be an unbroken chain
729.
by dsacco 9y ago
You're not going to see details. No one who works there (or at similar firms) has any incentive to give away that information. If you come across people who work at one of these firms, you'll find they are extremely cautious about
730.
by dsacco 9y ago
This doesn't reflect how the industry actually works among funds that have alpha.
731.
by dsacco 9y ago
Actually yes, it's still quite unlikely. If you formalize your thesis here and actually do the calculation, you'll see that the chance of a fund achieving a consistently annual average 70%+ return over 20+ years is overwhelmingly
732.
by dsacco 9y ago
While what you're saying is true, in fairness there are two caveats: 1. Virtually all profitable strategies run by hedge funds are inaccessible to small time investors nearly by definition, because they have more capital and lower capa
733.
by dsacco 9y ago
> I'm sure it is very context dependent, but I'm very interested. For example, let's say you have information that allows you to forecast the earnings of a publicly traded company to within 1% MoE; for how much could you
734.
by dsacco 9y ago
Yes, yes, no.
735.
by dsacco 9y ago
> Are you able to tell more about what types of data this was? I mined data in the real estate, QSR, automotive and airline sectors (and a few peripherally related ones). We would identify a source of data that was a demonstrably stron
736.
by dsacco 9y ago
Is your understanding that they operate via illegal insider information, or access to information that is very difficult to achieve? To be clear: I have mined and sold data to hedge funds before, including well known ones, and from that w
737.
by dsacco 9y ago
> You mention that plenty of individual funds did beat the S&P. This is straight an apocryphal anecdotal fallacy. No, no it isn't. Individual funds have beaten the market for 20 - 30 years at a time. You won't even hear a
738.
by dsacco 9y ago
> No it isn't. If the guy was smart about what was being bet on he'd have picked RenTech and he'd have won. Yeah, I don't really understand this. People give me flak for saying it, but I can think of five or so fund
739.
by dsacco 9y ago
> The key issue is applications, smartwatches are still a solution searching for a problem. No they aren't, they're just not yet appealing to everyone. Running with my Apple Watch (Series 2 GPS) and Airpods has literally chan
740.
by dsacco 9y ago
That distinction could be demonstrated by market maturity, which could be further defined by how large the incumbents are and how saturated the market has become. Google is a giant now, and has made the search engine market both mature and
741.
by dsacco 9y ago
Google didn't make the first search engine, either.
742.
by dsacco 9y ago
His account now makes comments once every year or year and a half, but it hasn't been generally active for nearly 3.5 years (the last bunch of comments in a row in a short time period was 1264 days ago, as of this writing).
743.
by dsacco 9y ago
F* is somewhat well known in circles of information security, but it's not widely used in general. It's frequently used for formal verification of cryptographic protocols. If you look at the papers on the website you'll see a
744.
by dsacco 9y ago
This idea has been tried before ( https://hashcash.io/ ). Question for the developers: 1. How is this attempt different from HashCash, aside from using Monero? 2. What are you going to do if and when people develop counter st
745.
by dsacco 9y ago
I use net 30 terms. Average time between invoice delivery to invoice deposit in my bank account appears to be approximately 2 weeks, depending on whether they decide to pay by snail mail or ACH transfer. I've never had a client be late
746.
by dsacco 9y ago
I think you're getting hung up on the difference between product work and product revenue. Think of this like the terms front office and back office. The back office (engineers, product managers) build the core software and the front o
747.
by dsacco 9y ago
> The future is mechanical proofs. For some value of "future" - sure, maybe. But the vast majority of theorem solutions do not lend themselves to mechanical proofing, and it takes great effort to do it at all. I don't re
748.
by dsacco 9y ago
The interesting thing about this example is that literally both of those specific companies (and other QSRs with online ordering) are actively researched by hedge funds this way. You can uncover a truly magnificent amount of data by doing t
749.
by dsacco 9y ago
As another commenter mentioned, I can't take credit for it. I first read it from Joel's blog.
750.
by dsacco 9y ago
I don't think there's a hard and fast rule. This is similar to the term "quant", which can mean anything from a research scientist using applied mathematics to develop new models and strategies, to a developer who works

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