evanpw

14 ms·

121.
by evanpw 10y ago
Not just that, but there are lots of people who honestly believe that no one does hold a different opinion. They attribute a failure to enact the policies they support to a conspiracy of vested interests, rather than the fact that a large
122.
by evanpw 10y ago
Makes me wonder about the Trump presidential odds: https://electionbettingodds.com/ . They're not even as wide as the Brexit odds were earlier today.
123.
by evanpw 10y ago
I saw 15% before election data started coming out. That's pretty wrong.
124.
by evanpw 10y ago
I think that hedging would have the opposite effect. The pound is tanking (30-year low right now), so if your salary is paid in pounds, it would have made sense to bet on Leave. I'm not sure who wins economically from leaving. British
125.
by evanpw 10y ago
But if this is a known effect, why were the betting markets also wrong?
126.
by evanpw 10y ago
Now 55% to leave!
127.
by evanpw 10y ago
Both are true. The bankers make more money on this deal the higher it prices, but they can't get the next deal done unless they're on good terms with investors.
128.
by evanpw 10y ago
See also: betting odds ( https://electionbettingodds.com/brexit.html ). Was at 85%+ for Remain earlier today, now down to 65%.
129.
by evanpw 10y ago
Me too, but this link works: https://graphicdesign.stackexchange.com/questions/73601/is-t...
130.
by evanpw 10y ago
This is almost completely backwards. Here's an example from the Facebook IPO: http://blogs.reuters.com/felix-salmon/2012/05/21/morgan-stan... . This is how an IPO works: 1. The underwriters talk to p
131.
by evanpw 10y ago
> true price via the Google-style reverse auction Even with the auction, Google IPO'd at $85, and the stock opened at $100. If you think that the investment banks gave away $90M of Twilio's money to their friends, do you believ
132.
by evanpw 10y ago
Every one of the bad arguments that Gowers points out have been made in this thread full of smart people, even after everyone read the article. I think that's pretty good evidence that the theorem really isn't obvious.
133.
by evanpw 10y ago
This is correct. To be fair, though, the standard terminology is confusing: calling a number only divisible by 1 and itself a "prime" already assumes the FTA. In a more abstract setting, "p is prime" means that if p|ab,
134.
by evanpw 10y ago
Not that relevant to the argument, but you're right that the numbers are way off. For a 26-year-old, $200k is in the top 1%, but probably not in the top 0.1% (and definitely not top 0.01%). I don't know anything about tech salarie
135.
by evanpw 10y ago
The American coal industry has lost 99% of its value since 2011: https://www.americanactionforum.org/insight/decline-coal-ind... .
136.
by evanpw 10y ago
The CBOE matching engine is in New Jersey, along with the equities exchanges ( http://www.automatedtrader.net/news/exchange-news/141860/cbo... ). The Chicago-NJ latency race is more about futures traded on CME.
137.
by evanpw 10y ago
The IEX delay is uniform and deterministic, so if you're faster than your competitors by 1 microsecond in sending an order to IEX in response to an external event, you still win. The race that you can't win anymore is with IEX&#x2
138.
by evanpw 10y ago
> how about letting the investors and market decide? I basically agree with you, and the market has been deciding; IEX is currently the #2 ATS (colloquially "dark pool", but IEX has been publishing quotes). However, now that IE
139.
by evanpw 10y ago
If someone is publically offering to buy a stock for $10.00 on Exchange A (i.e. they've placed displayed limit order), then it's illegal for you to sell that stock to someone else for $9.99 on Exchange B. If that trade did happen,
140.
by evanpw 10y ago
Here's my evidence that Rule 611 is more about protecting resting limit orders than marketable orders: 1. It's called the "Order Protection Rule". 2. It defines "protected quotations" and makes it illegal to tr
141.
by evanpw 10y ago
The Chicago Stock Exchange is 15 milli seconds away from all the others. There isn't much trading volume there, though [1]. [1] http://batstrading.com/market_summary/
142.
by evanpw 10y ago
> you cannot buy or sell stock on someone else's behalf unless you check with all major US stock exchanges first to verify that you are getting your client the best price It's not just trading on behalf of a client. Even if you
143.
by evanpw 10y ago
It's more reasonable to parse "depends only on" as expressing conditional independence than unconditional, and that parsing has the added bonus of making the original statement correct.
144.
by evanpw 10y ago
Ad hominem is when "an argument is rebutted by attacking the character, motive, or other attribute of the person making the argument, or persons associated with the argument, rather than attacking the substance of the argument itself.&
145.
by evanpw 10y ago
Remove the top-down requirements and let airlines run their own security screenings. Those people who are very afraid of terrorism can pay a little extra and wait in line longer in exchange for the psychic benefit, and those who aren't
146.
by evanpw 10y ago
From a 1986 Fortune article: "With pretax profits running as high as 34% of revenues, Microsoft needed no outside money to expand." [1] http://fortune.com/2011/03/13/inside-the-deal-that-made-bill...
147.
by evanpw 10y ago
1. It looks like public spending on K-12 education in Finland is already quite a bit less than in the United States (adjusted for PPP) [a]. Spending more doesn't necessarily get you better results. 2. Private school attendance in the U
148.
by evanpw 10y ago
> Python is the de-facto standard for general-purpose type-optional programming Type hints were added to Python only in the most recent version (somewhat controversially), and the interpreter only knows about the syntax; there are no sem
149.
by evanpw 10y ago
It looks like they're expecting you to click through from this page: https://www.edge.org/contributors/what-scientific-idea-is-re... , which lists the actual authors.
150.
T. Rowe Price Voted for the Dell Buyout by Accident(bloomberg.com)
166 points by evanpw 10y ago|44 comments

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