fakedang

51 ms·

961.
by fakedang 2y ago
I co-run a quant-driven prop shop. We never did and still don't do inbound recruiting, only outbound and referrals. It's the same with almost all quant shops now in the EU. I guess the US would be different, but only slightly - I
962.
by fakedang 2y ago
At the time, Tesla's shares were so resilient that banks must've equated it to gold. And you can borrow any amount of money if you can provide the equivalent amount of gold as collateral.
963.
by fakedang 2y ago
I'm currently reading Startupland by Mikkel Svane. While I'm not fully done with the book yet, I think its content resonates with what you're looking for. After all, Zendesk was self-funded and 100% focused on building someth
964.
by fakedang 2y ago
Yet somehow has immigrant mayors for nearly all major cities, had a couple of immigrant PMs, and currently has a PoC immigrant-origin leader of the CONSERVATIVES? Please enlighten me for I'm utterly confused /s.
965.
by fakedang 2y ago
Even if what OpenAI asserts in the title of this post is true, then their system is worth negative trillions of dollars. If other players can access that data with relatively less effort, then it's futile trying to train your models an
966.
by fakedang 2y ago
There was a time during the Reformation when they were actively burning Bible translations and executing priests who were translating Bibles. And remind me which language church services in the Latin rite are conducted in to this day?
967.
by fakedang 2y ago
Even strange then that William Tyndale was executed for his opposition to the church, largely through his translation work. > Tyndale's translations were the first English Scriptures to draw directly from Hebrew and Greek texts, the
968.
by fakedang 2y ago
> The Catholic and Orthodox churches have _always_ striven to make the Scriptures available to the people in languages they could understand. The first effort of the Catholic Church to translate the bible happened during the papacy of Po
969.
by fakedang 2y ago
Technology works well for decentralized religions, like Protestantism and Judaism, where there is no overarching authority on scripture, or where there are multiple entities competing for believers' attention that the majority choose t
970.
by fakedang 2y ago
Most YC companies are zombies. There are a lot of 3-5 person startups still "active", some of them since a decade ago.
971.
by fakedang 2y ago
So Deepseek gives out the correct answer the highest percentage of all SOTA models, yet is the least confident of all models?
972.
by fakedang 2y ago
ElectroBOOM!
973.
by fakedang 2y ago
That's precisely what I meant by underlying problems. New emperor? Let's revolt. Emperor captured? Free for all king of the hill. Old emperor returns? Let's blind him, imprison him, and then free for all king of the hill.
974.
by fakedang 2y ago
Also saved AI companies far more effort in gathering correct code for training.
975.
by fakedang 2y ago
And then they got rekt in Manzikert, 1071 AD. 46 years after Basil II's death. Let's not kid ourselves, the Byzantines had far more underlying problems throughout its history and only mostly survived by a.) the walls of Theodosius
976.
by fakedang 2y ago
That's like telling a drug addict that it's bad for his/her health. Sure you're staying facts, but they're not going to take it up. Might as well preach to the wind. From a young one's perspective, it's na
977.
by fakedang 2y ago
Bytedance without TikTok is still an order of magnitude worth more than Perplexity.
978.
by fakedang 2y ago
LoL, the algorithm is the only reason TikTok was able to dethrone both Meta and Alphabet in short form content (also Snap but who gives a damn about that loser). TikTok even put their algorithm workings out there in the internet, as part of
979.
by fakedang 2y ago
The LA fires aren't a climate fire though. For other disasters, while climate change is "global", the effects are pretty much localized and to various degrees. Some places have had adapted construction to those kinds of blue
980.
by fakedang 2y ago
And considering most of Europe is basically low risk territory, it makes sense? Afaik, only Turkey and a small part of the Balkans is considered earthquake territory. And there's no fracking in Europe to induce minor manmade earthquake
981.
by fakedang 2y ago
How stupid is this law? NYC is literally an hours drive from 3 states, none of which will pass this stupid law. It's like being stupid is a requirement to get elected to the NY Senate.
982.
by fakedang 2y ago
He might have offered, but doubt these guys would have taken it up. There's something different about these short sellers and the typical ones we've had in the past (Soros, Chanos, Ackman, etc.).
983.
by fakedang 2y ago
I didn't mean buy any ETFs either. I was making the case for individual stock holding, as a response to my parent comment.
984.
by fakedang 2y ago
Palestinians aren't even trusted by their Arab brethren, and they expect to be given the benefit of doubt.
985.
by fakedang 2y ago
Only failed Adani because they misunderstood how deep the Indian government would go to join in the cover-up, instead of actually investigating it. The Big 4 auditor for Supermicro literally quit, citing concerns. It's the SEC's j
986.
by fakedang 2y ago
Chat is a paper trail in finance at least. For regulatory purposes, bank personnel are not allowed to delete even their WhatsApp and other text messaging app info from their phones.
987.
by fakedang 2y ago
Short selling is extremely stressful and mindspace-heavy, especially if you're going with a global approach like these guys. It makes sense to exit once you've made your cheese. Some of the team members clearly want to continue, a
988.
by fakedang 2y ago
> There was a case of food contamination in a fast food joint (can't remember which, let's say it was burger king). The stock fell as a result, but recovered relatively quick afterwards - you would've made bank buying it l
989.
by fakedang 2y ago
> I treat buying individual shares as yuppie gambling at this point. It can be fun, but it’s usually a bad strategy. I would actually recommend the opposite - buy shares of a few companies that you know exceptionally well. That is, not j
990.
by fakedang 2y ago
What exactly is their mission? Spawning a marginally utilitarian industry by completely destroying the fabric of cities? /s

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