hendzen

9 ms·

31.
by hendzen 6y ago
Streeteasy data [0] shows a drop in listings but no fall in asking rents. However there has been a sharp rise in concessions - i.e. free month upon new lease signing. My guess is landlords are currently keeping apartments off the market rat
32.
by hendzen 6y ago
Until the AI starts generating business-speak...
33.
by hendzen 6y ago
You have to buy the feed, the market data isn’t free. Depending on your usage the fees can get fairly steep [0]. And that’s just the market data, you need to pay for colocation, cross connects, and order entry sessions. Of course Nasdaq is
34.
by hendzen 6y ago
Why implement the halving as a step function every 210k blocks instead of continuously reducing the block subsidy each block? An infrequent halving event that poses a bit of a shock to the cashflow of miners seems more risky, in that it wil
35.
by hendzen 7y ago
From what I've heard Jane Street's bread and butter isn't latency sensitive market making on public equities, but creation/redemption arbitrage on ETFs, especially ones that hold a lot of relatively illiquid stuff like v
36.
by hendzen 7y ago
At a time when the entire system of capitalism is under existential strain, you’d think its prime beneficiaries would be able to temper their worst excesses. Alas, of course they won’t.
37.
by hendzen 7y ago
The effective cost of borrowing is going to be considerably higher than 6% if a regular person is trying to pay for their living expenses with the principal of a loan denominated in cryptocurrency. Think about exchange fees, taxes for any a
38.
by hendzen 7y ago
Why would someone agree to take out a loan with a 6% interest rate when the fed funds rate (not incl spread for various retail products etc) is 400+ bps lower. Even with the spread you are going to be paying less than that for a regular mar
39.
by hendzen 7y ago
- AI based systems will start to replace humans in the more mechanical parts of the legal system. Judging traffic court cases could be one example. - One country will invade another country using computer/information attacks as the dec
40.
by hendzen 7y ago
no disagreement that there is a huge long tail of small successful quant groups out there. However, specifically in the realm of sourcing and processing novel raw unstructured datasets and creating signals that other firms don't have,
41.
by hendzen 7y ago
of course it’s more complicated than that - the end product is more features that can go in to all kinds of different trading strategies. For example as you said they are a big market maker - if they can more accurately predict earnings sur
42.
by hendzen 7y ago
The two funds I mentioned can afford exclusivity deals. When they expire the rest of the street catches on, by then they are already on to new ones. At any given time they have multiple in the pipeline.
43.
by hendzen 7y ago
Citadel and Two Sigma both have had large teams working on this for years. They are making a lot of money doing it but barriers to entry are very high. You need to collect all the data in a way such that you can reconstruct how it looked at
44.
by hendzen 7y ago
There are no private beaches in CA. It's just the road that is private, the beach is public land.
45.
by hendzen 7y ago
There are no private beaches in CA by law. He owns the only road leading to it, which the previous owner allowed people to drive through for a small fee for many years.
46.
by hendzen 7y ago
I guess he has more time now to focus on his campaign for president of the world.
47.
by hendzen 7y ago
Individual VC investments are a high-risk, high reward play, but for an LP, investments in large baskets of VC investments via VC funds are ideally intended to collect an uncorrelated risk premium. The idea isn't to simply to beat the
48.
by hendzen 7y ago
RIP Softbank Vision Fund 2.0
49.
by hendzen 7y ago
uber, lyft, to a lesser extent slack
50.
by hendzen 7y ago
I wonder how history will look back on Reid Hoffman's book, "Blitzscaling". The premise seems bit ridiculous now in light of recent problems at WeWork and Uber.
51.
by hendzen 7y ago
even if you take the string as `const std::string &` you will still end up with implicit string construction if someone passes a char* . Sure you can use std::string_view as an argument type to prevent this simple case, but it doesn&#x2
52.
by hendzen 7y ago
Not really at the early stages from what I can tell. There is definitely a correction happening in late stage pre-IPO and recent-IPO companies. In part because everyone is realizing that SoftBank are actually the dumb guys in the room, when
53.
by hendzen 7y ago
This strategy works very well if you have a gigantic money printing machine, which Google does. Uber has a gigantic money incinerating machine. They don't have the ability to just have engineers spinning their wheels on non-business
54.
by hendzen 7y ago
I'm sure Adam Neumann and his cronies on the WeWork board would have loved to be able to list on the LTSE. Would make it much harder for non-colluding market participants to call them out on their self dealing!
55.
by hendzen 7y ago
https://en.wikipedia.org/wiki/Interest_rate_parity
56.
by hendzen 7y ago
Yet another recent display of aggressive, excessive financial engineering. This is notable in WeWork’s case for being done in a pre-IPO startup, but is inflicted every day upon lesser known companies by legions of PE firms. This is late cyc
57.
by hendzen 7y ago
Wealthfront isn't a very large company so if you are telling the truth you have potentially given enough information about your friend for people there to identify him/her.
58.
by hendzen 7y ago
I started going bald at a relatively young age. I fretted about it for a while, tried different hair cuts etc, and was pretty unhappy about it. After looking in to a few different treatments, procedures and dismissing them all due to side e
59.
How Assange turned an embassy into a command post for election meddling(cnn.com)
8 points by hendzen 7y ago|3 comments
60.
by hendzen 7y ago
I have found myself often ordering from Target.com recently. They also have 2 day shipping on most items and unlike Amazon when I order a brand name item from them I actually can expect to get a genuine product. Their supply chain seems to

More ›