hntrader

36 ms·

331.
by hntrader 6y ago
In principle yes but in practice it's very difficult to postulate an accurate null hypothesis sampling distribution from which trades are drawn. In a roulette game, each outcome is drawn from the same, well understood distribution, so
332.
by hntrader 6y ago
This is often part of compliance training in financial services. Don't communicate anything that even remotely seems sensitive or questionable over email or chat. It doesn't matter if it's totally innocent, all that matters i
333.
by hntrader 6y ago
They're actually misunderstanding orthodox economic theory. EMH and CAPM doesn't say that it's impossible to run an outperforming mutual fund over many years. All it says is that it's impossible to do so in expectation
334.
by hntrader 6y ago
The fact is that many (hundreds) do beat benchmark - over years and decades - which is sufficient data to disprove the original assertion that I was contesting. "By how much?" - not relevant to the claim I was disputing. The rea
335.
by hntrader 6y ago
One nitpick. A huge number of mutual funds outperform the market. Something like 40 percent of them, which would be in the hundreds to thousands. It's the average over all of them (after accounting for survivorship bias) that underperf
336.
by hntrader 6y ago
Yeah. There are storage costs. Primarily the counterparty risk associated with current custody solutions.
337.
by hntrader 6y ago
I don't get why Amazon loves fake five star reviews. It's put me off them completely and I'm no longer a customer. Are you sure that this is accurate?
338.
by hntrader 6y ago
Definitely agree with the inertia thing. The labor market works in the long-run but isn't frictionless for practical real-world reasons pertaining to personality, personal circumstance, immigration policy and so on.
339.
by hntrader 6y ago
"don't agree ... rejection of racism leads to other views being suppressed" That's assuming that everything that gets labelled as racist is justly labelled as such.
340.
by hntrader 6y ago
Probably depends on personality. As an introvert with a little above average neuroticism I viscerally despised returning to school after a long holiday break from K to 12 without exception. Zero excitement or longing to return. I had good f
341.
by hntrader 6y ago
There's also a more charitable interpretation though. It's not clear to me that the lack of disclosure benefited Musk. Compare these two sequences of events: 1 - Initial purchase followed by disclosure followed by promotion 2 - In
342.
by hntrader 6y ago
Promoting something that you own isn't illegal. Jack Dorsey and thousands of others are promoting BTC while simultaneously owning it on social media. Musk also promotes TSLA and SpaceX to his benefit (since he holds equity). It may be
343.
by hntrader 6y ago
For countries that have compulsory food labelling, is it sufficient to just look at the carbohydrate content as a proxy for the upper bound on sugar content? Of course I'm not talking about artificial sweeteners which is another can of
344.
by hntrader 6y ago
Yeah, extra virgin olive oil is one of the good ones and there's a sizeable research literature which backs that up. You can consume it liberally. Make sure you buy it in a dark glass container (since it's UV sensitive) and it sho
345.
by hntrader 6y ago
Making the statistical model for E(claims) worse on purpose by excluding relevant features (e.g. inherent traits) is political. The insurers have no choice since the ethical views of the majority are hoisted upon them through politics. Th
346.
by hntrader 6y ago
I don't know if the assertion you made is true, ie that an omniscient entity can't explain everything there is to know about temperature by looking at the simple movement of atoms. What's the basis for this? I know you follow
347.
by hntrader 6y ago
I wasn't arguing with or misunderstanding the point being made. I was just disputing that DDG usage would be positively related to credit unworthiness. I admit that it was pedantic.
348.
by hntrader 6y ago
We must disambiguate between political objectives and the practice of credit risk modelling. Credit risk, f(X), is an unknown population function that needs to be estimated using observed data X. If including tallness into X improves our es
349.
by hntrader 6y ago
DDG is more popular in the tech-literate crowd, most of whom are earning large salaries and therefore we'd expect that DDG usage should be positively (not negatively) correlated with credit worthiness
350.
by hntrader 6y ago
Yeah, the discovery does not provide support for the article's title. We already knew that Neanderthals and H. Sapiens interbred. While their finding of teeth is cool, that just reinforces what we already knew. It doesn't say anyt
351.
by hntrader 6y ago
I can look at artwork on my computer for free, or print out a high resolution image that's indistinguishable for a few dollars. Yet people pay a fortune for the "real thing", even though their eye doesn't know the differ
352.
by hntrader 6y ago
It has a huge long term impact. There's been hundreds of near dead companies that have had their stock prices pumped and have raised loads of money through an at the market offering or secondary offering which would've been imposs
353.
by hntrader 6y ago
Derivatives are typically leading crypto spot markets (although recently it flipped for a while) It's been that way for a few years. I'm talking Bitmex, Binance derivatives, not CME.
354.
by hntrader 6y ago
That's a negative externality which doesn't pertain to how valid the current valuation is, which is the subject I was addressing. Externalities by definition don't feature into the price, although perhaps they do only to a ve
355.
by hntrader 6y ago
I can say the same things about artwork or gold. To me these things are totally useless, paint on a canvas (when I could just look at a photo of the same thing) and a shiny piece of metal, no utility whatsoever, who cares? Well the value do
356.
by hntrader 6y ago
If it's not rare then disregard what I'm saying above. I was just presuming that that was the case (no data either way here).
357.
by hntrader 6y ago
This might be a rare edge case case involving unforseen circumstances. For rare cases like this (presuming that that's true), we probably don't want to set up a whole communication apparatus, since doing so is quite expensive. Ins
358.
by hntrader 6y ago
Isn't this just saying that the BTC buying volume generated by Tether is less than what was claimed? That's important to note, but where does he argue that the central and most important claim - i.e., that Tether isn't fully
359.
by hntrader 6y ago
I'm not confusing cause and effect. Large cap stocks weren't engineered for stability, but they're lower tail-risk than mid cap stocks, which are lower tail-risk than small cap stocks, and so on. The same phenomenon has been
360.
by hntrader 6y ago
What's a good contemporary replacement for NPR that gives consistently unmotivated coverage? It's a shame that I'm struggling to think of one example that fits into that category...

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