kevstev

20 ms·

211.
by kevstev 4y ago
You absolutely can. Stock price is really meaningless as far as the day to day life of a company is concerned- if your cash flows haven't changed, and the market has just decided to shit on you for a bit for irrational reasons there ar
212.
by kevstev 4y ago
I was actually going to post vacation photos a few months ago, after my first real trip post Covid. But... it just felt really awkard to do so all of a sudden. My feed is just stuffed with shared content and other crap, it no longer felt li
213.
by kevstev 4y ago
I feel the same. Coming of age in the late 1990s OOP was all the rage and while I found a lot of it interesting and useful, it created a lot of its own problems and the solution was often just "more oop" in the form of design patt
214.
by kevstev 4y ago
I found it very engaging and entertaining and it really tied together how we get from the very basic building blocks to a computer that can do something useful. As to whether it will be actually educational, it sounds like maybe it won&#x27
215.
by kevstev 4y ago
I mean I hear you on "changing the definition" from the commonly accepted two quarters of declining GDP numbers- though that was never actually official, you are mistaken about that- the NBER is the "official" source and
216.
by kevstev 4y ago
> But if you work somewhere where they do software development on the side (science, hardware, etc..) it is the main issue I have seen this working in finance. I worked at a startup with a quant, and my job became waiting for him to go h
217.
by kevstev 4y ago
Any forum that does not frown upon it ends up with a bunch of low effort rehashed posts by people who don't know enough to actually discuss the topic at hand. This dilutes an interesting conversation at best, and at worst just makes th
218.
by kevstev 4y ago
In my experience, it wasn't until 2003ish that telnet really started getting replaced by SSH, with telnet access being routinely shut down. My memory is really more around dev environments, prod envs may have been a lot more locked dow
219.
by kevstev 4y ago
> Higher velocity of money would lead to zero value? That's not commonly what basic economy dictates. I think you missed his actual point, which to be fair wasn't explicitly stated and I don't think is widely known. The bi
220.
by kevstev 4y ago
How cold does it really get? This could be great for a wine cellar.
221.
by kevstev 4y ago
Personally I saw Dropbox launch there and was blown away by it. The utter simplicity of the interface and just drag and dropping into a web page, for the time it was ground breaking. Iirc they were preceded by a guy demoing an alarm clock w
222.
by kevstev 4y ago
Completely agree. I recently left a top hedge fund, and for a period around 2019, their hiring process got so silly that it could be succinctly described as they only wanted to hire Linus Torvalds to do linux administration. Around this tim
223.
by kevstev 4y ago
Agreed- you might appreciate a story that happened recently. I worked at a finance algo trading startup, right before and into the financial crisis. The first CEO/founder gets ousted, new guy is an old school "phones and traders&q
224.
by kevstev 4y ago
What specific differences did you see? I was also at a mid tier school, though I did have a scholarship, and was intimidated when I got a job working alongside an MIT grad and a PHD from Yale. The MIT grad was a very good solid guy, and the
225.
by kevstev 4y ago
In the typical scenario, I could have sold my stocks and incurred a 20-39% tax on the gains. The other option was to instead take a margin loan out at a hair over 1% blended which is tax deductible and incur no tax bill. There was a bit of
226.
by kevstev 4y ago
I'd have to look at my notes, but when they reached out they had just changed the schedule/vesting, but who knows may have changed it again since- this was a bit over 6 months ago. I just remember this is a big number that really
227.
by kevstev 4y ago
Completely agree, and its very telling almost immediately in these types of questions how technical you are. If you say "it asks the webserver for a webpage" in almost all cases there is a superficial knowledge compared to someone
228.
by kevstev 4y ago
Ridiculously high packages- I left a premier hedge fund last year, and right as the ink dried on the paperwork for my new role, a friend called me who I worked with in the past that landed a high up role there running a big revenue generati
229.
by kevstev 4y ago
I would agree, but I really don't think many people are making that kind of money at IBs. Things may have changed, but as I mentioned, a neighbor who is pretty much in my seat- well technically one level up as a director (though title
230.
by kevstev 4y ago
I worked in option AMM when the term HFT started getting thrown around in some articles, and was discussed as this uber secret hush hush thing, and I was interested. I was then astonished when I kept reading and found out that it was what I
231.
by kevstev 4y ago
Yeah, pay at the big banks is shit really, especially when you consider the utter lack of work/life balance. I left in 2013 making 150k, which was supposed to be supplemented by a ~40% bonus for the level I was at, but each year was &q
232.
by kevstev 4y ago
I worked in algo trading for years, eventually got out because quite frankly the level of risk I was carrying on my shoulders everyday for what I was being paid were just way out of whack, I at least personally never got the huge pay days t
233.
by kevstev 5y ago
Happy Hacker- that's a blast from the past I had nearly forgotten about. Do you happen to know if any culture like this still exists today? I am sure there is something somewhere, but it was a fairly significant part of the early inter
234.
by kevstev 5y ago
Interesting, it was a required class in my program. Writing a shell is definitely a useful exercise, you may want to give it a go. We focused more on signal handling and forking/exec'ing processes though and less on display featur
235.
by kevstev 5y ago
Did you have a formal cs education? This was covered in my operating systems class- we had to write a basic shell as an assignment.
236.
by kevstev 5y ago
The narrative around Peloton is kind of strange to me. They were doing pretty well before the pandemic, then the pandemic hits, and they spent like this hockey stick growth is permanent and not just a trend, and then went in odd directions-
237.
by kevstev 5y ago
ha! Well the leaderboard and live stats and gamification where you can see where you are compared to your previous best at this point in a ride of the same length is IMHO what has made me get on the thing consistently and constantly push PR
238.
by kevstev 5y ago
I feel the exact same way. After my last vacation, I actually felt a little awkward posting pictures of it after- for many years FB had served as a great online photo album, but this was around the election, and it was all hatebook type stu
239.
by kevstev 5y ago
Investment Bank.
240.
by kevstev 5y ago
How do you get the carbonation levels to an equivalent level of commercial equivalents? I have this same setup (used mostly for beer)- but when I tried to carbonate water, it was always a bit on the flat side.

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