kolbe

50 ms·

571.
by kolbe 6y ago
Then come to the US where we allow patent trolls to rip you apart. Where we allow frivolous shareholder lawsuits every time the stock falls 5%. Where we humiliate you in front of congress at every opportunity. Where we allow innumerable typ
572.
by kolbe 6y ago
This is not true. Plenty of innovations have destabilized the world. Look at all of WW1’s weaponry. Look at Facebook allowing mass brainwashing to rip the United States apart. But more to the point, even if it were true, the CCP isn’t inter
573.
by kolbe 6y ago
I think it’s more likely the companies will thrive, but that the CCP will keep them on a tight leash. Jack Ma will be marginalized and replaced with a CCP insider. The company will continue to be a monopoly with de facto support from the CC
574.
by kolbe 6y ago
Which is obviously a problem. The US more or less has two sides, and both are routinely responsible for(or at least align with) morally reprehensible things. It should not be a problem to choose truth regardless of where if falls in a polit
575.
by kolbe 6y ago
Causal inference may not be important to media campaigns, but it is to reality. Can you honestly say that you have found causal evidence that people earnestly talking about a Wuhan having a lab leak is the cause of 24 extra hate crimes in a
576.
by kolbe 6y ago
Farming is low margin. Farmers don’t get to set the price of their products, and they aren’t handed billions in capital to burn through or 1000x multiples on their profit in the public markets. When most businesses say they can’t hire someo
577.
by kolbe 6y ago
What good is Coinbase other than as a way to exchange crypto for dollars? If crypto is to ever have any meaning, then it shouldn't need to interface with the financial system that it aims to upend.
578.
by kolbe 6y ago
Linear problems are ones in the form of sum(a_i * f_i(x)). So all Newton ballistics are linear because acceleration is a*x^2. Sometimes people who deal in probably refer to systems where the noise is Brownian as linear as well. So, both des
579.
by kolbe 6y ago
I would add US sponsorship of opioid addiction, police violence, lax firearm laws.
580.
by kolbe 6y ago
Why is this in particular deeply disturbing? Your tax dollars are responsible for thousands of murders and hundreds of thousands of negligent homicides every year. Why is it that one guy getting killed for doing something that was illegal f
581.
by kolbe 6y ago
Furthermore, if all your competitors have to incur the same fixed latency, then this is irrelevant. Just because one system is 200mics and another is 201mics doesn’t mean the 201mic one is good enough. HFTs are competing on what they can co
582.
by kolbe 6y ago
What the author is describing is not a “low latency system” with regards to finance. That term is used to describe a system that will successfully make a trade that is regarded as a good trade at the time of a signal. For example, if an ord
583.
by kolbe 6y ago
I had sort of the opposite experience. The book was really fun, but it felt a lot more like I learned how to play some abstracted low-level game. It just didn't do much to actually inform me about how a modern CPU actually works.
584.
by kolbe 6y ago
It blew my mind when they went from T+3 to T+2. I couldn't fathom why they would go about changing it, but not go to overnight settlement. Government, though.
585.
by kolbe 6y ago
I think it's very juvenile to equate legality with encouragement. [edit below] > Experimenting with people's lives is not a responsible way to experiment. I find it to be much better than the alternative where we make a choice
586.
by kolbe 6y ago
Say what you will about your opinion of what the results of this will be, it does create an experiment for us to learn with. I think one of the great tragedies of politics is that we do not experiment enough, so when ones like this pop up n
587.
by kolbe 6y ago
Most don't, but most aren't the most valuable brokerage firm in the US. Interactive Brokers does. TD does. ETrade didn't, but Citadel owned a huge stake in ETrade. The main reason RH hasn't done it is that they have this
588.
by kolbe 6y ago
My guess is Citadel and Susquehanna stopped routing RH's flow, and since RH, despite being a $10b company, is too incompetent to route its own orders to the exchanges, they had to acquiesce to the demands of the companies that route fo
589.
by kolbe 6y ago
Assange has a knack for getting his hands on a lot of dirt. Trump is arrogant and short-sighted enough to believe it will never be dirt on him?
590.
by kolbe 6y ago
If TSMC is going to be a monopolist fab for x86, then they will ultimately suck all the profits out of the server/desktop markets. This isn't just kinda bad news for Intel/AMD, it's really bad news.
591.
by kolbe 6y ago
Except Madoff had to conceal an accounting hole. If he ever stopped, his investors would ask for their $x back, and he would have to give them $0.5x. I know there's a lot of room for cynicism in the financial world, but you still need
592.
by kolbe 6y ago
If I'm interpreting your allegation correctly, that would be a serious crime. I could conceive of that happening in the early days, but Jim has tens of billions of dollars now. I don't know why he'd risk spending the rest of
593.
by kolbe 6y ago
2015 estimate for Putin was $200b[1] by Bill Browder, who for a period of time, had been mistakenly believed to manage Vlad's wealth, and was active in the privatization investment opportunities in Russia. In 2015, the richest western
594.
by kolbe 6y ago
Why on earth would Xi allow his wealth to be known? The media in China isn’t even allowed to cover basic actions of the CCP. But China is a country run by bribes and guanxi. And all bribes flow up. It is possible he has decided to not accep
595.
by kolbe 6y ago
Pure speculation, but it’s easy to see how people like them can conceal their wealth. One data point is that Gadaffi had by some estimates, $200b in wealth stashed around the globe when they unwound his estate. Bill Browder asserted that, w
596.
by kolbe 6y ago
Not that it matters who the wealthiest person on earth is, but western capitalists have a small fraction of the wealth that people like Putin and Xi have.
597.
by kolbe 6y ago
> On the other hand, do we really want a handful of unelected billionaires deciding what is acceptable speech Elected billionaires (and millionaires/thousandaires) don't do much better.
598.
by kolbe 6y ago
If you want validation for just hurling political opinions with no justification, Reddit will get you a lot more karma.
599.
by kolbe 6y ago
You should be prepared to lose all your money in any investment. This PSA is a pretty lame scare tactic. Sure, BTC seems riskier than say AAPL stock, but both can go to zero. So, a PSA like this one seems like propaganda more than level-hea
600.
by kolbe 6y ago
Those big ass nukes have a lot of power to extract value. Hence the value of the dollars they create to make you pay taxes with.

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