latencyloser

9 ms·

31.
by latencyloser 7y ago
Even if they got the exchange's order-book they'd probably just see a bunch of orders from some guys named Morgan Stanley and JP Morgan. So many of these trades are routed or entered by brokers or other large firms.
32.
by latencyloser 7y ago
Agreed. My experience with regulators, CFTC and SEC, was they were pretty no-bullshit about auditing and compliance. We jumped through a lot of technical hoops to make them happy. My colleagues would get called away for hours, days explaini
33.
by latencyloser 7y ago
Disclaimer: I used to work there years ago as a programmer and got a lot of exposure to this stuff. My opinions are my own and that's all these are. I think this article is a bit over-hyped. I know in my circle we sorta joke that trump
34.
by latencyloser 7y ago
I've heard it's also important to distinguish _practice_ as separate form of _doing_. Without knowing anything about your golf habits, so not intending to criticize, but to use as an example: 10k hours of _playing_ golf is quite d
35.
by latencyloser 7y ago
To offer a contrasting opinion, I had to step away from "meaningful" work in order to recover from burnout. It was absorbing my life and I ended up feeling like I was trying to save the world with just myself and my little band of
36.
by latencyloser 7y ago
TLA+ is less a programming language and more a systems modeling language. It's like writing a mathematical proof for your system where you describe each action the system takes, the invariants to describe "correctness" of the
37.
by latencyloser 7y ago
Not necessarily. The purpose is to show how you reason your way through a problem where you can't simply google "how do I solve x problem." It's intended to see how you communicate, how you handle mistakes, how thorough
38.
by latencyloser 7y ago
You're probably right. Any recommendations on where I might look that's not as glamorous? Not being facetious (in case it sounds that way), just curious to have some recommendations.
39.
by latencyloser 7y ago
Microsoft definitely still did as of late 2017, when I was still there. You're absolutely right, it was easier to just get a job elsewhere and that was what I did! Hah. I'm trying to avoid that here, because I like the company, ju
40.
by latencyloser 7y ago
I'm just gonna vent for a sec out of envy: As someone who did the software route, there are days I deeply wish I had done this sort of thing instead. My neighbor is a welder, lives in a house the same as mine, doesn't work crazy h
41.
by latencyloser 8y ago
I'm uncertain when the contracts will begin to be listed, but I believe the minimum is 5 days after IPO. Personally, there's quite a few unknowns that would deter me from entering this trade off the bat, as I don't usually tr
42.
by latencyloser 8y ago
Just to add, a mildly more conservative/higher probability short would be a short call spread, can adjust the strikes depending on your risk tolerance/confidence. This limits upside but you no longer need to outpace theta, it&#x27
43.
by latencyloser 8y ago
I write Java daily, I haven't seen one in a production environment in... at least recent memory. Most common NPEs I've seen can be resolved by doing two things: 1) for returning a single, nullable value, wrap it in Optional. 2) Ne
44.
by latencyloser 8y ago
I'm fairly certain you'd need to be a US Citizen to work on anything at SpaceX anyways due to ITAR. At least, that's a requirement at Blue Origin.
45.
by latencyloser 8y ago
> Picking up those pennies in front of a bulldozer That is not what I'm advocating at all.
46.
by latencyloser 8y ago
I feel like there's a lot of misinformation in this thread, not about the article necessarily, but markets and trading in general. Stocks are kind of the "beginner's" asset. They're fairly easy to understand concept
47.
by latencyloser 8y ago
This reminds me of when I was working at Microsoft and a colleague said to me: "I don't know how anyone raises a family off less than $130k/year." I laughed and asked him if he'd ever been anywhere in the US outside
48.
by latencyloser 8y ago
I'm really sick of articles like this. Amazon or $insertCompany that isn't paying taxes didn't do _anything_ illegal. Don't hate the player, hate the game. If shit like this bothers you, write your local representatives
49.
by latencyloser 8y ago
I'm not sure about Amazon, but we do the memo thing at Jeff's other company, Blue Origin, as well. Charts are fair game and I've used them a few times. I've noticed others at the company use them too, but sparingly.
50.
by latencyloser 8y ago
As someone who made the opposite transition: no. My colleagues that are still GUI bound are generally slower at accomplishing most day to day tasks. Committing, rebasing, merging, pushing tags, etc.
51.
by latencyloser 8y ago
You generally only have to guarantee the ordering of _some_ events--not all of them. Ideally you want a way to partition your data such that ordering is only important per partition. For example, when I worked in derivatives trading, we onl
52.
by latencyloser 8y ago
Personally, I have the opposite opinion. I took a pay cut to leave Seattle ( I lived in Chicago before that, I've lived in dense metro areas for many, many years now) so I could go live in a smaller town. I can actually afford a house.
53.
by latencyloser 8y ago
Just adding on that this is my experience as well. Objects usually fell into one of two categories: discarded immediately or held for the entire application lifetime. Anything in between was problematic. Most things ended up using object po
54.
by latencyloser 8y ago
As someone who went to a "lower-tier" school. I hate how true this feels sometimes. My colleagues who went to big name schools all seem to be in some sort of "club" together. At least, they have shared experiences that I
55.
by latencyloser 8y ago
Not me, no. But if you've got a good money manager they can/will do this sort of thing if you ask. Otherwise, this is sort of how a hedge fund works--delta neutral portfolio management. You can always try to join one of those.
56.
by latencyloser 8y ago
Yes. I "algo" trade equity options. It's strange to me that I don't see much mention of this answer given all the argument about stocks being a 50-50 bet. Options let you just roll the dice on probabilities off the assum
57.
by latencyloser 8y ago
I'm gonna second this. Started my career as a software dev at a commodities exchange. Pay was excellent for the area I lived in and my experience level, 9-5 was 100% standard and enforced by the team culture, on-call was nonexistent as
58.
by latencyloser 9y ago
One of the founding principles of the US was the right of its citizenry to protect itself from the overreach of the government, which was enabled partly through the right for citizens to own firearms and other weapons. They're a means
59.
by latencyloser 9y ago
It was removed, but also (and maybe because) it was nearly impossible to effectively enforce. Gun restrictions would very much experience the same problems. There are millions of guns and gun owners in the US and many of those people are fi
60.
by latencyloser 9y ago
Yes, essentially. He understood it was some kind of currency. But wasn't sure _why_ people used it, _what_ they really used it for or what all the hype was about. He bought mostly due to fear of missing out.

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