leroy_masochist

77 ms·

721.
by leroy_masochist 12y ago
I think it definitely applies to the tech industry and in fact these tactics are pretty universal. For example, I've seen them applied by basically the entire paints & coatings industry's corp dev teams when we were exploring
722.
by leroy_masochist 12y ago
Good question, to be clear, these agreements don't stop employees from leaving on their own volition but rather make it easier for the target company (the one being diligenced) to get damages from the potential acquiror if they aggress
723.
by leroy_masochist 12y ago
I used to be an investment banker and dealt with corp dev guys (gendered pronoun used intentionally and accurately) all the time. PG's article is spot-on. One additional thing to note is that the diligence process can be an intelligenc
724.
by leroy_masochist 12y ago
Great point in here about "diplomatic immunity". One of the coolest parts of traveling to out-of-the-way places. People open up to you because you're an impartial observer. That said, author is annoyingly in love with himself
725.
by leroy_masochist 12y ago
Thanks for setting me straight, do you have any sources for the account of what happened in the 50's? I'm a history nerd and would love to read up on it.
726.
by leroy_masochist 12y ago
It's not really a chicken / egg issue, and the tactical logic of fire and maneuver long predates WWII. Yes, the StG 44 was a revolutionary weapon and certainly influenced the AK and Stoner designs, but I'm not sure I buy the
727.
by leroy_masochist 12y ago
USMC OIF vet here. A lot of great comments here but most appear to be missing one key idea: the primary purpose of the infantry rifle is not to kill, it is to suppress. When infantry tactics are properly executed, irrespective of clime and
728.
by leroy_masochist 12y ago
> Terrorist groups are nothing like the barbarians that eventually brought down Rome, and I think you know it. I beg to differ. http://www.dailymail.co.uk/news/article-2868419/Thrown-roof-...
729.
by leroy_masochist 12y ago
> Why does terrorism frighten people so much that they're willing to throw away basic principles like "innocent until proven guilty"? Great question, and one we should always keep in mind. The death toll from terrorism on
730.
by leroy_masochist 12y ago
I wouldn't say that any of these techniques are "basic/standard", and I used to work in the field. You can get plenty of information out of someone without laying a finger on them. In my opinion the question is the exten
731.
by leroy_masochist 12y ago
The number of people in developing countries walking around with an internet-connected computer in their pocket is growing exponentially. This fact has the ability to greatly increase people's access to the basic quality-of-life servic
732.
by leroy_masochist 12y ago
I thought the points in this article were made more humorously here: http://waitbutwhy.com/2013/07/12-types-of-people-youll-find-...
733.
by leroy_masochist 12y ago
This is the first PG essay that I really strongly disagreed with upon reading. I don't think that anyone should aspire to being mean, but PG's arguments seem way off the mark. PG doesn't stop to define "mean", and
734.
by leroy_masochist 12y ago
A guy I served with credits weekly shroom trips with helping him deal with his PTS symptoms. He was not exactly a tree hugging hippie when we were both in uniform so it's good to see him being so open minded about solutions to his prob
735.
by leroy_masochist 12y ago
Is it just me or does it seem like there's an outlier in the table that accompanies the article?
736.
by leroy_masochist 12y ago
Not really. If one drops out of a service academy or ROTC before the beginning of junior (3rd) year, one owes nothing. Also, the rules about this are spelled out in explicit detail, not just in the fine print in a caveat-emptor kind of way,
737.
by leroy_masochist 12y ago
Apologize if this is a dumb question but is the point here to make a language that's somewhat analogous to a stenographer typewriter or a Dvorak keyboard or something? In other words, you can write out new code in Jisp, then hit the co
738.
by leroy_masochist 12y ago
Tomato, tomato. They're trying to make markets quicker than anyone else which requires a split-second understanding of directional trends in the spread, i.e., momentum.
739.
by leroy_masochist 12y ago
Public companies almost always release the headline numbers -- revenue, EBITDA, net income -- ahead of the bell, so your "compare to predictions" argument is mostly moot. In terms of building something automated to examine the det
740.
by leroy_masochist 12y ago
I'm not sure this is really much of a scandal. HFT / algo-trading firms are generally trying to make a buck on market momentum, not fundamentals. Investors who take time to actually read and interpret financial statements, if they
741.
by leroy_masochist 12y ago
"The MBAs that fit the stereotype usually identify themselves strongly with their education, and they're in the minority." Exactly. I've noticed over the years that one can find people whose self-esteem is grounded in th
742.
by leroy_masochist 12y ago
I figured this would be a lively comments section. MBA-hatred might be the most common blind spot in the Valley, and it bums me out. Within the historical context, the animosity makes sense; during the 99-00 bubble, fast-growing companies t
743.
by leroy_masochist 12y ago
"Part of the issue is that BP also sells futures, and they have the ability to influence the futures price." BP is a huge company for sure, but it produces about 4mm bbl/d of oil and world production is 90mm. So they definite
744.
by leroy_masochist 12y ago
Yes.
745.
by leroy_masochist 12y ago
I'd agree with you to a large extent; a better, more precise way to put it would be to say that long/short equity hedge funds have to be engaged in de facto insider trading* in order to consistently generate enough alpha to attrac