masonium

53 ms·

1.
by masonium 3y ago
The article cites a study by Business Insider, but the link actually links to a completely different article (from the Atlantic) that, ironically enough actually makes the exact opposite point of what this article is trying to make. Busines
2.
by masonium 4y ago
Stocks give you dividends from the underlying company. You reap a realized return (for most stocks) even if you never sell.
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by masonium 4y ago
Why would someone use this over palette ( https://github.com/Ogeon/palette )?
4.
by masonium 5y ago
Their actual rates on most cryptos are much lower than 9%. https://blockfi.com/rates/ BTC is 0.1% above 0.35 BTC. ETH is 0.25% above 5 ETH. I think we can agree these are not high rates. On the flip side, the rates
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by masonium 5y ago
I've seen this error a lot when working with two different versions of the same library. Specifically, you can directly include version A, but a different library depends on a version B, with some of that exposed in the public API.
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by masonium 5y ago
That's mine main contention. PFOF price improvement might be hundredths of a cent (per-share) off of a 3-cent lit spread. But, if PFOF were banned and all that volume were lit instead, the lit spread might actually be 2 cents, so you&#
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by masonium 5y ago
PFOF does not tighten "lit" spreads. PFOF does offer price improvement, which can effectively decrease the spread *for a particular marketable order". However, PFOF drives volume away from the limit markets, which determine t
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by masonium 6y ago
I think it's a function of employee growth, moreso than turnover. They grew from 35.6k employees in 2018 to 58.6k employees in 2020, so almost 40% of their current workforce was non-replacement hiring in the past 2 years.
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by masonium 6y ago
What you describe is probably mathematically impossible, but it definitely does not reflect reality. Facebook's median tenure is 2.3 years, so at least 50% of all people at Facebook were hired during the past 2.3 years. If there were a
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by masonium 6y ago
Except any reasonable proposal for a wealth tax typically leaves the first 5-10 million untouched and marginally taxes amounts larger than that. If you have $10 million in the bank, you're not just a "saver" or "refraini
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by masonium 6y ago
Robinson argues that two particular pieces of work are poorly structured logically and insufficiently backed by evidence. He posits a particular source for how these arguments were constructed in the first place (that the authors mistake th
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by masonium 6y ago
Would you mind being specific? Are you making a claim about the author in general, or this particular essay? What is an example of a claim in the essay that you think is vapid?
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by masonium 6y ago
That's not anywhere close to the author's core argument. I'll let the author speak for themselves: 'They also are both good examples of a kind of fake social science, whereby you simply make unsubstantiated observa
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by masonium 6y ago
The initial discussion of the article on YC almost touched on what the article hits, noting that Paul Graham is actually quite vague in specifically what behaviors he finds troubling, or what debates he thinks can no longer be had. But, I t
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by masonium 6y ago
To be clear, it's possibly a political statement but it's hardly an ad , at least in any sense that people (Americans?) traditionally use the term. I also don't think that the existence of 'more important' issues
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by masonium 7y ago
How would that be more complicated? Setting up a DAF is quite simple. You'd only have to transfer to one address, rather than collect addresses and transfer to one per charity (many of whom probably have to set up wallets). You only ha
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by masonium 9y ago
"For US customers, your USD balance is covered by FDIC insurance, up to a maximum of $250,000." You literally didn't even bother to click on the one link in that comment.
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by masonium 9y ago
> In other words, the bet didn't really prove anything other than that the hedge fund industry overall is less attractive than the broader market. The context of the original challenge suggests that this was the intention. I actuall
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by masonium 11y ago
I just made an issue on github, but the uniform distribution looks wonky at the right endpoint.
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by masonium 12y ago
As a designated market maker, there are probably regulatory requirements that force them to be in the market. Granted, if they'd known the full extent of the damage, they almost certainly would've pulled the plug. But, I'm gu
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by masonium 12y ago
Or, ...add sleep(rand(..)) to each lookup, regardless of result.