mathattack

339 ms·

1. 4501.▲
   by mathattack 12y ago

   Yes. In the short term markets are a voting machine. In the long term it's a weighing machine. That's to your point about arbitraging back to fair value. How hard is it to short Bitcoin? That will determine the susceptibility
2. 4502.▲
   by mathattack 12y ago

   The same argument held on Amazon, as the shorts got crushed on it's rise. :-)
3. 4503.▲
   by mathattack 12y ago

   There are two competing theories... 1 - When there's not a lot of volume, you can't trust price movements because it doesn't represent a critical mass of opinions. 2 - When there's too much volume, you can't trust p
4. 4504.▲
   by mathattack 12y ago

   This is interesting because: 1 - Many efficient market theorists say there is no information is past price movement. 2 - There's a well known January effect in the stock market that's acknowledged by those who believe in #1. I loo
5. 4505.▲
   by mathattack 12y ago

   Fair enough. I cite Harry because he's the one doing the dumbest things in his free time. (Though not that much worse than when I was 19)
6. 4506.▲
   by mathattack 12y ago

   Cold calling is one of the hardest jobs in the world. The people who are good at it, and can think on their feet, are worth their weight in gold. Maybe even worth their weight in bitcoins.
7. 4507.▲
   by mathattack 12y ago

   I am with you in concept, and the idea of royalty seems crazy when the current generation has more in common with the Kardashians and Hiltons than anything seemingly royal. That said, I think it's ok to honor a deal of, "Walk away
8. 4508.▲
   KCG Holdings Suspects Its Trading Code Was Stolen(online.wsj.com)

   1 points by mathattack 12y ago|0 comments
9. 4509.▲
   Bitcoin is back: Price quietly jumps 80%(cnbc.com)

   89 points by mathattack 12y ago|95 comments
10. 4510.▲
    by mathattack 12y ago

    True. I'm just identifying the model. They also need not be mutually exclusive. You want the intersection of helpful, ethical and successful. If you're missing on any of them, you probably won't be helpful. I think finan
11. 4511.▲
    by mathattack 12y ago

    This is so unbelievably true. I worked at a firm where the opposite was true. The VP of Marketing spent a lot of time inviting himself to existing customer meetings, wasting exec time on magic quadrants, and hiring his buddies to do marke
12. 4512.▲
    by mathattack 12y ago

    Yes - the magic is stripped away by very clear algebra.
13. 4513.▲
    by mathattack 12y ago

    This is similar to universities, where most of the trustees are extremely successful former alumni. I think that's the model they're trying to follow.
14. 4514.▲
    by mathattack 12y ago

    I found the Netherlands numbers strange, but then worked on a Dutch project. They were very industrious, and planned things well in advance, including avoiding work on Fridays or during their sacred vacations. If you can pull off 1400 hou
15. 4515.▲
    by mathattack 12y ago

    Yes - letting go isn't about excommunication, it's about "You do your thing, and that's fine. I do mine, and that's fine too."
16. 4516.▲
    by mathattack 12y ago

    Is it belief, or a nod to custom?
17. 4517.▲
    Unemployment Is About to Fall a Lot Faster than Predicted(blogs.hbr.org)

    4 points by mathattack 12y ago|1 comments
18. 4518.▲
    by mathattack 12y ago

    Linguistics is a fascinating field. I suspect there is a lot behind which sounds are culturally biased, and which are universal. I recall a study that said "spit" is the least corrupted word across languages. (Because the sound
19. 4519.▲
    Why Have Female Hurricanes Killed More People Than Male Ones?(phenomena.nationalgeographic.com)

    2 points by mathattack 12y ago|0 comments
20. 4520.▲
    by mathattack 12y ago

    My sense is they wanted "Their" language, as opposed to Go (Google) or Java (Oracle) or another tied in to a vendor.
21. 4521.▲
    by mathattack 12y ago

    Thanks for sharing!
22. 4522.▲
    What it feels like to be rich(linkedin.com)

    4 points by mathattack 12y ago|1 comments
23. 4523.▲
    by mathattack 12y ago

    Exactly - same issue as airplanes. They are forced to chase the bottom by external websites, so they nickel and dime you for everything along the way.
24. 4524.▲
    by mathattack 12y ago

    I agree. There are two paths for the hotelier. 1 - Pay employees a lot better, disallow tips, and make everything "All in" for the customers. 2 - Pay employees slightly better, and take all the discretion out of their jobs.
25. 4525.▲
    by mathattack 12y ago

    It is almost by definition the agency problem. The hotel's agent has their own best interest in mind, rather than the hotel's, and can get co-opted by a small bribe.
26. 4526.▲
    by mathattack 12y ago

    Bribing is efficient, otherwise it wouldn't work. Would your opinion be different if you were the hotel owner, and the person bribing the clerk was on an expense account anyway? (I know - not the current situation)
27. 4527.▲
    Online surrogate dating confessions(businessinsider.com)

    1 points by mathattack 12y ago|0 comments
28. 4528.▲
    by mathattack 12y ago

    This is a head scratcher... The most modern educational innovation is being applied for the least modern language. I guess it makes sense. There are lots of in person training programs for Ruby and Python, but not for Cobol or Ada.
29. 4529.▲
    by mathattack 12y ago

    Great idea, but Holy Moses these programs are expensive. I hope things work out for these highly qualified kids, but is a $12K summer program the most efficient way to fund the future of these kids? Granted the Ivy Leagues are generous wi
30. 4530.▲
    by mathattack 12y ago

    I like the idea of passive job searches, but what's this have to offer versus similar services? (Like LinkedIn, Monster, etc)