mhh__

28 ms·

271.
by mhh__ 1y ago
No, but also yes in the sense that we don't even know how many people are in the country and it's much easier to make things worse for everyone else than actually confront what has happened to the nation
272.
by mhh__ 1y ago
High cost funds that will take your money perhaps (top funds are almost all capacity constrained, but will deliver a Sharpe of about 2 or 3)
273.
by mhh__ 1y ago
Checking is usually faster than writing from scratch so this is still +EV
274.
by mhh__ 1y ago
Not sure what you mean Prop shops usually come about as the partners buy out other investors in a fund
275.
by mhh__ 1y ago
Two business models: Good returns - take other peoples money, trade it, take 20% of profits Excellent returns - trade your own money, make a bit less overall but keep 100% of profits
276.
by mhh__ 1y ago
No but it's very high status amongst affluent dinner party types in the west to communicate in these entropyless parochialisms.
277.
by mhh__ 1y ago
alpha in being good at both (if nothing else you can keep more of the desks pnl...)
278.
by mhh__ 1y ago
> "We have a fancy trading algorithm that statistically is never going to outperform just buying VOO and holding it, but the thing is if you get lucky, it could". You wish lol. How do you think they pay for all the developers?
279.
by mhh__ 1y ago
"We" [0] need to get back up there before they're all gone. [0] I say "We" but I'm not American...
280.
by mhh__ 1y ago
It's not uncommon to have a fast core and then an API that alpha / research teams feed signals into if you are someone like HRT I presume the bulk of their money comes at very short holding periods so you have e.g. fast signals t
281.
by mhh__ 1y ago
I don't think that this applies to commenting on someone's blog.
282.
by mhh__ 1y ago
Well yes I think part of the reason it's slightly unnerving is that this actually how they act irl. Sometimes people need a bit of edge to 'em!
283.
by mhh__ 1y ago
My conspiracy theory is that the introductory footage of Sam in this and the Jony Ive video is AI generated
284.
by mhh__ 1y ago
this is just the way that american middle and upper classes are going. This kind of language/vibe is the default outside of a specific type of WASP IME at least.
285.
by mhh__ 1y ago
it's good that they've been working on gpt-5's abilities to eulogi\e us for when it kills us.
286.
by mhh__ 1y ago
"Don't enforce your western biases on me, respect my indigenous ways of knowing and thinking as a native bingbongistianian" can also work well.
287.
by mhh__ 1y ago
You need a good background in mathematics and some knowledge of why you should be paid a premium by the market (e.g. carry, trend, various premia and so on) Anything else requires millions of infra spend.
288.
by mhh__ 1y ago
HFTs are typically market makers so they don't really build a portfolio as per se anyway (in practice you can target a certain position obviously)
289.
by mhh__ 1y ago
Show me someone without ideology and I'll sell you a clock in London
290.
by mhh__ 1y ago
Labs like this also have huge black budget spending that we don't get to see. I'm guessing we'll see more hidden spending in future as the nukes and the engineers that made them get older. its worth asking if they even work (
291.
by mhh__ 1y ago
They will clone it
292.
by mhh__ 1y ago
The system prompt is an inference parameter, no?
293.
by mhh__ 1y ago
Every language should have this. Forget about transforming existing code, it makes new code much more reasonable (the urge to come up with OOPslop is much weaker when functions are trivial) — they're programming languages for a reaso
294.
by mhh__ 1y ago
It's JS, V8 is afaict much more advanced than luajit and jvm. Although java also has the advantage of not having to be ~ real time (i.e. has a compiler)
295.
by mhh__ 1y ago
Internal Twitter should be more of a thing.
296.
by mhh__ 1y ago
This is actually a funny thing for risk mgmt because a trader will say "I want a bajillion shares in this IPO", risk notice it and say "a bajillion!?" not realising that ask for 10x more than you think you'll get al
297.
by mhh__ 1y ago
In some ways it's a stupid comparison because back then people didn't take money that seriously because the state still knew how to hire serious talent and reward them with status instead.
298.
by mhh__ 1y ago
Most of these things are extremely valuable for humanity and therefore I think it's a very good thing that we have had a light touch approach to it so far in the west. e.g. ignoring that I find that openai, Google, and anthropic in par
299.
by mhh__ 1y ago
They could probably pay you based on loss / some similar metric during training.
300.
by mhh__ 1y ago
But you aren't an LLM (that we know of I suppose)

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