mruts

85 ms·

841.
by mruts 8y ago
If there was a 5% the market would crash 50% tomorrow. Would you call that an almost certainty that it wouldn't happen? You wouldn't hedge your risk? If there was a 5% that you would die tomorrow, you wouldn't feel concerned?
842.
by mruts 8y ago
5% of Americans take public transit to get to work. I wouldn't call that an almost certainty that you need a car. An almost certainty would be maybe under <.001%
843.
by mruts 8y ago
Articles are meant to promote discussion, not affirmations of belief.
844.
by mruts 8y ago
I always liked Burial for programming.
845.
by mruts 8y ago
That’s good to hear. I went to a small college in Massachusetts that only had dial-up in 2008 and no cell service. The entire school shared a custom symmetric 10 mbit/s split over 500 people. Man those were the days...
846.
by mruts 8y ago
Life tells you what you should do in two ways: what you like to do and what you are good at. Of course liking something and being good at it often go hand in hand. When you are good at something, it’s fun to keep doing it so you feel better
847.
by mruts 8y ago
The only people who think Freudian psychology (and Freud’s more general writings) don’t have value are those people who haven’t seriously studied them. Not to say that they are 100% true, but there’s a lot of (profound) truth there.
848.
by mruts 8y ago
Too bad that cost is levied on people who don’t even need or want those services. The rich, childless, houseless, and single are subsidizing services for everyone else regardless of whether they personally derive any benefit. If that doesn’
849.
by mruts 8y ago
I mean, I don’t think you have enough information to say that. You might be able to say something about the distribution, but that doesn’t contain very much information about my likelihood of getting into an accident.
850.
by mruts 8y ago
I own a motorcycle and, as a programmer, the difference between a modern car and a motorcycle is like the difference between a GUI and a terminal. My bike has no electronics, just an engine and some wheels. Never am I confused at what it&#x
851.
by mruts 8y ago
You probably want 10 or 20x of that. Assuming your bets are uncorrelated and all have the same standard deviation, the standard deviation (volatility) of your portfolio is going to be: stddev_portfolio = sqrt(n)*stddev where n = # of invest
852.
by mruts 8y ago
Such an insane default. Currently programming a bittorrent client and was edited files to test some functionality. Was confused for a long time until I realized nano was turning my "echo 'this is a test' > test" into
853.
by mruts 8y ago
I like mg as an emacs-like editor that is simple and quick. Made by the great OpenBSD folks and is of great quality with good documentation.
854.
by mruts 8y ago
Why is this women so scared? She seems kind of an idiot, tbh. Who cares? Just play it cool, no one is going to kick you out.
855.
by mruts 8y ago
Higher expenses and the risk premium are orthogonal to each other. The higher the standard deviation of returns, the more premium will be charged to offset the uncertainty.
856.
by mruts 8y ago
Risk means a higher standard deviation of returns, also known as volatility. But you’re right to bring up the exposure landlords have to the real estate market. It’s unclear to me whether low valued properties or high values ones have more
857.
by mruts 8y ago
Not all of them, but engineering jobs with total comp >250k USD are not difficult to find at all.
858.
by mruts 8y ago
This is such a ridiculous article. Of course landlords are going to charge a premium in poor neighborhoods, because their risk is higher. They need to match the market's risk adjusted returns, so they need a higher return to balance ou
859.
by mruts 8y ago
If the risk wasn't higher, landlords wouldn't make more profit, would they?
860.
by mruts 8y ago
I'm not sure why you are being downvoted, because this is 100% the case. EMH posits that all risk-adjusted returns move toward the market Sharpe ratio. You can then modify the returns/vol by buying or selling at the risk-free rate
861.
by mruts 8y ago
The efficient market hypothesis posits that you can only make higher returns by increasing your risk. So it would make sense that landlords make higher returns from poor renters than rich renters. They have to price in the substantial risk
862.
by mruts 8y ago
Maybe, but America has relatively low taxes and high income. This is an anecdote, but I was looking at developer jobs in Europe and the salaries are pathetic. 65k Euros for a senior engineer with a 50% tax rate? Are you fucking kidding me?
863.
by mruts 8y ago
PPP isn’t at all relevant in this discussion. People like to just bring up PPP like it’s magic, but it’s not. You have to understand the situations in which PPP is relevant and the situations in which it means nothing at all. Moreover, you
864.
by mruts 8y ago
One of my friends lives in a shipping container in Oakland in a trailer park. She loves it and pays around $250/month for the space. When I was visiting, the people there are so nice. It’s a community in which people help each other, n
865.
by mruts 8y ago
You should try working at a bank. Finance professionals are probably the most immature group of people I have ever worked with.
866.
by mruts 8y ago
I think debuggers are actually a lot less useful than people think. Just by thinking, using a REPL, or putting in print statements you can solve probably 99% of all bugs. Debuggers are useful when you really have no fucking idea what's
867.
by mruts 8y ago
What about unions that force dues to be paid even without membership? Are those part of a sensible free market? The Supreme Court recently overturned this, but for a long time unions just extracted monopoly rents from all employees whether
868.
by mruts 8y ago
There are many possible reasons for that besides racism. Blacks are probably more likely to be smoking on the street, carrying weed with them, etc. Also black neighborhoods are policed more heavily due to crime rates so blacks are more like
869.
by mruts 8y ago
Most people can’t agree on the purpose of prison. Certainly taking bad people out of society is one view, but punishment and paying a debt is another. I don’t think many people would be happy about a murderer walking free and paying him eve
870.
by mruts 8y ago
More than fair? Fair is what the free market decides someone should be paid. And according to google, for private prisons “fair” is a median salary of $32,000/year.

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