nly

56 ms·

961.
by nly 4y ago
If it was easier to have scoped id's it wouldn't be so bad. For example, instead of one OrderID for all orders in the order table, have customer specific order numbers that start at 1, and are only unique in tandem with a customer
962.
by nly 4y ago
I'm British. Let me give you some intuition. 30C+ is too hot to go outside. 20-30C is a hot summer. 12-20C is the rest of the year. 0-12C is jumper weather or freezing to death in your home, depending on whether you can afford your ene
963.
by nly 4y ago
Pretty sure a Bloomberg terminal subscription doesn't get you unlimited data at all the venues. You still have to pay extra to subscribe to individual feeds. And yes, you're right on these costs. Some exchanges will charge large
964.
by nly 4y ago
> in a world where trades are reaching the 3 millisecond and below mark Industry average for those colocated and trading using software is going to be closer to something like 20-30 microseconds
965.
by nly 4y ago
I've always thought not being friends with your coworkers is a defense mechanism. Most of us have to work to survive, so getting emotionally involved and ending up with an uncomfortable or toxic environment (one with conflict and favor
966.
by nly 4y ago
Even a couple of generations ago things were very different. Maybe Americans don't see this so much because it's a country of migrants, but it was common over here in the UK, just a century ago, for people to spend their entire li
967.
by nly 4y ago
The stock market is not the economy
968.
by nly 4y ago
It can be worth agonizing over the decisions early on while the system is simple and easy to change. Later on it's often not logistically, politically or socially justifiable to go back and fix or improve an original bad design decisio
969.
by nly 4y ago
One of the funds you list is leveraged 3x. If the market drops 33% you're wiped out, get liquidated, and can never recover. You've already made the assumption that you can detect the market bottom to select when to drop the $3K, w
970.
by nly 4y ago
Over any sensible period of time, like a year, essentially all lone wolf day traders lose money
971.
by nly 4y ago
It's not just like you can just have a few hundred lines of secret sauce implemented in Python and then go and fill your boots. The costs of maintaining a trading platform are very high. You have to be colocated with brokers/exch
972.
by nly 4y ago
They'll have their cost centers in places like NY and London incorporated separately, making consistent losses, and then the arm doing actual trading will be in Bermuda or somewhere with 0% business tax.
973.
by nly 4y ago
Or suffer a loss to cancer. That changes kinds quickly too
974.
by nly 4y ago
It's probably pretty easy to keep the returns on a pot as small as $10bn sweet if you just reserve all your best alphas for that fund. There are proprietary trading firms trading pots that size for a single shareholder. What I've
975.
by nly 4y ago
Capn'Proto isn't that bad. I've used the C++ quite a bit, and while the authors code style isn't to my taste it's fairly well designed (nice layering that lets you implement different use cases, like integrating the
976.
by nly 4y ago
But it makes a perfectly reasonable application file format. Coupled with schema evolution and an ORM it's pretty sublime.
977.
by nly 4y ago
It's all trade-offs. Flatbuffers trades off encoding speed, programmer ergonomics and binary size (it produces many bytes and it's awkward and still pretty slow to encode) for decoding speed (almost a no-op if you forego buffer v
978.
by nly 4y ago
> they can't write loans against it You can apply leverage to almost any business model. E.g. seems to be some overlap with the pawn broker lending business here in my view. Here in the UK lots of moderately wealthy but illiquid ind
979.
by nly 4y ago
DevOps engineering seems to mean "engineer who knows Java AND yaml"
980.
by nly 4y ago
In the UK it's just an ingrained cultural difference. There's a natural skew in the UK for public businesses to focus on making profits and paying dividends, both of which don't help growth. Meanwhile, many British entreprene
981.
by nly 4y ago
The same is true of London to a degree. London is dominated by private finance and trading firms, and many of those employing techies will be making a paper loss as far as HMRC is concerned, while their overseas arms make all the profit in
982.
by nly 4y ago
Because nobody spending 50% of their take home pay on rent will ever be able to retire. This all basically boils down to defined benefit pension schemes being a thing of the past. My dad worked for the same company for 30 years, paid off hi
983.
by nly 4y ago
And AWS is expensive. Hard up businesses could cut serve costs
984.
by nly 4y ago
And Apple is like 4% of the global investable equity market (weighted by market cap)
985.
by nly 4y ago
Why didn't he sell and then rent something less comfortable (i.e. cheaper) for a while before going back into the market chain-free?
986.
by nly 4y ago
It's a cute theory, but the reality is most employers want you to be relatively efficient from day dot. I work in a team with a codebase split 50/50 between C# and C++, and if you're not proficient in one of those then the ch
987.
by nly 4y ago
The primary purpose of a centralised order book is pool liquidity and enable price discovery. Interaction with the fiat system is fairly easy once you have 1 reputable party willing to issue a digital token with 1:1 redemption
988.
by nly 4y ago
Hey, that's the combination on my luggage!
989.
by nly 4y ago
So a successful IPO then. Private equity investors made out like bandits
990.
by nly 4y ago
The reference count on each element would presumably require atomic operations that could race with those used to update the actual data structure, and therefore you'd lose all your concurrency guarantees?

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