richrichie

7 ms·

31.
Division Isn't So Bad(wsj.com)
1 points by richrichie 2y ago|1 comments
32.
by richrichie 2y ago
I would rather be rich than poor, even if i have more “problems”. It is a slam dunk case. Everything is easier, including finding love.
33.
Morgan Stanley Follows Citi, BofA in Quitting Climate Group(bloomberg.com)
71 points by richrichie 2y ago|92 comments
34.
by richrichie 2y ago
Go and C++ have pretty decent standard libraries, for example.
35.
by richrichie 2y ago
Rust is great for pet projects. Otherwise, it is a big security risk for large commercial projects, since it lacks a useful standard library and any non trivial program needs to download a thousand crates to work.
36.
by richrichie 2y ago
He had everything against him - media, law enforcement, justice system, big tech, social media. They even tried to kill him twice and he still won. So it was a big in your face landslide. Cope.
37.
by richrichie 2y ago
I am sorry to say that the elections in Russia are more reliable than that in the US, where they take a month to count.
38.
by richrichie 2y ago
[flagged]
39.
by richrichie 2y ago
So Elon’s mistake was he had meetings with heads of states like every other multinational corp CEO?
40.
by richrichie 2y ago
Indeed he is an elected head of state. Cope.
41.
by richrichie 2y ago
You understand “if any”?
42.
by richrichie 2y ago
Is that why people overwhelmingly voted for change in 2024, ironically to bring back the “dictator”? Popular mandate, all of swing states, majority of governorships, house and the senate - seems as decisive a democratic choice as it can get
43.
by richrichie 2y ago
> In fact, our current climate crisis is a demonstrated market failure. This wrong on so many levels. There is neither a climate crisis nor a market failure. If any, central economies exhibited (and exhibit) higher levels of pollution an
44.
by richrichie 2y ago
Natsume Soseki once said that reading every book from cover to cover is like marrying every girl you fall in love with. I think it was in the book Kusamakura. A physicist friend of mine changed my life by simply saying that the reader is un
45.
by richrichie 2y ago
This is like 50 push-ups a day etc. Nice, easy to remember round number and very simple instruction. For many people consistency of any sort helps and simple rules are far more effective.
46.
by richrichie 2y ago
Quality of life for the average man now is way better than it was at any time in history. A fact.
47.
by richrichie 2y ago
If we had rational cost-benefit discussion instead of alarmist fear mongering, we would not have this problem. https://www.sciencedirect.com/science/article/pii/S004016252...
48.
by richrichie 2y ago
There is a theory that Navy is running cover to hide the fact that Houthis shot it down. Houthis have downed a few Reapers this year alone.
49.
by richrichie 2y ago
They are not wrong. Do you know any mechanism other than markets that work at scale and that don’t cost a bomb and don’t involve abusive central authority?
50.
by richrichie 2y ago
Doesn’t sqlite-utils does this and more, better?
51.
by richrichie 2y ago
Theoretically yes. In practice it is extremely difficult to say no to the short dopamine shots that a smart phone can deliver. Perhaps, comparable how alcoholics struggle to drink moderately.
52.
by richrichie 2y ago
Perhaps, Renaissance has been doing this all along. Just that they had data and compute in times (80s and 90s) when most have not heard of these things. In the end, one needs a small edge and thousands of low correlated trades to take advan
53.
by richrichie 2y ago
Kelly et al took similar approach to trading. The idea was that human traders looked at charts on the screen and “intuitively” made trading decisions. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3756587
54.
by richrichie 2y ago
The biggest obstacle for me was (and is) fear or failure when it comes to solving exercises.
55.
Why Most Published Research Findings Are False(pmc.ncbi.nlm.nih.gov)
3 points by richrichie 2y ago|0 comments
56.
by richrichie 2y ago
Hence “Why Most Published Research Findings Are False”. https://pmc.ncbi.nlm.nih.gov/articles/PMC1182327/
57.
by richrichie 2y ago
Perhaps you do not understand the difference between relative prices and nominal price level. So it is natural to extrapolate that way. Try these as background reading. 1. https://www.grumpy-economist.com/p/inflation-vs
58.
by richrichie 2y ago
Muddled thinking? John is as clear as they come in econ. I have been a consumer of his writing since grad school (Asset Pricing is a standard text every econ/fin phd reads). https://www.johnhcochrane.com/research-all?c
59.
Central bankers can be too independent(grumpy-economist.com)
2 points by richrichie 2y ago|4 comments
60.
by richrichie 2y ago
I saw a recent CNN report which claimed that political orientation on X is roughly even now, compared to pre Musk version (which was about 70 left, 30 right). That might appear right wing twitter for people used to the left wing bias (unkno

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