rokobobo

9 ms·

61.
by rokobobo 6y ago
I believe RH's revenue is mostly from payment for order flow (as opposed to, say, interest on AUM), so on top of what gets them more users, higher trading activity is what gets them more dollars.
62.
by rokobobo 6y ago
I disagree with the other answers to your question. There's no guarantee that "the masses" would be able to lay claim and ownership on these automated factories. I very much think the world will move in a darker direction, wh
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by rokobobo 6y ago
I'm sorry, but is that true, that Tesla has enough data to unlock autonomous vehicles? My experience is that until you get an ML model to do X, you never know if you have enough data to train it to do X. Or is that just your opinion, t
64.
by rokobobo 6y ago
I am not defending closed platforms, but technically, you are free to jailbreak your phone, they're just not obligated to provide any support after that, right? https://en.wikipedia.org/wiki/IOS_jailbreaking#Legali
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by rokobobo 6y ago
One could argue that you bought your PC and the Windows license that comes with it because it's general purpose. And you would have paid less money if you knew it was going to lock you in. Don't get me wrong, I hate the idea of &q
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by rokobobo 6y ago
Isn’t this just a Markov process, shouldn’t we be able to calculate the exact waiting time?
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by rokobobo 6y ago
Seconded. For what it's worth, Harvard's Math 55 uses that as its textbook.
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by rokobobo 6y ago
Probably the first place to look would be CRSP (crsp.org) and WRDS (wrds-www.wharton.upenn.edu). You would need a .edu email to set up an account and get the data. (If you don't have one, hopefully you can find a buddy who does.) In te
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by rokobobo 6y ago
A hiring partner at an HFT firm once told me why they had a disproportionate number of people from MIT or Ivy League schools, especially for fresh grads: they selected for intelligence, coding skills etc., but they also needed people who co
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by rokobobo 6y ago
I agree that the current state of the company is important: if it has just hit traction and there are fairly risk-free payoffs for everyone employed to work 60-80 hours, then the fact that everyone is working so hard might be a good sign--i