yellowstuff

8 ms·

31.
by yellowstuff 3y ago
Java marketing in the 90s was more intense and much less organic, since it was totally driven by Sun.
32.
by yellowstuff 3y ago
No, the consensus estimate was a .3% rise, so a .2% rise is lower than expected by Wall Street analysts. You may be confusing rate vs level.
33.
by yellowstuff 3y ago
What about this story makes you confident they had the assets to pay out the client balances they reported?
34.
by yellowstuff 3y ago
Yes, every hype cycle brings reckless gamblers and outright conmen, but crypto is remarkable for the high ratio of scams to value produced. This was also true for the real estate boom preceding the 2008 crash, and the invention of stocks in
35.
by yellowstuff 3y ago
Yes, trusting grifters to play by the rules. In crypto the most important risk is counterparty risk.
36.
by yellowstuff 3y ago
I said yes to about half and also got 11%
37.
by yellowstuff 3y ago
If someone invented a new thing that was possibly but not definitely a drug requiring FDA approval, and the FDA refused to make an explicit judgement on it for years as it grew to a huge industry, then eventually brought down the hammer, th
38.
by yellowstuff 3y ago
My wife has written cookbooks and worked as a recipe tester for cookbooks, blogs, and even the little recipes on the back of bags of flour and stuff. I’m sure not every published recipe was tested, but a lot of them were. Some by me, an ine
39.
by yellowstuff 3y ago
On the contrary, equities markets need the liquidity HFTs provide to function well. Before HFTs there were human market makers who played a similar role in equities markets, but charged far more to do it. HFT is a story of efficient technol
40.
by yellowstuff 3y ago
Tesla was a lot weirder than Einstein, but Einstein's personal life was not totally normal. He wrote his wife a letter saying “You will expect no affection from me”, cheated on her with his first cousin, then married his first cousin,
41.
by yellowstuff 3y ago
Basically. There are a ton of logistical problems, but a major one is that the big office buildings in Midtown have a lot of interior space with no windows, and apartments need windows. A recent study in NYC found: "Most conversion pro
42.
by yellowstuff 3y ago
Sure, in an idealized enough world you can make many statements true. In the real world people buy and sell stock for many reasons, and value different types of returns on different time horizons, and it’s likely that for a majority of stoc
43.
by yellowstuff 3y ago
Surely you need to keep the data inside your own system and can’t send it to OpenAI, right?
44.
by yellowstuff 3y ago
It's internet speak for "I agree with this."
45.
by yellowstuff 3y ago
Matt Levine has explained the Fed's disdain for narrow banking. Fed payments are a subsidy for regular banks, and regular banks are effectively public/private partnerships that make loans, enforce regulations, and generally satisf
46.
by yellowstuff 3y ago
Yeah, this seems pointless. Here's an example of the paradox: 1) Hitting both nails and screws with a hammer is a losing game. 2) Screwing both nails and screws with a screwdriver is a losing game. Paradox alert! If you hammer the nail
47.
by yellowstuff 3y ago
Lyft operates Citibike, but it looks like they make less than $1mm per month from membership fees: https://mot-marketing-whitelabel-prod.s3.amazonaws.com/nyc/M... . Not a cash cow! Members use the bikes heavily, which r
48.
by yellowstuff 4y ago
There's a 2014 paper that describes this dynamic. Clients want deposits (bank liabilities) that act like cash, but they are backed by assets that have fluctuating values. Banks need to be "optimally opaque" to make this work.
49.
by yellowstuff 4y ago
"Structuring" makes a huge difference. VCs will invest $10mm for 10% of a company, making it apparently "worth" $100mm. However, they will get guarantees such as a right to the first 30% of profit before any other invest
50.
by yellowstuff 4y ago
https://blog.janestreet.com/zero-knowledge-fpgas-hardcaml/
51.
by yellowstuff 4y ago
You have just enough information about foundations to completely misunderstand them. It's true that a major reason for the popularity of foundations is legal tax avoidance: you can donate to a foundation in a year when you have lots of
52.
by yellowstuff 4y ago
During the pandemic the US government tried to send money to just its own citizens, this was generally successful, but plagued by a ton of fraud. I don't think any organization has the capacity to get close to the goal of sending $1 to
53.
by yellowstuff 4y ago
I think that's the exception, not the rule. Many large public companies have many board members with only trivial ownership stakes.
54.
by yellowstuff 4y ago
CEOs have a ton of leverage and use it to use to their personal benefit. But they really are important- stock prices will change the value of a company by hundreds of millions of dollars based on a good or bad CEO joining or leaving, and it
55.
by yellowstuff 4y ago
That seems to be a popular internet myth, but without much evidence: https://en.wikipedia.org/wiki/Blood_is_thicker_than_water
56.
by yellowstuff 4y ago
Seinfeld's first season was not particularly good or popular at the time, it gradually improved. The US Office was similar. Even at it's best I don't like Seinfeld as much as modern sitcoms, but it was audaciously different a
57.
by yellowstuff 4y ago
Most people care about their findings replicating. The hard part is knowing what you need to do to improve your chances.
58.
by yellowstuff 4y ago
I've spent the last few years helping to launch a quant fund, so I have a sense of what institutional investors look for. I'm impressed with the thought and hard work that went into Didact, but this guy never had a shot of attract
59.
by yellowstuff 4y ago
I've heard of large consulting companies that do a "bait and switch" where the client initially talks to a fantastic technical person prior to signing a contract, then never hears from them again.
60.
by yellowstuff 4y ago
It seems like no one criticizing the article read it. There's a graph, starting in Feb 2020 so that it highlights the pandemic spike in rates and return to normalcy. And the article is written in the most neutral tone possible, pretty

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