flatM

Joined 11 years ago

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Member since

Oct 31

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When I hear about technological prowess, I am expecting things like rockets that land on barges, self driving cars, and even block chains. Not web apps and mobile apps.

Most of Chinese people share the same opinion. There are huge resources poured into the areas you mentioned above. Though the progresses made on those fronts in China won't be covered by Western media, until they happened.

Comment · 10 years ago

Dropbox vs OneDrive or Google Drive could be a better example here.

Comment · 10 years ago

Two features of LEAN won me over are : 1) LEAN supports finer data such as minutes, seconds, and ticks. 2) LEAN was developed in C#, which is way faster than Python.

Comment · 10 years ago

If you're serious into retail algotrading, IB (Interactive Brokers) is the best broker you can get.

Comment · 10 years ago

For backtesting intraday trades, LEAN from QuantConnect is a better alternative.

Comment · 10 years ago

This reminds me a scene of the wonderful AniMatrix clips. Here is what I recalled (may not be exactly accurate): Escaped robots established their own country in remote area and started to export products for natural resources. Since robots never need a salary and can keep producing goods 24/7, human beings cannot compete and all countries ran into deficits and their societies collapsed. In the end, all countries blockaded the Robot country and the war started, then the rest is history.

Comment · 10 years ago

Yeah, DJI would be a better choice, if you are in the market for a drone.

Comment · 10 years ago

I used to be bullish on Xiaomi. Not any more. They seem to get into any hot sectors very quickly, but never manage to grab a big piece of pie and keep it. I wonder if Xiaomi has spreaded itself too thin.

Comment · 10 years ago

> I did not say 'democracy' -- this is an economic discussion of how capitalism, and not communism, creates prosperity.

You're right on this one. I shouldn't have put words into your mouth by mentioning it.

> Can you name a single modern large scale society at all that experiences prosperity without market economy?

I think you does have a point. Though I would agree with a bit conservation. If we are talking about market economy itself, I consider it a necessary but not sufficient condition for economical prosperity.

Comment · 10 years ago

Thanks for the nice words. That's why hackernews is the forum I frequent most, since we can have discussions over almost every imaginable topics in an intelligent and decent manner. Even it is as political and ideological as this one.

Comment · 10 years ago

Thanks for the nice words. Speaking with an accent and writing not as fluent as native English speakers used to make myself frustrated a lot. I got used to it a while ago. Though debating political or historical topics like this one is still a challenge to me. I think I need to participate more often, :)

Comment · 10 years ago

Um, not a native English speaker here. Though as long as I can articulate my thoughts to have a meaningful discussion, I don't think that's being an issue. I would rather you focus on the topic and contribute your thoughts or counter-arguments, than focusing on trivia or throw off 5 cents party stuff to close this fruitful conversation.

Comment · 10 years ago

Appreciated for your comments. Though statistically that is not very convincing: the ingredients of capitalism, i.e., market economy and democracy would lead to prosperity. We have more than two hundreds of countries on this globe, the most advanced ones are still the powers from the colonization era. In my humble opinion, those factors seem to be more of correlation than causation.

Comment · 10 years ago

I know communism left a big scar on you, which is totally understandable. The Romanian Communist government was a puppet one imposed by Stalin's Red Army, which has no legitimacy anyway. That is not the case for China. The Chinese Communist Party has led the Chinese people to resist the Japanese invaders in World War II for eight years, which gave them the legitimacy back then. The economical progress they led in China for the past thirty years gave them the legitimacy now.

Maybe it's nowadays politically correct in the West to bash China. Though I do think you're being overly zealous here by promoting boycotting China economically. China has been making huge progresses for the past three decades both financially and socially. Hundreds of millions of Chinese peasants got out of poverty and started enjoy more freedom in education, living, migration and social upwardness. On that fact alone, China should be praised instead of being scolded on.

Comment · 10 years ago

Very spot-on post. I don't have any facts or numbers though. But my gut feelings is that the percentage of people that survive the scarcity (China) or overabundance (West) are comparable.