georgeek
Joined 13 years ago
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Comment · 4 years ago
Same here, from both interns we've had who took a class of hers..
It's eye-opening that the salary of an adjunct faculty member at Cal with 100% appointment with classes taught to 1.5K+ students (CS61A) is less than the tuition fees of 8 students.
Comment · 4 years ago
When your family and kids appear, work stops being a 0-sum game. Instead, you're constantly arbitraging between it and the rest of your life. The good news is that you can recognise and structure it as a positive or a negative sum game.
Comment · 5 years ago
Hasselblad has its roots in military optics and space-constrained imaging solutions. They have made many professional surveillance systems over the years with smaller sensors. Hopefully this is not just a slapped logo.
Comment · 5 years ago
Burgers and sausages are some of the most detached ways to eat meat. While a steak has bones, a burger is much more abstract. There is probably a good anthropological theory behind this.
Comment · 5 years ago
Which is why you should always separate a transaction into smaller chunks - you could liquidate 20% of a position once per week.
Comment · 5 years ago
Banks do compete but it's not really an iterated game - a company only goes public once.
Comment · 6 years ago
Almost everything that one would need for daily subsistence is tied to benchmark future contracts: cattle, soy beans, rice, wheat, sugar, coffee are all traded as futures on exchanges. Most coffee in the world is traded against the Coffee C future benchmark for instance: https://www.theice.com/products/15/Coffee-C-Futures
Giving producers and consumers a way to get a standardized contract at a given point ahead in time usually makes the price of the underlying commodity much more stable.
It has been argued that the way our society operates is based on the concept of futures contracts. It all began with the Dutch tulip futures in the 17th century that stabilized flower prices and made them a viable business: https://en.wikipedia.org/wiki/Tulip_mania
Comment · 6 years ago
Chronicle Software's OpenHFT stack has a few of their libraries: https://github.com/OpenHFT
Comment · 6 years ago
Such competitions might have two goals in mind: recruiting and signal diversification. The recruiting angle is obvious.
Any alpha that is not fully correlated to existing alpha is worth its weight in gold for an organization with the size, sophistication and complexity of JS. That's part of the reason why efforts such as 2Sigma's Alpha Studio exist: https://alphastudio.com/
Comment · 6 years ago
The effect will only be seen in the future, smoothed over a few years.
Comment · 6 years ago
C&JC figured a way to finance their projects through a few big landmark donations along with a proto Kickstarter campaign. They would sell numbered plans and drawings with a deep discount before the event happens. They had different support tiers ranging from postcard to one of the first ten copies of each plan and have a thriving community of collectors.
Comment · 6 years ago
Yes: as usual with disease the poorest countries are going to be hit the hardest. If you think that Lombardy's medical facilities are bad, this will be quite the next level.
Comment · 7 years ago
Is this the hype train? Yes to a large extent. However some people at a16z do know what they are talking about. Ex: Vijay Pande is a partner there and an (adjunct) professor of Bioengineering at Stanford. He and the team around him do have an educated guess how biotech today is different from 20 years ago.
Comment · 7 years ago
It depends on the type of derivatives. Consider commodity products: basic materials such as iron ore or coal or softs such as cocoa or wheat. Their (spot) prices used to be extremely volatile. Coincidentally, one of the first big economic crisis was caused by a pump and dump scheme in tulip seeds: https://en.wikipedia.org/wiki/Tulip_mania
In this case, futures contracts for those commodity have helped tremendously lower the volatility and make everybody more responsible. It's a good question if the same is going to happen with futures contracts for crypto