yanofsky
Joined 14 years ago
Joined 14 years ago
"We went to all this trouble because there is perennial fascination with the flying habits of the 2,800 Davos delegates. Use of private aircraft, though often wildly overstated, highlights the vast wealth and power that descends upon this small skiing town in the Swiss Alps each year. And their transportation choices are frequently criticized for their environmental impact at a conference that seeks solutions to reducing carbon emissions, among other topics."
- The approximate volume of helicopter traffic that fly into and out of Davos, which was previously unknown
- The approximate number of helicopters that fly into and out of Davos, which was previously unknown
- The exact types of helicopters that were flying around Davos, which was previously unknown
This data also provide a benchmark for future analysis of and reporting on helicopter use patterns at Davos and elsewhere.
Of course once you’ve made enough money it would be impossible to put it all into one stock without drastically affecting the stock’s price. Before long, you’d find that there were not enough shares to buy, or that you had purchased an entire company—a situation that we ignored for our analysis.
Here are some damning excerpts:
"“Did you take the strats?” asked one (meaning Goldman’s trading strategies). “No,” said Serge. That was one thing the prosecutors hadn’t accused him of."
"McSwain [the FBI agent] later conceded that he didn’t seek out independent expert advice to study the code Serge Aleynikov had taken. (“I relied on statements from Goldman employees.”) "
"the F.B.I. had not sought help from someone who actually knew anything at all about computers or the high-frequency-trading business"
David is a professional journalist living in Los Angeles, California.
Currently he's manages a team creating data driven and visual stories for Quartz. He's @YAN0 on twitter
[ my public key: https://keybase.io/yanofsky; my proof: https://keybase.io/yanofsky/sigs/TPBWBYVojGLA3rF0-Nx5kw0XhCHzszxLCXJGlKaLSX4 ]