Viewing profile — BlandDuck

This is a very good point. I think key issue is that it requires time and effort to evaluate and understand the final product. Before I starting reading something to understand it,…

Exactly. That's what the index funds would have had to do as well.

> I always found this statement to be rather wishful. Individual lowering of prices makes sense if and only if your competitor is capable of saturating the market. Otherwise, deman…

It is a concern that this could simply reflect changing naming conventions for private funds. There is nothing that requires a fund to use the "Fund I" convention. Would it be poss…

Scaling cuts both ways. You may also be underestimating the aggregate benefits of slight improvements added up across hundreds or thousands of employees. For a single person, sligh…

Standard theories of production clearly distinguish between fixed and variable costs. Moreover, it is well understood that this distinction depends on the time horizon, with more c…

I judge technical explanations of audio gear by their description of balanced signals. A common error is to focus on the positive and negative signals having opposite polarity, whi…

Exactly, if it had been obvious at the time that "the market" would deliver a better return, for certain, then nobody would have bought bonds at those prices. Then bond prices woul…

In finance there is an ongoing discussion of whether the small-cap premium still exists. For technical discussions, look for the terms "SMB size factor".

"Estimate of the remaining time before universe decays expected to be revised 10^76 times before its finally over" (conservatively assuming the estimate will be revised about once …

Too many investors, too few seats

You may want to look up the words "rams" (plural of "ram") and "humor" in an english dictionary.

Totally. Also, an attenuator is easier and cheaper to implement, because it just requires normalizing V+ into the jack plug. An offset requires an adder. My preference is: attenuat…

I love old, well-written technical books, like these. There is something about the language, directness, innocence (for lack of a better term) and careful arguments that I find inc…

I agree entirely. I have two wonderful daughters, and stories like this hit hard. There is a fiction short-story called CHICXULUB By T. Coraghessan Boyle. It is one of the hardest …

Interesting ideas. I respectfully disagree with all of them. Do you have any evidence to back them up, or are you yourself "just [...] making things up that sound good" ?

I agree entirely. As a professional scientist who routinely uses Bayesian methods to solve complex computational and statistical problems, with actual real world applications, I ca…

Look at the bright side, at least flights today are still as fast as 60 years ago. For trains, you would be hard pressed to find a route that is not significantly slower today than…

But corporate computing is also suffering from the deteriorating user experience. I have access to large amounts of harware and software through my employer. And while Microsoft Of…

I know there is a bunch of new DX7 implementations on more modern hardware, i.e., the Raspberry Pi. When implemented on modern hardware, wouldn't it be possible to run the algorith…

It is great that the URL for this website is: https://landley.net/history/mirror/institutional_memory.html In other words, it is in the "history/mirror/" sub-directory, being prese…

How does this posting coincide with the posting of this YouTube video. Coincidence? I think not! https://m.youtube.com/shorts/8s2_wjUTT-M

"We can't accept drum and bass we need jungle I'm afraid" ;)

I can also be used to poison people who read forbidden books: https://en.wikipedia.org/wiki/The_Name_of_the_Rose

Hayek makes no statement about the ability of market forces to stabilize prices. On the contrary, his point is that the equilibrium price in a decentralized market is a good suffic…