Viewing profile — antasvara

It's humans from other banks/funds bidding on the block of stock. As far as timing, for this situation it's basically overnight for regulatory and price reasons. Regulatory because…

They might not have known it was SA specifically. That being said, they definitely knew a large fund with leverage was buying these stocks. The mechanism here (and I'm not an exper…

Even in the optimistic case where SA did have alpha, the position sizing was way out of whack. Based on the volatility of the stocks they were buying, the Kelly Criterion meant you…

Just to jump in: Citadel buying this portfolio says nothing about how Citadel feels about the stocks. It's the bread and butter of large HFT hedge funds; if you see someone that ha…

Sure, a college student can tell you if a company is making or losing money. But there are ample examples of "good" companies crashing because they didn't react to shifts in the ma…

> a "good" CEO is just one that keeps their hands off the levers of power, doesn't rock the boat or fuck anything up, and quietly lets a good company perform How can you tell if a …

From the financials, it's a little of both? Memory is the acute issue causing their struggles; their most recent quarter saw a gross margin of 4.5% (that's revenue minus the direct…

>the ones who don't want it enough will go away, and the ones that do will want it enough that it's worth your while.. Counterpoint: if you think you need to pay for my attention, …

The paradox is that the person most likely to do extra work is the person you want to hear from least. If someone felt the need to pay (for example) $5,000 to talk to me, it's prob…

I feel like you're ignoring the size of each of these impacts. Sitting around a campfire once a month will likely increase your cancer risk. But it increases your cancer risk way, …

> This person probably had the best diet in the world and received top tier care, so how did he end up with something like that? If you lower your chances of dying of every common …

>What else would this be but intelligence? Imagine if your AI didn’t know what words mean and couldn’t do math and you still tried to make the assertion that it was just as intelli…

Is there a reason you expect IQ to be unbounded? Feels like there are physical constraints, at which point you're sampling from a truncated normal distribution (or similar).

The abstract quite literary cautions against the way you're interpreting the data. The relevant quote: > Notably, these gains do not uniformly translate to a rise in underlying GMA…

My understanding is that Musk doesn't have a controlling share of Tesla. So by the letter of the law, a SpaceX acquisition would qualify as a change in control (because we've gone …

>What would it mean if SpaceX buys Tesla though? Does the combined market cap count? That would be wrong. I took a look at the proxy statement as they have it outlined in this [0] …

True, but "a better apple" is unequivocally less impactful than "you no longer have to walk to the river any time you want to drink a glass of water." I think it's easier to see if…

Yeah, it gets weird when you start trying to compare human versus AI energy demands because you can turn a computer off, but you can't really turn a human off. Most studies indicat…

>The innovations aren't better versions of things we had in the past, they are more so unique new inventions. Plumbing is not electricity is not globalized food chains is not compu…

The parent comment is quoted as: > in one assignment I remember comparing the energy outputs between the human and robot equivalents of different tasks, whether or not the robot wa…

This point is valid. However, lifestyle improvement rate is something that's slowing over time because of physical constraints. For example, the vehicle mortality rate is 1.44 per …

Studies on grandmaster chess players indicate that at most you burn 10% more calories when engaged in deep thought than when you're at rest. So the energy "attributable" to an hour…

> but there were no privacy features before. so we’re actually still much better off than we were for hundreds of years before this. One notable thing we have today that we didn't …

I assume (and this is a big assumption) that the US government will be focused on limiting access to the latest model, not necessarily everything smarter than Fable 5. Having acces…

Your intuition is largely correct. For any given level of adaptive problem solver, approximately 55% of those people share the same literacy level (i.e. a Level 1 adaptive problem …