Viewing profile — ham_sandwich

ah yes, a nice discussion of the central bank toolkit when policy rates are at their effective lower bound wait, what's this? Bitcoin and ethereum tickers at the top of the page? A…

Quant is a pretty broad term. Some would say it’s often working on nonlinear desks to implement/calibrate volatility surfaces and things like that or working more on the risk manag…

Is an HFT arms race necessarily a bad thing? Doesn’t the market in general benefit from these firms viciously competing to grind out spreads+inefficiencies? I know very little abou…

A famous anecdote along these lines are the whatsapp founders. I haven’t done so personally yet but it’s starting to look like I might consider this route. Several years ago, I wou…

It seems like Tesla is at a pivotal moment. On one hand there are hyper-bulls who claim Tesla is a $4000 stock and the future of transportation. On the other, hyper-bears claim the…

Isn’t it just one big misunderstanding between them? Taleb thinks 538’s probabilities represent a binary option price on the event, in which case, yes, the probabilities should sta…

I don’t work at FAANG, but the general sense I get is that while there is no doubt top DL talent that should command mid six to seven figure salaries, it seems that with AI program…

Looking at that odds chart got me in a betting mood. I think those Yang odds in the article could be steep given the exuberance of some in his online following, however there could…

You’re right. Like a lot of other engineers, I once thought “ML+High level team info=$$$$” but quickly learned that you really can’t get an edge unless you’re digging into that mor…

I just heard about this on Patrick O’Shaughnessy podcast. As a coffee-fiend, I really should look into becoming a customer, and am also interested to see what offerings come next. …

My votes are for: -the use of fire -the number 0. (Although we can debate if this was invented or discovered)

Wouldn’t large banks and other institutions be in favor of more regulations to deepen their moats? I could see why they’d want to get rid of Volckler though, so the big I-banks can…

I’ve been interested in learning about topological data analysis, haven’t dug in too deep yet, but it definitely looks like an interesting direction to zig in while the field at la…

With the rise of lambda+managed services, I think we’ll start seeing finance and development start to blend and merge. Besides giving businesses more legibility into what specific …

I think it is possible for that culture to exist on teams if it’s instilled by the coach. I have been on teams with more disciplined, formal coaches and people certainly weren’t as…

When you’re in the water that much, I think you just end up getting desensitized to it. I’ve seen things you people wouldn’t believe. Teammates going to a corner and openly declari…

As a longtime swimmer and water polo player, my eyes have been absolutely wrecked by harsh pools many, many times. However, I don’t think it’s pee. First off, every swimmer pees in…

This is a good point. There is some sentiment in this thread, and among the public in general, that Hollywood has lost its touch and is unoriginal with the deluge of remakes and su…

Yes, from the looks of it, they are well behind in self-driving tech. If it’s inevitable that self-driving will bankrupt them, why would anyone invest in them at all? The two scena…

I think it’s inevitable. Cloud providers will continue to move up the stack so other firms can focus more resources on their unique and differentiated offerings. It just seems like…

Another consideration is that FB would have to reorient their culture to sell to and service the enterprise customer. You could argue that Google is having that very problem with t…

Urban combat tactics are fascinating. I’m reminded of this post that explains how the IDF in the early 2000s would try to “walk through walls” in urban combat. It also discusses ho…

Always mind boggling to see those margins on that sort of volume. It’s no question FB is one of the greatest money-printing machines ever built. Where does the growth come next tho…

In what sense did Facebook ‘happen’? People chose to join; they weren’t forced to. Facebook qua social network is a valuable tool for many people. Now you can perhaps make the case…

I think you’re specifically thinking of covered interest rate arbitrage, in which a trader borrows in one currency at a cheap rate, lends in another currency at a more expensive ra…