Viewing profile — kvcc01

I listened to Bernanke talk about this once. The academic view seems that things weren't that awful until 1931, when a large Austrian bank failed (Google Creditanstalt), which trig…

It seems the indices are down 30% or so from their prior highs, which is unpleasant but nothing like the 1929-32 period. Even Nasdaq had cratered far worse in the early 2000s. By c…

I use kdb/Q at work and it’s a fun tool to play with so long as someone else is paying for it. It is quite common in finance (and comparably uncommon outside of it). It’s very expe…

Of course! What makes this letter effective and relatable are all those little things that wouldn't have passed the ordinary editorial, legal, or PR filters, if it were written by …

I read the whole letter and loved the tone of it! It jumps at you right away that: (1) Here's a guy who really cares about his business, its future, his employees. (2) He talks can…

Yes, there’s a "frequency spectrum" of sorts and HFT is at the short end of it. Here, your models monitor and react to trading tick-by-tick, and execution speed is paramount. It’s …

I work in quantitative finance and find that basic probability and statistics help a lot in this field. In fact, they are almost like prerequisites for hiring. That said, I think e…

This degradation in comforts of air travel is very regrettable. Especially when it comes to seat pitch, coach class is clearly denied what is necessary and, worse still, this is in…

Snapchat is doing well. I sometimes get on the bus around the same time when the local high school is dismissed, and watch in amazement all the kids pull out their phones and work …

I agree with you both. "One can, and one should," and it’s even better if the profession provides a mechanism to remove from practice its own worst offenders. The AMA/ABA examples …

A Hippocratic-like oath by itself would be useless without a powerful professional organization watching out for our interests. If I take the moral high road and get fired by my MB…

Seeing Prof. Nash enjoying his walks on campus is one of my fondest memories from grad school. This is very sad. I was curious to learn more about his work a while ago and had look…

Whenever I walk in Central Park in the evening, I pay attention to how many windows of adjoining buildings have their lights on, as a rough proxy of current occupancy. Billionaire-…

I was curious about that myself (for the obvious reason :) I presume some of the deeply nested comments tripped a flamewar detector, and the ranking cratered thereafter. (I remembe…

I think this was a fine article with a terrible title. I worked out of WeWork’s SoHo office in NYC for a while and was pleased with the details they got right to make themselves at…

In the typical case, CEO pay is determined by the compensation committee of the board of directors. The comp committee, in turn, hires a compensation consultant, who presents the b…

Your story is very sad, I'm truly sorry. An important risk factor for career-oriented married men is total abdication of social efforts and leaving it to the spouse "to manage the …

Yes. Unlike the parent, I welcome reading such stories. It keeps me cognizant of the risks of ignoring mental well-being. I think our professions (programming in particular) has mo…

One area I’ve seen math and programming interplay is quantitative finance, i.e., quant-developers attached to trading desks in Wall Street. In this microcosm, the people I see rise…