Viewing profile — rchi

I had the same experience on fact checking

I was taught it costs 100million dollars with one in ten chance of success

You are proving my point. There are many difficulties to fixing the system. Broken system persists because 'solutions' cannot be easily/successfully implemented.

I wonder if Goldacre's solutions would actually help. If it's so easy to fix the system, people would have already done it.

I really enjoyed Simonton's work but was quite surprised by the equal-odds rule you mentioned. It doesn't seem to apply to scientists at the highest level e.g. Einstein.

because most people secretly desire to be rich - that desire is in our cognitive makeup, so is the desire to bash rich people.

this is becoming a cliche!

great article. it's refreshing hearing from someone who feel secure about their life.

Science is not stamp collecting. It's hardly about putting in the hours, and all about originality. Many Nobel Prize winners have hobbies in music or art.

it's all about originality, which she clearly lacked.

poems are extremely expensive in terms of time. only those with the sharpest mind can afford to create them.

I had similar experience with AirBnb in NY too. It was a week before I wanted to go and it took me about 10 requests to get one that's available.

potential counter arguments can be found in daniel pink's interview at econtalk.org http://www.econtalk.org/archives/2010/08/daniel_pink_on.html

It's ridiculous to say that there is no talent. obviously, talent, passion, zeitgeist, deliberate practice, luck etc all matter. each factor in your favour nudges your probability …

it's funny that the reward of starting a hedge fund is 'marry that yoga instructor'. 1. seems like a pretty indirect strategy for getting what you want. 2. quite an insult to the y…

The following is from a talk at the New York Public Library. ERIC SCHMIDT: But in fairness to those people[finance people], had they come to Silicon Valley in 1999 they would have …

What's interesting is that stories like this have been around for decades but never deterred young ivy league grads from joining Goldman when the industry is popular. Now so many p…

1. If 4 mil at 30 is not enough, it would never be enough. 2. Someone with the drive, intelligence etc to accumulate 4mil by age 30 would be extremely bored retiring at 30. 3. Ther…

on the titanic, 46% of women in the 3rd class was saved whereas only 33% of men in the 1st class survived.

how much do a second year trader make at these prop trading firms?

how does tradeworx compare to jane street capital?