Viewing profile — socketnaut

Someone less cynical might recognize prioritization of technological advancement over video games as a good thing.

Had to triple check that this wasn't satire after reading the first two points. Focusing on familiarity with buzzwords and trendy tools is exactly the wrong thing to do.

I see, so you're saying the expected profit on the trade is $0 assuming an efficient market and ignoring trading costs? Your comment is confusing the way it's worded because the ex…

When you say "expected value" are you trying to say most likely value?

You can reliably lose money in absence of commissions by buying at the ask and selling at the bid. You can't invert that to make money.

Because most people search fares online and book the cheapest ticket.

Framing it as a loan seems like a good way to get funds out as quickly as possible while making it easier to get back anything that's misused.

It’s not a statement about fairness: it’s a statement about filtering / sampling bias.

“actualllllyyyyy” he’s saying something different. If you take a 0.3% chance for N days where N is large, you’ll land it 0.003N times, or once every ~333 days. The chance of landin…

Depends on your field. If you're studying mathematics or computer science, learning happens mostly through deep work in isolation and there's enough material out there (books, pape…

You need to be smarter than volume-weighted average, not smarter than the average participant. The demographic you have in mind is trading relatively small amounts of capital.

Calculating opportunity cost for time spent based on wages is pretty meaningless for salaried jobs. I might make $X/hr at my day job, but I don't actually have the ability to work …

The statistical claims in the article make the assumption that tweets are being sampled uniformly at random, which is most likely false. The fact that 3 machines handle 20% of twee…

Which mountain was it?

This just seems like survivorship bias. An algorithm / tool / technology tends not to remain in use if something that is both more elegant and more efficient is available. Therefor…

It's not that simple because taxes modify gains but not losses. Imagine we bet $1 on a coin toss. The expected value for either of us is $0. Now imagine the winner is required to p…

You might be more comfortable with Python syntax than with standard mathematical syntax, but I wouldn't think of it as being closer to "just a logical description" or closer to bei…

I’m all for frugality. But you wouldn’t pay $2 for the freedom to use those 45 minutes in some other way?

You're applying the "one-third rule" to pre-tax salary, but it's generally applied to take-home pay.

If you spend that much on Amazon you should look into their 5% back credit card. There is an inherent "annual fee" in that it requires a prime membership, but you spent enough that…