Viewing profile — yellowstuff

You make a valid point. Dario suggests that DoD wants to have the capacity to do domestic surveillance and autonomous killing. Sean Parnell said the DoD doesn't want those capaciti…

From Stephen Fry: "You know that scene in Animal House where there’s a fellow playing folk music on the guitar, and John Belushi picks up the guitar and destroys it. And the cinema…

I believe that Happy Days started the trend in the 70s, with Mr. Cunningham being portrayed more realistically than earlier TV fathers. Allegedly (I can't find a source) an executi…

I've worked in finance for 20 years and this is the complete opposite of my experience. Excel is ubiquitous and drives all sorts of business processes in various departments. I've …

There's a lot of confused comments on this thread. "Front running" in the strictest sense means illegal trading that involves taking advantage of trades that you know will happen a…

I'll admit that this is a charitable reading of the essay, but I think that MS was dead in 2007 and is still dead in 2025, in the sense that Graham was focused on. In the 90s start…

It looks like they contracted to buy "up to" 20,000 Jaguars: https://www.theguardian.com/technology/2018/mar/27/waymo-sel... Pretty effective press release! Nothing in it is untrue…

I've done a fair amount of technical hiring at hedge funds, my experience doesn't support this comment. There is some amount of credentialism/elitism in hedge fund hiring, but I se…

ii is also good.

Probably the most important reason this story got big is because it involved Dan Ariely, a popular author and perhaps the most famous active researcher in the world.

Off topic, but as a finance nerd I want to point out that if you know you won't touch your money for 10 years and put it in a savings account paying 5% you are bearing "duration" r…

I believe that I read in Cracking the Coding Interview that big tech doesn't consider your current job as a comp, only pending offers. They won't increase an offer because you make…

There have been several attempts. For example, Google tried to introduce a JIT in 2011 with a project named Unladen Swallow, but that ended up getting abandoned.

Great story. The part that sticks out to me is 72% (the discount that GS got due to busted trades) and 0% (the discount Knight got due to busted trades.) If you're going to eff up,…

That's what always struck me about this story. I like to think that if I was in the room we would've turned the system off at 9:31 when we knew it was working abnormally but didn't…

I believe that Mizuho had a similar check in place. This stock was an IPO so there was no last price to compare against.

Clearly the author should have stated a third time not to violate thread safety, to prevent the article from being misinterpreted.

Gotcha. I agree that the main premise of Flash Boys was wrong, HFT is unambiguously better for retail traders than the market makers that preceded it.

1) Kahneman had a chapter in his book about social priming, and endorsed the subfield, which was totally decimated by the reproduction crisis. But Kahneman himself didn't research …

Dropbox didn’t have horizontal scaling and ran off one database for a long time.

I love Keens and go there a fair amount, and I had no idea that mutton was so rare in the US. Now that I think of it I've never seen it anywhere else.

“Bust Out 1” seems basically OK to me. Everyone hates stock buybacks, but they’re economically very similar to dividends, and seem like a reasonable way for a fading company to ret…

Technically her jail sentence was for lying about her insider trading, not for the original crime.

Search for "insider trading convictions". They're not rare, and often result in jail time. Are most of the inside traders that get caught non-professional investors, because the pr…

I strongly suspect these trades are not legit. That said, the trader didn't necessarily KNOW that the deal would be announced today. Trading is a game of probabilities. It's possib…