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Ask HN: HN for Finance?

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51–60 of 77 posts

Re: Ask HN: HN for Finance?

#51
I know this is going to be considered OT, but I recommend subscribing to the FT.

failing that, getting an RSS feed of a wires service that got a good finance section (Reuters or Bloomberg.)

Re: Ask HN: HN for Finance?

#52

Unlikely. Here's a Hacker News lookalike [1] for Machine Learning. You'll see that the latest post was 11 days ago, and the one before that 29 days ago and the one before 54. Most topics have one or zero comments. And ML is a much more popular topic than finance. The great thing about HN is that it does not restrict the topics. People can bring up anything they find interesting. As soon as you want to limit the discu…

> And ML is a much more popular topic than finance. Holy SV-bubble moly, I don't think that's true, maybe not even in SV itself. Two quick comparisons: - https://trends.google.com/trends/explore?date=all&q=Finance,... (Finance VS Machine Learning) - https://trends.google.com/trends/explore?date=all&q=Finance%... (Finance News VS Machine Learning News) Even when comparing the region where "Machine Learning" is the mos…

Now try with "weather". Yet there is a HN for machine learning[0] and one for Bitcoin[1] but none about finance nor the weather. I'm not sure what my point is except that maybe some generic popularity measure isn't a good predictor for whether a "HN for X" is likely to succeed.

[0] https://datatau.net

[1] https://stacker.news

Re: Ask HN: HN for Finance?

#53
maybe ask your favorite language model for advice. They say it's the answer to all questions, sort of like 42.

My point is here: https://youtu.be/_8yVOC4ciXc?t=696 - they explain that gpt3 (almost) learned how to add and multiply, but they don't know how. To me that's the thing. (the insight comes at 12:29, 15:23)

in a sense that is kind of an admission that we don't know what the heck what is going on. That's kind of stronger than the claim to "strong AI".

Being able to define a system as being as a "Strong Ai" assumes that we would still know hat is actually going on. An understanding of what is going on would imply a claim of understanding of what is happening, that in turn implies a claim of being in charge of show.

(Maybe that's a cyperpunk way of looking at the whole frigging show ;-)

Re: Ask HN: HN for Finance?

#55
Many moons ago there used to be an HN for finance that was a clone of HN but with a green theme. I believe it was called Mogul something. All the articles had some connection to finance and I never saw investment advice, just analysis. It abruptly stopped one day. I’d use a version of HN focused on finance (we’ve considered building one at our company).

Update: it was called newmogul.

Re: Ask HN: HN for Finance?

#56

Earlier quoted context omitted.

> And ML is a much more popular topic than finance. Holy SV-bubble moly, I don't think that's true, maybe not even in SV itself. Two quick comparisons: - https://trends.google.com/trends/explore?date=all&q=Finance,... (Finance VS Machine Learning) - https://trends.google.com/trends/explore?date=all&q=Finance%... (Finance News VS Machine Learning News) Even when comparing the region where "Machine Learning" is the mos…

Now try with "weather". Yet there is a HN for machine learning[0] and one for Bitcoin[1] but none about finance nor the weather. I'm not sure what my point is except that maybe some generic popularity measure isn't a good predictor for whether a "HN for X" is likely to succeed. [0] https://datatau.net [1] https://stacker.news

> maybe some generic popularity measure isn't a good predictor for whether a "HN for X" is likely to succeed

I agree, it probably isn't. Much is up to the people who chose to submit (quality) content and then moderation. Won't matter if the topic is the most popular one on Earth.

Re: Ask HN: HN for Finance?

#57

The reason there is no HN for finance is that people, in general, don't hack finance. They are just consumers of a tightly setup up and controlled legal, political and technical infrastructure. Oh, sure there are "sophisticated" day traders, but those are just fodder for the Wall Street casino. The closest to really hacking finance was (the horror, the horror) the cryptofinance lot, but this has degenerated quickly i…

Finance "hacks" exist. Basic personal finance ones that come to mind are the backdoor IRA and Roth conversion ladder, for example.

Re: Ask HN: HN for Finance?

#58
Well, the thing about HN is that it's usually not replicable. So whenever people ask for "HN but for X" it's easy to forget that there is no other HN with the characteristics like this community (and i'm not sure i'll ever witness)

Re: Ask HN: HN for Finance?

#59
Trading is mostly a zero-sum game so people are going to be selective about sharing useful ideas. For investment the horizons are so long it's hard to know which people are worth paying attention to. Maybe some people try to influence sentiment on reddit but in general most successful financial professionals don't spend their time posting on message boards.

Anyway, I don't think it's realistic to become good at trading/investment while working in a different profession. Be prepared to drop everything and focus on it full time (after a few years of preliminary study) if you're really serious. The learning curve is a lot worse than tech, and it's not just because there are no tutorials to learn from. The level of competition is completely different.

Re: Ask HN: HN for Finance?

#60

I find the rational reminder community is a great place to participate in conversations about personal finance, asset management etc. https://community.rationalreminder.ca/login It started as a landing pad for listeners of the rational reminder podcast.

Even though they don't really discuss links like HN does, I think this is the right answer. Frankly I wish the quality of discussion on HN was as high as it is on RR.
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