Founding a startup with zero revenue is better than working for Goldman Sachs
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Re: Founding a startup with zero revenue is better than working for Goldman Sachs
#2> with the attention span of an ADHD kid hopped up on meth and Jolly Ranchers
Well, I'm very disappointed to find this.
1. One of the more common (and certainly well-known) medications for ADHD is Ritalin, which is methylphenidate. It's mildly related to meth. The long story short is that giving meth to someone with ADHD would not cause them to be able to focus less; rather, to be able to focus more.
2. Studies have shown that sugar does NOT cause hyperactivity in children, whether or not they have ADHD.
I'm saddened to see these incorrect stereotypes about ADHD. As an adult with ADHD, it's part of what makes my life harder than it has to be.
Re: Founding a startup with zero revenue is better than working for Goldman Sachs
#3That's quite interesting:
" At the risk of getting sued, let me throw you geeks a bone and part the Goldman veil a bit. The Goldman Sachs risk system is called SecDB (securities database), and everything at Goldman that matters is run out of it. The GUI itself looks like a settings screen from DOS 3.0, but no one cares about UI cosmetics on the Street. The language itself was called SLANG (securities language) and was a Python/Perl like thing, with OOP and the ORM layer baked in. Database replication was near-instant, and pushing to production was two keystrokes. You pushed, and London and Tokyo saw the change as fast as your neighbor on the desk did (and yes, if you fucked things up, you got 4AM phone calls from some British dude telling you to fix it). Regtests ran nightly, and no one could trade a model without thorough testing (that might sound like standard practice, but you have no idea how primitive the development culture is on the Street). The whole thing was so good, I didn’t even know what an ORM really was until I started using Rails and had to wrestle with ActiveRecord. The codebase was roughly 15MM lines when I left, and growing. I suspect my retinas are still scarred by the weird color blue SecDB was by default. "
Re: Founding a startup with zero revenue is better than working for Goldman Sachs
#4that was very well written.
"It got to the point that some papers had no authors, and had apparently written themselves. So it goes. No longer with the firm."
slightly vonnegut-inspired?
Re: Founding a startup with zero revenue is better than working for Goldman Sachs
#5Quick tip: hover over the numbered footnotes for some great asides.
Re: Founding a startup with zero revenue is better than working for Goldman Sachs
#6An oddly appropriate (yet completely unrelated) quote from another article currently on the frontpage:
> For all things (that are things I know) there exists a Context in which that thing I know is false
Re: Founding a startup with zero revenue is better than working for Goldman Sachs
#7That's quite interesting: " At the risk of getting sued, let me throw you geeks a bone and part the Goldman veil a bit. The Goldman Sachs risk system is called SecDB (securities database), and everything at Goldman that matters is run out of it. The GUI itself looks like a settings screen from DOS 3.0, but no one cares about UI cosmetics on the Street. The language itself was called SLANG (securities language) and wa…
I think that is one of the more thorough accounts of that system I have seen published. All in one paragraph no less.
Re: Founding a startup with zero revenue is better than working for Goldman Sachs
#8That's quite interesting: " At the risk of getting sued, let me throw you geeks a bone and part the Goldman veil a bit. The Goldman Sachs risk system is called SecDB (securities database), and everything at Goldman that matters is run out of it. The GUI itself looks like a settings screen from DOS 3.0, but no one cares about UI cosmetics on the Street. The language itself was called SLANG (securities language) and wa…
I've had a number of people tell me this system is why GS won the financial crisis.
During the financial crisis, GS knew their positions and their risks. They could also calculate the side effects of proposed trades as quickly as their computers could calculate it. This meant the people at the top could actively plan what to do next during the day.
In contrast, MS and JPM can only get information like this a few hours after the end of the day, and supposedly Citi just can't calculate such things without massive effort.
Re: Founding a startup with zero revenue is better than working for Goldman Sachs
#9> with the attention span of an ADHD kid hopped up on meth and Jolly Ranchers Well, I'm very disappointed to find this. 1. One of the more common (and certainly well-known) medications for ADHD is Ritalin, which is methylphenidate. It's mildly related to meth. The long story short is that giving meth to someone with ADHD would not cause them to be able to focus less ; rather, to be able to focus more . 2. Studies hav…
Give him a break and substitute cracked out for hopped up on meth. I also would guess the medical dose of ritalin is anywhere near the recreational meth dosage, but I don't know.
What studies show that sugar doesn't cause hyperactivity in children?
Anecdotal evidence and extensive field work with my brother's kids has shown me otherwise. You feed them a ton of sugar at the carnival and they go wild and then crash a few hours later.
Re: Founding a startup with zero revenue is better than working for Goldman Sachs
#10> with the attention span of an ADHD kid hopped up on meth and Jolly Ranchers Well, I'm very disappointed to find this. 1. One of the more common (and certainly well-known) medications for ADHD is Ritalin, which is methylphenidate. It's mildly related to meth. The long story short is that giving meth to someone with ADHD would not cause them to be able to focus less ; rather, to be able to focus more . 2. Studies hav…
Give him a break and substitute cracked out for hopped up on meth. I also would guess the medical dose of ritalin is anywhere near the recreational meth dosage, but I don't know. What studies show that sugar doesn't cause hyperactivity in children? Anecdotal evidence and extensive field work with my brother's kids has shown me otherwise. You feed them a ton of sugar at the carnival and they go wild and then crash a f…
"a ton of sugar at the carnival" - it's the carnival not the sugar.
http://en.wikipedia.org/wiki/Hyperactivity#Sugar_consumption