Earlier quoted context omitted.
Dr. Jaques divided people into eight strata based on their innate capabilities and limits. Most of us if we're honest with ourselves are on the level of Strata 1–4. (Even to presume we're Stratum 4 is being generous.) Strata 5–8 are the rarefied elites. They're typically CEOs of large companies and business leaders. Stratum 9 and higher—like Mr. Dalio—are the rare geniuses who are capable of thinking into the far fut…
No one can think 100 years into the future, that's just ridiculous. Chaotic systems -- all real-world human systems on some time scale -- are unpredictable no matter how awesome you are.
Hedge Fund Is Building an Algorithmic Model From Its Employees’ Brains
101–106 of 106 posts
Re: Hedge Fund Is Building an Algorithmic Model From Its Employees’ Brains
#102Earlier quoted context omitted.
I'm struggling a lot to get access to my bank's "bill pay" interface. Any recommendations for banks that support building out automation like this? There are very small things I'd like to implement (budgeting, auto-categorization of expenditures) and some type of bill pay as well.
I can't really help you on bank API's . My bot uses webdriver. Actually I can help with that: https://openbankproject.com/for-developers/
I'll have to check out webdriver, thanks!
Re: Hedge Fund Is Building an Algorithmic Model From Its Employees’ Brains
#103Earlier quoted context omitted.
just went ahead and 1-click ordered Eckhart's book. I recall listening to the audiobook I torrented 4 years ago but never got to finish it. I'm reading Principles.com and I'm blown away by how similar it is to my own model of the world but without the same confidence and experiences to back it up the way Ray did. I think perhaps I was being too judgemental about Ray by reading the WSJ article. But to be fair, I'm con…
Tolle is full of hand wavy pop psychology junk. At the end of the day Tolle is full of mashed up philosphies he mixed and matched until it tasted really sweet. What are you left with? A loosely defined mess that reads like so many other self help books. I am critical here but with good reason, this is like going shopping at the philosophy store and just buying candy. It comes off as blatantly anti reason in places to…
The Enchiridion, Meditations, Society of Mind, Golden Braid. Left out Thoreau because that seems like a natural survivalist and it had 4/5 reviews on Amazon.
The only way I'll read books is if there's a monetary sunk cost. If I pirate ebooks, unless it's super essential, won't get around to reading it.
Re: Hedge Fund Is Building an Algorithmic Model From Its Employees’ Brains
#104Earlier quoted context omitted.
The strata in the article are based on the work of psychologist Elliot Jacques who as far as I can tell created this independently of Dalio and Bridgewater. Strata are related to a person's ability to handle complexity, and Jacques argued that this is related to the time horizon a person can handle. For example, the role of a shop floor employee selling widgets does not need to consider what happens more than 1-3 mon…
Dr. Jaques divided people into eight strata based on their innate capabilities and limits. Most of us if we're honest with ourselves are on the level of Strata 1–4. (Even to presume we're Stratum 4 is being generous.) Strata 5–8 are the rarefied elites. They're typically CEOs of large companies and business leaders. Stratum 9 and higher—like Mr. Dalio—are the rare geniuses who are capable of thinking into the far fut…
People love to armchair quarterback federal politics and long term plans that might effect the future. You start learning as you become more effective in life that doing that is ineffective and doesn't get you anywhere. Your energy is better spent on thinking about the things you can actually effect in life.
Or 'man plans and god laughs'
Re: Hedge Fund Is Building an Algorithmic Model From Its Employees’ Brains
#105Earlier quoted context omitted.
Tolle is full of hand wavy pop psychology junk. At the end of the day Tolle is full of mashed up philosphies he mixed and matched until it tasted really sweet. What are you left with? A loosely defined mess that reads like so many other self help books. I am critical here but with good reason, this is like going shopping at the philosophy store and just buying candy. It comes off as blatantly anti reason in places to…
Love your comment. Always enjoy contrarian views. I think it won't hurt to read Tolle but I've just ordered based on your suggestion: The Enchiridion, Meditations, Society of Mind, Golden Braid. Left out Thoreau because that seems like a natural survivalist and it had 4/5 reviews on Amazon. The only way I'll read books is if there's a monetary sunk cost. If I pirate ebooks, unless it's super essential, won't get arou…
Re: Hedge Fund Is Building an Algorithmic Model From Its Employees’ Brains
#106The 1980s called, they want their expert systems back.