News for hackers. Stuff that matters.

btcoal

Re:A Day in the Life of the Modern San Franciscan on Friday August 19, 2011 @03:21PM (#2904537)
In my limited experience: no. I'm sorry but $40k pre-tax is not a liveable salary in SF or any medium-->big city.
"CyberSource's patented invention is simple: when validating online credit card purchases, use IP address information (such as IP addresses) as a check against fraud. Thus, the patented method might raise a red flag if someone attempts to make a large internet purchase through an IP address that had previously been used for a fraudulent transaction."

IANAL and this is not legal advice, but the guys (probably) that tried to patent this should go f* themselves.

Re:Poll: Have you read SICP? on Thursday August 04, 2011 @02:07PM (#2847038)
I took 6.01, in python. Just missed out on SICP, but I'm going through all the exercises now.
Re:PyCon 2012 on Wednesday August 03, 2011 @11:13AM (#2841453)
Ah, OK, shift the whole scale I referred to over...Google,Dropbox Diamond and Microsoft platinum.

Wasn't aware of how much support Microsoft provided in general though. Thanks!

Re:Quantly: News for quants on Wednesday August 03, 2011 @10:52AM (#2841385)
Just from glancing at the first page, there does not seem to be a diveristy of sources there.
Re:PyCon 2012 on Wednesday August 03, 2011 @10:49AM (#2841364)
Why is Microsoft "only" a Gold sponsor? They have more cash on hand and are worth more than Google and Dropbox combined.

It may be a trivial thing to note, but it still seems odd to me.

Re:Simpson's paradox on Friday July 29, 2011 @03:37PM (#2823431)
Being from the upper midwest, I always considered "the South" anything south of the Mason-Dixon Line plus W.Va and Kentucky. Wow this is off-topic.

Little gems of insight like Simpson's paradox are why I studied statistics.

Re:PCMag's Original Interview With Bill Gates From 1981 on Thursday July 28, 2011 @03:13PM (#2818449)
Guh. Right you are: named ranges (http://www.contextures.com/xlnames01.html).

I learned about this feature years and years ago and never used it. Maybe it wouldn't actually be all that helpful afterall. If only I could downvote myself.

Re:PCMag's Original Interview With Bill Gates From 1981 on Thursday July 28, 2011 @01:44PM (#2817977)
"But, I'll just mention two things that are critical in Multiplan.

The first is the use of naming. You are not put into a mode where you have to use "A10," "B9," "C14," and things like that, which you have to do with VisiCalc. If you want to say that taxes are 6% of sales then you say "taxes are .06 times sales." If you want the sum of all the profits you say "SUM (Profit)" and so we deal with data on a name basis which is the way people are used to dealing with it."

Am I the only one that would love to see this impleneted in spreadsheet software today?

Re:Reid Hoffman at MIT Media Lab on Thursday July 28, 2011 @11:12AM (#2817133)
"Hoffman pointed to one of his recent investments, Airbnb, a short-term vacation rental website, as an example. The website pairs people looking for vacation rentals with people willing to rent out their homes. As Hoffman pointed out, both parties would want assurance that the other is trustworthy. Airbnb’s answer is an evaluation system based in part on the responsiveness of a host — the faster a host responds, the more reliable he or she is likely to be.

“And that’s a very good predictor of whether this will be a good experience,” Hoffman said. “This creates an improvement in the world.” "

...Spoke maybe a day or two too soon.

Re:The world’s biggest hedge fund, run like a cult on Wednesday July 27, 2011 @05:13PM (#2814156)
You're so right. I had the same reaction to this and the New Yorker article covering the same.

I got interested in hedge funds in high school after reading a lot of articles like this. But after learning a lot about economics and finance I learned to pick up the sensationalism in these articles.

I think just about every article about a hedge fund has a line like, "consistently beats the market...which most economists say isn't possible." That's not even true. The free market hypothesis has not been given much stock outside of the University of Chicago (Eugene Fama) since the 90's. Most economists who even study such things focus on under what scenario can an investor outperform the market and what types of securities tend to be undervalued.

I'm even amazed that the article doesn't begin by mentioning Ray Dalio's childhood as a chess prodigy/math olympiad/other thing that only really really smart people can do.

These articles typically have a set format: 1. Intro into the mysterious culture of the hedge fund 2. Background on the precocious child prodigy turned market whiz 3. Description of firm's hiring practices of PhD's etc 4. Questioning value of Hedge Fund's to society 5. In conclusion, this hedge fund makes a lot of money...

I almost want to run some NLP scripts over a corpus of profiles of hedge fund managers and automatically generate a dozen of these, print them, and see if I can get a job at Bloomberg.

Re:23andMe finds Parkinsons only 24% heritable on Wednesday July 27, 2011 @05:03PM (#2814096)
No. As the article states, he has a particular form of Parkinsons unique to his ethnic group that is extremely heritable.

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