doovd

It's a common rhetoric from someone who has no clue about financial markets (the person you replied to).

Suppose you want to invest in S&p500 so you want to buy the ETF. Someone like Jane Street can create sell you this ETF, and take care of the risk that comes along with it. For example, the price they sell you this ETF should take into account the pricing of underlying stocks. While it sounds trivial, doing this profitably (and therefore sustainably) is a tough job. And doing it competitively to offer you a good price on it is an even tougher job.

It'd make sense if you were writing out some Boolean expressions or trying to present something with formal logic. But you're writing English here so it seems inappropriate to a) ditch conventional grammar and b) pass off the criticism as "imposing their limited experience".

Ahh right so this is not a 365days per year thing, but they have relatively normal jobs in the industry?

One thing I don't get is how they sustain themselves in terms of income - does anyone know what they do to support their lifestyle? Just really curious (and potentially out of the loop). Thanks.

> obviously good trades

Are you able to expand with any examples of this?

Yeah but in the case of these notes, they're identical almost word for word - i.e. there is a central template being used.

Could someone please explain why this note reads identically to the Meta and Stripe note?

> Strategies that result in 95 % drawdowns are not in the "making you money" bucket.

As long as you're betting with +ev after fees are taken into account then they certainly can make you money. Low sharpe / high vol != unprofitable.

Reminds me of metro stations in Moscow: https://www.theguardian.com/artanddesign/gallery/2015/oct/31...

Original blackberry keyboard would like to have a word with you. I wish I could find a decent smartphone with the same keyboard "that tries to emulate a big keyboard"

This doesn't make much sense, for two reasons: 1. Various ML libraries are implemented in C++ and have wrappers for respective interpreted languages. 2. Given higher-level languages can do auto-diff, c++ as a lower-level language is likely to be able to do it (and it can).

It just doesn't have as popular libraries such as python/R etc given the latter are far easier to work with + lower barriers for entry.

> what’s the role of buying and/or trading individual stocks?

Loads of reasons to do so:

1. You might have enough alpha to beat the returns of an index.

2.You prefer a more market neutral strategy and construct your own basket, maintaining it over various timescales.

The fact is that most of these reasons don't apply to your average retail investor though.

Abuse of taxes is not a party-specific issue. Until laws are passed to prevent this (which is probably a multi-decade lobbying effort), it will re-occur. You are right, it eventually boils down to "it is quite hard".

Abuse of taxes is not a party-specific issue. Until laws are passed to prevent this (which is probably a multi-decade lobbying effort), it will re-occur. In the meantime, it's probably reasonable to be sour about paying taxes when it's subject to this practice by the receiver.

Well, monopoly was introduced as satire in the first place in fact! A way to showcase some absurdities of capitalism

businesses yes. But governments abuse public spending - at least in the UK a significant chunk gets funnelled to conservative friends and family...why should I therefore want to fund that?

Or anywhere really tbf

Lol - all this at a cost of what? Do you understand that the reason Amazon is low cost is because of exploiting it's workers? It's simple maths

Relax, it was a joke

How can you "correct" English from England?

Sadly, this is the way it works in the UK. Welfare payments are cut by any increases in your pay. So a person who might be offered overtime for some extra money has no incentive to take it because their total take home stays the same but with the latter they miss out on spending time with their family/resting etc.

> I always assumed that any money you earn would then be deducted from future payments

Contrary to what everyone says in this thread, this is the crappy way welfare exists in the UK

Bit misleading, parameters here are already obtained - the only lisp part is applying pre-obtained weights to an input and computing the output (i.e. no training here).

That aside, this is very cool nevertheless.

> Everything tested during an MOT (except emissions, which I've never seen fail)

Don't think this is true, I was looking at the MOT record of a car a few days ago and emissions failure was definitely stated as MOT failure reason.

Yeah sorry updated above, 11bln to USSR specifically, thanks for correcting. Nevertheless, it seemed odd to almost suggest the Us were financing the USSR in their fight in order to obtain some credit.

Noted RE Soviet practices, though it's besides the point I think (i.e. it would be a scandal if the US didn't send aid in this form).

Not sure what to make of this. The lend-lease stuff is hardly extraordinary, it would have been crazy if they _didn't!_. Furthermore, the US received almost a similar amount of goods in return (US received 8bln from allies when they lended out 11bln to USSR). All usual and unremarkable stuff. Furthermore, it's hardly fair to equate suppy of aid (which the US can afford because of their capitalist practices of exploitation etc) with supply of human life.

The article date is 2012 mate, relax

These retirement funds were invested in theranos?

Oh they earn enough to make monthly payments. They just happen to be paying someone else's mortgage, rather than their own.

Tagging onto this