yanofsky

oops sorry!

From the piece:

"We went to all this trouble because there is perennial fascination with the flying habits of the 2,800 Davos delegates. Use of private aircraft, though often wildly overstated, highlights the vast wealth and power that descends upon this small skiing town in the Swiss Alps each year. And their transportation choices are frequently criticized for their environmental impact at a conference that seeks solutions to reducing carbon emissions, among other topics."

I find it interesting because it is the only data that exist that can quantify and contextualize the anecdotal reports of the volume and impact of helicopter use at Davos.

While clearly some of you folks don't find it interesting, we found:

- The approximate volume of helicopter traffic that fly into and out of Davos, which was previously unknown

- The approximate number of helicopters that fly into and out of Davos, which was previously unknown

- The exact types of helicopters that were flying around Davos, which was previously unknown

This data also provide a benchmark for future analysis of and reporting on helicopter use patterns at Davos and elsewhere.

A flaw we admitted...in both years

Of course once you’ve made enough money it would be impossible to put it all into one stock without drastically affecting the stock’s price. Before long, you’d find that there were not enough shares to buy, or that you had purchased an entire company—a situation that we ignored for our analysis.

Couldn't have said it better myself

oops, my bad. apologies everyone

If you haven't read the Vanity Fair article mentioned, you should. http://www.vanityfair.com/business/2013/09/michael-lewis-gol...

Here are some damning excerpts:

"“Did you take the strats?” asked one (meaning Goldman’s trading strategies). “No,” said Serge. That was one thing the prosecutors hadn’t accused him of."

"McSwain [the FBI agent] later conceded that he didn’t seek out independent expert advice to study the code Serge Aleynikov had taken. (“I relied on statements from Goldman employees.”) "

"the F.B.I. had not sought help from someone who actually knew anything at all about computers or the high-frequency-trading business"

Another Point of Order. Obama didn't do this, the USTR did, on the authority of the President.

Edit: It would be fair to say: "The Obama Administration did this"

Dear HN snarky commenter,

My point is not that you shouldn't use your phone how you please, it was that the current state of technology forces us to use them in a manner consistent with a pocket watch. There's a reason people dont use pocket watches anymore.

As I point out, some electronics makers are future looking enough to see the value in a wrist worn device. I'm also pointing out that over time multiple devices tend to combine into fewer devices, and we should advocate for one of those devices to be similar to a watch. It's a proven form factor, just like pocket watches are a disproven form factor.

Title via https://twitter.com/palewire/status/294460000728907776

I'm getting a quicktime plugin in chrome

There's irony in the page using a plug in for the video and SVG to render the text of Tim Cook's letter, right?