This is a very good point. I think key issue is that it requires time and effort to evaluate and understand the final product. Before I starting reading something to understand it, I want to have a sense that it is…
Exactly. That's what the index funds would have had to do as well.
> I always found this statement to be rather wishful. Individual lowering of prices makes sense if and only if your competitor is capable of saturating the market. Otherwise, demand elasticity becomes very relevant.…
It is a concern that this could simply reflect changing naming conventions for private funds. There is nothing that requires a fund to use the "Fund I" convention. Would it be possible to confirm the trend using Form…
Scaling cuts both ways. You may also be underestimating the aggregate benefits of slight improvements added up across hundreds or thousands of employees. For a single person, slight improvements added up over regular,…
Standard theories of production clearly distinguish between fixed and variable costs. Moreover, it is well understood that this distinction depends on the time horizon, with more costs being variable for longer…
I judge technical explanations of audio gear by their description of balanced signals. A common error is to focus on the positive and negative signals having opposite polarity, which is entirely irrelevant for canceling…
Exactly, if it had been obvious at the time that "the market" would deliver a better return, for certain, then nobody would have bought bonds at those prices. Then bond prices would have declined (and their expected…
In finance there is an ongoing discussion of whether the small-cap premium still exists. For technical discussions, look for the terms "SMB size factor".
"Estimate of the remaining time before universe decays expected to be revised 10^76 times before its finally over" (conservatively assuming the estimate will be revised about once every hundred years as we learn more).
Too many investors, too few seats
Totally. Also, an attenuator is easier and cheaper to implement, because it just requires normalizing V+ into the jack plug. An offset requires an adder. My preference is: attenuator < offset < attenuator + offset. I…
I love old, well-written technical books, like these. There is something about the language, directness, innocence (for lack of a better term) and careful arguments that I find incredibly satisfying. They are not afraid…
I agree entirely. I have two wonderful daughters, and stories like this hit hard. There is a fiction short-story called CHICXULUB By T. Coraghessan Boyle. It is one of the hardest hitting stories I have read as a…
Interesting ideas. I respectfully disagree with all of them. Do you have any evidence to back them up, or are you yourself "just [...] making things up that sound good" ?
Look at the bright side, at least flights today are still as fast as 60 years ago. For trains, you would be hard pressed to find a route that is not significantly slower today than 60 years ago.
But corporate computing is also suffering from the deteriorating user experience. I have access to large amounts of harware and software through my employer. And while Microsoft Office is unavoidable, I hate it…
It is great that the URL for this website is: https://landley.net/history/mirror/institutional_memory.html In other words, it is in the "history/mirror/" sub-directory, being preserved for future corporate archeologists.
How does this posting coincide with the posting of this YouTube video. Coincidence? I think not! https://m.youtube.com/shorts/8s2_wjUTT-M
"We can't accept drum and bass we need jungle I'm afraid" ;)
Thanks, that's sounds very reasonable. Unfortunately, it also sounds like there is not much push at this point to reverse these changes and streamline the process.
> Is it right that I was filtered out by degree and not by capability? No, it’s not right, but it happened. It is not obvious how to find a better way to filter. In an ideal world, there would be plenty of time and…
To be fair, there were other things on the agenda as well. The time was the height of the cold war, and 1983 was the year of the Stanislav Petrov incident that could potentially have started nuclear war. (Not to mention…
I know it is popular to assume that americans are crazy and ignorant, but part of the puzzle is that there were plenty of other ways to cross the highway. There are two other bridges just a few hundred feet away (a foot…
Trade on insider information.
This is a very good point. I think key issue is that it requires time and effort to evaluate and understand the final product. Before I starting reading something to understand it, I want to have a sense that it is…
Exactly. That's what the index funds would have had to do as well.
> I always found this statement to be rather wishful. Individual lowering of prices makes sense if and only if your competitor is capable of saturating the market. Otherwise, demand elasticity becomes very relevant.…
It is a concern that this could simply reflect changing naming conventions for private funds. There is nothing that requires a fund to use the "Fund I" convention. Would it be possible to confirm the trend using Form…
Scaling cuts both ways. You may also be underestimating the aggregate benefits of slight improvements added up across hundreds or thousands of employees. For a single person, slight improvements added up over regular,…
Standard theories of production clearly distinguish between fixed and variable costs. Moreover, it is well understood that this distinction depends on the time horizon, with more costs being variable for longer…
I judge technical explanations of audio gear by their description of balanced signals. A common error is to focus on the positive and negative signals having opposite polarity, which is entirely irrelevant for canceling…
Exactly, if it had been obvious at the time that "the market" would deliver a better return, for certain, then nobody would have bought bonds at those prices. Then bond prices would have declined (and their expected…
In finance there is an ongoing discussion of whether the small-cap premium still exists. For technical discussions, look for the terms "SMB size factor".
"Estimate of the remaining time before universe decays expected to be revised 10^76 times before its finally over" (conservatively assuming the estimate will be revised about once every hundred years as we learn more).
Too many investors, too few seats
Totally. Also, an attenuator is easier and cheaper to implement, because it just requires normalizing V+ into the jack plug. An offset requires an adder. My preference is: attenuator < offset < attenuator + offset. I…
I love old, well-written technical books, like these. There is something about the language, directness, innocence (for lack of a better term) and careful arguments that I find incredibly satisfying. They are not afraid…
I agree entirely. I have two wonderful daughters, and stories like this hit hard. There is a fiction short-story called CHICXULUB By T. Coraghessan Boyle. It is one of the hardest hitting stories I have read as a…
Interesting ideas. I respectfully disagree with all of them. Do you have any evidence to back them up, or are you yourself "just [...] making things up that sound good" ?
Look at the bright side, at least flights today are still as fast as 60 years ago. For trains, you would be hard pressed to find a route that is not significantly slower today than 60 years ago.
But corporate computing is also suffering from the deteriorating user experience. I have access to large amounts of harware and software through my employer. And while Microsoft Office is unavoidable, I hate it…
It is great that the URL for this website is: https://landley.net/history/mirror/institutional_memory.html In other words, it is in the "history/mirror/" sub-directory, being preserved for future corporate archeologists.
How does this posting coincide with the posting of this YouTube video. Coincidence? I think not! https://m.youtube.com/shorts/8s2_wjUTT-M
"We can't accept drum and bass we need jungle I'm afraid" ;)
Thanks, that's sounds very reasonable. Unfortunately, it also sounds like there is not much push at this point to reverse these changes and streamline the process.
> Is it right that I was filtered out by degree and not by capability? No, it’s not right, but it happened. It is not obvious how to find a better way to filter. In an ideal world, there would be plenty of time and…
To be fair, there were other things on the agenda as well. The time was the height of the cold war, and 1983 was the year of the Stanislav Petrov incident that could potentially have started nuclear war. (Not to mention…
I know it is popular to assume that americans are crazy and ignorant, but part of the puzzle is that there were plenty of other ways to cross the highway. There are two other bridges just a few hundred feet away (a foot…
Trade on insider information.