I spent a lot of time researching LLM routing last year and also came to the conclusion that it's generally not worth the effort. It's too hard to understand the difficulty of a query a priori. One specific challenge I…
Good moment to revisit this fun article: https://jasonfantl.com/posts/Universal-Unique-IDs/ If the entire universe were turned into a giant computer and did nothing but generate uuids until its heat death, how many bits…
If you follow Apple's official address to a lawyer's office in Delaware, don't be surprised that Tim Cook isn't there to greet you.
The modern world is like Jean Baudrillard's vision of hell. Back in 1991 he wrote "The Gulf War did not take place", commenting on what was at the time a new development of 24/7 live media coverage of the war. Media…
If it's any consolation , VTI is free-float weighted so won't pick up very much SpaceX initially.
This is a slightly tongue-in-cheek way of saying that if you believe a security is severely mispriced then there is a straightforward way to express that opinion.
So sounds like this will be a great short candidate after the index re-weighting.
One way to think about this is you have a binomial distribution with p=0.8 and n=number of lying friends. Each time you increase n, you shift the probability mass of the distribution "to the right" but if n is even some…
There are a few markets like Jacksonville and Atlanta where there is a lot of institutional ownership, but outside of those few cases impact of Blackrock et al on housing markets is effectively nil.
The Agricultural Revolution and its consequences have been a disaster for the human race.
To summarize the article: buying the Yes side of this market is like shorting treasuries. It's not a bet that treasuries will default, but rather a macro bet about that demand for cash (i.e. interest rates) will…
Great point. Never forget about counterparty risk!
Matt Levine has a bit about the best customer service your broker can provide is not picking up the phone in a crisis. Bad UX is, intentionally or not, consistent with Vanguard's long-term index investing philosophy.…
Can't get insurance -> can't get a mortgage -> can't buy a house
That had been GitHub's model for their SF HQ office, more or less. Some local people used it as their daily office, but there seemed to always be a mini-summit or get together of remote folks happening each week.
Matt Levine today: > Surely the highest-variance aspect of the Twitter vs. Musk saga is Zatko’s whistle-blower complaint. If Zatko can make a compelling case that Twitter is horribly bad — that its information security…
Okay since we're not going to improve the speed of light any time soon, here's my idea for speeding up CA to NL roundtrip: let's straight shot a cable through the center of the earth.
"The industrial revolution and its consequences have been a disaster for the human race" but make it instagramable
I spent a lot of time researching LLM routing last year and also came to the conclusion that it's generally not worth the effort. It's too hard to understand the difficulty of a query a priori. One specific challenge I…
Good moment to revisit this fun article: https://jasonfantl.com/posts/Universal-Unique-IDs/ If the entire universe were turned into a giant computer and did nothing but generate uuids until its heat death, how many bits…
If you follow Apple's official address to a lawyer's office in Delaware, don't be surprised that Tim Cook isn't there to greet you.
The modern world is like Jean Baudrillard's vision of hell. Back in 1991 he wrote "The Gulf War did not take place", commenting on what was at the time a new development of 24/7 live media coverage of the war. Media…
If it's any consolation , VTI is free-float weighted so won't pick up very much SpaceX initially.
This is a slightly tongue-in-cheek way of saying that if you believe a security is severely mispriced then there is a straightforward way to express that opinion.
So sounds like this will be a great short candidate after the index re-weighting.
One way to think about this is you have a binomial distribution with p=0.8 and n=number of lying friends. Each time you increase n, you shift the probability mass of the distribution "to the right" but if n is even some…
There are a few markets like Jacksonville and Atlanta where there is a lot of institutional ownership, but outside of those few cases impact of Blackrock et al on housing markets is effectively nil.
The Agricultural Revolution and its consequences have been a disaster for the human race.
To summarize the article: buying the Yes side of this market is like shorting treasuries. It's not a bet that treasuries will default, but rather a macro bet about that demand for cash (i.e. interest rates) will…
Great point. Never forget about counterparty risk!
Matt Levine has a bit about the best customer service your broker can provide is not picking up the phone in a crisis. Bad UX is, intentionally or not, consistent with Vanguard's long-term index investing philosophy.…
Can't get insurance -> can't get a mortgage -> can't buy a house
That had been GitHub's model for their SF HQ office, more or less. Some local people used it as their daily office, but there seemed to always be a mini-summit or get together of remote folks happening each week.
Matt Levine today: > Surely the highest-variance aspect of the Twitter vs. Musk saga is Zatko’s whistle-blower complaint. If Zatko can make a compelling case that Twitter is horribly bad — that its information security…
Okay since we're not going to improve the speed of light any time soon, here's my idea for speeding up CA to NL roundtrip: let's straight shot a cable through the center of the earth.
"The industrial revolution and its consequences have been a disaster for the human race" but make it instagramable