Liquid retail stocks follow Benford's law because there is a notion of intrinsic value from the company and an army of quant traders trying to exploit any price inefficiency caused by the retail traders. With…
I guess we need to make a distinction between the blog post and the Gary Smith post it links to here. Gary smith (the person I think you're referring to having spent a career in this) says this: >The market…
Benfords law is used to find evidence that the numbers came from a person, not a measurement or mathematical process, right? So anyone who knows what a limit order is should not be surprised to find evidence that humans…
I am a few months in to a 15 year mortgage after recently refinanced at a 2.125%. Here's a rough breakdown of where each dollar of my last mortgage payment went: Principal: 60% Interest: 22% Escrow(Taxes + Insurance):…
Here's an example for something as simple as a hobbyist using a metal lathe in their garage: For a rough part, you can measure how much material you need to take off, do it in a few passes without stopping to remeasure,…
From the code you linked: > Computing professionals should protect confidentiality except in cases where it is evidence of the violation of law, of organizational regulations, or of the Code. In these cases, the nature…
The dictionary defines ethics as the field of knowledge dealing with moral principles, sure, and that's not at all what I'm talking about here. Perhaps I erred in using the word too generally and should have been…
You've confused ethics and morals. The ethical action (which is about professional standards rather than your conscience) is usually to follow the legal agreement you've signed (barring something that supersedes the NDA…
From the tweet it looks like an awesome search feature. Just type what you wanted to search for right inline and then it can drop the result in without you ever changing a window or moving a hand to the mouse. Problem…
Somewhat buried, but this my favorite takeaway >Errors of omission are generally much more serious than errors of commission, but errors of commission are the only ones picked up by most accounting systems. Since…
For a very basic CRUD app I tend to agree with you. But for anyone dealing with synchronization between threads/processes/machines, modeling engineering problems with large systems of equations, complex business…
>the power differential is so intense that evidence can be ignored This is a good point from the article to expand on, it's not just coincidence that the Hanoi rat massacre and the Delhi cobra hunt both feature colonial…
Oops, yeah I mixed up some numbers there, would have to be a mustang loaded with options for my comparison.
There is no metric for "inflation for cars". What the BLS data is saying is that the nominal price/quality for cars has stayed the same. So in 1990 you could get a mustang for $20k, and if instead you stuffed 20k in you…
Take a look at the "Many Assets" subheading in the original post.
>You're forgetting many people live in apartments in dense urban areas How much sunlight do they get in parking garages?
Contracts are sometimes a useful deterrent, because going to court sucks and can cost you a lot of money. They're also not a replacement for trust, because going to court sucks and can cost a lot of money.
There's an awesome introductory book on information theory which in one chapter resolves Maxwell's demon. The argument is that the energy needed to reliably send a single bit of information (which is needed for making…
>your fundamental nature is flawed. Take these steps to salvation. When a cheap sales pitch uses the "you're flawed" format, it's usually telling people "we are all flawed, but here's how you can be morally superior to…
>This seems like cheap advice that's trying to get me to buy into a lifestyle in order to sell me things. Funny but I thought the exact opposite. People believe something much more easily when they want it to be true,…
>It would have been unethical to be the boss of the company that offer new shares, got them bought on a market, but also unblocking all the short sellers in the process. The stock market exists so that companies can…
"Expected value" is a well-defined term from statistics: "In statistics and probability analysis, the expected value is calculated by multiplying each of the possible outcomes by the likelihood each outcome will occur…
The whole point of capital markets is that companies can raise cash by creating shares, and then use that cash to make money for shareholders. Naked short selling subverts this by letting someone else issue shares of…
The customer chooses the card, the retailer pays the fee. Other companies can't undercut Mastercard's fees because the consumer(the person making the decision of payment type here) doesn't know or care what the fee is.
If you have a plan that relies on everyone in a nation of 300 million behaving ethically and honestly when there is a big incentive not to, you have a bad plan. The moral failing is on the clinics, sure, but if you want…
Liquid retail stocks follow Benford's law because there is a notion of intrinsic value from the company and an army of quant traders trying to exploit any price inefficiency caused by the retail traders. With…
I guess we need to make a distinction between the blog post and the Gary Smith post it links to here. Gary smith (the person I think you're referring to having spent a career in this) says this: >The market…
Benfords law is used to find evidence that the numbers came from a person, not a measurement or mathematical process, right? So anyone who knows what a limit order is should not be surprised to find evidence that humans…
I am a few months in to a 15 year mortgage after recently refinanced at a 2.125%. Here's a rough breakdown of where each dollar of my last mortgage payment went: Principal: 60% Interest: 22% Escrow(Taxes + Insurance):…
Here's an example for something as simple as a hobbyist using a metal lathe in their garage: For a rough part, you can measure how much material you need to take off, do it in a few passes without stopping to remeasure,…
From the code you linked: > Computing professionals should protect confidentiality except in cases where it is evidence of the violation of law, of organizational regulations, or of the Code. In these cases, the nature…
The dictionary defines ethics as the field of knowledge dealing with moral principles, sure, and that's not at all what I'm talking about here. Perhaps I erred in using the word too generally and should have been…
You've confused ethics and morals. The ethical action (which is about professional standards rather than your conscience) is usually to follow the legal agreement you've signed (barring something that supersedes the NDA…
From the tweet it looks like an awesome search feature. Just type what you wanted to search for right inline and then it can drop the result in without you ever changing a window or moving a hand to the mouse. Problem…
Somewhat buried, but this my favorite takeaway >Errors of omission are generally much more serious than errors of commission, but errors of commission are the only ones picked up by most accounting systems. Since…
For a very basic CRUD app I tend to agree with you. But for anyone dealing with synchronization between threads/processes/machines, modeling engineering problems with large systems of equations, complex business…
>the power differential is so intense that evidence can be ignored This is a good point from the article to expand on, it's not just coincidence that the Hanoi rat massacre and the Delhi cobra hunt both feature colonial…
Oops, yeah I mixed up some numbers there, would have to be a mustang loaded with options for my comparison.
There is no metric for "inflation for cars". What the BLS data is saying is that the nominal price/quality for cars has stayed the same. So in 1990 you could get a mustang for $20k, and if instead you stuffed 20k in you…
Take a look at the "Many Assets" subheading in the original post.
>You're forgetting many people live in apartments in dense urban areas How much sunlight do they get in parking garages?
Contracts are sometimes a useful deterrent, because going to court sucks and can cost you a lot of money. They're also not a replacement for trust, because going to court sucks and can cost a lot of money.
There's an awesome introductory book on information theory which in one chapter resolves Maxwell's demon. The argument is that the energy needed to reliably send a single bit of information (which is needed for making…
>your fundamental nature is flawed. Take these steps to salvation. When a cheap sales pitch uses the "you're flawed" format, it's usually telling people "we are all flawed, but here's how you can be morally superior to…
>This seems like cheap advice that's trying to get me to buy into a lifestyle in order to sell me things. Funny but I thought the exact opposite. People believe something much more easily when they want it to be true,…
>It would have been unethical to be the boss of the company that offer new shares, got them bought on a market, but also unblocking all the short sellers in the process. The stock market exists so that companies can…
"Expected value" is a well-defined term from statistics: "In statistics and probability analysis, the expected value is calculated by multiplying each of the possible outcomes by the likelihood each outcome will occur…
The whole point of capital markets is that companies can raise cash by creating shares, and then use that cash to make money for shareholders. Naked short selling subverts this by letting someone else issue shares of…
The customer chooses the card, the retailer pays the fee. Other companies can't undercut Mastercard's fees because the consumer(the person making the decision of payment type here) doesn't know or care what the fee is.
If you have a plan that relies on everyone in a nation of 300 million behaving ethically and honestly when there is a big incentive not to, you have a bad plan. The moral failing is on the clinics, sure, but if you want…